Ann: West Arunta Project - High Grade Nb-Ta in Weathered Zone, page-2

Of particular interest is the substantial increase in tantalum and Rare Earth Elementanomalism within this weathered portion of the drillhole. This suggests potential for bothlateral and vertical zonation of mineralisation within the P2 carbonatite system such asthat which occurs at world-class carbonatite deposits, for instance Mt Weld.“In addition, the primary and transitional material hosts some very-high niobium grades,with the hole ending in the best grade we’ve seen at P2, so whilst it’s early days, thepossibilities for this discovery remain very much open.“Our current geophysical exploration activities are improving the resolution of our gravitydata, as well as collecting new passive seismic datasets at both P2 and Luni, which will befundamental to informing our 2023 drill program planning. We’re extremely excited aboutnext year’s field program and will share details once aspects are finalised.”

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