page 6
•Extensive graphite and vanadium mineralisationlocated in NicandaHill and Cobra Plains Prospects
•NicandaHill mineralisationfoot print extended to 6.2kms
•Drilling to date has demonstrated the continuity and consistency of graphite mineralisation over a strike length of 4.8km between drill sections S10 and N14
•The horizontal width of the graphite mineralization at surface is expanded to 1,100mand still remains open to the northwest
•High grade large flake graphite intersected (up 28.6%TGC) in Diamond Drilling.
•Diamond drilling confirms mineralization from surface to over 400vertical metres, open at depth
•Additional drilling results have delineated newly identified hanging wall higher grade zones
•Drilling is now focused on testing the continuity of the multitude of interpreted high grade zone
•Metallurgical and Petrographic test work continues
•Scoping Study extended to include NicandaHill
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