Ann: Major Strategic Expansion of the Colossus REE Project, page-101

Hello. Please try to avoid inaccuracy &/or dishonesty. Thank you.

* The VMM results were from "samples were collected by hand from outcrops of saprolitic/soily clays. Samples were placed directly into plastic bags and sent to SGS GEOSOL" (ASX Release: 29 August 2023). Also, the VMM results were: "Recovered Neodymium grades on this sample exceeded the 200ppm detection limit for the assay method, meaning ctual recoveries are higher than the results presented".

* The ALV metallurgical results are best from 4 metres deep.



* The MEI results of 27 September 2023 shows a large difference between surface, clay & transitional.