Adyton Advances Toward Mining Restart with Approval for 20,000 Tonne Bulk Sample at Wapolu

Executive Summary

• Adyton Resources Corporation received approval from the Mineral Resources Authority (MRA) to vary Exploration Licence EL 2549, authorizing bulk sample extraction and on-site processing at the Wapolu Gold Project.
• The approved variation permits the extraction and processing of approximately 20,000 tonnes of material to support process flow sheet optimisation, metallurgical testing, and the production of bulk concentrate samples for customer evaluation and product qualification.
• This regulatory milestone advances the permitting pathway for the historic Wapolu Mine, complementing the recently completed Mine Warden's Hearing for Mining Lease Application 1390 and enabling early mobilisation ahead of final Mining Lease approval.

Key Details

• Regulatory Approval: MRA approved variation to Exploration Licence EL 2549.
• Bulk Sampling Volume: Approximately 20,000 tonnes authorized for extraction and on-site processing.
• Technical Objectives: Process flow sheet optimisation, metallurgical testing, and production of bulk concentrate samples for customer evaluation and product qualification.
• Permitting Status: Environment Permit application, Mining Lease Application (ML 1390), and Lease for Mining Purposes (LMP 152) are actively progressing. The Mine Warden's Hearing for ML 1390 has been completed.
• Infrastructure Development: LMP 152 application covers supporting infrastructure, including airstrips and associated project facilities.
• Strategic Impact: Enables mobilisation ahead of Mining Lease approval, accelerating key development activities and maintaining the project's trajectory toward production restart.
• Project Location & Partnership: Wapolu Gold Project is located on Fergusson Island, Papua New Guinea, and is being advanced by Adyton Resources in partnership with EVIH.

Notable Quotes

• Tim Crossley, Chief Executive Officer: "The approval of our Exploration Licence variation to enable bulk sampling is an important step forward in our strategy to restart mining operations at Wapolu... This approval keeps us firmly on track as we work to unlock the value of this high-quality gold project and progress Wapolu towards production."
• Louis Wang, Project Director of EVIH: "We are very pleased with the pragmatic approach adopted by the MRA throughout this variation process... The approval of this variation, together with the recent completion of the Mine Warden's Hearing, represents meaningful progress toward bringing the historic Wapolu Mine back into production."