Ann: Magnetic survey at Nullarbor Iron-Oxide Copper-Gold target, page-2

NMR’s Managing Director, Blake Cannavo, commented:

“This spectacular geophysical data collected using new drone capabilities on E69/3850 presents a major step forward for NMR in defining the first of three significant targets on the Nullarbor in southeastern Western Australia. We are very encouraged by these initial results as they help validate the presence of a significant IOCG-style target above an already identified Magnetotelluric anomaly within the tenement. All data received to date indicate that this is a high potential target. We are now advancing this project with the aim of drilling as soon as the geology team completes their drill target definition work.”