Prodigy Gold NL

Prodigy is excited to announce the lodgment of a Mineral Lease application over the Hyperion Gold Deposit to the Department of Mines and Energy in the Northern Territory. Hyperion currently has an Indicated and Inferred Mineral Resource of 8.6Mt @ 1.5g/t Au for 407,000 ounces of gold, and following outstanding results during this year, a resource update will be completed in the near future. The new Mineral Lease application covers approximately 1,980Ha of EL9250, which fully encompasses the Hyperion Mineral Resource and space for the establishment of the required site infrastructure including waste dumps, haul roads, workshops, camp and Run of Mine (ROM) stockpile pads. The application area also includes other prospects, which will require additional exploration work to determine their potential. You can read the full announcement on our web page or here: https://lnkd.in/ghZHCj5f

Today we announced that selected high-grade gold results from Hyperion and Tregony North, previously analysed using the Fire Assay Method, were confirmed by the Chrysos PhotonAssayTM analytical method. The Company had selected 30 RC samples from 2024 which all reported Fire Assay grades greater than 8.5g/t Au. Results from both methods align well. For example, the high-grade intercept into Tethys lode for hole HYRC24004, originally calculated as 10m @ 15.9g/t Au using Fire Assay and 10m @ 15.6g/t Au utilising PhotonAssay. Prodigy Gold Managing Director, Mark Edwards said:   “Prodigy Gold has used PhotonAssay to cross-check Fire Assay results for gold because it provides a complementary, non-destructive, and highly accurate alternate check method for gold analysis. Fire Assay, while considered a benchmark technique, involves multiple steps that can introduce variability, such as sample handling, flux composition, or human error. The smaller Fire Assay sub-sample can also add additional bias to any analysis technique. PhotonAssay enables companies to verify these results with a fast, chemical-free process on a larger sub-sample that can minimize biases and improve confidence in the data. This dual-method approach ensures robust quality control, enhances the reliability of resource estimates, and helps identify discrepancies early in the process, ultimately improving operational decision-making.   The PhotonAssay results reported in this release align closely with the Fire Assay outcomes, giving Prodigy Gold confidence that the 2024 drilling results are consistent and reproducible across different assay methods, across different areas of the Deposit and across different Deposits.   Prodigy Gold will continue to utilise this technique as a way of adding confidence in analytical methods, particularly around zones of higher grades, which can have a significant impact on mineral resource estimates”. To read the full release click here https://lnkd.in/gDKXDC4G

The final results from our 2024 Tregony North, Brokenwood and Pandora drilling program have been received. Highlights from the Tregony North holes include: * 21m @ 4.4g/t Au from 24m (TGRC24006) inc.: - 1m @ 24.7g/t Au from 42m * 20m @ 1.3g/t Au from 88m (TGRC24004) * 13m @ 2.7g/t Au from 45m (TGRC24002) inc.: - 2m @ 9.7g/t Au from 48m You can read the full announcement on our webpage or here: https://lnkd.in/g_VM3eSi

Exceptional drilling results have returned from the Hyperion gold deposit with intercepts of: Hyperion Lode: 25m @ 2.2g/t Au from 66m 33m @ 2.6g/t Au from 49m Tethys Lode: 10m @ 15.9g/t Au from 177m 30m @ 2.9g/t Au from 31m 13m @ 4.1g/t Au from 26m Suess Lode 4m @ 7.7g/t Au from 87m Two holes drilled down dip for metallurgical test work: 99m @ 2.7g/t Au from 33m 53m @ 2.9 g/t Au from 49m You can read the full announcement here: https://lnkd.in/gHz2wT9h

Managing Director, Mark Edwards, recently discussed Prodigy's current capital raise and answers some commonly asked questions that's involved in the process. You can listen to the discussion here:

It was a pleasure to talk with Barry Fitzgerald about the Prodigy Gold story and why the Tanami is an exciting region to work. There are plenty of opportunities for Prodigy Gold to grow in the region and we are looking forward to keeping everyone up to date on how our work goes this year and into the future.

While in the field last week, our MD, Mark Edwards, caught up with Barry Fitzgerald from Stockhead's Explorers Podcast to discuss our Tanami North project. You can listen to the podcast here:

Stockhead talks the Tanami with on-site Prodigy Gold managing director Mark Edwards to delve into the region's untapped multi-million ounce potential. Prodigy Gold NL https://buff.ly/3TnOAaT #ASX

Prodigy Gold is very excited to announce that drilling at the Hyperion Deposit has now commenced. Managing Director Mark Edwards said: “With the recently updated Hyperion Mineral Resource, the Company is excited to continue drilling at the Hyperion Deposit to infill areas to improve confidence in the Mineral Resource estimation. This new program commenced with the RC drilling following up on historical AirCore drilling results which were excluded from the Mineral Resource estimation process. Other holes have been designed to provide additional samples for further metallurgical testwork for the Hyperion Deposit, supporting the highly encouraging metallurgical results received for samples from the Suess domain.   Once these holes have been completed the rig will mobilise to the Brokenwood and Pandora prospects, which are located around 7km to the south of the Hyperion Deposit, with these holes designed to follow up on the successful drilling completed on the Brokenwood Prospect in 2023.   Prodigy Gold looks forward to keeping all investors up to date on the results of these drilling campaigns over the coming months.” You can read the full release here: https://lnkd.in/gBQUVvzZ

Prodigy is please to release our 2024 Annual Report which outlines exploration activities completed by the company and its joint venture partners since the end of the last financial year. You can read the report here: https://lnkd.in/gMwWRwFS