March 2024 Quarterly Activities Report and Appendix 5B

Exploration – Golden Ridge Project, NE Tasmania

· Assay results from soil sampling identified new prospect targets and now define anomalous gold in soils over a combined strike length of at least 9km, further enhancing the potential large scale of the overall Golden Ridge target deposit

· An initial 1,500m drill program (Phase 3) planned at the Trafalgar prospect comprising infill and extension drilling targeting down-dip and along-strike extensions to previous high-grade gold intercepts, includes multiple intersections grading >100g/t Au

· Post quarter, Phase 3 drilling commenced at Trafalgar Prospect

Exploration – Firetower Project, NW Tasmania

· Final assay results from recent 4-hole diamond drilling program received

· All holes intersected significant mineralised intervals

· Modelling of updated drilling data indicated key structural controls to polymetallic mineralisation zones with depth and strike extension target zones recognised

Exploration – Parker Dome Project, WA

· Soil sampling outlined multiple, large-scale lithium anomalies of up to 187ppm Li2O

· Lithium anomalies extend up to 2,300m length and 900m width

Exploration – Lake Johnston Project, WA

· Soil sampling outlined a large, high priority lithium anomaly

· Priority Target 1 presents as a large scale (4km x 1km), strong anomaly with 23 samples returning assay results over 100ppm Li2O