Progress Report on Exploration Permit MEP51771

This report by Oceana Gold summarizes the exploration activities undertaken between 28th April 2018 and 27th April 2020 at Waihi North MEP51771, Waikato at the Ramarama and Mataura prospects. Three drillholes are reported. 298 soil samples and 40 surface rock samples has been collected during the reporting period. Spectral analysis was performed on drill cores, soil samples and rock chips. Resistivity data was collected with 5 CSAMT (5600m) lines and a gravity survey was conducted. In addition, a LiDAR survey and a geological mapping have been completed. The associated data can be found in the enclosures to this report.