Investigator Resources Limited provided this release in relation to the 3,330m regional exploration drilling program that was completed in February 2022, focused on seven prospects across the 100% owned Uno Range and Morgans tenements. Investigator's 100% owned Uno Morgans project is located 75km north-west of Whyalla on South Australia's Eyre Peninsula. Access to the project site is predominantly via highways and sealed roads and is approximately 4 hours by road from Adelaide.

The Uno Morgans project is positioned approximately 80km east of Investigator's main asset, the Paris Silver Project, along the prospective Uno Fault at the base of the Gawler Range Vol- canics (GRV). Investigator are currently under- taking work towards completion of a Definitive Feasibility Study for the Paris Silver Project, whilst also progressing exploration initiatives across its significant ground holding within South Australia. Uno Morgans 2022 Drilling Program: The regional exploration drilling program was designed to follow up on outcomes generated through exploration activities completed in 2021.

Importantly, this is the first drill program under- taken within the project area since 2014. The drilling program targeted surface geochemical anomalies generated from recent Ultra Fine Fraction ("UFF+") soil sampling, and both northeast and northwest oriented structural features interpreted through geophysical datasets and field mapping. These structural orientations are considered to be major controls for hydrothermal fluids in the Southern Gawler Ranges region.

Multiple mineral systems exploration models including epithermal silver-gold, iron-oxide-copper- gold ("IOCG"), BIF associated gold, sedex/replacement lead-zinc-silver and Archean orogenic gold are considered applicable to the region with assessment incorporating recent UFF+ soil sam- pling and mineral system reviews completed by Investigator and technical consultant Dr Justin Gum. Twelve Mile: Twelve Mile presented as a prominent silver in soil anomaly positioned adjacent to a north-east trending ironstone outcrop, with gossan and epithermal quartz float scattered over thin cover and sub-cropping weathered basement. Geochemical analysis of float samples identified anomalous silver up to 34ppm, plus elevated copper and nickel.

Uno North: Uno North prospect, identified as a strong multi-element soil anomaly, is favourably positioned at the base of the Gawler Range Volcanics (Uno Fault), supported by anomalous multi-element rockchip assays and intersections in drilling undertaken by Investigator in 2014. Highlights: Renewed exploration focus delivers high grade silver discovery and impressive zinc results. 24 of the 27 holes (89%) drilled across 7 targets returned reportable intersections.

Significant high-grade silver intersected at Twelve Mile: 12m @ 240g/t silver from 78m, including 6m @ 383g/t silver from 81m [UMHRC021]. Extensive zinc intersections from near surface at Uno North: 123m @ 0.48% zinc from 15m, including 24m @ 1.52% zinc from 102m [UMHRC011]. 63m @ 0.60% zinc from surface, including 9m @ 1.07% zinc from 18m [UMHRC010].

Other intersections including silver, zinc, lead, gold and copper variously drilled at Twelve Mile, Higher Ground and Hurricane South prospects Planning for follow up soil sampling, mapping and drilling underway.