Ann: Significant Thick & High Grade Clay hosted REE Results, page-69

DM1 has completed metalurgical test work see below. Good Luck with IXR.

Importantly, recent metallurgical test work by both Lithium borate fusion and weak acid (Aqua Regia) digest,
confirmed excellent recoveries and demonstrated the clay hosted rare earths are easily leachable. Recoveries
were particularly good (>80%) for the high-grade zones of high value REE’s (ASXM1 15 June 2022) and
confirm the economic significance of the thick high-grade intersections.

The aircore program has been planned with sufficiently close hole spacings to allow, if consistent grades and widths are intercepted, for the Company to work towards defining an inferred resource.




The 20,000m drilling program was also designed to follow up the previous Nickel Cobalt PGE hits from May's drilling at Innouendy before the company moves to Dingo Pass (RC drilling).



"Several holes, particularly at the Dome and Komatiite prospects, did intersect metamorphosed mafic intrusions with traces of copper and nickel bearing sulphides."