Re rate happening, page-996

Q3 drilling is planned for Yinnetharra from what I recall but currently RR1's bordering neighbours DLI (Delta Lithium) and VSR (Voltaic Strategic) are drilling across their tenements for the lithium, some results today out for VSR for the rare earths which seem to be giving the market an excuse to just sell off and trigger stop-losses as the main plays for this area really is the Lithium with Delta coming out saying they believe their Yinnetharra project has substantially more potential than their Mt.Ida project, which I don't believe is being factored right now too much in their current valuation at $400m market cap nor in their Japanese investor adding $46.4m the other day at 70c a share, given Mt.Ida is going into mining sooner than Yinnetharra but they are spending $1.2m a week on drilling across both projects.

Extract from the last Delta announcement; they have results from their Yinetharra drilling to come which is where RR1 is smack in the middle of and around. Their results will come through as stated below, before RR1 starts drilling.

"Yinnetharra has it all. It feels like we have hit the jack pot. These results further confirm that Malinda is showing all the signs
of being the first of a number of major discoveries on our ground.

Discoveries like this are rare and they take a lot of hard work. During May 2023, the company achieved a
record 25,816 metres of drilling. That is a massive effort from the team and that will surely deliver more
great results.”

To date the Company has completed 205 holes for 47,501 metres at Yinnetharra and 338 holes for 61,514
metres (within calendar year 2023) at Mt Ida. This announcement relates to results received from 32
Diamond Drill holes (DD) and 57 Reverse Circulation (RC) drill holes.

A further 152 holes from both projects are in the process of being assayed with results due in batches throughout the next few months.

The Company is also on track to complete an additional ~200 holes before September 2023 at both projects."