UPDATE ON NGM’S EXPLORATION ACTIVITIES - NIGERSUMMARY***...

UPDATE ON NGM’S EXPLORATION ACTIVITIES - NIGER
SUMMARY

*** Acquired Fugro airborne radiometrics over the permits
*** Geology team has completed field traverses across the airborne
uranium anomalies on all the Company’s three concessions
*** High grade uranium mineralisation (>900ppm U3O8) was located on all concessions
*** Uranium mineralised lithologies mapped over 3km
*** Highest grade of 1.34% U3O8 on southern permit
*** The recent work has successfully confirmed the presence of outcropping uranium mineralisation on all three concessions and identified priority drill targets