Investor Presentaiton

66 Dy Dysprosium 162.50 STALLION RARE EARTHS (REE) PROJECT PHASE 2 DRILLING Building on Phase 1 Results I 514,000 ME 515,000 ME 516,000 ME • Best intercepts from the Phase 2 Drilling include: • STR023: 9m at 1664.12 ppm TREO from 58m · STRC017: 34m at 1021.8 ppm TREO from 37m STRC019: 31m at 1298.37 ppm TREO from 63m Future Work • · Maiden Mineral Resource Estimate expected for Stallion upon receiving the balance of the results • Planning underway for another extension and • infill drilling phase to be conducted AMSUL (pH ~ 4) leach unsuccessful, moving to stronger digestions (H2SO4, HCI) - 6,659,000 MN E 28/3241 Map Area E 28/2999 STRC020 from 29m 7m at 832ppm TREO -6,658,000 mN STRCO17-from 37m 34m at 1022ppm TREO STRC016 from 30m 12m at 1292ppm TREO STRC015 from 20m 14m at 610ppm TREO -6,657,000 MN STRC026 From 27m 14m at 954ppm TREO STRC021 from 48m 3m at 547ppm TREO Abandoned STRC027 From 48m 2m at 692ppm TREO STRC028 From 39m 5m at 1362ppm TREO 514,000 mE 515,000 ME I STRC019 from 54m 3m at 635ppm TREO and from 63m 31m at 1298ppm TREO STRC018 from 34m 16m at 953ppm TREO See Schematic Cross Section 10,400mN STRC023: From 58m 9m at 1664ppm TREO STRC024: From 53m 4m at 892ppm TREO STRC025 From 27m 3m at 1163ppm TREO SUMMIT SMMINERALS LTD 517,000 ME E 28/3241 E 28/2999 518,000 ME Perth 6,659,000 mN- Project Location 6,658,000 mN- 6,657,000 mN- SM SUMMIT MINERALS Stallion REE PROJECT 500 metre LEGEND Summit Tenement Phase 1 Drill Holes Phase 2 Drill Holes Historic Drillholes 516,000 ME T 517,000 ME 518,000 ME 14

View entire presentation