Ann: Brazil Exploration Update, page-200

Brazil Niobium + REE ProjectsCatalao and Salitre Niobium + REE ProjectsOzAurum has recently applied for 50,000ha of tenure adjacent to the Catalao and Salitre Carbonatecomplexes. Both of which host significant Niobium and Phosphate resources and are both currentlybeing mined for Niobium and Phosphate. Brazil dominates the world supply of Niobium and the CatalaoII carbonatite mining and processing operation by CMOC is a globally significant supplier offerroniobium.

OzAurum has interpreted a number of circular features within its tenure and we are excited about theopportunity that these projects offer to discover carbonatite or clay hosted Niobium and Rare EarthElements (REE).