Broad Gold Mineralisation Intersected at Jubilee South

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23 September 2026

Waitekauri Gold Project
Broad Gold Mineralisation Intersected in Second-
Stage Jubilee South Drilling
Highlights
• Assays confirm broad gold mineralized envelope containing higher grade
structures from the four diamond hole drilling program completed at Jubilee
South Gold Prospect, within the Company’s Waitekauri Gold Project
• This program was targeting shallower parts of the high-grade gold system that
was historically mined at Jubilee, all holes returned gold mineralisation within
quartz-veined, silicified and pyritic andesite
• The Waitekauri Gold Project, which includes the historic Jubilee Gold Mine, is
located near Waihi on New Zealand’s North Island, only 8km west of
OceanaGold’s Waihi Gold Mine (+12Moz Au), and 4.5km directly along strike from
OceanaGold’s 2.2Moz @ 14.3g/t Au WKP deposit.
• Assays from the four-hole, 633.5m diamond drilling program completed included:
o TGW011: 80.3m @ 0.30g/t Au from 122.0m, including 16.0m @ 0.52g/t Au
from 159.0m and 1.0m @ 1.21g/t Au from 170.0m.
o TGW014: 52.5m @ 0.25g/t Au from 47.5m to end of hole, including 8.5m @
0.52g/t Au from 55.0m and 1.5m @ 0.71g/t Au from 62.0m.
o TGW012: 22.7m @ 0.35g/t Au from 135.5m, including 8.8m @ 0.62g/t Au
from 145.0m and 0.9m @ 2.60g/t Au from 150.8m.
o TGW013 returned multiple zones, led by 3.8m @ 1.10g/t Au from 70.8m,
including 1.0m @ 2.79g/t Au; a 1.2m zero-recovery interval is excluded
from reported intervals
• Independent review of the Jubilee and Jubilee South drilling programs completed
to date has commenced, for analysis of results and planning for next phase
exploration programs
• Mapping and reconnaissance sampling identified high grade outcropping
mineralisation at Joe’s Track prospect south of Sovereign with assays returning
up to 32.5g/t Au.
Minerals Exploration Limited (ASX: MEX, NZX: MEX) reports gold assay results from the
four-hole second-stage diamond drilling program at Jubilee South, within the
Company’s flagship Waitekauri Gold Project in the Hauraki Goldfield, New Zealand. The
program was designed to test a high-grade target within the Jubilee vein, interpreted
from historical data at shallower levels along its southern extent and closer to the
historic mine stopes.

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TGW012 and TGW013 intersected voids, as anticipated, while the drilling also defined a
broad zone of lower-grade gold mineralisation in the footwall of the Jubilee vein. This
broad mineralized footprint is interpreted to reflect substantial hydrothermal fluid flow
through the system and suggests that lithology and permeability were important
controls on the distribution and localization of gold mineralisation.
Minerals Exploration Executive Director, Brett Mitchell said: “These results show that
gold is distributed through a broader altered and veined package at Jubilee South than
a narrow high-grade lode model alone would imply. Local intervals above 1g/t Au,
together with long mineralized zones in TGW011 and TGW014, provide useful vectors for
the next targeting phase, including a proposed drilling program at the Sovereign gold
prospect.”
SECOND-STAGE JUBILEE SOUTH DRILLING
TGW011–TGW014 drillholes were drilled to test the southern continuation of the historic
Jubilee vein system towards the Sovereign prospect, near the production levels at the
historic Jubilee gold mine. The four holes totalled 633.5m and tested high-grade
mineralisation targets interpreted from historical data at shallower levels along the
southern part of the Jubilee system. Drilling intersected variably silicified, clay-altered
and pyritic andesite tuff, lava and breccia containing quartz veinlets, vein breccias and
fault breccias.
The broad mineralised intersections indicate that the Jubilee mineralising system
extends beyond a single narrow vein into a substantially wider altered and mineralised
envelope. The occurrence of discrete higher-grade intervals within this envelope
confirms that the system was capable of locally concentrating gold and suggests that
mineralising fluids were focused by favourable structures and permeability contrasts.
This highlights the potential for higher-grade shoots associated with structural
intersections, dilation zones and other zones of enhanced permeability. The results
expand the prospective footprint at Jubilee South, strengthen the geological model and
provide clear vectors for follow-up drilling towards the Sovereign prospect, immediately
south of Jubilee. Results are summarised in Table 1:
Table 1. Significant Au intercepts – Jubilee South drillholes
Hole / qualifier From (m) To (m) Interval (m) Au (g/t)
TGW011 122.0 202.3 80.3 0.30
incl. 159.0 175.0 16.0 0.52
incl. 170.0 171.0 1.0 1.21
TGW012 135.5 158.2 22.7 0.35
incl. 145.0 153.8 8.8 0.62
incl. 150.8 151.7 0.9 2.60
and 175.6 176.5 0.9 0.77
TGW013 70.8 74.6 3.8 1.10
incl. 70.8 71.8 1.0 2.79
and 75.8 76.7 0.9 1.27
and 96.0 113.0 17.0 0.30
incl. 109.7 113.0 3.3 0.47
and 123.6 138.4 14.8 0.40

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Hole / qualifier From (m) To (m) Interval (m) Au (g/t)
incl. 130.0 135.0 5.0 0.54
incl. 133.0 134.1 1.1 1.03
TGW014 47.5 100.0 52.5 0.25
incl. 55.0 63.5 8.5 0.52
incl. 62.0 63.5 1.5 0.71
Note: TGW013 contains a 1.2 m interval of zero core recovery from 74.6m to 75.8m. No grade has been assigned to
this interval, and no composite interval containing the zone of zero recovery has been reported.

Figure 1: Jubilee vein long section showing position of MEX drillholes, historic drillholes and
historic UG channel samples.
GEOLOGICAL OBSERVATIONS
TGW011 and TGW014 returned broad mineralized intervals dominated by low-grade gold
with discrete higher-grade zones. The higher grade mineralisation (e.g. 1m @ 1.21g/t Au)
coincides with the location of modelled position of Jubilee vein in TGW011, with the bulk
of the intersection in the footwall.

TGW012 intersected a higher-grade interval of 0.9m @ 2.60g/t Au, but recovery through
parts of its principal composite was poor and averaged approximately 62% recovery,
with local recovery around 25%. As with these other holes, gold mineralisation is
generally hosted in more permeable units adjacent to their contact with the less
permeable flow units. TGW013 intersected several mineralized zones including a zero-

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recovery void adjacent to its shallowest reported zone. The location of strongest grade
confirms the location of modelled Jubilee vein.

The assay distribution and logging support interpretation of a broad hydrothermal
alteration and veining envelope cut by local higher-grade structures.

JUBILEE SOUTH RESULTS AND NEXT EXPLORATION AT WAITEKAURI
The second-stage results add geological knowledge across the gap between the historic
Jubilee workings and the Sovereign prospect. The broad mineralized intervals in TGW011
and TGW014, together with higher-grade internal zones in TGW011–TGW013, will be
integrated with mapped volcanic contacts, faults, historic workings and geophysical
data in the Company’s evolving 3D model.
The exceptional historic underground channel grades were not replicated at the tested
positions. Follow-up targeting will therefore focus on resolving structural controls,
assessing the effect of fault zones and host lithologies. Further drilling will focus on
continuation of the mineralized trend towards Sovereign and is subject to interpretation,
permitting, access and normal exploration approvals.
The Sovereign Gold Prospect is host to mineralised breccias drilled between 1991 and
2003 by Coeur and Cyprus Gold NZ with a compilation suggesting an open shoot in the
southern central sector. Historical drilling at Sovereign delivered significant high-grade
assays which in some cases remain open in strike and dip with results including:
➢ ML2 15.0m @ 4.40g/t Au from 69m, incl, 5m @ 6.72g/t Au, no recovery due to
void from 67 to 69m
➢ ML6 4.0m @ 12.6g/t Au from 138m incl, 2m @ 22.8g/t Au from 138m
➢ ML12 8.0m @ 3.9g/t Au from 108m incl, 2m @ 7.2g/t Au from 112m
o 4.0m @ 5.8g/t Au from 124m incl, 2m @ 7.0g/t Au from 124m
➢ ML12 4.0m @ 3.5g/t Au from 154m
➢ ML12 4.0m @ 2.6g/t Au from 254m
1


A diamond drilling program at Sovereign is currently being finalised by the MEX
exploration team to close the gap between high grades at the southern end of Jubilee
and the northern end of the Sovereign Zone(s) which consists of at least four parallel
structures, some with high grade mineralisation. Subject to permitting, the initial
program is planned to comprise approximately 1,200m of drilling across six holes.
On the western structure, hole ML12 intersected two zones of gold mineralisation, the
first from ~106m is most promising with multiple intercepts of good width and promising
grade. These include 8m @ 3.9g/t Au from 108m, 4m @ 5.8g/t Au from 124m and 4.0m
@ 3.5g/t Au from 154m, and the second zone from ~242m including 4.0m @ 2.6g/t Au
from 254m. The shallower zone (95.8m @ 0.98g/t Au from 70.5m) appears to be the
down-dip extension of that intersected in hole ML29 (71.1m @ 0.27g/t Au from 3.1m).
Currently hole SOV-6 is planned to test the up-dip extension of hole ML12 (~30m) while
SOV-7 tests strike continuity to the north (~30m).

1
See MEX ASX announcement 20 July 2026 “Sovereign Historic Gold Zones Reveal Key Drill Targets”

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Figure 2: Sovereign 3 (MUA2) Underground sampling 1981. Sovereign 2 and 3 Underground
workings and sampling channels with NZTM coordinates to allow incorporation with
building MEX dataset and planned drilling from MR425 and later reports.

Figure 3: Sovereign Drilling target to be tested depicting sulphide rich zones from
drilling completed in 1992 from ML6. Gold Assays are depicted on the assayed intervals.

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Joe’s Track
Joe’s Track is located 450m south along strike of the Sovereign prospect, toward Rahu
prospect and Karangahake mine. An old adit at Joe’s Track was located by a previous
operator following-up anomalous soil samples and stream float. MEX’s reconnaissance
sampling of veined mullock returned up to 32.5g/t Au, and a quartz veined andesite
outcrop sample yielded an assay of 20.1g/t Au.

Figure 4: Jubilee drill hole location plan showing collars, traces and significant results of
the 15 holes and 2,625.8m drilled at Waitekauri to date; Scotia drill results and first stage
Jubilee drillholes were reported separately (see ASX releases dated 12 February 2026 and
23 June 2026).

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JUBILEE SOUTH DRILL SECTIONS

Figure 5: Cross-section through the Jubilee vein showing TGW013 & TGW014 intercepts,
positions of modelled Jubilee vein and old mine workings.

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Figure 6: Cross section showing TGW011, historic workings and reported mineralised
intervals. True widths of the reported intercepts are not known.

Figure 7: Cross section showing TGW012, historic workings and reported mineralised
intervals. True widths of the reported intercepts are not known.

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DRILLHOLE INFORMATION
Collar coordinates are reported in NZGD2000 / New Zealand Transverse Mercator
(NZTM2000); azimuths are relative to true north.
Table 2. Jubilee South drillhole collar information
Hole Easting (m) Northing (m) RL (m)
Azimuth
(°)
Dip (°) EOH (m)
TGW011 1,844,053.31 5,859,332.92 407.08 75 −45 202.3
TGW012 1,844,053.90 5,859,332.46 407.34 90 −45 181.2
TGW013 1,844,166.62 5,859,313.73 389.86 21 −60 150.0
TGW014 1,844,167.05 5,859,312.88 389.86 201 −80 100.0


Figure 8: Waitekauri Gold Project location and permit map

-ENDS-
This announcement has been authorised by the Board of Minerals Exploration Limited.

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For enquiries contact:
Brett Mitchell
Executive Director
+61 8 6319 1900
bmitchell@mineralsexploration.com.au
About Minerals Exploration Limited – NZ Gold Focused Explorer
Minerals Exploration Ltd (ASX/NZX: MEX) is implementing a brownfields exploration
strategy across its New Zealand gold assets. The portfolio includes projects in the
historic Hauraki and Otago Goldfields and covers areas of known historical production
and exploration activity. The Company is dual-listed on the ASX and NZX.
Competent Person Statement
The information in this Report that relates to Exploration Results is based on
information compiled by Mr Peter Zitnan, who is a Member of the Australian Institute
of Geoscientists (AIG) and Fellow of the Australasian Institute of Mining and Metallurgy
(AusIMM). Mr Zitnan has sufficient experience relevant to the style of mineralisation and
type of deposit under consideration, and to the activity being 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. Mr Peter Zitnan
is an employee of Otagold Limited, a wholly owned subsidiary of Minerals Exploration
Limited. Mr Zitnan consents to the inclusion in this Report of the matters based on his
information in the form and context in which they appear.
Prior exploration results
Contextual information relating to prior exploration results and the first-stage Jubilee
drilling program was previously reported by the Company, including in its ASX
announcement dated 23 June 2026. The Company confirms that it is not aware of any
new information or data that materially affects the information included in that
announcement and that the form and context in which the Competent Person’s findings
were presented have not been materially modified.
Forward-Looking Statements
This announcement may contain forward-looking statements regarding exploration
targeting, geological interpretation, permitting and future drilling. These statements
reflect expectations and beliefs as at the date of this announcement and are subject to
known and unknown risks, uncertainties and other factors that may cause actual
outcomes to differ materially. The Company does not undertake to update these
statements except as required by law. Exploration results are not a guarantee of, and
do not necessarily indicate, the existence of an economically recoverable Mineral
Resource.

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JORC Code, 2012 Edition – Table 1 Waitekauri Gold Project, New Zealand
Section 1 – Sampling Techniques and Data

Criteria JORC Code explanation Commentary
Sampling techniques Nature and quality of sampling (for example, cut
channels, random chips or specialised industry-
standard measurement tools). Include measures
taken to ensure sample representivity and aspects
of the determination of mineralisation that are
Material to the Public Report.
Diamond core was placed in labelled trays, aligned, measured and geologically logged. Nominal one-metre sample
intervals were adjusted to geological boundaries where appropriate. Core was sawn and half core submitted for
gold assay. The remaining half core is retained. Sampling was designed to test logged quartz-veined, altered and
sulphidic zones.
Five selective reconnaissance grab samples were collected on 14 July 2026 from quartz-veined mullock and
quartz-veined or silicified andesite outcrop beside an old adit. Grab samples are point samples selected to assess
mineralisation style and tenor and are not representative of continuous width or bulk mineralisation.
Drilling techniques Drill type and details, including diameter,
orientation and survey method.
Diamond drilling used PQ, HQ and NQ triple-tube equipment to maximise recovery. Core was oriented where
ground conditions and drilling allowed a reliable orientation mark. TGW011–TGW014 totalled 633.5m.
Drill sample recovery Method of recording and assessing recovery;
measures taken to maximise recovery and sample
representivity; and assessment of possible
recovery bias.
Recovery was measured for each drill run by comparing recovered core with drilled length. Triple-tube drilling was
used to improve recovery. Recovery was variable in broken and faulted ground. The TGW012 principal composite
averaged approximately 62% recovery and included local run recovery of about 25%. TGW013 contains a zero-
recovery interval from 74.6m to 75.8m; no grade was assigned and no composite crossing the interval is reported.
No definitive grade–recovery relationship has been established, but local bias cannot be excluded where recovery is
poor.
Logging Whether samples have been geologically and
geotechnically logged to an appropriate level of
detail; whether logging is qualitative or
quantitative; and the proportion logged.
All core was geologically and geotechnically logged by qualified geologists for lithology, oxidation, alteration,
mineralization, veining, recovery and structures. Oriented structural measurements were recorded where possible.
Wet and dry core photographs were taken. The full length of each hole was logged.
Each rock chip sample was recorded by sample ID, sample type, prospect, easting, northing, RL and geological
description, including host rock and quartz-vein characteristics.
Sub-sampling techniques
and sample preparation
Nature, quality and appropriateness of sample
preparation and sub-sampling; quality-control
procedures; sample representivity; and whether
sample sizes are appropriate to the grain size of
the material.
Core was sawn lengthwise and half core was bagged for submission. Sample intervals were generally about one
metre and adjusted to geological contacts. SGS preparation comprised drying, crushing, pulverising and splitting to
produce a representative pulp for analysis. Sample sizes are considered appropriate for the material and analytical
method, subject to the recovery limitations disclosed above. No quarter-core field duplicates were collected for
this program.
Each rock chip sample was placed in labelled bags and submitted to SGS Waihi. SGS preparation comprised drying,
crushing, pulverising and splitting. The selective grab method limits sample representivity.
Quality of assay data and
laboratory tests
Nature, quality and appropriateness of analytical
procedures; whether methods are partial or total;
and the nature of laboratory and field quality-
control procedures.
Gold assays were completed by SGS Waihi using method FAA303: lead-collection fire assay on a nominal 30g
charge with AAS finish and a reported range of 0.01–100ppm Au. This is considered appropriate for the expected
mineralization. Company blanks and certified reference materials were inserted and laboratory repeats were
completed. Available batch QA/QC was reviewed; blank and CRM performance was acceptable for reporting the
supplied results.
Verification of sampling
and assaying
Verification of significant results; use of twinned
holes; documentation of primary data; and any
adjustments to assay data.
Assay files were received electronically and matched to hole, sample and depth records. Significant intersections
were recalculated from original Au values using length weighting. Laboratory repeat values were reviewed but were
not substituted for original values. No twinned holes were drilled and no adjustments were made to assay data.
Data are held on Company computers and cloud storage.
Rock chip sample IDs, locations, descriptions and primary and repeat Au values were checked against the supplied
sample register. Original assays are reported; the repeat is disclosed separately and no adjustment was made. No
independent check assays are recorded.
Location of data points Accuracy and quality of surveys; grid system; and
adequacy of topographic control.
Collars were surveyed using differential GPS to approximately 0.1m accuracy and reported in NZGD2000 /
NZTM2000. Hole traces were surveyed with a Directa Hybrid north-seeking downhole gyro. Publicly available LINZ
LIDAR provides topographic control.
Rock chip sample locations were surveyed with a handheld Garmin GPS and are reported to the nearest metre in
NZGD2000 / NZTM2000.

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Criteria JORC Code explanation Commentary
Data spacing and
distribution
Data spacing for reporting; whether spacing is
sufficient to establish continuity; and whether
compositing was applied.
Core sampling was generally on nominal one-meter intervals, modified for geological boundaries. Current drilling is
exploratory and spacing is not sufficient to establish geological or grade continuity for a Mineral Resource.
Reported assay composites are length-weighted as described under Data aggregation methods.
Rock chip samples were collected selectively where veined mullock or mineralised outcrop was accessible. All five
individual results are disclosed; no compositing was applied. The spacing is insufficient to establish geological or
grade continuity.
Orientation of data in
relation to geological
structure
Whether sampling orientation achieves unbiased
sampling and whether structural relationships may
introduce bias.
The geometry and continuity of individual mineralized structures are not sufficiently constrained to determine true
widths. Drilling was designed to intersect the interpreted Jubilee South corridor, but multiple fault and veinlet
orientations are present. Any orientation bias has not been quantified; all reported intervals are downhole lengths.
Sample security Measures taken to ensure sample security. Samples were collected and bagged by Otagold/MEX personnel and delivered to the laboratory by Company
personnel. Sample numbers were checked against submission records and laboratory results.
Audits or reviews Results of any audits or reviews of sampling
techniques and data.
Internal checks of collar, interval and assay data were completed for this announcement. No independent external
audit of the drilling, sampling or data-management system has been completed for the reported program.
Section 2 – Reporting of Exploration Results
Criteria JORC Code explanation Commentary
Mineral tenement and
land tenure status
Type, reference name/number, location and
ownership; agreements or material issues; security
of tenure and impediments to operation.
The Waitekauri Gold Project is within Exploration Permit EP61021 (58.1km²), New Zealand. Minerals Exploration
Limited holds a 100% interest in Otagold Limited, the New Zealand permit holder. The permit covers rural, forestry
and some Department of Conservation-managed land. The Company reports that the permit is in good standing
and no known impediments to planned exploration have been identified, subject to statutory approvals, land
access and environmental requirements.
Exploration done by
other parties
Acknowledgment and appraisal of exploration by
other parties.
Gold was discovered at Jubilee in 19
th
century and historic underground mining to 1911 produced approximately
29koz Au+Ag bullion at an average reported grade of 48g/t bullion (Au+Ag). The district has been explored by
multiple parties, including Amoco Minerals, Cyprus Gold, Coeur Gold, Welcome/Waihi Gold, Heritage Gold, Glass
Earth, Laneway Resources and Newcrest. Historic data have been compiled by MEX but have not all been
independently verified to modern JORC standards.
Geology Deposit type, geological setting and style of
mineralisation.
Waitekauri lies in the Hauraki Goldfield within a north-northeast-trending structural corridor that includes
Karangahake, Golden Cross, Komata and Wharekirauponga. The permit is underlain principally by Waipupu
Formation andesite with overlying/interfingering dacitic units. Mineralization is low-sulphidation epithermal-style
quartz+/-carbonate+/-sulphide veins and stockworks hosted mainly by andesite..

Drill hole information Summary of information material to understanding
drill results, including collar, dip, azimuth, length
and intercept details.
Table 2 of this announcement provides collar eastings, northings, reduced levels, starting azimuths, dips and final
depths for TGW011–TGW014. Table 1 provides downhole interval and Au grade for each reported composite.
Coordinates are NZGD2000 / NZTM2000 and azimuths are relative to true north.
Rock chip samples: Collected 14 July 2026. Coordinates are NZGD2000 / NZTM2000; RLs are metres above sea level
and gold results are g/t Au.
TGR0251: mullock; E 1,843,258; N 5,858,342; RL 330 m; quartz-veined mullock; 32.5 g/t Au.
TGR0252: outcrop; E 1,843,260; N 5,858,352; RL 333 m; 40 cm silicified andesite, stockworked host with
chalcedonic vein; 20.1 g/t Au.
TGR0253: outcrop; E 1,843,261; N 5,858,352; RL 333 m; 35 cm silicified andesite, stockworked host with fine-
crystalline chalcedonic vein; 1.90 g/t Au.
TGR0254: mullock; E 1,843,257; N 5,858,341; RL 329 m; quartz-veined mullock; 1.35 g/t Au (laboratory repeat 1.33 g/t
Au).
TGR0255: mullock; E 1,843,262; N 5,858,343; RL 331 m; massive crystalline quartz-vein mullock; 0.07 g/t Au.
Data aggregation
methods
Weighting, truncation, cut-off grades, aggregation
of high and low grades and metal-equivalent
assumptions.
Composites were calculated as length-weighted averages of original Au assays. Main composite boundaries were
selected using logged mineralization/alteration and continuous assay coverage; all intervening assays were included
and each reported main composite has an average grade of at least 0.20g/t Au. Higher-grade internal intervals are
shown as ‘including’. No top cuts were applied. No metal-equivalent values are reported. A 1.2m zero-recovery
interval in TGW013 was not assigned grade and no composite crossing is reported.

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Relationship between
mineralisation widths
and intercept lengths
Relationship between reported lengths and true
widths; geometry and angle of intersection.
The geometry and continuity of the reported zones are not sufficiently constrained. All intervals are downhole
lengths and true widths are not known. The drilling intersected several vein, breccia and fault orientations, so a
single true-width factor cannot be applied.
Diagrams Appropriate maps, sections and tabulations for
material exploration results.
Figure 1 presents the supplied drill section with TGW011–TGW014, historic workings, lithologies and Au assay
symbols. Figure 2 shows the Waitekauri permit and prospect locations. Tables 1 and 2 report significant assays and
drillhole information.
Figure 4 shows the Joe’s Track rock chip sample location and the reported rock-chip values. Sample IDs and
coordinates are disclosed in the Drill hole information criterion above.
Balanced reporting Representative reporting of both low and high
grades where comprehensive reporting is not
practicable.
Results from all four holes are represented. Broad lower-grade composites and higher-grade internal intervals are
both reported.
Other substantive
exploration data
Other meaningful exploration data, including
geology, geophysics, geochemistry, metallurgical,
density, groundwater, geotechnical and deleterious
elements.
Geological logging indicates quartz veining and brecciation, silicification, clay alteration and pyrite in andesite tuff,
lava and breccia, with local fault breccia. Historic workings are shown on the supplied section. No metallurgical,
bulk-density or deleterious-element test work has been completed by MEX for the reported intervals. No Mineral
Resource is reported.
Further work Nature and scale of planned further work and
diagrams showing possible extensions.
The Company plans to integrate the results with mapped volcanic contacts, faults, historic workings and
geophysical data in an updated 3D model. Further work may include structural interpretation, geochemistry,
geophysics and additional drill targeting at Jubilee South and towards Sovereign, subject to technical review,
permitting, land access and approvals.