High-Grade Copper and Gold Potential at Green Rock

EQTEC PLC (AIM:EQT), the technology-led energy transition company, is pleased to announce the completion of a comprehensive review of historical exploration data and geological interpretation, which has defined priority targets and supported the design of an initial field exploration programme at the Green Rock Copper-Gold Project located in the Ashburton Basin, northwest Western Australia (Figure 1).

The Green Rock Project represents EQTEC's first Australian copper-gold asset and provides exposure to high-grade surface mineralisation within a structurally significant mineral field in Western Australia, a Tier 1 mining jurisdiction.

A comprehensive review of the historical database and initial map preparation has been undertaken by the Company's geologists to refine targets ahead of a maiden site visit. Geological consultants are expected to mobilise to site in the coming weeks, subject to the end of the summer wet season.

Highlights

• High-grade surface copper and gold mineralisation identified, associated with major structural features and dyke margins, with reported historical grades of up to 46.7% Cu and 5.31 g/t Au.
• Maiden site visit planned in the coming weeks to validate and extend known outcropping mineralisation and build on work completed by previous explorers.
• Planned field programme will assess appropriate geophysical techniques to advance known mineralisation styles associated with malachite-hosted copper and gold systems.
• Geological interpretation indicates potential for multiple mineralisation styles, with scale potential supported by structural complexity and spatially coincident copper and gold anomalies.
• Multiple high-grade prospects identified across the licence area; no modern drilling has yet been undertaken.

Comment from James Parsons, CEO of EQTEC

"Our detailed review of the historic data has reinforced both the quality of historic work, and the high tenor of copper and gold mineralisation observed to date. We are also delighted the mineralisation appears to be structurally controlled and both the copper and gold anomalies are overlapping spatially. We are now preparing for a maiden site visit aimed at refining targets and evaluating the broader geological models that may underpin a large-scale mineralised system. We look forward to updating shareholders as work progresses."

Green Rock Gold-Copper Project Tenure

The Project consists of a single granted exploration licence, E08/3725, covering approximately 31.5 km².

Green Rock Gold-Copper Project Location and Access

The Green Rock Project is located within the Ashburton Mineral Field in the southern Pilbara region of Western Australia. The Project lies approximately:

• 160 km west of Paraburdoo
• 170 km west of Tom Price
• ~35 km southwest of the Paulsens Gold Mine (Black Cat Syndicate Ltd, ASX:BC8)

The proximity to established mining operations demonstrates the region's proven mineral endowment and access to infrastructure.

Access is via the sealed North Western Coastal Highway to Nanutarra Roadhouse, followed by established dirt roads and station tracks.

Topography comprises low hills trending NW-SE with elevation variations of up to 100m. Vegetation is dominated by spinifex with scattered acacia and eucalypts along drainage lines.

Exploration Programme

Field activities are scheduled to commence following the seasonal wet period, marking the first modern, systematic exploration programme at the Project.

Field activities are expected to focus on:

• Ground validation of outcropping mineralisation;
• Assessment of potential geophysical techniques to enhance targeting of malachite-associated copper-gold systems; and
• Evaluation of larger-scale structural and geological models that may explain the distribution of mineralisation observed to date.

Figure 1: EQTEC West Australian project location map.

Figure 2: Green Rock Copper results with interpreted dykes and faults.

Figure 3: Green Rock Gold results with interpreted dykes and faults.

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