Regener8 Resources provides update on East Ponton Project

Regener8 Resources NL (ASX:R8R) has announced the enhancement of paleochannel-hosted Ni-Co prospectivity at the Hatlifter prospect within the East Ponton Project. The company has completed cultural heritage surveys at the Hatlifter and Grasshopper prospects and is preparing for an upcoming drill program to further evaluate the potential of paleochannel-hosted Ni-Co mineralisation.

Regener8 Managing Director, Stephen Foley, on Hatlifter prospect

The strategic location of Regener8's East Ponton Project showing connectivity downstream from the Ambassador deposit, a significant scale, multi-commodity, proven resource, further encourages the priority of the Hatlifter prospect. We are eager to test Hatlifter and review its similarities to Mulga Rock, which includes shallow nature of the resource, leading to low-cost mining methods.

Summary of ASX Announcement

Regener8 Resources NL (ASX:R8R) has identified extensive, unexplored paleochannels proximal to the Hatlifter paleochannel-hosted Ni-Co prospect. The company is planning to commence drilling at the Hatlifter and Grasshopper prospects in late October. The Hatlifter prospect shares geological similarities with the polymetallic Mulga Rocks project and historical drilling has encountered high-grade Ni & Co enrichment within a paleochannel setting. Regener8's upcoming drill program aims to further evaluate the potential of paleochannel-hosted Ni-Co mineralisation. The company's exploration efforts have led to the recognition of the position of Hatlifter in a similar side-channel position within the same paleochannel system as Mulga Rock, generating a significantly larger, new search space for exploration efforts.