KILLI RESOURCES LIMITED — Capital/Financing Update 2022

Feb 20, 2022

ASX ANNOUNCEMENT ASX | KLI

ASX LISTING

21[st] February 2022

NEW GOLD TARGETS AT WEST TANAMI

• District wide evaluation has identified new priority gold prospects to be explored over West Tanami’s 100km of prospective strike , within the Tanami Gold Province. The greater Tanami Gold Province is hosts more than 18M oz of gold.

• The gold targets are in addition to the 95kms of rare earths strike recently announced, demonstrating a camp scale opportunity.

• The major mineralising structure of the Tanami is interpreted in the north of the Project area, at the Oracle prospect.

• Exploration targets have been generated based on the specific analogues of Newmont’s Callie, and Norther Star Resources Ltd.’s Coyote/Kookaburra gold deposits.

• Two new geophysical targets identified north of the Kookaburra gold mine.

• Geochemical targets remain open, untested and available for drilling in 2022 field season. Field work to commence shortly.

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Figure 1. Interpreted location of the structure responsible for the mineralisation at the Granites, Callie and the Tanami Goldfields, as well as the main gold corridors at the West Tanami Gold Project.

ACN 647 322 790 | Address 945 Wellington Street, West Perth Western Australia 6005 Telephone +61 8 9322 7600 | Email admin@killi.com.au | Website www.killi.com.au

Killi Resources Limited (‘ Killi ’ or the ‘ Company ’) ( ASX:KLI ) is pleased to report the recent work completed to develop the understanding of the potential for a multi-million ounce sediment-hosted orogenic gold deposit within the West Tanami Gold Project .

Killi has generated multiple gold targets by using similar analogues to that of Callie Gold Mine (Newmont), Coyote (Northern Star) and Kookaburra (Northern Star), as these systems have unique styles of mineralisation. Three corridors have been established over the project to prioritise Killi’s gold exploration strategy and represent the major gold systems they are associated with, Callie Corridor , Kookaburra Trend and the Coyote Corridor.

Geological and geophysical data has been evaluated and it has been interpreted that the highly prospective fault structure from the Callie gold mine crosses through the centre of the northern tenement held by Killi, more commonly known as the D5 fault structure in the Tanami, Figure 2 .

The Coyote and Kookaburra deposits are associated with high gravity responses from geophysical surveys, representing intrusive bodies within the sediment sequences. Evaluation and reprocessing of the gravity data has identified two additional gravity high responses on the tenement package within the Kookaburra Trend and Callie Corridor, Figure 2.

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Figure 2. Location of gold targets at the West Tanami Project, with the three main corridors identified for gold mineralisation, over airborne magnetics (TMI_1VD).

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Multiple geochemical anomalies are evident throughout the project, at Oracle, Navajo , Hermes , Pennacock , and Pawnee . The most significant anomaly is in the north at Oracle, a RAB/AC anomaly with 30ppb (10x background) gold, over 7km in length and 0.3km in width. Previous exploration over this prospect had been for uranium and gold by the likes of Afmeco Mining and Exploration and Barrick Gold (“Barrick”) in the early 2000’s. Both companies targeted the unconformity between the Gardiner Sandstone and the Killi Killi Formation. Barrick completed a wide spaced (500m grid) shallow first-pass aircore drill program over the area which returned 9m @ 93.1ppb Au from 56m (BLAC1777) and 10m @ 31.6ppb Au from 83m (BLAC1786) downhole. These results remain open and untested in bedrock, a priority one target for the Company.

Navajo prospect likewise has a 10x background gold RAB/AC anomaly, 4km in length and 0.3km in width.

These geochemical anomalies remain open and untested, with the Company planning to drill test within the 2022 and 2023 field seasons.

CEO, Kathryn Cutler commented ‘ We’re in a well-endowed gold district in the Tanami region, host to 18 million ounces of gold, including the Callie gold mine only 120kms down the road to the south-east. Callie was found on a 50ppb Au geochemical anomaly and has produced over 8Moz of gold to date. The size and scale of the existing geochemical anomalies gives weight to the opportunity that there could be a gold deposit similar to that of Callie, on the WA side of the border, on Killi’s ground’.

Further planned work for gold exploration at West Tanami

Mapping and field reconnaissance will begin on the project within the first quarter of 2022, while all final access approvals are received. A close-spaced low-flown magnetics survey will be conducted in the second quarter of 2022, as well as a rock chip geochemical program will be completed over the project area.

While the gold opportunity is significant for the Company, the potential for rare earths is also highly promising (see announcement 14 February 2022). Gold and rare earth hydrothermal deposits may exist within the same geological setting/feature and therefore exploration for both commodities will run concurrently.

Authorised for release by the Board of Killi Resources Limited

For enquiries contact: Kathryn Cutler Emma Wates Chief Executive Officer Company Secretary +61 8 9322 7600 +61 8 9322 7600 kathryn@killi.com.au emma@killi.com.au

Competent Person’s Statement

The information in this report that relates to Exploration Results is based on information compiled by Ms Kathryn Cutler. Ms Cutler is a Member of The Australasian Institute of Mining and Metallurgy. Ms Cutler has sufficient experience that is relevant to the style of mineralisation and type of deposit under consideration and to the activity which they are 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. Ms Cutler consents to the inclusion in this report of the matters based on this information in the form and context in which it appears.

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Killi Resources Limited

Killi is a gold and copper explorer with four wholly owned assets in Australia, with a focus on the Tanami region of Western Australia, Figure 3 . The Company is focussed on underexplored provinces with the potential for a large-scale new discovery.

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Figure 3 . Location of Killi Resources Limited gold and copper projects in Australia.

West Tanami

The Company owns 100% of the West Tanami Gold Project in the north-east of Western Australian. The land holding totals 1,634km[2] of granted tenure over 100km strike of the major gold corridor, Tanami Fault System, with existing gold endowment of the Tanami Gold Province greater than 19M oz Au. Within the district there are multiple gold deposits which include Callie Gold Mine (Newmont, ~13Moz Au), the Tanami Goldfields (3M oz Au), Twin Bonanza (1.5M oz Au) and the Coyote and Kookaburra mines (Norther Star, ~1M oz Au), Figure 4.

Aside from gold, recent work completed by explorers in the area have highlighted the potential for hydrothermal Rare Earth systems, with the district.

85% of the tenement package is covered by shallow transported cover (12-15m depth) which provides an opportunity for the discovery of a new mineralisation system.

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Figure 4 . Location of West Tanami Gold Project in relation to existing Gold Mines in the Tanami Region.

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Section 1 Sampling Techniques and Data

Criteria	JORC Code explanation	Commentary
Sampling techniques	• Nature and quality of sampling (eg cut channels, random chips, or specific specialised industry standard measurement tools appropriate to the minerals under investigation, such as down hole 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 (eg ‘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 (eg submarine nodules) may warrant disclosure of detailed information.	Acacia – 1997 (RAB) Post-hole geochemical Rotary Air Blast Drilling, using the Bostech Drilling, ‘Drillboss’ rig was used to complete the program. Anglogold 2001-2002 (RAB) Post-hole geochemical Rotary Air Blast Drilling, using the Bostech Drilling, ‘Drillboss’ rig was used to complete the program. Barrick 2001-2003 (RAB) RAB and AC Drilling was completed by Bostech Drilling, with holes either vertical or angled -60° towards 180/360° magnetic. Samples were collected off the rig via a cyclone system at 1m intervals. Tanami Gold 2004-2011 (RAB AC RC) Sampling was undertaken using industry best practices. RC samples were collected via rig-mounted static cone splitter, splitting sample in an 88%/12% ratio. 12% split retained for 1m composites and 88% split retained as a bulk reject. All 1m samples were sent for analysis. 1m samples are collected through zones of mineralisation, at the discretion of the supervising geologist. 4m composite samples are collected in all other zones using the spear method. Spear sample collection is undertaken by using a 30cm length of 50mm PVC pipe, spearing the pipe through the bulk reject sample to acquire a cross- section of the entire bag contents. Where 4m composite samples return a grade greater than 0.5g/t Au the rig split 1m samples are dispatched for analysis. RC metre intervals were captured on hard copy paperwork and cross-checked by the supervising geologist to ensure accuracy. Sample rejects are left on the sample pad to indicate metres drilled for the hole. RC Sampling to industry standard at the time of drilling where ~4kg samples are pulverised to produce a ~200g pulp sample to utilize in the assay process. RC samples were fire assayed (50g charge).
Drilling techniques	• Drill type (eg core, reverse circulation, open-hole hammer, rotary air blast, auger, Bangka, sonic, etc) and details (eg 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).	Acacia – 1997 (RAB) RAB drilling was completed using Bostechs ‘Drillboss’ rig, where samples were collected at the interface of the cover and saprolite material intersected. Anglogold 2001-2002 (RAB) RAB drilling was completed using Bostechs ‘Drillboss’ rig, where samples were collected at the interface of the cover and saprolite material intersected. Barrick 2001-2003 (RAB) RAB and AC drilling was completed by Bostech Drilling to blade refusal (unless abandoned). Drill holes were either vertical or angled -60° towards 180/360° magnetic. Samples were collected off the rig via a cyclone system at 1m intervals Tanami Gold 2004-2011 (RAB AC RC) RC drilling is carried out using a face sampling hammer with a 130mm diameter bit.
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.	Acacia – 1997 (RAB)

ACN 647 322 790 | Address 945 Wellington Street, West Perth Western Australia 6005 Telephone +61 8 9322 7600 | Email admin@killi.com.au | Website www.killi.com.au

Criteria	JORC Code explanation	Commentary
	• 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.	Samples were taken in three metre composites, above the cover/saprolite interface and the bottom of hole. Any significant laterite was also sampled and any quartz veined material. Sample recovery was not recorded. Anglogold 2001-2002 (RAB) Samples were taken in three metre composites, above the cover/saprolite interface and the bottom of hole. Any significant laterite was also sampled and any quartz veined material. Sample recovery was not recorded. Barrick 2001-2003 (RAB) RAB and AC drilling was completed using a 4” drill bit. Drill samples were collected in 1m intervals down the hole and placed at the collar. Samples were obtained using a spear, to a nominal 2kg, representing a 5m interval. These 5m composite samples were placed in calico bags and submitted to Ultratrace Laboratories Ltd Perth for preparation and analysis. Sample recovery was recorded and stored in the company database and provided to the Mines Department as part of the Annual report. Tanami Gold 2004-2011 (RAB AC RC) During RC drilling, approximate recoveries were recorded as percentage ranges based on a visual and weight estimate of the sample. RC drilling recovery is supervised on the rig and any recovery issues were recorded and rectified. Therewasnoknown relationship betweensamplerecovery and grade.
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.	Acacia – 1997 (RAB) All RAB holes were logged for weathering, lithology, colour, grainsize and quartz content, and recorded in the company database. Anglogold 2001-2002 (RAB) All RAB holes were logged for weathering, lithology, colour, grainsize and quartz content, and recorded in the company database. Barrick 2001-2003 (RAB AC) RAB and AC holes were all logged for weathering, lithology, major minerals, colour, grainsize, structure, hardness and any alteration. Tanami Gold 2004-2011 (RAB AC RC) RC chip samples were logged by a qualified geologist to a level of detail to support appropriate Mineral Resource estimation, mining studies and metallurgical studies. RC hole logging was carried out on a metre-by-metre basis at the time of drilling. Logging is qualitative and quantitative, visual estimates are made of sulphides, quartz, and alteration as percentages. 100% of all RC drilling is 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 whether sampled wet or dry. • 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.	Acacia – 1997 (RAB) Samples were collected using a scoop, compositing the metre intervals into a 3m composite sample. Samples were only taken at the alluvial cover/saprolite interface, at bedrock, at zones of lateritic interest, and zones of notable quartz content. Samples were sent to ALS in Alice Springs and were analysed for low level gold via Au-AA22, 1ppb Au detection limit. Samples were also submitted for ICO analysis (ME- ACP41) for As, Bi, Pb, Sb, Zn, Cu and Mo. There is no record of QAQC being used. Anglogold 2001-2002 (RAB)

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Criteria	JORC Code explanation	Commentary
	• 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.	Samples were collected using a scoop, compositing the metre intervals into a 3m composite sample. Samples were only taken at the alluvial cover/saprolite interface, at bedrock, at zones of lateritic interest, and zones of notable quartz content. Samples were sent to ALS in Alice Springs and were analysed for low level gold via Au-AA22, 1ppb Au detection limit. Samples were also submitted for ICO analysis (ME- ACP41) for As, Bi, Pb, Sb, Zn, Cu and Mo. There is no record of QAQC being used. Barrick 2001-2003 (RAB) Samples were sent to Ultra Trace in Perth for analysis. Samples were analysed by Aqua Regia (AR002 & AR102) technique) for Au (a 0.1ppb Au detection limit), Bi, Pb, Sb, W, Cu, and Zn. BLEG analysis was also completed on the majority of RAB and AC holes. Sampling targeted the pisolitic or lag rich horizon that was located below the aeolian sand. The pisolitic rich intervals were sieved (-6mm+2mm) to remove aeolian sand and organic contamination. A nominal weight of 500g of lag was collected and stored in snap-lock plastic bags within numbered calico bags. The samples were initially dispatched to Genalysis Laboratory Services (Perth) for analysis, then later to Ultra Trace (Perth). The sample were subjected to bulk cyanide leach with ICP-Ms finish to a detection limit of 0.01ppb Au at Genalysis and 0.05ppb Au at Ultra Trace. Tanami Gold 2004-2011 (RAB AC RC) No diamond core is reported. RC drilling used a cyclone mounted inverted cone splitter. RC samples were dried at 100C to a constant mass, all samples below approximately 3kg are totally pulverised in a LM5 to nominally 85% passing a 75um scree. Samples generated above 4kg are crushed to <6mm and cone split to nominal mass prior to pulverization. For RC samples, no formal heterogeneity study has been carried out or monographed. An informal analysis suggests that the sampling protocol currently in use are appropriate to the mineralisation encountered and should provide representative results. Repeat analysis of pulp samples (all sample types) occurs at an incidence of 1 in 20 samples. Field duplicates were routinely assayed. Sample sizes ae considered appropriate for the type if mineralisation intercepted. No formal monographstudyhas beenconducted on theRC primary sub sample split.
Quality of assay data and laboratory tests	• The nature, quality and appropriateness of the assaying and laboratory procedures used and whether the technique is considered partial or total. • 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 (eg standards, blanks, duplicates, external laboratory checks) and whether acceptable levels of accuracy (ie lack of bias) and precision have been established.	The method of gold assay by Acacia, Anglogold, Barrick and Tanami Gold were all appropriate for the analysis of gold within a rock sample. All companies used fire assay or aqua regia, both suitable for gold analysis. Standards and blanks were all submitted with the RAB drilling completed by Anglogold and Barrick
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.	Acacia – 1997 (RAB) No details of verification have been found. Anglogold 2001-2002 (RAB) No details of verification have been found. Drillhole data can be found in Annual Reports a66270.

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Criteria	JORC Code explanation	Commentary
	• Discuss any adjustment to assay data.	Barrick 2001-2003 (RAB AC) Drill hole data can be found in Annual Reports a64339 and a68079. Tanami Gold 2004-2011 (RAB AC RC) All sampling and logging was checked by the supervising geologists on the drill rigs, and has been cross- referenced with department annual reports. Primary data was imported into a SQL database using a semi-automated data entry system. Visual checks on data are part of daily use of the data in geological modelling software including Vulcan and Leapfrog. The first assay is always used in reporting of intercepts, no check or re-assaying samples are used.
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.	Acacia – 1997 (RAB) Location of RAB holes has been determined by handheld GPS. Initially recorded in AMG84_52 and then transformed into MGA94_52 grid system. Anglogold 2001-2002 (RAB) Location of RAB holes has been determined by handheld GPS. Initially recorded in AMG84_52 and then transformed into MGA94_52 grid system. Barrick 2001-2003 (RAB) Drill hole collar locations were recorded using a handheld GPS, where they were recorded in AMG84_52 and transformed within the database into MGA94_52 grid system. Tanami Gold 2004-2011 (RAB AC RC) Location data was recorded using a handheld Garmin GPS, in MGA94_52. Location data was either recorded in MGA94_55 Map Grid of Australia, or in AMG84_55 and then converted to MGA94_55. Where a DGPS was possible, Whelans completed the collar locations. Multi-shot cameras were used for down-hole survey. Topographic data was recorded from hand-held GPS and compared with airborne topographic data collected from geophysical surveys.
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.	Acacia – 1997 (RAB) Spacing varied, however was systematic on either 400 x 50m or 400 x 100m grid patterns. Anglogold 2001-2002 RAB Spacing varied, however was systematic on either 400 x 50m or 400 x 100m grid patterns. Barrick 2001-2003 RAB Drilling was generally completed on a 250 x 250m or 250 x 100m spaced grid. Samples were composited to either 5m composites or 4m composites. Tanami Gold 2004-2011 RAB AC RC Exploration results in this report range from 40m x 40m drillhole spacing to 800m x 100m spacing. The data spacing and distribution is sufficient to establish geological and/or grade continuity appropriate for geological interpretations. RC samples completed by Tanami Gold were all single metre samples, there as no compositing. AC drill holes were composited to 4m, with samples returning values >0.5g/t Au the 1m splits were also analysed.

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Criteria	JORC Code explanation	Commentary
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.	Acacia – 1997 (RAB) All post hole RAB holes were vertical. Samples were selective downhole, however were systematically chosen based on geological attributes by a qualified geologist. It is believed there is no sample bias from this drilling and sampling procedure. Anglogold 2001-2002 (RAB) All post hole RAB holes were vertical. Samples were selective downhole, however were systematically chosen based on geological attributes by a qualified geologist. It is believed there is no sample bias from this drilling and sampling procedure. Barrick 2001-2003 (RAB AC) RAB drillholes were vertically oriented, and AC holes were angled -60° to the south (180°) or north (360°). Tanami Gold 2004-2011 (RAB AC RC) The orientation of geological units adjacent target prospects has been determined from outcrop/subcrop and extrapolated in areas under alluvial/aeolian cover. From the interpretation the drill direction has been determined to ensure a cross-section of the geology is achieved. The drill direction chosen at all prospects is believed to be appropriate for the geology and style of mineralisation.
Sample security	• The measures taken to ensure sample security.	Acacia – 1997 (RAB) Samples were sent from the drill site to ALS laboratories in Alice Springs. No further information is known about the sample security. Anglogold 2001-2002 (RAB) Samples were sent from the drill site to ALS laboratories in Alice Springs. No further information is known about the sample security. Barrick 2001-2003 (RAB) Sample security for these samples was not recorded and is unknown – no documents were found. Tanami Gold 2004-2011 (RAB AC RC) Samples were sent from the drill rig to Perth by freight courier to the relevant laboratories. There is no evidence to suggest there has been.
Audits or reviews	• The results of any audits or reviews of sampling techniques and data.	Acacia – 1997 (RAB) Anglogold 2001-2002 RAB Barrick 2001-2003 RAB Tanami Gold 2004-2011 RAB AC RC There are no internal or external reviews or audits of the data recorded.

Section 2 Reporting of Exploration Results

Criteria	JORC Code explanation	Commentary
Mineral tenement and	(a) 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 _	Killi Resources Limited or its wholly owned subsidiaries have 100% ownership of all tenements, with no third- party royalties and no known impediments exist for the projects. All tenements are in good standing.

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Criteria	JORC Code explanation	Commentary
land tenure status	sites, wilderness or national park and environmental settings. (b) 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.
Exploration done by other parties	(c) Acknowledgment and appraisal of exploration by other parties.	West Tanami Projectincludes previous work completed by Homestake, Barrick, Acacia Resources Ltd, Anglogold, BHP Minerals Pty Ltd, Northern Minerals Ltd, Perilya Mines NL, Tanami Gold NL, Geopeko, Glengarry Resources NL, MIM Exploration Pty Ltd, New Consolidated Gold Fields Australia Ltd, Slatey Creek Pty Ltd, and Iron Bull Bangemall Pty Ltd.
Geology	(d) Deposit type, geological setting and style of mineralisation.	West Tanami ProjectKnown mineralization of the Tanami is hosted within the Proterozoic Tanami Group. Gold Mineralisation is generally structurally controlled in the form of quartz veins associated with the thrust event ~1800Ma, known as the Tanami gold event.
Drill hole Information	(e) 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: (i) easting and northing of the drill hole collar (ii) elevation or RL (Reduced Level – elevation above sea level in metres) of the drill hole collar (iii) dip and azimuth of the hole (iv) down hole length and interception depth (v) hole length. (f) 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.	All significant intersections and drillhole information is tabulated and recorded in the Prospectus. No new drillhole information was reported in this announcement.
Data aggregation methods	In reporting Exploration Results, weighting averaging techniques, maximum and/or minimum grade truncations (eg 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.	Exploration results are provided using a weighting average technique. The majority of drillhole intercepts quoted were in equal metres and did not require weighting. Grades were generally recorded that were greater than 0.1g/t Au, with no more than 2m internal dilution permitted. Other than RAB data, which was analysed down to 0.5ppb Au.

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Criteria	JORC Code explanation	Commentary
	The assumptions used for any reporting of metal equivalent values should be clearly stated.
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 (eg ‘down hole length, true width not known’).	Downhole lengths reported in all items, not true widths.
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.	Appropriate plans and cross-sections have been provided in the Independent Geological Report (IGR), for any significant intercepts at specific prospects.
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.	Reporting of exploration results is comprehensive and includes not just high-grade results but a range of anomalous results over a variety of drilling methods.
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 samples – size and method of treatment; metallurgical test results; bulk density, groundwater, geotechnical and rock characteristics; potential deleterious or contaminating substances.	N/A
Further work	The nature and scale of planned further work (eg tests for lateral extensions or depth extensions or large-scale step-out drilling). (g) Diagrams clearly highlighting the areas of possible extensions, including the main geological interpretations and future drilling areas, provided this information is not commercially sensitive_._	(h) Further work is planned for the West Tanami Project, at its prospects, including field mapping, geophysical surveys (VTEM), geochemical survey, aircore drilling and reverse circulation drilling are all planned using industry best practices to ensure quality exploration is conducted. (i) Further work is planned at the Ravenswood North Project, which includes a geophysical survey (VTEM), geochemical survey (soil sampling), aircore and reverse circulation drilling. (j) Exploration activities will be planned as required and as the result of previous work completed.

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