Work should start on the accelerated drilling of targets at...

Work should start on the accelerated drilling of targets at Quicksilver this week according to there works programme so would expect an announcement in next couple of days.

Works Programme
The successful Placement has triggered the execution of accelerated drilling of targets at the
Quicksilver and Yuinmery projects.
A Summary of the project milestones with the accelerated drill programmes are shown in
Table 1.
Table 1. Project Milestones for Quicksilver and Yuinmery
Testwork Milestone Comment
Phase 1
Priority 2 Assays – Ancillary End of Jul 23 Incorporates additional assays
Scrubbing and Screening End of Jul 23
Magnetic Separation and Cyclone End of Aug 23
Flowsheet Review Early Sep 23
Commence Scoping Study 1 (SS) Early Sep 23
Additional Ni Recovery from - 1mm fraction End of Oct 23 Post SS commencement
Phase 2
Assays of REE pulps and Concentrate End of Aug 23
Assays of Scandium in Concentrate End of Aug 23
Downstream concentrate treatment Early Nov 23
Accelerated Drilling of Targets - Quicksilver
Commencement of Drilling Mid Jul 23
Completion of Drilling Mid Aug 23
Assays from Drilling Mid Oct 23
Accelerated Drilling of Targets - Yuinmery
Commencement of Drilling Mid Aug 23
Completion of Drilling Mid Sep 23
Assays from Drilling Mid Nov 23
1
Scoping Study dependant on positive metallurgical results