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Ann: Mineral Resource Update at Sorby Hills, page-13

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    36Mt resource with a now 16.6mt Indicated category.

    Applying a 15-20% buffer which was used in the March PFS, that concludes 14 years LOM at 1mtpa.
    Increase throughput to 1.5mtpa and we sit around 9 years LOM.

    Tightly spaced/infill drilling will be the key to delivering mine life as we're doing it to the book. We could include a portion of our Inferred category in the PFS upcoming but our team are keeping it conservative. G1A used 20-30% of their Inferred resource for their PFS which I won't speak much on, as it can lead to a number of determinants if assumed incorrectly.

    This indicated category represents approx 45% of our total resource, being less than half in nature, with a completely open deposit and underexplored as it was founded in the 1970's with little to no modern systematic exploration applied.

    Historics show high-grade drill hits to the West, being hundreds of metres from the Omega deposit and the down-dip potential still hasn't been targeted as of yet. This current drill program consists of some extensional holes, exploration and infill which should highlight the deposits robust scale/size.
 
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