Appendix 1 – Summary of Significant Results for 10 Drill holes drilled in 2022. Hole East North RL EOH Dip Azm From To Interval WO3% Zone EQ017 23050 26422 380.2 345.4 -62.1 45.5 201.85 203.00 1.15 0.60 Talis EQ018 22483 26159 384.4 465.2 -45.0 55.0 116.66 116.94 0.28 1.51 Iolanthe 124.09 125.50 1.41 1.06 Iolanthe Incl. 124.09 124.50 0.41 2.73 Iolanthe 146.64 147.05 0.41 1.01 Bluff 174.50 175.53 1.03 0.83 Bluff Incl. 175.30 175.53 0.23 3.45 Bluff 182.65 185.81 3.16 0.37 Bluff Incl. 182.65 182.81 0.16 5.53 Bluff Incl. 185.68 185.81 0.13 2.15 Bluff 209.15 210.58 1.43 0.54 Bluff Incl. 209.15 209.37 0.22 1.54 Bluff Incl. 210.09 210.58 0.49 0.89 Bluff 231.62 235.51 3.89 0.52 Johnson Incl. 231.62 231.80 0.18 1.56 Johnson Incl. 232.89 233.15 0.26 3.28 Johnson Incl. 235.40 235.51 0.11 8.01 Johnson EQ019 22461 26159 384.4 249.3 -44.5 40.8 124.55 124.80 0.25 3.21 Iolanthe 131.55 165.19 33.64 0.22 Iolanthe / Bluff Incl. 131.55 132.03 0.48 2.57 Iolanthe / Bluff Incl. 137.39 137.59 0.20 3.98 Iolanthe / Bluff Incl. 145.63 146.11 0.48 4.94 Iolanthe / Bluff Incl. 147.00 147.71 0.71 0.72 Iolanthe / Bluff Incl. 152.04 152.72 0.68 1.24 Bluff Incl. 156.77 157.21 0.44 2.09 Bluff Incl. 164.77 165.19 0.42 1.46 Bluff EQ020 22513 26217 385.1 204 -50.0 52.0 39.82 48.34 8.52 0.19 Iolanthe Incl. 39.82 40.02 0.20 5.16 Iolanthe Incl. 47.88 48.34 0.46 1.27 Iolanthe 61.45 72.96 11.51 0.16 Iolanthe Incl. 61.45 61.76 0.31 4.84 Iolanthe Incl. 72.74 72.96 0.22 1.29 Iolanthe 89.63 93.50 3.87 0.22 Bluff Incl. 89.63 89.80 0.17 1.91 Bluff Incl. 91.86 92.28 0.42 0.95 Bluff 141.27 147.53 6.26 0.18 Bluff Incl. 141.27 141.58 0.31 0.68 Bluff Incl. 142.73 143.17 0.44 1.41 Bluff Incl. 147.06 147.53 0.47 0.63 Bluff 165.56 167.35 1.79 0.79 Johnson Incl. 165.56 166.25 0.69 0.89 Johnson Incl. 167.16 167.35 0.19 4.25 Johnson 185.41 190.62 5.21 0.20 Johnson Operating and Financial Review continued 30 EQ Resources Limited Annual Report 2022
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