EXPENDITURE PLAN
Planned expenditure1 of ~$10M for the next 12 – 18 months
• OrangebasedExplorationTeamof5FTand2PTGeologists + Field Technicians
• >50%onDirectDrillcosts&c.90%onExplorationactivities
Near-term news-flow:
Canbelego Main Lode
• Deep drilling; visual results - Dec (ongoing) • Downhole geophysics (EM) - Dec (ongoing) • Assays–Jan-Feb’23(ongoing)• Drilling–ongoing(subjecttoresults)
• Mineral Resource estimate - March quarter (subject to results)
CZ Advanced Copper Project (March quarter)
• Preliminarymetallurgicaltestworkoutcomes• Updatedgeology,targetzonesandplanneddrilling
Regional (subject to access)
• Targetdrilltests;Caballero&Quanda–Marchquarter • VTEMReview&newsurveyplans–Dec-Jan• Prospectresults/generation–Jan’23onwards
(impacted by rain/flooding events)
Nickel-Cobalt
• Drill plans - Dec• IonickMetalsbusinessplan–Jan-Feb
EXPENDITURE PLANPlanned expenditure1 of ~$10M for the next 12 –...
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