Ann: Multiple Wide, High-Grade and Shallow Lithium Intersections

Highlights
• Assays from the first 6 drillholes of a 38-hole RC program confirm the potential for
economic lithium at the Beecher Project. Results from an additional 32 holes are
pending assay results and are expected to be received in the coming weeks.
• Intersections include:
o 60m @ 1.21% Li₂O (true width) from 16m in BDH-23-001, including:
▪ 40m @ 1.40% Li₂O from 36m; and
▪ 22m @ 1.90% Li₂O from 46m
o 54m @ 1.30% Li₂O (true width) from 1m in BDH-23-009, including:
▪ 35m @ 1.58% Li₂O from 4m and
▪ 13m @ 2.10% Li₂O from 24m
o 40m @ 1.10% Li₂O (true width) from 48m in BDH-23-002, including:
▪ 11m @ 1.53% Li₂O from 48m and
▪ 10m @ 1.97% Li₂O from 78m
• All 6 holes returned significant near-surface lithium intersections from the Longview
pegmatite. Current drilling indicates all three mineralised pegmatites at the Beecher
Project remain open in all directions.
• Drill holes reported do not include the significant intersections of pegmatites released
on 2 August 2023 of 88m downhole width (Longview) or 107m downhole width (Black
Diamond).
• A further 32 holes remain at the assay laboratory. The Company will provide updates
through the next few weeks.
• The shallow, broad lithium intersections are significant noting the company holds
permitted Mining Licences across the Beecher Project