Gascoyne Resources Limited (“Gascoyne”) is an ASX-listed gold exploration company, based in Western Australia. The flagship asset is the Dalgaranga Gold Project (“Dalgaranga”) located approximately 65km from Mt Magnet in WA's Midwest. Gascoyne commenced gold production at Dalgaranga in May 2018 operating one of the lowest cost gold processing plants in Australia. In late 2022 mining operations were placed into Care and Maintenance after a period of sustained industry cost inflation and low head grades. In early 2022 Gascoyne made a high-grade discovery at Dalgaranga just 1km from the Process Plant. The company intends to drill out the new high grade discovery, the Never Never Gold Deposit, as the cornerstone to a new +5yr mine plan. The plan centres around vigorous resource definition and exploration drilling through 2023 to define the required high-grade mining inventory to justify a restart decision. Gascoyne also owns the 0.5Moz Glenburgh Gold Project and the 27koz Mt Egerton Gold Project, both advanced exploration projects and both located in the Gascoyne region of Western Australia. Gascoyne is committed to creating value for shareholders. Our strategy is clear, preserve the value of our assets, grow the value of our high-grade ounces and define a solid 5-10yr mine plan.