The Directors of Prospech advised that Phase 2 drilling has been completed at the Zemplin silver-lead-zinc prospect within the Cejkov- Zemplin exploration licence, located in the Eastern Slovakian neovolcanic belt. This program follows Prospech drilling in April 2021, which intersected over 40 epithermal veins hosted within zones of hydrothermally altered volcanics. The Zemplin structure consists of parallel zones which remain open to the northwest and southeast.

The main silver zone is now interpreted as being a narrow series of parallel structures. Results from the Phase 2 drilling include: CZDD007: 0.5m @ 98 g/t Ag from 103.5m, 0.5m @ 191 g/t Ag from 171.0m, CZDD008: 1.0m @ 21 g/t Ag from 269.0m,5.0m @ 7 g/t Ag and 0.31 g/t Au from 285.0m, CZDD009: 1.0m @ 42 g/t Ag from 180.8m, 0.5m @ 516 g/t Ag and 0.74 g/t Au from 180.8m, 0.5m @ 23 g/t Ag and 1.35 g/t Au from 194.0m, CZDD010: 1.0m @ 34 g/t Ag and 0.17 g/t Au from 140.0m, Previously reported results from the Phase 1 drilling at Zemplin include: CZDD001: 3.0m @ 136 g/t Ag from 59.0m, and 4.5m @ 147 g/t Ag from 85.3m including 2.3m @ 240 g/t Ag from 87.5m, CZDD002: 6.0m @ 30 g/t Ag from 111.0m, CZDD003: 6.0m @ 117 g/t Ag from 94.0m, including 1.8m @ 291 g/t Ag from 97.2m, CZDD004: 4.4m @ 34 g/t Ag, from 49.6m, and 4.3m @ 201 g/t Ag from 92.5m, including 0.5m @ 1,220 g/t Ag from 92.5m, CZDD005: 0.35m @ 61 g/t Ag from 93.65m, 1.5m @ 33 g/t Ag from 118m, 1.0m @ 148 g/t Ag and 0.46 g/t Au from 118m, CZDD006: 3.0m @ 24 g/t Ag from 140m, 5.0m @ 8 g/t Ag and 0.23 g/t Au from 303m.