Hillgrove Resources LimitedASX: HGO

Hillgrove Resources Ltd - KANMANTOO MINE PHYSICALS CONTINUE TO IMPROVE

· Issued by Hillgrove Resources Limited

Hillgrove Resources Ltd (the 'Company' or 'Hillgrove') is pleased to announce its January 2025 production highlights.

Comparison to the December 2024 quarter monthly average has been included for reference.

Commenting on the January 2025 monthly physicals, Hillgrove CEO and Managing Director, Bob Fulker said: 'I am pleased to provide a January production update which clearly demonstrates operational improvements. In particular, the in-situ copper tonnes mined were up 21% compared to the December 2024 quarter monthly average. In accordance with plan, stope production in January increased significantly, with grade processed increasing 13% to 0.97%. The ore tonnes processed in the month are in line with our campaign milling schedule, with surface stocks at month end being circa 18,000 tonnes.'

Contact:

Mr Bob Fulker

CEO & Managing Director

Tel: +61 (0)8 7070 1698

Mr Joe Sutanto

Chief Financial Officer & Company Secretary

Tel: +61 (0)8 7070 1698

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