Investor Presentaiton

• Deep Leads-Rubble Mound REE prospect is significantly enlarged REE extends 6.5km x 7km = 36.6km² Thicker mineralisation identified . • • • . Drill technique modified for difficult drilling Thick REE zones discovered 30m, 21m, 13m thick Economic assessment of thickened zones begun Overburden ranges from 0 - 6m, averaging 3.8m REE horizon averages 7.0m thick = low stripping ratio TASMANIA Deep Leads 5 Rubble Mound ABx Group Rare Earth Element Exploration Rare Earth Element Exploration Total Rare Earth Oxide Grades (TREO) REE Mineralisation Zone Greater than 700ppm REE Mineralisation Zone Extension • Between 300 and 700ppm 0 2 km Exploration Drilling Target • Less than 300ppm New Drill Holes - Assays Pending

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