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Quarterly Activities Report – September 2022



HIGHLIGHTS

  • NT “Supergroup” Lithium Project works confirm high grade lithium prospectivity

- Maiden exploration drilling program in progress targeting lithium bearing

pegmatites

- Multiple significant pegmatite intersections observed in numerous drillholes

- Strategic NT lithium landholding comprises eight tenements covering 319 blocks

- Updated MMP approved for additional drilling sites - EL33148 and EL33150 both granted - Confirmatory rock chip sample results confirmed high grade lithium

  • Burracoppin Halloysite Project drilling results from laboratory analysis awaited, aiming to delineate JORC resource

  • Monte Cristo Gold Project field exploration works conducted at priority prospects

  • Strong financial position with cash reserves of ~$2.5 million at 30 September 2022


KEY OBJECTIVES FOR DECEMBER 2022 QUARTER

  • Continue exploration drilling works at NT “Supergroup” Lithium Project

  • Receive laboratory analysis works from Burracoppin Halloysite Project drilling program, then delineate JORC resource

  • Review exploration works carried out at Monte Cristo Gold Project


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