NYORINYORI GRAPHITE PROJECT NEXT PHASE OF WORK ▪ Phase I exploration activities completed in Q4 2023 ▪ Phase 2 drill work activities to progress in Q1 2025 ▪ Exploration across the combined 35 granted mining licenses ▪ Targeting high-grade and shallow graphite mineralisation ▪ high-grade jumbo and large flake graphite mineralisation to be primary focus of exploration activities ▪ mapping, sampling and trenching work planned across the entire license area A focus on fast-tracking the graphite projects at Nyorinyori through to completion of a feasibility study and commencement of development Exploration has confirmed high-grade graphite mineralisation across the licences Surface outcrops reveal graphite mineralisation extends for over 3km on current licences Visual estimates of +90% graphite content and presence of jumbo and large graphite flakes Shallow, extensive graphitic veins seen in current small scale mining activities
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