Ann: Buxton acquire 100% of advanced Double Magic Nickel Project, page-3

BUXTON TO ACQUIRE 100% OF ADVANCED DOUBLE MAGIC NICKEL PROJECT Highlights  Located in the Kimberley in a mirror tectonic position & within similar age mafic-ultramafic rocks as the Savannah Mine of Panoramic Resources Ltd (ASX: PAN) (3.1Mt @ 1.5% Ni, 0.9% Cu & 0.08% Co)  Numerous strong EM conductors within a 2km2 central area  EM conductors shown to be due to nickeliferous sulphides (not graphite or barren iron sulphides)  Historic drilling results include 3m @ 1.3% Ni & 0.2% Cu with 1m @ 2.0% Ni & 0.2% Cu  Addition of Double Magic substantially enhances Buxton’s portfolio of highly prospective nickel exploration projects which include tenement packages in the Fraser Range (Zanthus and Widowmaker) and the Grass Patch Complex near Mount Ridley (Dempster)