KALAMAZOO RESOURCES LIMITED — Capital/Financing Update 2021

Dec 13, 2021

==> picture [226 x 70] intentionally omitted <==

ASX Announcement

14 December 2021

Pilbara Lithium Portfolio Expanded with Acquisition of the Pear Creek Project – Marble Bar Lithium Exploration Update

Highlights

Pear Creek Lithium Project Acquisition

• Acquisition of significant new lithium exploration tenure (“Pear Creek Lithium Project”) (147km[2] ), in close proximity to Kalamazoo’s 100% owned DOM’s Hill and Marble Bar projects, East Pilbara WA

• The acquisition nearly doubles Kalamazoo’s lithium exploration tenure to 348km[2] in this highly prospective mineral region

• The East Pilbara region is subject to major lithium exploration activity and hosts two of the world’s largest pegmatite-hosted lithium mines at Pilgangoora (Pilbara Minerals Ltd ASX: PLS) and Wodgina (Albemarle NYSE: ALB/Mineral Resources Ltd ASX: MIN)

• Adjacent to DOM’s Hill, the Pear Creek Lithium Project consists of three granted Exploration Licences (E45/3856, E45/4616 and E45/5813) covering highly prospective Archaean granite-greenstone terrane in proximity to the nearby Pilgangoora and Wodgina lithium deposits

• The Pear Creek Lithium Project includes ~25km strike extent of prospective 1-7km wide Archaean granite-greenstone contact zone, otherwise known as the “Goldilocks Zone”, which is highly prospective for pegmatite-hosted lithium-caesium-tantalum (“LCT”) mineralisation

• Importantly, the Pear Creek Lithium Project has seen little to no modern exploration for LCT pegmatite mineralisation and this will now be a major added focus for Kalamazoo in the upcoming field season

Marble Bar Lithium Project Update

• Numerous outcropping pegmatite dyke occurrences recorded in early December 2021 along existing tracks, including some which contained visible amounts of lepidolite (lithium mica)

Kalamazoo’s Chairman and CEO Luke Reinehr said today, “Kalamazoo has unfinished business at Pear Creek, having previously explored there in 2013 for a few years, whilst searching for gold. Of course, at that time, there was little interest in lithium exploration, so it was not on our radar. Our teams’ excellent soil geochemistry surveys and pegmatite dyke mapping over the last few months at the DOM’s Hill and Marble Bar Lithium Projects, provides us with confidence in exploring for LCT pegmatite mineralisation in the immediate area, so leading us back to Pear Creek. Combining the Pear Creek Lithium Project with our highly prospective existing tenure is an important component of our strategy to discover long-life, large scale lithium deposits in the Pilbara, which complements our major gold exploration activities in the area.”

Perth

Melbourne Unit 3, 328 Reserve Road Cheltenham VIC 3192 +61 3 9988 7796

ASX: KZR ACN: 150 026 850 admin@kzr.com.au www.kzr.com.au

16 Douro Place West Perth WA 6005 1300 782 988

Kalamazoo Resources Limited (ASX: KZR) (“Kalamazoo” or the “Company”) is pleased to advise that it has acquired three exploration licences (E45/3856, E45/4616 and E45/5813) in the East Pilbara region, WA. This new project, referred to as the “Pear Creek Lithium Project”, covers ~147km[2] of highly prospective lithium and gold geology located between Kalamazoo’s existing DOM’s Hill and Marble Bar Lithium Projects (Figure 1).

Like the nearby DOM’s Hill, this new Pear Creek project area contains a geological setting with target host rocks strongly analogous to that of the nearby world class Pilgangoora and Wodgina pegmatite-hosted lithium deposits. Furthermore, this acquisition represents a near doubling of Kalamazoo’s lithium and gold exploration licence tenure in this highly prospective region to 348 km[2] (Figure 2).

==> picture [519 x 279] intentionally omitted <==

Figure 1: Location of KZR’s DOM’s Hill, Pear Creek and Marble Bar Projects with respect to the Pilgangoora and Wodgina lithium mines and the Archer lithium deposit on a background WA regional-scale aeromagnetic image[1] . The interpreted “Goldilocks Zone” is defined as a 4km wide zone located along the Archaean granite-greenstone contact area.

The lithium mineralisation potential at both the DOM’s Hill and Pear Creek project areas was initially identified by the fact that their shared geology was analogous to that of the nearby Pilgangoora and Wodgina lithium deposits. The project geology for the region, and in particular the granite-greenstone contact zone, or “Goldilocks Zone”, is clearly shown in the WA regional scale aeromagnetic image (Figure 1). Based on this strong analogy, Kalamazoo considers both the DOM’s Hill and Pear Creek Lithium Projects to be highly prospective for rare-element granitic pegmatites of the LCT geochemical group.

1 Refer to the Western Australian Department of Mines, Industry Regulation and Safety website: Lithium in Western Australia poster – June 2021

==> picture [198 x 25] intentionally omitted <==

Page 2 of 14

ASX: KZR

==> picture [503 x 558] intentionally omitted <==

Figure 2: Location of Kalamazoo’s lithium exploration projects at DOM’s Hill, Pear Creek and Marble Bar, East Pilbara WA. Note that Kalamazoo has gold rights only in respect to E45/4724.

The Pear Creek project area is and has historically been considered prospective for a range of gold, nickel, ‐ cobalt and base metal deposits. The area has been recently re rated for its gold potential due to shear hosted gold resources being identified to the east at the Warrawoona project by Calidus Resources Ltd (ASX: CAI) and the intrusion related mineralisation at the Hemi discovery at Mallina by De Grey Mining Ltd (ASX: DEG).

Kalamazoo considers it positive that despite its close proximity to two of the world’s largest hard-rock lithium mines, there has been no known previous exploration for lithium undertaken at Pear Creek. This may be partly explained by some of the project area being overlain by a thin veneer of younger sedimentary cover.

==> picture [198 x 25] intentionally omitted <==

Page 3 of 14

ASX: KZR

Acquisition Terms

Kalamazoo, via its wholly owned subsidiary Kali Metals Pty Ltd, has acquired the Pear Creek Lithium Project by entering into binding Mining Property Sale and Purchase Agreements with the issue of 2,352,940 Kalamazoo Ordinary shares (effective cost of $800,000). The Shares will be issued to the parties below (or their nominees) under the Company’s available placement capacity pursuant to Listing Rule 7.1 and none of the parties are related parties to the Company. The breakdown of the share issue is:

• Great Sandy Pty Ltd and Epminex WA Pty Ltd (E45/4616-I): 1,176,470 shares

• Great Sandy Pty Ltd (E45/3856-I): 588,235 shares

• • Rich Well Resources Pty Ltd (E45/5813): 588,235 shares

The acquisition consideration does not include any capital outlay by Kalamazoo.

Marble Bar Lithium Project (E45/4700) – Field Reconnaissance Finds Lepidolite-Bearing Pegmatite Dykes

During a brief field reconnaissance exercise at Kalamazoo’s Marble Bar Lithium Project conducted in early December 2021, Kalamazoo’s geologists recorded numerous outcropping pegmatite dyke occurrences along existing tracks some of which contained visible amounts of lepidolite (lithium mica) (Figures 3 and 4). These occurrences support historical reports of lithium-enriched pegmatites recorded elsewhere within the northern parts of E45/4700 (Figure 4). The occurrence of lepidolite was verified visually as well as via RAMAN spectroscopy of select rock chip samples (Figure 5). A selection of pegmatite rock chip samples collected during this exercise have been submitted for laboratory assay and quantitative X-ray Diffraction (XRD) analyses (pending).

Kalamazoo considers the occurrence of numerous pegmatite dykes, some of which are lithium enriched, on the margins of the Moolyella Monzogranite source intrusion and related alluvial tin-tantalum field as strong positive indications of LCT prospectivity in E45/4700. The field reconnaissance exercise was brief and largely restricted to existing tracks however it further highlights the potential to discover more pegmatites. Additional field reconnaissance campaigns will be planned once the current project-wide detailed soil geochemistry survey is completed (mid-December 2021) and evaluated (late January 2022).

==> picture [198 x 25] intentionally omitted <==

Page 4 of 14

ASX: KZR

==> picture [508 x 423] intentionally omitted <==

Figure 3: Location of E45/4700 and application E45/5970 on a background GSWA East Pilbara 1:250k Interpreted Bedrock Map Sheet. Note the location of these two tenements on the southern margin of the Moolyella alluvial tin and tantalum field.

==> picture [198 x 25] intentionally omitted <==

Page 5 of 14

ASX: KZR

==> picture [519 x 369] intentionally omitted <==

Figure 4: Location of Kalamazoo rock chip samples (MBLR001-27) and historical rock chip samples in the northern portion of E45/4700 (ASX: SYA 31 July 2019) on a background Google Earth image

==> picture [519 x 239] intentionally omitted <==

Figure 5: Example rock specimen of distinctive purple lepidolite (lithium mica) in pegmatite recently collected from E45/4700 (Rock chip sample MBLR015 – see Figure 4 for location)

==> picture [198 x 25] intentionally omitted <==

Page 6 of 14

ASX: KZR

Next Steps

Kalamazoo’s priority at the Pear Creek Lithium Project is to focus on advancing towards a drill-ready status, which will include the following:

• Complete project-wide soil sampling programs across the interpreted Goldilocks Target Zone, which may involve the use of shallow aircore or auger drilling in areas of thin cover

• Acquisition of high-resolution satellite imagery

• Field reconnaissance and mapping campaigns

For further information, please contact:

Luke Reinehr Chairman/CEO luke.reinehr@kzr.com.au

Media & Investor Relations (Australia) Victoria Humphries victoria@nwrcommunications.com.au

Media & Investor Relations (Canada) Leo Karabelas: leo@fcr.ca Tom Panoulias: tom@fcr.ca

Previously Released ASX Material References

For further details relating to information in this announcement please refer to the following ASX announcements:

ASX: KZR 6 October 2017 ASX: KZR 2 December 2019

==> picture [198 x 25] intentionally omitted <==

Page 7 of 14

ASX: KZR

Cautionary Statement

It should be noted that the information in this announcement is based only on visual field observations and the assay results for the rock chip samples collected from the outcropping pegmatites and the Kalamazoo soil samples are yet to be received. The Company has not yet confirmed whether lithium mineralisation is present, given that this can only be determined through laboratory analysis.

Response to COVID-19

Kalamazoo has been proactively managing the potential impact of COVID-19 and has developed systems and policies to ensure the health and safety of its employees and contractors, and of limiting risk to its operations. These systems and policies have been developed in line with the formal guidance of State and Federal health authorities and with the assistance of its contractors and will be updated should the formal guidance change. Kalamazoo’s first and foremost priority is the health and wellbeing of its employees and contractors.

To ensure the health and wellbeing of its employees and contractors, Kalamazoo has implemented a range of measures to minimise the risk of infection and rate of transmission to COVID-19 whilst continuing to operate. All operations and activities have been minimised only to what is deemed essential. Implemented measures include employees and contractors completing COVID-19 risk monitoring, increased hygiene practices, the banning of nonessential travel for the foreseeable future, establishing strong infection control systems and protocols across the business and facilitating remote working arrangements, where practicable and requested. Kalamazoo will continue to monitor the formal requirements and guidance of State and Federal health authorities and act accordingly.

Competent Persons Statement

The information for the Kalamazoo’s Pilbara Lithium Exploration Projects is based on information compiled by Dr Luke Mortimer, a competent person who is a Member of The Australian Institute of Geoscientists. Dr Mortimer is an employee engaged as the Exploration Manager Eastern Australia for the Company and has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity which he is undertaking 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 Mortimer consents to the inclusion in this document of the matters based on his information in the form and context in which it appears.

Forward Looking Statements

Statements regarding Kalamazoo’s plans with respect to its mineral properties and programs are forward-looking statements. There can be no assurance that Kalamazoo’s plans for development of its mineral properties will proceed as currently expected. There can also be no assurance that Kalamazoo will be able to confirm the presence of additional mineral resources/reserves, that any mineralisation will prove to be economic or that a mine will successfully be developed on any of Kalamazoo’s mineral properties. The performance of Kalamazoo may be influenced by a number of factors which are outside the control of the Company and its Directors, staff and contractors.

==> picture [199 x 25] intentionally omitted <==

Page 8 of 14

ASX: KZR

Table 1. JORC Code, 2012 Edition

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	• Samples referred to in this report are obtained from random in-situ rock chip
	specific specialised industry standard	samples of pegmatite dykes found in
	measurement tools appropriate to	E45/4700 as observed by Kalamazoo
	the minerals under investigation,	Geologists during standard field
	such as down hole gamma sondes,	reconnaissance exercises.
	or handheld XRF instruments, etc). These examples should not be taken as limiting the broad meaning of sampling.	• The random rock chip samples are irregularly spaced which is considered appropriate for “regional-scale” reconnaissance-level lithium and gold
	• Include reference to measures taken	exploration.
	to ensure sample representivity and the appropriate calibration of any measurement tools or systems used.	• The reported occurrence of lepidolite (lithium mica) in pegmatite samples was initially determined visually by
	• Aspects of the determination of	Kalamazoo Geologists and
	mineralisation that are Material to the	subsequently confirmed via RAMAN
	Public Report.	mineral spectroscopy conducted by
	• In cases where ‘industry standard’ work has been done this would be	Portable Spectral Services Pty Ltd (Perth WA).
	relatively simple (e.g. ‘reverse	• This sampling practice is appropriate
	circulation drilling was used to obtain	to the generally sub- to outcropping
	1 m samples from which 3 kg was	profile of the area sampled and
	pulverised to produce a 30 g charge	complies with industry best practice.
	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 techniques	• Drill type (e.g. core, reverse circulation, open-hole hammer, rotary	• Not applicable.
	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
	whatmethod, etc).
Drill sample recovery	• Method of recording and assessing core and chip sample recoveries and	• Not applicable.
	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	• Not applicable.
	been geologically and geotechnically
	logged to a level of detail to support
	appropriate Mineral Resource
	estimation, mining studies and
	metallurgicalstudies.

Page 9 of 14

Criteria	JORC Code explanation	JORC Code explanation	Commentary
		• Whether logging is qualitative or
		quantitative in nature. Core (or
		costean, channel, etc) photography.
		• The total length and percentage of
		the relevant intersections logged.
Sub-sampling techniques and sample preparation		• If core, whether cut or sawn and whether quarter, half or all core taken. • If non-core, whether riffled, tube sampled, rotary split, etc and	• Rock chip samples were collected in dry conditions and placed in numbered calico bags and grouped in poly-weave bags for dispatch to the laboratory.
		whether sampled wet or dry.	• Rock chip sample sizes were generally
		• For all sample types, the nature,	1.5-3.0 kg.
		quality and appropriateness of the	• Select rock chip samples were
		sample preparation technique.	delivered direct to Portable Spectral
		• Quality control procedures adopted for all sub-sampling stages to	Services for RAMAN spectroscopy analysis.
		maximise representivity of samples.	• All rock chip samples have been
		• Measures taken to ensure that the	subsequently directly delivered to the
		sampling is representative of the in situ material collected, including for instance results for field	ALS Laboratory Perth via tracked TOLL freight consignment with assay results pending.
		duplicate/second-half sampling.
		• Whether sample sizes are
		appropriate to the grain size of the
		material being sampled.
Quality of assay data and laboratory tests		• The nature, quality and appropriateness of the assaying and laboratory procedures used and	• RAMAN spectroscopy is a laser based vibrational technique that generates a unique spectrum that is matched to a
		whether the technique is considered	known mineral using an extensive
		partial or total.	mineral spectrum library developed by
		• For geophysical tools, spectrometers,	Portable Spectral Services.
		handheld XRF instruments, etc, the	• The technique is non-destructive and
		parameters used in determining the	provides a rapid method to identify
		analysis including instrument make	minerals in drill core, rock chips or
		and model, reading times,	hand specimens.
		calibrations factors applied and their derivation, etc.	• The analytical techniques and quality control protocols used are considered
		• Nature of quality control procedures	appropriate for the data to be used for
		adopted (e.g. standards, blanks,	reporting exploration rock chip
		duplicates, external laboratory	mineralogy results.
		checks) and whether acceptable
		levels of accuracy (i.e. lack of bias)
		and precision have been established.
Verification of sampling and assaying		• The verification of significant intersections by either independent or alternative company personnel.	• All rock chip sampling and RAMAN data were stored in a secure database with restricted access.
		• The use of twinned holes.	• Digital sample submission forms
		• Documentation of primary data, data entry procedures, data verification, data storage (physical and electronic)	provided the sample identification numbers accompanying each submission to the laboratory.
		protocols.	• All sampling, assaying and laboratory
		• Discuss any adjustment to assay data.	analysis documentation are validated and stored off-site with an
			independent third party.
			• Laboratory analytical results with
			corresponding sample identification
			are loaded directly into the database.
			• No analytical result adjustments have
			been applied.
			• Verification of the rock chip RAMAN
			spectroscopy results has been
			completed byPortable Spectral

Page 10 of 14

Criteria	JORC Code explanation	JORC Code explanation	Commentary	Commentary
				Services Pty Ltd and the Competent
				Person.
Location of data points		• Accuracy and quality of surveys used to locate drill holes (collar and down-	•	All rock chip sample locations (x-y) have been recorded with a 64s
		hole surveys), trenches, mine		Garmin Handheld GPS with 3-5m
		workings and other locations used in		accuracy and height (z) relative to
		Mineral Resource estimation.		AHD.
		• Specification of the grid system used.	•	All sample location coordinates are
		• Quality and adequacy of topographic control.		provided in the Geocentric Datum of Australia (GDA94 Zone 50S).
			•	RL data is verified utilising publicly
				available SRTM-derived (~30m pixel)
				Digital Elevation Model.
Data spacing and distribution		• Data spacing for reporting of Exploration Results.	•	The rock chip sampling reported was conducted randomly.
		• Whether the data spacing and	•	No sample compositing is applied to
		distribution is sufficient to establish		samples.
		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.
Orientation of data in relation geological structure	to	• Whether the orientation of sampling achieves unbiased sampling of possible structures and the extent to which this is known, considering the	•	The rock chip samples were collected irrespective of the geometry/orientation of the outcropping pegmatite dykes.
		deposit type.	•	The rock chip sampling is
		• If the relationship between the		reconnaissance in nature and targeted
		drilling orientation and the		at select outcropping pegmatite
		orientation of key mineralised		dykes.
		structures is considered to have
		introduced a sampling bias, this
		should be assessed and reported if
		material.
Sample security		• The measures taken to ensure	•	Samples were secured in closed
		sample security.		polyweave sacks and stored at
				company premises.
			•	All samples have been delivered direct
				to the laboratory and company
				premises via tracked TOLL freight
				consignment.
Audits or reviews		• The results of any audits or reviews	•	Due to the limited duration of the
		of sampling techniques and data.		program, no external audits or reviews
				have been undertaken.

Section 2 Reporting of Exploration Results

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	• E45/4700 is 100% owned by Kalamazoo Resources Ltd and is in good standing with no known impediments.
	parties such as joint ventures,
	partnerships, overriding
	royalties, native title interests,
	historical sites, wilderness or
	national park and
	environmentalsettings.

Page 11 of 14

Criteria	JORC Code explanation	Commentary
	• The security of the tenure held
	at the time of reporting along
	with any known impediments
	to obtaining a licence to
	operateinthe area.
Exploration done by other parties	• Acknowledgment and appraisal of exploration by other parties.	• The project area has been explored for both LCT pegmatites and alluvial and quartz-vein (nuggety) gold mineralisation by numerous
		previous parties.
		• The historical rock chip samples reported
		here are from Sayona Mining Limited June
		2019 Quarterly Activities Report (ASX: SYA 31
		July 2019).
		• The historical rock chip results reported have
		not been independently verified by
		Kalamazoo.
		• Appraisal of the substantial volume of
		historical exploration occurred is ongoing.
Geology	• Deposit type, geological	• The company is targeting lithium-caesium-
	setting and style of	tantalum mineralisation hosted by granitic
	mineralisation.	pegmatites.
		• The tenement covers a portion of the
		southwestern margin of the Mt Edgar
		batholith. This large granitic complex
		comprises a number of discrete intrusions
		including ‘younger’ monzogranites.
		• The tenement is prospective for lithium
		mineralisation associated with spodumene
		bearing pegmatites. Regionally, spodumene
		pegmatites have been identified within the Mt
		Edgar batholith, associated with the fertile
		Moolyella monzogranite.
		• The bulk of the tenement covers the Fig Tree
		Gneiss member of the Tambina Supersuite.
		The northern portion of the tenement adjoins
		the Moolyella monzogranite, and the south
		western part covers the Jenkin Granodiorite
		(3313 – 3307 Ma) member of the Emu Pool
		Supersuite.
		• Spodumene has not been identified by
		Kalamazoo within the project tenement to
		date.
		• The Marble Bar Lithium Project is prospective
		for alluvial and bedrock gold occurrences
		typical of the East Pilbara region.
Drill hole Information	• A summary of all information material to the understanding	• Not applicable.
	of the exploration results
	including a tabulation of the
	following information for all
	Material drill holes:
	o easting and northing of the
	drill hole collar
	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 holelength.

Page 12 of 14

Criteria	JORC Code explanation	Commentary	Commentary
	• 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 aggregation methods	• In reporting Exploration Results, weighting averaging techniques, maximum and/or	•	Not applicable.
	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 between mineralisatio n widths and intercept	• These relationships are particularly important in the reporting of Exploration Results.	• The exact relationship of results reported to any mineralisation present is unknown at the time of reporting.
lengths	• 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 notknown’).
Diagrams	• Appropriate maps and sections	• As provided.
	(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.
Balanced reporting	• Where comprehensive reporting of all Exploration	• Only significant visual and RAMAN spectroscopy analytical results have been
	Results is not practicable,	reported. A significant rock chip result is the
	representative reporting of	confirmation of the occurrence of lepidolite
	both low and high grades	mineralisation both visually by Kalamazoo
	and/or widths should be	Geologists and by subsequent RAMAN
	practiced to avoid misleading	spectroscopy.
	reporting of Exploration
	Results.
Other substantive	• Other exploration data, if meaningful and material,	• No other exploration data to report.
	should bereportedincluding

Page 13 of 14

Criteria	JORC Code explanation	Commentary
exploration	(but not limited to): geological
data	observations; geophysical
	survey 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	• Further field-based geological mapping and
	planned further work (e.g. tests	reconnaissance is planned.
	for lateral extensions or depth extensions or large-scale step- out drilling).	• Future evaluation of the results of a project- wide soil sampling survey that will be completed in late-January 2022.
	• 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 14 of 14