Ann: Commencement of Target & Resource Drilling -Ngami Cu Project, page-8

AIRBORNE GRAVITY GRADIENT RESULTS (AGG) undertaken collaboratively with Sandfire
Resources Ltd (ASX: SFR, Sandfire Resources)

A large dense unit in the underlying Ngwako Pan Formation in proximity to the Comet and
Interstellar Targets has been modelled, potentially providing a control for the upgraded
copper-silver mineralisation in the eastern portion of the NCP (estimated at between 103 and
166Mt @ 0.38 to 0.46% Cu along with approximately 32 Moz Ag1 and significant untested blue
sky). Heterogeneities in the Ngwako Pan or underlying basement can act to focus fluid flow
during basin inversion resulting in a concentration of copper mineralisation (e.g. Zone 5 and
Zone 5N deposits straddle a circular feature in the underlying Ngwako Pan formation). The
dense unit in proximity to Comet and Interstellar may provide a useful means for vectoring into
further high-grade zones along the redox contact