HIGH-GRADE GOLD INTERCEPTS CONTINUE AT KALGOORLIE EAST

Riversgold reports strong results from Northern Zone drilling

Riversgold Limited (ASX: RGL) has reported assay results from the first two reverse circulation (RC) drill holes of an 11-hole program at the Northern Zone Intrusive Hosted Gold Project, located 25 km east of Kalgoorlie in Western Australia. The results confirm shallow, high-grade gold intercepts within a lower-grade porphyry gold halo.

Drill Highlights:

7m @ 3.62 g/t gold from 39m (NZRC007)
- Including 1m @ 10.81 g/t gold from 42m and 1m @ 12.10 g/t gold from 44m
5m @ 4.37 g/t gold from 37m (NZRC008)
- Including 1m @ 15.13 g/t gold from 40m

These significant intercepts sit within broader mineralised zones, including 54m @ 0.65 g/t gold from 39m (NZRC007) and 54m @ 0.51 g/t gold from 37m (NZRC008).

Riversgold has now completed 11 drill holes covering 1,289m, targeting shallow depths of 100m to 120m. The company plans to immediately extend drilling with an additional 2,000m campaign to test shallower mineralisation.

David Lenigas, Chairman of Riversgold, said:

The initial results from our first RC campaign of 2025 at Kalgoorlie East have exceeded our expectations, revealing healthy grade and overall tenor within the shallower oxide gold mineralisation at the top of the mineralised porphyry. We have 9 more drill holes in the lab awaiting results and based on this initial RC work, we will be adding a further 2,000m of drilling starting today. We will continue the Company’s consistent and regular news releases over the coming months, reporting gold results as we advance Northern Zone and report on our new early-stage gold, copper, silver and antimony discovery in New Brunswick.