300% by Oct, page-8

It's a beautiful sight.

Highlights:

- First oxide ore deliveries from Austral's Anthill Mine to Mt Kelly plant commenced on Tuesday 22 March 2022

- Austral is on schedule to commence Anthill ore processing in April 2022, achieve significant copper cathode production increases from May 2022 and benefit from the current high copper price

- Ore delivery schedule expects 5,000t in March, 55,000t in April and 155,000t in May 2022. Cathode production will triple by May 2022, 10x by September

- The Crushing circuit processed its first rock on 24 March 2022


- Anthill copper cathode production to begin in May 2022 with projected production of:
o 380t in May 2022
o 760t in June 2022
o >1,000t per month from July 2022