Ann: Exploration Update, page-2

Mt Mansbridge Project
952 soil samples were recently collected from the three priority Rare Earth Element prospects: Killi-Killi, Vader and Kylo. The
three priority prospects have previously been discussed in detail (RMX ASX Announcement - Rare Earth Anomalies Identified
Within Geochemical Database – 29/3/21). Samples were analyzed during collection utilizing a REE calibrated portable XRF with
areas of interest immediately infilled by the team. RMX’s consulting geochemist has identified a subset of samples for further
laboratory analysis, and these samples have been immediately submitted to the laboratory with results expected towards the end
of July/early August.

Maitland Project
Diamond drilling at Maitland South is progressing well with the current depth of hole at 230m. It is expected that
drilling will intersect the target within the coming days at approximately 320m.
The purpose of the drill hole isto test an IP chargeability anomaly that coincides with the interpreted down dip position
of the mineralized Maitland Shear Zone (Fig 2). The geophysical survey and targets were previously announced (ASX –
Follow up drilling to test IP anomalies at Mt Maitland – 12/4/21). The Maitland South prospect is a +500m long shear
zone characterized by numerous historical workings with shallow RC drilling returning significant intercepts: MMC001
– 7m @ 3.3g/t Au from 34m and MUDC008 13m @ 2.53g/t from 9m (previously announced 13/1/21). Drilling is
expected to be completed within the week with observations released upon completion.