Prodigy Gold NL advised that detailed planning is being completed on exploration plans for the first half of 2023, with drill programs proposed for the Boco North, Tregony and Hyperion prospects. These Northern Tanami programs will increase the Company's understanding of the gold deportment between the Central Tanami Project Joint Venture (CTPJV ­ Tanami Gold/Northern Star Resources) Groundrush gold deposit in the south and the Crusade gold deposit in the north. As part of the current exploration activities, and as previously announced, diamond drilling has already commenced at the Phreaker prospect at the Lake Mackay JV Project.

This drilling will be logged and sampled at the completion of the program with results expected over the Northern Territory wet season. As part of the previously discussed exploration strategy for Prodigy Gold, the focus over the coming year will be placed on the Northern Tanami and Lake Mackay projects. With drilling at Phreaker currently underway, Prodigy Gold will focus its efforts on the Northern Tanami region in early 2023.

Three programs are planned to commence at the end of the wet season when site access can be assured. As previously announced, the Boco North RC drilling program is a co-funded project with the NT Government through their Resourcing the Territory grants. This program is currently scheduled for early 2023 and involves the drilling of around 20 RC holes through the non-prospective sedimentary cover sequence, targeting potential mineralisation related to the regional scale Suplejack Shear Zone ("SSZ") that is interpreted to occur below the overlying sediments.

This program is an opportunity to test the gold potential within the regional SSZ structure, which hosts several known gold occurrences including the Groundrush Gold Deposit to the south (resources of 10.7Mt @ 3.3g/t Au for 1.13Moz of Au 2) and the Crusade Gold Deposit to the north (resources of 1.4Mt @ 2.6g/t Au for 119Koz3), both part of the Central Tanami Project Joint Venture between Tanami Gold NL and Northern Star Resources Limited. The Tregony deposit is hosted around the contact in the sandstones and siltstones of the Killi Killi Formation of the Tanami Group. The prospect is bounded by the regional SSZ with mineralisation associated with veins related to local fault offsets of this regional structural feature.

Work continues on a review of the historic mineral resource by Prodigy Gold staff to allow reporting of this resource in accordance with the 2012 Edition of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves. The Tregony deposit is located approximately 20km to the South of the Boco North prospect and around 20km to the north of the Hyperion mineral resource.