Ann: Neometals Discovers Spodumene-bearing Pegmatite at Spargos, page-2

Highlights
• Visual spodumene identified in pegmatite intercepts from historic diamond drill core at 100% owned
Spargos Project covering 55 square kilometres of the prolific Ida Fault;
• A review of reverse circulation and diamond drill core from historical nickel exploration supports the
potential for multiple stacked pegmatite intrusions. Re-sampling is in progress and assays expected in
Q4 2023;
• Spargos has a geological signature analogous to Mt Marion, Kathleen Valley and Mt Ida i.e., textbook
pegmatite emplacement associated with potassium-rich granite sources and Proterozoic dykes
intersecting a mafic/ultramafic greenstone belt; and
• Neometals ground truthing of historic mapping has identified pegmatitic textures felsic outcrop in multiple
locations over a 2km strike length.
Innovative battery materials recycler, Neometals Ltd (ASX: NMT & AIM: NMT) (“Neometals” or “the
Company”), is pleased to announce the discovery of visible spodumene at its 100% owned Spargos Project
(“Spargos”) located 50 kilometres southwest of Coolgardie in Western Australia.