Ann: Drilling Identifies Potential Emmie Bluff Extension, page-2

Sold down on what is positive news...............COD never changes
• This work highlights future opportunities to expand the current Resource, which contains existing JORC Compliant
Resources of over 1 million tonnes of contained copper equivalent (726kt Cu, 33kt Co, 28MOz Silver)1.
• Current cash balance of $5 million as at date of this announcement provides a strong runway for ongoing expansion
and evaluation work.
• The Company is currently investigating two new processes for copper-cobalt-silver processing that have the potential
to replace existing planned Albion hydrometallurgical circuit, thereby materially reducing project CAPEX.