Ann: Half Year Financial Report, page-2

At the Hamilton Copper-Gold Project, a review of the Company’s drilling database was initiated to identify possible “near-miss”
situations that justify further testing and could interest other parties. This review is expected to be completed in Q1 2024.

At the Morrisey Magnetite and Nickel-Copper-PGE Project, In the current program at least eight drill-holes will be completed at Waterfall focusing on the area south-west of drill-hole
22MYRC001, where magnetite is expected to occur at shallower depths and have greater thickness. Access preparation is
expected to commence in March with drilling scheduled to start in early April.

New exploration opportunities continued to be identified and advanced for consideration under the SAA. Clearances for a
proposed gravity survey over the Coober Pedy IOCG Project in South Australia are being sought to enable the survey to
commence in H1 2024.

Peru – Copper-Gold
A number of parties have expressed interest in funding further exploration at the Company’s Peru copper projects.
Discussions with potential joint venture partners were initiated.

A review of drilling results from the Parcoy Project was prepared and provided to third parties who have expressed interest in
pursuing this opportunity. The Company believes there are copper targets at Parcoy that were not tested by the initial wide
spaced drilling programs