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Investor Presentaiton

THE DATA 3 Upper Figure: an oblique view looking NNW showing:- Pseudo-coloured roof topography of the heat-producing granite with depths ranging from outcrop in the northeast to +9km in the west. Interpreted major faults (black lines) plus Tas Geol 3D structures (buff ribbons). Pseudo-coloured heat flow data points (on an approximate 20km x 20km grid) ranging from <50mW/m² to a maximum value of 118mW/m². Zones of low resistivity (<1 ohm.m) defined by 3D inverse modelling of MT data. Portions within the granite coloured grey; portions above in light brown. Outline of the Lemont Inferred Geothermal Resource (defined by the 150°C isotherm at a depth of 4km). Lower Figure: an oblique view looking SE showing:- Pseudo-coloured roof topography of the heat-producing granite with depths ranging from outcrop in the northeast to +9km in the west. Tas Geology 3D structures (buff ribbons). MT Resistivity block model, western portion removed to reveal the low resistivity (<1ohm.m) zones which are coloured grey within the granite and pink above. Outline of the Lemont Inferred Geothermal Resource (defined by the 150°C isotherm at a depth of 4km). Portion of Tasmania's distant east coast in thin black line. The blue pin is the location of possible test hole to confirm temperature gradient and high permeability: depth ~2km. (Both figures after Tom Ostersen's PhD thesis, 2020.) Spa*ark Energy_24 50 60 70 80 90 100 110 Heat Flow (mWm-2) -9000 -3000 -6000 Granite Roof Elevation (m a.s.l.) 0.1 1.0 10 100 1000 10000 -9000 Resistivity (Q.m) -6000 Granite Roof Elevation (m a.s.l.) -3000 0
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