Investor Presentaiton

Innouendy Innouendy Rare Earth Elements Opal Bore Desert Metals is advancing its Significant Clay hosted Rare Earth Element Discovery at Innouendy Significant Total Rare Earth Oxide (TREO) intercepts include: • • • • • • • • • • • • • • • • 20m @ 2139ppm from 16m (incl 4m @ 4376ppm) hole 27 8m @ 2734ppm from 24m (incl 3m @ 4104ppm) hole 80 12m @ 1404ppm from 8m (incl 4m @ 2786ppm) hole 25 20m @ 1187ppm from 28m (incl 4m @ 2428ppm) hole 4 20m @ 1195ppm from 28m (incl 4m @ 2185ppm) hole 5 21m @ 1176ppm from 4m (incl 12m @ 1490ppm) hole 136 16m @ 1347ppm from 28m (incl 8m @ 2085, incl 4m @ 2791) hole 130 48m @ 665ppm from 20m (incl 8m @ 1209ppm) hole 70 28m @ 965ppm from 12m (incl 16m @ 1255ppm) hole 140 28m @ 855ppm from 4m (incl 8m @ 1311ppm) hole 137 28m @ 607ppm from 44m (incl 8m @ 1122ppm) hole 69 8m @ 1429ppm from 20m (incl 4m @ 2040ppm) hole 138 8m @ 1325ppm from 12m (incl 4m @ 1771) hole 134 8m @ 1111ppm from 12m (incl 4m @ 1674ppm) hole 77 8m @ 1051ppm from 12m (incl 4m @ 1270ppm) hole 78 8m @ 1020ppm from 32m (incl 4m @ 1125ppm) hole 72 Investor Presentation October 2022 7167500 Irrida Irrida East Hill Dingo Pass 452500 455000 457500 460000 462500 465000 467500 470000 7152500 7155000 7157500 7160000 7162500 7165000 CODO O commodo 000 à 0000000 Hooper Belele ✔ A 7167500 7165000 7162500 Location of aircore and RC holes at Innouendy. Red collars previously reported, white collars from current program with analysis pending. Current drilling program extends across greater than 20km. Background image Sentinel RGB =432 ternary image. 71600007157500 7155000 7152500 452500 455000 457500 460000 462500 465000 467500 470000 www.desertmetals.com.au mm

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