Significant Exploration Potential Confirmed at Cummins Range with 9km of Strike Length Identified

HIGHLIGHTS

Detailed study identifies at least 9km of strike length potential

Existing Inferred Resource of 13Mt @ 1.13% TREO covers only circa 1km of strike length

3 new highly prospective areas identified for potential new discoveries

• Northeast Channel Prospect – 1.8km geophysical area

• Southwest Boundary Prospect – 1.8km geophysical area

• Southwest Hook Prospect – 0.9km geophysical area

Existing Resource open in multiple directions

• Central Channel Deposit – open at least 350m to the east along strike and at depth

• Northern Channel Deposit – open to the west and at least 1.2km to the east along strike and at depth

Passive seismic survey to commence this month ahead of expanded diamond and RC drilling program

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