Update on Burkina Faso, Australia and DRC

This release is an update further to that of 29th April 2024.

Key points:

• Gold testing and production equipment loaded on container on way to sail for Burkina Faso
• Preparation of operating sites continues at Bilbale and Boulon
• Exceptional gold drill results from neighbouring area in Australia prompts plans for geochemistry and drilling
• Long stop date for purchase option of minority interest in Australian asset extended to tomorrow
• New Government appointment in DRC ends six month post-election hiatus with prospect of resolution of RRR claims

Burkina Faso: In the announcement of 29 April Red Rock noted that it was hoped to start operations at scale in early June, if no customs and other delays occurred. One key development since has been the significant recent rise in air freight rates, that has led to the decision to transport containers by sea. Although maritime container rates have also increased, this becomes the preferred option, and enables the Company to bring in extra equipment.

Simultaneously, initial earth moving and trucking equipment will be transported from Europe, with generators and other equipment. Target arrival times are early July, again subject to Government delays.

RRR's team has been on the ground working on the preparation of accommodation, water wells, transportation and logistics, and dealing with the Government.

Australia: The Company has commissioned its Australian management team at Red Rock Australia Limited ("RRAL") to immediately start a geochemistry programme on its Kilmore Gold Project tenements just to the west of Southern Cross Gold Limited's (ASX: SXG)("SXG") Sunday Creek gold discovery in Victoria, Australia, in order to confirm and map the continuation onto RRR ground of the dyke being explored by SXG, and to develop drill targets.

SXG announced on 27 May 2024 that it has:

• Drilled 473.0 grams per tonne ("g/t") Gold Over 0.5 Metres at Sunday Creek
• Found multiple High-Grade Structures which extend Mineralisation
• Plans for a 60km Drill Programme over the coming Year

*Refer to Southern Cross Gold Limited's ASX news Release dated 27 May 2024.

This news comes off the back of other very significant drill intercepts grading 455.3 metres at 7.2 grams per tonne of gold and 331.5m at 7.1 grams per tonne of gold amongst other high grade drill results.

The long stop date for completion of the purchase of the 49.9% of the Australian assets not already owned by RRR now expires tomorrow. The Company is working to meet the deadline and make a final assessment of the purchase. An announcement will be made on or after Wednesday 12th June 2024.

DRC: After the Presidential election at the end of last year, it has taken six months to put in place a leadership for the Assembly and a new Cabinet. During this period there has been stasis on all matters. RRR now anticipates being to take up where it left off just before the Election, and obtain the issuance of the arbitration award.

Andrew Bell, Red Rock Resources CEO, commented:

"Progress towards continuous operations in Burkina Faso continues satisfactorily. The scale of the logistics operation is considerable, and involves overcoming regulatory challenges at the points of both export and import. Further announcements will be made as we progress.

The astonishing gold results from Southern Cross Gold's Sunday Creek gold discovery has seen the company rise very quickly to a market capitalisation of nearly A$600 million, and SXG is beginning to attract international attention. These drill grades are associated with the same dyke that crosses out of SXG's ground to the west and is believed to run westward into Red Rock's ground. Recent research by our geologists uncovered small but high grade historic production at Donnybrook, which may be within this possible continuation of the dyke containing Sunday Creek.

SXG have raised a significant amount of money to drill 60,000 metres of drilling in 2024 and Red Rock would be missing an opportunity if it did not concurrently conduct the necessary geochemistry and other exploration to map the hypothesised dyke extension within our ground and identify and follow up any promising drill targets."