New Dawn Lithium Project

2 Pre-Native Title, Granted Mining Licenses

• Exploration Target: 8-14Mt @ 1.0-1.2% Li₂O
• 5,000m of RC drilling completed and 1,000m diamond drilling ongoing to extend vertically stacked pegmatites open in all directions
• Neighbouring Bald Hill total lithium MRE of 26.5Mt @ 1.0 Li₂O, 149ppm Ta₂O₅ and additional tantalum MRE of 4.4Mt @ 336ppm Ta₂O₅
• Best Intersections from Torque Drilling:
  • 10m @ 1.51% Li₂O, from 51m including 1m @ 3.99% Li₂O, from 52m
  • 12m @ 1.00% Li₂O, from 39m including 2m @ 2.04% Li₂O, from 42m
  • 8m @ 1.09% Li₂O, from 47m including 1m @ 3.66% Li₂O, from 53m
  • 14m @ 1.01% Li₂O, from 192m including 4m @ 2.32% Li₂O, from 199m
  • 15m @ 1.17% Li₂O, from 220m including 7m @ 2.12% Li₂O, from 221m