Ann: Quarterly Activities and Cashflow Report, page-9

Storm Copper Project, Canada

• Expansion and resource drilling has commenced at the high-grade 4100N Zone where historical drilling has intersected large volumes of high-grade copper including:

15m @ 3.88% Cu from 72.4m (ST99-47)

27.2m @ 1.9% Cu from 78.8m (ST00-62)

5.8m @ 3.6% Cu from 38.6m (ST99-53)

• Resource drilling at the 2750N and 2200N Zones will follow the 4100N program and is designed to support a maiden mineral resource estimate of previously identified near surface high-grade copper mineralisation

• Moving Loop Electromagnetics (MLEM) is underway to assist targeting for the resource definition drilling and identify new copper targets

• A ground gravity survey has commenced to follow-up the major 2022 discovery of stratabound sedimentary copper sulphides at depth

• Direct ship ore (DSO) process optimisation work on Storm copper mineralisation is continuing in Perth, WA

All very good .... commenced, underway, commenced, continuing

Great to see the AW1 team HO and on site, are all now focused on doing EXACTLY a what we expect of them ..

Should be a ton of announcements. Time now to look positively forward at what Storm. This has the potential to be BIG ... really BIG and they are now on the right track to showing the world exactly that!!!

Well done Dave (finally) ... look forward to BIG exciting results coming back and lighting the fuse on this junior copper rocket