Ann: Successful Mining Tender Bid Timor-Leste, page-4

Commenting on the anticipated work program, Estrella Managing Director Chris Daws said:
“This is an extremely positive step forward for Timor-Leste and a massive opportunity for Estrella to create
further value for its shareholders through minerals exploration and development in the country.
Timor-Leste is a highly prospective country that has little to no modern exploration undertaken within its
borders. Estrella’s management have seen first-hand the mineral prospectivity during numerous trips to the
country and within the concession areas that we have now been granted the opportunity to explore.
The ability for Estrella to now set up a new exploration front for its shareholders in a welcoming country on
Australia’s doorstep - serviced daily with modern commercial jetliners 85 minutes from Darwin and in a safe
and secure social environment - as a “first-mover” is outstanding.
We look forward in working closely with our partners, Murak Rai Timor, E.P., Timor-Leste Government and
Lautém communities to build a new and vibrant minerals industry. We expect to be on the ground and talking
directly with our partners and the communities in the coming months as we develop exploration programs.
I look forward to updating shareholders of our progress and results as and when we are able.”