The Directors of Zuleika Gold Limited announced the appointment of experienced geologist, Mr. Jonathan Lea as Managing Director of the Company. Jonathan is a mining industry executive with over 35 years expertise in all aspects of the mineral industry. Date of appointment is July 18, 2022.

After commencing as a geologist, recent roles for mineral exploration and development companies at Managing Director level have focused on all aspects of resource company development, including project generation, corporate management and capital raising. Jonathan has extensive project development and production experience, with a particular focus on gold, also covers a number of commodities including iron ore and base metals in both open cut and underground settings mainly in Western Australia but also elsewhere in Australia and overseas. Jonathan's experience includes a 10 year period working around Kalgoorlie adjacent to many of the areas covered by Zuleika's tenement holdings.

Particular success was achieved with Polaris Metals following the discovery and initial development of the Carina iron ore deposit leading to a takeover producing significant shareholder benefits. As a consequence of the appointment of Jonathan as Managing Director, the Board of the Company has been restructured as follows: Ms Annie Guo has been appointed as the Company's Executive Chair and ceases to be the Company's Managing Director.