Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-3

LRD $7.295M MC,
8Km from MIN and it's Mt Marion Lithium Mine,
MIN is the Largest Lithium Hydroxide producer on the ASX soon to be the third largest in the World.

LRD MC $7.295 M,
MIN MC $18.27 Billion

Three large and high priority lithium anomalies identified at Horse Rocks Lithium Project
with significant Lithium (Li), Caesium (Cs) and Rubidium (Rb) in surface geochemical samples.

* Infill low-impact auger sampling completed over priority LCT pegmatite targets with 358 samples
collected to aid with drill targeting.

* Rock sampling returned grades up to 2010ppm Li2O, 2850ppm Rb and 177ppm Cs.

* Reconnaissance mapping identified multiple pegmatite swarms in all areas of geochemical anomalism.

* A further 84 rock samples from the recently completed mapping program submitted for analysis – results pending.

* Strong cash position of $3.4 million