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Competent Person Statements

Nickel Mineral Resources as at 25 June 2020

MEASURED INDICATED INFERRED TOTAL
RESOURCE The information in this presentation that
Tonnes Ni (%) Tonnes Ni (%) Tonnes Ni (%) Tonnes Ni (%) Ni tonnes
relates to nickel Exploration Results and
Cassini - - 1,282,000 4.0 194,000 4.1 1,476,000 4.0 58,700
Mineral Resources is based on information
Redross 39,000 4.9 138,000 2.9 67,000 2.9 244,000 3.2 7,900 compiled and reviewed by Mr Hartley, who is a

Burnett - - 241,000 4.0 - - 241,000 4.0 9,700 Member of the Australasian Institute of Mining
and Metallurgy (AusIMM). Mr Hartley is a full-
Miitel 156,000 3.5 408,000 2.8 27,000 4.1 591,000 3.1 18,100
time employee of Mincor Resources NL. Mr
Wannaway - - 110,000 2.6 16,000 6.6 126,000 3.1 3,900 Hartley has sufficient experience that is
Carnilya Hill* 33,000 3.6 40,000 2.2 - - 73,000 2.8 2,100 relevant to the style of mineralisation and type

Otter Juan 2,000 6.9 51,000 4.1 - - 53,000 4.3 2,300 of deposit under consideration and to the
activity that he is undertaking to qualify as
Ken/McMahon** 25,000 2.7 183,000 3.9 54,000 3.2 262,000 3.7 9,600
Competent Person as defined in the 2012
Durkin North - - 417,000 5.3 10,000 3.8 427,000 5.2 22,400 Edition of the Australasian Code for Reporting

Durkin Oxide - - 154,000 3.2 22,000 1.7 176,000 3.0 5,200 of Exploration Results, Mineral Resources and
Gellatly - - 29,000 3.4 - - 29,000 3.4 1,000 Ore Reserves. Mr Hartley consents to the
inclusion in the presentation of the matters
Voyce - - 50,000 5.3 14,000 5.0 64,000 5.2 3,400
based on his information in the form and
Cameron - - 96,000 3.3 - - 96,000 3.3 3,200 context in which it appears.
Stockwell - - 554,000 3.0 - - 554,000 3.0 16,700

Long - - 487,000 4.1 303,000 4.0 750,000 4.2 32,000
TOTAL (incl Long) 256,000 3.7 4,420,000 3.8 708,000 3.9 5,203,000 3.8 196,100
Notes:
Figures have been rounded and hence may not add up exactly to the given totals.
Nickel Mineral Resources are inclusive of nickel Ore Reserves reported at 1.0% Ni cut-off.
* Nickel Mineral Resource shown for Carnilya Hill are those attributable to Mincor – that is, 70% of the total Carnilya Hill nickel Mineral Resource.
** Ken/McMahon also includes Coronet (in the 2010/11 Annual Report it was included in Otter Juan)

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