Ann: Suvo increases White Cloud kaolin resource by 84% to 72.5Mt, page-3

SUV changing gears . Close to doubling of resources at White Cloud . Further updates to come regarding off take agreements , partnerships and project milestones for White Cloud project . SUV plays no games .

Suvo increases White Cloud kaolin resource by 84% to 72.5Mt of bright white kaolinised granite
 An updated Mineral Resource estimate at Suvo’s White Cloud kaolin project has been completed and reported in accordance with the 2012 JORC Code and guidelines
 Total Mineral Resource of 72.5Mt bright white kaolinised granite is an increase of 84% compared to the previousestimate (January 2021 – 39.5Mt)
 Mineral Resource Indicated 26.9Mt, 45.6Mt Inferred, potentially supporting a multi-generational operation
 The insitu 72.5Mt of bright white kaolinised granite yields 29.9Mt of <45µm kaolin product  Offtake announced 8 March with CMM Toye Industrial Mineral Consultants (“CMM”) for A$850 per tonne confirms market interest in the White Cloud product.
 Offtake discussions continue with potential local and international parties
 Updated Mineral Resources will be used in Suvo’s current
Scoping Study being undertaken by Primero Group