Yandal Resources Ltd. pleased to advise that it has received final assay results from the RC drilling exploration program completed at Mt McClure in September. Mt McClure is located in the southern Yandal Greenstone Belt of Western Australia and includes approx. 60km2 of tenure (incl.

applications) 10km south-west from the historic Bronzewing mine and adjacent to the Orelia mine both owned by Northern Star Resources. In September 2022, the Company completed an RC program comprising 19 holes for 2,201m testing a range of new and emerging targets occurring along the main 10km long mineralised horizon within its tenure. The targets were primarily in the immediate footwall horizon to the main deposits which has been demonstrated through earlier broad spaced programs to be to be prospective.

The program returned several highly encouraging intercepts and highlighted the significant potential of the HMS Sulphur and Gilmore Prospects. Both prospects are being further drilled tested as part othe current Phase 1 Mineral Resources Estimate upgrade RC program HMS Sulphur The HMS Sulphur Prospect is located immediately to the north-west in the footwall stratigraphic position of the Success deposit over which the company completed an MRE in September 2022. Initial drilling in the area by the Company in 2021 following up historic drill hole anomalism returned a number of intercepts in the area including 11m @ 2.6g/t Au from 73m including 8m @ 3.3g/t Au (YRLRC401)(1).

Gold occurs within strongly oxidised mafic and volcanogenic sedimentary rocks and the geological interpretation suggests there is strong potential for continuity of the mineralisation within primary rocks at depth. The recent RC program comprised 7 holes testing the HMS Sulphur mineralisation down-dip of YRLRC401 and along strike. The program successfully confirmed continuity of mineralisation 85m down-dip of YRLRC401 for a total dip extent of 126m beyond which it remains open for at least another 85m.

Down-dip intercepts include:14m @ 1.3g/t Au from 113mm including 2m @ 6.4g/t Au from 119m (YRLRC1076); and 8m @ 1.7g/t Au from 148m including 4m @ 3.1g/t Au (YRLRC1077) Broad spaced step out drilling has also confirmed that the HMS Sulphur mineralised horizon extends from immediately northwest of the Success open cut over at least 600m of strike. Intercepts include:4m @ 1.2g/t Au from 58m including 1m @ 2.6g/t Au from 58m (YRLRC1071); and 13m @ 0.9/t Au from 97m including 3m @ 1.8g/t Au (YRLRC1072), 12m @ 1.1g/t Au from 100m including 5m @ 2.1 g/t Au from 105m (YRLRC1078) On the basis of these results and encouraging results from previous drilling by Yandal, the Phase 1 RC MRE extension drilling program commenced in November 2022 will include infill holes on 40m traverses to the northwest of YRLRC401 as a first pass assessment of the Resource potential of HMS Sulphur.