White Energy's Farm In Agreement with Tectonic Gold Plc subsidiary

White Energy Company Limited (ASX: WEC, OTC: WECFF) has entered into a Farm in Agreement with Tectonic Gold Plc subsidiary, Signature Gold Pty Ltd, for the 'Specimen Hill Project' in central Queensland. The agreement aims to capitalize on extensive copper mineralisation and develop high grade copper resources to meet the increasing demand for minerals in the renewable energy sector.

Executive Commentary on Farm In Agreement

White Energy's Farm In Agreement with Tectonic Gold Plc subsidiary, Signature Gold Pty Ltd, marks a significant step in our strategy to focus on developing high grade copper resources. The extensive mineralisation obtained from Tectonic's exploration presents a valuable opportunity for White Energy to contribute to the global transition to renewable energy. We are committed to conducting further exploration work to identify mineralisation and finalize initial drill targets, in line with our goal to advance our mineral exploration portfolio.

Summary of Farm In Agreement and Specimen Hill Project

White Energy's Farm In Agreement with Tectonic Gold Plc subsidiary, Signature Gold Pty Ltd, for the 'Specimen Hill Project' in central Queensland aims to capitalize on extensive copper mineralisation. The agreement outlines a three-stage acquisition process, with the ultimate goal of acquiring 100% interest in the Project. The project's location within a major structural corridor aligns with White Energy's strategy to identify mineralisation in areas with deep crustal scale structural corridors. The recent due diligence work has identified high grade copper mineralisation, and further exploration work is underway to finalize initial drill targets. The project's history and geological characteristics indicate the potential for significant mineral resources, supporting White Energy's ambitions to contribute to the renewable energy sector.