Ann: Maiden Garnet Drilling Program Completed, page-22

This is all we really need to read from the report to make a decision to invest substantially in HVY imo

Executive Director & CEO, Mr. Nic Matich said:

“Since listing on the ASX we have seen significant interest from institutional and sophisticated investors. Having
Metal Tiger increase their holding from their initial investment in the IPO, is a strong endorsement of our projects
and our positive progress to date.

Being on track and on budget for our Maiden JORC Mineral Resource in Q1 2022 sets up HVY for a transformative
2022 which has the potential to progress HVY along the path from being an explorer to a potential developer.”

Upcoming News:

 February 2022: Assay and Assemblage results (Port Gregory)
 March 2022: Metallurgy results (Inhambane)
 March 2022: Maiden JORC Mineral Resource (Port Gregory)
 Q2 2022: Scoping Study Commencement (Port Gregory)