HANKING GOLD (03788) reports the beneficiation metallurgical test results of recent drill samples from the historical waste rock dump area of the Rustlers Roost gold deposit.

HANKING GOLD (03788) announces that the Board of Directors of the Company is pleased to report the beneficiation metallurgical test results of recent drill samples from the historical waste rock dump area of the Rustlers Roost gold deposit, and to provide an update on the follow-up drilling program and construction progress at the Mt Bundy gold project (the Project) located in the Northern Territory of Australia. - Composite samples of mineralized material obtained from the first-phase drilling of the entire historical waste rock dump achieved gold recoveries exceeding 95%. Follow-up drilling of approximately 700 reverse circulation drill holes totaling 15,000 meters is being accelerated, aimed at defining new JORC-compliant mineral resources and ore reserves. The waste rock dump is estimated to contain 10 million tonnes of oxide ore and is located adjacent to the processing plant currently under construction. - Construction of the 5.5 million tonnes per annum ore processing plant is progressing well; supply contracts for key equipment with long lead times have been awarded or ordered, and significant progress has been made on major earthworks. - Construction of the haul road and the 258-room camp has been completed ahead of schedule and within budget. - Construction of the tailings storage facility (TSF) and tendering for the mining contract are progressing well. - The target is to commission the processing plant in Q4 2027, with first gold production in Q1 2028.