Ann: Quarterly Activities and Cashflow Report, page-2

Great stuff, 3 drill programs planned for our WA projects this quarter.


DESTINY – Priority niobium-REE target
Drilling at the Destiny Project is planned for Q4 2024 to test carbonatite targets.
The drilling will target C1, a 2.1 km circular feature defined by low amplitude magnetics and gravity high core, interpreted to be a carbonatite or mafic intrusion. Drilling will also test C3, another late-stage circular feature with the same characteristics, circa. 8 km west of C1.
The drilling program will also follow-up anomalous zones of gold identified from a reconnaissance AC drilling carried out in September 2023 south of C1. This area contains a deeper and largely untested weathering profile with presence of sulphides and mineral alteration such as sericite and biotite – potentially favourable indicators of gold mineralisation.

MT ALEXANDER PROJECT – Drilling of gold and lithium targets
A drill programme is planned for Mt Alexander in Q4 2024 to follow-up lithium and gold targets identified from surface sampling.


LITHIUM STAR– Myuna Rocks drilling
The land package for the Myuna Rocks Project commences 5km north of the Mt Cattlin Lithium Minet tenure and extends for more than 50km to the north-west along a regional greenstone corridor.
An aero-magnetic survey completed by St George earlier this year provided valuable data on potential targets in the landholding. The survey comprised 6,200 line kilometres with spacing of 100m. This was the first modern, high-resolution magnetic survey carried out over this underexplored project area.
The interpretation of the survey data confirmed a number of geological and structural features that are strongly supportive of the prospectivity of the area for potential mineral deposits.
A drill programme is planned for Q4 2024 to test a number of the targets identified by the geophysical
survey.