Lithium Related Media Articles, page-21536

Mining
Total material movement (TMM) for the half year was approximately 2.8 million bulk cubic metres (BCM), supporting
stockpiling of ore for production, waste material for the ROM pad and Tailings Storage Facility (TSF) construction. TMM of 5.2 million BCM was achieved for 2023 calendar year, a significant milestone following commencement of open pit mining in
January 2023.

Clean ore (low impurity) mill stockpiles on the ROM reached 69 kilotonnes (kt) on 31 December 2023, in addition to 207kt of
material identified for ore sorting product (OSP) (which is material containing higher percentages of host rock **bro). This
OSP material will be processed through the ore sorting equipment being installed on site during Q1 2024 to supplement cleanore ROM material for commissioning and plant ramp-up activities.
A major milestone was achieved with the commencement of underground mining in November 2023.

Six access portals were completed and 352 total development metres were reached by 31 December 2023. Equipment and personnel required for this phase of development mobilised to site as planned and further resources are on track to arrive on site per the mine plan. Metres advanced and ground conditions experienced are in line with expectations.
Open pit mining concluded at Mt Mann allowing early set-up works for the underground decline to commence. Mining
operations at Kathleen’s Corner proceeded steadily, achieving anticipated significant milestones on schedule.
The underground grade control program at Mt Mann continued throughout the half year, totalling 832 metres of reverse
circulation drilling and 4,921 metres of diamond core drilled and grouted.