Ann: Battery Metals Forum, page-5

Adam was really positive about Yellowknife, he basically said we already know there is Lithium there because of previous work:

• 2.25km long pegmatite, has had 10 drills that found spod, remains open at depth and along strike
• Significant tonnes at surface
• Metallurgy already done and understood, mostly spodumene (with quartz and feldspars)
• low iron (globally and for the region)
• amenable to multi-stage DMS
• Yellowknife has all weather road, airport, is a mining town, has rail to send it to Canada
• Drilling hopefully in their Winter (this year)
• Have enough cash to do drilling and studies till calendar year 25

Cap raise for ASX re-compliance will be 21 mill shares at $0.30 and SH can apply for between $2000 and $5000. Will result in 84 million SOI, $25 mill MC, $6 mill cash and EV $19mill.

Trieste - 12 week programme will collect up to 1700 samples.

Touched on Scotty drilling.