Ann: Plus 99% TGC Flake Graphite Confirmed Across 3 Key Deposits-VRC.AX, page-2

+99% TGC FLAKE GRAPHITE CONFIRMED ACROSS ALL THREE KEY NAMANGALE DEPOSITS

HIGHLIGHTS
* Latest test-work confirms all three key deposits can achieve exceptional purity above 99% total graphitic carbon (“TGC”)
* New results achieved Namangale 1 TGC 99.2%, Namangale 2 TGC 99.6% and Namangale 3 TGC 99.5%
* Industry leading flake distribution confirmed up to 81.3% in the +500 microns Super Jumbo, +300 microns Jumbo and +180 microns Large flake categories
* All results achieved from at surface test pits via a simple flotation process without the use of industrial chemicals
* Volt is confident Namangale can deliver exceptional product to the stringent demands imposed by top-tier lithium-ion battery manufacturers
* Confirms Volt is in an excellent position to command highest basket price from tier one customers in the battery sector
* Bulk samples from test pits are now being processed to provide concentrates to current and prospective off-take partners