Investor Presentaiton

• Dingo Pass Ni-Cu-PGE'S • Initial drilling did not intersect sufficient sulphides to explain the conductors at Dingo Pass. The targets are untested and still "live 7,169,000 mN . • First drilling at Dingo Pass intersected metamorphosed mafic intrusions with traces of disseminated copper (Cu) and nickel (Ni) bearing sulphides, but not enough sulphide or other conductive rock to explain the anomalies (DM1:ASX release 15 June 2022). • • Downhole electromagnetic data (DHEM) has been completed to better define the conductors location Modelling of DHEM confirms the presence of very high conductance bodies and suggests they are off hole from the initial RC drilling. These will now be tested with both RC and diamond holes. 7,168,000 mN 7,167,000 mN Investor Presentation October 2022 +521,000 mE DRC007 DRC006 DRC005 +522,000 mE +523,000 mE DRC001 DRC004 DRC002 +524,000 mE Dingo Pass Drill Hole Location Plan. Red squares - location of untested conductors modelled from DHEM www.desertmetals.com.au m DRC003 Ο +525,000 mE

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