Ann: Quarterly Activities and Cashflow Report, page-72

June QR.
On the exploration projects we have continued to progress drilling preparation at our North Dam Project,
located in close proximity to the Mt Marion Lithium mine. We have recently completed the heritage clearance
of the drill lines with representatives of the Traditional Owners which now allows us to finalise arrangements
with a drilling contractor with a view to commencing drilling in August.
A rock chip sampling campaign and detailed pegmatite mapping was undertaken to identify the source
pegmatites that have likely shed the columbite and tantalite rock chips along a 97m narrow stream bed
which returned 43.93% Nb and 14.53% Ta from sample S254 (refer to ASX release dated 22 August 2023).
A recent rock chip sample ND11 of columbite was collected directly from an outcropping pegmatite located
nearby the Niobium soil anomaly yielded a Niobium content of 47.1% and Tantalum 9.01% (see ASX
announcement 18 June 2024).