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Lunnon’s “Kambalda Playbook”














                                                            Significant opportunity
                      • Deep                                     • World                                    • No                                       • Global drive
                 Poised for the next cycle
                         knowledge of                               renowned                                   meaningful                                 for net zero
                         project                                    nickel district                            exploration                                emissions
                                                                                                               for >25 yrs
                      • 39kt Ni in                               • Assets locked                                                                       • Nickel key
                         JORC12*                                    in gold                                 • $15M raised                                 contributor
                                                                    focussed                                   in IPO

                      • 350km of                                    major                                                                              • Sulphide
                         historical drill                                                              Aggressive discovery program  • Extend the   Nickel key forward facing metal  sourced Ni
                         core                                    • Missed last                                 known                                      provides cost
                                                                    nickel price                               resources,                                 & env’

                      • 19 years of                                 boom                                       target the new                             benefits
                         geology
                         records                                                                            • First phase                              • Tesla-BHP
                                                                                                               RC success at                              deal
                                                                                                               East Cooee





                                                       Exposure to gold in a world class, 15 Moz gold belt




                                                                                                   *see Appendix page 17 for detailed breakdown                                           15
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