NYORIGREEN GRAPHITE PROJECT ▪ 75% interest in 22 granted graphite licences also located in Simanjiro District in the Manyara Region of Tanzania ▪ licences are located contiguous to the Nyorinyori Graphite Project ▪ licenses valid for a 7-year period and renewable thereafter ▪ extends over an area of approx 100 hectares in an area in which the Company is looking to consolidate its position and strategic advantage ▪ surface outcrops of graphite mineralisation are found extensively on the license area ▪ targeting high-grade and shallow graphite mineralisation which has already been identified on the adjoining Nyorinyori Graphite Project licenses ▪ exploration has commenced targeting the high-grade jumbo and large flake graphite mineralisation ▪ mapping, sampling and trenching work planned across the entire license area ▪ An application was submitted for a large Prospecting License, remains outstanding and expected to be issued in Q3 2024, this further increases thecompany’s footprint in the region 56
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