Ann: Targets Defined for April 2023 Diamond Drilling -West Arunta, page-2

Targets defined for April 2023 diamond drilling - West Arunta

•  Three priority geophysical targets at Aileron have been modelled with diamond drilling to commence in April 2023. The initial program will include:

  • - Caird – ‘bullseye’ coincident magnetic and density anomaly 5km north-west of the Luni mineralised carbonatite discovery (ASX:WA1)

  • - Crean – regional scale magnetic anomaly with an offset gravity anomaly similar to the Prominent Hill IOCG deposit

  • - Worsley – the region’s standout magnetic and coincident gravity anomaly with anomalous Cu, Au, Mo, Nb and REE (up to 0.8%) in prior incomplete drillhole EAL0001

•  3,300 line km airborne Falcon gravity survey will be completed in May 2023 to extend detailed gravity over the entire project.

•  Diamond drilling commencing in April 2023, co-funded by the Exploration Incentive Scheme

stand out of the area and bull