Ann: Change in substantial holding, page-13

OK. Sorry. Maybe not 64% (I should have checked). But below mentions 63%

Two Outcropping Supergene Manganese
Discoveries in Lautém Exploration Licenses
HIGHLIGHTS
➔ New Ira Miri Prospect discovered during reconnaissance mapping (Figure 1)
➢ A 3-metre-high bed of outcropping supergene manganese discovered in reconnaissance mapping
➢ Portable XRF on crushed field samples graded 57.5% Mn and 63.4% Mn, some of the highest
grades seen to date.
➢ Ira Miri lies across the river valley to the east on a predicted duplication of the Noni Formation
approximately 4.4km SE of the Sica Prospect
➔ In-situ supergene manganese located in hills surrounding the Sica Prospect
➢ Estrella’s exploration model predicted the position of the secondary supergene correctly
➔ Samples will be collected for analysis in coming days and follow-up geophysics being planned for the
prospects and surrounding hills to locate additional in-situ supergene buried below scree material
➔ These discoveries were made on Exploration and Evaluation License MEL2023-CA-ZA001 in the
manganese-rich Lautém Municipality of Timor-Leste