Ann: Quarterly Activities Report and Appendix 5B, page-2

HIGHLIGHTS

• Four lithium projects in prime locations in northwestern Argentina, with large lease holdings totaling~180,000 hectares.

• Resource drilling advanced at the Kachi Lithium BrineProject with 14 holes for 3100 metres to depths of 400metres, reinforcing size and consistency of clean brinesover an area of 22 x 8 kilometres;

• Kachi brines extend from surface to 400-800m depth atin permeable sands.

•Consistent results of 326 mg/L lithium, with highestgrades from the most recent drill hole, with lowimpurities and a low Mg/Li ratio of 3.7;

• Partnership with Lilac Solutions to assess Lilac’s directlithium extraction process for the Kachi lithium brinewith the goal of establishing a rapid, robust, low-costprocess for producing lithium.

• Lilac process demonstrated high recoveries of 80-90%lithium directly from Kachi brines, producing a brineconcentrate of over 3,000 mg/L lithium;

• The Olaroz-Cauchari leases adjoin lithium brineproduction of Orocobre and development projectswith world class lithium resources in the same basin asOrocobre and Ganfeng/(SQM)/Lithium Americas.

• Drilling underway at Cauchari to test geophysicsconfirmedextensions of adjoining world-class brineresources;

• Option exercised over ~70,000 hectare pegmatite lithiumproject in Catamarca, a large area with small-scaleproduction in the past, but limited modern exploration.