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Investor Presentaiton

SA's Mine-waste Desk-top study: Review of MINDEP via SARIG & open file information ~1000 sites ranked using a newly developed system of weighted criteria in consultation with the Geological Survey SA Develop a top 30 ranked list of opportunities that could be further high-graded for site sampling and geochemical and mineralogical analysis Number of detailed case studies are also provided in the report Critical Minerals South Australia | Energy & Mining (energymining.sa.gov.au) SOUTH AUSTRALIA STRA Government of South Australia Department for Energy and Mining THE UNIVERSITY OF QUEENSLAND AUSTRALIA Sustainable Minerals Institute Rank Parameter (weighted) "Better" Assumptions 1 Mine status C&M, ceased, or abandoned 2 Known commodity Ni, Co, Zn, Mn, Cu, Co, Au, Ag, Fe 3 4 Discovery year 5 Mine waste feature Associated commodities Known to have CM affinity Older Larger volume Other considerations included: Distance to a major city, mine site or port; and environmental contamination ā—‰ ā˜ South Australian mine waste is fertile in metals including Co, Cu, Ni, REES and Au. The Middleback Ranges was recognised as a potential host for Mn, with notable enrichment likely in waste materials. The potential for bismuth in several sites
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