250%!!!!!! ▪ Measured and Indicated Resources have increased...

250%!!!!!!

▪ Measured and Indicated Resources have increased from 2.9 to 7.3 Mt of LCE defined to a depth
of 600 meters over 143.8 square kilometres.

▪ The updated total resource estimate exceeds 10.6 Mt of LCE2.

▪ Previous testing confirmed highly favourable subsurface conditions for both lithium extraction and
injection in the central resource area where the M&I resources are located3
.
▪ Surrounding the Measured and Indicated Resources are Inferred Resources of 3.3 Mt LCE
defined over 130.9 km2
.
▪ K24D41 in the southern sector intersected some of the highest lithium concentrations drilled to date at the project, returning grades of 180-348 mg/L lithium over 445 m (166 – 610 m) with an
average of 267 mg/L.
▪ Deeper drilling at K23D40 in the northern sector intersected coarse-grained alluvial fan materials
and averaged 228 mg/L over 322 meters with a maximum of 254 mg/L. This hole is 3.5 km
northwest of K22R39.