Ann: Positive Assay Results Continue at Callisto Discovery, page-115

Here’s a modified GAL graphic showing the status of drilling and assaying at Callisto derived from the GAL announcements to date. PdEq.m data is shown as a measure of success.

The PdEq.m number is the palladium equivalent in g/t multiplied by the downhole mineralisation interval in metres. It is a useful measure as it captures quality (grade) and quantity (thickness).

For those holes where more than one layer of mineralisation was reported, the PdEq.m value is a calculated value weighted by layer thickness.

The assay results were reported at either or both 1.0% and 0.5% cut-off grade. The data shown is colour-coded to allow comparing apples with apples.

The Round 2 data shows that PdEq.m is higher at 0.5% COG than 1.0% (grade reduces but thickness increases more).

The data on grey background covers the 5 holes where Rh assays have been announced and is shown at 1% COG only.

The discovery hole remains the best result so far and more holes and results should give a clearer picture of directional trends (if any) within the consistent blanket type mineralisation within the host ultramafic.