Ann: EXCEPTIONAL WIDTHS AND GRADES FROM MAIDEN DRILLING PROGRAM, page-3

Big day coming

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➢ DRILLING CONFIRMS BROAD WIDTHS AND HIGH V2O5 GRADES ALONG THE +4.0KM STRIKE OF THE TARGET ZONE. ➢ WIDE ZONES OF HIGH GRADE VANADIUM MINERALISATION RETURNED FROM THE THICKENING OF THE MASSIVE MAGNETITE BASAL UNIT IN THE NORTHERN ZONE, INCLUDING; O 36M AT 0.95% V2O5 FROM SURFACE IN GBRC034 O 21M AT 1.03% V2O5 FROM 37M IN GBRC023 ➢ SHALLOW WIDE ZONES OF HIGH GRADE MINERALISATION IN NORTHERN ZONE REPRESENTS A PRIORITY TARGET FOR FOLLOW UP AND INFILL DRILLING. ➢ SOUTHERN ZONE OF HIGH GRADE VANADIUM MINERALISATION EXTENDED TO +2.0KM STRIKE LENGTH, INCLUDING; O 12M AT 1.33% V2O5 FROM 68M IN GBRC016 O 17M AT 1.22% V2O5 FROM 19M IN GBRC013 ➢ MAIDEN INDEPENDENT INFERRED RESOURCE ESTIMATE EXPECTED IN 4 TO 6 WEEKS.