DART MINING NL — Investor Presentation 2021

Mar 17, 2021

ASX Release

18 March 2021

==> picture [413 x 71] intentionally omitted <==

LiDAR Data Acquisition Over Strategic Projects &

Tenements

• LiDAR data acquired across several of Dart Mining’s tenement holdings in Northeast Victoria

• Granite Flat Gold-Copper Project (EL006277)

• Dorchap Range Lithium & Tin Pegmatites (EL5315, EL006300, EL006468)

• Sandy Creek Gold Project (EL006300)

• Buckland Gold Project (EL006861 & RL006015)

• 576 km[2] of airborne LiDAR coverage flown across Dart Mining’s Northeast Victoria tenements

• LiDAR data will form an essential element in directing ongoing exploration activities, project development and planning

Dart Mining NL (ASX:DTM) (“Dart Mining” or “the Company”) is pleased to report that airborne LiDAR data has been acquired over a significant area of its active prospects in Northeast Victoria. This data will be integral to the implementation of current and future exploration activities in the region.

Overview

==> picture [117 x 147] intentionally omitted <==

ASX Code: DTM

Key Prospects / Commodities:

GOLDFIELDS

Buckland Rushworth Sandy Creek Granite Flat Dart Mt Elmo Saltpetre Zulu Upper Indi

LITHIUM / TIN / TANTALUM

Granite Flat – Li-Sn-Ta Eskdale / Mitta – Li-Sn-Ta

PORPHYRY GOLD / SILVER / COPPER / MOLYBDENUM

Granite Flat – Au-Ag-Cu Stacey’s – Au-Cu Copper Quarry – Cu Gentle Annie – Cu Morgan Porphyry – Mo-Ag-Au Unicorn Porphyry – Mo-Cu-Ag

Investment Data:

LiDAR (Light Detection And Ranging) is a laser-based method of imaging the Earth’s surface at high resolution, and has the distinct advantage to be able to ‘see’ through vegetation and reveal previously obscured features (Figure 1). Dart Mining has recently acquired 576 km[2] of LiDAR data across important, highly prospective tenements within its holding across Northeast Victoria. LiDAR coverage was specifically targeted across the Buckland Valley (orogenic gold), Sandy Creek (orogenic gold), Dorchap Range (orogenic gold & lithium-tin pegmatites) and Granite Flat (orogenic gold & copper-gold porphyry potential) projects (Figure 2).

This dataset is extremely useful in identifying previously unknown historic workings and delineating geological, structural, and geomorphological trends (Figure 3). Additionally, the dataset can be used to provide high-resolution, detail digital topographic models of specific projects and target sites (Figure 3). These topographic models, or digital elevation models (DEMs) provide important, accurate and high-resolution mapped surfaces for project planning and development, particularly for drilling and field exploration activities. LiDAR provides a remarkable time and cost-saving tool in the steep, heavily vegetated terrain of the Northeast Victorian high country, allowing geologists and exploration field crews to rapidly identify and find potential prospects, historic workings, pegmatite and other outcrop.

Shares on issue: 99,945,476 Unlisted Options: 35,556,369 Performance Rights: 3,400,000

Substantial Shareholders:

Top 20 Holdings: 54.5 %

Board & Management:

Managing Director: James Chirnside Non-Executive Director: Dr Denis Clarke Non-Executive Director: Luke Robinson Company Secretary: Julie Edwards

Dart Mining NL

ACN 119 904 880

Contact Details:

412 Collins Street, Melbourne VIC 3000 Australia

James Chirnside

Email: jchirnside@dartmining.com.au

Page | 1

Visit our webpage: www.dartmining.com.au

Data was acquired and processed by AAM Group. LiDAR measurements were collected at four points per square metre with 10cm vertical accuracy, with the resulting dataset including a LiDAR point cloud at a 0.5m ground grid resolution.

==> picture [487 x 500] intentionally omitted <==

Figure 1: A comparison between a satellite photograph of the Mt Elmo Goldfield (A) and a processed LiDAR image of the same area (B), demonstrating the remarkable detail apparent and the utility of this tool for exploration. Grid coordinates shown are MGA Zone 55.

Page | 2

==> picture [478 x 550] intentionally omitted <==

Figure 2: Dart Mining’s tenement holdings in Northeast Victoria showing the areas covered by the recent airborne LiDAR mapping program with respect to key exploration projects.

Page | 3

==> picture [407 x 639] intentionally omitted <==

Figure 3: An example of a preliminary (processed) LiDAR interpretation across the Granite Flat area. A) Image across the Granite Flat prospect area, showing major features. B) Close up view of the main project area (red box in A) showing the processed LiDAR data. C) Preliminary interpretation of structural and mineralogical features based on LiDAR data and site visits. Grid coordinates shown are MGA Zone 55.

Page | 4

Project Implications

At the Granite Flat Project, LiDAR provides a detailed and accurate map of existing drill pads, track access and historic reef and alluvial workings, as well as the delineation of structural trends, largely based on geomorphic features and lineation apparent in reef workings (e.g., Figure 3). LiDAR will also be used in 3D models of the project, providing an accurate DEM for the project for future planning and development.

At the Sandy Creek and Buckland Valley orogenic gold projects, LiDAR data will primarily be used for identifying previously unknown reef workings as well as identifying bedrock structural trends apparent within processed LiDAR data.

In the Dorchap Range Lithium-Caesium-Tantalum-Tin bearing pegmatite dyke swarm, LiDAR data has demonstrated that it is able to resolve pegmatite dykes (Figure 4), providing a number of targets for follow up investigation, particularly targets obscured by vegetation that may have been missed by previous aerial surveys. Additionally, reef workings with significant strike extents (2–3km) have been identified by LiDAR data in the Mt Elmo Goldfield, providing additional orogenic gold targets for follow-up exploration (e.g., Figure 1).

==> picture [514 x 217] intentionally omitted <==

Figure 4: An example of identification of a known pegmatite dyke in LiDAR data. A) Satellite image across the Boones Lithiumbearing pegmatite dyke, Dorchap Range. B) Processed LiDAR image with vegetation effects removed, clearing showing the extent of the Boones Pegmatite Dyke, plus additional, previously unmapped outcrop, due to exceptionally thick vegetation across the Dorchap Range.

Future Work

Future work will focus on the detailed analysis and interpretation of these high-resolution images, with interpretation used to guide prosect and project development, identification of previously unidentified historic workings and the delineation of structural, geological and geomorphic trends. Additional field work is required for ground truthing of pegmatite dykes. Preliminary analysis of LiDAR data has provided an abundance of targets for field mapping and geochemical sampling.

Page | 5

For more information contact:

James Chirnside

Managing Director jchirnside@dartmining.com.au +61 447 447 613

Peter Taylor Investor Relations peter@nwrcommunications.com.au +61 412 036 231

About Dart Mining

Dart Mining (ASX: DTM) floated on the ASX in May of 2007 with the aim of evaluating and developing several historic goldfields, as well as substantiating a new porphyry province in North East Victoria. The area is prospective for precious, base, and strategic metals. These include Lithium, Gold, Silver, Copper, Molybdenum, Zinc, Tungsten, Tin, Tantalum, and a host of other important minerals. Dart Mining has built a strategically placed gold exploration footprint in the Central and North East regions of Victoria, where historic surface and alluvial gold mining indicates the existence of potentially significant gold endowment.

Additional JORC Information

Further details relating to the information on Dart Mining’s recent exploration activities in Northeast Victoria can be found in Dart Mining’s ASX announcements:

8[th] March 2021: “Granite Flat High Grade Gold, Silver, Copper Drill Results”

16[th] February 2021: “Sandy Creek Significant Gold Mineralisation”

7[th] December 2020: “Northeast Drilling Program Complete”

9[th] November 2020: “Commencement of Drilling Copper-Gold Mineralisation at Granite Flat”

27[th] October 2020: “Orogenic Gold and Porphyry Prospectivity, Mitta Mitta, NE Victoria”

19[th] October 2020: “Drill Results Reveal High-Grade Gold”

1[st] September 2020: “Drilling of Gold Mineralisation Commencing”

3[rd] July 2020: “Sandy Creek and Tallandoon Goldfields”

20[th] February 2020: “Buckland Gold Project Update”.

Additional information on Dart Mining’s other recent drilling and exploration operations can be found in:

16[th] November 2020: “Drilling Commencement, Historic Rushworth Goldfield”

5[th] November 2020: “Rushworth Historic High-Grade Goldfield”

30[th] October 2020: “Report for the quarter ended 30[th] September 2020”

19[th] June 2019: “Lithium Project Update”

19[th] March 2019: “Dorchap Lithium Project Update”

14[th] November 2018: “Lithium Exploration Update”

10[th] September 2018: “Exploration Update – Dorchap Lithium Project”

Page | 6

Competent Person’s Statement

The information in this report has been prepared, compiled, and verified by Dr. Ben Hines PhD, MSc, a Competent Person who is a Member of the Australian Institute of Geoscientists. Dr. Hines is the senior exploration geologist for Dart Mining. Dr. Hines has sufficient experience that is relevant to the style of mineralisation and type of deposits under consideration and to the activity being undertaken to qualify as a competent person as defined in the 2012 Edition of the “Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves”. Dr. Hines consents to the inclusion in the report of the matters based on his information in the form and context in which it appears.

Forward-Looking Statement

Certain statements contained in this document constitute forward-looking statements. Forward-looking statements include, but are not limited to, Dart Mining’s current expectations, estimates and projections about the industry in which Dart operates, and beliefs and assumptions regarding Dart’s future performance. Such forward-looking statements are based on a number of estimates and assumptions made by the Company and its consultants in light of experience, current conditions and expectations of future developments which the Company believes are appropriate in the current circumstances. When used in this document, words such as; “anticipate”, “could”, “intends”, “estimate”, “potential”, “plan”, “seeks”, “may”, “should”, and similar expressions are forward-looking statements. Although Dart believes that its expectations presented in these forward-looking statements are reasonable, such statements are subject to known and unknown risks, uncertainties and other factors, which may cause the actual results, achievements and performance of the Company to be materially different from the future results and achievements expressed or implied by such forward-looking statements. Investors are cautioned that forward-looking information is no guarantee of future performance and accordingly, investors are cautioned not to place undue reliance on these forwardlooking statements.

Page | 7

APPENDIX 1

TENEMENT STATUS

All tenement applications continue to pass through the approvals process with the tenements remaining in good standing as of the 31[st] of January 2021 (Table 1.1 – Figure 7).

Table 1.1. TENEMENT STATUS

Tenement Number	Name	Tenement Type	Area (km2) Unles specified	Interest	Location
MIN006619	Mt View2	Mining License	224 Ha	100%	NE Victoria
EL5315	Mitta Mitta4	Exploration Licence	172	100%	NE Victoria
EL006016	Rushworth4	Exploration Licence	60	100%	Central Victoria
EL006277	Empress	Exploration Licence	165	100%	NE Victoria
EL006300	Eskdale3	Exploration Licence	183	100%	NE Victoria
EL006486	Mt Creek	Exploration Licence	190	100%	NE Victoria
EL006861	Buckland	Exploration Licence	414	100%	NE Victoria
EL007007	Union	Exploration Licence	3	100%	Central Victoria
EL006994	Wangara	Exploration Licence	142	100%	Central Victoria
EL007008	Buckland West	Exploration Licence	344	100%	NE Victoria
EL006764	Cravensville	EL (Application)	170	100%	NE Victoria
EL006865	Dart	EL (Application)	567	100%	NE Victoria
EL006866	Cudgewa	EL (Application)	508	100%	NE Victoria
EL007099	Sandy Creek	EL (Application)	437	100%	NE Victoria
EL007170	Berringama	EL (Application)	27	100%	NE Victoria
EL007430	Buchan	EL (Application)	546	100%	Gippsland
EL007435	Goonerah	EL (Application)	587	100%	Gippsland
EL007425	Deddick	EL (Application)	341	100%	Gippsland
EL007428	Boebuck	EL (Application)	355	100%	NE Victoria
EL007426	Walwa	EL (Application)	499	100%	NE Victoria
RL006615	Fairley’s2	Retention License	340 Ha	100%	NE Victoria
RL006616	Unicorn1&2	Retention License	23,243 Ha	100%	NE Victoria

All tenements remain in good standing as of 31[st] January 2021.

NOTE 1: Unicorn Project area subject to a 2% NSR Royalty Agreement with Osisko Gold Royalties Ltd dated 29 April 2013.

NOTE 2: Areas subject to a 1.5% Founders NSR Royalty Agreement. NOTE 3: Areas are subject to a 1.0% NSR Royalty Agreement with Minvest Corporation Pty Ltd (See DTM ASX Release 1 June 2016).

NOTE 4: Areas are subject to a 0.75% Net Smelter Royalty on gold production, payable to Bruce William McLennan.

Page | 8

==> picture [468 x 574] intentionally omitted <==

Figure 5: Location of Dart Mining’s exploration properties in Northeastern Victoria.

Page | 9

APPENDIX 2

JORC CODE, 2012 EDITION – TABLE 1

SECTION 1 SAMPLING TECHNIQUES AND DATA

Criteria		JORC Code Explanation		Commentary
Sampling	•	Nature and quality of sampling (e.g. cut channels, random chips, or	•	LiDAR data was acquired using a Teledyne Optech sensors.
techniques		specific specialised industry standard measurement tools appropriate to	•	LiDAR data was collected across 576km2area in Northeast Victoria.
		the minerals under investigation, such as down hole gamma sondes, or	•	Project design vertical accuracy was 0.10m on clear ground at one sigma, with at least four points
		handheld XRF instruments, etc.). These examples should not be taken as		emitted per square metre, with up to eight returns per emitted point.
		limiting the broad meaning of sampling.	•	LiDAR data was georeferenced using CORS base station data.
	•	Include reference to measures taken to ensure sample representivity and	•	Data classification is ICSM Level 2 (ground, non-ground, vegetation and structures, etc).
		the appropriate calibration of any measurement tools or systems used.	•	Data classification was manually checked and edited against georeferenced digital
	•	Aspects of the determination of mineralisation that are Material to the		orthophotography and/or intensity imagery acquired as part of this project.
		Public Report.	•	Elevation data will be gathered as WGS ellipsoidal heights and will be adjusted to orthometric
	•	In cases where ‘industry standard’ work has been done this would be		heights by applying a correction to every data point using the relevant geoid model.
		relatively simple (e.g. ‘reverse circulation drilling was used to obtain 1 m	•	LiDAR data was delivered in industry-standard LAS formats, plus a 0.5m ground grid in ASCII
		samples from which 3 kg was pulverised to produce a 30 g charge for		Format and GeoTIFF.
		fire assay’). In other cases more explanation may be required, such as	•	The flying height for aerial data acquisition was approximately 2000m above ground
		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.	• •	Project datum is GDA94. No new Drilling or Geochemical sampling results are presented here.
Drilling	•	Drill type (e.g. core, reverse circulation, open-hole hammer, rotary air	•	Not applicable: No new drilling results reported.
techniques		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.). _
Drill sample	•	Method of recording and assessing core and chip sample recoveries and	•	Not applicable: No new drilling results reported.
recovery		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.
Logging	•	Whether core and chip samples have been geologically and	•	Not applicable: No new drilling results reported.
		geotechnically logged to a level of detail to support appropriate Mineral
		Resource estimation, mining studies and metallurgical studies.
	•	Whether logging isqualitative orquantitative in nature. Core(or

Page | 10

		costean, channel, etc.) photography.
	•	The total length andpercentage of the relevant intersections logged.
Sub-sampling	•	If core, whether cut or sawn and whether quarter, half or all core taken.	•	Not applicable: No new drilling or surface geochemical sampling results reported.
techniques and	•	If non-core, whether riffled, tube sampled, rotary split, etc. and whether
sample		sampled wet or dry.
preparation	•	For all sample types, the nature, quality and appropriateness of the sample preparation technique.
	•	Quality control procedures adopted for all sub-sampling stages to
		maximise representivity of samples.
	•	Measures taken to ensure that the sampling is representative of the in
		situ material collected, including for instance results for field
		duplicate/second-half sampling.
	•	Whether sample sizes are appropriate to the grain size of the material
		being sampled.
Quality of	•	The nature, quality and appropriateness of the assaying and laboratory	•	Not applicable: No new drilling or surface geochemical sampling results reported.
assay data and		procedures used and whether the technique is considered partial or
laboratory		total.
tests	•	For geophysical tools, spectrometers, handheld XRF instruments, etc.,
		the parameters used in determining the analysis including instrument
		make and model, reading times, calibrations factors applied and their
		derivation, etc.
	•	Nature of quality control procedures adopted (e.g. standards, blanks,
		duplicates, external laboratory checks) and whether acceptable levels of
		accuracy (i.e. lack of bias) and precision have been established.
Verification of	•	The verification of significant intersections by either independent or	•	Not applicable: No new drilling or surface geochemical sampling results reported.
sampling and		alternative company personnel.
assaying	•	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.
Location of	•	Accuracy and quality of surveys used to locate drill holes (collar and	•	LiDAR data was collected across 576km2area in Northeast Victoria.
data points		down-hole surveys), trenches, mine workings and other locations used	•	Project design vertical accuracy was 0.10m on clear ground at one sigma, with at least four points
		in Mineral Resource estimation.		emitted per square metre, with up to eight returns per emitted point.
	•	Specification of the grid system used.	•	Data classification was manually checked and edited against georeferenced digital
	•	Quality and adequacy of topographic control.		orthophotography and/or intensity imagery acquired as part of this project.
			•	Elevation data will be gathered as WGS ellipsoidal heights and will be adjusted to orthometric
				heights by applying a correction to every data point using the relevant geoid model.
			•	Project datum is GDA94.
			•	All maps, plans and data are on an MGA datum and GDA94 zone 55projection.

Page | 11

Data spacing	•	Data spacing for reporting of Exploration Results.	•	LiDAR points were collected at 0.5m intervals, with a minimum of 4 points per square metre.
and	•	Whether the data spacing and distribution is sufficient to establish the		Vertical accuracy is 0.1m.
distribution		degree of geological and grade continuity appropriate for the Mineral	•	At the scale and resolution of the features being identified and resolved, the data spacing is more
		Resource and Ore Reserve estimation procedure(s) and classifications		than adequate.
		applied.	•	No sample compositing required with this style of data.
	•	Whether sample compositing has been applied.
Orientation of	•	Whether the orientation of sampling achieves unbiased sampling of	•	LiDAR data represents the surface area of the area regions surveyed, with X,Y and Z data
data in relation		possible structures and the extent to which this is known, considering		reported for across topography of a predefined areas.
to geological		the deposit type.	•	LiDAR survey areas are completely independent of mineralisation or structural style and are
structure	•	If the relationship between the drilling orientation and the orientation		therefore considered unbiased.
		of key mineralised structures is considered to have introduced a	•	No new drilling reported
		sampling bias, this should be assessed and reported if material.
Sample	•	The measures taken to ensure sample security.	•	LiDAR data is confidential, and only accessed by Dart Mining representatives and AAM Group.
security
Audits or	•	The results of any audits or reviews of sampling techniques and data.	•	Airborne LiDAR survey included field test points of survey areas located in accessible areas.
reviews			•	LiDAR test points were used to test and validate the achieved accuracy of the LiDAR.
			•	Results of test point comparisons and achieved accuracy reported in the project
				metadata.
			•	LiDAR data was georeferenced using CORS base station data.
			•	Feld surveywork and data validation was undertaken byAAM Group.

SECTION 2 REPORTING OF EXPLORATION RESULTS

	Criteria		JORC Code Explanation		Commentary
	Mineral	•	Type, reference name/number, location and ownership including agreements	•	All tenements remain in good standing as of 31stJanuary 2021.
	tenement and		or material issues with third parties such as joint ventures, partnerships,
	land tenure		overriding royalties, native title interests, historical sites, wilderness or national park and environmental settings.
	status	•	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.

Page | 12

Exploration	•	Acknowledgment and appraisal of exploration by other parties.
done by other parties

	Tenement Number Name	Tenement Type	Area (km2) Unless specified	Interest	Location
	MIN006619 Mt View2	Mining License	224 Ha	100%	NE Victoria
	EL5315 Mitta Mitta4	Exploration Licence	172	100%	NE Victoria
	EL006016 Rushworth4	Exploration Licence	60	100%	Central Victoria
	EL006277 Empress	Exploration Licence	165	100%	NE Victoria
	EL006300 Eskdale3	Exploration Licence	183	100%	NE Victoria
	EL006486 Mt Creek	Exploration Licence	190	100%	NE Victoria
	EL006861 Buckland	Exploration Licence	414	100%	NE Victoria
	EL007007 Union	Exploration Licence	3	100%	Central Victoria
	EL006764 Cravensville	EL (Application)	170	100%	NE Victoria
	EL006865 Dart	EL (Application)	567	100%	NE Victoria
	EL006866 Cudgewa	EL (Application)	508	100%	NE Victoria
	EL006994 Wangara	EL (Application)	142	100%	Central Victoria
	EL007008 Buckland West	EL (Application)	344	100%	NE Victoria
	EL007099 Sandy Creek	EL (Application)	437	100%	NE Victoria
	EL007170 Berringama	EL (Application)	27	100%	NE Victoria
	EL007430 Buchan	EL (Application)	546	100%	Gippsland
	EL007435 Goonerah	EL (Application)	587	100%	Gippsland
	EL007425 Deddick	EL (Application)	341	100%	Gippsland
	EL007428 Boebuck	EL (Application)	355	100%	NE Victoria
	EL007426 Walwa	EL (Application)	499	100%	NE Victoria
	RL006615 Fairley’s2	Retention License	340 Ha	100%	NE Victoria
	RL006616 Unicorn1&2	Retention License	23,243 Ha	100%	NE Victoria
	All tenements remain in good standing at 31st December 2021.
	NOTE 1:Unicorn Project area subject to a 2% NSR Royalty Agreement with Osisko				Gold Royalties Ltd
	dated 29 April 2013.
	NOTE 2:Areas subject to a 1.5% Founders NSR RoyaltyAgreement.
	NOTE 3:Areas are subject to a 1.0% NSR Royalty Agreement with Minvest Corporation Pty Ltd (See
	DTM ASX Release 1 June 2016).
	NOTE 4:Areas are subject to a 0.75% Net Smelter Royalty on gold production, payable to Bruce
	William McLennan.
•	Between 1986 and 1988 the	Granite Flat area was worked		by Meltech Ltd on behalf of Alluvial
	Prospectors Ltd, with soil sampling identifying strong soil anomalies and six diamond drill holes
	completed. From 1990 to	1995, CRA Exploration (now Rio Tinto) completed extensive
	exploration in the search for	a bulk minable resource. This		included expansion of the soil grid,
	sampling of 18 costeans, 32 reverse circulation		(RC) and the 13 Diamond drillholes, along with
	aeromagnetic, ground magnetic and induced polarity surveys				of the site.	In late 1994
	Perseverance Mining Ltd entered into a joint-venture			agreement with CRA Exploration,
	working the Granite Flat prospect from 1996		to 1999, completing an additional 20 RC drill
	holes. From 2006 to 2008, Synergy Metals Ltd conducted minor stream sediment and soil
	sampling of the site before transferring the license to Glen Wills Gold Mines NL					in 2009. Glen
	Wills Gold Mines held the license until 2016, completing some minor soil and stream sediment
	sampling studies.
•	The Buckland Goldfield has	been explored in thepast to establish the remainingalluvial

Page | 13

				potential and limited effort to review reef style historic mines with surface and underground
				mapping and sampling carried out (EL1394, 1985 – 1988). There has not been any previous
				assessment of Fairley’s style disseminated gold (shear hosted) within the goldfield. Dart
				Mining, the first to recognize this style of mineralization, initiated exploration in 2005.
			•	The Sandy Creek and Tallandoon goldfields have previously been explored to establish the
				remaining alluvial potential and limited effort to review reef style historic mines with surface
				and underground mapping and sampling carried out ( EL873, BHP Minerals Ltd, 1980-1982;
				EL1463, Tallangalook Ltd, 1984-1988; EL3574, Exminco, 1993-1994; EL4039, Northern Copper
				Ltd, 1996-1997; EL4812, Goldsearch Ltd, 2004-2008; EL5241, Golden Deeps Ltd, 2009-2011).
				All previous exploration efforts have focused on narrow-vein quartz potential, with very little
				focus on alteration within the granite and minor structural analysis. Dart Mining is the first
				explorer to recognize the roof pendant style of mineralisation and assess the structural control
				on the distribution on mineralisation. Tallangalook Ltd and Goldsearch Ltd undertook some
				basic geological mapping of the Sandy Creek area. Tallangalook Ltd dug & sampled costeans
				across some workings. Goldsearch Ltd drilled 3 short diamond drill holes, but terminated all
				before hitting mineralisation.
			•	No previous commercial exploration for Lithium has occurred in the Dorchap Range or
				adjacent areas. Geological investigations as part of academic research has been reported for
				the pegmatite dykes by Eagle (2009) and Eagle et al. (2015). Previous exploration in the
				Dorchap Range to Glen Wills District has focused on historic reef and alluvial style gold and tin
				workings.
Geology	•	Deposit type, geological setting and style of mineralisation.	•	EL006277 is located in the Omeo structural zone of the Lachlan Fold Belt in eastern Victoria.
				The EL is underlain by metamorphosed Lower Ordovician Pinnak Sandstone and its higher
				grade metamorphic equivalents in the Omeo Metamorphic Complex to the south. The
				Banimboola Quartz Monzodiorite (BQM) intruded during the early Devonian and is a highly
				magnetic I-type composite pluton that has been placed in the Boggy Plain Supersuite (Wyborn,
				et al., 1987). Aeromagnetic data from the Geo Vic database indicates that the BQM is a
				composite pluton with a variable magnetic signature.
			•	The Buckland Goldfield was a traditional narrow vein, high grade (free gold) reef style field
				with a very large alluvial gold footprint. Dart Mining recognized some gold mineralization is
				related to disseminated sulphides in shears.
			•	The Sandy Creek and Tallandoon Goldfields are traditional narrow vein, high grade (free gold)
				reef style field with a minor alluvial gold footprint. Dart Mining recognized some gold
				mineralization is related to disseminated sulphides in altered granites along structurally-
				controlled intersections within a metasedimentary roof pendant above the Yabba Granite.
			•	Lithium mineralisation is hosted within highly evolved, late tectonic peraluminous granite
				pegmatites of the complex Lithium-Caesium-Tantalum (LCT) class. These dykes are thought to
				be distal to a source granitic body and are present as lenticular, discontinuous bodies of
				variable length and width (up to many hundreds of metres in length, and several tens of metres
				in width). Lithium mineralisation within the pegmatites is poorly understood at this early
				exploration stage,but suspected to be spatiallyrelated the zonation within complex

Page | 14

				pegmatites. Lithium mineralisation observed to date appears to be as spodumene	pegmatites. Lithium mineralisation observed to date appears to be as spodumene	pegmatites. Lithium mineralisation observed to date appears to be as spodumene	pegmatites. Lithium mineralisation observed to date appears to be as spodumene	pegmatites. Lithium mineralisation observed to date appears to be as spodumene	pegmatites. Lithium mineralisation observed to date appears to be as spodumene	pegmatites. Lithium mineralisation observed to date appears to be as spodumene	and
				petalite, with cassiterite		also evident in some dykes. Tin, and rarely gold is associated					with
				intrusive dykes of the DorchapPegmatite				Dyke Swarm.
Drill hole	•	A summary of all information material to the understanding of the exploration	•	Not Applicable: No new drilling data presented here.
Information		results including a tabulation of the following information for all Material drill holes:	•	All drillhole collar information is presented in previous Dart Mining ASX Announcements Releases. An archive of historic Dart Mining ASX releases is held							and at:
		o easting and northing of the drill hole collar		https://www2.asx.com.au/markets/trade-our-cash-market/announcements.dtm
		o elevation or RL (Reduced Level – elevation above sea level in metres) of the
		drill hole collar
		o dip and azimuth of the hole
		o down hole length and interception depth
		o 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 clearly explain why this is the case.
Data	•	In reporting Exploration Results, weighting averaging techniques, maximum	•	Not Applicable: No new drilling or geochemical data presented here.
aggregation methods	•	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.
Relationship	•	These relationships are particularly important in the reporting of Exploration	•	Not Applicable: No new drilling or geochemical data presented here.
between		Results.
mineralisation widths and	• •	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
intercept		a clear statement to this effect (e.g. ‘down hole length, true width not known’).
lengths
Diagrams	•	Appropriate maps and sections (with scales) and tabulations of intercepts	•	Not Applicable: No new drilling,			geochemical data or significant discoveries are presented
		should be included for any significant discovery being reported These should		here.
		include, but not be limited to a plan view of drill hole collar locations and
		appropriate sectional views.
Balanced	•	Where comprehensive reporting of all Exploration Results is not practicable,	•	Not applicable: No grade		details expressed or reported in this release.
reporting		representative reporting of both low and high grades and/or widths should be practiced to avoid misleading reporting of Exploration Results.

Page | 15

Other	•	Other exploration data, if meaningful and material, should be reported	•	Any other relevant information is discussed in the main body of the report.
substantive		including (but not limited to): geological observations; geophysical survey
exploration data		results; geochemical survey results; bulk samples – size and method of treatment; metallurgical test results; bulk density, groundwater, geotechnical and rock characteristics; potential deleterious or contaminating substances.
Further work	•	The nature and scale of planned further work (e.g. tests for lateral extensions	•	Planned work is discussed in the body of the report and is dependent on future company
		or depth extensions or large-scale step-out drilling).		direction.
	•	Diagrams clearly highlighting the areas of possible extensions, including the
		main geological interpretations and future drilling areas, provided this
		information is not commercially sensitive.

Page | 16