GREEN360 TECHNOLOGIES LIMITED — Capital/Financing Update 2020

Sep 13, 2020

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Suvo Strategic Minerals Limited

ABN: 97 140 316 463

ASX Announcement | 14 September 2020

Nova Silica Sand Tenement Grant and Project Update

• Ø Exploration Licenses (EL) E70/5322 and E70/5323 comprising 29 blocks with a total area of 79km2 have been granted by DMIRS

• Ø Program of Works (PoW) approval has been granted for Phase 1 exploration drilling on existing tenement E70/5001

• Ø Phase 1 drilling to start early October 2020

Corporate Details:

ASX Code: SUV

• Ø Additional PoW applications to be lodged to cover new tenements

Directors:

Robert Martin Executive Chairman

Aaron Banks Managing Director

Len Troncone Non-Executive Director

• Ø Targeted environmental studies to commence in late September to allow for a larger exploration program covering the combined tenement area in January 2021

West Australian kaolin and silica sand exploration company, Suvo Strategic Minerals Limited (‘Suvo’ or the ‘Company’), is pleased to announce that two (2) additional contiguous tenements have been granted for their Nova Silica Sands project located 270km north of Perth and 138kms south east of Geraldton.

Dr Ian Wilson Non-Executive Director

The tenements E70/5322, and E70/5323 cover an area of 79km2 and comprise 29 blocks.

Contact Details:

Level 10, 182 St Georges Terrace Perth WA 6000

The Department of Mines, Industry Regulation and Safety (DIMIRS) has granted a Programme of Works (PoW) for exploration on E70/5001, (an area of 53km2).

The Company intends to lodge further PoWs on the newly granted additional tenure to enable a drilling program to be undertaken following receipt of approvals.

T: +61 8 9389 4495 E: info@suvo.com.au

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Drilling contractors are expected to start in early October with drill results and a maiden JORC resource announced soon after. The Company has also engaged consultants to conduct a targeted flora, fauna and vegetation study during September to allow more comprehensive drilling campaign across the combined tenements in early January 2021.

Commenting on the updated tenements, Executive Director Aaron Banks, said: “the granting of the new tenements form a contiguous landholding of 132km2. Preliminary works show a similar raw feed stock grade compared to market peers which ultimately has the potential to become a globally significant silica sand resource. The tenements enjoy direct rail access to the Geraldton bulk handling port. We will fast track our drilling campaign, commence our environmental studies and continue to work on our resource estimates and will update the market as data comes to hand.”

Tenement details for Nova Silica Sands Table 1:

Tenement	Holder	GrantDate	Areakm2
E70/5001	Watershed Enterprise Solutions Ptyltd	14/06/2018	53
E70/5322	Watershed Enterprise Solutions Ptyltd	30/06/2020	66
E70/5323	Watershed Enterprise Solutions Ptyltd	1/07/2020	14
E70/5324	Watershed Enterprise Solutions Ptyltd	Pending	36

Table 1 – Nova Silica Sands Tenement Details

Tenement map details for Nova Silica Sand Table 2:

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Table 2 – Nova Silica Sands map details

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Approved for release by the Board of Directors

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Rob Martin Aaron Banks Executive Chairman Executive Director E: robert.martin@suvo.com.au E: aaron.banks@suvo.com.au

Company Profile:

Suvo Strategic Minerals Limited is a dual commodity Australian exploration and mining company listed on the Australian Securities Exchange (ASX:SUV) focused on the development of their 100% owned White Knight Kaolin Project located in the Yilgarn Craton in the Central Wheat Belt and their 100% owned Nova Silica Sand Project located in the Gin Gin Scarp near the township of Eneabba, both situated in Western Australia.