Quarterly Activities Report For the quarter ended 31 December 2023

Tennant Minerals Limited (“Tennant” or “the Company”) continued to focus on advancing the high-grade Bluebird copper-gold discovery at its 100%-owned Barkly Project in the Northern Territory during the quarter ended 31 December 2023 (“the Quarter”).

This included the ongoing Stage 3 drilling program which is testing an expanded mineralised target footprint at Bluebird over a strike-length of more than 1.5km and from near surface to more than 400m depth1,2 (see eFigure 1, drillhole and target location plan).

The results to date from the Stage 3 program continue to demonstrate the continuity of exceptional copper and gold grades at Bluebird as the Company moves towards generating a maiden Mineral Resource.

Activity Report for the Quarter Ended 31 December 2023

For enquiries please contact:
Stuart Usher
Company Secretary
M: +61 (0) 499 900 044
Andrew Rowell
White Noise Communications
M: +61 (0) 400 466 226

CAUTIONARY STATEMENT REGARDING FORWARD LOOKING INFORMATION

This release contains forward-looking statements concerning Tennant Minerals Ltd. Forward-looking
statements are not statements of historical fact and actual events and results may differ materially from those
described in the forward-looking statements as a result of a variety of risks, uncertainties and other factors.
Forward-looking statements are inherently subject to business, economic, competitive, political and social
uncertainties and contingencies. Many factors could cause the Company’s actual results to differ materially
from those expressed or implied in any forward-looking information provided by the Company, or on behalf
of, the Company. Such factors include, among other things, risks relating to additional funding requirements,
metal prices, exploration, development and operating risks, competition, production risks, regulatory
restrictions, including environmental regulation and liability and potential title disputes.
Forward looking statements in this release are based on the company’s beliefs, opinions and estimates of
Tennant Minerals Ltd as of the dates the forward-looking statements are made, and no obligation is assumed
to update forward looking statements if these beliefs, opinions and estimates should change or to reflect other
future developments.

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