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Investor Presentaiton

66 Dy STALLION RARE EARTHS (REE) PROJECT PONTON RIVER, WA Dysprosium 162.50 SM SUMMIT MINERALS Project Highlights ✔ Phase 2 exploration drilling completed at Stallion REE Project comprising 14 RC holes for 820m of infill and extension drilling Historic assays confirm up to 2,666ppm PREO (Partial Rare Earth Oxides - CeO2, La2O3, SC2O3, Y2O3), only accounting for 4 of the 17 rare earth elements, with samples previously not assayed for the other 13 REES ✓ The Company anticipates completing a maiden mineral resource estimate upon receiving the metallurgical test results and identifying the host to the rare earth minerals ✔ Planning is underway for another extension and infill drilling phase Potential for a maiden interim resource to be announced prior to the next phase of drilling Historic uranium resource 12
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