During the quarter ended 30 September 2022, assay results were...

During the quarter ended 30 September 2022, assay results were received for the 2,498m
March 2022 RC drill program testing geophysical targets at Brumby Creek and Redrum
prospects which returned several significant intersections listed in the appended ASX
announcements2,3. Assay results for the 1,458m June 2022 RC drill program testing selected
geophysical targets at the Black Hill, Black Beauty, Brumby Creek and Horseshoe South
prospects are currently pending.

Additional Gradient Array Induced Polarisation (“GAIP”) surveys are planned to start in the
early part of the quarter ending 31 December 2022 (“Q4 2022”) to evaluate new manganese
targets defined by recent geological mapping. Follow up RC drilling is planned for the later part
of Q4 2022 once the additional GAIP and Heritage Clearance surveys have been completed.