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Investor Presentaiton

B Section 2 Reporting of Exploration Results Criteria (Criteria listed in the preceding section also apply to this section). JORC Code explanation Mineral tenement and land tenure. status Commentary Type, reference name/number, location and ownership including⚫ agreements or material issues with third parties such as joint ventures, partnerships, overriding royalties, native title interests, historical sites, wilderness or national park and environmental settings. The security of the tenure held at the time of reporting along with⚫ any known impediments to obtaining a licence to operate in the area. The mineral tenures are located in the province of San Juan, Argentina and details of the Terms Sheet for the Acquisition of the Fomo Ventures No1 Pty Ltd Argentinean mineral tenures are presented in Belararox Limited (ASX: BRX) ASX Release "Belararox secures rights to acquire Project in Argentina" dated 03-Jan-2023 https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02618068- 6A1130657?access_token=83ff96335c2d45a094df02a206a39ff4 The details of the minerals tenures that make up the TMT Project are as follows: Tenure Name Tenure Identifier TORO 1124-528-M2011 LOLA 1124-181-M-2016 MALAMBO 425-101-2001 MALAMBO 2 1124-485-M-2019 LA SAL 2 414-134-D-2006 MALAMBO 3 1124-074-2022 MALAMBO 4 1124-073-2022 TAMBO SUR 1124-188-R-2007 TAMBO SUR I 1124-421-2020 TAMBO SUR II 1124-420-2020 Tenure Туре Discovery claim Discovery claim Discovery claim Discovery claim Cateo Discovery claim Discovery claim Discovery claim Discovery claim Discovery claim Current Tenure Period Area (ha) Grant Date End Date 1,685 2/07/2013 Not Applicable 2,367 29/12/2016 Not Applicable 3,004 13/08/2019 Not Applicable 414.6 24/06/2021 Not Applicable 4,359 13/05/2020 23/11/2023 2,208 Application Application 2,105 Application Application 4,451 11/07/219 Not Applicable 833 9/11/2021 Not Applicable 833 13/12/2021 Not Applicable TAMBO SUR III 1124-422-2020 TAMBO SUR IV 1124-299-2021 Discovery claim Discovery claim 833 Application Application 584 3/12/2021 Not Applicable TAMBO SUR V 1124-577-2021 Cateo 7,500 Application Application TAMBO SUR VI 1124-579-2021 Cateo 5,457 Application Application. Note 1: For a Discovery Claim there is no expiry date. The mineral tenure is retained while the minimum investment plan is followed. Note 2: All mineral tenures are held by GWK S.A. Note 3: A tenure overview map is displayed in Appendix A 31
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