Technical Director of Peregrine, Mr. George Merhi, commented: 'We are really excited to be back drilling the Tin Can Prospect at our Newman Gold Project.

After the significant drill hits from the last campaign in May, which was initially delayed due to heavy rains in January and March 2024, we are delighted to be back on site with a rig. We are confident that this latest round of drilling will give us a much better understanding of the mineralised system at Tin Can, a prospect in a region not known for its gold mineralisation.' The recent Reverse Circulation (RC) drilling at the Tin Can Prospect intersected significant gold mineralisation:

Contact:

George Merhi

Technical Director

Tel: +61 418 831 069

COMPETENT PERSONS STATEMENT

The information in this report which relates to exploration results is compiled by George Merhi, a Competent Person who is a Member of the Australasian Institute of Mining and Metallurgy. Mr Merhi is a Technical Director of Peregrine Gold Limited and a holder of shares, performance shares and options in Peregrine Gold Limited. Mr Merhi has sufficient experience that is relevant to the styles of mineralisation and types of deposit under consideration, and to the activity being undertaken, to qualify as a Competent Person as defined in the 2012 Edition of the 'Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves' (JORC Code). Mr Merhi consents to the inclusion in the report of the matters based on his information in the form and context in which it appears. The Company confirms that it is not aware of any new information or data that materially affects the Exploration Results information included in this report from previous Company announcements results announced on the dates specified in the body of this report.

FORWARD LOOKING STATEMENTS

Statements regarding plans with respect to Peregrine's projects are forward-looking statements. There can be no assurance that the Company's plans for development of its projects will proceed as currently expected. These forwardlooking statements are based on the Company's expectations and beliefs concerning future events. Forward looking statements are necessarily subject to risks, uncertainties and other factors, many of which are outside the control of the Company, which could cause actual results to differ materially from such statements. The Company makes no undertaking to subsequently update or revise the forward-looking statements made in this announcement, to reflect the circumstances or events after the date of that announcement

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