ADN Kaolin / Halloysite Resource Summary and Peer Data

Peer Comparison Data for Declared Mineral Resources

I have prepared this table to summarise Andromeda Kaolin/Halloysite resource data at Poochera and provide comparisons for peers with declared mineral resources. Data is sourced from company announcements.



It's very important to note that the Halloysite resource at Poochera at grade 18.4% is well above the 10% threshold required for the ceramics industry.





Relevant ADN data:

Website:​

https://www.andromet.com.au/projects/poochera​

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Investor presentation:​

https://www.asx.com.au/asxpdf/20191009/pdf/449bcwl4mzfpck.pdf​

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Kaolin Resource Data:​

https://www.asx.com.au/asxpdf/20180822/pdf/43xjzpqldm1mgr.pdf​

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Halloysite-Kaolin Resource Data​

https://www.asx.com.au/asxpdf/20190212/pdf/442jy83wdx8lfs.pdf​

https://www.asx.com.au/asxpdf/20190517/pdf/4455d47jg54dj0.pdf​

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ADN's focus is on the portion of the Kaolin Resource, the "Bright White" Kaolinised Granite that contains Halloysite. This allows them to focus their strategy on a premium Halloysite-Kaolin feedstock that suits production of high-grade forms of Halloysite as well as feedstock for HPA.

Note the significant exploration targets at the Poochera Project that are in addition to the mineral resource at Carey's Well.

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Mt Hope Kaolin Halloysite Resource

https://www.asx.com.au/asxpdf/20181024/pdf/43zk374zk598z0.pdf



Camel Lake Halloysite Deposit

https://www.andromet.com.au/projects/camel-lake



Expansion of Tenements at Poochera and Camel Lake, Exploration Campaign Planning

https://www.asx.com.au/asxpdf/20190909/pdf/448brc6k809fvt.pdf

In addition to expanding tenements at Poochera and Camel Lake, the company has commenced planning for exploration campaigns at both projects.