Announcement PDF ASX ANNOUNCEMENT: ASX: DAL 30 April 2025 Quarterly Activities Report For Period Ended 31 March 2025 __________________________________________________________________________________ Highlights Greenland Blue Lagoon Zr-Nb-REE Project • • • • Dalaroo acquired an option for 100% of the Blue Lagoon Project in Greenland in a highly sought after and strategic jurisdiction within a REE and strategic metals province that hosts two major REE deposits (Kvanefjeld and Tanbreez). Historic regional stream sediment sampling results from the Blue Lagoon Project area are of similar, or higher, anomalism than those coincident with REE and strategic deposit discoveries in the same geological belt. Dalaroo is planning first pass exploration activities on this highly prospective unexplored project area towards the end of June 2025. Dalaroo has secured the services of highly respected and experienced Greenland geologist Ole Christiansen, who has been instrumental in the modern development of metals in Greenland, including Critical Metal’s (NASDAQ: CRML Critical Metals Corp) Tanbreez project. Lyons River Project Broken Hill Type prospectivity confirmed • Drilling confirmed Broken Hill Type host rocks with significant intervals of sulphides throughout the sequence within argillaceous metasediments and zones of silica-pyrite alteration. Copper Potential • High grade copper with assay results of 16.2% Cu* from follow up rock chip sampling over the expanded Browns prospect. High grade copper is coupled with gold values of up to 0.24g/t Au and 3g/t Ag. Goodbody Gold Project • Dalaroo is evaluating next steps on encouraging gold mineralisation discovered in a maiden air-core drill program on gold in soil anomalies (refer DAL ASX Announcement from 16 April 2024). New Projects • Dalaroo continues to assess and identify new projects to acquire or earn into which the Board considers are complementary to Dalaroo’s existing Lyons River, Namban and Greenland projects and have the potential to create further value for shareholders. *The assay result of surface samples may not be representative of copper, gold and silver mineralisation at depth. Dalaroo Metals Ltd (ASX: DAL, “Dalaroo” or “Company”) is pleased to provide an update on its activities during the March Quarter 2025. Blue Lagoon Zr-Nb-REE Project, Gadar Province, Greenland Dalaroo entered into a Binding Heads of Agreement (“Agreement”) with Ox Resources Pty Ltd (“Vendor”) to potentially acquire the Blue Lagoon Zirconium, Niobium and Rare Earth Element Project (tenement MEL 2022-07) (“Project”) located in the Gadar Province of South Greenland (refer Figures 1 and 2) (refer DAL ASX Announcement, 16 April 2025). Highly anomalous Zr, Nb and REEs (in particular neodymium) results from stream sediment sampling undertaken by the Greenland and Denmark Geological Society (‘GEUS”) for uranium exploration in 1979 have never been followed up. The key rationale of this potentially strategic acquisition are: • Project has similar geochemical anomaly footprint to the Kvanefjeld (ASX: ETM Energy Transition Metals) and Kringlerne/Tanbreez (NASDAQ: CRML Critical Metals Corp) multi-element deposits in South Greenland, showing enrichment in critical minerals and high value LREE elements from regional stream sediment sampling: o Up to 0.93% Zirconium (Zr) o Up to 520 ppm in Neodymium (Nd) o Up to 320 ppm in Niobium (Nb) • Sampling has not returned any elevated radioactive elements, which is significant given the current Greenland Government ban on any activities related to mining if uranium concentrations are over 100ppm. • Project sits on the westernmost part of the highly prospective Gadar Block alkaline intrusives belt in SW Greenland. This belt hosts significant advanced critical metals-REE deposits. • Project area contains potential bulk tonnage options from beach-like deposits of weathered granitic rock, providing potential low-cost options for separation and the planned focus for preliminary work. • President Trump’s recent interest in Greenland as a source of critical resources and its strategic location highlights the growing importance Greenland has for critical metals and their ownership. • Field activities are planned for the end of June and will focus on auger drilling to test placer like deposits of in situ weathered alkaline granites as well as stream, soil and rock chip sampling over the tenement to follow-up on the anomalous historical stream sediment results. Historical results from sampling on the tenement show highly anomalous values with a corresponding lack of radioactive elements, which is significant given restrictions on shipping radioactive material and the current ban on projects with U values higher than 100ppm in Greenland. 2 Figure 1: Project location, GEUS regional stream sediment location and neodymium assay results Table 1:Selected assay results from all GEUS stream sediment sampling within MEL 2022-07. Source (https://eng.geus.dk) REE LREE HREE La (ppm) Ce (ppm) Nd (ppm) Sm (ppm) Eu (ppm) Tb (ppm) Yb (ppm) Lu (ppm) Th (ppm) U (ppm) Nb (ppm) Zr (ppm) 281028 270 410 200 35 2.8 4.7 14 1.3 21 5.6 129 2059 281030 600 870 360 65 4.7 11 39 5 51 18 294 1063 281031 590 990 410 65 4.2 11 31 3 61 14 279 5054 281032 220 290 160 28 2.7 4.4 18 2.4 22 7.1 193 3773 282850 710 1300 520 79 12 12 60 5.2 88 14 326 9360 282851 550 870 390 66 5 9.7 39 4.2 45 11 13 246 Sample_ID 282852 - - - - - - - - - - 118 3520 282853 780 1800 500 80 5.9 11 44 4.7 64 10 126 3286 282854 660 1400 500 75 9.9 11 49 5.3 73 18 200 7240 3 Recent tensions between US and China have highlighted the importance of these metals to supply chain security. Figure 2: SW Greenland Geology and mineral deposits and occurrences. Blue Lagoon association with Gadar Block alkaline intrusives with a similar setting to other major multi-metallic deposits. Modified from Steenfelt et al 2016 The Company has advanced planning for its first field trip to the project in late June 2025. It has secured the services of renowned Greenland geologist Ole Christiansen for exploration work on the project. Mr. Christiansen has over 35 year’s experience exploring Greenland, and is currently a consulting geologist, which has included work for the Tanbreez deposit. He has spent considerable time exploring for gold, base metals as well as critical metals within alkalic complexes, including carbonatite and syenite complexes. He was the former CEO of Nuna Minerals A/S, a crowned company that became listed on Nasdaq OMX Copenhagen in 2008. Two principal work streams will be conducted. The first will involve auger drilling of beach-like deposits around the Blue Lake shore and surrounds. This will be undertaken to test their potential to host weathered fine grained heavy mineral sands/fractions, where elements such as niobium, zirconium and REEs would be expected to be concentrated by weathering. The second will consist of a program of detailed geochemical sampling (stream, soils and rocks) and prospecting over the whole tenement area. Results from the sampling will be used to vector a follow-up field program. Subject to these results being positive and received in a timely manner it may be possible to complete a second field trip, with field season typically open until the end of September 2025. 4 Lyons River Project No field work was undertaken during the March 2025 Quarter due to wet weather and heat. Final results from soil sampling programs undertaken in the December 2025 Quarter to infill gaps were received during the March 2025 Quarter. Activities were focused on review and assessment for of key targets identified to date for planning next steps and tenement maintenance. Tenement E09/2908 reached the end of its second five-year period and an application for extension for an additional two years was lodged. This tenement is centrally located to the Four Corners and Browns base metal area. Applications for extension of terms for tenements E09/2312, E09/2304 and E09/2305 were approved by DEMRIS. Geographically the Lyons River Project is located approximately 1,100km north of Perth and approximately 220km to the north-east of Carnarvon and comprises a strategic (100% owned) land position of 838km2 within the Proterozoic age Mutherbukin Zone of the Gascoyne Province in Western Australia. The Gascoyne Province is a deformed and high-grade metamorphic core zone of the early Proterozoic Capricorn Orogen. Broken Hill Type prospectivity confirmed - EIS Diamond Drilling at Browns Prospect Dalaroo has confirmed base metals prospectivity has been demonstrated following positive results from the diamond drilling program at its Browns Prospect, Lyons River, with encouraging assay results of up to 1.1% Zn. Four deep diamond core holes totaling 994.4m have tested a prospective Pb-Zn-Ag base metal target covering an area of 6km2 (3km X 2km). The Company believes the district is an emerging Broken Hill Type (BHT) / Sedimentary Exhalative (“SEDEX”) deposit setting. The Browns Prospect is one of six Pb-Zn soil geochemical prospects identified at Lyons River within the Proterozoic Age basin setting covering an area of 300km2 (30km by 10km) (Figure 1). The Browns Prospect represents the second site of Pb-Zn-Ag intersections discovered by bedrock drilling in the Mutherbukin Zone, 5km east of Dalaroo’s Four Corners Pb-Zn-Ag prospect. The Browns Prospect comprise a broad Pb-Zn soil (max 1445ppm Pb, 1080 Zn ppm) and rock chip geochemical anomaly covering an area of 3km X 2km, associated with extensive iron-rich and high-grade gossanous material at surface with results of up to 39.6% Pb, up to 0.71% Zn and up to 82g/t Ag (refer DAL ASX Announcement from 15 February 2022). Dalaroo’s Aircore (AC) drill programs at Browns testing the geochemical anomalism have been successful in intersecting zones of interbedded psammitic to pelitic lithologies together with zones of disseminated base metal sulphides such as galena and sphalerite. Significant AC drilling Pb-Zn sulphide intercepts have included 10m @ 1.04% Pb, 0.49% Zn, 2.85g/t Ag from 37m (LRAC010) Including 1m @ 3.13% Pb, 0.24% Zn, 5g/t Ag from 38m and 63m @ 1.76g/t Ag from 16m (refer DAL ASX Announcement from 14 February 2023). 5 Figure 3: Dalaroo Metals, Lyons River Project prospects in the Gascoyne Province showing neighbouring companies and their prospects. 6 Figure 4: Lyons River, Browns Prospect and five other Pb-Zn soil geochemical prospects /targets over greyscale 1 Vertical Derivative Aeromagnetics image. Four diamond core holes totalling 994.4 m (Figure 5) tested a prospective Pb-Zn-Ag base metal target covering an area of 3km X 2km. The holes ranged in depth from 142.3m to 300m and tested separate zones below the AC drill anomalies and prospective coincident gravity/geochemical targets (Table 2). Table 2: Browns Prospect EIS diamond drill hole locations. Drillhole MGAE MGAN Nominal RL Dip (°) Azimuth (mag) Depth (m) Tenement LRDD005 378333 7285202 281 -56 180 300 E09/2102 LRDD006 378102 7285294 281 -60 180 300 E09/2102 LRDD007 378102 7285045 283 -60 180 252.1 E09/2102 LRDD008 377733 7284791 286 -60 180 142.3 E09/2102 7 Figure 5: Lyons River Project – Browns prospect EIS diamond drill hole and AC drill hole plan draped over gravity image. EIS drilling has defined an interbedded sequence of garnet-and sillimanite-bearing pelitic to psammo-pelitic schists, intermediate to felsic gneiss, and meta-sandstones, analogous to the host rock sequences at Broken Hill. Akin to Broken Hill the rocks have undergone high-grade metamorphism, to generate the quartzbiotite-feldspar-garnet-muscovite-sillimanite assemblage. The main lithologies identified are shown in Figure 4. The sequence has been intruded by granitic pegmatite and lesser, serpentinised, ultramafic dykes. 8 Figure 6: Browns Prospect drill section 378100E Intervals of disseminated, blebby and veinlet pyrite occur throughout the sequence and are typically more abundant with argillaceous, pelitic lithologies (biotite-quartz schist). The thickest sequences of these argillaceous, pelitic to psammo-pelitic rocks occur in the northern part of the prospect and broadly correlate with the main (northern) Pb-Zn-Ag surface anomaly. In addition, several zones of silica-pyrite alteration have been logged throughout the sequence. Better base-metal intercepts include: • 1m @ 0.55% Pb and 0.11% Zn from 58m (LRDD005) • 3m @ 0.33% Pb and 0.12% Zn from 62m (LRDD006) • 1m @ 0.13% Pb, 0.7% Zn and 2ppm Ag from 81m (LRDD006) • 1m @ 0.19% Pb and 1.09% Zn from 146m (LRDD006) • 5m @ 277ppm Pb and 1324ppm Zn from 127m (LRDD007) The better results were returned from holes LRDD005 and LRDD006 in the northern part of the Browns prospect. Drilling in this area intercepted several zones of argillaceous, pelitic schist up to 65m thick that contain up to 5% pyrite. Such lithologies are commonly more prospective in BHT systems, and at Browns, these zones exhibit broad widths of base metal anomalism, that include discrete, higher-grade zones, including 1.09% Zn and 0.55% Pb over 1m intervals. Aeromagnetic data and structural analysis of drill-core suggests a possible NE structural control to mineralisation, although additional drilling would be required to confirm this. 9 Copper Potential A review of Lyons River Project copper potential has been undertaken using the project wide historical soil geochemical and rock chip samples. High grade copper assay results of 54.8% coupled with silver grades of 80g/t were returned from rock chip sampling program in 2023 associated with malachite rich zone over the south-western part of the Browns prospect (Refer DAL ASX Announcement from 31 October 2023). Copper assays of 1.64% accompanied by silver assays of 21.5g/t have previously been recorded from rock chip sampling completed at the Four Corners Prospect located 5km to the west of Browns. In other parts of the Lyons River Project copper values from rock chip samples have returned assays ranging from 505ppm to 2617 ppm (0.26%). Historical shallow RC drill program in 2008 by previous explorers at Four Corners had returned an intersection of 3m @ 0.50% Cu including 1m @ 0.92% Cu from 56m, with mineralisation associated chalcopyrite (Refer DAL ASX Announcements from 16 March 2022). Field reconnaissance of copper anomalous areas was undertaken in the December Quarter 2024 with a total of 32 new samples collected. Multi-element analysis has returned high grade copper with assay results of up to 16.2% Cu (refer to DAL December 2024 Quarterly Report). High grade copper is coupled with gold values of up to 0.24g/t Au and 3g/t Ag (refer to DAL ASX Announcements from 16 March 2022). Outcropping surface malachite copper mineralisation has been observed over a strike distance of 60m. This highlights potential for the discovery of copper within the Lyons River Project (Figure 8). Complete soil sampling results Figure 7: Summary of gap soil geochemistry surveys undertaken following receipt of complete assays. Copper results shown with rock chip sample with copper assays above 1%. 10 Final results from the soil geochemical sampling program undertaken over the Lyons River Project were received. The highest copper result returned was 169ppm, from the NE area some 5km from the Browns area (Figures 7). The results indicated lower order base metal anomalism to the areas some 2.5km to northeast of Browns, which confirms base metal prospectivity and may suggest deeper seated targets. The results in this area appear generally coincident to NE trending structures that are interpretated from the aeromagnetics (see Figure 8). Rock chip results immediately to east of these soils have returned Cu up to 625ppm (refer to DAL December 2024 Quarterly Report). Results point to additional potential base metals targets to the north-east of Browns, notably outside of the low magnetic response east-west corridor. The Company is reviewing next steps with regards to generating targets for buried base metal mineralisation. over a number of conceptual target areas with potential for copper. Figure 8: Total Magnetic Intensity image overlain by historical and new soil geochemical samples (anomalous copper) and rock chip sample result with copper assays of 16.2% Cu and 0.24g/t Au. Namban Project The Manning Prospect is located 150km north of Perth and 90km north of Chalice Mining’s world class Julimar Ni-Cu-PGE Project (Figure 9). 11 Figure 9: Namban Project Location along the northern extent of the arcuate Julimar – Yule Corridor, truncated by the Darling Fault (dark blue) to the west. Image is 1VD-RTP magnetics draped with Bouger Gravity 12 New Projects Dalaroo is currently reviewing projects, which it may seek to apply for, acquire or earn into which the Board considers are complementary to Dalaroo’s existing Greenland, Namban and Lyons River projects and have the potential to create further value for shareholders. The Company is focusing on metals with high value supported by longer term demand and supply fundaments, which includes gold, silver, copper, REEs, niobium, tantalum, titanium, tungsten and zirconium. Corporate As at the date of this report, the Company has the following securities on issue: Security Type Number Fully Paid Ordinary Shares 248,951,923 Unlisted Options - exercisable at $0.25 each, expiring 28 September 2025 8,000,000 Unlisted Options – exercisable at $0.08 each, expiring 5 July 2025 14,375,000 Unlisted Options – exercisable at $0.036 each, expiring 23 August 2029 182,187,500 Performance Rights 9,200,000 Financial Commentary The Appendix 5B for the quarter ended 31 March 2025 provides an overview of the Company’s financial activities. Exploration expenditure for the quarter was $106K. Corporate, staff costs and other expenditure for the quarter was $178K. The total amount paid to Directors of the Company, their associates and other related parties was $131K which includes salary and fees. The Company’s cash balance at the end of the quarter was $1,069K. ENDS For more Information: Please visit our website for more information: www.dalaroometals.com.au T: +61 8 6185 2004 Joshua Gordon, Non-Executive Director, E: jgordon@dalaroometals.com.au Authorised for release to the ASX by the Board of Dalaroo Metals Ltd. 13 COMPETENT PERSON The information in this report that relates to Exploration results is based on information compiled by Dalaroo Metals Ltd and reviewed by Mr Michael Brown who is a Geologist and Member of the AIG. Mr Brown has sufficient experience that is relevant to the style of mineralisation, the type of deposit under consideration and to the activities undertaken to qualify as a Competent person as defined in the 2012 edition of the “Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves”. Mr Brown consents to the inclusion in this report of the matters based on this information in the form and context in which it appears. FORWARD-LOOKING INFORMATION This report may include forward-looking statements. Forward-looking statements include, but are not limited to, statements concerning the planned exploration program and other statements that are not historical facts. When used in this report, the words "could", "plan", "estimate", "expect", "intend", "should" and similar expressions are forward-looking statements. Although Dalaroo believes that its expectations reflected in these forward-looking statements are reasonable, such statements involve risks and uncertainties and no assurance can be given that actual results will be consistent with these forwardlooking statements. CAUTIONARY NOTE The statements and information contained in this report are not investment or financial product advice and are not intended to be used by persons in deciding to make an investment decision. In releasing this report, Dalaroo has not considered the objectives, financial position or requirements of any particular recipient. Accordingly, potential investors should obtain financial advice from a qualified financial advisor prior to making an investment decision. NO NEW INFORMATION Except where explicitly stated, this report contains references to prior exploration results, all of which have been cross-referenced to previous market announcements made by the Company. The Company confirms that it is not aware of any new information or data that materially affects the information included in the relevant market announcements. 14 ASX Releases during the March 2025 Quarter Description 29 January 2025 Change of Registered Office Address 31 January 2025 Quarterly Activities/Appendix 5B Cash Flow Report 20 February 2025 Option Secured on Blue Lagoon Zr-Nb-REE Project, Greenland 20 February 2025 Proposed Issue of Securities x 4 27 February 2025 Application for Quotation of Securities 27 February 2025 Notice Under Section 708(5)(e) 14 March 2025 Half Yearly Report and Accounts Tenement Schedule as at 31 March 2025 Interest held at 31 December 2024 Project Name Location Tenement Licence Lyons River WA E09/1824 Lyons River WA E09/1825 100% Lyons River WA E09/2098 100% Lyons River WA E09/2102 100% Lyons River WA E09/2304 100% Lyons River WA E09/2305 100% Lyons River WA E09/2312 100% Lyons River WA E09/2713 100% Namban WA E70/4694 100% Namban WA E70/4928 100% Namban WA E70/5494 100% Namban WA E70/5604 100% 100% 15 About the Lyons River Project Lyons River is located approximately 1,100km north of Perth and approximately 220km to the north-east of the coastal town of Carnarvon, Western Australia. The Lyons River Project lies within the Mutherbukin Zone of the Gascoyne Province, which is the deformed and high-grade metamorphic core zone of the early Proterozioc Capricorn Orogen (Figure 8). Figure 10: Lyons River Project location diagram 16 About the Namban Project Namban Project comprises an under explored ground package totalling 437km2 located in the mid-north part of the wheatbelt region, deemed by Dalaroo to be prospective for magmatic intrusion related Ni-CuPGE deposits. The Company has a 100% controlling interest in the Namban Project, comprising four tenements extending from the townships of Moora in the south to Three Springs in the north (Figure 9). Figure 11: Namban Project tenements location map 17 Appendix 1: Dalaroo Metals Ltd – Air core (AC) Drilling Program Lyons River Project – Browns prospect - JORC Code Edition 2012: Table 1 Section 1: Sampling Techniques and Data (Criteria in this section apply to all succeeding sections) Criteria JORC Code explanation Commentary Sampling techniques Nature and quality of sampling (e.g. cut Soil sampling channels, random chips, or specific specialised industry standard measurement tools appropriate to the minerals under investigation, such as down hole gamma sondes, or handheld x-ray fluorescence (XRF) instruments, etc). These examples should not be taken as limiting the Soil samples are generally homogenised by the broad meaning of sampling. collection process. Entire sample was submitted Include reference to measures taken to ensure for sample prep and assay. sample representivity and the appropriate calibration of any measurement tools or systems used. For soil sampling, at the selected sample site, a Aspects of the determination of mineralisation small hole is dug to a depth of approximately 20 that are Material to the Public Report. cm. The soil material at the base of the hole was In cases where ‘industry standard’ work has sieved, and approximately 2kg of –2mm soil been done this would be relatively simple (e.g. material was collected into a numbered calico ‘reverse circulation drilling was used to obtain 1 bag. m samples from which 3 kg was pulverised to produce a 30 g charge for fire assay’). In other cases, more explanation may be required, such Soil sampling results are a first pass exploration as where there is coarse gold that has inherent technique that can assist in vectoring toward sampling problems. Unusual commodities or mineralisation. mineralisation types (e.g. submarine nodules) may warrant disclosure of detailed information. Drilling techniques Drill type (e.g. core, reverse circulation, open- No drilling results reported hole hammer, rotary air blast, auger, Bangka, sonic, etc.) and details (e.g. core diameter, triple or standard tube, depth of diamond tails, facesampling bit or other type, whether core is oriented and if so, by what method, etc.). Drill sample recovery Method of recording and assessing core and chip No drilling results reported. sample recoveries and results assessed. Measures taken to maximise sample recovery No drilling results reported. and ensure representative nature of the samples. Whether a relationship exists between sample recovery and grade and whether sample bias No drilling results reported. may have occurred due to preferential loss/gain of fine/coarse material. Criteria JORC Code explanation Commentary Logging Whether core and chip samples have been Sample type and landform/regolith settings were geologically and geotechnically logged to a level recorded, and geo-tagged photos of samples and of detail to support appropriate Mineral settings taken. Resource estimation, mining studies and metallurgical studies. Whether logging is qualitative or quantitative in No drilling results reported. nature. Core (or costean, channel, etc.) photography. The total length and percentage of the relevant intersections logged. Subsampling techniques and sample preparation If core, whether cut or sawn and whether Soil samples were sieved to collect the -2 mm fraction. quarter, half or all core taken. If non-core, whether riffled, tube sampled, All samples were dry. rotary split, etc and whether sampled wet or dry. Sample preparation of samples follows industry best practice standards and is conducted by For all sample types, the nature, quality and internationally recognized laboratories; i.e. appropriateness of the sample preparation Oven drying, jaw crushing and pulverising so that technique. 90% passes -75 microns Quality control procedures adopted for all subsampling stages to maximise representivity There was no sub-sampling of samples. Soil sampling completed on a regular grid line spacings to ensure representative sampling of area being assessed. Entire soil sample submitted for assay and sample size is considered appropriate for the Whether sample sizes are appropriate to the material being sampled. grain size of the material being sampled. Measures taken to ensure that the sampling is representative of the in-situ material collected, including for instance results for field duplicate/second-half sampling. Quality of assay The nature, quality and appropriateness of the Soil samples have been submitted to Bureau assaying and laboratory procedures used and Veritas Laboratories for analysis by 4-Acid Digest data and laboratory tests whether the technique is considered partial or - 0.2g total. For geophysical tools, spectrometers, handheld Samples analysis and determined by Inductively XRF instruments, etc, the parameters used in Coupled Plasma (ICP) Optical Emission determining the analysis including instrument Spectrometry and Inductively Coupled Plasma make and model, reading times, calibrations (ICP) Mass Spectrometry. factors applied and their derivation, etc. Nature of quality control procedures adopted (e.g. standards, blanks, duplicates, external laboratory checks) and whether acceptable levels of accuracy (i.e. lack of bias) and precision have been established. Criteria JORC Code explanation Commentary Verification of sampling and assaying The verification of significant intersections by Anomalous geochemical thresholds either independent or alternative company determined by a senior geologist personnel. were The use of twinned holes. None drilled. Documentation of primary data, data entry procedures, data verification, data storage All field data was manually collected, entered (physical and electronic) protocols. into excel spreadsheets, validated and loaded Discuss any adjustment to assay data. into Access database and processed by a number of different exploration software. None required Location of data points Accuracy and quality of surveys used to locate All samples collected are located using a drillholes (collar and downhole surveys), handheld GPS. trenches, mine workings and other locations used in Mineral Resource estimation. Grid system used for geochemical sampling is Specification of the grid system used. GDA94 Zone 50 Quality and adequacy of topographic control. For geochemical sampling nominal RLs based on regional topographic data sets and handheld GPS. Data spacing Data spacing for reporting of Exploration and distribution Results. Soil sampling on 100m X 50m and 50m X 25m Whether the data spacing and distribution is spacing based on geology/structural framework sufficient to establish the degree of geological MRE not being reported. and grade continuity appropriate for the Mineral Resource and Ore Reserve estimation procedure(s) and classifications applied. Whether sample compositing has been applied. Orientation of data in relation to geological structure Whether the orientation of sampling achieves unbiased sampling of possible structures and the extent to which this is known, considering the deposit type. Soil sample lines were orientated approximately perpendicular to the geological strike and strike of the interpreted major structures. Given the topography and early stage of exploration, the sampling orientation is not considered to introduce a bias to the interpretation of the data. If the relationship between the drilling orientation and the orientation of key N