Ann: Initial mineral characterisation results positive for Manono, page-30

INITIAL MINERAL CHARACTERISATION RESULTS POSITIVE FOR
THE MANONO LITHIUM PROJECT Highlights
• Initial “mineral characterisation” investigations of the Roche Dure Pegmatite completed, providing important information for Resource Estimation and Pre-feasibility Studies.
• Initial results support the potential for high value ore. The mean concentration of Li2O is high and accompanied by a significant presence of tin confirms the potential for lower cost production.
• The distribution of lithium grades follows a Normal Distribution, confirming that the Roche Dure Pegmatite is essentially homogenous.
• The high degree of homogeneity may permit a wider spacing of drill-holes to define a Mineral Resource and thus potentially reduce the lead-time from drilling to Resource Estimation.
• Spodumene confirmed as the lithium mineral species present within the pegmatite.