Ann: McDermitt Lithium Project - First Assay Results, page-20

Another proactive interview with LD.

He gives a good explanation of the plan moving forward.

• First step is to finalise the drill assays.
• Second step is to get part of the resource upgraded to ‘indicated’ status, which is a prerequisite for releasing the scoping study. The increased inferred resource size will also improve the economics of the scoping study.
• Third step is the metallurgy testing, which will also improve the Opex costs feeding into the scoping study.
• Fourth step is releasing the scoping study, which should be done in March/April.

Expecting some good newsflow over the next couple of months. With some significant rerate, particularly on the back of resource upgrades and scoping study.

GLTA.