FURTHER THICK, HIGH-GRADE EXTENSIONAL INTERCEPTS AT SEYMOUR




HIGHLIGHTS

  • Assays received for further six holes from Phase 1 step-out drilling of North Aubry deposit at flagship Seymour Project.

  • Additional thick, high-grade extensional intercepts of North Aubry deposit including: - GTDD-22-0016 for 34.3m @ 1.32% Li2O from 244.0m - GTDD-22-0003 for 19.2m @ 2.20% Li2O from 231.8m (incl. 9.7m @ 2.95% Li2O) - GTDD-22-0010 for 10.0m @ 1.89% Li2O from 313.0m (incl. 5.3m @ 2.85% Li2O) - GTDD-22-0015 for 9.0m @ 1.34% Li2O from 238.0m - GTDD-22-0012 for 2.3m @ 1.21% Li2O from 238.0m

  • Further northern step-out drilling of North Aubry deposit in planning.

  • Phase 1 assays returned to date (nine holes) indicate substantial potential upside to the existing Seymour Mineral Resource estimate of 4.8 Mt @ 1.25% Li2O.

  • Updated Mineral Resource estimate for Seymour (to incorporate all Phase 1 results including residual pending assays for seven holes) on track for completion during Q2 CY2022.

  • Phase 2 (Central Aubry zone) and Phase 3 (Pye prospect) drilling at Seymour now well progressed, with a total of 8 holes for 1,201 metres having been drilled to date across both areas.