Page 105 - ANC22-Presentations-Weds

Significant exploration underway immediately north of the Gonneville

Deposit, extending over ~10km of the Julimar Complex strike length

• New 2D seismic results over Gonneville-Hartog
N
Baudin Target indicate a potential plunge extension of the
Gonneville Intrusion ~1.6km north-west and ~500m
below surface
3.2m @ 0.5% NiEq
OPEN
41.6m @ 0.4% NiEq Given sulphide-rich nature of the Gonneville
Dampier Target •
9.6m @ 0.7% NiEq
Intrusion, this could significantly expand the
OPEN deposit to this point and potentially beyond (open
120m of Gonneville-type
intrusive (assays pending) to the north)
Hann Target
State Forest boundary • Previous Hartog drilling too far east and above this
Low-conductance EM plate
155m of Gonneville-type High-conductance EM plate interpreted position
intrusive (assays pending) Hooley Target
DDH - New (excl. Gonneville)
OPEN Hamelin Target DDH - Prev (excl. Gonneville) • Wide-spaced step-out drilling to validate the
Gonneville Resource pit crest
New intersection seismic interpretation has commenced
0.25m @ 0.4% Ni, Julimar Previous intersection
0.1% Cu, 0.13 % Co
State Forest
0.45m @ 0.6% Cu Surface Geology Interpretation
Hartog Target Gonneville-type Ultramafic
Interp. Gonneville • Drilling 6-10km further north of Gonneville has
Intrusion projection 2.8m @ 0.7g/t 3E Greenstone Sequence
Gneiss intersected a Gonneville-type ultramafic horizon
Granite over ~5.5km of strike length
Seismic Line 2
Hanging Wall Structure
~1.6km Minor Structures
• All holes to date have intersected highly
*350Mt @ 0.96g/t 3E , 0.16% Ni,
OPEN 0.10% Cu, 0.015% Co encouraging evidence of magmatic sulphides
Seismic Line 1
Gonneville Resource: 11Moz 3E, Julimar Nickel-Copper-PGE
560kt Ni, 360kt Cu, 54kt Co Project
(~2.0Mt NiEq or ~20Moz PdEq)* • Drilling at Hamelin-Hann-Hooley targets continues
South Julimar Complex Plan View
– Drill holes, MLEM, over regional with 2 rigs
magnetics (TMI-RTP) 12
6 September 2022