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CRITICAL RESOURCES LIMITED Capital/Financing Update 2018

Dec 5, 2018

64708_rns_2018-12-05_672ac862-9df1-4cb0-996e-2a347ba86989.pdf

Capital/Financing Update

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6 December 2018

ASX Announcements Office 152–158 St Georges Terrace Perth WA 6000 Australia

WIDESPREAD, HIGH-GRADE LITHIUM MINERALISATION INTERSECTED PHASE 1 RC DRILLING PROGRAM AT KANUKA LITHIUM PRODUCTION PROJECT

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Figure 1: RC drilling at the Kanuka Lithium Production Project in the DRC

  • All lithium assay results now received from the Company’s Phase 1 RC drilling program conducted at the Kanuka Lithium Production Project.

  • Assays confirm the presence of widespread, from-surface, multiple stacked and parallel, high grade lithium mineralised pegmatites.

  • Assays confirm the Kalombo Mushwima Prospect to be highly prospective, less than 2km west of the current opencast tin and tantalum mining operations of the Company’s joint venture partner.

  • Significant intersections include:

  • 23m at 0.89% Li2O from 30m, including 3m at 1.82% Li2O from hole KLJV018

  • 10m at 1.16% Li2O from 24m, including 7m at 1.38% Li2O from hole KJV006

  • 5m at 1.07% Li2O from 3m from hole KLJV011

  • 3m at 1.10% Li2O from 1m, 5m at 1.15% Li2O from 14m and 2m at 0.99% Li2O from 58m and ending in mineralisation from hole KLJV044

  • 6m at 1.09% Li2O from 24m and 6m at 1.18% Li2O from 34m from hole KLJV017

  • 4m at 0.93% Li2O from 18m and 7m at 1.37% Li2O from 39m from hole KLJV007

Force Commodities Ltd | Ground Floor, 20 Kings Park Road, West Perth, WA, 6005 | PO Box 1024 West Leederville WA 6007 Ph: +61 8 6202 6530 | F: +61 8 6323 3347 | web:forcecommodities.com.au | ABN 12 145 184 667 | ASX:4CE

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  • 6m at 1.00% Li2O from 48m and 9m at 0.97% Li2O from 52m and ending in mineralisation from hole KLJV019

  • 3m at 0.90% Li2O from 15m and 9m at 0.97% Li2O from 52m and ending in mineralisation from hole KLJV008

  • 7m at 1.28% Li2O from 52m, including 1m at 2.13% Li2O ending in mineralisation from hole KLJV036

  • 3m at 1.04% Li2O from 8m and from hole KLJV045

  • 10m at 0.79% Li2O from 10m, including 6m at 1.13% Li2O and 4m at 0.88% Li2O from 26m from hole KLJV038

  • Results prove the potential of the Kibaran stratigraphy within the Kanuka Lithium Production Project area to host significant pegmatite-hosted lithium mineralisation.

  • Assay results confirm the potential for higher grade lithium mineralisation at depth, which is to be targeted in the next phase of drilling.

Force Commodities Ltd ( Force or the Company ) (ASX Code: 4CE) is pleased to announce the assay results from the Company’s Phase 1 RC Drilling Program at the Kanuka Lithium Production Project, located in Tanganyika Province in the south east of the Democratic Republic of Congo ( DRC ).

The Kanuka Lithium Production Project is a Joint Venture between Force (51%) and established Congolese tin and tantalum mining company, MMR (49%).

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Figure 2: Force’s current lithium mining and exploration licenses in the DRC

The Joint Venture includes granted Mining License PE13082 and Exploration License PR4100, which together extend over an area of 194km[2] .

The Kanuka Lithium Project Joint Venture is located just 5km immediately south of AVZ Mineral’s ‘worldclass’ Manono-Kitotolo Lithium Project licenses and 20km east of the Company’s Kitotolo-Katamba Lithium Project.

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Phase 1 Drilling Program - Kanuka Lithium Production Project

The Phase 1 RC drilling program conducted in the July to September 2018 period was aimed at rapidly targeting near surface lithium mineralisation (to a depth of ~60m) in a number of identified pegmatite bodies.

The drill program was based on mapping and sampling across MMR’s existing alluvial tin and tantalum mining operations.

The Phase 1 RC drilling program comprised a total of 45 drill holes and a total of 2,733m of drilling.

A total of 2,621 RC samples were collected and dispatched to ALS-Lubumbashi for sample preparation and forwarded to ALS-Johannesburg for routine (ME-MS61 48 element four acid digest) sample analysis.

All significant intersections returned from the Phase 1 drilling are listed in Appendix 1.

Details of the collar positions and depths of all drill holes are summarised in Appendix 2.

Drill Fences 1, 2 and 3 targeted the Kania Main Pegmatite and Drill Fence 4 targeted parallel pegmatites identified in an area referred to as the ‘Kalombo Mushwima Prospect’.

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Figure 3: Schematic plan view highlighting geology and completed Phase 1 drilling program

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Force completed geological mapping, rock-chip and limited auger sampling undertaken by Force had shown the lithium mineralisation to be hosted within pegmatites, with a Lithium-Caesium-Tantalum “LCT”- geochemical affinity, exposed at surface and in the floor of pits extending beneath alluvial cover.

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Figure 4: Drilling Activities at KLJV022 at the Kanuka Lithium Production Project

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Figure 5: Samples from the Phase 1 RC drilling at the Kanuka Lithium Production Project

The assay results now received have confirmed that the drilling program has successfully intersected multiple and stacked lithium bearing pegmatite veins over an initial inferred strike of 1.3km at the Kania Main Pegmatite located inside the main open pit mining operation and over a width of up to 300m.

In addition, assays have confirmed that drilling at the Kalombo Mushwima Prospect, west of the Kania Main pegmatite, which has identified a very significant, shallow and broad lithium mineralised system over a width of 1.4km and which remains open in all directions.

Kalombo Mushwima Prospect

A total of 16 RC holes were drilled at the Kalombo Mushwima Prospect.

The drilling determined that the pegmatite dips gently 20[0 ] - 27[0] towards the north-west and identified a series of closely spaced, stacked pegmatite veins occurring as intercalations within a regional gneiss unit. These pegmatite veins are parallel to the regional foliation and range to over 60m in width.

Assay Results

Assays results from the RC drilling at the Kalombo Mushwima Prospect confirm a heavily and high-grade lithium mineralised system that remains open in all directions.

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Significant assay results from the Phase 1 RC drilling program at the Kalombo Mushwima Prospect include:

  • 7m at 1.28% Li2O from 52m, including 1m at 2.13% Li2O ending in mineralisation from drill hole KLJV036

  • 10m at 0.79% Li2O from 10m, including 6m at 1.13% Li2O and 4m at 0.88% Li2O from 26m from drill hole KLJV038

  • 3m at 0.91% Li2O from 5m from drill hole KLJV041

  • 2m at 1.11% Li2O from 18m from drill hole KLJV042

  • 3.0m at 0.80% Li2O from 15m from drill hole KLJV043

  • 3m at 1.10% Li2O from 1m, 5m at 1.15% Li2O from 12m and 2m at 0.99% Li2O from 58m and ending in mineralisation from hole KLJV044

  • 3m at 1.04% Li2O from 8m from drill hole KLJV045

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Figure 6: Schematic cross section of Kalombo Mushwima Prospect and significant drilling results – and extended section (A+B).

The close spaced RC drill holes KLJV030 to KLJV043 confirm significant lithium mineralisation from surface in multiple pegmatites.

RC drill holes KLJV044 and KLJV045 completed on a wider spacing indicate favourably that the Kalombo Mushwima Prospect pegmatites extends 1km to the east.

The results indicate the potential for broader higher grade lithium mineralisation at depth, with a number of drill holes showing improving lithium grades with depth and ending in mineralisation.

Force is planning further RC drilling at the Kalombo Mushwima Prospect, targeting potential extensions down-dip and along strike from the lithium mineralisation currently delineated, before undertaking a 1,000m diamond drilling program to ascertain structural orientation and to further constrain lithium mineralisation.

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Kania Main Pegmatite

A total of 29 RC holes were drilled at the Kania Main Pegmatite.

The drilling demonstrates that the Kania Main Pegmatite dips gently at 20[0 ] - 27[0] towards the north-west and, importantly beyond the current area of alluvial mining operations.

The Kania Main Pegmatite comprises a series of stacked pegmatite veins that are hosted by a regional gneiss unit. These pegmatite veins are parallel to the regional foliation and range in size from 1m to over 60m in width.

Assay Results

The assay results received have confirmed that the drilling program has successfully intersected multiple and stacked lithium bearing pegmatite veins over an initial inferred strike of 1.3km at the Kania Main Pegmatite located inside the main open pit mining operation and over a width of up to 300m.

Assays results indicate the current mineralisation is open in all directions.

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Figure 7: Schematic cross section highlighting Fence 1 and significant drilling results.

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Figure 8: Schematic cross section highlighting Fence 2 and significant drilling results.

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Figure 9: Schematic cross section highlighting Fence 3 and significant drilling results.

Significant assay results from the Phase 1 RC drilling program at the at the Kania Main Pegmatite include:

  • 10m at 1.16% Li2O from 24m, including 7m at 1.38% Li2O from hole KJV006

  • 6m at 1.00% Li2O from 48m and 9m at 0.97% Li2O from 52m and ending in mineralisation from hole KLJV019

  • 23m at 0.89% Li2O from 30m, including 3m at 1.82% Li2O from hole KLJV018

  • 5m at 1.07% Li2O from 5m from hole KLJV011

  • 6m at 1.09% Li2O from 24m and 6m at 1.18% Li2O from 34m from hole KLJV017

  • 4m at 0.93% Li2O from 18m and 7m at 1.37% Li2O from 39m from hole KLJV007

  • 3m at 0.90% Li2O from 15m and 9m at 0.97% Li2O from 52m from hole KLJV008

  • 2m at 1.17% Li2O from 37m from hole KLJV023

  • 3m at 1.16% Li2O from 41m from hole KLJV026

  • 2m at 1.29% Li2O from 39m from hole KLJV027

Further phases of RC drilling are currently being planned, targeting depth extensions of the intercepts and further step outs along strike of the current Phase 1 drilling.

The Company has again engaged Geolabs Global (Pty) Ltd (South Africa) in Johannesburg to complete XRD analyses of selected high-grade lithium samples to provide further information on the lithia mineralogy. Results of these analyses will be released once results have been received.

The Company is also pleased to confirm that it has also transported the remaining samples from the Phase 1 RC drilling program at its Kitotolo-Katamba Lithium Project in the DRC to Lubumbashi, where the samples will be prepared and transported to ALS in Johannesburg for assaying.

END

For further information contact:

Jason Brewer Managing Director Force Commodities Limited Tel: +61 (0) 8 6462 1421

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Competent Person Statement

The information in this release that relates to sampling techniques and data, exploration results, geological interpretation and Exploration Targets, Mineral Resources or Ore Reserves has been compiled by Mr James Sullivan is a member of the Australian Institute of Geoscientists. Mr Sullivan is engaged by Force Commodities as a fulltime employee of Force Commodities Ltd.

Mr Sullivan has sufficient experience of relevance to the styles of mineralisation and the types of deposits under consideration, and to the activities undertaken, to qualify as a Competent Person as defined in the 2012 Edition of the Joint Ore Reserves Committee (JORC) Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves. Mr Sullivan consents to the inclusion in this report of the matters based on information in the form and context in which it appears.

Forward looking statements

Information included in this release constitutes forward-looking statements. Often, but not always, forward looking statements can generally be identified by the use of forward looking words such as “may”, “will”, “expect”, “intend”, “plan”, “estimate”, “anticipate”, “continue”, and “guidance”, or other similar words and may include, without limitation, statements regarding plans, strategies and objectives of management, anticipated production or construction commencement dates and expected costs or production outputs.

Forward looking statements inherently involve known and unknown risks, uncertainties and other factors that may cause the Company’s actual results, performance and achievements to differ materially from any future results, performance or achievements. Relevant factors may include, but are not limited to, changes in commodity prices, foreign exchange fluctuations and general economic conditions, increased costs and demand for production inputs, the speculative nature of exploration and project development, including the risks of obtaining necessary licences and permits and diminishing quantities or grades of reserves, political and social risks, changes to the regulatory framework within which the company operates or may in the future operate, environmental conditions including extreme weather conditions, recruitment and retention of personnel, industrial relations issues and litigation.

Forward looking statements are based on the Company and its management’s good faith assumptions relating to the financial, market, regulatory and other relevant environments that will exist and affect the Company’s business and operations in the future. The Company does not give any assurance that the assumptions on which forward looking statements are based will prove to be correct, or that the Company’s business or operations will not be affected in any material manner by these or other factors not foreseen or foreseeable by the Company or management or beyond the Company’s control.

Although the Company attempts and has attempted to identify factors that would cause actual actions, events or results to differ materially from those disclosed in forward looking statements, there may be other factors that could cause actual results, performance, achievements or events not to be as anticipated, estimated or intended, and many events are beyond the reasonable control of the Company. Accordingly, readers are cautioned not to place undue reliance on forward looking statements. Forward looking statements in these materials speak only at the date of issue. Subject to any continuing obligations under applicable law or any relevant stock exchange listing rules, in providing this information the company does not undertake any obligation to publicly update or revise any of the forward-looking statements or to advise of any change in events, conditions or circumstances on which any such statement is based.

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APPENDIX 1

Summary of the significant assay results from the Phase 1 RC drilling and reported in this ASX release.

HOLE ID Dataset Grid_North Grid_East (m)_from (m)_to Interval/Grade Comments
KLJV001 Kanuka 9166833 544781 (NSR) No significant result(NSR)
KLJV002 Kanuka 9166854 544739 (NSR) No significant result(NSR)
KLJV003 Kanuka 9166907 544650 7 8 [email protected] Li2O
KLJV004 Kanuka 9166906 544657 (NSR)
KLJV005 Kanuka 9166940 544618 36 42 [email protected] %Li20
KLJV005 38 40 Incl. [email protected]
KLJV006 Kanuka 9166964 544575 24 34 [email protected] %Li2O
KLJV006 Kanuka 9166964 544575 29 36 Incl. [email protected] %Li2O
KLJV006 Kanuka 9166964 544575 54 60 [email protected] %Li2O Ended in Mineralisation
KLJV006 Kanuka 9166964 544575 56 60 Incl. [email protected]
KLJV007 Kanuka 9166989 544538 18 22 [email protected] %Li2O
KLJV007 Kanuka 9166989 544538 28 31 [email protected] %Li2O
KLJV007 Kanuka 9166989 544538 39 46 [email protected] %Li2O
KLJV007 Kanuka 9166989 544538 56 60 [email protected] %Li2O Ended in Mineralisation
KLJV008 Kanuka 9167020 544495 15 18 [email protected] %Li2O
KLJV008 Kanuka 9167020 544495 51 60 [email protected] %Li2O Ended in Mineralisation
KLJV009 Kanuka 9167048 544451 3 5 [email protected] %Li2O
KLJV009 Kanuka 9167048 544451 6 12 [email protected] %Li2O
KLJV009 Kanuka 9167048 544451 58 60 [email protected] %Li2O Ended in Mineralisation
KLJV010 Kanuka 9167077 544414 11 12 [email protected] %Li2O
KLJV010 Kanuka 9167077 544414 26 31 [email protected] %Li20
KLJV010 Kanuka 9167077 544414 35 36 [email protected] %Li2O
KLJV011 Kanuka 9167103 544378 3 8 [email protected] %Li2O
KLJV011 Kanuka 9167103 544378 37 48 [email protected] %Li2O
KLJV012 Kanuka 9167154 544334 19 22 [email protected] %Li2O
KLJV013 Kanuka 9167160 544280 32 36 [email protected] %Li2O
KLJV014 Kanuka 9167189 544256 44 47 [email protected] %Li2O
KLJV015 Kanuka 9167213 544207 (NSR)
KLJV016 Kanuka 9167238 544156 (NSR)
KLJV017 Kanuka 9166082 543887 8 10 [email protected] %Li2O
KLJV017 Kanuka 9166082 543887 11 12 [email protected] %Li2O
KLJV017 Kanuka 9166082 543887 17 19 [email protected] %Li2O
KLJV017 Kanuka 9166082 543887 24 30 [email protected] %Li2O
KLJV017 Kanuka 9166082 543887 Incl. [email protected] %Li2O
KLJV017 Kanuka 9166082 543887 34 40 [email protected] %Li2O
KLJV017 Kanuka 9166082 543887 Incl. [email protected] %Li2O
KLJV018 Kanuka 9166114 543862 8 9 [email protected] %Li2O
KLJV018 Kanuka 9166114 543862 25 26 [email protected] %Li2O
KLJV018 Kanuka 9166114 543862 30 32 [email protected] %Li2O
KLJV018 Kanuka 9166114 543862 34 58 [email protected] %Li2O
KLJV018 Kanuka 9166114 543862 Incl. [email protected] %Li2O
KLJV018 Kanuka 9166114 543862 Incl. [email protected] %Li2O
KLJV018 Kanuka 9166114 543862 incl. [email protected] %Li2O
KLJV018 Kanuka 9166114 543862 Incl. [email protected]
KLJV019 Kanuka 9166140 543828 17 19 [email protected] %Li2O
KLJV019 Kanuka 9166140 543828 27 28 [email protected] %Li2O
KLJV019 Kanuka 9166140 543828 48 54 [email protected] %Li2O
KLJV020 Kanuka 9166176 543794 30 32 [email protected] %Li2O
KLJV020 Kanuka 9166176 543794 48 49 [email protected] %Li2O

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HOLE ID Dataset Grid_North Grid_East (m)_from (m)_to Interval/Grade Comments
KLJV020 Kanuka 9166176 543794 51 52 [email protected] %Li2O
KLJV021 Kanuka 9166209 543769 51 52 [email protected] %Li2O
KLJV022 Kanuka 9166253 543734 (NSR)
KLJV023 Kanuka 9166289 543696 12 21 [email protected] %Li2O
KLJV023 Kanuka 9166289 543696 37 39 [email protected] %Li2O
KLJV023 Kanuka 9166289 543696 59 60 [email protected] %Li2O Ended in mineralisation
KLJV024 Kanuka 9166134 543539 42 45 [email protected] %Li2O
KLJV025 Kanuka 9166089 543566 25 27 [email protected] %Li2O
KLJV025 Kanuka 9166089 543566 31 32 [email protected] %Li2O
KLJV025 Kanuka 9166089 543566 52 53 [email protected] %li2O
KLJV026 Kanuka 9166050 543588 41 44 [email protected] %Li2O
KLJV027 Kanuka 9166023 543634 39 41 [email protected] %Li2O
KLJV028 Kanuka 9165986 543671 5 6 [email protected] %Li2O
KLJV029 Kanuka 9165950 543699 4 9 [email protected] %Li2O
KLJV030 Kanuka 9166102 541567 14 16 [email protected] %Li2O
KLJV030 Kanuka 9166102 541567 19 20 [email protected] %Li2O
KLJV030 Kanuka 9166102 541567 41 43 [email protected] %Li2O
KLJV030 Kanuka 9166102 541567 57 60 [email protected] % Li2O Ended in mineralisation
KLJV030 Kanuka 9166102 541567 Incl. [email protected] EOH
KLJV031 Kanuka 9166102 541616 3 6 [email protected]%Li2O
KLJV031 Kanuka 9166102 541616 15 18 [email protected]
KLJV031 Kanuka 9166102 541616 32 33 [email protected] %Li2O
KLJV031 Kanuka 9166102 541616 36 37 [email protected] %Li2O
KLJV031 Kanuka 9166102 541616 45 54 [email protected] %Li2O
KLJV032 Kanuka 9166146 541666 2 4 [email protected] %Li2O
KLJV032 Kanuka 9166146 541666 15 18 [email protected] %Li2O
KLJV032 Kanuka 9166146 541666 33 36 [email protected] %Li2O
KLJV032 Kanuka 9166146 541666 39 45 [email protected] %Li2O
KLJV032 Kanuka 9166146 541666 54 56 [email protected] %Li2O
KLJV032 Kanuka 9166146 541666 58 60 [email protected] %Li2O Ended in mineralisation
KLJV033 Kanuka 9166202 541718 7 10 [email protected] %Li20
KLJV033 Kanuka 9166202 541718 24 26 [email protected]%Li2O
KLJV033 Kanuka 9166202 541718 35 37 [email protected]%Li2O
KLJV033 Kanuka 9166202 541718 38 51 [email protected] %Li2O
KLJV034 Kanuka 9166266 541770 7 8 [email protected]%Li2O
KLJV034 Kanuka 9166266 541770 34 36 [email protected]%Li2O
KLJV034 Kanuka 9166266 541770 43 45 [email protected]%Li2O
KLJV034 Kanuka 9166266 541770 49 51 [email protected]%Li2O
KLJV034 Kanuka 9166266 541770 53 55 [email protected]%Li2O
KLJV035 Kanuka 9166313 541824 2 7 [email protected]%Li2O
KLJV035 Kanuka 9166313 541824 18 19 [email protected]%Li2O
KLJV035 Kanuka 9166313 541824 28 29 [email protected]%Li2O
KLJV035 Kanuka 9166313 541824 41 43 [email protected]%Li2O
KLJV035 Kanuka 9166313 541824 59 60 [email protected]%Li2O Ended in mineralisation
KLJV036 Kanuka 9166329 541866 15 16 [email protected]%Li2O
KLJV036 Kanuka 9166329 541866 30 32 [email protected]%Li2O
KLJV036 Kanuka 9166329 541866 42 44 [email protected]%Li2O
KLJV036 Kanuka 9166329 541866 52 59 [email protected]%Li2O
KLJV036 Kanuka 9166329 541866 55 56 incl. 1m at 2.13%Li2O Ended in Mineralisation
KLJV037 Kanuka 9166319 541918 11 13 [email protected]%Li2O
KLJV037 Kanuka 9166319 541918 42 51 [email protected] %Li2O
KLJV037 Kanuka 9166319 541918 57 58 [email protected]%Li2O
KLJV038 Kanuka 9166299 541984 6 9 [email protected]%Li2O

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HOLE ID Dataset Grid_North Grid_East (m)_from (m)_to Interval/Grade Comments
KLJV038 Kanuka 9166299 541984 10 20 [email protected]%Li2O
KLJV038 Kanuka 9166299 541984 incl. [email protected]%Li2O
KLJV038 Kanuka 9166299 541984 26 30 [email protected]%Li2O
KLJV038 Kanuka 9166299 541984 49 50 [email protected]%Li2O
KLJV039 Kanuka 9166259 542033 52 53 [email protected]%Li2O
KLJV040 Kanuka 9166096 541502 43 44 [email protected]%Li2O
KLJV041 Kanuka 9166093 541455 3 8 [email protected]%Li2O
KLJV042 Kanuka 9166087 541409 18 20 [email protected]%Li2O
KLJV042 Kanuka 9166087 541409 43 44 [email protected]%Li2O
KLJV043 Kanuka 9166095 541354 15 18 [email protected]%Li2O
KLJV043 Kanuka 9166095 541354 40 41 [email protected]%Li2O
KLJV044 Kanuka 9166163 542392 1 4 [email protected]%Li2O
KLJV044 Kanuka 9166163 542392 12 17 [email protected]%Li2O
KLJV044 Kanuka 9166163 542392 58 60 [email protected]%Li2O Ended in mineralisation
KLJV045 Kanuka 9166173 542740 8 11 [email protected]%Li2O
KLJV045 Kanuka 9166173 542740 17 18 [email protected]%Li2O
KLJV045 Kanuka 9166173 542740 59 60 [email protected]%Li2O Ended in mineralisation

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APPENDIX 2

Summary of the Phase 1 RC drilling completed and reported in this ASX release.

Dataset Hole ID Type Depth Northing Easting RL Grid ID Azim Dip
Kanuka KLJV001 AC/RC 60 9166833 544781 631 WGS84_35S 125 -60
Kanuka KLJV002 AC/RC 60 9166854 544739 631 WGS84_35S 125 -60
Kanuka KLJV003 AC/RC 60 9166907 544650 631 WGS84_35S 125 -60
Kanuka KLJV004 AC/RC 60 9166906 544657 631 WGS84_35S 125 -60
Kanuka KLJV005 AC/RC 60 9166940 544618 631 WGS84_35S 125 -60
Kanuka KLJV006 AC/RC 60 9166964 544575 631 WGS84_35S 125 -60
Kanuka KLJV007 AC/RC 60 9166989 544538 631 WGS84_35S 125 -60
Kanuka KLJV008 AC/RC 60 9167020 544495 631 WGS84_35S 125 -60
Kanuka KLJV009 AC/RC 60 9167048 544451 631 WGS84_35S 125 -60
Kanuka KLJV010 AC/RC 60 9167077 544414 631 WGS84_35S 125 -60
Kanuka KLJV011 AC/RC 60 9167103 544378 631 WGS84_35S 125 -60
Kanuka KLJV012 AC/RC 60 9167154 544334 631 WGS84_35S 125 -60
Kanuka KLJV013 AC/RC 60 9167160 544280 631 WGS84_35S 125 -60
Kanuka KLJV014 AC/RC 60 9167189 544256 631 WGS84_35S 125 -60
Kanuka KLJV015 AC/RC 60 9167213 544207 631 WGS84_35S 125 -60
Kanuka KLJV016 AC/RC 60 9167238 544156 631 WGS84_35S 125 -60
Kanuka KLJV017 AC/RC 60 9166082 543887 631 WGS84_35S 134 -60
Kanuka KLJV018 AC/RC 60 9166114 543862 631 WGS84_35S 134 -60
Kanuka KLJV019 AC/RC 60 9166140 543828 631 WGS84_35S 134 -60
Kanuka KLJV020 AC/RC 60 9166176 543794 631 WGS84_35S 134 -60
Kanuka KLJV021 AC/RC 60 9166209 543769 631 WGS84_35S 134 -60
Kanuka KLJV022 AC/RC 60 9166253 543734 631 WGS84_35S 134 -60
Kanuka KLJV023 AC/RC 60 9166289 543696 631 WGS84_35S 134 -60
Kanuka KLJV024 AC/RC 60 9166134 543539 631 WGS84_35S 138 -60
Kanuka KLJV025 AC/RC 60 9166089 543566 631 WGS84_35S 138 -60
Kanuka KLJV026 AC/RC 60 9166050 543588 631 WGS84_35S 138 -60
Kanuka KLJV027 AC/RC 60 9166023 543634 631 WGS84_35S 138 -60
Kanuka KLJV028 AC/RC 60 9165986 543671 631 WGS84_35S 138 -60
Kanuka KLJV029 AC/RC 60 9165950 543699 631 WGS84_35S 138 -60
Kanuka KLJV030 AC/RC 60 9166102 541567 631 WGS84_35S 87 -60
Kanuka KLJV031 AC/RC 60 9166102 541616 631 WGS84_35S 87 -60
Kanuka KLJV032 AC/RC 60 9166146 541666 631 WGS84_35S 87 -60
Kanuka KLJV033 AC/RC 60 9166202 541718 631 WGS84_35S 87 -60
Kanuka KLJV034 AC/RC 60 9166266 541770 631 WGS84_35S 87 -60
Kanuka KLJV035 AC/RC 60 9166313 541824 631 WGS84_35S 87 -60
Kanuka KLJV036 AC/RC 60 9166329 541866 631 WGS84_35S 87 -60
Kanuka KLJV037 AC/RC 60 9166319 541918 631 WGS84_35S 87 -60
Kanuka KLJV038 AC/RC 60 9166299 541984 631 WGS84_35S 87 -60
Kanuka KLJV039 AC/RC 60 9166259 542033 631 WGS84_35S 87 -60
Kanuka KLJV040 AC/RC 60 9166096 541502 631 WGS84_35S 87 -60
Kanuka KLJV041 AC/RC 60 9166093 541455 631 WGS84_35S 87 -60
Kanuka KLJV042 AC/RC 60 9166087 541409 631 WGS84_35S 87 -60
Kanuka KLJV043 AC/RC 60 9166095 541354 631 WGS84_35S 87 -60
Kanuka KLJV044 AC/RC 60 9166163 542392 631 WGS84_35S 87 -60
Kanuka KLJV045 AC/RC 60 9166173 542740 631 WGS84_35S 87 -60

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APPENDIX 3 – JORC Code, 2012 Edition – Table 1 Report

Section 1 Sampling Techniques and Data

Criteria JORC Code explanation Commentary
Sampling
techniques
>Nature and quality of sampling (e.g. cut
channels, random chips, or specific
specialised industry standard measurement
tools appropriate to the minerals under
investigation, such as downhole gamma
sondes, or handheld XRF instruments, etc.).
These examples should not be taken as
limiting the broad meaning of sampling.
>Include reference to measures taken to
ensure sample representivity and the
appropriate calibration of any
measurement tools or systems used.
>Aspects of the determination of mineralisation
that are Material to the Public Report. In
cases where ‘industry standard’ work has
been done this would be relatively simple
(e.g. ‘reverse circulation drilling was used to
obtain 1 m samples from which 3 kg was
pulverised to produce a 30 g charge for fire
assay’). In other cases more explanation may
be required, such as where there is coarse
gold that has inherent sampling problems.
Unusual commodities or mineralisation types
(e.g. submarine nodules) may warrant
disclosure of detailed information.
Drilling geology results reported herein relate to Reverse Circulation (RC)
drillholes at Kanuka Lithium Production Project. A full list of hole collars
that includes coordinates, azimuth, dip and depth can be found in Drillhole
Information Appendix 1, and significant pegmatite intercepts information
is contained tables in the body of the report and as Appendix 2.
The azimuth of Force’s drill holes is oriented approximately perpendicular to
the interpreted strike of the mineralised trend. Holes are weakly oblique to
orthogonal in a dip sense (see cross-sections).

Forces RC drill spoils are collected into two sub-samples:

1 metre split sample, is homogenized and riffle split at the sample prep
facility and then calico-bagged. Usually these weigh 2-3 kg.

30-40 kg primary sample is collected in polyweave bags and retained
until assays have been returned and deemed reliable for reporting purposes.
Drilling
techniques
>Drill type (e.g. core, reverse circulation, open-
hole hammer, rotary air blast, auger, Bangka,
sonic, etc.) and details (e.g. core diameter,
triple or standard tube, depth of diamond tails,
face-sampling bit or other type, whether core is
oriented and if so, by what method, etc.).
RC Drilling technique used by Force and reported herein comprises standard
Reverse Circulation (RC) 4 and ¾ inch face sampling hammer (5.5-
inchdiameter bit). The rig used is a custom made RC rig and running a 2000
CFM 750 psi compressor.
The RC rig is operated by Equity Drilling (DRC),
Drill sample
recovery
>Method of recording and assessing core and
chip sample recoveries and results assessed.
>Measures taken to maximise sample
recovery and ensure representative nature of
the samples.
>Whether a relationship exists between
sample recovery and grade and whether
sample bias may have occurred due to
preferential loss/gain of fine/coarse material.
RC sample recoveries are weighed and recorded by 4CE for each metre.
To date sample recoveries have averaged >90%.
• Contamination is monitored regularly. Minor issues have been encountered in
this program, due to large amounts of ground water.
• The cyclone and splitter are regularly cleaned using compressed air, especially in
wet intervals.
• Drill collars are sealed to prevent sample loss and holes are normally drilled
dry to prevent poor recoveries and contamination caused by water ingress.
Wet intervals are noted in case of unusual results
Logging >Whether core and chip samples have been
geologically and geotechnically logged to a
level of detail to support appropriate
Mineral Resource estimation, mining
studies and metallurgical studies.
>Whether logging is qualitative or
quantitative in nature. Core (or costean,
channel, etc.) photography.
>The total length and percentage of
the relevant intersections logged.
Standard sample logging procedures are utilised by 4CE, including logging codes
for lithology, minerals, weathering etc.
• A chip tray for the entire RC or RAB hole is completed. A sub-sample is
sieved from the large RC bags at site into chip trays over the pegmatite
interval to assist in geological logging.
• Geology of the RC and RAB drill chips were logged on a metre basis with
attention to main rock forming minerals within the pegmatite intersections.
• Entire drilled interval of RC logged.
• Pegmatite sections are also checked under a LW/SW UV light for
mineral identification on an ad hoc basis. These only provide indicative
qualitative information.

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Section 2 Reporting of Exploration Results

Criteria JORC Code explanation Commentary
Verification of
sampling
and assaying
>The verification of significant
intersections by either independent or
alternative company personnel.
>The use of twinned holes.
>Documentation of primary data, data
entry procedures, data verification,
data storage (physical and electronic)
protocols.
>Discuss any adjustment to assay data.
4CE’s project geologists are supervised by 4CE’s Head of Exploration
• All field data is entered into excel spreadsheets (supported by look-up
tables) at site and subsequently validated as it is imported into the
centralised 4CE database.
• Hard copies of survey and sampling data are stored in the local office and
electronic data is stored on multiple backup hard drive
Samples were assayed for a multi element suite of 48 elements. However, the
presented data has been reduced to just Li. In addition Li2O has been reported. It
has been calculated from the reported assay result for Li in ppm. The calculation is
%Li2O = (ppm Li x 2.153)/10000 and the presented results have been rounded to
the second decimal place.
No adjustments have been made to reported assay data.
Location of data points >Accuracy and quality of surveys used to
locate drill holes (collar and down-hole
surveys), trenches, mine workings and
other locations used in Mineral Resource
estimation.
>Specification of the grid system used.
>Quality and adequacy of topographic
control.
The geological data, including start-point, end-points have been surveyed using
handheld GPS devices, giving an accuracy of +/- 3m in open-ground.
WGS84 UTM (Zone 35S)
No topographic survey has been undertaken. Hand held GPS coordinates have
been utilised to locate sampling to date.
Data spacing and
distribution
>Data spacing for reporting of
Exploration Results.
>Whether the data spacing, and
distribution is sufficient to establish the
degree of geological and grade continuity
appropriate for the Mineral Resource and
Ore Reserve estimation procedure(s)
and classifications applied.
>Whether sample compositing has been
applied.
Between 300m along strike and between 50 and 200m down-dip across strike.
Refer figures in report.
This data may be used to support a resource in the future, but only once
the drill density has been assessed as sufficient to do so. If not, infill drilling
may be required so that confidence is improved sufficiently to do so.
Not applicable as no resource estimation. Sampling undertaken to date was of a
reconnaissance nature and wide spread along geologic bodies.
No sample compositing was used or reported in results
Orientation of data in
relation to geological
structure
>Whether the orientation of sampling
achieves unbiased sampling of possible
structures and the extent to which this is
known, considering the deposit type.
>If the relationship between the
drilling orientation and the
orientation of key mineralised
structures is considered to have
introduced a sampling bias, this
should be assessed and reported
if material.
Force’s drilling is oriented perpendicular to the interpreted strike of
mineralisation (pegmatite body) as mapped or predicted by the geological
model. In some areas the rocks may trend at an angle to the drill traverse.
Because of the dip of the hole, drill intersections are apparent thicknesses
and overall geological context is needed to estimate true thicknesses.
All drill holes are orientated -600and were inclined and drilled orthogonal to the
strike of the pegmatite. None-the-less, modern exploration software is easily able to
visualize these in 3 dimensions and integrate the drill traces with more recently
surveyed drilling by 4CE and, which were oriented approximately perpendicular to
the interpreted strike of the mineralised trend.
Results to date, indicate drilling was orientated correctly.
Sample security >The measures taken to ensure sample
security.
Rock chip samples were shipped directly from the field by the company in sealed
polyweave bags or similar containers using a reputable transport company with
shipment tracking capability so that a chain of custody can be maintained. Each bag
was sealed with a security strap tag as used by ITRI protocols. The samples were
locked in a shed if they were stored overnight at any point during transit, including
at the drill site prior to shipping. The laboratory confirmed the integrity of the rice bag
seals upon receipt
Audits or
reviews
>The results of any audits or
reviews of sampling techniques
and data.
The sampling techniques and data have been reviewed and the assay results are
believed to give a reliable indication of the lithium mineralisation within the samples.

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Criteria JORC Code explanation Commentary
Mineral
tenement
and land
tenure status
>
Type, reference name/number, location
and ownership including agreements or
material issues with third parties such as
joint ventures, partnerships, overriding
royalties, native title interests, historical
sites, wilderness or national park and
environmental settings.
>
The security of the tenure held at the time
of reporting along with any known
impediments to obtaining a licence to
operate in the area.
The Kanuka licences consist of both Exploitation Permits and Research Permits PE 13082
(renewal) valid for 30 years and Exploitation Permit PR4100 valid for 5 years with further
renewals of 5 years.
See above, no other known impediments.
Exploration done
by other parties
>
Acknowledgment and appraisal of
exploration by other parties.
The licence area is currently being mined for tin and tantalum including “Coltan” through a
series of alluvial open pits, the largest over a total length of approximately 3km excavated by
MMR and artisanal miners.
Apart from the mining and test pit excavations, there has been no other exploration licences below
alluvial layers and no lithium exploration has taken place.
Geology >
Deposit type, geological setting and style
of mineralisation.
The Kanuka Project is an early stage exploration project in terms of Lithium potential.
There are high grade lithium occurrences only at this stage. Further exploration
programs will be required to determine whether the project has further economic
potential.
The Project lies within the mid-Proterozoic Kibaran Belt - an intracratonic domain,
stretching for over 1,300 km through Katanga and into southwest Uganda. The belt
strikes predominantly SW-NE and is truncated by the NS to NNW-SSE trending
Western Rift system.
The Kibaran comprises a sedimentary and volcanic sequence that has been folded,
metamorphosed and intruded by at least four separate phases of granite. The latest
granite phase (900 to 950 My ago) is assigned to the Katangan cycle and is associated
with widespread vein and pegmatite mineralisation containing tin, Tungsten,
Tantalum, Niobium, Lithium and Beryllium.
Deposits of this type occur as clusters and are widespread throughout the Kibaran
terrain. In the DRC, the Katanga Tin Belt stretches over 500 km from near Kolwezi in
the southwest to Kalemie in the northeast comprising numerous occurrences and
deposits of which the AVZ (Manono) deposit is currently the largest.
The geology of the Manono area is poorly documented and no reliable maps of local
geology have been observed for the licence area.
Drill hole
Information
>
A summary of all information material to
the understanding of the exploration
results including a tabulation of the
following information for all Material
drill holes:
>
easting and northing of the drill hole collar
>
elevation or RL (Reduced Level – elevation
above sea level in metres) of the drill hole
collar
>
dip and azimuth of the hole
>
down hole length and interception depth
>
hole length.
>
If the exclusion of this information is
justified on the basis that the information
is not Material and this exclusion does
not detract from the understanding of the
report, the Competent Person should
Drill hole information is tabled as Appendix 1 in the report.

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Data
aggregation
methods
>
In reporting Exploration Results, weighting
averaging techniques, maximum and/or
minimum grade truncations (e.g. cutting of
high grades) and cut-off grades are usually
Material and should be stated.
>
Where aggregate intercepts incorporate
short lengths of high-grade results and
longer lengths of low grade results, the
procedure used for such aggregation
should be stated and some typical
examples of such aggregations should be
shown in detail.
>
The assumptions used for any reporting of
metal equivalent values should be clearly
stated.
All results being reported for RC drill samples are based on 1 metre intervals to
provide a 2-3kg sample.
No top/lower cut have been applied.
At this stage it is considered that an insufficient data set has been collected to allow
geostatistical methods of any relevance. Methodology may change as the collected
dataset increase
Not included in the reported results
Relationship
between
mineralisation
widths and
intercept lengths
>
These relationships are particularly
important in the reporting of Exploration
Results.
>
If the geometry of the mineralisation with
respect to the drill hole angle is known,
its nature should be reported.
>
If it is not known and only the down hole
lengths are reported, there should be a
clear statement to this effect (e.g. ‘down
hole length, true width not known’).
The nature of drillholes with respect to geology is discussed above.
Because of the dip of the hole, drill intersections are apparent thicknesses
and overall geological context is needed to estimate true thicknesses.
Refer to figures in report.
All results being reported for pegmatites mineralisation are based on 1m interval
lengths. The mineralisation and host rocks are interpreted to dip consistently
between 200and 270NW.
The geometry of the mineralisation reported is not well understood, as it is under
cover and early stage exploration, however the pegmatite is not of uniform thickness
and their orientations vary down-dip and along strike.
No top/lower cut have been applied.
Diagrams >Appropriate maps and sections (with
scales) and tabulations of intercepts should
be included for any significant discovery
being reported. These should include, but
not be limited to a plan view of drill hole
collar locations and appropriate sectional
views.
Refer to this press release body of text
Balanced
reporting
>Where comprehensive reporting of all
Exploration Results is not practicable,
representative reporting of both low and
high grades and/or widths should be
practiced to avoid misleading reporting of
Exploration Results.
Due to the nature of the early stage project status and limited sampling to date, the
results should be considered indicative only and not material. All results should be
considered in the limited context of the sampling program. The samples collected to
date are considered representative of the intersected mineralisation.
Other
substantive
exploration data
>Other exploration data, if meaningful and
material, should be reported including (but
not limited to): geological observations;
geophysical survey results; geochemical
survey results; bulk samplessize and
method of treatment; metallurgical test
results; bulk density, groundwater,
geotechnical and rock characteristics;
potential deleterious or contaminating
substances.
No further data available.
Further work >
The nature and scale of planned further
work (e.g. tests for lateral extensions or
depth extensions or large-scale step-
out drilling).
>Diagrams clearly highlighting the areas of
possible extensions, including the main
geological interpretations and future drilling
areas, provided this information is not
commercially sensitive.
Further work may include mapping, soil sampling and bed rock sampling for
geochemical anomalies to identify prospective target zones and then small amount of drill
testing of higher priority targets. RC/ Diamond drilling is planned to define further shallow
mineralisation along strike and down dip. In-fill drilling also planned between current
sections to demonstrate grade continuity.

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