Ann: Triton to Fast Track Studies of Nicanda Hill Vanadium, page-3

Commenting of the results, Triton Managing Director Peter Canterbury said:

“Whilst we were aware of the size of the vanadium deposit, these studies have highlighted significant zones of vanadium within the Nicanda Hill orebody and demonstrate that valuable synergies may be achieved by producing both graphite and vanadium. These recent developments will assist the commercialisation discussions underway on Nicanda Hill and the Company’s efforts to introduce a JV partner into what is a world scale vanadium and graphite deposit. It further emphasises the upside potential of Triton through its portfolio of quality projects.

I look forward to updating Shareholders in the near term on both the metallurgical testwork but also on farm-in discussions on Nicanda Hill.

We believe this will be complementary to our development of the Ancuabe Graphite Project in Mozambique and will provide significant regional synergies for the Company"