Ann: Drilling continues to unlock growth potential at Sconi, page-5

Extensional drilling at Sconi Project continues to unlock growth potential for nickel and cobalt resources


HIGHLIGHTS:

• Further positive results returned from Resource extension drilling at Sconi Cobalt-Nickel-Scandium Project

• Cobalt and nickel intersections included:
o 15 metres at 0.14% cobalt from 11 metres
o 9 metres at 0.30% cobalt from 9 metres
o 11 metres at 0.16% cobalt from 8 metres
o 10 metres at 1.80% nickel from 29 metres
o 20 metres at 1.13% nickel from 36 metres
o 14 metres at 1.03% nickel from 21 metres

• Additional 5,000 metres drilling at Greenvale deposit1 completed, following receipt of highly-encouraging assays from recent drilling2 o testing newly-identified mineralised zones, and o further extending the Sconi’s cobalt-nickel mineralisation footprint

• Cobalt-focussed drilling at Lucknow Deposit recently completed o Assays for the remainder due to be received in the current quarter