Ann: Investor Presentation - Charging Ahead May 2022, page-42

We have enough cash for doing things:
• $5.3M working capital at the end of the March Quarter.

We wait and see

During the June 2022 Quarter, Castle is planning to:

BATTERY METALS

• Conduct RC drilling at the Kambale graphite project to better define mineralisation, identify zones of higher quality graphite and to identify sampling zones for Stage 2 test work;

• Complete a ground EM survey and commence RC drilling at the Kendenup graphite project to test for new and for extensions to existing graphite zones;

• Commence at Woodcutters a geochemical and rock chip sampling program to follow-up several areas of lithium and coincident indicator elements anomalism; and

• Undertake on the Wilgee Springs lithium licence an initial orientation soil sampling program and geophysical investigations:

GOLD and BASE METALS

• Undertake at the Earaheedy base metals project, Withnell licence, a close-spaced soil sampling program ahead of planned RC drilling;

• Conduct at Polelle an aircore program to fine tune several priority gold and base metal targets:

• Initiate at Success Dome a preliminary phase of geochemical and rock chip sampling to

investigate high-priority targets for gold and base metals;

• Implement at Beasley Creek a detailed geochemical soil sampling campaign over two high- priority gold ahead of planned RC drilling and the investigation of two lithium targets; and

CORPORATE

• Continue to assess opportunities to grow the Company’s interests and especially in the Battery Metals area.