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MT EDWARDS UNDER NEOMETALS

Since acquisition in 2018 Neometals have
executed a 3-stage plan

1. Review and re-estimate massive
nickel sulphides within and near
known Mineral Resources

5 of the 11 Mineral Resources at Mt
Edwards have been re-estimated for
Neometals

3 more estimates due in coming months

All estimated Mineral Resources since
mid 2018 have been reviewed by
Snowden

Estimated Mineral Resource Nickel
tonnes up from:

123k nickel tonnes in June 2018

to

146k nickel tonnes in September 2020

Ni grade has been maintained with growth
22
*See full information for Mt Edwards JORC Mineral Resource information on page 46