Ann: Liontown East continues to deliver high grade zinc results, page-2

Highlights:

• Assay results further extend Liontown East, demonstrating excellent continuity of high-grade mineralisation.

• LTED09 intersected 15.58m @ 15.8% Zn Eq. from 419.02m down-hole incl. 10.28m @ 19.2% Zn Eq. from 419.02m down-hole

• Three additional holes intersected sulphides up dip and to the west:

• LTED11A intersected two zones of semi-massive sulphides with discreet massive narrow lenses between 434.24 and 438m and between 445 and 453.8m downhole (assays pending);

• LTED12 intersected 23m of massive and semi massive sulphide mineralisation from 517m down-hole and 21m of stringer mineralisation from 540m down-hole (assays pending);

• LTCD18002 intersected 15m of semi massive sulphide mineralisation from 216m down-hole and 5m of stringer mineralisation from 231m down-hole (assays pending);

• Liontown East remains open and Red River plans to aggressively continue to define further extensions.