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Investor Presentaiton

Belele Copper - Gold 112 m RC drilling confirmed the presence of the greenstone belt, shearing and conductive copper sulphide mineralisation The entire Belele license which is now known to be underlain by the Mingah Range Greeenstone Belt has become prospective for both VMS and orogenic style gold Additional conductive targets along the license A 3D view looking North at Belele. The conductive plate modelled from EM data is shown in purple. Copper intercepts in red, sulphide in yellow. There is a good correlation between the location of then modelled plate, sulphide mineralisation and copper grade. Section A - A` shown in Figure 2. Investor Presentation October 2022 BRC001 BRC002 BRC003 BRC004 414 m BRC008 100 m BRCOOT 4. A BRC006 200 RC010 BRCOO 617220.1 617350 617400 617450 X 617500 617550 617657 440 150 200 250 300 350 37.9561 A 250 200 BRC004 BRC008 A` 50 m 100 100 150 150 50 m 200 250 300 Lithology Legend Overburden Basalt Dolerite Gabbro Mafic Schist Gneiss Amphibolite Copper Sulphur Modelled EM plate- pre-drilling target 350 400 Hole 4 intersection 44m @ 0.14% Cu, from 140-184m, incl Hole 8 intersection 40m @ 0.11% Cu, from 360-400m, incl 12m @ 0.32% Cu, from 148-160m, incl 21m @ 0.14% Cu, from 360-381m 4m @ 0.51% Cu, from 152-156m 200ppm lower cut-off www.desertmetals.com.au m
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