Ann: Assay Results confirm 74.4m at 1.18% Li2O at Mavis Lake, page-2

Assay Results confirm 74.4m at 1.18% Li2O, including 32.95m at 1.81% Li2O at Mavis LakeHighlights• Assay results from drill hole MF23-207 confirm outstanding thick intercept of high- grade lithium mineralisation at the Mavis Lake Main Zone• The significant intersection of spodumene mineralised pegmatite returned:- 74.4m at 1.18% Li2O, from 176.15m down-hole, including:- 32.95m at 1.81% Li2O from 215.6m down-hole• The intercept is interpreted to be associated with a new plunging trend, which the Company is excited to comprehensively drill test over the coming weeks• Permits for new drill pads have also been submitted to further test the extent of this significant mineralisation trend• The wide, high-grade intercept is located outside the current resource model and is expected to add significantly to our current Mineral Resource• Resource extension drilling continues at the Main Zone with further assays pending