Additional ground considered prospective for halloysite-kaolin has been secured on behalf of the joint venture adjacent to the Poochera and Camel Lake Projects with planing to undertake exploration at Camel Lake currently in progress

Expansion of Project Tenure at Poochera and Camel Lake

Two exploration licence applications considered prospective for halloysite-kaolin have been lodged for large areas adjacent to the Poochera and Camel Lake Projects.

Planning for commencement of exploration activities at Camel Lake is well advanced with drillhole planning and engagement inititated with key stakeholders.

Previous near surface exploration sampling at Camel Lake has identified halloysite of up to 99.6% purity containing rare, uniform and consistently shaped halloysite material.

Exploration plans are similarly being prepared to undertake drilling at the 100% owned Mount Hope Project where a historical non-JORC kaolin resource has been previously reported.

Initial analysis from the aircore drilling program conducted in April/May at the Carey's Well deposit and adjacent prospects is anticipated to be released shortly.

The Poochera Hlloysite-Kaolin Project Scoping Study is nearing completion with the results on track to be released before the end of the month.

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Expansion of Project Tenure at Poochera and Camel Lake
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