Ann: WIDE LITHIUM INTERCEPTS FROM DIAMOND DRILLING AT LEIA, page-47

WC8 and AZS both released announcements this week within a day of each other. I think the WC8 compares well to the AZS one.

Market cap comparison:

WC8 Market cap - $0.695 x 1,194,902,960 SOI = $830million (with a 100% ownership of Tabba Tabba, and mining licenses in place I believe)

AZS Market cap - $3.74 x 458,679,575 SOI = $1.715billion (with a 60% ownership of Andover, and only exploration licenses in place)

Drilling results comparison:

WC8 – close of $0.695cas of 22/12/2023 – from the 21/12/2023 announcement

Assays returned from first diamond drillholes at Leia include:

·135.0m@ 0.9% Li2O from 179.0m

Including: 99.0m @ 1.2% Li2O from 207.0m(TARC234D) (est. true width)

·123.4m@ 0.9% Li2O from 350.7m

Including: 69.9m @ 1.2% Li2O from 399.0m(TARC245D) (est. true width)

·111.4mat 0.9% Li2O from 246.6m

Including: 60.3m at 1.4% Li2O from297.8m (TARC161AD) (est. true width)

·94.0m@ 1.0 % Li2O from 206.0m

Including: 64.4m @ 1.3% Li2O from 225.0m(TARC154AD) (est. true width)

·Within94.8m at 0.9% Li2O from 361.9m

Including:44.7m at 1.3% Li2O from 406.3m (TARC2644D) (est. true width)

The report also summarises some of the other best intercepts from Leia announced to date include:

·45mat 1.1% Li2O from 24m (TARC150) (est. true width)

·180m @ 1.1% Li2O from 206m (TARC148)(est. true. width)

·39mat 1.4% Li2O from 271m (TARC147) (est. true width)

·73mat 1.1% Li2O from 266m (TARC246) (est. true. width)

·▪including 10m at 2% Li2O from 328m

·70mat 1.0% Li2O from 183m (TARC145) (est. true width)

·▪including 47m at 1.5% Li2O from 183m

·85mat 1.3% Li2O from 167m (TARC144) (est. true width)

·▪Including 10m at 2.5% Li2O from 175m

·40mat 1.2% Li2O from 135m (TARC137) (est. true width)

·52mat 1.3% Li2O from 117m (TARC131) (est. true width)

·85m at 1.5% Li2O from 133m (TARC128)(est. true width)

·▪Including 9m at 3.0% Li2O from 199m

·35mat 1.0% Li2O from 127m (TARC123) (est. true width)

·38mat 1.1% Li2O from 132m (TARC118) (est. true width)

·35m@ 1.5% Li2O from 200m (TARC024) (est. true width

AZS – close @ $3.740 as of 22/12/2023 – from the 22/12/2023 announcement

•165.2m@ 1.33% Li2O from 306.6m in ANDD0295 (~141.8m True Width) including

·46.7m@ 2.08% Li2O from 345.0m (~40.1m True Width)

•135.2m@ 1.12% Li2O from 288.9m in ANDD0276 (~117.0m True Width)

•98.8m@ 1.02% Li2O from 303.5m in ANDD0318 (~89.6m True Width)

•97.6m@ 1.19% Li2O from 459.4m in ANDD0305 (~86.3m True Width) including

·48.7m@ 1.42% Li2O from 508.3m (~43.0m True Width)

•80.2m@ 1.37% Li2O from 242.3m in ANRD0135 (~74.1m True Width)

•69.2m@ 1.16% Li2O from 277.4m in ANDD0266 (~68.3m True Width)

•54.8m@ 1.42% Li2O from 386.7m in ANDD0204 (ext) (~54.7m True Width)

The full table of results so far foreach in the full announcements - I think WC8 compares well.WC8 also have mining licenses in place and a tight, no-nonsense, experienced board, which adds value for shareholders.

There are a more results that look to be released soon, including for The Hutt.

Any thoughts on what the Hutt results will yield?