NYORINYORI Phase 1 Assays NEXT PHASE OF WORK ▪ The Phase 1 exploration program completed in December 2023 ▪ assay results from 122 samples taken ▪ average of 8.85% Total Graphitic Carbon ("TGC"), with the highest recording at 15.89% ▪ High-grade assays include 15.89%, 14.17%, 13.92%, 12.14%, 11.82%, 11.38%, 11.37%, 11.26% and 11.22% TGC ▪ Results include: ▪ 60m at 9.39% TGC and including 24m at 11.15% TGC ▪ 78m at 8.57% TGC and including 12m at 10.18% TGC ▪ 107m at 9.24% TGC and including 16m at 10.49% TGC ▪ 65m at 9.39% TGC and including 16m at 11.02% TGC ▪ Results confirm the presence of a strong and graphite mineralised system that remains open-ended along strike ▪ Medium-sized open pit mining operation scheduled to commence development in H2 2024
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