Ann: West Arunta Project - Luni High-Grade Horizon Extends, page-2

Highlights

▪ High-grade niobium continuity now demonstrated between previously releasedbroad 400m spaced drill holes, including:20m at 2.1% Nb2O510m at 4.0% Nb2O5within an overall interval from 86m of37m at 2.3% Nb2O59m at 5.2% Nb2O5within an overall interval of15m at 3.3% Nb2O5

▪ New high-grade intersections from ongoing 200m step-out drilling in the east:20m at 2.3% Nb2O57m at 2.7% Nb2O5
▪ The results define a shallow, high-grade blanket of mineralisation within anortheast-southwest trending zone that currently extends for approximately1.5km and remains open
▪ These world-class intersections of a supply constrained critical mineral providefurther validation of the significance of the Luni niobium discovery▪ 15,000m of drilling now complete at Luni with the 200m grid drill-out nearingcompletion and 100m infill program expanded


WA1’s Managing Director, Paul Savich, commented:“Today’s announcement nearly doubles the number of drill holes released to date at Luni andall holes reported continue to be from wide-spaced 200m grid drilling. With such broad drillspacing, each hole individually constitutes significant growth in the high-grade niobiummineralised envelope at Luni."