Less than 2km from world-class nickel mine

DRILL READY TARGETS FALLING OUT OF INITIAL WORK

• Located <2km south of the historic Nepean nickel Mine (ASX: AOU) that produced 32,303 tonnes of mined nickel at an average recovered grade of 2.99% nickel1
• Nepean Project underlain by geology similar to the Nepean nickel Mine
• Prospective for both greenstone-hosted gold deposits and nickel sulphide deposits
• Phase-1 drilling program identified ultramafic rocks, potentially fertile for nickel sulphide mineralisation
• MLEM survey completed Dec 2024
• RC-ready targets currently being generated