Ann: Cobalt added to Vanadium at **anintha, page-2

Highlights:
• Cobalt, Nickel and Copper in a sulphide concentrate
recovered from non-magnetic stream in bench-scale tests
on fresh high-grade massive magnetite at **anintha.
• Sulphide concentrates produced from flotation containing
3.8 to 6.3% of base metals including 1.54 to 2.02% Cobalt,
1.36 to 2.58% Nickel and 0.82 to 1.70% Copper.
• Sulphide recovery circuit to be evaluated as part of the
PFS processing flowsheet.
• Cobalt is a critical metal at long term high-prices due to
extreme battery demand with ethical supplies highly
sought after.
• Sale of a byproduct Cobalt, Nickel and Copper sulphide
concentrate has potential to increase revenue at
**anintha.
• Resource estimate on base metals currently being
conducted.
• New drilling and further test work to be undertaken to fully
evaluate this unique opportunity.