Investigator Resources Limited provided this release in relation to the 7,634m regional exploration drilling program completed in April 2022 that focused on six prospects across the 100% owned Peterlumbo tenement, host of the Paris Silver Project in South Australia. Investigator's 100% owned Paris Silver Project is located 70 kilometres north of the rural town- ship of Kimba on South Australia's Eyre Penin- sula. Paris is a shallow, high-grade silver deposit amenable to open pit mining and hosts a Mineral Resource estimate of 18.8Mt silver at 88g/t for 53.1Moz of silver at a 30g/t cutoff1.

With positive Pre-Feasibility Study outcomes re- ported in November 20212, the company is un- dertaking work towards completion of a Defini- tive Feasibility Study whilst progressing explo- ration across adjacent significant ground hold- ings within South Australia. 2022 Regional drilling program:- The regional exploration program followed up on drilling completed in 2021, in addition to testing of a number of exploration models that have incorporated the soil sampling and mineral system reviews completed by Investigator. Reverse Circulation ("RC") drilling of 7,634m in 54 holes was completed in April 2022 and the 270m diamond twin hole was completed in June 2022.

Drilling of two holes at Ajax is discussed later. Results for drillholes PPRC825 and PPRC826 at Apollo were previously reported. Assay results from the diamond twin hole at Apollo are yet to be received.

Apollo sits approximately 4km northwest of the Paris Silver Deposit, within a prospective structural corridor identified by gravity and magnetic features. Initial scout drilling in 2020-2021 targeted an interpreted northeast structural lineament parallel to the main dykes associated with the Paris deposit. Prior drilling had intersected gold and silver anomalism in multiple holes, returning best results of 2m @ 243g/t silver from 72m followed by a further 2m @ 37g/t silver from 76m (PPRC763), 5m @ 31g/t silver from 128m (PPRC779)6 and 1m @ 96g/t silver from 66m (PPRC735)7. The 2022 exploration program was focused on testing a broad selection of targets based primarily on soil geochemistry and structural targets identified by both gravity and magnetic data.

As pre- viously reported, drilling along the primary interpreted Apollo structure intersected high-grade vein hosted intermediate sulphidation mineralisation in PPRC8268, with a reported intersection of 7m @ 700g/t silver (including 4m @ 1,170g/t silver) from 150m. Initial sampling within the zone of identified mineralisation was via 1m samples collected from a cone splitter attached to the RC drill rig.