BPM Minerals Ltd. provided an update on exploration activities across its Santy and Claw Gold Projects and final assay's from first-pass drilling at its Hawkins Project. Santy Gold Project: Drilling completed at Santy Gold Project targeting priority gold and base-metal targets. 96-hole (totalling 4,465 metres) program completed comprising of Reverse Circulation (RC) and Air Core (AC) drilling.

RC Drilling targeted the Santy Prospect, a 2.2km-long structural target with up to 100g/t rock chips returned previously1 and mineralisation remaining open in all directions. Several prominent litho-structural targets tested with aircore drilling including IZ6, IZ7 & IZ8 which are along strike of The Snake Well Gold Project. Samples at the laboratory awaiting assay with results expected fourth quarter of 2022.

Priority Soil Sampling Program at Tallering Lease to commence imminently. Claw Gold Project: Extensive exploration program has been designed, with work to begin early 2023. Early exploration included the acquisition of a 3,472-line km aeromagnetic survey with Dr Barry Murphy completing a geophysical interpretation using automated edge detection, identifying several large structural targets.

Drill ready targets identified during a review of historical open file drill data, and confirmed by the aeromagnetic interpretation, identifying two drill-ready gold anomalies at the Claw Gold Project. Hawkins Lead-Zinc Project: Final assays received from first pass drilling completed at the Hawkins Lead-Zinc Project, located in Western Australia's Earaheedy Basin. Drilling successfully intersected the Fere-Yelma unconformity, the key host structure for Earaheedy Basin Lead-Zinc Mineralisation.

The Company will announce further exploration and drilling programs at Hawkins in the coming months, including the Ivan Well and Rhodes Projects.