Key Highlights:

 New 11.5 km shallow strandline discovery confirmed at Watchem North.
o Peak grade of ~8% Total Heavy Mineral returned in assays.
o Strandline remains open to the South with opportunity to extend
mineralisation.
 This follows the strandline discovery of Venice Beach1 on the property.
 Assays at Douglas Project have been received, following the earlier
reported discovery of a Strandline2.
 Goschen Central mineral resource estimate update has commenced.

ACDC Metals Limited (ASX: ADC) (ACDC Metals or the Company) is pleased to announce assay results from the follow-up drilling program completed by the Company at the Watchem North heavy mineral sand Project (Victoria) during May 2024. Results confirm the discovery of a new strandline at shallow depth of between 10m and 25m. Drilling to date has all been conducted along roadsides and remains open.

Highlights from drilling include:
6.00m @ 2.80% HM from 15.00m, Including 3.00m @ 4.40% HM from 15.0m. 24WN155
9.00m @ 3.23% HM from 10.50m including 4.50m @ 5.26% HM from 13.5m. 24WN160
28.50m @ 1.06% HM from 9.00m including 1.50m @ 7.94% HM from 18.0m. 24WN162
9.00m @ 1.56% HM from 9.00m including 1.50m @ 5.03% HM from 16.5m. 24WN163
1.50m @ 1.24% HM from 33.00m including 1.50m @ 3.30% HM from 15.0m. 24WN165
16.50m @ 1.21% HM from 9.00m including 1.50m @ 4.19% HM from 30.0m. 24WN173

ACDC Metals CEO Tom Davidson commented:
“Our 2024 drilling campaign keeps delivering new discoveries across our project portfolio, and these assays from our Watchem North project are no exception. Results confirm new strandline style mineralisation. This is an important development for the project which is in a region that has seen prior mining by Iluka Resources.

For complete information
Please refer to the announcement released to the ASX on 26 August 2024 which can be viewed on the website www.acdcmetals.com.au. Please also refer to the disclaimer found at the end of the video and below.

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.

Competent Persons Statement
The information in this document that relates to exploration results is based on information reviewed by Mr Kent Balas, a Competent Person who is a member of the Australian Institute of Geoscientists AIG, member no 8652) Mr Balas is an employee of Langdon Warner Pty Ltd and provides consulting services to ACDC Metals. Mr Balas has sufficient experience, which is relevant to the style of mineralisation and types of deposits under consideration and to the activity which has been undertaken to qualify as a Competent Person as defined in the 2012 edition of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves (JORC Code). Mr Balas consents to the inclusion in the report of the matters based on his information in the form and
context in which it appears.

ACDC Metals Limited (ASX: ADC) (ACDC Metals or the Company) is pleased to announce assay results from the Q1 2024 drilling program completed by the Company at the Watchem North heavy mineral sand Project in the Murray Basin of western Victoria.
Results confirm the discovery of a new high-grade strandline, named by the Company the Venice Beach strandline.

Key Highlights:

 Venice Beach Strandline discovered at Watchem North. Shallow, high grade, heavy mineral sand strandline with a 9km strike length,
including 6m at 37.9% Total Heavy Mineral (THM).
 A second potential strandline interpreted over a 35km strike length.
 Drilling suggests a third strandline, interpreted to be an extension of
Iluka’s Barbary heavy mineral sand resource.
 Follow up drilling has been completed in May to identify extent of
potential strandlines at Watchem North, as well as further defining the
extent of mineralisation at the strandline discovered at ACDC Metal’s
Douglas Project with samples being transported to the Laboratory.

Drilling highlights from the Venice Beach strandline include:
 6.00m @ 37.9% THM from 6.00m (24WN046).
 4.50m @ 29.2% THM from 6.00m (24WN026).
 3.00m @ 20.3% THM from 4.50m (24WN047).
 4.50m @ 19.3% THM from 4.50m (24WN035).

The results above are provided in Appendix 1 in the ASX release dated 4 June 2024.

The 132 hole, 5,500m drilling program completed by ACDC Metals in February and March 2024 was highly successful and has identified multiple new strandlines.

The Venice Beach discovery is a high-grade shallow strandline that extends over a strike length of greater than 9km with an across strike width of 100-300m. The depth to the top of mineralisation is ~3m in the south, extending to ~10m in the North.

Drilling also discovered an interpreted extension to the Iluka Resources’ Barbary deposit which sits to the east of ACDC Metals’ EL007685 and 7687. Furthermore, processing of government magnetic data
defines an additional potential strandline with a 35km strike length, which was intersected with at least 3 mineralised drill holes during the recent program.

ACDC Metals CEO Tom Davidson commented:

“These exciting results reinforce our ability to discover new high grade mineral sand occurrences across our large exploration licence package. We have an emerging discovery already at our Douglas Project,
and now a second high grade, shallow discovery at Watchem North. Out geologists are also very excited about the new strandline we have identified by reprocessing government magnetic data, which we
believe may have large scale potential.”