Ann: Innouendy Drilling Update, page-2

Intersections of magmatic massive sulphides confirmed!!

• Two holes completed – First of two conductors tested at Innouendy confirmed as magmatic sulphides in mafic intrusive rocks.

• IRRD006 intersected ~22m of disseminated to networked pyrrhotite with minor disseminated chalcopyrite.

• IRRD007 intersected a ~5m zone (198-203m) of disseminated, networked and narrow zones of massive pyrrhotite with traces of chalcopyrite. Network textured chalcopyrite and pentlandite were also identified at 228.5m over 15cm (visual logging + handheld XRF analysis).

• Sulphide intersections are validation for the intrusive Ni-Cu-PGE exploration model in this terrane. Desert Metals believes these to be the first ever intersections of magmatic massive sulphides anywhere in the Narryer camp.

"In its initial drilling campaign, the Company has targeted six conductive plates at two prospects 20km apart (two at Innouendy and four at Irrida Hill, see ASX release 12th April 2021). The Company had previously suggested that these conductors could be caused by massive sulphides associated with intrusive Ni-Cu-PGE deposits. Visual results from drill core confirm that the eastern plate at Innouendy is caused by disseminated to massive sulphides and not magnetite as hypothesised by previous explorers. It is believed to be the first significant intersection of intrusive magmatic massive sulphide anywhere in the Narryer, confirms the applicability of the exploration model, and upgrades the prospectivity of Desert’s entire license package over the North-western Craton margin (> 1600 sqkm)."

Nice work Desert Minerals, more to come and could get very exciting. gla