Ann: Coarse spodumene intersected at Jaguar, page-22

Continuous mineralisation has now been confirmed below the existing artisanal workings, and Solis is sourcing a second rig.

A tender has been called for an additional 5,000m diamond core drilling programme with a larger capacity track mounted rig capable of higher production rates and higher availability. This is expected to improve the drilling rates which have been less than targeted.

Step out drillholes along the interpreted strike of the pegmatite are now planned to help understand the overall strike, dip and distribution of the mineralisation within the pegmatites. The drilling to date has intersected pegmatites which adhere to a classic idealised LCT bearing pegmatite model. The mineralisation grades from an Albite-Quartz-Muscovite rich border zone through to a K-Feldspar rich intermediate zone and then grading to a Tourmaline-Quartz- Spodumene rich core. The pegmatites are orientated in a north-east strike and are dipping at approximately 30 degrees to the south-east, parallel to the slope of the ridge line that is formed by the pegmatite.

Solis is currently installing core cutting facilities on site and intends to start processing the existing core within the next week. Solis will be aiming to complete a further 3 holes from the current programme and submitting the first batch of samples in late July with results expected late August. All samples will be assayed at SGS Laboratories in Minas Gerais province with current turnaround period of 3 weeks post submission of samples.