Ann: Hammerhead Results and Potential New Product Application, page-2

Summary
▪ Analyses of samples collected from aircore drilling undertaken at the
Hammerhead Prospect has defined an extensive area of Bright White
kaolin (>75 ISO Brightness) with a minimum thickness of 10 metres
extending over an area of 2.4 kms by 0.5 kms.
▪ XRD test results received to date have confirmed zones of high-grade
(+20%) halloysite-kaolin within the Bright White domain.
▪ A Mineral Eesource Estimate will be prepared for the Hammerhead
Prospect on receipt of final XRD analyses.
▪ Samples from the high grade halloysite zone at Hammerhead are giving
excellent results in concrete application testing.
▪ A bulk sample (two tonnes) has been collected from Hammerhead for
future test work.
▪ Samples of product from the Great White Deposit are also showing
excellent test results for mine backfill applications.