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VC-07 East Ni-Cu sulphide deposit

Significant size and still growing:

• ~400m long x ~500m deep Long Section A-AA

Average overall mineralised envelope:

• 15m – 30m wide @ 1.0% Ni to 1.5% Ni

Average internal high-grade zones:

• 4m – 8m wide @ 2.0% Ni to 3.0% Ni

500m

4.1m @ 3.34% Ni & 0.87% Cu within 8.4m @ 2.58% Ni & 0.71% Cu (ANDD0061)

4.7m @ 2.93% Ni & 0.40% Cu within 22.6m @ 1.71% Ni & 0.83% Cu (ANDD0046)

4.5m @ 2.72% Ni & 0.59% Cu within 22.6m @ 1.71% Ni & 0.83% Cu (ANDD0046)

5.5m @ 2.12% Ni & 0.61% Cu within 10.5m @ 1.52% Ni & 0.58% Cu (ANDD0047)

4.8m @ 2.18% Ni & 1.06% Cu within 18.2m @ 1.14% Ni & 0.62% Cu (ANDD0063) 400m

(Refer ASX 13 September 2021)

ADVANCING ANDOVER TO MINE DEVELOPMENT 12