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The Hawkstone Nickel-Copper-Cobalt Project covers ~1,600km in the
                                                                                                                                              2
         frontier and largely unexplored King Leopold Orogen of the west Kimberley





                   600,000mE                         700,000mE                         800,000mE                              • Frontier province highly prospective for
                                                                                                   50km                          magmatic Ni-Cu-Co sulphide deposits
                                                                                                                   N      8,200,000mN  • Minimal modern exploration




                                                                                                                              • 2015 Merlin discovery by Buxton
                                                                                                                                 Resources (ASX: BUX) highlighted
                                                                                                                  WA
                                                                                                                                 potential of Ruins Dolerite

                                                                                                                              • IGO Ltd (ASX: IGO) entered the region in
                                                                 Ruins Area                                                      late 2018 with a  regional JV with Buxton

                     Merlin Ni-Cu-Co
                         Prospect                                                                                             • Chalice a significant player in the belt:
                       (Buxton-IGO)                                                                                       8,100,000mN

                                                                                               EL Applications over
                                                                                                                                                              2
                                                                                              Hart Dolerite outcrop                            • ~500km Ruins Area acquired
            Derby                                                                                                                                  in June 2019
                                                                                                                              Ruins
                                                                                                                              Dolerite         • Immediately SE of Merlin
                                                                                                                                                   (proven host)
                             Chalice Tenure
                             Buxton-IGO JV Tenure
                                                                                                                                                               2
                                                                                                                                               • 1,100km of EL applications
                             Ruins Dolerite (mafic intrusiv e)                                                                                     made in late 2018
                             Hart Dolerite (mafic intrusiv e)                                                                 Hart
        Hawkstone            Kimberley Basin                                                                              8,000,000mN  Dolerite  • Conceptual host to
          Project                                           EL Application over
      Prov ince map and      King Leopold Orogen             area of interpreted                                                                   magmatic sulphides
        licence holders      Canning Basin                  covered Hart Dolerite    Fitzroy Crossing
                                                                                                                                                                                       33
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