ACDC Metals Limited (ASX: ADC) (ACDC Metals or the Company) is pleased to announce signing of an agreement to earn up to a 100% interest in the Mount Jackson Project within the Walker Lane of Nevada, USA. The Walker Lane is a Tier-1 geological feature with a strong history of mining production, and a high level of exploration and development.

Key Highlights:

• ACDC Metals has secured rights to earn a 100% interest in the Mount Jackson Gold-Silver project in the highly mineralised Walker Lane district, Nevada.
• Total project area including 48 BLM lode mining claims (~3.6 km2), with additional staking underway.
• Multiple prospect areas have been identified across the low sulfidation epithermal gold-silver system, highlighting the broader scale potential of the project. Drill ready targets are present at the Pegasus prospect, where historical drilling returned:
 PC34A: 25.9m @ 1.94 g/t Au from 97m incl. 6.1m @ 7.38 g/t Au from 97m.
 PC21: 21.3m @ 1.34 g/t Au from 61m.
 PC34: 22.9m @ 1.56 g/t Au from 82m.
 PC41: 45.7m @ 0.56 g/t Au from 116m.

• Mount Jackson is proximal to major miners and explorers:
 Round Mountain (Kinross Gold)
 Arthur Gold (AngloGold Ashanti)
 North Bullfrog (AngloGold Ashanti)

• Low upfront cost, with the majority of earn in tied to milestones and expenditure in the ground.

• Strongly supported placement of $0.935 million, undertaken by Lead Manager Cygnet Capital. In addition, a 1:3 Rights Issue will be offered to raise up to $1.56 million.

• ACDC Metals will be well funded to drive exploration in Nevada and development in Victoria.

• Mt Jackson airborne geophysics planned for completion in current quarter. Proposed drilling to commence H2 CY2026.

• Goschen Central Retention Licence application remains in progress.

• Exploration Licence application remains in progress for the White Hills Gold project in Central Victoria.


ACDC Metals CEO Tom Davidson commented:

“Mount Jackson is an exciting new epithermal gold project for ACDC Metals. It is situated in western Nevada, with a very high pedigree for gold, and demonstrates strong historical results with additional drill ready targets. This is the first time the project has come to the ASX, providing ACDC Metals shareholders with exposure to a highly prospective, underexplored system.

We are extremely pleased with the support shown for the placement and look forward to
welcoming the new shareholders to the register. Together with our existing cash reserves, ACDC
Metals is well positioned to undertake and deliver the planned exploration program at the Mount Jackson Project and deliver value creation.

The Mount Jackson project will complement our existing portfolio and will enable the company to continue delivering value to our shareholders.

We remain committed to advancing the Goschen Central Project, as demand for rare earths continues to strengthen. Our focus remains on systematically progressing the project through development milestones, ensuring it is well positioned to respond to favourable market conditions and emerging supply chain opportunities.”

For complete information refer to announcement released to the ASX on 30/4/26 which can be viewed at www.acdcmetals.com.au.

Important Note - Not financial advice
This video is provided for information purposes only, do not construe as offering financial advice. Consult professional advice before making any investment decisions, ACDC Metals Ltd may not be suitable for your investment needs.

Tom Davidson, CEO of ACDC Metals (ASX:ADC) provides an update from the 2025 Noosa Mining and Investment Conference

All Announcements and latest presentation at www.acdcmetals.com.au

Important Note - Not financial advice
This video is provided for information purposes only and should not be construed as offering financial advice. Please consult professional advice before making any investment decisions, ACDC Metals Ltd may not be suitable for your investment needs.