Grey Dam Nickel Sulphide Project & Barracuda PGE Ni-Cu Project slide image

Grey Dam Nickel Sulphide Project & Barracuda PGE Ni-Cu Project

Barracuda PGE Ni-Cu Project(¹) An underexplored & new energy metals project • • Strong Metal prices with Palladium (Pd) at US$2,760/oz, Platinum (Pt) at US$1,200/oz, Rhodium (Rh) at US$24,700/oz (2), Ruthenium $20,500/kg (3) Project covers multiple coincident Pt-Pd-Cu-Ni soil anomalies identified by Pancontinental Mining Limited (Pancon) that remain untested 4 rock chip samples were taken from the chromitite layer, assay results include 3.45g/t 4PGE(4), 3.39g/t 4PGE(4) with up to 12.55% chrome, confirming historic sampling and geology Mineralisation on the contact between mafic (gabbroic) and olivine-rich ultramafic rocks assayed up to 8.27g/t platinum group elements in historic assays (4PGE*) Review of open file remote sensing data has identified previous Aeromagnetic survey, Digital Elevation Model and radiometric surveys including broad spaced Aero Electro-Magnetic surveying Ongoing evaluation of data to define targets for detailed exploration with Heli VTEM survey booked for H2 2021 carnavale 1. For details refer to Carnavale ASX Up to 3.45g/t 4PGE* in rock chips from Barracuda PGE-Ni-Cu Project initial field trip 6 April 2021 resources ltd 2. Kitco.com 21 May 2021 3. Umicore Sales 21 May 2021 4. 4PGE is the addition of Pt, Pd, Rh, and Ru as an aggregate 117 -27 2719 Location of the Barracuda PGE Ni-Cu Project Area (E58/551) 118° NARRYER TERRANE Corative size of Bushveld Igneous Complex MEEKATHARRA Murchison Domain- YOUANMI TERRANE uthem Gress NOW OCEAN SOUTHWEST TERRANE Gnanagooragoo Igneous Complex 2711 2792 34 Little Gap 2821 Suite 2735 CUE Dalgaranga greenstone belt Meeline Suite Lady Alma Igneous Complex Barrambie Igneous Complex DOMAIN DOMAIN EASTERN GOLDFIELDS SUPERTERRANE KURNALP KALGOORLIE 50 km Terrane boundary 27 Windimurra Igneous Complex E58/551 SANDSTONE 28 Yalgowra Suite Little Gap Suite MT MAGNET 2813 Atley Igneous Complex YOUANMI Youanmi Igneous Complex Boodanoo Suite Unassigned gabbroic intrusions Greenstones Granitic rocks Major shear zones and faults with shear sense Way up from igneous layering Townsite V mineralization U-Pb age in Ma ("this paper) PGE mineralization 2800* MURCHISON CROSS SOUTHERN 118 Narndee Igneous Complex 50 km 119" 12 29-
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