Ann: Kanuka Lithium - Drilling Contract Executed, page-2

28 March 2018 ASX Announcements Office 152–158 St Georges Terrace Perth WA 6000 Australia DRILLING CONTRACT SIGNED - KANUKA LITHIUM PRODUCTION PROJECT ▪ Drilling contract executed for maiden RC and diamond drilling program at Kanuka Lithium Production Project with Equity Drilling Limited. ▪ Maiden drilling program to comprise an initial 50-hole, 3,000m AC-RC program with a further 1,000m diamond drilling program planned. ▪ Experienced drilling company, Equity Drilling already established and operating in the Manono region, mobilising a dedicated drill rig and team to commence the program. ▪ Drilling follows up the high-grade rock chip lithium mineralisation results identified during the Company’s technical due diligence review completed in September 2017 ▪ The initial drilling program will target the pegmatites that have been exposed by current and historic tin-tantalum alluvial mining activities, to confirm the extent of lithium mineralization and to define the depth extensions and grade of lithium mineralisation. ▪ Completion of the initial AirCore-RC drilling program expected to occur in June 2018 Quarter with assays results to be then received. ▪ 1,000m HQ diamond drilling program is planned to target down dip extensions as well as testing the immediate on-strike extensions of the +3km long and +200m wide mineralised pegmatite already identified in the current main mining area at Kanuka. Force Commodities Ltd (Force or the Company) (ASX Code: 4CE) is pleased to confirm that it has entered into an agreement with Equity Drilling Limited to complete the first AirCore-RC and diamond drilling program at the Kanuka Lithium Production Project, located in in Tanganyika Province in the south east of the Democratic Republic of Congo (DRC). The signing of the drilling contract follows the execution yesterday of the formal Joint Venture Agreement and associated documentation in respect to the Kanuka Lithium Production Project, with Kanuka Mining Company SARL (KANUKA), an associated company of established DRC mining company Mining Mineral Resources SPRL (MMR). The drilling program will comprise an initial 50 holes for ~ 3,000m of AirCore-RC drilling designed to follow up on high grade rock chip lithium mineralisation results from work completed by the Company’s geological team during technical due diligence work undertaken in September 2017. 2 Figure 1. Force’s Head of Exploration James Sullivan and Equity Drilling’s COO Marc Olyott signing the drilling contract for the Kanuka Lithium Production Project The initial 50-hole AC/RC program will be focused in the current main mining pit of the tintantalum alluvial mining operations of MMR. MMR, is an established tin, tantalum and tungsten mining company that was incorporated in 2008 and which operates a series of exploration, mining and processing operations throughout the DRC. MMR acquired the mining and exploration licenses (granted Mining License PE13082 and Exploration License PR4100) that make up the Kanuka Lithium Project in 2012, since which time it has conducted conventional open pit mining operations, with the alluvial sand layers that host the cassiterite and columbite (minerals that are typically coincidental with lithium mineralisation) mined by truck and shovel methods. Figure 2 and 3: Current open pit tin-tantalum mining activities on PE13082 The current and historic mining in the license areas has exposed a number of pegmatites. The initial AC-RC drilling program will extend over one of the largest of these pegmatites identified in the current main mining area, which has been mapped in excess of 3kms long and greater than 200 metres in width and remains open along strike on a NE-SW trend. 3 The drilling will be completed by Equity Drilling Limited (Equity Drilling) and its DRC based subsidiary Equity Drilling DRC SARL. Equity Drilling is already operating in the Manono region, and has four diamond drill rigs completing drilling on AVZ Mineral’s (ASX: AVZ) Manono Lithium Project, whose licenses are immediately 4km north of the Kanuka Lithium Production Project. Equity Drilling will be mobilising a dedicated drill rig currently in Lubumbashi and team to commence the drilling program at the Kanuka Lithium Production Project immediately. The initial AirCore-RC drilling program is expected to be completed in May 2018, with assays results expected to be received by the end of the June 2018. Following completion of the initial AirCore-RC drill program, the Company will complete a 1,000m HQ diamond drilling program that is planned to target down dip extensions as well as testing the immediate on-strike extensions of the pegmatites identified in the Kanuka main pit. This will also assist in characterising any mineralised zones as well as structural information and further exploration targets. In addition to the planned drilling programs, the Company is pleased to confirm further that its local geologists are on site at the Kanuka Lithium Production Project completing ongoing detailed mapping and geochemistry sampling.