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LOYAL METALS LTD Annual Report 2022

Apr 2, 2023

65244_rns_2023-04-02_a879a11d-ad4b-4d9f-ba4e-9b065cbe34bb.pdf

Annual Report

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Loyal Lithium Limited ABN 20 644 564 241

Annual Report - 31 December 2022

Loyal Lithium Limited Corporate directory 31 December 2022

Directors Mr. Peretz Schapiro – Executive Chairman Mr. Adam Ritchie – Managing Director Mr. Andrew Graham – Non-Executive Director Company secretary Mr. Ian Pamensky Registered office: 5/10 Johnston Street Peppermint Grove WA 6011 Telephone: (08) 6245 2490 Fax: (08) 9322 4130 Email: [email protected] Website: www.loyallithium.com Share register Automic Registry Services Level 2, 267 St Georges Terrace Perth WA 6000 Telephone: 1300 288 664 Facsimile: +61 2 9698 5414 Auditor BDO Audit Pty Ltd Level 18, 727 Collins Street Melbourne VIC 3008 Stock exchange listing Loyal Lithium Limited shares are listed on the Australian Securities Exchange (ASX code: LLI)

1

Loyal Lithium Limited Chairman’s Review of Operations 31 December 2022

By the end of 2022 Loyal Lithium had begun executing its strategic business plan with a sustained focus on North American lithium. This included a formal name change to Loyal Lithium Limited (ASX: LLI) and the launch of the new website www.loyallithium.com.

Continued investment into Canadian Hard-Rock lithium occurred with acquisitions including the Brisk Lithium Project and then the large and highly prospective Trieste Lithium Project in James Bay, Québec. Loyal Lithium’s prospective North American Lithium landholdings (396km[2] ) are now 8 times larger than the gold and base metal exploration properties it holds in Western Australia (50km[2] ).

The Trieste Lithium Project was acquired due to its location along strike (14 km directly east) and around the same large structure with greenstones that extend from Winsome Resources’ (ASX:WR1) Adina Lithium Project. To further support the acquisition an historical anomalous lithium outcrop sample (180ppm) and numerous historically mapped I1A (alkaline feldspar intrusive) pegmatites were also present and confirmed via satellite photography that form linear resistive outcrop ridges within a larger pluton.

Loyal Lithium’s North American Lithium portfolio in Tier 1 mining jurisdictions includes (figure 1):

  • Hard Rock – Trieste Lithium Project (Québec, Canada)

  • Sediments & Brines – Scotty Lithium Project (Nevada, USA)

  • o Hard Rock – Brisk Lithium Project (Québec, Canada)

==> picture [449 x 272] intentionally omitted <==

Figure 1: Location of LLI’s Trieste, Brisk and Scotty Lithium Projects in North America

Trieste Lithium Project

The Trieste Lithium Project is a large-scale lithium project (covering 251 km[2] ) located 14 km East of Winsome Resources’ (ASX: WR1) Adina Lithium Project , where diamond drilling continues to define a significant discovery of hard rock lithium (figure 2). The Trieste Lithium Project is 8.6 times larger than the Adina Lithium Project and contains 35 I1A pegmatites (A-Type), which is the same classification used by Québec government geological surveys to originally describe Adina.

Loyal Lithium Limited Chairman’s Review of Operations 31 December 2022

==> picture [510 x 156] intentionally omitted <==

Figure 2: Trieste Lithium Project claims with historical outcrop points of I1A type pegmatites

LLI formulated a Trieste work plan in Q4 2022 with a historical data review undertaken of both publicly available and data obtained via option. The data and reports, although not focusing on lithium exploration, contained information on field survey outcrops and till sampling that identified 153 Mapped Pegmatite locations - 35 I1A type (the same type as found at Winsome’s Adina) and 118 I1G type (is also prospective for lithium elsewhere in the James Bay region).

The putonic rock classification derives from the logging code systems used by historical explorers which is required to be used in submitted reports to the regulator in Quebec (MERN). The logging code system is in French as the primary language which takes precedence, translated into the English language:

  • French: SIGEOM Roche I1A Granite à feldspath alcalin et I1G Pegmatite (granitique).

  • English: I1A granite with alkali feldspars and I1G granitic pegmatite. o “I” means igneous o “1” is the felsic end of the spectrum while “4” is ultramafic

  • "A" represents Alkali feldspar

For example, an I2A is Syénite quartzifère à feldspath alcalin, Alkali feldspar quartz syenite.

All historical drill logs and drill core photos show I1G pegmatites. Although the drill core is not from the most lithium prospective areas, geochemical assaying will (as a minimum) assist geological definition and the prioritisation of field program targets (figure 3). The drill core was located at a storage facility in Northern Québec, with samples collected in early 2023.

Loyal Lithium Limited Chairman’s Review of Operations 31 December 2022

==> picture [437 x 374] intentionally omitted <==

Figure 3: Trieste Lithium Project Initial Targets, Mapped Pegmatites

High resolution historical satellite data was also acquired with trial processing and interpretations completed by Geospatial Intelligence Ltd to confirm correlation between known mapped pegmatites. Subsequently, site wide work is planned for Q1 2023 with more advanced derivatives of the data by both Geospatial Intelligence Ltd and Terra Resources Ltd.

From historically collected data analysis, historically drill core sampling and satellite data derivatives, field mapping programs across the entire project will be planned. They will be continuously improved up until start date in the Canadian summer of 2023. To assist in designing field survey locations and also the submission of a pre-emptive drill permit application, a series of geophysics surveys, including high-resolution magnetics, wider-spaced magnetics and radiometric surveys, UAV drone type geophysics and Mobile MT, and hyperspectral flown surveys are being scoped out for their type/cost/availability to be completed both before and concurrently with, field geological surveys.

Scotty Lithium Project

The Scotty Lithium Project 700 claims (filed) were acquired by LLI as part of the Company’s acquisition of American Consolidated Lithium Pty Ltd, who held rights to the project in Nevada, USA. The project is located 70km from Albemarle Corp’s Clayton Valley (Silver Peak) Lithium Mine – the only producing lithium mine in the USA and 330 km from Tesla’s Gigafactory, one of the largest globally (figure 4). Two – of the 700 claims (40 acres 16.19 ha) were recently closed as they were partially on a gazetted road. A further 264 claims have been staked (non-active) to the south of the core 698 claims.

Exploration work continues to significantly advance the Scotty Lithium Project:

  • Extensive soils program completed - 540ppm peak Lithium recorded and five target areas defined with Target 2 in the mid-west of the claims the most contiguous, highest priority

  • The 698 claims contain all of the highest priority most prospective sedimentary and brine lithium targets

Loyal Lithium Limited Chairman’s Review of Operations 31 December 2022

  • In-country geological partner engaged – Dahrouge Geological Consulting

  • Drilling program optimised via historical data obtained and constructed 3D basin models from acquired (Caeneus Minerals Ltd) and Terra Resources gravity data

  • Drilling pre-approval environmental survey completed

  • Regulator drilling approvals submitted in August 2022, revised in December 2022 (Bureau of Land Management drill permit subsequently received for nine drill holes in Jan 2023 NV101433, with bond payment secured)

  • Magnetotelluric geophysics survey completed on five traverses for 19.2 km by KLM Geoscience, and inversions by Phoenix, with results finalised Q1 2023

  • Two stages of drilling programs were designed with contractors short listed at the end of 2022 (contract signed subsequently with Boart Longyear in Jan 2023), with ground conditions to define start date, anticipated in late Q1 2023

==> picture [349 x 459] intentionally omitted <==

Figure 4: Scotty Lithium Project well positioned within Nevada

An auger soil sampling program completed in July 2022, covered the entire Scotty Lithium Project with 643 samples collected. A total of 177 samples (~27%) recorded greater than 200ppm Li and 89 samples (~14%) recording greater than 264ppm Li. Five target zones were identified from the soils data (figures 5, 6a and 6b and table 1). Results from the soil sampling program assisted LLI define targets to test in

Loyal Lithium Limited Chairman’s Review of Operations 31 December 2022

a maiden drilling program. Previous soil sample programs were effective in delineating the potential of the Bonnie Claire Lithium Resource for lithium compounds in clay.

==> picture [441 x 488] intentionally omitted <==

Figure 5 : Auger soils locations coloured by lithium grade ppm and target zones

Zones Characteristics Target
Resource
Samples
**>200ppm **
Samples
**>264ppm **
Max Li
**ppm **
>165ppm
km2
Target 1 Northern zone
shallowing basin,
combination of clays
and alluvial fan on
surface with historical
MT data suggests
potential for deeper
sediment in
embayment
Sediment 39 13 540 5.4

Loyal Lithium Limited Chairman’s Review of Operations 31 December 2022

Zones Characteristics Target
Resource
Samples
**>200ppm **
Samples
**>264ppm **
Max Li
**ppm **
>165ppm
km2
Target 2 Western zone along the
flanks of the basin with
lake sediments exposed
in the west and late
alluvial fan material in
the east
Sediment 99 61 448 10.0
Target 3 Eastern zone along
strike south of Bonnie
Claire. Alluvial fan, lake
clays and evaporites
Sediment 17 9 421 2.3
Target 4 Southern extension of
Bonnie Claire deep
sediments and brine
targets suggested from
historical MT data
Sediment
& Brine
15 5 364 7.0
Target 5 Southern margin
extension of long axis of
basin with historical
gravity data suggesting
clays and evaporites
below alluvial fan
material. Potential
Brines
Sediment
& Brine
2 nil 214 4.0

Table 1 : Characteristics of target areas generated from soils

Characteristics of the auger soils targets generated as are follows:

Target 1 is in the very north of the project area across both recent alluvial fan sediments and gully erosion that has exposed finer grained clays and evaporites. Over 5.4km[2] of >164ppm lithium with the highest value in the northwest at 540ppm Lithium. Target 1 contains an interpreted North Embayment deepening of the basin (~500m) that has returned strong soils and is seen as a primary sediment target with assumed depth and mineralogy like that at the adjacent Bonnie Claire Project which holds 18.37Mt Lithium Carbonate Equivalent.

Target 2 is in the mid-west of the project area covering an area in excess of 10km[2] with >165ppm lithium and a peak value of 448ppm lithium, which is more than 40% higher than the maximum soils value found on the adjacent Bonnie Claire resource surface, which occurs over an approximate 16 km2 area at depth. The lithium grades follow the lake surface and recent alluvial fan material may have concealed finer-grained evaporites and clays beneath that contain lithium.

Target 3 is located in the very east of the project area over a >2km[2] area of >165ppm lithium with the highest value at 421 ppm Lithium. This area is on the south-eastern flank along trend from the Bonnie Claire deposit. Alluvial fan material partially covers the finer-grained clays and evaporites that have been found to contain higher lithium grades elsewhere.

Target 4 is in the upper south of the project area over a >7km[2] area of >165ppm lithium with the highest value at 364 ppm Lithium. This area is directly along trend south from the Bonnie Claire deposit and is both a sediment and brine lithium target for drilling. Alluvial fan material partially covers the finer-grained clays and evaporites that have been found to contain higher lithium grades at Bonnie Claire.

Loyal Lithium Limited Chairman’s Review of Operations 31 December 2022

Target 5 contains the lowest lithium on surface of all five targets, however a distinct soils anomaly persists across recent alluvial fan sediments that may be concealing higher grade lithium in evaporites and clays beneath. There is also the potential extension of lithium brines at depth as found to the north of this area. Gravity and MT data suggest the basin is deeper than originally thought towards this southern area therefore may have substantial host sediments and brine at depth.

Strong lithium-boron drill results were reported in 2022 on the adjacent Bonnie Claire Project from 1 to 4km east of LLI’s Scotty Target 2, on the mid - west area of LLI’s 698 claims block. Two mineralised layers with assays to maximum of 5,570ppm lithium and >10,000ppm boron maximum were found in the drilling. LLI’s Scotty Target 2 soils shows lithium -boron anomalous assay results to a maximum of 448ppm lithium and 3,360ppm boron from a >10km[2 ] contiguous surface area >165ppm Li (figs 6a/6b).

==> picture [452 x 398] intentionally omitted <==

Figure 6a: Target 2 auger soils points lithium with 2022 Nevada Lithium drill hole collars

Loyal Lithium Limited Chairman’s Review of Operations 31 December 2022

==> picture [450 x 398] intentionally omitted <==

Figure 6b: Target 2 auger soils points boron with 2022 Nevada Lithium drill hole collars

A 3-dimensional model was built of the Scotty Lithium Project subsurface, based on publicly available information (gravity, magnetotelluric data). A new 3D model is planned from the new MT traverse data survey and gravity data acquired from Caeneus Minerals Ltd, who completed the gravity survey in 2016, to assist in the preliminary definition of drill target areas. These models will be used in conjunction with the new auger soils data and 2022 drilling completed adjacent to Target 2, for drill targeting at LLI’s Scotty Lithium Project.

A Notice of Intent to Drill with an environmental survey was submitted to the Bureau of Land Management, with approval for ground disturbance received in January 2023 and bond payment was made so that drilling could commence. A contract was signed with Boart Longyear drilling contractor and a deposit was made for the services for drilling three drill holes between 150m to 400m on Target 2 using a sonic drill rig.

Brisk Lithium Project

A total of 192 mining claims covering 98.5km[2] were acquired when the option was exercised with Dahrouge Geological Consulting Ltd after field survey outcrop assay results were received (figure 8). The claims are divided into six separate claim blocks, extending over 70km in an east-west direction. A maiden geological mapping and sampling program along traverses, with helicopter transport dropping Geologists onto air photo and historically mapped pegmatite and logged indicator minerals targets. A total of 145 samples were sent for analysis for lithium and 57 elements.

Loyal Lithium Limited Chairman’s Review of Operations 31 December 2022

An inaugural field program was completed at Brisk yielding the following highlights:

  • More pegmatite outcrops than originally anticipated at Area 1

  • Areas 1 & 2 considered prospective for lithium; further field work recommended

  • Multiple samples containing highly fractionated pegmatites with indicator elements and mineralogy (lithium, tantalum, niobium, beryllium and bismuth, tourmaline, apatite and garnet)

  • Area 3 southwest pegmatite body is highly continuous with rubidium detected in the geochemical signature and further field work recommended

==> picture [534 x 148] intentionally omitted <==

Figure 8: Brisk Lithium Project

– Western Australia Projects Gold, Silver, Zinc, Copper and Nickel

An August 2022 Strategic Review of Loyal Lithium’s West Australian assets concluded that: Monger North, Monger South and Gibraltar Projects are better suited to be incorporated into a larger regional package. Therefore, in order to fully unlock the value from LLI’s discoveries of gold exploration targets and a JORC resource, The Company has sought joint venture or divestment of these assets. A due diligence data room was established for prospective purchasers of Loyal Lithium’s West Australian gold and base metal assets. Stronger market conditions for gold, silver, copper, zinc and nickel in 2023 are more likely to source an accretive JV or divestment outcome for LLI shareholders.

Western Australian Gold and Base Metal tenements were explored in 2022 with the following highlights:

  1. Monger North Project: Providence Prospect 16,400 oz JORC Inferred gold resource estimate, an LLI discovery that is open in two directions (SW along strike and NW at depth) and has a DMIRS approval for a total of 80 drill holes until 30/09/2024 with 23 holes completed by LLI. Providence trends just south of the Divine Prospect where LLI found an RC intercept of 3m @ 7.07g/t. Additionally, increased prospectivity of a gold and copper prospect at Hoffmann and southeast Providence with LLI having one RC drill hole intersect 7m @ 1.92g/t Au at Hoffmann and highly anomalous gold geochemistry in trenches of 52m @ 106ppb gold at SE Providence.

  2. Monger South Project: Ben Nevis Prospect copper-zinc-silver anomalous outcrop samples with a 100m deep FLEM geophysics conductor generated; also gold, Cu-Zn-Ag, nickel-cobalt ultrafine soils and outcrop anomalies generated.

  3. Gibraltar Project: Advanced by LLI with exploration target tonnage and gold grade range between a minimum of 285,500t @ 0.71g/t and maximum 386,000t @ 0.97g/t estimated from historical drilling by an independent consultant using mining software and inverse distance squared interpolation. NOTE: due to the uncertainty in supporting data, these minimum and maximum tonnage and grade ranges are conceptual in nature, as there has been insufficient exploration to estimate a JORC Mineral Resource. It is uncertain if further exploration will result in JORC Mineral Resource estimates.

Ultrafine soils gold, base metals and lithium indicator elements anomalies were discovered on the contiguous block of southern tenements with a comprehensive analysis of the data completed by CSIRO as Loyal Lithium was a sponsor of the Ultrafine research program. The lease containing the Exploration Target is a 3.8 km[2 ] mining lease application M15/1876, with native title negotiations progressing.

Loyal Lithium Limited Chairman’s Review of Operations 31 December 2022

Operations Announcements List 2022

  • 27 Jan 2022 Providence Stage Two RC Drill Program Commences

  • 28 Feb 2022 Providence Drilling Uncovers Further Significant Gold Result

  • 17 Mar 2022 Copper & Zinc found in Rock Chip Samples at Mt Monger South

  • 21 Mar 2022 Gold results uncover new Prospect at Mt Monger North

  • 25 Mar 2022 Providence Diamond Drilling Underway & RC Drill Results

  • 12 Apr 2022 CSIRO Ultrafine soils program targets Gold, Nickel & Lithium

  • 3 May 2022 Monger to Acquire US Lithium Project

  • 5 May 2022 Drilling at Providence Uncovers Significant Gold Results

  • 23 May 2022 Copper & Zinc found in Rock Chip Samples at Mt Monger South

  • 24 May 2022 Providence Prospect now a copper-gold system

  • 9 Jun 2022 MMG Completes Acquisition of Scotty Lithium Project, Nevada

  • 20 Jun 2022 Soils Program to Begin at the Scotty Lithium Project, Nevada

  • 29 Jun 2022 Expansion of the Scotty Lithium Project by 37%

  • 4 Jul 2022 Providence Gold Deposit Maiden Mineral Resource Estimate

  • 11 Jul 2022 Extensive Gold Anomaly Discovered at Providence Southeast

  • 19 Jul 2022 Extensive Gold in Soil Anomaly Detected at Gibraltar

  • 12 Aug 2022 Soils Program Completed at Scottys Lithium Project Nevada

  • 18 Aug 2022 Monger Secures Option to acquire the Brisk Lithium Project

  • 26 Aug 2022 Operations Update

  • 31 Aug 2022 Investor Presentation

  • 7 Sep 2022 Inaugural Exploration Program Commenced at Brisk Lit Project

  • 15 Sep 2022 Investor Presentation - September 2022

  • 21 Sep 2022 Strong Soil Assay Results Define Targets at Scotty lithium

  • 3 Oct 2022 MMG Exercises Option to Acquire 100% of the Brisk Lithium

  • 20 Oct 2022 Acquisition 3Xs MMG Landholding in James Bay Lithium District

  • 8 Nov 2022 Investor Presentation

  • 10 & 15 Nov 2022 Western Australian Operations Update

  • 21 Nov 2022 Loyal expands Trieste Lithium Project Land Holding

  • 6 Dec 2022 Lithium Operational Update - Nevada, USA

  • 12 Dec 2022 Lithium Operational Update - James Bay Quebec, Canada

Matters subsequent to the end of the financial year

The following events have occurred subsequent to the period end:

  • The Company has continued its exploration activities at the Large-Scale Trieste Lithium Project, with continued historical data compilation and interpretation, historical core pegmatite samples submitted for assay, a high-resolution magnetic survey was completed; acquisition, processing and derivative products of satellite data and planning underway for further geophysics and inaugural field programs in the 2023 Canadian Spring

  • The Company received data from an MT geophysics survey, received a Bureau of Land Management - Nevada Drilling Permit and bond payment was made, signed contracts for ground preparation (Pinion) and exploration drilling (Boart Longyear) at the Scotty Lithium Project in Nevada USA

  • The Company has negotiated the acquisition of the remaining 20% of the Scotty Lithium Project. Under the terms of the agreement the Company has cancelled the 18,000,000 Performance Shares and 9,000,000 options. The Company has issued 7 million Ordinary Shares and will issue 3.5million unquoted options exercisable at A$0.50 and expiring 3 years from the date of issue (subject to shareholder approval)

  • The Company announced the resignation of non-executive Director Benjamin Fogelgarn and the appointment of Adam Ritchie as Managing Director and Peretz Shapiro as Executive Chairman.

Loyal Lithium Limited Directors' report 31 December 2022

The directors present their report, together with the financial statements, on the consolidated entity (referred to hereafter as the 'consolidated entity') consisting of Loyal Lithium Limited (referred to hereafter as the 'company' or 'parent entity') and the entities it controlled at the end of, or during, the year ended 31 December 2022.

Directors

The following persons were directors of Loyal Lithium Limited during the whole of the financial year and up to the date of this report, unless otherwise stated:

  • Mr. Peretz Schapiro – Executive Chairman

  • Mr. Andrew Graham – Non-Executive Director

  • Mr. Benjamin Fogelgarn - Non-Executive director (appt 11/07/2022 resigned 27/02/2023)

  • Mr. Yehoshua Gestetner - Non-Executive director (appt 16/05/2022 resigned 11/07/2022)

  • Mr. Romy Hersham Non-Executive director (resigned 16/05/2022)

Mr Adam Ritchie – Executive Director (appt 27/02/2023)

Principal activities

The principal activities of the group during the course of the financial year were the exploration and evaluation of mineral interests. There were no significant changes in the nature of those activities during the financial Period.

Dividends

There were no dividends paid, recommended or declared during the current or previous financial year.

Review of operations

Statement of profit or loss and other comprehensive income

As an exploration company, Loyal Lithium does not have an ongoing source of revenue. Its revenue stream is normally from interest received on cash at bank. Employee benefits increased from $105,511 in 2021 to $389,732 in 2022 primarily due to an increase in director fees, and employee wages. Professional fees increased from $252,682 in 2021 to $452,300 primarily due to an increase in legal and contractor fees. As a result, the Company made a net loss after tax of $4,039,839 in 2022 compared to a net loss after tax of $1,087,334 in 2021.

Statement of financial position

At 31 Dec 2022, the Company had cash at bank of $6,573,702 (Dec 2021: $3,640,881). During the period, trade and other receivables increased from $58,660 to $137,519, capitalised exploration expenditure increased from $1,230,497 to $5,648,243 as result expenditure incurred on the projects.

At 31 December 2022, the Company had total liabilities of $545,642 (Dec 2021: 64,291). As a result, the Company had net assets of $11,837,048 on 31 December 2021 (31 Dec 2021: $4,893,198) .

Cashflow

During the year, the Company paid $954,123 (2021: $258,648) for operating activities; paid 1,844,803 (2021: $327,744) for investing activities; and received $5,731,747 (2021: $4,227,273) from financing activities.

Significant changes in the state of affairs

There were no significant changes in the state of affairs of the consolidated entity during the financial year.

2

Loyal Lithium Limited Directors' report 31 December 2022

Matters subsequent to the end of the financial year

The following events have occurred subsequent to the period end:

  • The Company has continued its exploration activities at the Large-Scale Trieste Lithium Project, with continued historical data compilation and interpretation, historical core pegmatite samples submitted for assay, a highresolution magnetic survey was completed; acquisition, processing and derivative products of satellite data and planning underway for further geophysics and inaugural field programs in the 2023 Canadian Spring

  • The Company received data from an MT geophysics survey, received a Bureau of Land Management - Nevada Drilling Permit and bond payment was made, signed contracts for ground preparation (Pinion) and exploration drilling (Boart Longyear) at the Scotty Lithium Project in Nevada USA

  • The Company has negotiated the acquisition of the remaining 20% of the Scotty Lithium Project. Under the terms of the agreement the Company has cancelled the 18,000,000 Performance Shares and 9,000,000 options. The Company has issued 7 million Ordinary Shares and will issue 3.5million unquoted options exercisable at A$0.50 and expiring 3 years from the date of issue (subject to shareholder approval)

  • The Company announced the resignation of non-executive Director Benjamin Fogelgarn and the appointment of Adam Ritchie as Managing Director and Peretz Shapiro as Executive Chairman.

No other matter or circumstance has arisen since 31 December 2022 that has significantly affected, or may significantly affect the consolidated entity's operations, the results of those operations, or the consolidated entity's state of affairs in future financial years.

Likely developments and expected results of operations

Information on likely developments in the operations of the consolidated entity and the expected results of operations have not been included in this report because the directors believe it would be likely to result in unreasonable prejudice to the consolidated entity.

Environmental regulation

The consolidated entity is not subject to any significant environmental regulation under Australian Commonwealth or State law.

Information on directors

Information on directors
Name: Mr Peretz Schapiro
Title: Executive Chairman
Experience and expertise: Mr Schapiro is the founder of Loyal Lithium. He holds a Master’s degree in applied
finance and has been a global investor for more than a decade, with a particular focus
in the resources sector. He understands the fundamental parameters, strategic
drivers, market requirements and what it takes for a high growth business.
Mr Schapiro has a diverse professional background, with deep experience in
resource exploration, corporate finance, management consulting, marketing and
fundraising.
Other current directorships: Summit Minerals. (ASX:SUM)
Former directorships (last 3 years): Okapi Resources Non-executive director / Interim Chair
Asra Minerals Executive director (ASX: ASR)
Interests in shares: 291,000
Interests in options: 1,000,000

Name:
Mr. Romy Hersham (Resigned 16/05/2022)
Title: Non - executive director
Qualifications: Law and Arts at Monash University
Experience and expertise: Mr Romy Hersham has worked in the mining exploration sector since the beginning of
2017, and is former company secretary for Nova Minerals Ltd (ASX:NVA) and Cohiba
Minerals Ltd (ASX:CHK), Mr Hersham has gained extensive experience in developing
exploration projects, improving internal processes and shareholder communication
Other current directorships: -
Former directorships (last 3 years): -
Interests in shares: -
Interests in options:
600,000

3

Loyal Lithium Limited Directors' report 31 December 2022

Name: Mr Andrew Graham
Title: Non - executive director
Experience and expertise: Mr Graham has built a global network of investors, innovators and technical and
commercial specialists. Mr Graham has been involved in raising hundreds of millions
of investment capital, building large teams of specialists and developing numerous
projects from greenfields exploration to operating mines. Mr Graham has
qualifications in Applied Geology, Economic Geology, Management, Training and
Quarry Management and is a member of the Australasian Institute of Mining and
Metallurgy and the Institute of Quarrying.
Mr Graham is currently the CEO and Executive Director of Cohiba Minerals Ltd (ASX:
CHK).
Other current directorships: Cohiba Minerals (ASX:CHK)
Former directorships (last 3 years):
Special responsibilities:
Interests in shares: -
Interests in options: 900,000

Name:
Mr Benjamin Fogelgarn (Resigned 27/02/2023)
Title: Non - executive director
Qualifications: Bachelor of Teaching , Outreach & Community Education
Experience and expertise: Mr Fogelgarn has years of experience in investing, in both pre-IPOs and equity
markets within the mining sector. Benjamin is currently a director of siyata26 and a
founder of an e-commerce P2P start up. He possesses effective communication skills
and broad understanding of the markets.
At university he was inducted into the Academy of Excellence (top 5%) and continues
to achieve excellence in his working career. With more than a decade of experience
in leadership and culture development, he brings many transferable skills.
Other current directorships: N/A
Former directorships (last 3 years): N/A
Interests in shares: None
Interests in options: None

Name:
Mr Yehoshua Gestetner (Resigned 11/07/2022)
Title: Non - executive director
Qualifications: Master's degree in Commerce from UNSW with a major in International Finance
Experience and expertise: Yehoshua has a strong background in management consulting, strategic
development and fundraising, and has been a global investor for nearly a decade.
After working at Management Consulting firm, CEB (Now GARTNER), Yehoshua was
instrumental in launching a high growth B2B technology business in Australia,
developing strong relationships across a variety of industries including with numerous
HNWI's and institutional investors.
Other current directorships: N/A
Former directorships (last 3 years): N/A
Interests in shares: None
Interests in options: 1,827,600

'Other current directorships' quoted above are current directorships for listed entities only and excludes directorships of all other types of entities, unless otherwise stated.

'Former directorships (last 3 years)' quoted above are directorships held in the last 3 years for listed entities only and excludes directorships of all other types of entities, unless otherwise stated.

Company secretary

Mr Pamensky has over 25 years’ experience in the finance and secretarial sector for both SME and ASX-listed entities. Since 1997, Mr Pamensky has held various roles with ASX-listed companies in a number of sectors.

4

Loyal Lithium Limited Directors' report 31 December 2022

Meetings of directors

The number of meetings of the company's Board of Directors ('the Board') held during the year ended 31 December 2022, and the number of meetings attended by each director were:

Nomination and Nomination and
Full Board Remuneration Committee Audit and Risk Committee
Attended
Held
Attended
Held
Attended
Held
Peretz Schapiro 7 7 - - - -
Romy Hersham 3 3 - - - -
Andrew Graham 6 7 - - - -
Yehoshua Gestetner 2 2 - - - -
Benjamin Foglearn 2 2 - - - -

Held: represents the number of meetings held during the time the director held office.

Remuneration report (audited)

The remuneration report details the key management personnel remuneration arrangements for the consolidated entity, in accordance with the requirements of the Corporations Act 2001 and its Regulations.

Key management personnel are those persons having authority and responsibility for planning, directing and controlling the activities of the entity, directly or indirectly, including all directors.

The remuneration report is set out under the following main headings:

  • Details of remuneration

  • Service agreements

  • Share-based compensation

  • Additional information

  • Additional disclosures relating to key management personnel

Details of remuneration

Amounts of remuneration

Details of the remuneration of key management personnel of the consolidated entity are set out in the following tables.

2022
Peretz Schapiro
Romy Hersham
Andrew Graham
Benjamin
Fogelgarn
Yehoshua
Gestetner
Short-term benefits
Cash salary
Cash
Non-
and fees
bonus
monetary
$ $ $ 90,908
-
-
13,636
-
-
36,000
-
-
18,000
-
-
5,668
-
-
164,212
-
-
Short-term benefits
Cash salary
Cash
Non-
and fees
bonus
monetary
$ $ $ 90,908
-
-
13,636
-
-
36,000
-
-
18,000
-
-
5,668
-
-
164,212
-
-
Short-term benefits
Cash salary
Cash
Non-
and fees
bonus
monetary
$ $ $ 90,908
-
-
13,636
-
-
36,000
-
-
18,000
-
-
5,668
-
-
164,212
-
-
Post-
employment
benefits
Super-
annuation
$ -
1,364
-
-
-

Long-term
benefits
Long
service
leave
$ -
-
-
-
-
Share-
based
payments
Options
$ -
-
-
-
-
Shares
$ -
-
-
-
-
Total
$ 90,908
15,000
36,000
18,000
5,668
164,212 - - 1,364 - - - 165,576

5

Loyal Lithium Limited Directors' report 31 December 2022

2021
Peretz Schapiro
Romy Hersham
Andrew Graham
Short-term benefits
Cash salary
Cash
Non-
and fees
bonus
monetary
$ $ $ 14,182
-
-
13,636
-
-
15,000
-
-
42,818
-
-
Short-term benefits
Cash salary
Cash
Non-
and fees
bonus
monetary
$ $ $ 14,182
-
-
13,636
-
-
15,000
-
-
42,818
-
-
Short-term benefits
Cash salary
Cash
Non-
and fees
bonus
monetary
$ $ $ 14,182
-
-
13,636
-
-
15,000
-
-
42,818
-
-
Post-
employment
benefits
Super-
annuation
$ 818
1,364
-

Long-term
benefits
Long
service
leave
$ -
-
-
Share-
based
payments
Options
$ 92,000
55,200
82,800
Shares
$ -
-
-
Total
$ 107,000
70,200
97,800
42,818 - - 2,182 - 230,000 - 275,000

The proportion of remuneration linked to performance and the fixed proportion are as follows:

Fixed remuneration Fixed remuneration At risk - STI At risk - STI At risk - LTI At risk - LTI
Name 2022 2021 2022 2021 2022
2021
Directors:
Peretz Schapiro 100% 14% - 86% - -
Romy Hersham 100% 21% - 79% - -
Andrew Graham 100% 15% - 85% - -
Yeshoua Gestener 100% - - - - -
Benjamin Folgelgan 100% - - - - -

Service agreements

Remuneration and other terms of employment for key management personnel are formalised in service agreements. Details of these agreements are as follows:

Name: Mr. Peretz Schapiro Title: Executive chairman Agreement commenced: 12/12/2022 Term of agreement: Agreement is terminated upon cessation of directorship/employment with the Company. Details: Director fees of $15,000 per month exclusive of superannuation No performance based remuneration incentive has been specified

Name: Title: Agreement commenced: Term of agreement:

Details:

Mr. Romy Hersham Non-execitive director

1/12/2020 Agreement is terminated upon cessation of directorship/employment with the Company.

Director fees of $3,000 per month inclusive of superannuation No performance based remuneration incentive has been specified

Name: Andrew Graham Title: Non-executive director Agreement commenced: 19/10/2020 Term of agreement: Agreement is terminated upon cessation of directorship/employment with the Company.

Details:

Director fees of $3,000 per month inclusive of superannuation No performance based remuneration incentive has been specified

6

Loyal Lithium Limited Directors' report 31 December 2022

Name: Yehoshua Gestetner Title: Non-executive director Agreement commenced: 16/05/2022 Term of agreement: Agreement is terminated upon cessation of directorship/employment with the Company. Details: Director fees of $2,000 per month inclusive of superannuation No performance based remuneration incentive has been specified

Key management personnel have no entitlement to termination payments in the event of removal for misconduct.

Share-based compensation

Issue of shares

There were no shares issued to directors and other key management personnel as part of compensation during the year ended 31 December 2022.

Options

There were no options over ordinary shares issued to directors and other key management personnel as part of compensation that were outstanding as at 31 December 2022.

The number of options over ordinary shares granted to and vested by directors and other key management personnel as part of compensation during the year ended 31 December 2022 are set out below:

Number of Number of Number of Number of
options options options options
granted granted vested vested
during the during the during the during the
year year year year
Name 2022 2021 2022 2021
Peretz Schapiro - 1,000,000 - 1,000,000
Romy Hersham - 600,000 - 600,000
Andrew Graham - 900,000 - 900,000

Options exercise price $0.30, expiry date: 06/07/2024.

Additional information

The earnings of the consolidated entity for the two years to 31 December 2022 are summarised below:

2022 2021 2020 2019* 2018*
$ $ $ $ $
Profit after income tax (4,038,642) (1,087,334) (75,577) N/A N/A
Basic earnings per share (cents per share) (12.27) (7.75) (0.38) N/A N/A
  • Not applicable the consolidated entity was only incorporated on 23 September 2020.

Additional disclosures relating to key management personnel

Shareholding

The number of shares in the company held during the financial year by each director and other members of key management personnel of the consolidated entity, including their personally related parties, is set out below:

Ordinary shares
Peretz Schapiro
Balance at
the start of
the year
251,000
Received
as part of
remuneration
-
Additions
40,000
Disposals/
other
-
Balance at
the end of
the year
291,000
251,000 - 40,000 - 291,000

7

Loyal Lithium Limited Directors' report 31 December 2022

Option holding

The number of options over ordinary shares in the company held during the financial year by each director and other members of key management personnel of the consolidated entity, including their personally related parties, is set out below:

Options over ordinary shares
Peretz Schapiro
Benjamin Fogelgarn
Romy Hersham
Andrew Graham
Yehoshua Gestetner
Balance at
the start of
the year
1,000,000
600,000
900,000
1,827,600
Granted
-
-
-
-
Exercised
-
-
-
-
Expired/
forfeited/
other
-
-
-
-
Balance at
the end of
the year
1,000,000
600,000
900,000
1,827,600
4,327,600 - - - 4,327,600

*** At date of resignation**

This concludes the remuneration report, which has been audited.

Shares under option

There were no unissued ordinary shares of Loyal Lithium Limited under option outstanding at the date of this report.

Shares issued on the exercise of options

There were no ordinary shares of Loyal Lithium Limited issued on the exercise of options during the year ended 31 December 2022 and up to the date of this report.

Indemnity and insurance of officers

The company has indemnified the directors and executives of the company for costs incurred, in their capacity as a director or executive, for which they may be held personally liable, except where there is a lack of good faith.

During the financial year, the company paid a premium in respect of a contract to insure the directors and executives of the company against a liability to the extent permitted by the Corporations Act 2001. The contract of insurance prohibits disclosure of the nature of the liability and the amount of the premium.

Indemnity and insurance of auditor

The company has not, during or since the end of the financial year, indemnified or agreed to indemnify the auditor of the company or any related entity against a liability incurred by the auditor.

During the financial year, the company has not paid a premium in respect of a contract to insure the auditor of the company or any related entity.

Proceedings on behalf of the company

No person has applied to the Court under section 237 of the Corporations Act 2001 for leave to bring proceedings on behalf of the company, or to intervene in any proceedings to which the company is a party for the purpose of taking responsibility on behalf of the company for all or part of those proceedings.

Non-audit services

There were no non-audit services provided during the financial year by the auditor.

Officers of the company who are former partners of Auditors

There are no officers of the company who are former partners of BDO Audit Pty Ltd

Auditor's independence declaration

A copy of the auditor's independence declaration as required under section 307C of the Corporations Act 2001 is set out immediately after this directors' report.

8

Loyal Lithium Limited Directors' report 31 December 2022

This report is made in accordance with a resolution of directors, pursuant to section 298(2)(a) of the Corporations Act 2001.

On behalf of the directors

==> picture [141 x 56] intentionally omitted <==

_________ Peretz Shapiro Executive Chairman

31 March 2023

9

Tel: +61 3 9603 1700 Collins Square, Tower Four Fax: +61 3 9602 3870 Level 18, 727 Collins Street www.bdo.com.au Melbourne VIC 3008 GPO Box 5099 Melbourne VIC 3001 Australia

==> picture [78 x 31] intentionally omitted <==

DECLARATION OF INDEPENDENCE BY JAMES MOONEY TO THE DIRECTORS OF LOYAL LITHIUM LIMITED

As lead auditor of Loyal Lithium Limited for the year ended 31 December 2022, I declare that, to the best of my knowledge and belief, there have been:

  1. No contraventions of the auditor independence requirements of the Corporations Act 2001 relation to the audit; and

  2. No contraventions of any applicable code of professional conduct in relation to the audit.

This declaration is in respect of Loyal Lithium Limited and the entities it controlled during the period.

==> picture [111 x 56] intentionally omitted <==

James Mooney Director

BDO Audit Pty Ltd

Melbourne

31 March 2023

BDO Audit Pty Ltd ABN 33 134 022 870 is a member of a national association of independent entities which are all members of BDO Australia Ltd ABN 77 050 110 275, an Australian company limited by guarantee. BDO Audit Pty Ltd and BDO Australia Ltd are members of BDO International Ltd, a UK company limited by guarantee, and form part of the international BDO network of independent member firms. Liability limited by a scheme approved under Professional Standards Legislation.

Loyal Lithium Limited Contents 31 December 2022

Statement of profit or loss and other comprehensive income 12
Statement of financial position 13
Statement of changes in equity 14
Statement of cash flows 15
Notes to the financial statements 16
Directors' declaration 38
Independent auditor's report to the members of Loyal Lithium Limited 39
Shareholder information 41

General information

The financial statements cover Loyal Lithium Limited as a consolidated entity consisting of Loyal Lithium Limited and the entities it controlled at the end of, or during, the year. The financial statements are presented in Australian dollars, which is Loyal Lithium Limited's functional and presentation currency.

Loyal Lithium Limited is a listed public company limited by shares, incorporated and domiciled in Australia. Its registered office and principal place of business is:

5/10 Johnston Street Peppermint Grove WA 6011

A description of the nature of the consolidated entity's operations and its principal activities are included in the directors' report, which is not part of the financial statements.

The financial statements were authorised for issue, in accordance with a resolution of directors, on 31 March 2023. The directors have the power to amend and reissue the financial statements.

11

Loyal Lithium Limited Statement of profit or loss and other comprehensive income For the year ended 31 December 2022

Note
Revenue
Other income
Interest income

Expenses
Employee benefits expense
Depreciation and amortisation expense
4
Professional fees
Finance costs
4
Administration costs
Project due diligence
Share based payments
Impairment of exploration expenditure
14

Loss before income tax expense

Income tax expense
5

Loss after income tax expense for the year

Other comprehensive income
Items that may be reclassified subsequently to profit or loss
Foreign currency translation
Other comprehensive income for the year, net of tax
Total comprehensive income for the year

Loss for the year is attributable to:
Non-controlling interest
Owners of Loyal Lithium Limited

Total comprehensive income for the year is attributable to:
Non-controlling interest
Owners of Loyal Lithium Limited

Basic earnings per share
27
Diluted earnings per share
27
Consolidated
2022
2021
$
$
70,000
-
327
592
(389,732)
(105,511)
(4,225)
(6,629)
(452,300)
(252,682)
(462)
(14,931)
(298,705)
(220,573)
(22,975)
-
(727,655)
(2,214,113)
(487,600)
-
Consolidated
2022
2021
$
$
70,000
-
327
592
(389,732)
(105,511)
(4,225)
(6,629)
(452,300)
(252,682)
(462)
(14,931)
(298,705)
(220,573)
(22,975)
-
(727,655)
(2,214,113)
(487,600)
-
(4,039,839)
-
(1,087,334)
-
(4,039,839)
1,197
(1,087,334)
-
1,197 -
(4,038,642) (1,087,334)
(9)
(4,038,633)
-
(1,087,334)
(4,038,642) (1,087,334)
4,612
(4,043,254)
-
(1,087,334)
(4,038,642) (1,087,334)
Cents
(12.27)
(12.27)
Cents
(7.75)
(7.75)

The above statement of profit or loss and other comprehensive income should be read in conjunction with the accompanying notes

12

Loyal Lithium Limited Statement of financial position As at 31 December 2022

Note
Assets
Current assets
Cash and cash equivalents
6
Trade and other receivables
7
Total current assets
Non-current assets
Property, plant and equipment
8
Exploration and evaluation
9
Total non-current assets
Total assets

Liabilities
Current liabilities
Trade and other payables
10
Total current liabilities
Total liabilities

Net assets

Equity
Issued capital
11
Foreign currency reserves
Reserves
12
Accumulated losses
Equity attributable to the owners of Loyal Lithium Limited
Non-controlling interest
13
Total equity
Consolidated
2022
2021
$
$
6,573,702
3,640,881
137,519
58,660
6,711,221
3,699,541
23,226
27,451
5,648,243
1,230,497
5,671,469
1,257,948
12,382,690
4,957,489
Consolidated
2022
2021
$
$
6,573,702
3,640,881
137,519
58,660
6,711,221
3,699,541
23,226
27,451
5,648,243
1,230,497
5,671,469
1,257,948
12,382,690
4,957,489
6,711,221 3,699,541
23,226
5,648,243
27,451
1,230,497
5,671,469 1,257,948
12,382,690 4,957,489
545,642 64,291
545,642 64,291
545,642 64,291
11,837,048 4,893,198
12,739,707
(3,424)
3,555,895
(5,202,742)
4,372,509
-
1,683,600
(1,162,911)
11,089,436
747,612
4,893,198
-
11,837,048 4,893,198

The above statement of financial position should be read in conjunction with the accompanying notes

13

Loyal Lithium Limited Statement of changes in equity For the year ended 31 December 2022

Consolidated
Balance at 1 January 2021
Loss after income tax expense for the year
Other comprehensive income for the year, net of tax
Total comprehensive income for the year
Transactions with owners in their capacity as owners:
Contributions of equity, net of transaction costs (note 11)
Share-based payments (note 14)
Balance at 31 December 2021

Issued
Option
capital
reserves
Consolidated
$
$
Balance at 1 January 2022
4,372,509
1,683,600
Loss after income tax expense
for the year
-
-
Other comprehensive income
for the year, net of tax
-
-
Total comprehensive income for
the year
-
-
Acquisition of American
Consolidated Lithium Pty Ltd
(note 15)
-
-
Transactions with owners in
their capacity as owners:
Contributions of equity, net of
transaction costs (note 11)
8,367,198
-
Share-based payments (note
12)
-
1,872,295
Balance at 31 December 2022
12,739,707
3,555,895
Consolidated
Balance at 1 January 2021
Loss after income tax expense for the year
Other comprehensive income for the year, net of tax
Total comprehensive income for the year
Transactions with owners in their capacity as owners:
Contributions of equity, net of transaction costs (note 11)
Share-based payments (note 14)
Balance at 31 December 2021

Issued
Option
capital
reserves
Consolidated
$
$
Balance at 1 January 2022
4,372,509
1,683,600
Loss after income tax expense
for the year
-
-
Other comprehensive income
for the year, net of tax
-
-
Total comprehensive income for
the year
-
-
Acquisition of American
Consolidated Lithium Pty Ltd
(note 15)
-
-
Transactions with owners in
their capacity as owners:
Contributions of equity, net of
transaction costs (note 11)
8,367,198
-
Share-based payments (note
12)
-
1,872,295
Balance at 31 December 2022
12,739,707
3,555,895
Consolidated
Balance at 1 January 2021
Loss after income tax expense for the year
Other comprehensive income for the year, net of tax
Total comprehensive income for the year
Transactions with owners in their capacity as owners:
Contributions of equity, net of transaction costs (note 11)
Share-based payments (note 14)
Balance at 31 December 2021

Issued
Option
capital
reserves
Consolidated
$
$
Balance at 1 January 2022
4,372,509
1,683,600
Loss after income tax expense
for the year
-
-
Other comprehensive income
for the year, net of tax
-
-
Total comprehensive income for
the year
-
-
Acquisition of American
Consolidated Lithium Pty Ltd
(note 15)
-
-
Transactions with owners in
their capacity as owners:
Contributions of equity, net of
transaction costs (note 11)
8,367,198
-
Share-based payments (note
12)
-
1,872,295
Balance at 31 December 2022
12,739,707
3,555,895
Issued
capital
$
1
-
-
Option
reserves
$
-
-
-
Accumulated
losses
$
(75,577)
(1,087,334)
-

Total equity
$
(75,576)
(1,087,334)
-
(1,087,334)
4,372,508
1,683,600
4,893,198
Total equity
$
4,893,198
(4,039,839)
1,197
(4,038,642)
743,000
8,367,198
1,872,295
11,837,048
-
4,372,508
-
-
-
1,683,600
(1,087,334)
-
-
4,372,509 1,683,600 (1,162,911)
Foreign
currency
reserves
$
-
-
(3,424)
Accumulated
losses
$
(1,162,911)
(4,039,831)

-

Non
controlling
interest
$
-
(9)
4,621

-
-
8,367,198
-
-
-
-
1,872,295
(3,424)
-
-
-

(4,039,831)
-
-
-
4,612
743,000
-
-
12,739,707 3,555,895 (3,424)
(5,202,742)
747,612

The above statement of changes in equity should be read in conjunction with the accompanying notes

14

Loyal Lithium Limited Statement of cash flows For the year ended 31 December 2022

Note
Cash flows from operating activities
Payments to suppliers and employees (inclusive of GST)
Interest received
Finance charges
Net cash used in operating activities
24

Cash flows from investing activities
Payments for exploration activities
Net cash used in investing activities

Cash flows from financing activities
Proceeds from issue of shares
Share issue transaction costs
Proceeds from borrowings
Repayment of borrowings
Cash acquired on acquisition of subsidiary
Net cash from financing activities

Net increase in cash and cash equivalents
Cash and cash equivalents at the beginning of the financial year
Cash and cash equivalents at the end of the financial year
6
Consolidated
2022
2021
$
$
(953,988)
(258,959)
327
592
(462)
(281)
(954,123)
(258,648)
Consolidated
2022
2021
$
$
(953,988)
(258,959)
327
592
(462)
(281)
(954,123)
(258,648)
(954,123) (258,648)
(1,844,803) (327,744)
(1,844,803) (327,744)
6,260,000
(263,778)
-
(272,001)
7,526
5,000,000
(330,000)

50
(442,777)
-
5,731,747 4,227,273
2,932,821
3,640,881
3,640,881
-
6,573,702 3,640,881

The above statement of cash flows should be read in conjunction with the accompanying notes

15

Loyal Lithium Limited Notes to the financial statements 31 December 2022

Note 1. Significant accounting policies

The principal accounting policies adopted in the preparation of the financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

New or amended Accounting Standards and Interpretations adopted

The consolidated entity has adopted all of the new or amended Accounting Standards and Interpretations issued by the Australian Accounting Standards Board ('AASB') that are mandatory for the current reporting period.

Any new or amended Accounting Standards or Interpretations that are not yet mandatory have not been early adopted.

Basis of preparation

These general purpose financial statements have been prepared in accordance with Australian Accounting Standards and Interpretations issued by the Australian Accounting Standards Board ('AASB') and the Corporations Act 2001, as appropriate for for-profit oriented entities. These financial statements also comply with International Financial Reporting Standards as issued by the International Accounting Standards Board ('IASB').

Historical cost convention

The financial statements have been prepared under the historical cost convention.

Critical accounting estimates

The preparation of the financial statements requires the use of certain critical accounting estimates. It also requires management to exercise its judgement in the process of applying the consolidated entity's accounting policies. The areas involving a higher degree of judgement or complexity, or areas where assumptions and estimates are significant to the financial statements, are disclosed in note 2.

Parent entity information

In accordance with the Corporations Act 2001, these financial statements present the results of the consolidated entity only. Supplementary information about the parent entity is disclosed in note 21.

Principles of consolidation

The consolidated financial statements incorporate the assets and liabilities of all subsidiaries of Loyal Lithium Limited ('company' or 'parent entity') as at 31 December 2022 and the results of all subsidiaries for the year then ended. Loyal Lithium Limited and its subsidiaries together are referred to in these financial statements as the 'consolidated entity'.

Subsidiaries are all those entities over which the consolidated entity has control. The consolidated entity controls an entity when the consolidated entity is exposed to, or has rights to, variable returns from its involvement with the entity and has the ability to affect those returns through its power to direct the activities of the entity. Subsidiaries are fully consolidated from the date on which control is transferred to the consolidated entity. They are de-consolidated from the date that control ceases.

Intercompany transactions, balances and unrealised gains on transactions between entities in the consolidated entity are eliminated. Unrealised losses are also eliminated unless the transaction provides evidence of the impairment of the asset transferred. Accounting policies of subsidiaries have been changed where necessary to ensure consistency with the policies adopted by the consolidated entity.

The acquisition of subsidiaries is accounted for using the acquisition method of accounting. A change in ownership interest, without the loss of control, is accounted for as an equity transaction, where the difference between the consideration transferred and the book value of the share of the non-controlling interest acquired is recognised directly in equity attributable to the parent.

Non-controlling interest in the results and equity of subsidiaries are shown separately in the statement of profit or loss and other comprehensive income, statement of financial position and statement of changes in equity of the consolidated entity. Losses incurred by the consolidated entity are attributed to the non-controlling interest in full, even if that results in a deficit balance.

Where the consolidated entity loses control over a subsidiary, it derecognises the assets including goodwill, liabilities and non-controlling interest in the subsidiary together with any cumulative translation differences recognised in equity. The consolidated entity recognises the fair value of the consideration received and the fair value of any investment retained together with any gain or loss in profit or loss.

16

Loyal Lithium Limited Notes to the financial statements 31 December 2022

Note 1. Significant accounting policies (continued)

Operating segments

Operating segments are presented using the 'management approach', where the information presented is on the same basis as the internal reports provided to the Chief Operating Decision Makers ('CODM'). The CODM is responsible for the allocation of resources to operating segments and assessing their performance.

Revenue recognition

The consolidated entity recognises revenue as follows:

Interest

Interest revenue is recognised as interest accrues using the effective interest method. This is a method of calculating the amortised cost of a financial asset and allocating the interest income over the relevant period using the effective interest rate, which is the rate that exactly discounts estimated future cash receipts through the expected life of the financial asset to the net carrying amount of the financial asset.

Other revenue

Other revenue is recognised when it is received or when the right to receive payment is established.

Income tax

The income tax expense or benefit for the period is the tax payable on that period's taxable income based on the applicable income tax rate for each jurisdiction, adjusted by the changes in deferred tax assets and liabilities attributable to temporary differences, unused tax losses and the adjustment recognised for prior periods, where applicable.

Deferred tax assets and liabilities are recognised for temporary differences at the tax rates expected to be applied when the assets are recovered or liabilities are settled, based on those tax rates that are enacted or substantively enacted, except for:

  • When the deferred income tax asset or liability arises from the initial recognition of goodwill or an asset or liability in a transaction that is not a business combination and that, at the time of the transaction, affects neither the accounting nor taxable profits; or

  • When the taxable temporary difference is associated with interests in subsidiaries, associates or joint ventures, and the timing of the reversal can be controlled and it is probable that the temporary difference will not reverse in the foreseeable future.

Deferred tax assets are recognised for deductible temporary differences and unused tax losses only if it is probable that future taxable amounts will be available to utilise those temporary differences and losses.

The carrying amount of recognised and unrecognised deferred tax assets are reviewed at each reporting date. Deferred tax assets recognised are reduced to the extent that it is no longer probable that future taxable profits will be available for the carrying amount to be recovered. Previously unrecognised deferred tax assets are recognised to the extent that it is probable that there are future taxable profits available to recover the asset.

Deferred tax assets and liabilities are offset only where there is a legally enforceable right to offset current tax assets against current tax liabilities and deferred tax assets against deferred tax liabilities; and they relate to the same taxable authority on either the same taxable entity or different taxable entities which intend to settle simultaneously.

Loyal Lithium Limited (the 'head entity') and its wholly-owned Australian subsidiaries have formed an income tax consolidated group under the tax consolidation regime. The head entity and each subsidiary in the tax consolidated group continue to account for their own current and deferred tax amounts. The tax consolidated group has applied the 'separate taxpayer within group' approach in determining the appropriate amount of taxes to allocate to members of the tax consolidated group.

In addition to its own current and deferred tax amounts, the head entity also recognises the current tax liabilities (or assets) and the deferred tax assets arising from unused tax losses and unused tax credits assumed from each subsidiary in the tax consolidated group.

Assets or liabilities arising under tax funding agreements with the tax consolidated entities are recognised as amounts receivable from or payable to other entities in the tax consolidated group. The tax funding arrangement ensures that the intercompany charge equals the current tax liability or benefit of each tax consolidated group member, resulting in neither a contribution by the head entity to the subsidiaries nor a distribution by the subsidiaries to the head entity.

17

Loyal Lithium Limited Notes to the financial statements 31 December 2022

Note 1. Significant accounting policies (continued)

Current and non-current classification

Assets and liabilities are presented in the statement of financial position based on current and non-current classification.

An asset is classified as current when: it is either expected to be realised or intended to be sold or consumed in the consolidated entity's normal operating cycle; it is held primarily for the purpose of trading; it is expected to be realised within 12 months after the reporting period; or the asset is cash or cash equivalent unless restricted from being exchanged or used to settle a liability for at least 12 months after the reporting period. All other assets are classified as non-current.

A liability is classified as current when: it is either expected to be settled in the consolidated entity's normal operating cycle; it is held primarily for the purpose of trading; it is due to be settled within 12 months after the reporting period; or there is no unconditional right to defer the settlement of the liability for at least 12 months after the reporting period. All other liabilities are classified as non-current.

Deferred tax assets and liabilities are always classified as non-current.

Cash and cash equivalents

Cash and cash equivalents includes cash on hand, deposits held at call with financial institutions, other short-term, highly liquid investments with original maturities of three months or less that are readily convertible to known amounts of cash and which are subject to an insignificant risk of changes in value.

Trade and other receivables

Trade receivables are initially recognised at fair value and subsequently measured at amortised cost using the effective interest method, less any allowance for expected credit losses. Trade receivables are generally due for settlement within 30 days.

The consolidated entity has applied the simplified approach to measuring expected credit losses, which uses a lifetime expected loss allowance. To measure the expected credit losses, trade receivables have been grouped based on days overdue.

Other receivables are recognised at amortised cost, less any allowance for expected credit losses.

Property, plant and equipment

Plant and equipment is stated at historical cost less accumulated depreciation and impairment. Historical cost includes expenditure that is directly attributable to the acquisition of the items.

Depreciation is calculated on a straight-line basis to write off the net cost of each item of property, plant and equipment (excluding land) over their expected useful lives as follows:

Plant and equipment

3-10 years

The residual values, useful lives and depreciation methods are reviewed, and adjusted if appropriate, at each reporting date.

Leasehold improvements are depreciated over the unexpired period of the lease or the estimated useful life of the assets, whichever is shorter.

An item of property, plant and equipment is derecognised upon disposal or when there is no future economic benefit to the consolidated entity. Gains and losses between the carrying amount and the disposal proceeds are taken to profit or loss.

Exploration and evaluation assets

Exploration and evaluation expenditure in relation to separate areas of interest for which rights of tenure are current is carried forward as an asset in the statement of financial position where it is expected that the expenditure will be recovered through the successful development and exploitation of an area of interest, or by its sale; or exploration activities are continuing in an area and activities have not reached a stage which permits a reasonable estimate of the existence or otherwise of economically recoverable reserves. Where a project or an area of interest has been abandoned, the expenditure incurred thereon is written off in the year in which the decision is made.

18

Loyal Lithium Limited Notes to the financial statements 31 December 2022

Note 1. Significant accounting policies (continued)

Impairment of non-financial assets

Non-financial assets are reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount may not be recoverable. An impairment loss is recognised for the amount by which the asset's carrying amount exceeds its recoverable amount.

Recoverable amount is the higher of an asset's fair value less costs of disposal and value-in-use. The value-in-use is the present value of the estimated future cash flows relating to the asset using a pre-tax discount rate specific to the asset or cash-generating unit to which the asset belongs. Assets that do not have independent cash flows are grouped together to form a cash-generating unit.

Trade and other payables

These amounts represent liabilities for goods and services provided to the consolidated entity prior to the end of the financial year and which are unpaid. Due to their short-term nature they are measured at amortised cost and are not discounted. The amounts are unsecured and are usually paid within 30 days of recognition.

Defined contribution superannuation expense

Contributions to defined contribution superannuation plans are expensed in the period in which they are incurred.

Share-based payments

Equity-settled and cash-settled share-based compensation benefits are provided to employees. Share-based payments are also provided to consultants and other suppliers in exchange for the rendering of services.

Equity-settled transactions are awards of shares, or options over shares, that are provided to employees in exchange for the rendering of services. Cash-settled transactions are awards of cash for the exchange of services, where the amount of cash is determined by reference to the share price.

The cost of equity-settled transactions are measured at fair value on grant date. Fair value is independently determined using either the Binomial, Trinomial or Black-Scholes option pricing model that takes into account the exercise price, the term of the option, the impact of dilution, the share price at grant date and expected price volatility of the underlying share, the expected dividend yield and the risk free interest rate for the term of the option, together with non-vesting conditions that do not determine whether the consolidated entity receives the services that entitle the employees to receive payment. No account is taken of any other vesting conditions.

The cost of equity-settled transactions are recognised as an expense with a corresponding increase in equity over the vesting period. The cumulative charge to profit or loss is calculated based on the grant date fair value of the award, the best estimate of the number of awards that are likely to vest and the expired portion of the vesting period. The amount recognised in profit or loss for the period is the cumulative amount calculated at each reporting date less amounts already recognised in previous periods.

The cost of cash-settled transactions is initially, and at each reporting date until vested, determined by applying either the Binomial or Black-Scholes option pricing model, taking into consideration the terms and conditions on which the award was granted. The cumulative charge to profit or loss until settlement of the liability is calculated as follows:

  • during the vesting period, the liability at each reporting date is the fair value of the award at that date multiplied by the expired portion of the vesting period.

  • from the end of the vesting period until settlement of the award, the liability is the full fair value of the liability at the reporting date.

All changes in the liability are recognised in profit or loss. The ultimate cost of cash-settled transactions is the cash paid to settle the liability.

Market conditions are taken into consideration in determining fair value. Therefore any awards subject to market conditions are considered to vest irrespective of whether or not that market condition has been met, provided all other conditions are satisfied.

If equity-settled awards are modified, as a minimum an expense is recognised as if the modification has not been made. An additional expense is recognised, over the remaining vesting period, for any modification that increases the total fair value of the share-based compensation benefit as at the date of modification.

19

Loyal Lithium Limited Notes to the financial statements 31 December 2022

Note 1. Significant accounting policies (continued)

If the non-vesting condition is within the control of the consolidated entity or employee, the failure to satisfy the condition is treated as a cancellation. If the condition is not within the control of the consolidated entity or employee and is not satisfied during the vesting period, any remaining expense for the award is recognised over the remaining vesting period, unless the award is forfeited.

If equity-settled awards are cancelled, it is treated as if it has vested on the date of cancellation, and any remaining expense is recognised immediately. If a new replacement award is substituted for the cancelled award, the cancelled and new award is treated as if they were a modification.

Fair value measurement

When an asset or liability, financial or non-financial, is measured at fair value for recognition or disclosure purposes, the fair value is based on the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date; and assumes that the transaction will take place either: in the principal market; or in the absence of a principal market, in the most advantageous market.

Fair value is measured using the assumptions that market participants would use when pricing the asset or liability, assuming they act in their economic best interests. For non-financial assets, the fair value measurement is based on its highest and best use. Valuation techniques that are appropriate in the circumstances and for which sufficient data are available to measure fair value, are used, maximising the use of relevant observable inputs and minimising the use of unobservable inputs.

Issued capital

Ordinary shares are classified as equity.

Incremental costs directly attributable to the issue of new shares or options are shown in equity as a deduction, net of tax, from the proceeds.

Earnings per share

Basic earnings per share

Basic earnings per share is calculated by dividing the profit attributable to the owners of Loyal Lithium Limited, excluding any costs of servicing equity other than ordinary shares, by the weighted average number of ordinary shares outstanding during the financial year, adjusted for bonus elements in ordinary shares issued during the financial year.

Diluted earnings per share

Diluted earnings per share adjusts the figures used in the determination of basic earnings per share to take into account the after income tax effect of interest and other financing costs associated with dilutive potential ordinary shares and the weighted average number of shares assumed to have been issued for no consideration in relation to dilutive potential ordinary shares.

Goods and Services Tax ('GST') and other similar taxes

Revenues, expenses and assets are recognised net of the amount of associated GST, unless the GST incurred is not recoverable from the tax authority. In this case it is recognised as part of the cost of the acquisition of the asset or as part of the expense.

Receivables and payables are stated inclusive of the amount of GST receivable or payable. The net amount of GST recoverable from, or payable to, the tax authority is included in other receivables or other payables in the statement of financial position.

Cash flows are presented on a gross basis. The GST components of cash flows arising from investing or financing activities which are recoverable from, or payable to the tax authority, are presented as operating cash flows.

Commitments and contingencies are disclosed net of the amount of GST recoverable from, or payable to, the tax authority.

New Accounting Standards and Interpretations not yet mandatory or early adopted

Australian Accounting Standards and Interpretations that have recently been issued or amended but are not yet mandatory, have not been early adopted by the consolidated entity for the annual reporting period ended 31 December 2022. The consolidated entity's assessment of the impact of these new or amended Accounting Standards and Interpretations, most relevant to the consolidated entity, are set out below.

20

Loyal Lithium Limited Notes to the financial statements 31 December 2022

Note 2. Critical accounting judgements, estimates and assumptions.

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the reported amounts in the financial statements. Management continually evaluates its judgements and estimates in relation to assets, liabilities, contingent liabilities, revenue and expenses. Management bases its judgements, estimates and assumptions on historical experience and on other various factors, including expectations of future events, management believes to be reasonable under the circumstances. The resulting accounting judgements and estimates will seldom equal the related actual results. The judgements, estimates and assumptions that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities (refer to the respective notes) within the next financial year are discussed below.

Share-based payment transactions

The consolidated entity measures the cost of equity-settled transactions with employees by reference to the fair value of the equity instruments at the date at which they are granted. The fair value is determined by using either the Binomial or BlackScholes model taking into account the terms and conditions upon which the instruments were granted. The accounting estimates and assumptions relating to equity-settled share-based payments would have no impact on the carrying amounts of assets and liabilities within the next annual reporting period but may impact profit or loss and equity.

Fair value measurement hierarchy

The consolidated entity is required to classify all assets and liabilities, measured at fair value, using a three level hierarchy, based on the lowest level of input that is significant to the entire fair value measurement, being: Level 1: Quoted prices (unadjusted) in active markets for identical assets or liabilities that the entity can access at the measurement date; Level 2: Inputs other than quoted prices included within Level 1 that are observable for the asset or liability, either directly or indirectly; and Level 3: Unobservable inputs for the asset or liability. Considerable judgement is required to determine what is significant to fair value and therefore which category the asset or liability is placed in can be subjective.

The fair value of assets and liabilities classified as level 3 is determined by the use of valuation models. These include discounted cash flow analysis or the use of observable inputs that require significant adjustments based on unobservable inputs.

Estimation of useful lives of assets

The consolidated entity determines the estimated useful lives and related depreciation and amortisation charges for its property, plant and equipment and finite life intangible assets. The useful lives could change significantly as a result of technical innovations or some other event. The depreciation and amortisation charge will increase where the useful lives are less than previously estimated lives, or technically obsolete or non-strategic assets that have been abandoned or sold will be written off or written down.

Impairment of property, plant and equipment

The consolidated entity assesses impairment of property, plant and equipment at each reporting date by evaluating conditions specific to the consolidated entity and to the particular asset that may lead to impairment. If an impairment trigger exists, the recoverable amount of the asset is determined. This involves fair value less costs of disposal or value-in-use calculations, which incorporate a number of key estimates and assumptions.

Income tax

The consolidated entity is subject to income taxes in the jurisdictions in which it operates. Significant judgement is required in determining the provision for income tax. There are many transactions and calculations undertaken during the ordinary course of business for which the ultimate tax determination is uncertain. The consolidated entity recognises liabilities for anticipated tax audit issues based on the consolidated entity's current understanding of the tax law. Where the final tax outcome of these matters is different from the carrying amounts, such differences will impact the current and deferred tax provisions in the period in which such determination is made.

Employee benefits provision

As discussed in note 1, the liability for employee benefits expected to be settled more than 12 months from the reporting date are recognised and measured at the present value of the estimated future cash flows to be made in respect of all employees at the reporting date. In determining the present value of the liability, estimates of attrition rates and pay increases through promotion and inflation have been taken into account.

21

Loyal Lithium Limited Notes to the financial statements 31 December 2022

Note 2. Critical accounting judgements, estimates and assumptions (continued)

Exploration and evaluation costs

Exploration and evaluation costs have been capitalised on the basis that the consolidated entity will commence commercial production in the future, from which time the costs will be amortised in proportion to the depletion of the mineral resources. Key judgements are applied in considering costs to be capitalised which includes determining expenditures directly related to these activities and allocating overheads between those that are expensed and capitalised. In addition, costs are only capitalised that are expected to be recovered either through successful development or sale of the relevant mining interest. Factors that could impact the future commercial production at the mine include the level of reserves and resources, future technology changes, which could impact the cost of mining, future legal changes and changes in commodity prices. To the extent that capitalised costs are determined not to be recoverable in the future, they will be written off in the period in which this determination is made.

Note 3. Operating segments

Operating segment information is disclosed on the same basis as information used in internal reporting. At regular intervals, the board is provided management information for the Company’s cash position, the carrying values of exploration permits and Company cash forecast for the next twelve months of operation. On this basis, the board considers the consolidated entity operates in 3 segment being exploration of minerals and three geographical areas, being Australia, Canada and United States

Australia
Canada
United States
Interest
income
31 Dec 2022
$
327
-
-
Interest
income
31 Dec 2021
$
592
-
-
Geographica
l non-current
assets
31 Dec 2022
$
23,226
1,078,654
4,569,588

Geographica
l non-current
assets
31 Dec 2021
$
1,257,948
-
-
327 592 5,671,468 1,257,948

Note 4. Expenses

Loss before income tax includes the following specific expenses:
Depreciation
Plant and equipment
Finance costs
Interest and finance charges paid/payable on borrowings
Superannuation expense
Defined contribution superannuation expense
Employee benefits expense excluding superannuation
Employee benefits expense excluding superannuation
Consolidated
2022
2021
$
$
4,225
6,629
462
14,931
40,575
15,753
349,157
68,758
Consolidated
2022
2021
$
$
4,225
6,629
462
14,931
40,575
15,753
349,157
68,758
462 14,931
40,575 15,753
349,157 68,758

22

Loyal Lithium Limited Notes to the financial statements 31 December 2022

Note 5. Income tax expense

Numerical reconciliation of income tax expense and tax at the statutory rate
Loss before income tax expense
Tax at the statutory tax rate of 25% (2021: 26%)
Tax effect amounts which are not deductible/(taxable) in calculating taxable income:
Share-based payments
Deferred tax assets not brought to account
Income tax expense

Note 6. Cash and cash equivalents

Cash at bank

Note 7. Trade and other receivables

Trade receivables
Goods & Services Tax
Prepayments
Consolidated
2022
2021
$
$
(4,039,839)
(1,087,334)
(1,009,960)
(282,707)
227,616
126,776
(782,344)
(155,931)
782,344
155,931
-
-
Consolidated
2022
2021
$
$
(4,039,839)
(1,087,334)
(1,009,960)
(282,707)
227,616
126,776
(782,344)
(155,931)
782,344
155,931
-
-
(1,009,960)
227,616
(282,707)
126,776
(782,344)
782,344
(155,931)
155,931
-
-
Consolidated
2022
2021
$
$
6,573,702
3,640,881
Consolidated
2022
2021
$
$
77,000
-
(17,122)
58,660
59,878
58,660
77,641
-
137,519
58,660
59,878 58,660
77,641 -
137,519 58,660

Note 6. Cash and cash equivalents

Note 7. Trade and other receivables

Note 8. Property, plant and equipment

Property plant & equipment
Less: Accumulated depreciation
Consolidated
2022
2021
$
$
34,080
34,080
(10,854)
(6,629)
23,226
27,451
Consolidated
2022
2021
$
$
34,080
34,080
(10,854)
(6,629)
23,226
27,451
23,226 27,451

23

Loyal Lithium Limited Notes to the financial statements 31 December 2022

Note 8. Property, plant and equipment (continued)

Reconciliations

Reconciliations of the written down values at the beginning and end of the current and previous financial year are set out below:

Consolidated
Balance at 1 January 2021
Additions
Depreciation expense
Balance at 31 December 2021
Depreciation expense
Balance at 31 December 2022

Note 9. Exploration and evaluation

Lithium Loyal Lithium Australian tenements - Exploration and evaluation
Cost of project acquisition - American Consolidated Lithium Pty Ltd
American Consolidated Lithium Pty Ltd - Exploration and evaluation
Trieste Lithium Project Inc - Exploration and evaluation
Brisk Lithium Project Inc - Exploration and evaluation

Balance at 1 January 2021
Acquisition of exploration interests
Expenditure during the year
Balance at 31 December 2021
American Consolidated Lithium Pty Ltd–cost of acquisition (note 22)
American Consolidated Lithium Pty Ltd - Expenditure during the year
Australian tenements - Expenditure during the year
Australian tenements - Impairment during the year
Trieste Lithium Projects Inc - Expenditure during the year
Trieste Lithium Projects Inc - Acquisition of Exploration Interest
Brisk Lithium Project Inc - Expenditure during the year
Brisk Lithium Project Inc - Acquisition of Exploration Interest
Balance at 31 December 2022
Total
$ $ -
-
34,080
34,080
(6,629)
(6,629)
27,451
27,451
(4,225)
(4,225)
23,226
23,226
Total
$ $ -
-
34,080
34,080
(6,629)
(6,629)
27,451
27,451
(4,225)
(4,225)
23,226
23,226
27,451
(4,225)
27,451
(4,225)
23,226 23,226
Consolidated
2022
2021
$
$
-
1,230,497
3,977,968
-
591,621
-
420,927
-
657,727
-
5,648,243
1,230,497
3,977,968 -
591,621 -
420,927 -
657,727 -
5,648,243 1,230,497
Consolidated
$
-
876,000
354,497
1,230,497
3,977,967
591,621
983,617
(2,214,113)
105,658
315,269
99,401
558,326
5,648,243

24

Loyal Lithium Limited Notes to the financial statements 31 December 2022

Note 10. Trade and other payables

Trade payables
Other payables

Note 11. Issued capital

2022
Shares
Ordinary shares - fully paid
55,490,001

Movements in ordinary share capital

Details
Date
Balance
1 January 2021
Acquisition of exploration interests
Initial public offering
Capital raising costs - cash
Capital raising costs–Options (refer to note 14)
Balance
31 December 2021
Acquistion of American Consolidated Lithium Pty Ltd 7 June 2022
Private Placement
9 June 2022
Acquisition of exploration interests Trieste Lithium
Projects
20 Oct 2022
Acquisition of exploration interests Brisk Lithium
Projects
31 October 2022
Private Placement
2 November 2022
Private Placement
16 December 2022
Capital Rasing cost cash
Capital raising cost options (refer to note 14)
Balance
31 December 2022
2022
Shares
55,490,001
Consolidated
2022
2021
$
$
257,214
47,590
259,983
16,701
545,642
64,291
Consolidated
2021
2022
2021
Shares
$
$
28,000,001
12,739,707
4,372,509
Consolidated
2022
2021
$
$
257,214
47,590
259,983
16,701
545,642
64,291
Consolidated
2022
2021
$
$
257,214
47,590
259,983
16,701
545,642
64,291
545,642 64,291
2021
$
4,372,509
Shares
1
3,000,000
25,000,000
-
-
Issue price


$0.20

$0.20

$0.00
$0.00


$0.29

$0.25

$0.48

$0.45

$0.40

$0.40

$0.00
$0.00
$
1
600,000
5,000,000
(307,492)
(920,000)
28,000,001
8,000,000
7,040,000
200,000
1,000,000
5,500,000
5,750,000
-
-
4,372,509
2,320,000
1,760,000
96,000
450,000
2,200,000
2,300,000
(266,163)
(492,640)
55,490,001 12,739,707

Ordinary shares

Ordinary shares entitle the holder to participate in dividends and the proceeds on the winding up of the company in proportion to the number of and amounts paid on the shares held. The fully paid ordinary shares have no par value and the company does not have a limited amount of authorised capital.

On a show of hands every member present at a meeting in person or by proxy shall have one vote and upon a poll each share shall have one vote.

Note 12. Reserves

Share-based payments reserve

Consolidated Consolidated
2022 2021
$ $
3,555,895 1,683,600

25

Loyal Lithium Limited Notes to the financial statements 31 December 2022

Note 12. Reserves (continued)

Share-based payments reserve

The reserve is used to recognise the value of equity benefits provided to employees and directors as part of their remuneration, and other parties as part of their compensation for services.

Foreign currency reserve

The reserve is used to recognise exchange differences arising from the translation of the financial statements of foreign operations to Australian dollars. It is also used to recognise gains and losses on hedges of the net investments in foreign operations.

Consolidated
$ Balance at 1 January 2021
-
2,500,000 exercise price 0.30c - granted to directors
230,000
2,800,000 exercise price 0.30c - granted to consultants
257,600
10,000,000 exercise price 0.30c - granted to brokers for capital raising costs
920,000
3,000,000 exercise price 0.30c - granted to vendor of exploration interests
276,000
Balance at 31 December 2021
1,683,600
4,000,000 exercise price 0.30c - granted to vendors of American Consolidated Lithium Pty Ltd
652,000
500,000 exercise price 0.30c - granted to consultants
75,795
2,000,000 exercise price 0.70 - granted to brokers for capital raising costs
492,640
1,00,000 exercise price 0.35 - granted to consultants
125,617
Performance rights - granted to consultants
526,244
Balance at 31 December 2022
3,555,895

Note 13. Non-controlling interest

Consolidated
2022
2021
$
$
Issued capital
743,000
-
Foreign currency reserve
4,621
-
Accumulated losses
(9)
-
747,612
-
Consolidated
$ Balance at 1 January 2021
-
2,500,000 exercise price 0.30c - granted to directors
230,000
2,800,000 exercise price 0.30c - granted to consultants
257,600
10,000,000 exercise price 0.30c - granted to brokers for capital raising costs
920,000
3,000,000 exercise price 0.30c - granted to vendor of exploration interests
276,000
Balance at 31 December 2021
1,683,600
4,000,000 exercise price 0.30c - granted to vendors of American Consolidated Lithium Pty Ltd
652,000
500,000 exercise price 0.30c - granted to consultants
75,795
2,000,000 exercise price 0.70 - granted to brokers for capital raising costs
492,640
1,00,000 exercise price 0.35 - granted to consultants
125,617
Performance rights - granted to consultants
526,244
Balance at 31 December 2022
3,555,895

Note 13. Non-controlling interest

Consolidated
2022
2021
$
$
Issued capital
743,000
-
Foreign currency reserve
4,621
-
Accumulated losses
(9)
-
747,612
-
$ -
230,000
257,600
920,000
276,000
1,683,600
652,000
75,795
492,640
125,617
526,244
3,555,895
747,612 -

Note 13. Non-controlling interest

Note 14. Share-based payments

From time to time, the Group provides Incentive Options and Performance Rights to officers, employees, consultants, vendors and other key advisors as part of remuneration and incentive arrangements. The number of options or rights granted, and the terms of the options or rights granted are determined by the Board. Shareholder approval is sought where required. During the period the following share-based payments have been recognised:

26

Loyal Lithium Limited Notes to the financial statements 31 December 2022

Note 14. Share-based payments (continued)

Options
Vendor options(1)
Consultant options(1)
Broker options(3)
Consultant options(2)
Performance Rights
Performance rights
Consolidated
2022
$
652,000
75,795
492,640
125,617
1,346,051
526,244
1,872,295

The consultants options (2022: $201,412) and performance rights (2022: $526,244) were recognised through the profit and loss as a share based payments expense (2022: $727,655).

For the options granted during the current financial half-year, the valuation model inputs used to determine the fair value at the grant date, are as follows:

1 Vendor options
2 Consultant
options
3 Broker options
4 Consultant
options
Recongnisd in
Exploration &
Evaluation
Profit & Loss
Equity
Profit & Loss
Grant date
31-May-2022
2-May-2022
12-Dec-2022
29-June-2022
Issued date
7-June-2022
25-July-2022
31-Oct-2022
25-July-2022
Number of options issued
4,000,000
500,000
2,000,000
1,000,000
Expiry date
7-June-2024
25-July-2024
15-Dec -2025
25-July-2025
Vesting date
7-Jun-2022
2-May-2022
12-Dec-2022
29-June-2022
Share price at grant date
0.30
0.28
0.30
0.235
Exercise Price
0.30
0.30
0.70
0.35
Expected Volatility
100.00%
100%
100%
100%
Risk-Free Interest Rate
2.60%
2.60
3.26%
3.44%
Underlying fair value at grant date
$0.163
$0.1516
$0.2463
$0.1256
Fair Value
$652,000
$75,795
$492,640
$125,617
Set out below are summaries of options granted:

2022
Balance at
Expired/
Balance at
Exercise
the start of
forfeited/
the end of
Grant date
Expiry date
price
the year
Granted
Exercised
other
the year
07/07/2021
01/07/2024
$0.30
18,300,000
-
-
-
18,300,000
31/05/2022
07/07/2024
$0.30
-
4,000,000
-
-
4,000,000
02/05/2022
25/05/2025
$0.30
-
500,000
-
-
500,000
12/12/2022
15/12/2025
$0.70
-
2,000,000
-
-
2,000,000
29/06/2022
25/07/2025
$0.35
-
1,000,000
-
-
1,000,000
18,300,000
7,500,000
-
-
25,800,000
1 Vendor options
2 Consultant
options
3 Broker options
4 Consultant
options
Recongnisd in
Exploration &
Evaluation
Profit & Loss
Equity
Profit & Loss
Grant date
31-May-2022
2-May-2022
12-Dec-2022
29-June-2022
Issued date
7-June-2022
25-July-2022
31-Oct-2022
25-July-2022
Number of options issued
4,000,000
500,000
2,000,000
1,000,000
Expiry date
7-June-2024
25-July-2024
15-Dec -2025
25-July-2025
Vesting date
7-Jun-2022
2-May-2022
12-Dec-2022
29-June-2022
Share price at grant date
0.30
0.28
0.30
0.235
Exercise Price
0.30
0.30
0.70
0.35
Expected Volatility
100.00%
100%
100%
100%
Risk-Free Interest Rate
2.60%
2.60
3.26%
3.44%
Underlying fair value at grant date
$0.163
$0.1516
$0.2463
$0.1256
Fair Value
$652,000
$75,795
$492,640
$125,617
Set out below are summaries of options granted:

2022
Balance at
Expired/
Balance at
Exercise
the start of
forfeited/
the end of
Grant date
Expiry date
price
the year
Granted
Exercised
other
the year
07/07/2021
01/07/2024
$0.30
18,300,000
-
-
-
18,300,000
31/05/2022
07/07/2024
$0.30
-
4,000,000
-
-
4,000,000
02/05/2022
25/05/2025
$0.30
-
500,000
-
-
500,000
12/12/2022
15/12/2025
$0.70
-
2,000,000
-
-
2,000,000
29/06/2022
25/07/2025
$0.35
-
1,000,000
-
-
1,000,000
18,300,000
7,500,000
-
-
25,800,000
1 Vendor options
2 Consultant
options
3 Broker options
4 Consultant
options
Recongnisd in
Exploration &
Evaluation
Profit & Loss
Equity
Profit & Loss
Grant date
31-May-2022
2-May-2022
12-Dec-2022
29-June-2022
Issued date
7-June-2022
25-July-2022
31-Oct-2022
25-July-2022
Number of options issued
4,000,000
500,000
2,000,000
1,000,000
Expiry date
7-June-2024
25-July-2024
15-Dec -2025
25-July-2025
Vesting date
7-Jun-2022
2-May-2022
12-Dec-2022
29-June-2022
Share price at grant date
0.30
0.28
0.30
0.235
Exercise Price
0.30
0.30
0.70
0.35
Expected Volatility
100.00%
100%
100%
100%
Risk-Free Interest Rate
2.60%
2.60
3.26%
3.44%
Underlying fair value at grant date
$0.163
$0.1516
$0.2463
$0.1256
Fair Value
$652,000
$75,795
$492,640
$125,617
Set out below are summaries of options granted:

2022
Balance at
Expired/
Balance at
Exercise
the start of
forfeited/
the end of
Grant date
Expiry date
price
the year
Granted
Exercised
other
the year
07/07/2021
01/07/2024
$0.30
18,300,000
-
-
-
18,300,000
31/05/2022
07/07/2024
$0.30
-
4,000,000
-
-
4,000,000
02/05/2022
25/05/2025
$0.30
-
500,000
-
-
500,000
12/12/2022
15/12/2025
$0.70
-
2,000,000
-
-
2,000,000
29/06/2022
25/07/2025
$0.35
-
1,000,000
-
-
1,000,000
18,300,000
7,500,000
-
-
25,800,000
1 Vendor options
2 Consultant
options
3 Broker options
4 Consultant
options
Recongnisd in
Exploration &
Evaluation
Profit & Loss
Equity
Profit & Loss
Grant date
31-May-2022
2-May-2022
12-Dec-2022
29-June-2022
Issued date
7-June-2022
25-July-2022
31-Oct-2022
25-July-2022
Number of options issued
4,000,000
500,000
2,000,000
1,000,000
Expiry date
7-June-2024
25-July-2024
15-Dec -2025
25-July-2025
Vesting date
7-Jun-2022
2-May-2022
12-Dec-2022
29-June-2022
Share price at grant date
0.30
0.28
0.30
0.235
Exercise Price
0.30
0.30
0.70
0.35
Expected Volatility
100.00%
100%
100%
100%
Risk-Free Interest Rate
2.60%
2.60
3.26%
3.44%
Underlying fair value at grant date
$0.163
$0.1516
$0.2463
$0.1256
Fair Value
$652,000
$75,795
$492,640
$125,617
Set out below are summaries of options granted:

2022
Balance at
Expired/
Balance at
Exercise
the start of
forfeited/
the end of
Grant date
Expiry date
price
the year
Granted
Exercised
other
the year
07/07/2021
01/07/2024
$0.30
18,300,000
-
-
-
18,300,000
31/05/2022
07/07/2024
$0.30
-
4,000,000
-
-
4,000,000
02/05/2022
25/05/2025
$0.30
-
500,000
-
-
500,000
12/12/2022
15/12/2025
$0.70
-
2,000,000
-
-
2,000,000
29/06/2022
25/07/2025
$0.35
-
1,000,000
-
-
1,000,000
18,300,000
7,500,000
-
-
25,800,000
1 Vendor options
2 Consultant
options
3 Broker options
4 Consultant
options
Recongnisd in
Exploration &
Evaluation
Profit & Loss
Equity
Profit & Loss
Grant date
31-May-2022
2-May-2022
12-Dec-2022
29-June-2022
Issued date
7-June-2022
25-July-2022
31-Oct-2022
25-July-2022
Number of options issued
4,000,000
500,000
2,000,000
1,000,000
Expiry date
7-June-2024
25-July-2024
15-Dec -2025
25-July-2025
Vesting date
7-Jun-2022
2-May-2022
12-Dec-2022
29-June-2022
Share price at grant date
0.30
0.28
0.30
0.235
Exercise Price
0.30
0.30
0.70
0.35
Expected Volatility
100.00%
100%
100%
100%
Risk-Free Interest Rate
2.60%
2.60
3.26%
3.44%
Underlying fair value at grant date
$0.163
$0.1516
$0.2463
$0.1256
Fair Value
$652,000
$75,795
$492,640
$125,617
Set out below are summaries of options granted:

2022
Balance at
Expired/
Balance at
Exercise
the start of
forfeited/
the end of
Grant date
Expiry date
price
the year
Granted
Exercised
other
the year
07/07/2021
01/07/2024
$0.30
18,300,000
-
-
-
18,300,000
31/05/2022
07/07/2024
$0.30
-
4,000,000
-
-
4,000,000
02/05/2022
25/05/2025
$0.30
-
500,000
-
-
500,000
12/12/2022
15/12/2025
$0.70
-
2,000,000
-
-
2,000,000
29/06/2022
25/07/2025
$0.35
-
1,000,000
-
-
1,000,000
18,300,000
7,500,000
-
-
25,800,000
1 Vendor options
2 Consultant
options
3 Broker options
4 Consultant
options
Recongnisd in
Exploration &
Evaluation
Profit & Loss
Equity
Profit & Loss
Grant date
31-May-2022
2-May-2022
12-Dec-2022
29-June-2022
Issued date
7-June-2022
25-July-2022
31-Oct-2022
25-July-2022
Number of options issued
4,000,000
500,000
2,000,000
1,000,000
Expiry date
7-June-2024
25-July-2024
15-Dec -2025
25-July-2025
Vesting date
7-Jun-2022
2-May-2022
12-Dec-2022
29-June-2022
Share price at grant date
0.30
0.28
0.30
0.235
Exercise Price
0.30
0.30
0.70
0.35
Expected Volatility
100.00%
100%
100%
100%
Risk-Free Interest Rate
2.60%
2.60
3.26%
3.44%
Underlying fair value at grant date
$0.163
$0.1516
$0.2463
$0.1256
Fair Value
$652,000
$75,795
$492,640
$125,617
Set out below are summaries of options granted:

2022
Balance at
Expired/
Balance at
Exercise
the start of
forfeited/
the end of
Grant date
Expiry date
price
the year
Granted
Exercised
other
the year
07/07/2021
01/07/2024
$0.30
18,300,000
-
-
-
18,300,000
31/05/2022
07/07/2024
$0.30
-
4,000,000
-
-
4,000,000
02/05/2022
25/05/2025
$0.30
-
500,000
-
-
500,000
12/12/2022
15/12/2025
$0.70
-
2,000,000
-
-
2,000,000
29/06/2022
25/07/2025
$0.35
-
1,000,000
-
-
1,000,000
18,300,000
7,500,000
-
-
25,800,000
18,300,000 7,500,000 - - 25,800,000

27

Loyal Lithium Limited Notes to the financial statements 31 December 2022

Note 14. Share-based payments (continued)

  • The weighted average remaining contractual life of options outstanding at the end of the financial year was 1.68 years.

2021

2021
Exercise
Grant date
Expiry date
price
07/07/2021
01/07/2024
$0.30
Balance at
the start of
the year
-
Granted
18,300,000
Exercised
-
Expired/
forfeited/
other
-
Balance at
the end of
the year
18,300,000
- 18,300,000 - - 18,300,000
  • The weighted average remaining contractual life of options outstanding at the end of the prior year was 2.51 years.

For the options granted during the prior financial year, the valuation model inputs used to determine the fair value at the grant date, are as follows:

Share price Exercise Expected Trinomial Risk-free Fair value
Grant date Expiry date at grant date price volatility step interest rate at grant date
07/07/2021 06/07/2024 $0.20 $0.30 100.00% 200.00% 0.10% $0.092

28

Loyal Lithium Limited Notes to the financial statements 31 December 2022

Note 14. Share-based payments (continued)

Performance Rights

During the period the Company issued 24 million performance rights (2.4 million post-consolidation to three directors. The terms of the performance rights issued were disclosed in the annual general meeting notice announced 22 October 2021. The performance rights are long-term incentives to offer conditional rights to fully paid ordinary shares in the Company upon satisfaction of vesting criteria over the vesting periods for no cash consideration. Fair value has been measured using the share price at grant date.

Vesting conditions for the rights are set out in the table below:

Applicable Class of Lapse Lapse Number
Milestone Performance date rights
Rights issued
Class A Performance 6 months of continuous employment from 6 months from 500,000
Rights the Commencement Date; and the commencement
development
of
a
comprehensive
date
strategic plan approved by the board and
released to the market.
Class B Performance 12 months of continuous employment 12 months from 500,000
Rights from the Commencement Date; and the commencement
volume weighted Share price being date
greater than $0.35 over 20 consecutive
days in which trading in the Company’s
securities occurred.
Class C Performance 18 months of continuous employment 18 months from 500,000
Rights from the Commencement Date; and the commencement
volume weighted Share price being date
greater than $0.50 over 20 consecutive
days in which trading in the Company’s
securities occurred..
Class D Performance 18 months of continuous employment 18 months from 500,000
Rights from the Commencement Date; and the commencement
volume weighted Share price being date
greater than $0.75 over 20 consecutive
days in which trading in the Company’s
securities occurred.
Class E Performance 6 months of continuous employment from 6 months from 250,000
Rights the Commencement Date; and completion commencement
of a maiden drilling campaign on (one of) date
the company’s North American Lithium
project/(s)
Class F Performance 12 months of continuous employment 12 months from 500,000
Rights from the Commencement Date; and the commencement
development of a Resource & a Scoping date
Study on one of the Company’s projects
Class G Performance 18 months of continuous employment 18 months from 250,000
Rights from the Commencement Date; and a commencement
Significant Grant of at least USD$1M or a date
Strategic Partnership that the board can
determine adds at least USD$1M of value
to the company.

The performance rights were valued at $0.1754 using the Black-Scholes option pricing model on the grant date 25 July 2022. The total share-based payment expense recognised on the performance rights issued for the year was $526,244.

29

Loyal Lithium Limited Notes to the financial statements 31 December 2022

Note 14. Share-based payments (continued)

Set out below are the summaries of Performance rights granted during the period as share based payments:

Grant date
Expiry date
Class
Price at
grant
date
25/07/2022
25/01/2023
A
$0.1754
25/07/2022
25/07/2023
B
$0.1754
25/07/2022
25/01/2024
C
$0.1754
25/07/2022
25/01/2024
D
$0.1754
25/07/2022
25/01/2023
E
$0.1754
25/07/2022
25/07/2023
F
$0.1754
25/07/2022
25/01/2024
G
$0.1754
Exercised
500,000

500,000

500,000

500,000

250,000

500,000
250,000
Exercise/
lapsed/ other
-
-
-
-
-
-
-
Balance at the
end of the year
500,000
500,000
500,000
500,000
250,000
500,000
250,000
3,000,000 - 3,000,000

Note 15. Dividends

There were no dividends paid, recommended or declared during the current or previous financial year.

Note 16. Financial instruments

The consolidated entity activities expose it to a variety of financial risks, market risk, credit risk and liquidity risk.

The Company’s overall risk management program focuses on the unpredictability of financial markets and seeks to minimize potential adverse effects of the financial performance of the entity.

Market risk

Market risk is the risk that changes in market prices, such as foreign exchange risk, interest rates and equity prices will affect the Company’s income or the value of its holdings of financial instruments. The objective of market risk management is to manage and control market risk exposures within acceptable parameters, while optimizing the return.

The Company operates internationally and therefore there is exposure to foreign exchange risk arising from currency exposures. The Company is not exposed to equity security price risk and holds no equity investments. The Company is not exposed to commodity price risk as the Company is still carrying out exploration.

Interest rate risk

Interest rate risk arises from investment of cash at variable rates. The consolidated entity income and operating cash flows are not materially exposed to changes in market interest rates. At the reporting date, the interest rate profile of the Company’s interest bearing financial instruments was:

Variable rate instruments
Cash and cash equivalents
Consolidated
2022
2021
$
$
6,573,702
3,640,881

30

Loyal Lithium Limited Notes to the financial statements 31 December 2022

Note 16. Financial instruments (continued)

Consolidated 2021
Variable rate instruments
Cash and cash equivalents

Consolidated 2022
Variable rate instruments
Cash and cash equivalents
Carrying
amount
3,640,881
Profit or loss
100 bp
increase
$
36,409
Profit or loss
100 bp
decrease
$
(36,409)
Equity
100 bp
increase
$
36,409
Equity
100 bp
decrease
$
(36,409)
Carrying
amount
6,573,702
Profit or loss
100 bp
increase
65,737
Profit or loss
100 bp
decrease
(65,737)
Equity
100 bp
increase
65,737
Equity
100 bp
decrease
(65,737)

Interest rate risk arises from investment of cash at variable rates. The Company’s income and operating cash flows are not materially exposed to changes in market interest rates.

An increase of 100 basis points (decrease of 100 basis points) in interest rates at the reporting date would have increased (decreased) equity and profit or loss by the amounts presented below. This analysis assumes that all other variables remain constant. The analysis was performed on the same basis for June 2021. The following table summarises the sensitivity of the Company’s financial assets (cash) to interest rate risk:

Credit Risk

Credit risk is the risk of financial loss to the Company if a customer or counterparty to a financial instrument fails to meet its contractual obligations.

The Company has no significant concentration of credit risk. Credit risk arises from cash and cash equivalents held with the bank and financial institutions and receivables due from other entities. For banks and financial institutions, only independently rated parties with a minimum rating of ‘A’ are accepted.

The maximum exposure to credit risk is the carrying amount of the financial asset. The maximum exposure to credit risk at the reporting date was:

Cash and cash equivalents
Goods & services tax
Trade receivables
Consolidated
2022
2021
$
$
6,573,000
3,640,881
(17,122)
58,660
77,000
-
6,632,878
3,699,541
Consolidated
2022
2021
$
$
6,573,000
3,640,881
(17,122)
58,660
77,000
-
6,632,878
3,699,541
6,632,878 3,699,541

Liquidity risk

Liquidity risk is the risk that the consolidated entity will encounter difficulty in meeting the obligations associated with its financial liabilities that are settled by delivering cash or another financial asset. The Company’s liquidity risk arises from operational commitments. Prudent liquidity risk management implies maintaining sufficient cash and marketable securities. Management aims at maintaining flexibility in funding by regularly reviewing cash requirements and monitoring forecast cash flows.

The following are the contractual maturities of financial liabilities:

31

Loyal Lithium Limited Notes to the financial statements 31 December 2022

Note 16. Financial instruments (continued)

Weighted
average
interest
rate
Consolidated - 2022
%
Non-derivatives
Non-interest bearing
Trade and other payables
-
Total non-derivatives

Weighted
average
interest
rate
Consolidated - 2021
%
Non-derivatives
Non-interest bearing
Trade and other payables
-
Total non-derivatives
1 year or
less
$ 545,642
Between 1
and 2
years
$ -
Between 2
and 5
years
$ -
Over 5
years
$ -
Carrying
Amount
$ -
Remaining
contractual
maturities
$ 545,642
545,642 - - - - 545,642
1 year or
less
$ 64,291
Between 1
and 2
years
$ -
Between 2
and 5
years
$ -
Over 5
years
$ -
Carrying
Amount
$ -
Remaining
contractual
maturities
$ 64,291
64,291 - - - - 64,291

Fair value

The carrying amount of the financial assets financial liabilities recorded in the financial statements represent the their respective net fair value determined in accordance with the accounting policies.

Capital management

The Company’s policy in relation to capital management is for management to regularly and consistently monitor future cash flows against expected expenditures for a rolling period of up to 12 months in advance. The Board determines the Company’s need for additional funding by way of either share placements or loan funds depending on market conditions at the time. Management defines working capital in such circumstances as its excess liquid funds over liabilities, and defines capital as being the ordinary share capital of the Company. There were no changes in the Company’s approach to capital management during the year. The Company is not subject to externally imposed capital requirements.

Note 17. Key management personnel disclosures

Compensation

The aggregate compensation made to directors and other members of key management personnel of the consolidated entity is set out below:

Short-term employee benefits
Post-employment benefits
Share-based payments
Consolidated
2022
2021
$
$
170,212
42,818
1,364
2,182
-
230,000
171,576
275,000
Consolidated
2022
2021
$
$
170,212
42,818
1,364
2,182
-
230,000
171,576
275,000
171,576 275,000

Note 18. Contingent liabilities

There are no contingent liabilities or contingent assets at 31 December 2022 and 31 December 2021.

Note 19. Commitments

There are no commitments at 31 December 2022 and 31 December 2021.

32

Loyal Lithium Limited Notes to the financial statements 31 December 2022

Note 20. Related party transactions

Parent entity

Loyal Lithium Limited is the parent entity.

Subsidiaries

Interests in subsidiaries are set out in Note 23

Key management personnel

Disclosures relating to key management personnel are set out in note 17 and the remuneration report included in the directors' report.

Transactions with related parties

There were no transactions with related parties during the current and previous financial year.

Receivable from and payable to related parties

There were no trade receivables from or trade payables to related parties at the current and previous reporting date.

There were no loans to or from related parties at the current and previous reporting date.

Note 21. Parent entity information

Set out below is the supplementary information about the parent entity.

Statement of profit or loss and other comprehensive income

Loss after income tax
Other comprehensive income for the year, net of tax
Total comprehensive income
Parent
2022
2021
$
$
(4,039,839)
(1,087,334)
-
-
(4,039,839)
(1,087,334)
Parent
2022
2021
$
$
(4,039,839)
(1,087,334)
-
-
(4,039,839)
(1,087,334)
- -
(4,039,839) (1,087,334)

33

Loyal Lithium Limited Notes to the financial statements 31 December 2022

Note 21. Parent entity information (continued)

Statement of financial position

Total current assets
Total non-current assets
Total assets
Total current liabilities
Total non-current liabilities
Total liabilities
Net assets
Equity
Issued capital
Foreign Currency Reserves
Share-based payments reserve
Accumulated losses
Total equity
Parent
2022
2021
$
$
8,647,323
3,699,541
2,995,226
1,257,948
11,642,549
4,957,489
540,534
64,291
-
-
540,534
64,291
11,102,015
4,893,198
12,739,707
4,372,509
9,119
-
3,555,895
1,683,600
(5,202,706)
(1,162,911)
11,102,015
4,893,198
Parent
2022
2021
$
$
8,647,323
3,699,541
2,995,226
1,257,948
11,642,549
4,957,489
540,534
64,291
-
-
540,534
64,291
11,102,015
4,893,198
12,739,707
4,372,509
9,119
-
3,555,895
1,683,600
(5,202,706)
(1,162,911)
11,102,015
4,893,198
2,995,226 1,257,948
11,642,549 4,957,489
540,534
64,291
- -
540,534
64,291
11,102,015 4,893,198
12,739,707
9,119
3,555,895
(5,202,706)
4,372,509
-
1,683,600
(1,162,911)
11,102,015 4,893,198

Note 22. Acquisition of exploration projects

Projects Acquired

On 7th June 2022, Loyal Lithium Limited acquired 80% of American Consolidated Lithium Pty Ltd (“ACL”). ACL holds the rights to acquire a 100% interest in 700 unpatented placer mining claims covering approximately 14,000 acres in Nye County, southern Nevada, USA, known as the Scotty Lithium Project. Under the agreement, 8,000,000 Shares and 4,000,000 in the capital of options (exercisable at $0.30 and expiring on 6 July 2024) were issued to the venders as consideration for the Projects.

As the assets acquired do not meet the definition of a business under Australian Accounting Standard AASB 3 Business Combinations, the transaction has been accounted for as an asset acquisition.

34

Loyal Lithium Limited Notes to the financial statements 31 December 2022

Note 22. Acquisition of exploration projects (continued)

The fair value of the assets and liabilities acquired on the date of acquisition are as follows:

Acquisition-date fair value of the exploration projects
Cash and cash equivalents
Other assets
Liabilities assumed
Less 20% non-controlling interest
Acquisition-date fair value of the total consideration transferred
Representing:
8,000,000 shares issued to vendors of American Consolidated Lithium value at $0.29 each (note 11)
4,000,0000 unlisted options issued to the vendors of American Consolidated Lithium exercisable at $0.30
each.
Fair value
$
3,977,967
7,526
1,508
(272,001)
(743,000)
2,972,000
2,320,000
652,000
2,972,000

Subject to the satisfaction of certain performance milestones, the Company has agreed to purchase the remaining shares and options in the issued capital in American Consolidated Lithium Pty Ltd in two stages:

  • A further 10%, so that the Company will hold 90% of the issued capital in ACL through the issue of 9,000,000 Shares and 4,500,000 Options (exercisable at $0.50 and expiring 3 years from the date of issue) to the vendors; and

  • A final 10%, so that the Company will hold 100% of the issued capital in ACL through the issue of 9,000,000 Shares and 4,500,000 Options exercisable at $0.70 and expiring 3 years from the date of issue) to the vendors.

Note 23. Interests in subsidiaries

The consolidated financial statements incorporate the assets, liabilities and results of the following wholly-owned subsidiaries in accordance with the accounting policy described in note 1.

Ownership interest
Principal place of business / 2022 2021
Name Country of incorporation % %
Mt Monger Projects Pty Ltd Australia 100.00% 100.00%
Brisk Lithium Project Inc Canada 100.00% -
Trieste Lithium Project Inc Canada 100.00% -
9478-8809 Quebec Inc Canada 100.00% -
American Consolidated Lithium Pty Ltd * Australia 80.00% -
Nevlith LLC United states 80.00% -
Olsom Inc United States 80.00% -
  • American Consolidated Lithium owns 100% of Nevlith LLC and Olsom Inc . The Company’s ownership in American Consolidated Lithium increased to 100% in February 2023.

35

Loyal Lithium Limited Notes to the financial statements 31 December 2022

Note 24. Reconciliation of loss after income tax to net cash used in operating activities

Loss after income tax expense for the year
Adjustments for:
Depreciation and amortisation
Share-based payments
Impairment of exploration expenditure
Change in operating assets and liabilities:
Increase in trade and other receivables
Decrease in trade and other payables
Net cash used in operating activities
Consolidated
2022
2021
$
$
(4,039,839)
(1,087,334)
4,255
6,629
727,655
2,214,112
487,600
-
(77,858)
(52,326)
217,552
386,783
(954,123)
(258,648)
Consolidated
2022
2021
$
$
(4,039,839)
(1,087,334)
4,255
6,629
727,655
2,214,112
487,600
-
(77,858)
(52,326)
217,552
386,783
(954,123)
(258,648)
(954,123) (258,648)

Note 25. Remuneration of auditors

During the financial period the following fees were paid or payable for services provided by BDO Audit Pty Ltd, the auditor of the company:

_Audit services -_BDO Audit Pty Ltd
Audit or review of the financial statements
Consolidated
2022
2021
$
$
50,000
20,000

Note 26. Events after the reporting period

The following events have occurred subsequent to the period end:

  • The Company has continued its exploration activities at the Large-Scale Trieste Lithium Project, with continued historical data compilation and interpretation, historical core pegmatite samples submitted for assay, a highresolution magnetic survey was completed; acquisition, processing and derivative products of satellite data and planning underway for further geophysics and inaugural field programs in the 2023 Canadian Spring

  • The Company received data from an MT geophysics survey, received a Bureau of Land Management - Nevada Drilling Permit and bond payment was made, signed contracts for ground preparation (Pinion) and exploration drilling (Boart Longyear) at the Scotty Lithium Project in Nevada USA

  • The Company has negotiated the acquisition of the remaining 20% of the Scotty Lithium Project. Under the terms of the agreement the Company has cancelled the 18,000,000 Performance Shares and 9,000,000 options. The Company has issued 7 million Ordinary Shares and will issue 3.5million unquoted options exercisable at A$0.50 and expiring 3 years from the date of issue (subject to shareholder approval)

  • The Company announced the resignation of non-executive Director Benjamin Fogelgarn and the appointment of Adam Ritchie as Managing Director and Peretz Shapiro as Executive Chairman.

No other matter or circumstance has arisen since 31 December 2022 that has significantly affected, or may significantly affect the consolidated entity's operations, the results of those operations, or the consolidated entity's state of affairs in future financial years.

36

Loyal Lithium Limited Notes to the financial statements 31 December 2022

Note 27. Earnings per share

Loss after income tax
Non-controlling interest
Loss after income tax

Weighted average number of ordinary shares used in calculating basic earnings per share
Weighted average number of ordinary shares used in calculating diluted earnings per share

Basic earnings per share
Diluted earnings per share
Consolidated
2022
2021
$
$
(4,039,839)
(1,087,334)
9
-
(4,038,830)
(1,087,334)
Consolidated
2022
2021
$
$
(4,039,839)
(1,087,334)
9
-
(4,038,830)
(1,087,334)
(4,038,830) (1,087,334)
Number
32,921,314
Number
14,038,057
32,921,314 14,038,057
Cents
(12.27)
(12.27)
Cents
(7.75)
(7.75)

37

Loyal Lithium Limited Directors' declaration 31 December 2022

In the directors' opinion:

  • the attached financial statements and notes comply with the Corporations Act 2001, the Accounting Standards, the Corporations Regulations 2001 and other mandatory professional reporting requirements;

  • the attached financial statements and notes comply with International Financial Reporting Standards as issued by the International Accounting Standards Board as described in note 1 to the financial statements;

  • the attached financial statements and notes give a true and fair view of the consolidated entity's financial position as at 31 December 2022 and of its performance for the financial year ended on that date; and

  • there are reasonable grounds to believe that the company will be able to pay its debts as and when they become due and payable.

The directors have been given the declarations required by section 295A of the Corporations Act 2001.

Signed in accordance with a resolution of directors made pursuant to section 295(5)(a) of the Corporations Act 2001.

On behalf of the directors

_________ Peretz Shapiro Executive Chairman

31 March 2023

38

Collins Square, Tower Four Level 18, 727 Collins Street Melbourne VIC 3008 GPO Box 5099 Melbourne VIC 3001 Australia

Tel: +61 3 9603 1700 Fax: +61 3 9602 3870 www.bdo.com.au

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INDEPENDENT AUDITOR'S REPORT

To the members of Loyal Lithium Limited

Report on the Audit of the Financial Report

Opinion

We have audited the financial report of Loyal Lithium Limited (the Company) and its subsidiaries (the Group), which comprises the consolidated statement of financial position as at 31 December 2022, the consolidated statement of profit or loss and other comprehensive income, the consolidated statement of changes in equity and the consolidated statement of cash flows for the year then ended, and notes to the financial report, including a summary of significant accounting policies and the directors’ declaration.

In our opinion the accompanying financial report of the Group, is in accordance with the Corporations Act 2001 , including:

  • (i) Giving a true and fair view of the Group’s financial position as at 31 December 2022 and of its financial performance for the year ended on that date; and

  • (ii) Complying with Australian Accounting Standards and the Corporations Regulations 2001 .

Basis for opinion

We conducted our audit in accordance with Australian Auditing Standards. Our responsibilities under those standards are further described in the Auditor’s responsibilities for the audit of the Financial Report section of our report. We are independent of the Group in accordance with the Corporations Act 2001 and the ethical requirements of the Accounting Professional and Ethical Standards Board’s APES 110 Code of Ethics for Professional Accountants (including Independence Standards) (the Code) that are relevant to our audit of the financial report in Australia. We have also fulfilled our other ethical responsibilities in accordance with the Code.

We confirm that the independence declaration required by the Corporations Act 2001 , which has been given to the directors of the Company, would be in the same terms if given to the directors as at the time of this auditor’s report.

We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

BDO Audit Pty Ltd ABN 33 134 022 870 is a member of a national association of independent entities which are all members of BDO Australia Ltd ABN 77 050 110 275, an Australian company limited by guarantee. BDO Audit Pty Ltd and BDO Australia Ltd are members of BDO International Ltd, a UK company limited by guarantee, and form part of the international BDO network of independent member firms. Liability limited by a scheme approved under Professional Standards Legislation.

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Key audit matters

Key audit matters are those matters that, in our professional judgement, were of most significance in our audit of the financial report of the current period. These matters were addressed in the context of our audit of the financial report as a whole, and in forming our opinion thereon, and we do not provide a separate opinion on these matters.

Carrying value of exploration and evaluation expenditures

Key audit matter
How the matter was addressed in our audit
Key audit matter
How the matter was addressed in our audit
As the carrying value of the capitalised exploration and
evaluation expenditures represents a significant asset
of the company, we considered it necessary to assess
whether facts and circumstances existed to suggest
that the carrying amount of this asset may exceed its
recoverable amount.
AASB 6_Exploration for and Evaluation of Mineral_
_Resources_contains the requirements with respect to
both the initial recognition of such assets and ongoing
requirements to continue to carry forward the assets.
Note 1 to the financial statements contains the
accounting policy and note 9 disclosures in relation to
exploration and evaluation expenditures.
Our procedures included:

Obtaining evidence that the Group has valid
rights to explore in the areas represented by the
capitalised exploration and evaluation
expenditure

Confirming whether the rights to tenure of the
areas of interest remained current at the
reporting date as well as confirming that rights to
tenure are expected to be renewed for
tenements that will expire in the near future

Agreeing a sample of additions to supporting
documentation and ensuing amounts capitalised
were permissible and capitalised correctly

Reviewing the directors’ assessment of the
carrying value of the exploration and evaluation
costs, ensuring that management have considered
the effect of impairment indicators, commodity
prices and the stage of the Group’s projects

Reviewing budgets and challenging assumptions
made by the entity to ensure that substantive
expenditure on further exploration for and
evaluation of the mineral resources in the areas
of interest were planned

Reviewing ASX announcements and minutes of
directors’ meetings to ensure that the company
had not decided to discontinue activities in any
of its areas of interest.

Other information

The directors are responsible for the other information. The other information comprises the information contained in directors report for the year ended 31 December 2022, but does not include the financial report and our auditor’s report thereon, which we obtained prior to the date of this auditor’s report, and the annual report, which is expected to be made available to us after that date.

Our opinion on the financial report does not cover the other information and we do not express any form of assurance conclusion thereon.

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In connection with our audit of the financial report, our responsibility is to read the other information identified above and, in doing so, consider whether the other information is materially inconsistent with the financial report or our knowledge obtained in the audit or otherwise appears to be materially misstated.

If, based on the work we have performed on the other information that we obtained prior to the date of this auditor’s report, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard.

When we read the directors report, if we conclude that there is a material misstatement therein, we are required to communicate the matter to the directors and will request that it is corrected. If it is not corrected, we will seek to have the matter appropriately brought to the attention of users for whom our report is prepared.

Responsibilities of the directors for the Financial Report

The directors of the Company are responsible for the preparation of the financial report that gives a true and fair view in accordance with Australian Accounting Standards and the Corporations Act 2001 and for such internal control as the directors determine is necessary to enable the preparation of the financial report that gives a true and fair view and is free from material misstatement, whether due to fraud or error.

In preparing the financial report, the directors are responsible for assessing the ability of the group to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the Group or to cease operations, or has no realistic alternative but to do so.

Auditor’s responsibilities for the audit of the Financial Report

Our objectives are to obtain reasonable assurance about whether the financial report as a whole is free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with the Australian Auditing Standards will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of this financial report.

A further description of our responsibilities for the audit of the financial report is located at the Auditing and Assurance Standards Board website (http://www.auasb.gov.au/Home.aspx) at:

https://www.auasb.gov.au/admin/file/content102/c3/ar1_2020.pdf

This description forms part of our auditor’s report.

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Report on the Remuneration Report

Opinion on the Remuneration Report

We have audited the Remuneration Report included in pages 5 to 8 of the directors’ report for the year ended 31 December 2022.

In our opinion, the Remuneration Report of Loyal Lithium Limited, for the year ended 31 December 2022, complies with section 300A of the Corporations Act 2001 .

Responsibilities

The directors of the Company are responsible for the preparation and presentation of the Remuneration Report in accordance with section 300A of the Corporations Act 2001 . Our responsibility is to express an opinion on the Remuneration Report, based on our audit conducted in accordance with Australian Auditing Standards.

BDO Audit Pty Ltd

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James Mooney Director

Melbourne, 31 March 2023

ADDITIONAL ASX INFORMATION

The shareholder information set out below was applicable as at 14 March 2023.

As at 14 March 2023 there were 926 holders of Ordinary Fully Paid Shares.

CORPORATE GOVERNANCE

The Company’s Corporate Governance Statement has been released as a separate document and is also located on our website at http://loyallithium.com/about/#company

VOTING RIGHTS

The voting rights of the ordinary shares are as follows:

(a) at meetings of members each member entitled to vote may vote in person or by proxy or attorney; and (b) on a poll each person present in person or by proxy or by attorney has one vote for each ordinary share held.

There are no voting rights attached to any of the options that the Company currently has on issue. Upon exercise of these options, the shares issued will have the same voting rights as existing ordinary shares.

TWENTY LARGEST SHAREHOLDERS

The names of the twenty largest holders of each class of listed securities are listed below:

Ordinary Fully Paid Shares

Ordinary Fully Paid Shares
Holder Name Holding % IC
TORIAN RESOURCES LIMITED 3,000,001 4.80%
HALE COURT HOLDINGS PTY LTD 2,972,696 4.76%
BULLSEYE GEOSERVICES PTY LTD 2,050,000 3.28%
BULLSEYE GEOSERVICES PTY LTD 2,000,000 3.20%
IKIGAI STRATEGIC INVESTMENTS PTY LTD 2,000,000 3.20%
IKIGAI STRATEGIC INVESTMENTS PTY LTD 2,000,000 3.20%
CITICORP NOMINEES PTY LIMITED 1,377,626 2.20%
STELABEL PTY LTD 1,171,875 1.88%
MR AVDO TABAKOVIC 1,100,000 1.76%
JASFORCE PTY LTD 1,068,858 1.71%
HSBC CUSTODY NOMINEES (AUSTRALIA) LIMITED - A/C 2 1,050,000 1.68%
MR TIM POWE & MRS SUZANNE PATRICIA GULIKERS SUPER FUND A/C> 1,000,000 1.60%
MEESHA INVESTMENTS PTY LTD 937,500 1.50%
HSBC CUSTODY NOMINEES (AUSTRALIA) LIMITED 873,524 1.40%
SAILORS OF SAMUI PTY LTD 800,000 1.28%
MEESHA INVESTMENTS PTY LTD < HENRY FAMILY A/C > 800,000 1.28%
ALTOR CAPITAL MANAGEMENT PTY LTD 750,000 1.20%
BNP PARIBAS NOMINEES PTY LTD 722,405 1.16%
EVANS LEAP HOLDINGS PTY LTD 610,603 0.98%
SAWGRASS T PTY LTD 590,000 0.94%
MR MICHAEL JOHN ALEXANDER HAYNES & MRS MELISSA MAREE HAYNES
568,750 0.91%
BNP PARIBAS NOMS PTY LTD 511,348 0.82%
DG RESOURCE MANAGEMENT LTD 500,000 0.80%
Total 28,455,186 45.54%
Total issued capital - selected security class(es) 62,490,001 100.00%

ADDITIONAL ASX INFORMATION

SUBSTANTIAL HOLDERS

The names of the substantial shareholders disclosed to the Company as substantial shareholders as at 14 March 2023 are:

Holder Name Holding % IC
HALE COURT HOLDINGS PTY LTD, IKIGAI STRATEGIC
INVESTMENTS PTY LTD & EVANS
LEAP HOLDINGS PTY LTD
7,977,049 12.77%

DISTRIBUTION OF EQUITY SECURITIES

Ordinary Fully Paid Shares

Holding Ranges Holders Total Units % Issued Share
Capital
above 0 up to and including 1,000 49 20,300 0.03%
above 1,000 up to and including 5,000 236 672,563 1.08%
above 5,000 up to and including 10,000 169 1,433,494 2.29%
above 10,000 up to and including 100,000 367 12,991,368 20.79%
above 100,000 105 47,372,276 75.81%
Totals 926 62,490,001 100.00%

Based on the price per security, number of holders with an unmarketable holding: 110, with total 108,346, amounting to 0.17% of Issued Capital (based on share price of $0.265)

RESTRICTED SECURITIES

As at 14 March 2023 the following shares are subject to escrow:

Security Code Security Name **Total Holdings **
MMGESC24 ASX - ESCROWED SHARES 24M UNTIL 06/07/2023 3,000,001
MMGOPT2 ASX - OPT@ $0.30 EXP 06/07/2024–ESCROWED 06/07/2023 21,400.000
TOTAL 24,400,001
Security Code Security Name **Total Holdings **
LLIESCAP Voluntary- ESCROWED SHARES 6M UNTIL 3/04/2023 1,000,000
LLIESC26 Voluntary- ESCROWED SHARES UNTIL 3/4/2023 200.000
LLIESC27 Voluntary - ESCROWED SHARES UNTIL 16/5/2023 3,499,999
LLIESC28 Voluntary - ESCROWED SHARES UNTIL 16/8/2023 3,500,001
TOTAL 8,000,200

UNQUOTED SECURITIES

As at 14 March 2023, the following unquoted securities are on issue:

– 900,000 - OPTIONS @ $0.30 EXP 06/07/2024 1 Holders (LLIOPT2 - OPT @ $0.30 EXP 06/07/2024)

Holders with more than 20%

Holders with more than 20%
Holder Name Holding % IC
LAUNCHPAD (AUS) PTY LTD 900,000 100%

ADDITIONAL ASX INFORMATION

– 21,400,000 - OPTIONS @ $0.30 EXP 06/07/2024 ESCROWED UNTIL 06/07/2023 43 Holders (LLIOPT1 - OPT @ $0.30 EXP 06/07/2024 ESC 06/07/23)

Holders with more than 20%

Holders with more than 20%
Holder Name Holding % IC
N/A
500,000 - OPTIONS @ $0.45 EXP 02/05/2025– 1 Holders (LLIOPT3 - ESOP OPTIONS @ $0.45 EXP 02/05/2025)
Holders with more than 20%
Holder Name Holding % IC
DARREN PHILLIP ALLINGHAM 500,000 100%

– 333,333 - OPTIONS @ $0.35 EXP 22/07/2025 1 Holders (LLIOPT6 - UNL OPT EXP 22/07/2025 @ $0.35 VEST 6M) Holders with more than 20%

Holders with more than 20%
Holder Name Holding % IC
VECTOR CONCEPTS PTY LTD 333,333 100%
333,333 - OPTIONS @ $0.35 EXP 22/07/2025– 1 Holders (LLIOPT7 - UNL OPT EXP 22/07/2025 @ $0.35 VEST 12
Holders with more than 20%
Holder Name Holding % IC
VECTOR CONCEPTS PTY LTD 333,333 100%

– 333,333 - OPTIONS @ $0.35 EXP 22/07/2025 1 Holders (LLIOPT7 - UNL OPT EXP 22/07/2025 @ $0.35 VEST 12M) Holders with more than 20%

– 333,334 - OPTIONS @ $0.35 EXP 22/07/2025 1 Holders (LLIOPT8 - UNL OPT EXP 22/07/2025 @ $0.35 VEST 18M)

Holders with more than 20%

Holders with more than 20%
Holder Name Holding % IC
VECTOR CONCEPTS PTY LTD 333,334 100%
500,000– Performance Rights– 1 Holders (LLIPERF1 - PERF RIGHTS STAGE 1 VEST 6M FROM 25/7/22)
Holders with more than 20%
Holder Name Holding % IC
VECTOR CONCEPTS PTY LTD 500,000 100%
500,000 - Performance Rights– 1 Holders (LLIPERF2 - PERF RIGHTS STAGE 2 VEST12M FROM 25/7/22)
Holders with more than 20%
Holder Name Holding % IC
VECTOR CONCEPTS PTY LTD 500,000 100%
500,000 - Performance Rights– 1 Holders (LLIPERF3 - PERF RIGHTS STAGE 3 VEST18M FROM 25/7/22)
Holders with more than 20%
Holder Name Holding % IC
VECTOR CONCEPTS PTY LTD 500,000 100%

ADDITIONAL ASX INFORMATION

– 500,000 - Performance Rights 1 Holders (LLIPERF4 - PERF RIGHTS STAGE 4 VEST18M FROM 25/7/22) Holders with more than 20%

Holders with more than 20%
Holder Name Holding % IC
VECTOR CONCEPTS PTY LTD 500,000 100%

– 250,000 - Performance Rights 1 Holders (LLIPERF5 - PERF RIGHTS STAGE 5 VEST 6M FROM 25/7/22) Holders with more than 20%

Holders with more than 20%
Holder Name Holding % IC
VECTOR CONCEPTS PTY LTD 250,000 100%
500,000 - Performance Rights– 1 Holders (LLIPERF6 - PERF RIGHTS STAGE 6 VEST12M FROM 25/7/22)
Holders with more than 20%
Holder Name Holding % IC
VECTOR CONCEPTS PTY LTD 500,000 100%

– 250,000 - Performance Rights 1 Holders (LLIPERF7 - PERF RIGHTS STAGE 7 VEST18M FROM 25/7/22) Holders with more than 20%

Holders with more than 20%
Holder Name Holding % IC
VECTOR CONCEPTS PTY LTD 250,000 100%

ON-MARKET BUY BACK

There is currently no on-market buyback program.

ASX LISTING RULE 4.10.19

The Company has used its cash and assets in a form readily convertible to cash that it had at the time of reinstatement of the Company’s securities to quotation in a way consistent with its business objectives.

ADDITIONAL ASX INFORMATION

TENEMENTS HELD AT 14 MARCH 2023

Tenement or Claim Number Location Nature Status Interest
CDC2636348 Brisk Transfer pending Active 100%
CDC2636349 Brisk Transfer pending Active 100%
CDC2636350 Brisk Transfer pending Active 100%
CDC2636351 Brisk Transfer pending Active 100%
CDC2636352 Brisk Transfer pending Active 100%
CDC2636353 Brisk Transfer pending Active 100%
CDC2636354 Brisk Transfer pending Active 100%
CDC2636355 Brisk Transfer pending Active 100%
CDC2636356 Brisk Transfer pending Active 100%
CDC2636357 Brisk Transfer pending Active 100%
CDC2636358 Brisk Transfer pending Active 100%
CDC2636359 Brisk Transfer pending Active 100%
CDC2636360 Brisk Transfer pending Active 100%
CDC2636361 Brisk Transfer pending Active 100%
CDC2636362 Brisk Transfer pending Active 100%
CDC2636363 Brisk Transfer pending Active 100%
CDC2636364 Brisk Transfer pending Active 100%
CDC2636365 Brisk Transfer pending Active 100%

ADDITIONAL ASX INFORMATION

Tenement or Claim Number Location Nature Status Interest
CDC2636366 Brisk Transfer pending Active 100%
CDC2636367 Brisk Transfer pending Active 100%
CDC2636368 Brisk Transfer pending Active 100%
CDC2636369 Brisk Transfer pending Active 100%
CDC2636370 Brisk Transfer pending Active 100%
CDC2636371 Brisk Transfer pending Active 100%
CDC2636372 Brisk Transfer pending Active 100%
CDC2636373 Brisk Transfer pending Active 100%
CDC2636374 Brisk Transfer pending Active 100%
CDC2636375 Brisk Transfer pending Active 100%
CDC2636376 Brisk Transfer pending Active 100%
CDC2636377 Brisk Transfer pending Active 100%
CDC2636378 Brisk Transfer pending Active 100%
CDC2636379 Brisk Transfer pending Active 100%
CDC2636380 Brisk Transfer pending Active 100%
CDC2636381 Brisk Transfer pending Active 100%
CDC2636382 Brisk Transfer pending Active 100%
CDC2636383 Brisk Transfer pending Active 100%
CDC2636384 Brisk Transfer pending Active 100%

ADDITIONAL ASX INFORMATION

Tenement or Claim Number Location Nature Status Interest
CDC2636385 Brisk Transfer pending Active 100%
CDC2636386 Brisk Transfer pending Active 100%
CDC2636387 Brisk Transfer pending Active 100%
CDC2636388 Brisk Transfer pending Active 100%
CDC2636389 Brisk Transfer pending Active 100%
CDC2636390 Brisk Transfer pending Active 100%
CDC2636391 Brisk Transfer pending Active 100%
CDC2636392 Brisk Transfer pending Active 100%
CDC2636393 Brisk Transfer pending Active 100%
CDC2636394 Brisk Transfer pending Active 100%
CDC2636395 Brisk Transfer pending Active 100%
CDC2636396 Brisk Transfer pending Active 100%
CDC2636397 Brisk Transfer pending Active 100%
CDC2636398 Brisk Transfer pending Active 100%
CDC2636399 Brisk Transfer pending Active 100%
CDC2636400 Brisk Transfer pending Active 100%
CDC2636401 Brisk Transfer pending Active 100%
CDC2636402 Brisk Transfer pending Active 100%
CDC2636403 Brisk Transfer pending Active 100%

ADDITIONAL ASX INFORMATION

Tenement or Claim Number Location Nature Status Interest
CDC2636404 Brisk Transfer pending Active 100%
CDC2636405 Brisk Transfer pending Active 100%
CDC2636406 Brisk Transfer pending Active 100%
CDC2636407 Brisk Transfer pending Active 100%
CDC2636408 Brisk Transfer pending Active 100%
CDC2636409 Brisk Transfer pending Active 100%
CDC2636410 Brisk Transfer pending Active 100%
CDC2636411 Brisk Transfer pending Active 100%
CDC2636412 Brisk Transfer pending Active 100%
CDC2636413 Brisk Transfer pending Active 100%
CDC2636414 Brisk Transfer pending Active 100%
CDC2636415 Brisk Transfer pending Active 100%
CDC2636416 Brisk Transfer pending Active 100%
CDC2636417 Brisk Transfer pending Active 100%
CDC2636418 Brisk Transfer pending Active 100%
CDC2636419 Brisk Transfer pending Active 100%
CDC2636420 Brisk Transfer pending Active 100%
CDC2636421 Brisk Transfer pending Active 100%
CDC2636422 Brisk Transfer pending Active 100%

ADDITIONAL ASX INFORMATION

Tenement or Claim Number Location Nature Status Interest
CDC2636423 Brisk Transfer pending Active 100%
CDC2636424 Brisk Transfer pending Active 100%
CDC2636425 Brisk Transfer pending Active 100%
CDC2636426 Brisk Transfer pending Active 100%
CDC2636427 Brisk Transfer pending Active 100%
CDC2636428 Brisk Transfer pending Active 100%
CDC2636429 Brisk Transfer pending Active 100%
CDC2636430 Brisk Transfer pending Active 100%
CDC2636431 Brisk Transfer pending Active 100%
CDC2636432 Brisk Transfer pending Active 100%
CDC2636433 Brisk Transfer pending Active 100%
CDC2636434 Brisk Transfer pending Active 100%
CDC2636435 Brisk Transfer pending Active 100%
CDC2636436 Brisk Transfer pending Active 100%
CDC2636437 Brisk Transfer pending Active 100%
CDC2636438 Brisk Transfer pending Active 100%
CDC2636439 Brisk Transfer pending Active 100%
CDC2636440 Brisk Transfer pending Active 100%
CDC2636441 Brisk Transfer pending Active 100%

ADDITIONAL ASX INFORMATION

Tenement or Claim Number Location Nature Status Interest
CDC2636442 Brisk Transfer pending Active 100%
CDC2636443 Brisk Transfer pending Active 100%
CDC2636444 Brisk Transfer pending Active 100%
CDC2636445 Brisk Transfer pending Active 100%
CDC2636446 Brisk Transfer pending Active 100%
CDC2636447 Brisk Transfer pending Active 100%
CDC2636448 Brisk Transfer pending Active 100%
CDC2636449 Brisk Transfer pending Active 100%
CDC2636450 Brisk Transfer pending Active 100%
CDC2636451 Brisk Transfer pending Active 100%
CDC2636452 Brisk Transfer pending Active 100%
CDC2636453 Brisk Transfer pending Active 100%
CDC2636454 Brisk Transfer pending Active 100%
CDC2636455 Brisk Transfer pending Active 100%
CDC2636456 Brisk Transfer pending Active 100%
CDC2636457 Brisk Transfer pending Active 100%
CDC2636458 Brisk Transfer pending Active 100%
CDC2636459 Brisk Transfer pending Active 100%
CDC2636460 Brisk Transfer pending Active 100%

ADDITIONAL ASX INFORMATION

Tenement or Claim Number Location Nature Status Interest
CDC2636461 Brisk Transfer pending Active 100%
CDC2636462 Brisk Transfer pending Active 100%
CDC2636463 Brisk Transfer pending Active 100%
CDC2636464 Brisk Transfer pending Active 100%
CDC2636465 Brisk Transfer pending Active 100%
CDC2636466 Brisk Transfer pending Active 100%
CDC2636467 Brisk Transfer pending Active 100%
CDC2636468 Brisk Transfer pending Active 100%
CDC2636469 Brisk Transfer pending Active 100%
CDC2636470 Brisk Transfer pending Active 100%
CDC2636471 Brisk Transfer pending Active 100%
CDC2636472 Brisk Transfer pending Active 100%
CDC2636473 Brisk Transfer pending Active 100%
CDC2636474 Brisk Transfer pending Active 100%
CDC2636475 Brisk Transfer pending Active 100%
CDC2636476 Brisk Transfer pending Active 100%
CDC2636477 Brisk Transfer pending Active 100%
CDC2636478 Brisk Transfer pending Active 100%
CDC2636479 Brisk Transfer pending Active 100%

ADDITIONAL ASX INFORMATION

Tenement or Claim Number Location Nature Status Interest
CDC2636480 Brisk Transfer pending Active 100%
CDC2636481 Brisk Transfer pending Active 100%
CDC2636482 Brisk Transfer pending Active 100%
CDC2636483 Brisk Transfer pending Active 100%
CDC2636484 Brisk Transfer pending Active 100%
CDC2636485 Brisk Transfer pending Active 100%
CDC2636486 Brisk Transfer pending Active 100%
CDC2636487 Brisk Transfer pending Active 100%
CDC2636488 Brisk Transfer pending Active 100%
CDC2636489 Brisk Transfer pending Active 100%
CDC2636490 Brisk Transfer pending Active 100%
CDC2636491 Brisk Transfer pending Active 100%
CDC2636492 Brisk Transfer pending Active 100%
CDC2636493 Brisk Transfer pending Active 100%
CDC2636494 Brisk Transfer pending Active 100%
CDC2636495 Brisk Transfer pending Active 100%
CDC2636496 Brisk Transfer pending Active 100%
CDC2636497 Brisk Transfer pending Active 100%
CDC2636498 Brisk Transfer pending Active 100%

ADDITIONAL ASX INFORMATION

Tenement or Claim Number Location Nature Status Interest
CDC2636499 Brisk Transfer pending Active 100%
CDC2636500 Brisk Transfer pending Active 100%
CDC2636501 Brisk Transfer pending Active 100%
CDC2636502 Brisk Transfer pending Active 100%
CDC2636503 Brisk Transfer pending Active 100%
CDC2636504 Brisk Transfer pending Active 100%
CDC2636505 Brisk Transfer pending Active 100%
CDC2636506 Brisk Transfer pending Active 100%
CDC2636507 Brisk Transfer pending Active 100%
CDC2636508 Brisk Transfer pending Active 100%
CDC2636509 Brisk Transfer pending Active 100%
CDC2636510 Brisk Transfer pending Active 100%
CDC2636511 Brisk Transfer pending Active 100%
CDC2636512 Brisk Transfer pending Active 100%
CDC2636513 Brisk Transfer pending Active 100%
CDC2636514 Brisk Transfer pending Active 100%
CDC2636515 Brisk Transfer pending Active 100%
CDC2636516 Brisk Transfer pending Active 100%
CDC2636517 Brisk Transfer pending Active 100%

ADDITIONAL ASX INFORMATION

Tenement or Claim Number Location Nature Status Interest
CDC2636518 Brisk Transfer pending Active 100%
CDC2636519 Brisk Transfer pending Active 100%
CDC2636520 Brisk Transfer pending Active 100%
CDC2636521 Brisk Transfer pending Active 100%
CDC2636522 Brisk Transfer pending Active 100%
CDC2636523 Brisk Transfer pending Active 100%
CDC2636524 Brisk Transfer pending Active 100%
CDC2636525 Brisk Transfer pending Active 100%
CDC2636526 Brisk Transfer pending Active 100%
CDC2636527 Brisk Transfer pending Active 100%
CDC2636528 Brisk Transfer pending Active 100%
CDC2636529 Brisk Transfer pending Active 100%
CDC2636530 Brisk Transfer pending Active 100%
CDC2636531 Brisk Transfer pending Active 100%
CDC2636532 Brisk Transfer pending Active 100%
CDC2636533 Brisk Transfer pending Active 100%
CDC2636534 Brisk Transfer pending Active 100%
CDC2636535 Brisk Transfer pending Active 100%
CDC2636536 Brisk Transfer pending Active 100%

ADDITIONAL ASX INFORMATION

Tenement or Claim Number Location Nature Status Interest
CDC2636537 Brisk Transfer pending Active 100%
CDC2636538 Brisk Transfer pending Active 100%
CDC2636539 Brisk Transfer pending Active 100%
CDC2674064 Trieste Direct Active 100%
CDC2674065 Trieste Direct Active 100%
CDC2674066 Trieste Direct Active 100%
CDC2674067 Trieste Direct Active 100%
CDC2674068 Trieste Direct Active 100%
CDC2674069 Trieste Direct Active 100%
CDC2674070 Trieste Direct Active 100%
CDC2674071 Trieste Direct Active 100%
CDC2674072 Trieste Direct Active 100%
CDC2674073 Trieste Direct Active 100%
CDC2674074 Trieste Direct Active 100%
CDC2674075 Trieste Direct Active 100%
CDC2674076 Trieste Direct Active 100%
CDC2674077 Trieste Direct Active 100%
CDC2674078 Trieste Direct Active 100%
CDC2674079 Trieste Direct Active 100%

ADDITIONAL ASX INFORMATION

Tenement or Claim Number Location Nature Status Interest
CDC2674080 Trieste Direct Active 100%
CDC2674081 Trieste Direct Active 100%
CDC2674082 Trieste Direct Active 100%
CDC2674083 Trieste Direct Active 100%
CDC2674084 Trieste Direct Active 100%
CDC2674085 Trieste Direct Active 100%
CDC2674086 Trieste Direct Active 100%
CDC2674087 Trieste Direct Active 100%
CDC2674088 Trieste Direct Active 100%
CDC2674089 Trieste Direct Active 100%
CDC2674090 Trieste Direct Active 100%
CDC2674091 Trieste Direct Active 100%
CDC2674092 Trieste Direct Active 100%
CDC2674093 Trieste Direct Active 100%
CDC2674094 Trieste Direct Active 100%
CDC2674095 Trieste Direct Active 100%
CDC2674096 Trieste Direct Active 100%
CDC2674097 Trieste Direct Active 100%
CDC2674098 Trieste Direct Active 100%

ADDITIONAL ASX INFORMATION

Tenement or Claim Number Location Nature Status Interest
CDC2674099 Trieste Direct Active 100%
CDC2674100 Trieste Direct Active 100%
CDC2674101 Trieste Direct Active 100%
CDC2674102 Trieste Direct Active 100%
CDC2674103 Trieste Direct Active 100%
CDC2674104 Trieste Direct Active 100%
CDC2674105 Trieste Direct Active 100%
CDC2674106 Trieste Direct Active 100%
CDC2674107 Trieste Direct Active 100%
CDC2674108 Trieste Direct Active 100%
CDC2674109 Trieste Direct Active 100%
CDC2674110 Trieste Direct Active 100%
CDC2674111 Trieste Direct Active 100%
CDC2674112 Trieste Direct Active 100%
CDC2674113 Trieste Direct Active 100%
CDC2674114 Trieste Direct Active 100%
CDC2674115 Trieste Direct Active 100%
CDC2674116 Trieste Direct Active 100%
CDC2674117 Trieste Direct Active 100%

ADDITIONAL ASX INFORMATION

Tenement or Claim Number Location Nature Status Interest
CDC2674118 Trieste Direct Active 100%
CDC2674119 Trieste Direct Active 100%
CDC2674120 Trieste Direct Active 100%
CDC2674121 Trieste Direct Active 100%
CDC2674122 Trieste Direct Active 100%
CDC2674123 Trieste Direct Active 100%
CDC2674124 Trieste Direct Active 100%
CDC2674125 Trieste Direct Active 100%
CDC2674126 Trieste Direct Active 100%
CDC2674127 Trieste Direct Active 100%
CDC2674128 Trieste Direct Active 100%
CDC2674129 Trieste Direct Active 100%
CDC2674130 Trieste Direct Active 100%
CDC2674131 Trieste Direct Active 100%
CDC2674132 Trieste Direct Active 100%
CDC2674133 Trieste Direct Active 100%
CDC2674134 Trieste Direct Active 100%
CDC2674135 Trieste Direct Active 100%
CDC2674136 Trieste Direct Active 100%

ADDITIONAL ASX INFORMATION

Tenement or Claim Number Location Nature Status Interest
CDC2674137 Trieste Direct Active 100%
CDC2674138 Trieste Direct Active 100%
CDC2674139 Trieste Direct Active 100%
CDC2674140 Trieste Direct Active 100%
CDC2674141 Trieste Direct Active 100%
CDC2674142 Trieste Direct Active 100%
CDC2674143 Trieste Direct Active 100%
CDC2674144 Trieste Direct Active 100%
CDC2674145 Trieste Direct Active 100%
CDC2674146 Trieste Direct Active 100%
CDC2674147 Trieste Direct Active 100%
CDC2674148 Trieste Direct Active 100%
CDC2674149 Trieste Direct Active 100%
CDC2674150 Trieste Direct Active 100%
CDC2674151 Trieste Direct Active 100%
CDC2674152 Trieste Direct Active 100%
CDC2675919 Trieste Direct Active 100%
CDC2675920 Trieste Direct Active 100%
CDC2678822 Trieste Direct Active 100%

ADDITIONAL ASX INFORMATION

Tenement or Claim Number Location Nature Status Interest
CDC2678823 Trieste Direct Active 100%
CDC2678824 Trieste Direct Active 100%
CDC2678825 Trieste Direct Active 100%
CDC2678826 Trieste Direct Active 100%
CDC2678827 Trieste Direct Active 100%
CDC2678828 Trieste Direct Active 100%
CDC2678829 Trieste Direct Active 100%
CDC2678830 Trieste Direct Active 100%
CDC2678831 Trieste Direct Active 100%
CDC2678832 Trieste Direct Active 100%
CDC2678833 Trieste Direct Active 100%
CDC2678834 Trieste Direct Active 100%
CDC2678835 Trieste Direct Active 100%
CDC2678836 Trieste Direct Active 100%
CDC2678837 Trieste Direct Active 100%
CDC2678838 Trieste Direct Active 100%
CDC2678839 Trieste Direct Active 100%
CDC2678840 Trieste Direct Active 100%
CDC2678841 Trieste Direct Active 100%

ADDITIONAL ASX INFORMATION

Tenement or Claim Number Location Nature Status Interest
CDC2678842 Trieste Direct Active 100%
CDC2678843 Trieste Direct Active 100%
CDC2678844 Trieste Direct Active 100%
CDC2678845 Trieste Direct Active 100%
CDC2678846 Trieste Direct Active 100%
CDC2678847 Trieste Direct Active 100%
CDC2678848 Trieste Direct Active 100%
CDC2678849 Trieste Direct Active 100%
CDC2678850 Trieste Direct Active 100%
CDC2678851 Trieste Direct Active 100%
CDC2678852 Trieste Direct Active 100%
CDC2678853 Trieste Direct Active 100%
CDC2678854 Trieste Direct Active 100%
CDC2678855 Trieste Direct Active 100%
CDC2678856 Trieste Direct Active 100%
CDC2678857 Trieste Direct Active 100%
CDC2678858 Trieste Direct Active 100%
CDC2678859 Trieste Direct Active 100%
CDC2678860 Trieste Direct Active 100%

ADDITIONAL ASX INFORMATION

Tenement or Claim Number Location Nature Status Interest
CDC2678861 Trieste Direct Active 100%
CDC2678862 Trieste Direct Active 100%
CDC2678863 Trieste Direct Active 100%
CDC2678864 Trieste Direct Active 100%
CDC2678865 Trieste Direct Active 100%
CDC2678866 Trieste Direct Active 100%
CDC2678867 Trieste Direct Active 100%
CDC2678868 Trieste Direct Active 100%
CDC2678869 Trieste Direct Active 100%
CDC2678870 Trieste Direct Active 100%
CDC2678871 Trieste Direct Active 100%
CDC2678872 Trieste Direct Active 100%
CDC2678873 Trieste Direct Active 100%
CDC2678874 Trieste Direct Active 100%
CDC2678875 Trieste Direct Active 100%
CDC2678876 Trieste Direct Active 100%
CDC2678877 Trieste Direct Active 100%
CDC2678878 Trieste Direct Active 100%
CDC2678879 Trieste Direct Active 100%

ADDITIONAL ASX INFORMATION

Tenement or Claim Number Location Nature Status Interest
CDC2678880 Trieste Direct Active 100%
CDC2678881 Trieste Direct Active 100%
CDC2678882 Trieste Direct Active 100%
CDC2678883 Trieste Direct Active 100%
CDC2678884 Trieste Direct Active 100%
CDC2678885 Trieste Direct Active 100%
CDC2678886 Trieste Direct Active 100%
CDC2678887 Trieste Direct Active 100%
CDC2678888 Trieste Direct Active 100%
CDC2678889 Trieste Direct Active 100%
CDC2678890 Trieste Direct Active 100%
CDC2678891 Trieste Direct Active 100%
CDC2678892 Trieste Direct Active 100%
CDC2678893 Trieste Direct Active 100%
CDC2678894 Trieste Direct Active 100%
CDC2678895 Trieste Direct Active 100%
CDC2678896 Trieste Direct Active 100%
CDC2678897 Trieste Direct Active 100%
CDC2678898 Trieste Direct Active 100%

ADDITIONAL ASX INFORMATION

Tenement or Claim Number Location Nature Status Interest
CDC2678899 Trieste Direct Active 100%
CDC2678900 Trieste Direct Active 100%
CDC2678901 Trieste Direct Active 100%
CDC2678902 Trieste Direct Active 100%
CDC2678903 Trieste Direct Active 100%
CDC2678904 Trieste Direct Active 100%
CDC2679820 Trieste Direct Active 100%
CDC2679821 Trieste Direct Active 100%
CDC2679822 Trieste Direct Active 100%
CDC2679823 Trieste Direct Active 100%
CDC2679824 Trieste Direct Active 100%
CDC2679825 Trieste Direct Active 100%
CDC2679826 Trieste Direct Active 100%
CDC2679827 Trieste Direct Active 100%
CDC2679828 Trieste Direct Active 100%
CDC2680527 Trieste Direct Active 100%
CDC2680528 Trieste Direct Active 100%
CDC2680529 Trieste Direct Active 100%
CDC2680530 Trieste Direct Active 100%

ADDITIONAL ASX INFORMATION

Tenement or Claim Number Location Nature Status Interest
CDC2680531 Trieste Direct Active 100%
CDC2680532 Trieste Direct Active 100%
CDC2680533 Trieste Direct Active 100%
CDC2680534 Trieste Direct Active 100%
CDC2680535 Trieste Direct Active 100%
CDC2680536 Trieste Direct Active 100%
CDC2680537 Trieste Direct Active 100%
CDC2680538 Trieste Direct Active 100%
CDC2680539 Trieste Direct Active 100%
CDC2680540 Trieste Direct Active 100%
CDC2680541 Trieste Direct Active 100%
CDC2680542 Trieste Direct Active 100%
CDC2680543 Trieste Direct Active 100%
CDC2680544 Trieste Direct Active 100%
CDC2680545 Trieste Direct Active 100%
CDC2680546 Trieste Direct Active 100%
CDC2680547 Trieste Direct Active 100%
CDC2680548 Trieste Direct Active 100%
CDC2680549 Trieste Direct Active 100%

ADDITIONAL ASX INFORMATION

Tenement or Claim Number Location Nature Status Interest
CDC2680550 Trieste Direct Active 100%
CDC2680551 Trieste Direct Active 100%
CDC2680552 Trieste Direct Active 100%
CDC2680553 Trieste Direct Active 100%
CDC2680554 Trieste Direct Active 100%
CDC2680555 Trieste Direct Active 100%
CDC2680556 Trieste Direct Active 100%
CDC2680557 Trieste Direct Active 100%
CDC2680558 Trieste Direct Active 100%
CDC2680559 Trieste Direct Active 100%
CDC2680560 Trieste Direct Active 100%
CDC2680561 Trieste Direct Active 100%
CDC2680562 Trieste Direct Active 100%
CDC2680563 Trieste Direct Active 100%
CDC2680564 Trieste Direct Active 100%
CDC2680565 Trieste Direct Active 100%
CDC2680566 Trieste Direct Active 100%
CDC2680567 Trieste Direct Active 100%
CDC2680568 Trieste Direct Active 100%

ADDITIONAL ASX INFORMATION

Tenement or Claim Number Location Nature Status Interest
CDC2680569 Trieste Direct Active 100%
CDC2673137 Trieste Transfer submitted Active 100%
CDC2673138 Trieste Transfer submitted Active 100%
CDC2673139 Trieste Transfer submitted Active 100%
CDC2673140 Trieste Transfer submitted Active 100%
CDC2673141 Trieste Transfer submitted Active 100%
CDC2673142 Trieste Transfer submitted Active 100%
CDC2673143 Trieste Transfer submitted Active 100%
CDC2673144 Trieste Transfer submitted Active 100%
CDC2673145 Trieste Transfer submitted Active 100%
CDC2673146 Trieste Transfer submitted Active 100%
CDC2673147 Trieste Transfer submitted Active 100%
CDC2673148 Trieste Transfer submitted Active 100%
CDC2145018 Trieste Indirect Active Option 100%
CDC2145023 Trieste Indirect Active Option 100%
CDC2145019 Trieste Indirect Active Option 100%
CDC2145020 Trieste Indirect Active Option 100%
CDC2145021 Trieste Indirect Active Option 100%
CDC2145017 Trieste Indirect Active Option 100%

ADDITIONAL ASX INFORMATION

Tenement or Claim Number Location Nature Status Interest
CDC2145016 Trieste Indirect Active Option 100%
CDC2145022 Trieste Indirect Active Option 100%
CDC2145015 Trieste Indirect Active Option 100%
CDC2145005 Trieste Indirect Active Option 100%
CDC2144995 Trieste Indirect Active Option 100%
CDC2144996 Trieste Indirect Active Option 100%
CDC2144997 Trieste Indirect Active Option 100%
CDC2144998 Trieste Indirect Active Option 100%
CDC2144999 Trieste Indirect Active Option 100%
CDC2145000 Trieste Indirect Active Option 100%
CDC2145001 Trieste Indirect Active Option 100%
CDC2145002 Trieste Indirect Active Option 100%
CDC2145014 Trieste Indirect Active Option 100%
CDC2145004 Trieste Indirect Active Option 100%
CDC2145013 Trieste Indirect Active Option 100%
CDC2145006 Trieste Indirect Active Option 100%
CDC2145007 Trieste Indirect Active Option 100%
CDC2145008 Trieste Indirect Active Option 100%
CDC2145009 Trieste Indirect Active Option 100%

ADDITIONAL ASX INFORMATION

Tenement or Claim Number Location Nature Status Interest
CDC2145010 Trieste Indirect Active Option 100%
CDC2145011 Trieste Indirect Active Option 100%
CDC2145012 Trieste Indirect Active Option 100%
CDC2145032 Trieste Indirect Active Option 100%
CDC2145003 Trieste Indirect Active Option 100%
CDC2145044 Trieste Indirect Active Option 100%
CDC2145028 Trieste Indirect Active Option 100%
CDC2145050 Trieste Indirect Active Option 100%
CDC2145049 Trieste Indirect Active Option 100%
CDC2145048 Trieste Indirect Active Option 100%
CDC2145047 Trieste Indirect Active Option 100%
CDC2145052 Trieste Indirect Active Option 100%
CDC2145045 Trieste Indirect Active Option 100%
CDC2145060 Trieste Indirect Active Option 100%
CDC2145033 Trieste Indirect Active Option 100%
CDC2145034 Trieste Indirect Active Option 100%
CDC2145035 Trieste Indirect Active Option 100%
CDC2145036 Trieste Indirect Active Option 100%
CDC2145041 Trieste Indirect Active Option 100%

ADDITIONAL ASX INFORMATION

Tenement or Claim Number Location Nature Status Interest
CDC2145042 Trieste Indirect Active Option 100%
CDC2145046 Trieste Indirect Active Option 100%
CDC2144994 Trieste Indirect Active Option 100%
CDC2145025 Trieste Indirect Active Option 100%
CDC2145026 Trieste Indirect Active Option 100%
CDC2145027 Trieste Indirect Active Option 100%
CDC2145029 Trieste Indirect Active Option 100%
CDC2145043 Trieste Indirect Active Option 100%
CDC2145051 Trieste Indirect Active Option 100%
CDC2145066 Trieste Indirect Active Option 100%
CDC2145024 Trieste Indirect Active Option 100%
CDC2145065 Trieste Indirect Active Option 100%
CDC2144984 Trieste Indirect Active Option 100%
CDC2145064 Trieste Indirect Active Option 100%
CDC2145063 Trieste Indirect Active Option 100%
CDC2145062 Trieste Indirect Active Option 100%
CDC2145061 Trieste Indirect Active Option 100%
CDC2145067 Trieste Indirect Active Option 100%
CDC2144982 Trieste Indirect Active Option 100%

ADDITIONAL ASX INFORMATION

Tenement or Claim Number Location Nature Status Interest
CDC2144986 Trieste Indirect Active Option 100%
CDC2144993 Trieste Indirect Active Option 100%
CDC2144976 Trieste Indirect Active Option 100%
CDC2144977 Trieste Indirect Active Option 100%
CDC2144978 Trieste Indirect Active Option 100%
CDC2144979 Trieste Indirect Active Option 100%
CDC2144981 Trieste Indirect Active Option 100%
CDC2144983 Trieste Indirect Active Option 100%
CDC2144985 Trieste Indirect Active Option 100%
CDC2144987 Trieste Indirect Active Option 100%
CDC2144988 Trieste Indirect Active Option 100%
CDC2144989 Trieste Indirect Active Option 100%
CDC2144990 Trieste Indirect Active Option 100%
CDC2144991 Trieste Indirect Active Option 100%
CDC2144980 Trieste Indirect Active Option 100%
CDC2144992 Trieste Indirect Active Option 100%
CDC2054408 Trieste Indirect Active Option 100%
CDC2054431 Trieste Indirect Active Option 100%
CDC2054430 Trieste Indirect Active Option 100%

ADDITIONAL ASX INFORMATION

Tenement or Claim Number Location Nature Status Interest
CDC2054429 Trieste Indirect Active Option 100%
CDC2054428 Trieste Indirect Active Option 100%
CDC2054427 Trieste Indirect Active Option 100%
CDC2054426 Trieste Indirect Active Option 100%
CDC2054425 Trieste Indirect Active Option 100%
CDC2054424 Trieste Indirect Active Option 100%
CDC2054423 Trieste Indirect Active Option 100%
CDC2054422 Trieste Indirect Active Option 100%
CDC2054421 Trieste Indirect Active Option 100%
CDC2054471 Trieste Indirect Active Option 100%
CDC2054409 Trieste Indirect Active Option 100%
CDC2054397 Trieste Indirect Active Option 100%
CDC2054400 Trieste Indirect Active Option 100%
CDC2054401 Trieste Indirect Active Option 100%
CDC2054402 Trieste Indirect Active Option 100%
CDC2054403 Trieste Indirect Active Option 100%
CDC2054399 Trieste Indirect Active Option 100%
CDC2054432 Trieste Indirect Active Option 100%
CDC2054404 Trieste Indirect Active Option 100%

ADDITIONAL ASX INFORMATION

Tenement or Claim Number Location Nature Status Interest
CDC2054405 Trieste Indirect Active Option 100%
CDC2054406 Trieste Indirect Active Option 100%
CDC2054407 Trieste Indirect Active Option 100%
CDC2054492 Trieste Indirect Active Option 100%
CDC2054398 Trieste Indirect Active Option 100%
CDC2054420 Trieste Indirect Active Option 100%
CDC2054510 Trieste Indirect Active Option 100%
CDC2054469 Trieste Indirect Active Option 100%
CDC2054477 Trieste Indirect Active Option 100%
CDC2054478 Trieste Indirect Active Option 100%
CDC2054486 Trieste Indirect Active Option 100%
CDC2054487 Trieste Indirect Active Option 100%
CDC2054488 Trieste Indirect Active Option 100%
CDC2054489 Trieste Indirect Active Option 100%
CDC2054490 Trieste Indirect Active Option 100%
CDC2054491 Trieste Indirect Active Option 100%
CDC2054493 Trieste Indirect Active Option 100%
CDC2054475 Trieste Indirect Active Option 100%
CDC2054509 Trieste Indirect Active Option 100%

ADDITIONAL ASX INFORMATION

Tenement or Claim Number Location Nature Status Interest
CDC2054474 Trieste Indirect Active Option 100%
CDC2054511 Trieste Indirect Active Option 100%
CDC2054512 Trieste Indirect Active Option 100%
CDC2054513 Trieste Indirect Active Option 100%
CDC2054514 Trieste Indirect Active Option 100%
CDC2054515 Trieste Indirect Active Option 100%
CDC2054516 Trieste Indirect Active Option 100%
CDC2054517 Trieste Indirect Active Option 100%
CDC2054518 Trieste Indirect Active Option 100%
CDC2054521 Trieste Indirect Active Option 100%
CDC2054522 Trieste Indirect Active Option 100%
CDC2054523 Trieste Indirect Active Option 100%
CDC2054495 Trieste Indirect Active Option 100%
CDC2054453 Trieste Indirect Active Option 100%
CDC2054441 Trieste Indirect Active Option 100%
CDC2054442 Trieste Indirect Active Option 100%
CDC2054443 Trieste Indirect Active Option 100%
CDC2054444 Trieste Indirect Active Option 100%
CDC2054445 Trieste Indirect Active Option 100%

ADDITIONAL ASX INFORMATION

Tenement or Claim Number Location Nature Status Interest
CDC2054446 Trieste Indirect Active Option 100%
CDC2054447 Trieste Indirect Active Option 100%
CDC2054448 Trieste Indirect Active Option 100%
CDC2054449 Trieste Indirect Active Option 100%
CDC2054450 Trieste Indirect Active Option 100%
CDC2054476 Trieste Indirect Active Option 100%
CDC2054452 Trieste Indirect Active Option 100%
CDC2054440 Trieste Indirect Active Option 100%
CDC2054454 Trieste Indirect Active Option 100%
CDC2054455 Trieste Indirect Active Option 100%
CDC2054463 Trieste Indirect Active Option 100%
CDC2054464 Trieste Indirect Active Option 100%
CDC2054465 Trieste Indirect Active Option 100%
CDC2054466 Trieste Indirect Active Option 100%
CDC2054467 Trieste Indirect Active Option 100%
CDC2054468 Trieste Indirect Active Option 100%
CDC2054470 Trieste Indirect Active Option 100%
CDC2054472 Trieste Indirect Active Option 100%
CDC2054473 Trieste Indirect Active Option 100%

ADDITIONAL ASX INFORMATION

Tenement or Claim Number Location Nature Status Interest
CDC2054451 Trieste Indirect Active Option 100%
CDC2054494 Trieste Indirect Active Option 100%
CDC61866 Trieste Indirect Active Option 100%
CDC61875 Trieste Indirect Active Option 100%
CDC61859 Trieste Indirect Active Option 100%
CDC61862 Trieste Indirect Active Option 100%
CDC61863 Trieste Indirect Active Option 100%
CDC61856 Trieste Indirect Active Option 100%
CDC61865 Trieste Indirect Active Option 100%
CDC61854 Trieste Indirect Active Option 100%
CDC61868 Trieste Indirect Active Option 100%
CDC61869 Trieste Indirect Active Option 100%
CDC61870 Trieste Indirect Active Option 100%
CDC61872 Trieste Indirect Active Option 100%
CDC61873 Trieste Indirect Active Option 100%
CDC61874 Trieste Indirect Active Option 100%
CDC61864 Trieste Indirect Active Option 100%
CDC61847 Trieste Indirect Active Option 100%
CDC61840 Trieste Indirect Active Option 100%

ADDITIONAL ASX INFORMATION

Tenement or Claim Number Location Nature Status Interest
CDC61841 Trieste Indirect Active Option 100%
CDC61842 Trieste Indirect Active Option 100%
CDC61843 Trieste Indirect Active Option 100%
CDC61844 Trieste Indirect Active Option 100%
CDC61858 Trieste Indirect Active Option 100%
CDC61846 Trieste Indirect Active Option 100%
CDC61857 Trieste Indirect Active Option 100%
CDC61848 Trieste Indirect Active Option 100%
CDC61849 Trieste Indirect Active Option 100%
CDC61850 Trieste Indirect Active Option 100%
CDC61851 Trieste Indirect Active Option 100%
CDC61852 Trieste Indirect Active Option 100%
CDC61853 Trieste Indirect Active Option 100%
CDC61845 Trieste Indirect Active Option 100%
CDC61888 Trieste Indirect Active Option 100%
CDC61891 Trieste Indirect Active Option 100%
CDC61876 Trieste Indirect Active Option 100%
CDC61892 Trieste Indirect Active Option 100%
CDC61889 Trieste Indirect Active Option 100%

ADDITIONAL ASX INFORMATION

Tenement or Claim Number Location Nature Status Interest
CDC61887 Trieste Indirect Active Option 100%
CDC61886 Trieste Indirect Active Option 100%
CDC61885 Trieste Indirect Active Option 100%
CDC61884 Trieste Indirect Active Option 100%
CDC61881 Trieste Indirect Active Option 100%
CDC61880 Trieste Indirect Active Option 100%
CDC61879 Trieste Indirect Active Option 100%
CDC61877 Trieste Indirect Active Option 100%
CDC61855 Trieste Indirect Active Option 100%
CDC2085732 Trieste Indirect Active Option 100%
CDC2085740 Trieste Indirect Active Option 100%
CDC2085739 Trieste Indirect Active Option 100%
CDC2085737 Trieste Indirect Active Option 100%
CDC2085736 Trieste Indirect Active Option 100%
CDC2085735 Trieste Indirect Active Option 100%
CDC2085733 Trieste Indirect Active Option 100%
CDC2085741 Trieste Indirect Active Option 100%
CDC2085751 Trieste Indirect Active Option 100%
CDC2085734 Trieste Indirect Active Option 100%

ADDITIONAL ASX INFORMATION

Tenement or Claim Number Location Nature Status Interest
CDC2085742 Trieste Indirect Active Option 100%
CDC2085743 Trieste Indirect Active Option 100%
CDC2085744 Trieste Indirect Active Option 100%
CDC2085746 Trieste Indirect Active Option 100%
CDC2085747 Trieste Indirect Active Option 100%
CDC2085748 Trieste Indirect Active Option 100%
CDC2085750 Trieste Indirect Active Option 100%
CDC2085753 Trieste Indirect Active Option 100%
CDC2085754 Trieste Indirect Active Option 100%
CDC2085755 Trieste Indirect Active Option 100%
CDC2085756 Trieste Indirect Active Option 100%
CDC2085757 Trieste Indirect Active Option 100%
CDC2085749 Trieste Indirect Active Option 100%
SFL 241 Scotty Direct Filed 80%
SFL 242 Scotty Direct Filed 80%
SFL 243 Scotty Direct Filed 80%
SFL 244 Scotty Direct Filed 80%
SFL 245 Scotty Direct Filed 80%
SFL 246 Scotty Direct Filed 80%

ADDITIONAL ASX INFORMATION

Tenement or Claim Number Location Nature Status Interest
SFL 247 Scotty Direct Filed 80%
SFL 248 Scotty Direct Filed 80%
SFL 249 Scotty Direct Filed 80%
SFL 250 Scotty Direct Filed 80%
SFL 251 Scotty Direct Filed 80%
SFL 252 Scotty Direct Filed 80%
SFL 253 Scotty Direct Filed 80%
SFL 254 Scotty Direct Filed 80%
SFL 255 Scotty Direct Filed 80%
SFL 256 Scotty Direct Filed 80%
SFL 257 Scotty Direct Filed 80%
SFL 258 Scotty Direct Filed 80%
SFL 259 Scotty Direct Filed 80%
SFL 260 Scotty Direct Filed 80%
SFL 261 Scotty Direct Filed 80%
SFL 262 Scotty Direct Filed 80%
SFL 263 Scotty Direct Filed 80%
SFL 264 Scotty Direct Filed 80%
SFL 265 Scotty Direct Filed 80%

ADDITIONAL ASX INFORMATION

Tenement or Claim Number Location Nature Status Interest
SFL 266 Scotty Direct Filed 80%
SFL 267 Scotty Direct Filed 80%
SFL 268 Scotty Direct Filed 80%
SFL 269 Scotty Direct Filed 80%
SFL 270 Scotty Direct Filed 80%
SFL 271 Scotty Direct Filed 80%
SFL 272 Scotty Direct Filed 80%
SFL 273 Scotty Direct Filed 80%
SFL 274 Scotty Direct Filed 80%
SFL 275 Scotty Direct Filed 80%
SFL 276 Scotty Direct Filed 80%
SFL 277 Scotty Direct Filed 80%
SFL 278 Scotty Direct Filed 80%
SFL 279 Scotty Direct Filed 80%
SFL 280 Scotty Direct Filed 80%
SFL 281 Scotty Direct Filed 80%
SFL 282 Scotty Direct Filed 80%
SFL 283 Scotty Direct Filed 80%
SFL 284 Scotty Direct Filed 80%

ADDITIONAL ASX INFORMATION

Tenement or Claim Number Location Nature Status Interest
SFL 285 Scotty Direct Filed 80%
SFL 286 Scotty Direct Filed 80%
SFL 287 Scotty Direct Filed 80%
SFL 288 Scotty Direct Filed 80%
SFL 289 Scotty Direct Filed 80%
SFL 290 Scotty Direct Filed 80%
SFL 291 Scotty Direct Filed 80%
SFL 292 Scotty Direct Filed 80%
SFL 293 Scotty Direct Filed 80%
SFL 294 Scotty Direct Filed 80%
SFL 295 Scotty Direct Filed 80%
SFL 296 Scotty Direct Filed 80%
SFL 297 Scotty Direct Filed 80%
SFL 298 Scotty Direct Filed 80%
SFL 299 Scotty Direct Filed 80%
SFL 300 Scotty Direct Filed 80%
SFL 301 Scotty Direct Filed 80%
SFL 302 Scotty Direct Filed 80%
SFL 303 Scotty Direct Filed 80%

ADDITIONAL ASX INFORMATION

Tenement or Claim Number Location Nature Status Interest
SFL 304 Scotty Direct Filed 80%
SFL 305 Scotty Direct Filed 80%
SFL 306 Scotty Direct Filed 80%
SFL 307 Scotty Direct Filed 80%
SFL 308 Scotty Direct Filed 80%
SFL 309 Scotty Direct Filed 80%
SFL 310 Scotty Direct Filed 80%
SFL 311 Scotty Direct Filed 80%
SFL 312 Scotty Direct Filed 80%
SFL 313 Scotty Direct Filed 80%
SFL 314 Scotty Direct Filed 80%
SFL 315 Scotty Direct Filed 80%
SFL 316 Scotty Direct Filed 80%
SFL 317 Scotty Direct Filed 80%
SFL 318 Scotty Direct Filed 80%
SFL 319 Scotty Direct Filed 80%
SFL 320 Scotty Direct Filed 80%
SFL 321 Scotty Direct Filed 80%
SFL 322 Scotty Direct Filed 80%

ADDITIONAL ASX INFORMATION

Tenement or Claim Number Location Nature Status Interest
SFL 323 Scotty Direct Filed 80%
SFL 324 Scotty Direct Filed 80%
SFL 325 Scotty Direct Filed 80%
SFL 326 Scotty Direct Filed 80%
SFL 327 Scotty Direct Filed 80%
SFL 328 Scotty Direct Filed 80%
SFL 329 Scotty Direct Filed 80%
SFL 330 Scotty Direct Filed 80%
SFL 331 Scotty Direct Filed 80%
SFL 332 Scotty Direct Filed 80%
SFL 333 Scotty Direct Filed 80%
SFL 334 Scotty Direct Filed 80%
SFL 335 Scotty Direct Filed 80%
SFL 336 Scotty Direct Filed 80%
SFL 337 Scotty Direct Filed 80%
SFL 338 Scotty Direct Filed 80%
SFL 339 Scotty Direct Filed 80%
SFL 340 Scotty Direct Filed 80%
SFL 341 Scotty Direct Filed 80%

ADDITIONAL ASX INFORMATION

Tenement or Claim Number Location Nature Status Interest
SFL 342 Scotty Direct Filed 80%
SFL 343 Scotty Direct Filed 80%
SFL 344 Scotty Direct Filed 80%
SFL 345 Scotty Direct Filed 80%
SFL 346 Scotty Direct Filed 80%
SFL 347 Scotty Direct Filed 80%
SFL 348 Scotty Direct Filed 80%
SFL 349 Scotty Direct Filed 80%
SFL 350 Scotty Direct Filed 80%
SFL 351 Scotty Direct Filed 80%
SFL 352 Scotty Direct Filed 80%
SFL 353 Scotty Direct Filed 80%
SFL 354 Scotty Direct Filed 80%
SFL 355 Scotty Direct Filed 80%
SFL 356 Scotty Direct Filed 80%
SFL 357 Scotty Direct Filed 80%
SFL 358 Scotty Direct Filed 80%
SFL 359 Scotty Direct Filed 80%
SFL 359 Scotty Direct Filed 80%

ADDITIONAL ASX INFORMATION

Tenement or Claim Number Location Nature Status Interest
SFL 361 Scotty Direct Filed 80%
SFL 362 Scotty Direct Filed 80%
SFL 363 Scotty Direct Filed 80%
SFL 364 Scotty Direct Filed 80%
SFL 365 Scotty Direct Filed 80%
SFL 366 Scotty Direct Filed 80%
SFL 367 Scotty Direct Filed 80%
SFL 368 Scotty Direct Filed 80%
SFL 369 Scotty Direct Filed 80%
SFL 370 Scotty Direct Filed 80%
SFL 371 Scotty Direct Filed 80%
SFL 372 Scotty Direct Filed 80%
SFL 373 Scotty Direct Filed 80%
SFL 374 Scotty Direct Filed 80%
SFL 375 Scotty Direct Filed 80%
SFL 376 Scotty Direct Filed 80%
SFL 377 Scotty Direct Filed 80%
SFL 378 Scotty Direct Filed 80%
SFL 379 Scotty Direct Filed 80%

ADDITIONAL ASX INFORMATION

Tenement or Claim Number Location Nature Status Interest
SFL 380 Scotty Direct Filed 80%
SFL 381 Scotty Direct Filed 80%
SFL 382 Scotty Direct Filed 80%
SFL 383 Scotty Direct Filed 80%
SFL 384 Scotty Direct Filed 80%
SFL 385 Scotty Direct Filed 80%
SFL 386 Scotty Direct Filed 80%
SFL 387 Scotty Direct Filed 80%
SFL 388 Scotty Direct Filed 80%
SFL 389 Scotty Direct Filed 80%
SFL 390 Scotty Direct Filed 80%
SFL 391 Scotty Direct Filed 80%
SFL 392 Scotty Direct Filed 80%
SFL 393 Scotty Direct Filed 80%
SFL 394 Scotty Direct Filed 80%
SFL 395 Scotty Direct Filed 80%
SFL 396 Scotty Direct Filed 80%
SFL 397 Scotty Direct Filed 80%
SFL 398 Scotty Direct Filed 80%

ADDITIONAL ASX INFORMATION

Tenement or Claim Number Location Nature Status Interest
SFL 399 Scotty Direct Filed 80%
SFL 400 Scotty Direct Filed 80%
SFL 401 Scotty Direct Filed 80%
SFL 402 Scotty Direct Filed 80%
SFL 403 Scotty Direct Filed 80%
SFL 404 Scotty Direct Filed 80%
SFL 405 Scotty Direct Filed 80%
SFL 406 Scotty Direct Filed 80%
SFL 407 Scotty Direct Filed 80%
SFL 408 Scotty Direct Filed 80%
SFL 409 Scotty Direct Filed 80%
SFL 410 Scotty Direct Filed 80%
SFL 411 Scotty Direct Filed 80%
SFL 412 Scotty Direct Filed 80%
SFL 413 Scotty Direct Filed 80%
SFL 414 Scotty Direct Filed 80%
SFL 415 Scotty Direct Filed 80%
SFL 416 Scotty Direct Filed 80%
SFL 417 Scotty Direct Filed 80%

ADDITIONAL ASX INFORMATION

Tenement or Claim Number Location Nature Status Interest
SFL 418 Scotty Direct Filed 80%
SFL 419 Scotty Direct Filed 80%
SFL 420 Scotty Direct Filed 80%
SFL 421 Scotty Direct Filed 80%
SFL 422 Scotty Direct Filed 80%
SFL 423 Scotty Direct Filed 80%
SFL 424 Scotty Direct Filed 80%
SFL 425 Scotty Direct Filed 80%
SFL 426 Scotty Direct Filed 80%
SFL 427 Scotty Direct Filed 80%
SFL 428 Scotty Direct Filed 80%
SFL 429 Scotty Direct Filed 80%
SFL 430 Scotty Direct Filed 80%
SFL 433 Scotty Direct Filed 80%
SFL 432 Scotty Direct Filed 80%
SFL 433 Scotty Direct Filed 80%
SFL 434 Scotty Direct Filed 80%
SFL 435 Scotty Direct Filed 80%
SFL 436 Scotty Direct Filed 80%

ADDITIONAL ASX INFORMATION

Tenement or Claim Number Location Nature Status Interest
SFL 437 Scotty Direct Filed 80%
SFL 438 Scotty Direct Filed 80%
SFL 439 Scotty Direct Filed 80%
SFL 440 Scotty Direct Filed 80%
SFL 441 Scotty Direct Filed 80%
SFL 442 Scotty Direct Filed 80%
SFL 443 Scotty Direct Filed 80%
SFL 444 Scotty Direct Filed 80%
SFL 445 Scotty Direct Filed 80%
SFL 446 Scotty Direct Filed 80%
SFL 447 Scotty Direct Filed 80%
SFL 448 Scotty Direct Filed 80%
SFL 449 Scotty Direct Filed 80%
SFL 450 Scotty Direct Filed 80%
SFL 451 Scotty Direct Filed 80%
SFL 452 Scotty Direct Filed 80%
SFL 453 Scotty Direct Filed 80%
SFL 454 Scotty Direct Filed 80%
SFL 455 Scotty Direct Filed 80%

ADDITIONAL ASX INFORMATION

Tenement or Claim Number Location Nature Status Interest
SFL 456 Scotty Direct Filed 80%
SFL 457 Scotty Direct Filed 80%
SFL 458 Scotty Direct Filed 80%
SFL 459 Scotty Direct Filed 80%
SFL 460 Scotty Direct Filed 80%
SFL 461 Scotty Direct Filed 80%
SFL 462 Scotty Direct Filed 80%
SFL 463 Scotty Direct Filed 80%
SFL 464 Scotty Direct Filed 80%
SFL 465 Scotty Direct Filed 80%
SFL 466 Scotty Direct Filed 80%
SFL 467 Scotty Direct Filed 80%
SFL 468 Scotty Direct Filed 80%
SFL 469 Scotty Direct Filed 80%
SFL 470 Scotty Direct Filed 80%
SFL 471 Scotty Direct Filed 80%
SFL 472 Scotty Direct Filed 80%
SFL 473 Scotty Direct Filed 80%
SFL 474 Scotty Direct Filed 80%

ADDITIONAL ASX INFORMATION

Tenement or Claim Number Location Nature Status Interest
SFL 475 Scotty Direct Filed 80%
SFL 476 Scotty Direct Filed 80%
SFL 477 Scotty Direct Filed 80%
SFL 478 Scotty Direct Filed 80%
SFL 479 Scotty Direct Filed 80%
SFL 480 Scotty Direct Filed 80%
SFL 481 Scotty Direct Filed 80%
SFL 482 Scotty Direct Filed 80%
SFL 483 Scotty Direct Filed 80%
SFL 484 Scotty Direct Filed 80%
SFL 485 Scotty Direct Filed 80%
SFL 486 Scotty Direct Filed 80%
SFL 487 Scotty Direct Filed 80%
SFL 488 Scotty Direct Filed 80%
SFL 490 Scotty Direct Filed 80%
SFL 491 Scotty Direct Filed 80%
SFL 492 Scotty Direct Filed 80%
SFL 493 Scotty Direct Filed 80%
SFL 494 Scotty Direct Filed 80%

ADDITIONAL ASX INFORMATION

Tenement or Claim Number Location Nature Status Interest
SFL 495 Scotty Direct Filed 80%
SFL 496 Scotty Direct Filed 80%
SFL 497 Scotty Direct Filed 80%
SFL 498 Scotty Direct Filed 80%
SFL 499 Scotty Direct Filed 80%
SFL 500 Scotty Direct Filed 80%
SFL 501 Scotty Direct Filed 80%
SFL 502 Scotty Direct Filed 80%
SFL 503 Scotty Direct Filed 80%
SFL 504 Scotty Direct Filed 80%
SFL 505 Scotty Direct Filed 80%
SFL 506 Scotty Direct Filed 80%
SFL 507 Scotty Direct Filed 80%
SFL 508 Scotty Direct Filed 80%
SFL 509 Scotty Direct Filed 80%
SFL 510 Scotty Direct Filed 80%
SFL 511 Scotty Direct Filed 80%
SFL 512 Scotty Direct Filed 80%
SFL 513 Scotty Direct Filed 80%

ADDITIONAL ASX INFORMATION

Tenement or Claim Number Location Nature Status Interest
SFL 514 Scotty Direct Filed 80%
SFL 515 Scotty Direct Filed 80%
SFL 516 Scotty Direct Filed 80%
SFL 517 Scotty Direct Filed 80%
SFL 518 Scotty Direct Filed 80%
SFL 519 Scotty Direct Filed 80%
SFL 520 Scotty Direct Filed 80%
SFL 521 Scotty Direct Filed 80%
SFL 522 Scotty Direct Filed 80%
SFL 523 Scotty Direct Filed 80%
SFL 524 Scotty Direct Filed 80%
SFL 525 Scotty Direct Filed 80%
SFL 526 Scotty Direct Filed 80%
SFL 527 Scotty Direct Filed 80%
SFL 528 Scotty Direct Filed 80%
SFL 529 Scotty Direct Filed 80%
SFL 530 Scotty Direct Filed 80%
SFL 531 Scotty Direct Filed 80%
SFL 532 Scotty Direct Filed 80%

ADDITIONAL ASX INFORMATION

Tenement or Claim Number Location Nature Status Interest
SFL 533 Scotty Direct Filed 80%
SFL 534 Scotty Direct Filed 80%
SFL 535 Scotty Direct Filed 80%
SFL 536 Scotty Direct Filed 80%
SFL 537 Scotty Direct Filed 80%
SFL 538 Scotty Direct Filed 80%
SFL 539 Scotty Direct Filed 80%
SFL 540 Scotty Direct Filed 80%
SFL 541 Scotty Direct Filed 80%
SFL 542 Scotty Direct Filed 80%
SFL 543 Scotty Direct Filed 80%
SFL 544 Scotty Direct Filed 80%
SFL 545 Scotty Direct Filed 80%
SFL 546 Scotty Direct Filed 80%
SFL 547 Scotty Direct Filed 80%
SFL 548 Scotty Direct Filed 80%
SFL 549 Scotty Direct Filed 80%
SFL 550 Scotty Direct Filed 80%
SFL 551 Scotty Direct Filed 80%

ADDITIONAL ASX INFORMATION

Tenement or Claim Number Location Nature Status Interest
SFL 552 Scotty Direct Filed 80%
SFL 553 Scotty Direct Filed 80%
SFL 554 Scotty Direct Filed 80%
SFL 555 Scotty Direct Filed 80%
SFL 556 Scotty Direct Filed 80%
SFL 557 Scotty Direct Filed 80%
SFL 558 Scotty Direct Filed 80%
SFL 559 Scotty Direct Filed 80%
SFL 560 Scotty Direct Filed 80%
SFL 561 Scotty Direct Filed 80%
SFL 562 Scotty Direct Filed 80%
SFL 563 Scotty Direct Filed 80%
SFL 564 Scotty Direct Filed 80%
SFL 565 Scotty Direct Filed 80%
SFL 566 Scotty Direct Filed 80%
SFL 567 Scotty Direct Filed 80%
SFL 568 Scotty Direct Filed 80%
SFL 569 Scotty Direct Filed 80%
SFL 570 Scotty Direct Filed 80%

ADDITIONAL ASX INFORMATION

Tenement or Claim Number Location Nature Status Interest
SFL 571 Scotty Direct Filed 80%
SFL 572 Scotty Direct Filed 80%
SFL 573 Scotty Direct Filed 80%
SFL 574 Scotty Direct Filed 80%
SFL 575 Scotty Direct Filed 80%
SFL 576 Scotty Direct Filed 80%
SFL 577 Scotty Direct Filed 80%
SFL 578 Scotty Direct Filed 80%
SFL 579 Scotty Direct Filed 80%
SFL 580 Scotty Direct Filed 80%
SFL 581 Scotty Direct Filed 80%
SFL 582 Scotty Direct Filed 80%
SFL 583 Scotty Direct Filed 80%
SFL 584 Scotty Direct Filed 80%
SFL 585 Scotty Direct Filed 80%
SFL 586 Scotty Direct Filed 80%
SFL 587 Scotty Direct Filed 80%
SFL 588 Scotty Direct Filed 80%
SFL 589 Scotty Direct Filed 80%

ADDITIONAL ASX INFORMATION

Tenement or Claim Number Location Nature Status Interest
SFL 590 Scotty Direct Filed 80%
SFL 591 Scotty Direct Filed 80%
SFL 592 Scotty Direct Filed 80%
SFL 593 Scotty Direct Filed 80%
SFL 594 Scotty Direct Filed 80%
SFL 595 Scotty Direct Filed 80%
SFL 596 Scotty Direct Filed 80%
SFL 597 Scotty Direct Filed 80%
SFL 598 Scotty Direct Filed 80%
SFL 599 Scotty Direct Filed 80%
SFL 600 Scotty Direct Filed 80%
SFL 601 Scotty Direct Filed 80%
SFL 602 Scotty Direct Filed 80%
SFL 603 Scotty Direct Filed 80%
SFL 604 Scotty Direct Filed 80%
SFL 605 Scotty Direct Filed 80%
SFL 606 Scotty Direct Filed 80%
SFL 607 Scotty Direct Filed 80%
SFL 608 Scotty Direct Filed 80%

ADDITIONAL ASX INFORMATION

Tenement or Claim Number Location Nature Status Interest
SFL 609 Scotty Direct Filed 80%
SFL 610 Scotty Direct Filed 80%
SFL 611 Scotty Direct Filed 80%
SFL 612 Scotty Direct Filed 80%
SFL 613 Scotty Direct Filed 80%
SFL 614 Scotty Direct Filed 80%
SFL 615 Scotty Direct Filed 80%
SFL 616 Scotty Direct Filed 80%
SFL 617 Scotty Direct Filed 80%
SFL 618 Scotty Direct Filed 80%
SFL 619 Scotty Direct Filed 80%
SFL 620 Scotty Direct Filed 80%
SFL 623 Scotty Direct Filed 80%
SFL 622 Scotty Direct Filed 80%
SFL 623 Scotty Direct Filed 80%
SFL 624 Scotty Direct Filed 80%
SFL 625 Scotty Direct Filed 80%
SFL 626 Scotty Direct Filed 80%
SFL 627 Scotty Direct Filed 80%

ADDITIONAL ASX INFORMATION

Tenement or Claim Number Location Nature Status Interest
SFL 628 Scotty Direct Filed 80%
SFL 629 Scotty Direct Filed 80%
SFL 630 Scotty Direct Filed 80%
SFL 631 Scotty Direct Filed 80%
SFL 632 Scotty Direct Filed 80%
SFL 633 Scotty Direct Filed 80%
SFL 634 Scotty Direct Filed 80%
SFL 635 Scotty Direct Filed 80%
SFL 636 Scotty Direct Filed 80%
SFL 637 Scotty Direct Filed 80%
SFL 638 Scotty Direct Filed 80%
SFL 639 Scotty Direct Filed 80%
SFL 640 Scotty Direct Filed 80%
SFL 641 Scotty Direct Filed 80%
SFL 642 Scotty Direct Filed 80%
SFL 643 Scotty Direct Filed 80%
SFL 644 Scotty Direct Filed 80%
SFL 645 Scotty Direct Filed 80%
SFL 646 Scotty Direct Filed 80%

ADDITIONAL ASX INFORMATION

Tenement or Claim Number Location Nature Status Interest
SFL 647 Scotty Direct Filed 80%
SFL 648 Scotty Direct Filed 80%
SFL 649 Scotty Direct Filed 80%
SFL 650 Scotty Direct Filed 80%
SFL 651 Scotty Direct Filed 80%
SFL 652 Scotty Direct Filed 80%
SFL 653 Scotty Direct Filed 80%
SFL 654 Scotty Direct Filed 80%
SFL 655 Scotty Direct Filed 80%
SFL 656 Scotty Direct Filed 80%
SFL 657 Scotty Direct Filed 80%
SFL 658 Scotty Direct Filed 80%
SFL 663 Scotty Direct Filed 80%
SFL 664 Scotty Direct Filed 80%
SFL 665 Scotty Direct Filed 80%
SFL 666 Scotty Direct Filed 80%
SFL 671 Scotty Direct Filed 80%
SFL 672 Scotty Direct Filed 80%
SFL 673 Scotty Direct Filed 80%

ADDITIONAL ASX INFORMATION

Tenement or Claim Number Location Nature Status Interest
SFL 674 Scotty Direct Filed 80%
SFL 675 Scotty Direct Filed 80%
SFL 676 Scotty Direct Filed 80%
SFL 677 Scotty Direct Filed 80%
SFL 678 Scotty Direct Filed 80%
SFL 679 Scotty Direct Filed 80%
SFL 680 Scotty Direct Filed 80%
SFL 681 Scotty Direct Filed 80%
SFL 682 Scotty Direct Filed 80%
SFL 683 Scotty Direct Filed 80%
SFL 684 Scotty Direct Filed 80%
SFL 685 Scotty Direct Filed 80%
SFL 686 Scotty Direct Filed 80%
SFL 687 Scotty Direct Filed 80%
SFL 688 Scotty Direct Filed 80%
SFL 689 Scotty Direct Filed 80%
SFL 690 Scotty Direct Filed 80%
SFL 691 Scotty Direct Filed 80%
SFL 692 Scotty Direct Filed 80%

ADDITIONAL ASX INFORMATION

Tenement or Claim Number Location Nature Status Interest
SFL 693 Scotty Direct Filed 80%
SFL 694 Scotty Direct Filed 80%
SFL 695 Scotty Direct Filed 80%
SFL 696 Scotty Direct Filed 80%
SFL 697 Scotty Direct Filed 80%
SFL 698 Scotty Direct Filed 80%
SFL 699 Scotty Direct Filed 80%
SFL 700 Scotty Direct Filed 80%
SFL 701 Scotty Direct Filed 80%
SFL 726 Scotty Direct Filed 80%
SFL 727 Scotty Direct Filed 80%
SFL 728 Scotty Direct Filed 80%
SFL 729 Scotty Direct Filed 80%
SFL 750 Scotty Direct Filed 80%
SFL 751 Scotty Direct Filed 80%
SFL 752 Scotty Direct Filed 80%
SFL 753 Scotty Direct Filed 80%
SFL 794 Scotty Direct Filed 80%
SFL 795 Scotty Direct Filed 80%

ADDITIONAL ASX INFORMATION

Tenement or Claim Number Location Nature Status Interest
SFL 796 Scotty Direct Filed 80%
SFL 797 Scotty Direct Filed 80%
SFL 798 Scotty Direct Filed 80%
SFL 799 Scotty Direct Filed 80%
SFL 812 Scotty Direct Filed 80%
SFL 813 Scotty Direct Filed 80%
SFL 814 Scotty Direct Filed 80%
SFL 815 Scotty Direct Filed 80%
SFL 816 Scotty Direct Filed 80%
SFL 817 Scotty Direct Filed 80%
SFL 830 Scotty Direct Filed 80%
SFL 831 Scotty Direct Filed 80%
SFL 832 Scotty Direct Filed 80%
SFL 833 Scotty Direct Filed 80%
SFL 834 Scotty Direct Filed 80%
SFL 835 Scotty Direct Filed 80%
SFL 848 Scotty Direct Filed 80%
SFL 849 Scotty Direct Filed 80%
SFL 850 Scotty Direct Filed 80%

ADDITIONAL ASX INFORMATION

Tenement or Claim Number Location Nature Status Interest
SFL 851 Scotty Direct Filed 80%
SFL 852 Scotty Direct Filed 80%
SFL 853 Scotty Direct Filed 80%
SFL 854 Scotty Direct Filed 80%
SFL 855 Scotty Direct Filed 80%
SFL 856 Scotty Direct Filed 80%
SFL 857 Scotty Direct Filed 80%
SFL 858 Scotty Direct Filed 80%
SFL 859 Scotty Direct Filed 80%
SFL 860 Scotty Direct Filed 80%
SFL 861 Scotty Direct Filed 80%
SFL 862 Scotty Direct Filed 80%
SFL 863 Scotty Direct Filed 80%
SFL 876 Scotty Direct Filed 80%
SFL 877 Scotty Direct Filed 80%
SFL 878 Scotty Direct Filed 80%
SFL 879 Scotty Direct Filed 80%
SFL 880 Scotty Direct Filed 80%
SFL 881 Scotty Direct Filed 80%

ADDITIONAL ASX INFORMATION

Tenement or Claim Number Location Nature Status Interest
SFL 882 Scotty Direct Filed 80%
SFL 883 Scotty Direct Filed 80%
SFL 884 Scotty Direct Filed 80%
SFL 885 Scotty Direct Filed 80%
SFL 886 Scotty Direct Filed 80%
SFL 887 Scotty Direct Filed 80%
SFL 888 Scotty Direct Filed 80%
SFL 889 Scotty Direct Filed 80%
SFL 890 Scotty Direct Filed 80%
SFL 893 Scotty Direct Filed 80%
SFL 892 Scotty Direct Filed 80%
SFL 893 Scotty Direct Filed 80%
SFL 906 Scotty Direct Filed 80%
SFL 907 Scotty Direct Filed 80%
SFL 908 Scotty Direct Filed 80%
SFL 909 Scotty Direct Filed 80%
SFL 910 Scotty Direct Filed 80%
SFL 911 Scotty Direct Filed 80%
SFL 912 Scotty Direct Filed 80%

ADDITIONAL ASX INFORMATION

Tenement or Claim Number Location Nature Status Interest
SFL 913 Scotty Direct Filed 80%
SFL 914 Scotty Direct Filed 80%
SFL 915 Scotty Direct Filed 80%
SFL 916 Scotty Direct Filed 80%
SFL 917 Scotty Direct Filed 80%
SFL 918 Scotty Direct Filed 80%
SFL 919 Scotty Direct Filed 80%
SFL 920 Scotty Direct Filed 80%
SFL 921 Scotty Direct Filed 80%
SFL 922 Scotty Direct Filed 80%
SFL 923 Scotty Direct Filed 80%
SFL 924 Scotty Direct Filed 80%
SFL 925 Scotty Direct Filed 80%
SFL 926 Scotty Direct Filed 80%
SFL 927 Scotty Direct Filed 80%
SFL 928 Scotty Direct Filed 80%
SFL 929 Scotty Direct Filed 80%
SFL 930 Scotty Direct Filed 80%
SFL 931 Scotty Direct Filed 80%

ADDITIONAL ASX INFORMATION

Tenement or Claim Number Location Nature Status Interest
SFL 932 Scotty Direct Filed 80%
SFL 933 Scotty Direct Filed 80%
SFL 934 Scotty Direct Filed 80%
SFL 935 Scotty Direct Filed 80%
SFL 936 Scotty Direct Filed 80%
SFL 937 Scotty Direct Filed 80%
SFL 938 Scotty Direct Filed 80%
SFL 939 Scotty Direct Filed 80%
SFL 940 Scotty Direct Filed 80%
SFL 941 Scotty Direct Filed 80%
SFL 954 Scotty Direct Filed 80%
SFL 955 Scotty Direct Filed 80%
SFL 956 Scotty Direct Filed 80%
SFL 957 Scotty Direct Filed 80%
SFL 958 Scotty Direct Filed 80%
SFL 959 Scotty Direct Filed 80%
SFL 960 Scotty Direct Filed 80%
SFL 963 Scotty Direct Filed 80%
SFL 962 Scotty Direct Filed 80%

ADDITIONAL ASX INFORMATION

Tenement or Claim Number Location Nature Status Interest
SFL 963 Scotty Direct Filed 80%
SFL 964 Scotty Direct Filed 80%
SFL 965 Scotty Direct Filed 80%
SFL 966 Scotty Direct Filed 80%
SFL 967 Scotty Direct Filed 80%
SFL 968 Scotty Direct Filed 80%
SFL 969 Scotty Direct Filed 80%
SFL 970 Scotty Direct Filed 80%
SFL 971 Scotty Direct Filed 80%
SFL 972 Scotty Direct Filed 80%
SFL 973 Scotty Direct Filed 80%
SFL 974 Scotty Direct Filed 80%
SFL 975 Scotty Direct Filed 80%
SFL 976 Scotty Direct Filed 80%
SFL 977 Scotty Direct Filed 80%
SFL 978 Scotty Direct Filed 80%
SFL 979 Scotty Direct Filed 80%
SFL 980 Scotty Direct Filed 80%
SFL 981 Scotty Direct Filed 80%

ADDITIONAL ASX INFORMATION

Tenement or Claim Number Location Nature Status Interest
SFL 994 Scotty Direct Filed 80%
SFL 995 Scotty Direct Filed 80%
SFL 996 Scotty Direct Filed 80%
SFL 997 Scotty Direct Filed 80%
SFL 998 Scotty Direct Filed 80%
SFL 999 Scotty Direct Filed 80%
SFL 1000 Scotty Direct Filed 80%
SFL 1001 Scotty Direct Filed 80%
SFL 1002 Scotty Direct Filed 80%
SFL 1003 Scotty Direct Filed 80%
SFL 1003 Scotty Direct Filed 80%
SFL 1005 Scotty Direct Filed 80%
SFL 1006 Scotty Direct Filed 80%
SFL 1007 Scotty Direct Filed 80%
SFL 1008 Scotty Direct Filed 80%
SFL 1009 Scotty Direct Filed 80%
SFL 1010 Scotty Direct Filed 80%
SFL 1011 Scotty Direct Filed 80%
SFL 1012 Scotty Direct Filed 80%

ADDITIONAL ASX INFORMATION

Tenement or Claim Number Location Nature Status Interest
SFL 1013 Scotty Direct Filed 80%
SFL 1014 Scotty Direct Filed 80%
SFL 1015 Scotty Direct Filed 80%
SFL 1016 Scotty Direct Filed 80%
SFL 1017 Scotty Direct Filed 80%
SFL 1018 Scotty Direct Filed 80%
SFL 1019 Scotty Direct Filed 80%
SFL 1020 Scotty Direct Filed 80%
SFL 1021 Scotty Direct Filed 80%
SFL 1034 Scotty Direct Filed 80%
SFL 1035 Scotty Direct Filed 80%
SFL 1036 Scotty Direct Filed 80%
SFL 1037 Scotty Direct Filed 80%
SFL 1038 Scotty Direct Filed 80%
SFL 1039 Scotty Direct Filed 80%
SFL 1040 Scotty Direct Filed 80%
SFL 1041 Scotty Direct Filed 80%
SFL 1042 Scotty Direct Filed 80%
SFL 1043 Scotty Direct Filed 80%

ADDITIONAL ASX INFORMATION

Tenement or Claim Number Location Nature Status Interest
SFL 1044 Scotty Direct Filed 80%
SFL 1045 Scotty Direct Filed 80%
SFL 1046 Scotty Direct Filed 80%
SFL 1047 Scotty Direct Filed 80%
SFL 1048 Scotty Direct Filed 80%
SFL 1049 Scotty Direct Filed 80%
SFL 1050 Scotty Direct Filed 80%
SFL 1051 Scotty Direct Filed 80%
SFL 1052 Scotty Direct Filed 80%
SFL 1053 Scotty Direct Filed 80%
SFL 1054 Scotty Direct Filed 80%
SFL 1055 Scotty Direct Filed 80%
SFL 1056 Scotty Direct Filed 80%
SFL 1057 Scotty Direct Filed 80%
SFL 1070 Scotty Direct Filed 80%
SFL 1071 Scotty Direct Filed 80%
SFL 1072 Scotty Direct Filed 80%
SFL 1073 Scotty Direct Filed 80%
SFL 1074 Scotty Direct Filed 80%

ADDITIONAL ASX INFORMATION

Tenement or Claim Number Location Nature Status Interest
SFL 1075 Scotty Direct Filed 80%
SFL 1076 Scotty Direct Filed 80%
SFL 1077 Scotty Direct Filed 80%
SFL 1078 Scotty Direct Filed 80%
SFL 1079 Scotty Direct Filed 80%
SFL 1080 Scotty Direct Filed 80%
SFL 1081 Scotty Direct Filed 80%
SFL 1082 Scotty Direct Filed 80%
SFL 1083 Scotty Direct Filed 80%
SFL 1084 Scotty Direct Filed 80%
SFL 1085 Scotty Direct Filed 80%
SFL 1086 Scotty Direct Filed 80%
SFL 1087 Scotty Direct Filed 80%
SFL 1088 Scotty Direct Filed 80%
SFL 1089 Scotty Direct Filed 80%
SFL 1090 Scotty Direct Filed 80%
SFL 1091 Scotty Direct Filed 80%
SFL 1092 Scotty Direct Filed 80%
SFL 1093 Scotty Direct Filed 80%

ADDITIONAL ASX INFORMATION

Tenement or Claim Number Location Nature Status Interest
SFL 1106 Scotty Direct Filed 80%
SFL 1107 Scotty Direct Filed 80%
SFL 1108 Scotty Direct Filed 80%
SFL 1109 Scotty Direct Filed 80%
SFL 1110 Scotty Direct Filed 80%
SFL 1111 Scotty Direct Filed 80%
SFL 1112 Scotty Direct Filed 80%
SFL 1113 Scotty Direct Filed 80%
SFL 1114 Scotty Direct Filed 80%
SFL 1115 Scotty Direct Filed 80%
SFL 1116 Scotty Direct Filed 80%
SFL 1117 Scotty Direct Filed 80%
SFL 1118 Scotty Direct Filed 80%
SFL 1119 Scotty Direct Filed 80%
SFL 1120 Scotty Direct Filed 80%
SFL 1121 Scotty Direct Filed 80%
SFL 1122 Scotty Direct Filed 80%
SFL 1123 Scotty Direct Filed 80%
SFL 1124 Scotty Direct Filed 80%

ADDITIONAL ASX INFORMATION

Tenement or Claim Number Location Nature Status Interest
SFL 1125 Scotty Direct Filed 80%
SFL 1126 Scotty Direct Filed 80%
SFL 1127 Scotty Direct Filed 80%
SFL 1128 Scotty Direct Filed 80%
SFL 1129 Scotty Direct Filed 80%
SFL 1142 Scotty Direct Filed 80%
SFL 1143 Scotty Direct Filed 80%
SFL 1144 Scotty Direct Filed 80%
SFL 1145 Scotty Direct Filed 80%
SFL 1146 Scotty Direct Filed 80%
SFL 1147 Scotty Direct Filed 80%
SFL 1148 Scotty Direct Filed 80%
SFL 1149 Scotty Direct Filed 80%
SFL 1150 Scotty Direct Filed 80%
SFL 1151 Scotty Direct Filed 80%
SFL 1152 Scotty Direct Filed 80%
SFL 1153 Scotty Direct Filed 80%
SFL 1154 Scotty Direct Filed 80%
SFL 1155 Scotty Direct Filed 80%

ADDITIONAL ASX INFORMATION

Tenement or Claim Number Location Nature Status Interest
SFL 1156 Scotty Direct Filed 80%
SFL 1157 Scotty Direct Filed 80%
SFL 1158 Scotty Direct Filed 80%
SFL 1159 Scotty Direct Filed 80%
SFL 1160 Scotty Direct Filed 80%
SFL 1161 Scotty Direct Filed 80%
SFL 1162 Scotty Direct Filed 80%
SFL 1163 Scotty Direct Filed 80%
SFL 1164 Scotty Direct Filed 80%
SFL 1165 Scotty Direct Filed 80%
M15/1876 Gibraltar
South
Direct Application 80%
P15/6074 Gibraltar
South
Direct Granted 80%
P15/6075 Gibraltar
South
Direct Granted 80%
P15/6076 Gibraltar
South
Direct Granted 80%
P15/6077 Gibraltar
South
Direct Granted 80%

ADDITIONAL ASX INFORMATION

Tenement or Claim Number Location Nature Status Interest
P15/6078 Gibraltar
South
Direct Granted 80%
P15/6114 Gibraltar
South
Direct Granted 80%
P15/6115 Gibraltar
South
Direct Granted 80%
P26/4112 Monger
North
Direct Granted 80%
P26/4139 Monger
North
Direct Granted 80%
P26/4141 Monger
North
Direct Granted 80%
P26/4143 Monger
North
Direct Granted 80%
P26/4275 Monger
North
Direct Granted 80%
P26/4507 Monger
North
Direct Granted 80%
P26/4089 Monger
North
Direct Granted 80%
P26/4103 Monger
North
Direct Granted 80%

ADDITIONAL ASX INFORMATION

Tenement or Claim Number Location Nature Status Interest
P26/4292 Monger
North
Direct Granted 80%
P26/4101 Monger
North
Direct Granted 80%
P26/4102 Monger
North
Direct Granted 80%
P26/4115 Monger
North
Direct Granted 80%
P26/4142 Monger
North
Direct Granted 80%
P26/4114 Monger
North
Direct Granted 80%
P26/4276 Monger
North
Direct Granted 80%
P26/4104 Monger
North
Direct Granted 80%
P25/2348 Monger
South
Direct Granted 80%
P25/2349 Monger
South
Direct Granted 80%
P25/2493 Monger
South
Direct Granted 80%

ADDITIONAL ASX INFORMATION

Tenement or Claim Number Location Nature Status Interest
P26/4086 Monger
South
Direct Granted 80%
P26/4106 Monger
South
Direct Granted 80%
P26/4107 Monger
South
Direct Granted 80%
P26/4108 Monger
South
Direct Granted 80%
P26/4109 Monger
South
Direct Granted 80%
P26/4110 Monger
South
Direct Granted 80%
P26/4111 Monger
South
Direct Granted 80%
P26/4113 Monger
South
Direct Granted 80%
P26/4310 Monger
South
Direct Granted 80%
P26/4409 Monger
South
Direct Granted 80%
Nevlith 1 Scotty Direct Staked 80%
Nevlith 2 Scotty Direct Staked 80%

ADDITIONAL ASX INFORMATION

Tenement or Claim Number Location Nature Status Interest
Nevlith 3 Scotty Direct Staked 80%
Nevlith 4 Scotty Direct Staked 80%
Nevlith 5 Scotty Direct Staked 80%
Nevlith 6 Scotty Direct Staked 80%
Nevlith 7 Scotty Direct Staked 80%
Nevlith 8 Scotty Direct Staked 80%
Nevlith 9 Scotty Direct Staked 80%
Nevlith 10 Scotty Direct Staked 80%
Nevlith 11 Scotty Direct Staked 80%
Nevlith 12 Scotty Direct Staked 80%
Nevlith 13 Scotty Direct Staked 80%
Nevlith 14 Scotty Direct Staked 80%
Nevlith 15 Scotty Direct Staked 80%
Nevlith 16 Scotty Direct Staked 80%
Nevlith 17 Scotty Direct Staked 80%
Nevlith 18 Scotty Direct Staked 80%
Nevlith 19 Scotty Direct Staked 80%
Nevlith 20 Scotty Direct Staked 80%
Nevlith 21 Scotty Direct Staked 80%

ADDITIONAL ASX INFORMATION

Tenement or Claim Number Location Nature Status Interest
Nevlith 22 Scotty Direct Staked 80%
Nevlith 23 Scotty Direct Staked 80%
Nevlith 24 Scotty Direct Staked 80%
Nevlith 25 Scotty Direct Staked 80%
Nevlith 26 Scotty Direct Staked 80%
Nevlith 27 Scotty Direct Staked 80%
Nevlith 28 Scotty Direct Staked 80%
Nevlith 29 Scotty Direct Staked 80%
Nevlith 30 Scotty Direct Staked 80%
Nevlith 31 Scotty Direct Staked 80%
Nevlith 32 Scotty Direct Staked 80%
Nevlith 33 Scotty Direct Staked 80%
Nevlith 34 Scotty Direct Staked 80%
Nevlith 35 Scotty Direct Staked 80%
Nevlith 36 Scotty Direct Staked 80%
Nevlith 37 Scotty Direct Staked 80%
Nevlith 38 Scotty Direct Staked 80%
Nevlith 39 Scotty Direct Staked 80%
Nevlith 40 Scotty Direct Staked 80%

ADDITIONAL ASX INFORMATION

Tenement or Claim Number Location Nature Status Interest
Nevlith 41 Scotty Direct Staked 80%
Nevlith 42 Scotty Direct Staked 80%
Nevlith 43 Scotty Direct Staked 80%
Nevlith 44 Scotty Direct Staked 80%
Nevlith 45 Scotty Direct Staked 80%
Nevlith 46 Scotty Direct Staked 80%
Nevlith 47 Scotty Direct Staked 80%
Nevlith 48 Scotty Direct Staked 80%
Nevlith 49 Scotty Direct Staked 80%
Nevlith 50 Scotty Direct Staked 80%
Nevlith 51 Scotty Direct Staked 80%
Nevlith 52 Scotty Direct Staked 80%
Nevlith 53 Scotty Direct Staked 80%
Nevlith 54 Scotty Direct Staked 80%
Nevlith 55 Scotty Direct Staked 80%
Nevlith 56 Scotty Direct Staked 80%
Nevlith 57 Scotty Direct Staked 80%
Nevlith 58 Scotty Direct Staked 80%
Nevlith 59 Scotty Direct Staked 80%

ADDITIONAL ASX INFORMATION

Tenement or Claim Number Location Nature Status Interest
Nevlith 60 Scotty Direct Staked 80%
Nevlith 61 Scotty Direct Staked 80%
Nevlith 62 Scotty Direct Staked 80%
Nevlith 63 Scotty Direct Staked 80%
Nevlith 64 Scotty Direct Staked 80%
Nevlith 65 Scotty Direct Staked 80%
Nevlith 66 Scotty Direct Staked 80%
Nevlith 67 Scotty Direct Staked 80%
Nevlith 68 Scotty Direct Staked 80%
Nevlith 69 Scotty Direct Staked 80%
Nevlith 70 Scotty Direct Staked 80%
Nevlith 71 Scotty Direct Staked 80%
Nevlith 72 Scotty Direct Staked 80%
Nevlith 73 Scotty Direct Staked 80%
Nevlith 74 Scotty Direct Staked 80%
Nevlith 75 Scotty Direct Staked 80%
Nevlith 76 Scotty Direct Staked 80%
Nevlith 77 Scotty Direct Staked 80%
Nevlith 78 Scotty Direct Staked 80%

ADDITIONAL ASX INFORMATION

Tenement or Claim Number Location Nature Status Interest
Nevlith 79 Scotty Direct Staked 80%
Nevlith 80 Scotty Direct Staked 80%
Nevlith 81 Scotty Direct Staked 80%
Nevlith 82 Scotty Direct Staked 80%
Nevlith 83 Scotty Direct Staked 80%
Nevlith 84 Scotty Direct Staked 80%
Nevlith 85 Scotty Direct Staked 80%
Nevlith 86 Scotty Direct Staked 80%
Nevlith 87 Scotty Direct Staked 80%
Nevlith 88 Scotty Direct Staked 80%
Nevlith 89 Scotty Direct Staked 80%
Nevlith 90 Scotty Direct Staked 80%
Nevlith 91 Scotty Direct Staked 80%
Nevlith 92 Scotty Direct Staked 80%
Nevlith 93 Scotty Direct Staked 80%
Nevlith 94 Scotty Direct Staked 80%
Nevlith 95 Scotty Direct Staked 80%
Nevlith 96 Scotty Direct Staked 80%
Nevlith 97 Scotty Direct Staked 80%

ADDITIONAL ASX INFORMATION

Tenement or Claim Number Location Nature Status Interest
Nevlith 98 Scotty Direct Staked 80%
Nevlith 99 Scotty Direct Staked 80%
Nevlith 100 Scotty Direct Staked 80%
Nevlith 101 Scotty Direct Staked 80%
Nevlith 102 Scotty Direct Staked 80%
Nevlith 103 Scotty Direct Staked 80%
Nevlith 104 Scotty Direct Staked 80%
Nevlith 105 Scotty Direct Staked 80%
Nevlith 106 Scotty Direct Staked 80%
Nevlith 107 Scotty Direct Staked 80%
Nevlith 108 Scotty Direct Staked 80%
Nevlith 109 Scotty Direct Staked 80%
Nevlith 110 Scotty Direct Staked 80%
Nevlith 111 Scotty Direct Staked 80%
Nevlith 112 Scotty Direct Staked 80%
Nevlith 113 Scotty Direct Staked 80%
Nevlith 114 Scotty Direct Staked 80%
Nevlith 115 Scotty Direct Staked 80%
Nevlith 116 Scotty Direct Staked 80%

ADDITIONAL ASX INFORMATION

Tenement or Claim Number Location Nature Status Interest
Nevlith 117 Scotty Direct Staked 80%
Nevlith 118 Scotty Direct Staked 80%
Nevlith 119 Scotty Direct Staked 80%
Nevlith 120 Scotty Direct Staked 80%
Nevlith 121 Scotty Direct Staked 80%
Nevlith 122 Scotty Direct Staked 80%
Nevlith 123 Scotty Direct Staked 80%
Nevlith 124 Scotty Direct Staked 80%
Nevlith 125 Scotty Direct Staked 80%
Nevlith 126 Scotty Direct Staked 80%
Nevlith 127 Scotty Direct Staked 80%
Nevlith 128 Scotty Direct Staked 80%
Nevlith 129 Scotty Direct Staked 80%
Nevlith 130 Scotty Direct Staked 80%
Nevlith 131 Scotty Direct Staked 80%
Nevlith 132 Scotty Direct Staked 80%
Nevlith 133 Scotty Direct Staked 80%
Nevlith 134 Scotty Direct Staked 80%
Nevlith 135 Scotty Direct Staked 80%

ADDITIONAL ASX INFORMATION

Tenement or Claim Number Location Nature Status Interest
Nevlith 136 Scotty Direct Staked 80%
Nevlith 137 Scotty Direct Staked 80%
Nevlith 138 Scotty Direct Staked 80%
Nevlith 139 Scotty Direct Staked 80%
Nevlith 140 Scotty Direct Staked 80%
Nevlith 141 Scotty Direct Staked 80%
Nevlith 142 Scotty Direct Staked 80%
Nevlith 143 Scotty Direct Staked 80%
Nevlith 144 Scotty Direct Staked 80%
Nevlith 145 Scotty Direct Staked 80%
Nevlith 146 Scotty Direct Staked 80%
Nevlith 147 Scotty Direct Staked 80%
Nevlith 148 Scotty Direct Staked 80%
Nevlith 149 Scotty Direct Staked 80%
Nevlith 150 Scotty Direct Staked 80%
Nevlith 151 Scotty Direct Staked 80%
Nevlith 152 Scotty Direct Staked 80%
Nevlith 153 Scotty Direct Staked 80%
Nevlith 154 Scotty Direct Staked 80%

ADDITIONAL ASX INFORMATION

Tenement or Claim Number Location Nature Status Interest
Nevlith 155 Scotty Direct Staked 80%
Nevlith 156 Scotty Direct Staked 80%
Nevlith 157 Scotty Direct Staked 80%
Nevlith 158 Scotty Direct Staked 80%
Nevlith 159 Scotty Direct Staked 80%
Nevlith 160 Scotty Direct Staked 80%
Nevlith 161 Scotty Direct Staked 80%
Nevlith 162 Scotty Direct Staked 80%
Nevlith 163 Scotty Direct Staked 80%
Nevlith 164 Scotty Direct Staked 80%
Nevlith 165 Scotty Direct Staked 80%
Nevlith 166 Scotty Direct Staked 80%
Nevlith 167 Scotty Direct Staked 80%
Nevlith 168 Scotty Direct Staked 80%
Nevlith 169 Scotty Direct Staked 80%
Nevlith 170 Scotty Direct Staked 80%
Nevlith 171 Scotty Direct Staked 80%
Nevlith 172 Scotty Direct Staked 80%
Nevlith 173 Scotty Direct Staked 80%

ADDITIONAL ASX INFORMATION

Tenement or Claim Number Location Nature Status Interest
Nevlith 174 Scotty Direct Staked 80%
Nevlith 175 Scotty Direct Staked 80%
Nevlith 176 Scotty Direct Staked 80%
Nevlith 177 Scotty Direct Staked 80%
Nevlith 178 Scotty Direct Staked 80%
Nevlith 179 Scotty Direct Staked 80%
Nevlith 180 Scotty Direct Staked 80%
Nevlith 181 Scotty Direct Staked 80%
Nevlith 182 Scotty Direct Staked 80%
Nevlith 183 Scotty Direct Staked 80%
Nevlith 184 Scotty Direct Staked 80%
Nevlith 185 Scotty Direct Staked 80%
Nevlith 186 Scotty Direct Staked 80%
Nevlith 187 Scotty Direct Staked 80%
Nevlith 188 Scotty Direct Staked 80%
Nevlith 189 Scotty Direct Staked 80%
Nevlith 190 Scotty Direct Staked 80%
Nevlith 191 Scotty Direct Staked 80%
Nevlith 192 Scotty Direct Staked 80%

ADDITIONAL ASX INFORMATION

Tenement or Claim Number Location Nature Status Interest
Nevlith 193 Scotty Direct Staked 80%
Nevlith 194 Scotty Direct Staked 80%
Nevlith 195 Scotty Direct Staked 80%
Nevlith 196 Scotty Direct Staked 80%
Nevlith 197 Scotty Direct Staked 80%
Nevlith 198 Scotty Direct Staked 80%
Nevlith 199 Scotty Direct Staked 80%
Nevlith 200 Scotty Direct Staked 80%
Nevlith 201 Scotty Direct Staked 80%
Nevlith 202 Scotty Direct Staked 80%
Nevlith 203 Scotty Direct Staked 80%
Nevlith 204 Scotty Direct Staked 80%
Nevlith 205 Scotty Direct Staked 80%
Nevlith 206 Scotty Direct Staked 80%
Nevlith 207 Scotty Direct Staked 80%
Nevlith 208 Scotty Direct Staked 80%
Nevlith 209 Scotty Direct Staked 80%
Nevlith 210 Scotty Direct Staked 80%
Nevlith 211 Scotty Direct Staked 80%

ADDITIONAL ASX INFORMATION

Tenement or Claim Number Location Nature Status Interest
Nevlith 212 Scotty Direct Staked 80%
Nevlith 213 Scotty Direct Staked 80%
Nevlith 214 Scotty Direct Staked 80%
Nevlith 215 Scotty Direct Staked 80%
Nevlith 216 Scotty Direct Staked 80%
Nevlith 217 Scotty Direct Staked 80%
Nevlith 218 Scotty Direct Staked 80%
Nevlith 219 Scotty Direct Staked 80%
Nevlith 220 Scotty Direct Staked 80%
Nevlith 221 Scotty Direct Staked 80%
Nevlith 222 Scotty Direct Staked 80%
Nevlith 223 Scotty Direct Staked 80%
Nevlith 224 Scotty Direct Staked 80%
Nevlith 225 Scotty Direct Staked 80%
Nevlith 226 Scotty Direct Staked 80%
Nevlith 227 Scotty Direct Staked 80%
Nevlith 228 Scotty Direct Staked 80%
Nevlith 229 Scotty Direct Staked 80%
Nevlith 230 Scotty Direct Staked 80%

ADDITIONAL ASX INFORMATION

Tenement or Claim Number Location Nature Status Interest
Nevlith 231 Scotty Direct Staked 80%
Nevlith 232 Scotty Direct Staked 80%
Nevlith 233 Scotty Direct Staked 80%
Nevlith 234 Scotty Direct Staked 80%
Nevlith 235 Scotty Direct Staked 80%
Nevlith 236 Scotty Direct Staked 80%
Nevlith 237 Scotty Direct Staked 80%
Nevlith 238 Scotty Direct Staked 80%
Nevlith 239 Scotty Direct Staked 80%
Nevlith 240 Scotty Direct Staked 80%
Nevlith 241 Scotty Direct Staked 80%
Nevlith 242 Scotty Direct Staked 80%
Nevlith 243 Scotty Direct Staked 80%
Nevlith 244 Scotty Direct Staked 80%
Nevlith 245 Scotty Direct Staked 80%
Nevlith 246 Scotty Direct Staked 80%
Nevlith 247 Scotty Direct Staked 80%
Nevlith 248 Scotty Direct Staked 80%
Nevlith 249 Scotty Direct Staked 80%

ADDITIONAL ASX INFORMATION

Tenement or Claim Number Location Nature Status Interest
Nevlith 250 Scotty Direct Staked 80%
Nevlith 251 Scotty Direct Staked 80%
Nevlith 252 Scotty Direct Staked 80%
Nevlith 253 Scotty Direct Staked 80%
Nevlith 254 Scotty Direct Staked 80%
Nevlith 255 Scotty Direct Staked 80%
Nevlith 256 Scotty Direct Staked 80%
Nevlith 257 Scotty Direct Staked 80%
Nevlith 258 Scotty Direct Staked 80%
Nevlith 259 Scotty Direct Staked 80%
Nevlith 260 Scotty Direct Staked 80%
Nevlith 261 Scotty Direct Staked 80%
Nevlith 262 Scotty Direct Staked 80%
Nevlith 263 Scotty Direct Staked 80%
Nevlith 264 Scotty Direct Staked 80%
Tenement or Claim Number Location Nature Status Interest
CDC2636348 Brisk Transfer pending Active 100%
CDC2636349 Brisk Transfer pending Active 100%
CDC2636350 Brisk Transfer pending Active 100%

ADDITIONAL ASX INFORMATION

Tenement or Claim Number Location Nature Status Interest
CDC2636351 Brisk Transfer pending Active 100%
CDC2636352 Brisk Transfer pending Active 100%
CDC2636353 Brisk Transfer pending Active 100%
CDC2636354 Brisk Transfer pending Active 100%
CDC2636355 Brisk Transfer pending Active 100%
CDC2636356 Brisk Transfer pending Active 100%
CDC2636357 Brisk Transfer pending Active 100%
CDC2636358 Brisk Transfer pending Active 100%
CDC2636359 Brisk Transfer pending Active 100%
CDC2636360 Brisk Transfer pending Active 100%
CDC2636361 Brisk Transfer pending Active 100%
CDC2636362 Brisk Transfer pending Active 100%
CDC2636363 Brisk Transfer pending Active 100%
CDC2636364 Brisk Transfer pending Active 100%
CDC2636365 Brisk Transfer pending Active 100%
CDC2636366 Brisk Transfer pending Active 100%
CDC2636367 Brisk Transfer pending Active 100%
CDC2636368 Brisk Transfer pending Active 100%
CDC2636369 Brisk Transfer pending Active 100%

ADDITIONAL ASX INFORMATION

Tenement or Claim Number Location Nature Status Interest
CDC2636370 Brisk Transfer pending Active 100%
CDC2636371 Brisk Transfer pending Active 100%
CDC2636372 Brisk Transfer pending Active 100%
CDC2636373 Brisk Transfer pending Active 100%
CDC2636374 Brisk Transfer pending Active 100%
CDC2636375 Brisk Transfer pending Active 100%
CDC2636376 Brisk Transfer pending Active 100%
CDC2636377 Brisk Transfer pending Active 100%
CDC2636378 Brisk Transfer pending Active 100%
CDC2636379 Brisk Transfer pending Active 100%
CDC2636380 Brisk Transfer pending Active 100%
CDC2636381 Brisk Transfer pending Active 100%
CDC2636382 Brisk Transfer pending Active 100%
CDC2636383 Brisk Transfer pending Active 100%
CDC2636384 Brisk Transfer pending Active 100%
CDC2636385 Brisk Transfer pending Active 100%
CDC2636386 Brisk Transfer pending Active 100%
CDC2636387 Brisk Transfer pending Active 100%
CDC2636388 Brisk Transfer pending Active 100%

ADDITIONAL ASX INFORMATION

Tenement or Claim Number Location Nature Status Interest
CDC2636389 Brisk Transfer pending Active 100%
CDC2636390 Brisk Transfer pending Active 100%
CDC2636391 Brisk Transfer pending Active 100%
CDC2636392 Brisk Transfer pending Active 100%
CDC2636393 Brisk Transfer pending Active 100%
CDC2636394 Brisk Transfer pending Active 100%
CDC2636395 Brisk Transfer pending Active 100%
CDC2636396 Brisk Transfer pending Active 100%
CDC2636397 Brisk Transfer pending Active 100%
CDC2636398 Brisk Transfer pending Active 100%
CDC2636399 Brisk Transfer pending Active 100%
CDC2636400 Brisk Transfer pending Active 100%
CDC2636401 Brisk Transfer pending Active 100%
CDC2636402 Brisk Transfer pending Active 100%
CDC2636403 Brisk Transfer pending Active 100%
CDC2636404 Brisk Transfer pending Active 100%
CDC2636405 Brisk Transfer pending Active 100%
CDC2636406 Brisk Transfer pending Active 100%
CDC2636407 Brisk Transfer pending Active 100%

ADDITIONAL ASX INFORMATION

Tenement or Claim Number Location Nature Status Interest
CDC2636408 Brisk Transfer pending Active 100%
CDC2636409 Brisk Transfer pending Active 100%
CDC2636410 Brisk Transfer pending Active 100%
CDC2636411 Brisk Transfer pending Active 100%
CDC2636412 Brisk Transfer pending Active 100%
CDC2636413 Brisk Transfer pending Active 100%
CDC2636414 Brisk Transfer pending Active 100%
CDC2636415 Brisk Transfer pending Active 100%
CDC2636416 Brisk Transfer pending Active 100%
CDC2636417 Brisk Transfer pending Active 100%
CDC2636418 Brisk Transfer pending Active 100%
CDC2636419 Brisk Transfer pending Active 100%
CDC2636420 Brisk Transfer pending Active 100%
CDC2636421 Brisk Transfer pending Active 100%
CDC2636422 Brisk Transfer pending Active 100%
CDC2636423 Brisk Transfer pending Active 100%
CDC2636424 Brisk Transfer pending Active 100%
CDC2636425 Brisk Transfer pending Active 100%
CDC2636426 Brisk Transfer pending Active 100%

ADDITIONAL ASX INFORMATION

Tenement or Claim Number Location Nature Status Interest
CDC2636427 Brisk Transfer pending Active 100%
CDC2636428 Brisk Transfer pending Active 100%
CDC2636429 Brisk Transfer pending Active 100%
CDC2636430 Brisk Transfer pending Active 100%
CDC2636431 Brisk Transfer pending Active 100%
CDC2636432 Brisk Transfer pending Active 100%
CDC2636433 Brisk Transfer pending Active 100%
CDC2636434 Brisk Transfer pending Active 100%
CDC2636435 Brisk Transfer pending Active 100%
CDC2636436 Brisk Transfer pending Active 100%
CDC2636437 Brisk Transfer pending Active 100%
CDC2636438 Brisk Transfer pending Active 100%
CDC2636439 Brisk Transfer pending Active 100%
CDC2636440 Brisk Transfer pending Active 100%
CDC2636441 Brisk Transfer pending Active 100%
CDC2636442 Brisk Transfer pending Active 100%
CDC2636443 Brisk Transfer pending Active 100%
CDC2636444 Brisk Transfer pending Active 100%
CDC2636445 Brisk Transfer pending Active 100%

ADDITIONAL ASX INFORMATION

Tenement or Claim Number Location Nature Status Interest
CDC2636446 Brisk Transfer pending Active 100%
CDC2636447 Brisk Transfer pending Active 100%
CDC2636448 Brisk Transfer pending Active 100%
CDC2636449 Brisk Transfer pending Active 100%
CDC2636450 Brisk Transfer pending Active 100%
CDC2636451 Brisk Transfer pending Active 100%
CDC2636452 Brisk Transfer pending Active 100%
CDC2636453 Brisk Transfer pending Active 100%
CDC2636454 Brisk Transfer pending Active 100%
CDC2636455 Brisk Transfer pending Active 100%
CDC2636456 Brisk Transfer pending Active 100%
CDC2636457 Brisk Transfer pending Active 100%
CDC2636458 Brisk Transfer pending Active 100%
CDC2636459 Brisk Transfer pending Active 100%
CDC2636460 Brisk Transfer pending Active 100%
CDC2636461 Brisk Transfer pending Active 100%
CDC2636462 Brisk Transfer pending Active 100%
CDC2636463 Brisk Transfer pending Active 100%
CDC2636464 Brisk Transfer pending Active 100%

ADDITIONAL ASX INFORMATION

Tenement or Claim Number Location Nature Status Interest
CDC2636465 Brisk Transfer pending Active 100%
CDC2636466 Brisk Transfer pending Active 100%
CDC2636467 Brisk Transfer pending Active 100%
CDC2636468 Brisk Transfer pending Active 100%
CDC2636469 Brisk Transfer pending Active 100%
CDC2636470 Brisk Transfer pending Active 100%
CDC2636471 Brisk Transfer pending Active 100%
CDC2636472 Brisk Transfer pending Active 100%
CDC2636473 Brisk Transfer pending Active 100%
CDC2636474 Brisk Transfer pending Active 100%
CDC2636475 Brisk Transfer pending Active 100%
CDC2636476 Brisk Transfer pending Active 100%
CDC2636477 Brisk Transfer pending Active 100%
CDC2636478 Brisk Transfer pending Active 100%
CDC2636479 Brisk Transfer pending Active 100%
CDC2636480 Brisk Transfer pending Active 100%
CDC2636481 Brisk Transfer pending Active 100%
CDC2636482 Brisk Transfer pending Active 100%
CDC2636483 Brisk Transfer pending Active 100%

ADDITIONAL ASX INFORMATION

Tenement or Claim Number Location Nature Status Interest
CDC2636484 Brisk Transfer pending Active 100%
CDC2636485 Brisk Transfer pending Active 100%
CDC2636486 Brisk Transfer pending Active 100%
CDC2636487 Brisk Transfer pending Active 100%
CDC2636488 Brisk Transfer pending Active 100%
CDC2636489 Brisk Transfer pending Active 100%
CDC2636490 Brisk Transfer pending Active 100%
CDC2636491 Brisk Transfer pending Active 100%
CDC2636492 Brisk Transfer pending Active 100%
CDC2636493 Brisk Transfer pending Active 100%
CDC2636494 Brisk Transfer pending Active 100%
CDC2636495 Brisk Transfer pending Active 100%
CDC2636496 Brisk Transfer pending Active 100%
CDC2636497 Brisk Transfer pending Active 100%
CDC2636498 Brisk Transfer pending Active 100%
CDC2636499 Brisk Transfer pending Active 100%
CDC2636500 Brisk Transfer pending Active 100%
CDC2636501 Brisk Transfer pending Active 100%
CDC2636502 Brisk Transfer pending Active 100%

ADDITIONAL ASX INFORMATION

Tenement or Claim Number Location Nature Status Interest
CDC2636503 Brisk Transfer pending Active 100%
CDC2636504 Brisk Transfer pending Active 100%
CDC2636505 Brisk Transfer pending Active 100%
CDC2636506 Brisk Transfer pending Active 100%
CDC2636507 Brisk Transfer pending Active 100%
CDC2636508 Brisk Transfer pending Active 100%
CDC2636509 Brisk Transfer pending Active 100%
CDC2636510 Brisk Transfer pending Active 100%
CDC2636511 Brisk Transfer pending Active 100%
CDC2636512 Brisk Transfer pending Active 100%
CDC2636513 Brisk Transfer pending Active 100%
CDC2636514 Brisk Transfer pending Active 100%
CDC2636515 Brisk Transfer pending Active 100%
CDC2636516 Brisk Transfer pending Active 100%
CDC2636517 Brisk Transfer pending Active 100%
CDC2636518 Brisk Transfer pending Active 100%
CDC2636519 Brisk Transfer pending Active 100%
CDC2636520 Brisk Transfer pending Active 100%
CDC2636521 Brisk Transfer pending Active 100%

ADDITIONAL ASX INFORMATION

Tenement or Claim Number Location Nature Status Interest
CDC2636522 Brisk Transfer pending Active 100%
CDC2636523 Brisk Transfer pending Active 100%
CDC2636524 Brisk Transfer pending Active 100%
CDC2636525 Brisk Transfer pending Active 100%
CDC2636526 Brisk Transfer pending Active 100%
CDC2636527 Brisk Transfer pending Active 100%
CDC2636528 Brisk Transfer pending Active 100%
CDC2636529 Brisk Transfer pending Active 100%
CDC2636530 Brisk Transfer pending Active 100%
CDC2636531 Brisk Transfer pending Active 100%
CDC2636532 Brisk Transfer pending Active 100%
CDC2636533 Brisk Transfer pending Active 100%
CDC2636534 Brisk Transfer pending Active 100%
CDC2636535 Brisk Transfer pending Active 100%
CDC2636536 Brisk Transfer pending Active 100%
CDC2636537 Brisk Transfer pending Active 100%
CDC2636538 Brisk Transfer pending Active 100%
CDC2636539 Brisk Transfer pending Active 100%
CDC2674064 Trieste Direct Active 100%

ADDITIONAL ASX INFORMATION

Tenement or Claim Number Location Nature Status Interest
CDC2674065 Trieste Direct Active 100%
CDC2674066 Trieste Direct Active 100%
CDC2674067 Trieste Direct Active 100%
CDC2674068 Trieste Direct Active 100%
CDC2674069 Trieste Direct Active 100%
CDC2674070 Trieste Direct Active 100%
CDC2674071 Trieste Direct Active 100%
CDC2674072 Trieste Direct Active 100%
CDC2674073 Trieste Direct Active 100%
CDC2674074 Trieste Direct Active 100%
CDC2674075 Trieste Direct Active 100%
CDC2674076 Trieste Direct Active 100%
CDC2674077 Trieste Direct Active 100%
CDC2674078 Trieste Direct Active 100%
CDC2674079 Trieste Direct Active 100%
CDC2674080 Trieste Direct Active 100%
CDC2674081 Trieste Direct Active 100%
CDC2674082 Trieste Direct Active 100%
CDC2674083 Trieste Direct Active 100%

ADDITIONAL ASX INFORMATION

Tenement or Claim Number Location Nature Status Interest
CDC2674084 Trieste Direct Active 100%
CDC2674085 Trieste Direct Active 100%
CDC2674086 Trieste Direct Active 100%
CDC2674087 Trieste Direct Active 100%
CDC2674088 Trieste Direct Active 100%
CDC2674089 Trieste Direct Active 100%
CDC2674090 Trieste Direct Active 100%
CDC2674091 Trieste Direct Active 100%
CDC2674092 Trieste Direct Active 100%
CDC2674093 Trieste Direct Active 100%
CDC2674094 Trieste Direct Active 100%
CDC2674095 Trieste Direct Active 100%
CDC2674096 Trieste Direct Active 100%
CDC2674097 Trieste Direct Active 100%
CDC2674098 Trieste Direct Active 100%
CDC2674099 Trieste Direct Active 100%
CDC2674100 Trieste Direct Active 100%
CDC2674101 Trieste Direct Active 100%
CDC2674102 Trieste Direct Active 100%

ADDITIONAL ASX INFORMATION

Tenement or Claim Number Location Nature Status Interest
CDC2674103 Trieste Direct Active 100%
CDC2674104 Trieste Direct Active 100%
CDC2674105 Trieste Direct Active 100%
CDC2674106 Trieste Direct Active 100%
CDC2674107 Trieste Direct Active 100%
CDC2674108 Trieste Direct Active 100%
CDC2674109 Trieste Direct Active 100%
CDC2674110 Trieste Direct Active 100%
CDC2674111 Trieste Direct Active 100%
CDC2674112 Trieste Direct Active 100%
CDC2674113 Trieste Direct Active 100%
CDC2674114 Trieste Direct Active 100%
CDC2674115 Trieste Direct Active 100%
CDC2674116 Trieste Direct Active 100%
CDC2674117 Trieste Direct Active 100%
CDC2674118 Trieste Direct Active 100%
CDC2674119 Trieste Direct Active 100%
CDC2674120 Trieste Direct Active 100%
CDC2674121 Trieste Direct Active 100%

ADDITIONAL ASX INFORMATION

Tenement or Claim Number Location Nature Status Interest
CDC2674122 Trieste Direct Active 100%
CDC2674123 Trieste Direct Active 100%
CDC2674124 Trieste Direct Active 100%
CDC2674125 Trieste Direct Active 100%
CDC2674126 Trieste Direct Active 100%
CDC2674127 Trieste Direct Active 100%
CDC2674128 Trieste Direct Active 100%
CDC2674129 Trieste Direct Active 100%
CDC2674130 Trieste Direct Active 100%
CDC2674131 Trieste Direct Active 100%
CDC2674132 Trieste Direct Active 100%
CDC2674133 Trieste Direct Active 100%
CDC2674134 Trieste Direct Active 100%
CDC2674135 Trieste Direct Active 100%
CDC2674136 Trieste Direct Active 100%
CDC2674137 Trieste Direct Active 100%
CDC2674138 Trieste Direct Active 100%
CDC2674139 Trieste Direct Active 100%
CDC2674140 Trieste Direct Active 100%

ADDITIONAL ASX INFORMATION

Tenement or Claim Number Location Nature Status Interest
CDC2674141 Trieste Direct Active 100%
CDC2674142 Trieste Direct Active 100%
CDC2674143 Trieste Direct Active 100%
CDC2674144 Trieste Direct Active 100%
CDC2674145 Trieste Direct Active 100%
CDC2674146 Trieste Direct Active 100%
CDC2674147 Trieste Direct Active 100%
CDC2674148 Trieste Direct Active 100%
CDC2674149 Trieste Direct Active 100%
CDC2674150 Trieste Direct Active 100%
CDC2674151 Trieste Direct Active 100%
CDC2674152 Trieste Direct Active 100%
CDC2675919 Trieste Direct Active 100%
CDC2675920 Trieste Direct Active 100%
CDC2678822 Trieste Direct Active 100%
CDC2678823 Trieste Direct Active 100%
CDC2678824 Trieste Direct Active 100%
CDC2678825 Trieste Direct Active 100%
CDC2678826 Trieste Direct Active 100%

ADDITIONAL ASX INFORMATION

Tenement or Claim Number Location Nature Status Interest
CDC2678827 Trieste Direct Active 100%
CDC2678828 Trieste Direct Active 100%
CDC2678829 Trieste Direct Active 100%
CDC2678830 Trieste Direct Active 100%
CDC2678831 Trieste Direct Active 100%
CDC2678832 Trieste Direct Active 100%
CDC2678833 Trieste Direct Active 100%
CDC2678834 Trieste Direct Active 100%
CDC2678835 Trieste Direct Active 100%
CDC2678836 Trieste Direct Active 100%
CDC2678837 Trieste Direct Active 100%
CDC2678838 Trieste Direct Active 100%
CDC2678839 Trieste Direct Active 100%
CDC2678840 Trieste Direct Active 100%
CDC2678841 Trieste Direct Active 100%
CDC2678842 Trieste Direct Active 100%
CDC2678843 Trieste Direct Active 100%
CDC2678844 Trieste Direct Active 100%
CDC2678845 Trieste Direct Active 100%

ADDITIONAL ASX INFORMATION

Tenement or Claim Number Location Nature Status Interest
CDC2678846 Trieste Direct Active 100%
CDC2678847 Trieste Direct Active 100%
CDC2678848 Trieste Direct Active 100%
CDC2678849 Trieste Direct Active 100%
CDC2678850 Trieste Direct Active 100%
CDC2678851 Trieste Direct Active 100%
CDC2678852 Trieste Direct Active 100%
CDC2678853 Trieste Direct Active 100%
CDC2678854 Trieste Direct Active 100%
CDC2678855 Trieste Direct Active 100%
CDC2678856 Trieste Direct Active 100%
CDC2678857 Trieste Direct Active 100%
CDC2678858 Trieste Direct Active 100%
CDC2678859 Trieste Direct Active 100%
CDC2678860 Trieste Direct Active 100%
CDC2678861 Trieste Direct Active 100%
CDC2678862 Trieste Direct Active 100%
CDC2678863 Trieste Direct Active 100%
CDC2678864 Trieste Direct Active 100%

ADDITIONAL ASX INFORMATION

Tenement or Claim Number Location Nature Status Interest
CDC2678865 Trieste Direct Active 100%
CDC2678866 Trieste Direct Active 100%
CDC2678867 Trieste Direct Active 100%
CDC2678868 Trieste Direct Active 100%
CDC2678869 Trieste Direct Active 100%
CDC2678870 Trieste Direct Active 100%
CDC2678871 Trieste Direct Active 100%
CDC2678872 Trieste Direct Active 100%
CDC2678873 Trieste Direct Active 100%
CDC2678874 Trieste Direct Active 100%
CDC2678875 Trieste Direct Active 100%
CDC2678876 Trieste Direct Active 100%
CDC2678877 Trieste Direct Active 100%
CDC2678878 Trieste Direct Active 100%
CDC2678879 Trieste Direct Active 100%
CDC2678880 Trieste Direct Active 100%
CDC2678881 Trieste Direct Active 100%
CDC2678882 Trieste Direct Active 100%
CDC2678883 Trieste Direct Active 100%

ADDITIONAL ASX INFORMATION

Tenement or Claim Number Location Nature Status Interest
CDC2678884 Trieste Direct Active 100%
CDC2678885 Trieste Direct Active 100%
CDC2678886 Trieste Direct Active 100%
CDC2678887 Trieste Direct Active 100%
CDC2678888 Trieste Direct Active 100%
CDC2678889 Trieste Direct Active 100%
CDC2678890 Trieste Direct Active 100%
CDC2678891 Trieste Direct Active 100%
CDC2678892 Trieste Direct Active 100%
CDC2678893 Trieste Direct Active 100%
CDC2678894 Trieste Direct Active 100%
CDC2678895 Trieste Direct Active 100%
CDC2678896 Trieste Direct Active 100%
CDC2678897 Trieste Direct Active 100%
CDC2678898 Trieste Direct Active 100%
CDC2678899 Trieste Direct Active 100%
CDC2678900 Trieste Direct Active 100%
CDC2678901 Trieste Direct Active 100%
CDC2678902 Trieste Direct Active 100%

ADDITIONAL ASX INFORMATION

Tenement or Claim Number Location Nature Status Interest
CDC2678903 Trieste Direct Active 100%
CDC2678904 Trieste Direct Active 100%
CDC2679820 Trieste Direct Active 100%
CDC2679821 Trieste Direct Active 100%
CDC2679822 Trieste Direct Active 100%
CDC2679823 Trieste Direct Active 100%
CDC2679824 Trieste Direct Active 100%
CDC2679825 Trieste Direct Active 100%
CDC2679826 Trieste Direct Active 100%
CDC2679827 Trieste Direct Active 100%
CDC2679828 Trieste Direct Active 100%
CDC2680527 Trieste Direct Active 100%
CDC2680528 Trieste Direct Active 100%
CDC2680529 Trieste Direct Active 100%
CDC2680530 Trieste Direct Active 100%
CDC2680531 Trieste Direct Active 100%
CDC2680532 Trieste Direct Active 100%
CDC2680533 Trieste Direct Active 100%
CDC2680534 Trieste Direct Active 100%

ADDITIONAL ASX INFORMATION

Tenement or Claim Number Location Nature Status Interest
CDC2680535 Trieste Direct Active 100%
CDC2680536 Trieste Direct Active 100%
CDC2680537 Trieste Direct Active 100%
CDC2680538 Trieste Direct Active 100%
CDC2680539 Trieste Direct Active 100%
CDC2680540 Trieste Direct Active 100%
CDC2680541 Trieste Direct Active 100%
CDC2680542 Trieste Direct Active 100%
CDC2680543 Trieste Direct Active 100%
CDC2680544 Trieste Direct Active 100%
CDC2680545 Trieste Direct Active 100%
CDC2680546 Trieste Direct Active 100%
CDC2680547 Trieste Direct Active 100%
CDC2680548 Trieste Direct Active 100%
CDC2680549 Trieste Direct Active 100%
CDC2680550 Trieste Direct Active 100%
CDC2680551 Trieste Direct Active 100%
CDC2680552 Trieste Direct Active 100%
CDC2680553 Trieste Direct Active 100%

ADDITIONAL ASX INFORMATION

Tenement or Claim Number Location Nature Status Interest
CDC2680554 Trieste Direct Active 100%
CDC2680555 Trieste Direct Active 100%
CDC2680556 Trieste Direct Active 100%
CDC2680557 Trieste Direct Active 100%
CDC2680558 Trieste Direct Active 100%
CDC2680559 Trieste Direct Active 100%
CDC2680560 Trieste Direct Active 100%
CDC2680561 Trieste Direct Active 100%
CDC2680562 Trieste Direct Active 100%
CDC2680563 Trieste Direct Active 100%
CDC2680564 Trieste Direct Active 100%
CDC2680565 Trieste Direct Active 100%
CDC2680566 Trieste Direct Active 100%
CDC2680567 Trieste Direct Active 100%
CDC2680568 Trieste Direct Active 100%
CDC2680569 Trieste Direct Active 100%
CDC2673137 Trieste Transfer submitted Active 100%
CDC2673138 Trieste Transfer submitted Active 100%
CDC2673139 Trieste Transfer submitted Active 100%

ADDITIONAL ASX INFORMATION

Tenement or Claim Number Location Nature Status Interest
CDC2673140 Trieste Transfer submitted Active 100%
CDC2673141 Trieste Transfer submitted Active 100%
CDC2673142 Trieste Transfer submitted Active 100%
CDC2673143 Trieste Transfer submitted Active 100%
CDC2673144 Trieste Transfer submitted Active 100%
CDC2673145 Trieste Transfer submitted Active 100%
CDC2673146 Trieste Transfer submitted Active 100%
CDC2673147 Trieste Transfer submitted Active 100%
CDC2673148 Trieste Transfer submitted Active 100%
CDC2145018 Trieste Indirect Active Option 100%
CDC2145023 Trieste Indirect Active Option 100%
CDC2145019 Trieste Indirect Active Option 100%
CDC2145020 Trieste Indirect Active Option 100%
CDC2145021 Trieste Indirect Active Option 100%
CDC2145017 Trieste Indirect Active Option 100%
CDC2145016 Trieste Indirect Active Option 100%
CDC2145022 Trieste Indirect Active Option 100%
CDC2145015 Trieste Indirect Active Option 100%
CDC2145005 Trieste Indirect Active Option 100%

ADDITIONAL ASX INFORMATION

Tenement or Claim Number Location Nature Status Interest
CDC2144995 Trieste Indirect Active Option 100%
CDC2144996 Trieste Indirect Active Option 100%
CDC2144997 Trieste Indirect Active Option 100%
CDC2144998 Trieste Indirect Active Option 100%
CDC2144999 Trieste Indirect Active Option 100%
CDC2145000 Trieste Indirect Active Option 100%
CDC2145001 Trieste Indirect Active Option 100%
CDC2145002 Trieste Indirect Active Option 100%
CDC2145014 Trieste Indirect Active Option 100%
CDC2145004 Trieste Indirect Active Option 100%
CDC2145013 Trieste Indirect Active Option 100%
CDC2145006 Trieste Indirect Active Option 100%
CDC2145007 Trieste Indirect Active Option 100%
CDC2145008 Trieste Indirect Active Option 100%
CDC2145009 Trieste Indirect Active Option 100%
CDC2145010 Trieste Indirect Active Option 100%
CDC2145011 Trieste Indirect Active Option 100%
CDC2145012 Trieste Indirect Active Option 100%
CDC2145032 Trieste Indirect Active Option 100%

ADDITIONAL ASX INFORMATION

Tenement or Claim Number Location Nature Status Interest
CDC2145003 Trieste Indirect Active Option 100%
CDC2145044 Trieste Indirect Active Option 100%
CDC2145028 Trieste Indirect Active Option 100%
CDC2145050 Trieste Indirect Active Option 100%
CDC2145049 Trieste Indirect Active Option 100%
CDC2145048 Trieste Indirect Active Option 100%
CDC2145047 Trieste Indirect Active Option 100%
CDC2145052 Trieste Indirect Active Option 100%
CDC2145045 Trieste Indirect Active Option 100%
CDC2145060 Trieste Indirect Active Option 100%
CDC2145033 Trieste Indirect Active Option 100%
CDC2145034 Trieste Indirect Active Option 100%
CDC2145035 Trieste Indirect Active Option 100%
CDC2145036 Trieste Indirect Active Option 100%
CDC2145041 Trieste Indirect Active Option 100%
CDC2145042 Trieste Indirect Active Option 100%
CDC2145046 Trieste Indirect Active Option 100%
CDC2144994 Trieste Indirect Active Option 100%
CDC2145025 Trieste Indirect Active Option 100%

ADDITIONAL ASX INFORMATION

Tenement or Claim Number Location Nature Status Interest
CDC2145026 Trieste Indirect Active Option 100%
CDC2145027 Trieste Indirect Active Option 100%
CDC2145029 Trieste Indirect Active Option 100%
CDC2145043 Trieste Indirect Active Option 100%
CDC2145051 Trieste Indirect Active Option 100%
CDC2145066 Trieste Indirect Active Option 100%
CDC2145024 Trieste Indirect Active Option 100%
CDC2145065 Trieste Indirect Active Option 100%
CDC2144984 Trieste Indirect Active Option 100%
CDC2145064 Trieste Indirect Active Option 100%
CDC2145063 Trieste Indirect Active Option 100%
CDC2145062 Trieste Indirect Active Option 100%
CDC2145061 Trieste Indirect Active Option 100%
CDC2145067 Trieste Indirect Active Option 100%
CDC2144982 Trieste Indirect Active Option 100%
CDC2144986 Trieste Indirect Active Option 100%
CDC2144993 Trieste Indirect Active Option 100%
CDC2144976 Trieste Indirect Active Option 100%
CDC2144977 Trieste Indirect Active Option 100%

ADDITIONAL ASX INFORMATION

Tenement or Claim Number Location Nature Status Interest
CDC2144978 Trieste Indirect Active Option 100%
CDC2144979 Trieste Indirect Active Option 100%
CDC2144981 Trieste Indirect Active Option 100%
CDC2144983 Trieste Indirect Active Option 100%
CDC2144985 Trieste Indirect Active Option 100%
CDC2144987 Trieste Indirect Active Option 100%
CDC2144988 Trieste Indirect Active Option 100%
CDC2144989 Trieste Indirect Active Option 100%
CDC2144990 Trieste Indirect Active Option 100%
CDC2144991 Trieste Indirect Active Option 100%
CDC2144980 Trieste Indirect Active Option 100%
CDC2144992 Trieste Indirect Active Option 100%
CDC2054408 Trieste Indirect Active Option 100%
CDC2054431 Trieste Indirect Active Option 100%
CDC2054430 Trieste Indirect Active Option 100%
CDC2054429 Trieste Indirect Active Option 100%
CDC2054428 Trieste Indirect Active Option 100%
CDC2054427 Trieste Indirect Active Option 100%
CDC2054426 Trieste Indirect Active Option 100%

ADDITIONAL ASX INFORMATION

Tenement or Claim Number Location Nature Status Interest
CDC2054425 Trieste Indirect Active Option 100%
CDC2054424 Trieste Indirect Active Option 100%
CDC2054423 Trieste Indirect Active Option 100%
CDC2054422 Trieste Indirect Active Option 100%
CDC2054421 Trieste Indirect Active Option 100%
CDC2054471 Trieste Indirect Active Option 100%
CDC2054409 Trieste Indirect Active Option 100%
CDC2054397 Trieste Indirect Active Option 100%
CDC2054400 Trieste Indirect Active Option 100%
CDC2054401 Trieste Indirect Active Option 100%
CDC2054402 Trieste Indirect Active Option 100%
CDC2054403 Trieste Indirect Active Option 100%
CDC2054399 Trieste Indirect Active Option 100%
CDC2054432 Trieste Indirect Active Option 100%
CDC2054404 Trieste Indirect Active Option 100%
CDC2054405 Trieste Indirect Active Option 100%
CDC2054406 Trieste Indirect Active Option 100%
CDC2054407 Trieste Indirect Active Option 100%
CDC2054492 Trieste Indirect Active Option 100%

ADDITIONAL ASX INFORMATION

Tenement or Claim Number Location Nature Status Interest
CDC2054398 Trieste Indirect Active Option 100%
CDC2054420 Trieste Indirect Active Option 100%
CDC2054510 Trieste Indirect Active Option 100%
CDC2054469 Trieste Indirect Active Option 100%
CDC2054477 Trieste Indirect Active Option 100%
CDC2054478 Trieste Indirect Active Option 100%
CDC2054486 Trieste Indirect Active Option 100%
CDC2054487 Trieste Indirect Active Option 100%
CDC2054488 Trieste Indirect Active Option 100%
CDC2054489 Trieste Indirect Active Option 100%
CDC2054490 Trieste Indirect Active Option 100%
CDC2054491 Trieste Indirect Active Option 100%
CDC2054493 Trieste Indirect Active Option 100%
CDC2054475 Trieste Indirect Active Option 100%
CDC2054509 Trieste Indirect Active Option 100%
CDC2054474 Trieste Indirect Active Option 100%
CDC2054511 Trieste Indirect Active Option 100%
CDC2054512 Trieste Indirect Active Option 100%
CDC2054513 Trieste Indirect Active Option 100%

ADDITIONAL ASX INFORMATION

Tenement or Claim Number Location Nature Status Interest
CDC2054514 Trieste Indirect Active Option 100%
CDC2054515 Trieste Indirect Active Option 100%
CDC2054516 Trieste Indirect Active Option 100%
CDC2054517 Trieste Indirect Active Option 100%
CDC2054518 Trieste Indirect Active Option 100%
CDC2054521 Trieste Indirect Active Option 100%
CDC2054522 Trieste Indirect Active Option 100%
CDC2054523 Trieste Indirect Active Option 100%
CDC2054495 Trieste Indirect Active Option 100%
CDC2054453 Trieste Indirect Active Option 100%
CDC2054441 Trieste Indirect Active Option 100%
CDC2054442 Trieste Indirect Active Option 100%
CDC2054443 Trieste Indirect Active Option 100%
CDC2054444 Trieste Indirect Active Option 100%
CDC2054445 Trieste Indirect Active Option 100%
CDC2054446 Trieste Indirect Active Option 100%
CDC2054447 Trieste Indirect Active Option 100%
CDC2054448 Trieste Indirect Active Option 100%
CDC2054449 Trieste Indirect Active Option 100%

ADDITIONAL ASX INFORMATION

Tenement or Claim Number Location Nature Status Interest
CDC2054450 Trieste Indirect Active Option 100%
CDC2054476 Trieste Indirect Active Option 100%
CDC2054452 Trieste Indirect Active Option 100%
CDC2054440 Trieste Indirect Active Option 100%
CDC2054454 Trieste Indirect Active Option 100%
CDC2054455 Trieste Indirect Active Option 100%
CDC2054463 Trieste Indirect Active Option 100%
CDC2054464 Trieste Indirect Active Option 100%
CDC2054465 Trieste Indirect Active Option 100%
CDC2054466 Trieste Indirect Active Option 100%
CDC2054467 Trieste Indirect Active Option 100%
CDC2054468 Trieste Indirect Active Option 100%
CDC2054470 Trieste Indirect Active Option 100%
CDC2054472 Trieste Indirect Active Option 100%
CDC2054473 Trieste Indirect Active Option 100%
CDC2054451 Trieste Indirect Active Option 100%
CDC2054494 Trieste Indirect Active Option 100%
CDC61866 Trieste Indirect Active Option 100%
CDC61875 Trieste Indirect Active Option 100%

ADDITIONAL ASX INFORMATION

Tenement or Claim Number Location Nature Status Interest
CDC61859 Trieste Indirect Active Option 100%
CDC61862 Trieste Indirect Active Option 100%
CDC61863 Trieste Indirect Active Option 100%
CDC61856 Trieste Indirect Active Option 100%
CDC61865 Trieste Indirect Active Option 100%
CDC61854 Trieste Indirect Active Option 100%
CDC61868 Trieste Indirect Active Option 100%
CDC61869 Trieste Indirect Active Option 100%
CDC61870 Trieste Indirect Active Option 100%
CDC61872 Trieste Indirect Active Option 100%
CDC61873 Trieste Indirect Active Option 100%
CDC61874 Trieste Indirect Active Option 100%
CDC61864 Trieste Indirect Active Option 100%
CDC61847 Trieste Indirect Active Option 100%
CDC61840 Trieste Indirect Active Option 100%
CDC61841 Trieste Indirect Active Option 100%
CDC61842 Trieste Indirect Active Option 100%
CDC61843 Trieste Indirect Active Option 100%
CDC61844 Trieste Indirect Active Option 100%

ADDITIONAL ASX INFORMATION

Tenement or Claim Number Location Nature Status Interest
CDC61858 Trieste Indirect Active Option 100%
CDC61846 Trieste Indirect Active Option 100%
CDC61857 Trieste Indirect Active Option 100%
CDC61848 Trieste Indirect Active Option 100%
CDC61849 Trieste Indirect Active Option 100%
CDC61850 Trieste Indirect Active Option 100%
CDC61851 Trieste Indirect Active Option 100%
CDC61852 Trieste Indirect Active Option 100%
CDC61853 Trieste Indirect Active Option 100%
CDC61845 Trieste Indirect Active Option 100%
CDC61888 Trieste Indirect Active Option 100%
CDC61891 Trieste Indirect Active Option 100%
CDC61876 Trieste Indirect Active Option 100%
CDC61892 Trieste Indirect Active Option 100%
CDC61889 Trieste Indirect Active Option 100%
CDC61887 Trieste Indirect Active Option 100%
CDC61886 Trieste Indirect Active Option 100%
CDC61885 Trieste Indirect Active Option 100%
CDC61884 Trieste Indirect Active Option 100%

ADDITIONAL ASX INFORMATION

Tenement or Claim Number Location Nature Status Interest
CDC61881 Trieste Indirect Active Option 100%
CDC61880 Trieste Indirect Active Option 100%
CDC61879 Trieste Indirect Active Option 100%
CDC61877 Trieste Indirect Active Option 100%
CDC61855 Trieste Indirect Active Option 100%
CDC2085732 Trieste Indirect Active Option 100%
CDC2085740 Trieste Indirect Active Option 100%
CDC2085739 Trieste Indirect Active Option 100%
CDC2085737 Trieste Indirect Active Option 100%
CDC2085736 Trieste Indirect Active Option 100%
CDC2085735 Trieste Indirect Active Option 100%
CDC2085733 Trieste Indirect Active Option 100%
CDC2085741 Trieste Indirect Active Option 100%
CDC2085751 Trieste Indirect Active Option 100%
CDC2085734 Trieste Indirect Active Option 100%
CDC2085742 Trieste Indirect Active Option 100%
CDC2085743 Trieste Indirect Active Option 100%
CDC2085744 Trieste Indirect Active Option 100%
CDC2085746 Trieste Indirect Active Option 100%

ADDITIONAL ASX INFORMATION

Tenement or Claim Number Location Nature Status Interest
CDC2085747 Trieste Indirect Active Option 100%
CDC2085748 Trieste Indirect Active Option 100%
CDC2085750 Trieste Indirect Active Option 100%
CDC2085753 Trieste Indirect Active Option 100%
CDC2085754 Trieste Indirect Active Option 100%
CDC2085755 Trieste Indirect Active Option 100%
CDC2085756 Trieste Indirect Active Option 100%
CDC2085757 Trieste Indirect Active Option 100%
CDC2085749 Trieste Indirect Active Option 100%
SFL 241 Scotty Direct Filed 80%
SFL 242 Scotty Direct Filed 80%
SFL 243 Scotty Direct Filed 80%
SFL 244 Scotty Direct Filed 80%
SFL 245 Scotty Direct Filed 80%
SFL 246 Scotty Direct Filed 80%
SFL 247 Scotty Direct Filed 80%
SFL 248 Scotty Direct Filed 80%
SFL 249 Scotty Direct Filed 80%
SFL 250 Scotty Direct Filed 80%

ADDITIONAL ASX INFORMATION

Tenement or Claim Number Location Nature Status Interest
SFL 251 Scotty Direct Filed 80%
SFL 252 Scotty Direct Filed 80%
SFL 253 Scotty Direct Filed 80%
SFL 254 Scotty Direct Filed 80%
SFL 255 Scotty Direct Filed 80%
SFL 256 Scotty Direct Filed 80%
SFL 257 Scotty Direct Filed 80%
SFL 258 Scotty Direct Filed 80%
SFL 259 Scotty Direct Filed 80%
SFL 260 Scotty Direct Filed 80%
SFL 261 Scotty Direct Filed 80%
SFL 262 Scotty Direct Filed 80%
SFL 263 Scotty Direct Filed 80%
SFL 264 Scotty Direct Filed 80%
SFL 265 Scotty Direct Filed 80%
SFL 266 Scotty Direct Filed 80%
SFL 267 Scotty Direct Filed 80%
SFL 268 Scotty Direct Filed 80%
SFL 269 Scotty Direct Filed 80%

ADDITIONAL ASX INFORMATION

Tenement or Claim Number Location Nature Status Interest
SFL 270 Scotty Direct Filed 80%
SFL 271 Scotty Direct Filed 80%
SFL 272 Scotty Direct Filed 80%
SFL 273 Scotty Direct Filed 80%
SFL 274 Scotty Direct Filed 80%
SFL 275 Scotty Direct Filed 80%
SFL 276 Scotty Direct Filed 80%
SFL 277 Scotty Direct Filed 80%
SFL 278 Scotty Direct Filed 80%
SFL 279 Scotty Direct Filed 80%
SFL 280 Scotty Direct Filed 80%
SFL 281 Scotty Direct Filed 80%
SFL 282 Scotty Direct Filed 80%
SFL 283 Scotty Direct Filed 80%
SFL 284 Scotty Direct Filed 80%
SFL 285 Scotty Direct Filed 80%
SFL 286 Scotty Direct Filed 80%
SFL 287 Scotty Direct Filed 80%
SFL 288 Scotty Direct Filed 80%

ADDITIONAL ASX INFORMATION

Tenement or Claim Number Location Nature Status Interest
SFL 289 Scotty Direct Filed 80%
SFL 290 Scotty Direct Filed 80%
SFL 291 Scotty Direct Filed 80%
SFL 292 Scotty Direct Filed 80%
SFL 293 Scotty Direct Filed 80%
SFL 294 Scotty Direct Filed 80%
SFL 295 Scotty Direct Filed 80%
SFL 296 Scotty Direct Filed 80%
SFL 297 Scotty Direct Filed 80%
SFL 298 Scotty Direct Filed 80%
SFL 299 Scotty Direct Filed 80%
SFL 300 Scotty Direct Filed 80%
SFL 301 Scotty Direct Filed 80%
SFL 302 Scotty Direct Filed 80%
SFL 303 Scotty Direct Filed 80%
SFL 304 Scotty Direct Filed 80%
SFL 305 Scotty Direct Filed 80%
SFL 306 Scotty Direct Filed 80%
SFL 307 Scotty Direct Filed 80%

ADDITIONAL ASX INFORMATION

Tenement or Claim Number Location Nature Status Interest
SFL 308 Scotty Direct Filed 80%
SFL 309 Scotty Direct Filed 80%
SFL 310 Scotty Direct Filed 80%
SFL 311 Scotty Direct Filed 80%
SFL 312 Scotty Direct Filed 80%
SFL 313 Scotty Direct Filed 80%
SFL 314 Scotty Direct Filed 80%
SFL 315 Scotty Direct Filed 80%
SFL 316 Scotty Direct Filed 80%
SFL 317 Scotty Direct Filed 80%
SFL 318 Scotty Direct Filed 80%
SFL 319 Scotty Direct Filed 80%
SFL 320 Scotty Direct Filed 80%
SFL 321 Scotty Direct Filed 80%
SFL 322 Scotty Direct Filed 80%
SFL 323 Scotty Direct Filed 80%
SFL 324 Scotty Direct Filed 80%
SFL 325 Scotty Direct Filed 80%
SFL 326 Scotty Direct Filed 80%

ADDITIONAL ASX INFORMATION

Tenement or Claim Number Location Nature Status Interest
SFL 327 Scotty Direct Filed 80%
SFL 328 Scotty Direct Filed 80%
SFL 329 Scotty Direct Filed 80%
SFL 330 Scotty Direct Filed 80%
SFL 331 Scotty Direct Filed 80%
SFL 332 Scotty Direct Filed 80%
SFL 333 Scotty Direct Filed 80%
SFL 334 Scotty Direct Filed 80%
SFL 335 Scotty Direct Filed 80%
SFL 336 Scotty Direct Filed 80%
SFL 337 Scotty Direct Filed 80%
SFL 338 Scotty Direct Filed 80%
SFL 339 Scotty Direct Filed 80%
SFL 340 Scotty Direct Filed 80%
SFL 341 Scotty Direct Filed 80%
SFL 342 Scotty Direct Filed 80%
SFL 343 Scotty Direct Filed 80%
SFL 344 Scotty Direct Filed 80%
SFL 345 Scotty Direct Filed 80%

ADDITIONAL ASX INFORMATION

Tenement or Claim Number Location Nature Status Interest
SFL 346 Scotty Direct Filed 80%
SFL 347 Scotty Direct Filed 80%
SFL 348 Scotty Direct Filed 80%
SFL 349 Scotty Direct Filed 80%
SFL 350 Scotty Direct Filed 80%
SFL 351 Scotty Direct Filed 80%
SFL 352 Scotty Direct Filed 80%
SFL 353 Scotty Direct Filed 80%
SFL 354 Scotty Direct Filed 80%
SFL 355 Scotty Direct Filed 80%
SFL 356 Scotty Direct Filed 80%
SFL 357 Scotty Direct Filed 80%
SFL 358 Scotty Direct Filed 80%
SFL 359 Scotty Direct Filed 80%
SFL 359 Scotty Direct Filed 80%
SFL 361 Scotty Direct Filed 80%
SFL 362 Scotty Direct Filed 80%
SFL 363 Scotty Direct Filed 80%
SFL 364 Scotty Direct Filed 80%

ADDITIONAL ASX INFORMATION

Tenement or Claim Number Location Nature Status Interest
SFL 365 Scotty Direct Filed 80%
SFL 366 Scotty Direct Filed 80%
SFL 367 Scotty Direct Filed 80%
SFL 368 Scotty Direct Filed 80%
SFL 369 Scotty Direct Filed 80%
SFL 370 Scotty Direct Filed 80%
SFL 371 Scotty Direct Filed 80%
SFL 372 Scotty Direct Filed 80%
SFL 373 Scotty Direct Filed 80%
SFL 374 Scotty Direct Filed 80%
SFL 375 Scotty Direct Filed 80%
SFL 376 Scotty Direct Filed 80%
SFL 377 Scotty Direct Filed 80%
SFL 378 Scotty Direct Filed 80%
SFL 379 Scotty Direct Filed 80%
SFL 380 Scotty Direct Filed 80%
SFL 381 Scotty Direct Filed 80%
SFL 382 Scotty Direct Filed 80%
SFL 383 Scotty Direct Filed 80%

ADDITIONAL ASX INFORMATION

Tenement or Claim Number Location Nature Status Interest
SFL 384 Scotty Direct Filed 80%
SFL 385 Scotty Direct Filed 80%
SFL 386 Scotty Direct Filed 80%
SFL 387 Scotty Direct Filed 80%
SFL 388 Scotty Direct Filed 80%
SFL 389 Scotty Direct Filed 80%
SFL 390 Scotty Direct Filed 80%
SFL 391 Scotty Direct Filed 80%
SFL 392 Scotty Direct Filed 80%
SFL 393 Scotty Direct Filed 80%
SFL 394 Scotty Direct Filed 80%
SFL 395 Scotty Direct Filed 80%
SFL 396 Scotty Direct Filed 80%
SFL 397 Scotty Direct Filed 80%
SFL 398 Scotty Direct Filed 80%
SFL 399 Scotty Direct Filed 80%
SFL 400 Scotty Direct Filed 80%
SFL 401 Scotty Direct Filed 80%
SFL 402 Scotty Direct Filed 80%

ADDITIONAL ASX INFORMATION

Tenement or Claim Number Location Nature Status Interest
SFL 403 Scotty Direct Filed 80%
SFL 404 Scotty Direct Filed 80%
SFL 405 Scotty Direct Filed 80%
SFL 406 Scotty Direct Filed 80%
SFL 407 Scotty Direct Filed 80%
SFL 408 Scotty Direct Filed 80%
SFL 409 Scotty Direct Filed 80%
SFL 410 Scotty Direct Filed 80%
SFL 411 Scotty Direct Filed 80%
SFL 412 Scotty Direct Filed 80%
SFL 413 Scotty Direct Filed 80%
SFL 414 Scotty Direct Filed 80%
SFL 415 Scotty Direct Filed 80%
SFL 416 Scotty Direct Filed 80%
SFL 417 Scotty Direct Filed 80%
SFL 418 Scotty Direct Filed 80%
SFL 419 Scotty Direct Filed 80%
SFL 420 Scotty Direct Filed 80%
SFL 421 Scotty Direct Filed 80%

ADDITIONAL ASX INFORMATION

Tenement or Claim Number Location Nature Status Interest
SFL 422 Scotty Direct Filed 80%
SFL 423 Scotty Direct Filed 80%
SFL 424 Scotty Direct Filed 80%
SFL 425 Scotty Direct Filed 80%
SFL 426 Scotty Direct Filed 80%
SFL 427 Scotty Direct Filed 80%
SFL 428 Scotty Direct Filed 80%
SFL 429 Scotty Direct Filed 80%
SFL 430 Scotty Direct Filed 80%
SFL 433 Scotty Direct Filed 80%
SFL 432 Scotty Direct Filed 80%
SFL 433 Scotty Direct Filed 80%
SFL 434 Scotty Direct Filed 80%
SFL 435 Scotty Direct Filed 80%
SFL 436 Scotty Direct Filed 80%
SFL 437 Scotty Direct Filed 80%
SFL 438 Scotty Direct Filed 80%
SFL 439 Scotty Direct Filed 80%
SFL 440 Scotty Direct Filed 80%

ADDITIONAL ASX INFORMATION

Tenement or Claim Number Location Nature Status Interest
SFL 441 Scotty Direct Filed 80%
SFL 442 Scotty Direct Filed 80%
SFL 443 Scotty Direct Filed 80%
SFL 444 Scotty Direct Filed 80%
SFL 445 Scotty Direct Filed 80%
SFL 446 Scotty Direct Filed 80%
SFL 447 Scotty Direct Filed 80%
SFL 448 Scotty Direct Filed 80%
SFL 449 Scotty Direct Filed 80%
SFL 450 Scotty Direct Filed 80%
SFL 451 Scotty Direct Filed 80%
SFL 452 Scotty Direct Filed 80%
SFL 453 Scotty Direct Filed 80%
SFL 454 Scotty Direct Filed 80%
SFL 455 Scotty Direct Filed 80%
SFL 456 Scotty Direct Filed 80%
SFL 457 Scotty Direct Filed 80%
SFL 458 Scotty Direct Filed 80%
SFL 459 Scotty Direct Filed 80%

ADDITIONAL ASX INFORMATION

Tenement or Claim Number Location Nature Status Interest
SFL 460 Scotty Direct Filed 80%
SFL 461 Scotty Direct Filed 80%
SFL 462 Scotty Direct Filed 80%
SFL 463 Scotty Direct Filed 80%
SFL 464 Scotty Direct Filed 80%
SFL 465 Scotty Direct Filed 80%
SFL 466 Scotty Direct Filed 80%
SFL 467 Scotty Direct Filed 80%
SFL 468 Scotty Direct Filed 80%
SFL 469 Scotty Direct Filed 80%
SFL 470 Scotty Direct Filed 80%
SFL 471 Scotty Direct Filed 80%
SFL 472 Scotty Direct Filed 80%
SFL 473 Scotty Direct Filed 80%
SFL 474 Scotty Direct Filed 80%
SFL 475 Scotty Direct Filed 80%
SFL 476 Scotty Direct Filed 80%
SFL 477 Scotty Direct Filed 80%
SFL 478 Scotty Direct Filed 80%

ADDITIONAL ASX INFORMATION

Tenement or Claim Number Location Nature Status Interest
SFL 479 Scotty Direct Filed 80%
SFL 480 Scotty Direct Filed 80%
SFL 481 Scotty Direct Filed 80%
SFL 482 Scotty Direct Filed 80%
SFL 483 Scotty Direct Filed 80%
SFL 484 Scotty Direct Filed 80%
SFL 485 Scotty Direct Filed 80%
SFL 486 Scotty Direct Filed 80%
SFL 487 Scotty Direct Filed 80%
SFL 488 Scotty Direct Filed 80%
SFL 490 Scotty Direct Filed 80%
SFL 491 Scotty Direct Filed 80%
SFL 492 Scotty Direct Filed 80%
SFL 493 Scotty Direct Filed 80%
SFL 494 Scotty Direct Filed 80%
SFL 495 Scotty Direct Filed 80%
SFL 496 Scotty Direct Filed 80%
SFL 497 Scotty Direct Filed 80%
SFL 498 Scotty Direct Filed 80%

ADDITIONAL ASX INFORMATION

Tenement or Claim Number Location Nature Status Interest
SFL 499 Scotty Direct Filed 80%
SFL 500 Scotty Direct Filed 80%
SFL 501 Scotty Direct Filed 80%
SFL 502 Scotty Direct Filed 80%
SFL 503 Scotty Direct Filed 80%
SFL 504 Scotty Direct Filed 80%
SFL 505 Scotty Direct Filed 80%
SFL 506 Scotty Direct Filed 80%
SFL 507 Scotty Direct Filed 80%
SFL 508 Scotty Direct Filed 80%
SFL 509 Scotty Direct Filed 80%
SFL 510 Scotty Direct Filed 80%
SFL 511 Scotty Direct Filed 80%
SFL 512 Scotty Direct Filed 80%
SFL 513 Scotty Direct Filed 80%
SFL 514 Scotty Direct Filed 80%
SFL 515 Scotty Direct Filed 80%
SFL 516 Scotty Direct Filed 80%
SFL 517 Scotty Direct Filed 80%

ADDITIONAL ASX INFORMATION

Tenement or Claim Number Location Nature Status Interest
SFL 518 Scotty Direct Filed 80%
SFL 519 Scotty Direct Filed 80%
SFL 520 Scotty Direct Filed 80%
SFL 521 Scotty Direct Filed 80%
SFL 522 Scotty Direct Filed 80%
SFL 523 Scotty Direct Filed 80%
SFL 524 Scotty Direct Filed 80%
SFL 525 Scotty Direct Filed 80%
SFL 526 Scotty Direct Filed 80%
SFL 527 Scotty Direct Filed 80%
SFL 528 Scotty Direct Filed 80%
SFL 529 Scotty Direct Filed 80%
SFL 530 Scotty Direct Filed 80%
SFL 531 Scotty Direct Filed 80%
SFL 532 Scotty Direct Filed 80%
SFL 533 Scotty Direct Filed 80%
SFL 534 Scotty Direct Filed 80%
SFL 535 Scotty Direct Filed 80%
SFL 536 Scotty Direct Filed 80%

ADDITIONAL ASX INFORMATION

Tenement or Claim Number Location Nature Status Interest
SFL 537 Scotty Direct Filed 80%
SFL 538 Scotty Direct Filed 80%
SFL 539 Scotty Direct Filed 80%
SFL 540 Scotty Direct Filed 80%
SFL 541 Scotty Direct Filed 80%
SFL 542 Scotty Direct Filed 80%
SFL 543 Scotty Direct Filed 80%
SFL 544 Scotty Direct Filed 80%
SFL 545 Scotty Direct Filed 80%
SFL 546 Scotty Direct Filed 80%
SFL 547 Scotty Direct Filed 80%
SFL 548 Scotty Direct Filed 80%
SFL 549 Scotty Direct Filed 80%
SFL 550 Scotty Direct Filed 80%
SFL 551 Scotty Direct Filed 80%
SFL 552 Scotty Direct Filed 80%
SFL 553 Scotty Direct Filed 80%
SFL 554 Scotty Direct Filed 80%
SFL 555 Scotty Direct Filed 80%

ADDITIONAL ASX INFORMATION

Tenement or Claim Number Location Nature Status Interest
SFL 556 Scotty Direct Filed 80%
SFL 557 Scotty Direct Filed 80%
SFL 558 Scotty Direct Filed 80%
SFL 559 Scotty Direct Filed 80%
SFL 560 Scotty Direct Filed 80%
SFL 561 Scotty Direct Filed 80%
SFL 562 Scotty Direct Filed 80%
SFL 563 Scotty Direct Filed 80%
SFL 564 Scotty Direct Filed 80%
SFL 565 Scotty Direct Filed 80%
SFL 566 Scotty Direct Filed 80%
SFL 567 Scotty Direct Filed 80%
SFL 568 Scotty Direct Filed 80%
SFL 569 Scotty Direct Filed 80%
SFL 570 Scotty Direct Filed 80%
SFL 571 Scotty Direct Filed 80%
SFL 572 Scotty Direct Filed 80%
SFL 573 Scotty Direct Filed 80%
SFL 574 Scotty Direct Filed 80%

ADDITIONAL ASX INFORMATION

Tenement or Claim Number Location Nature Status Interest
SFL 575 Scotty Direct Filed 80%
SFL 576 Scotty Direct Filed 80%
SFL 577 Scotty Direct Filed 80%
SFL 578 Scotty Direct Filed 80%
SFL 579 Scotty Direct Filed 80%
SFL 580 Scotty Direct Filed 80%
SFL 581 Scotty Direct Filed 80%
SFL 582 Scotty Direct Filed 80%
SFL 583 Scotty Direct Filed 80%
SFL 584 Scotty Direct Filed 80%
SFL 585 Scotty Direct Filed 80%
SFL 586 Scotty Direct Filed 80%
SFL 587 Scotty Direct Filed 80%
SFL 588 Scotty Direct Filed 80%
SFL 589 Scotty Direct Filed 80%
SFL 590 Scotty Direct Filed 80%
SFL 591 Scotty Direct Filed 80%
SFL 592 Scotty Direct Filed 80%
SFL 593 Scotty Direct Filed 80%

ADDITIONAL ASX INFORMATION

Tenement or Claim Number Location Nature Status Interest
SFL 594 Scotty Direct Filed 80%
SFL 595 Scotty Direct Filed 80%
SFL 596 Scotty Direct Filed 80%
SFL 597 Scotty Direct Filed 80%
SFL 598 Scotty Direct Filed 80%
SFL 599 Scotty Direct Filed 80%
SFL 600 Scotty Direct Filed 80%
SFL 601 Scotty Direct Filed 80%
SFL 602 Scotty Direct Filed 80%
SFL 603 Scotty Direct Filed 80%
SFL 604 Scotty Direct Filed 80%
SFL 605 Scotty Direct Filed 80%
SFL 606 Scotty Direct Filed 80%
SFL 607 Scotty Direct Filed 80%
SFL 608 Scotty Direct Filed 80%
SFL 609 Scotty Direct Filed 80%
SFL 610 Scotty Direct Filed 80%
SFL 611 Scotty Direct Filed 80%
SFL 612 Scotty Direct Filed 80%

ADDITIONAL ASX INFORMATION

Tenement or Claim Number Location Nature Status Interest
SFL 613 Scotty Direct Filed 80%
SFL 614 Scotty Direct Filed 80%
SFL 615 Scotty Direct Filed 80%
SFL 616 Scotty Direct Filed 80%
SFL 617 Scotty Direct Filed 80%
SFL 618 Scotty Direct Filed 80%
SFL 619 Scotty Direct Filed 80%
SFL 620 Scotty Direct Filed 80%
SFL 623 Scotty Direct Filed 80%
SFL 622 Scotty Direct Filed 80%
SFL 623 Scotty Direct Filed 80%
SFL 624 Scotty Direct Filed 80%
SFL 625 Scotty Direct Filed 80%
SFL 626 Scotty Direct Filed 80%
SFL 627 Scotty Direct Filed 80%
SFL 628 Scotty Direct Filed 80%
SFL 629 Scotty Direct Filed 80%
SFL 630 Scotty Direct Filed 80%
SFL 631 Scotty Direct Filed 80%

ADDITIONAL ASX INFORMATION

Tenement or Claim Number Location Nature Status Interest
SFL 632 Scotty Direct Filed 80%
SFL 633 Scotty Direct Filed 80%
SFL 634 Scotty Direct Filed 80%
SFL 635 Scotty Direct Filed 80%
SFL 636 Scotty Direct Filed 80%
SFL 637 Scotty Direct Filed 80%
SFL 638 Scotty Direct Filed 80%
SFL 639 Scotty Direct Filed 80%
SFL 640 Scotty Direct Filed 80%
SFL 641 Scotty Direct Filed 80%
SFL 642 Scotty Direct Filed 80%
SFL 643 Scotty Direct Filed 80%
SFL 644 Scotty Direct Filed 80%
SFL 645 Scotty Direct Filed 80%
SFL 646 Scotty Direct Filed 80%
SFL 647 Scotty Direct Filed 80%
SFL 648 Scotty Direct Filed 80%
SFL 649 Scotty Direct Filed 80%
SFL 650 Scotty Direct Filed 80%

ADDITIONAL ASX INFORMATION

Tenement or Claim Number Location Nature Status Interest
SFL 651 Scotty Direct Filed 80%
SFL 652 Scotty Direct Filed 80%
SFL 653 Scotty Direct Filed 80%
SFL 654 Scotty Direct Filed 80%
SFL 655 Scotty Direct Filed 80%
SFL 656 Scotty Direct Filed 80%
SFL 657 Scotty Direct Filed 80%
SFL 658 Scotty Direct Filed 80%
SFL 663 Scotty Direct Filed 80%
SFL 664 Scotty Direct Filed 80%
SFL 665 Scotty Direct Filed 80%
SFL 666 Scotty Direct Filed 80%
SFL 671 Scotty Direct Filed 80%
SFL 672 Scotty Direct Filed 80%
SFL 673 Scotty Direct Filed 80%
SFL 674 Scotty Direct Filed 80%
SFL 675 Scotty Direct Filed 80%
SFL 676 Scotty Direct Filed 80%
SFL 677 Scotty Direct Filed 80%

ADDITIONAL ASX INFORMATION

Tenement or Claim Number Location Nature Status Interest
SFL 678 Scotty Direct Filed 80%
SFL 679 Scotty Direct Filed 80%
SFL 680 Scotty Direct Filed 80%
SFL 681 Scotty Direct Filed 80%
SFL 682 Scotty Direct Filed 80%
SFL 683 Scotty Direct Filed 80%
SFL 684 Scotty Direct Filed 80%
SFL 685 Scotty Direct Filed 80%
SFL 686 Scotty Direct Filed 80%
SFL 687 Scotty Direct Filed 80%
SFL 688 Scotty Direct Filed 80%
SFL 689 Scotty Direct Filed 80%
SFL 690 Scotty Direct Filed 80%
SFL 691 Scotty Direct Filed 80%
SFL 692 Scotty Direct Filed 80%
SFL 693 Scotty Direct Filed 80%
SFL 694 Scotty Direct Filed 80%
SFL 695 Scotty Direct Filed 80%
SFL 696 Scotty Direct Filed 80%

ADDITIONAL ASX INFORMATION

Tenement or Claim Number Location Nature Status Interest
SFL 697 Scotty Direct Filed 80%
SFL 698 Scotty Direct Filed 80%
SFL 699 Scotty Direct Filed 80%
SFL 700 Scotty Direct Filed 80%
SFL 701 Scotty Direct Filed 80%
SFL 726 Scotty Direct Filed 80%
SFL 727 Scotty Direct Filed 80%
SFL 728 Scotty Direct Filed 80%
SFL 729 Scotty Direct Filed 80%
SFL 750 Scotty Direct Filed 80%
SFL 751 Scotty Direct Filed 80%
SFL 752 Scotty Direct Filed 80%
SFL 753 Scotty Direct Filed 80%
SFL 794 Scotty Direct Filed 80%
SFL 795 Scotty Direct Filed 80%
SFL 796 Scotty Direct Filed 80%
SFL 797 Scotty Direct Filed 80%
SFL 798 Scotty Direct Filed 80%
SFL 799 Scotty Direct Filed 80%

ADDITIONAL ASX INFORMATION

Tenement or Claim Number Location Nature Status Interest
SFL 812 Scotty Direct Filed 80%
SFL 813 Scotty Direct Filed 80%
SFL 814 Scotty Direct Filed 80%
SFL 815 Scotty Direct Filed 80%
SFL 816 Scotty Direct Filed 80%
SFL 817 Scotty Direct Filed 80%
SFL 830 Scotty Direct Filed 80%
SFL 831 Scotty Direct Filed 80%
SFL 832 Scotty Direct Filed 80%
SFL 833 Scotty Direct Filed 80%
SFL 834 Scotty Direct Filed 80%
SFL 835 Scotty Direct Filed 80%
SFL 848 Scotty Direct Filed 80%
SFL 849 Scotty Direct Filed 80%
SFL 850 Scotty Direct Filed 80%
SFL 851 Scotty Direct Filed 80%
SFL 852 Scotty Direct Filed 80%
SFL 853 Scotty Direct Filed 80%
SFL 854 Scotty Direct Filed 80%

ADDITIONAL ASX INFORMATION

Tenement or Claim Number Location Nature Status Interest
SFL 855 Scotty Direct Filed 80%
SFL 856 Scotty Direct Filed 80%
SFL 857 Scotty Direct Filed 80%
SFL 858 Scotty Direct Filed 80%
SFL 859 Scotty Direct Filed 80%
SFL 860 Scotty Direct Filed 80%
SFL 861 Scotty Direct Filed 80%
SFL 862 Scotty Direct Filed 80%
SFL 863 Scotty Direct Filed 80%
SFL 876 Scotty Direct Filed 80%
SFL 877 Scotty Direct Filed 80%
SFL 878 Scotty Direct Filed 80%
SFL 879 Scotty Direct Filed 80%
SFL 880 Scotty Direct Filed 80%
SFL 881 Scotty Direct Filed 80%
SFL 882 Scotty Direct Filed 80%
SFL 883 Scotty Direct Filed 80%
SFL 884 Scotty Direct Filed 80%
SFL 885 Scotty Direct Filed 80%

ADDITIONAL ASX INFORMATION

Tenement or Claim Number Location Nature Status Interest
SFL 886 Scotty Direct Filed 80%
SFL 887 Scotty Direct Filed 80%
SFL 888 Scotty Direct Filed 80%
SFL 889 Scotty Direct Filed 80%
SFL 890 Scotty Direct Filed 80%
SFL 893 Scotty Direct Filed 80%
SFL 892 Scotty Direct Filed 80%
SFL 893 Scotty Direct Filed 80%
SFL 906 Scotty Direct Filed 80%
SFL 907 Scotty Direct Filed 80%
SFL 908 Scotty Direct Filed 80%
SFL 909 Scotty Direct Filed 80%
SFL 910 Scotty Direct Filed 80%
SFL 911 Scotty Direct Filed 80%
SFL 912 Scotty Direct Filed 80%
SFL 913 Scotty Direct Filed 80%
SFL 914 Scotty Direct Filed 80%
SFL 915 Scotty Direct Filed 80%
SFL 916 Scotty Direct Filed 80%

ADDITIONAL ASX INFORMATION

Tenement or Claim Number Location Nature Status Interest
SFL 917 Scotty Direct Filed 80%
SFL 918 Scotty Direct Filed 80%
SFL 919 Scotty Direct Filed 80%
SFL 920 Scotty Direct Filed 80%
SFL 921 Scotty Direct Filed 80%
SFL 922 Scotty Direct Filed 80%
SFL 923 Scotty Direct Filed 80%
SFL 924 Scotty Direct Filed 80%
SFL 925 Scotty Direct Filed 80%
SFL 926 Scotty Direct Filed 80%
SFL 927 Scotty Direct Filed 80%
SFL 928 Scotty Direct Filed 80%
SFL 929 Scotty Direct Filed 80%
SFL 930 Scotty Direct Filed 80%
SFL 931 Scotty Direct Filed 80%
SFL 932 Scotty Direct Filed 80%
SFL 933 Scotty Direct Filed 80%
SFL 934 Scotty Direct Filed 80%
SFL 935 Scotty Direct Filed 80%

ADDITIONAL ASX INFORMATION

Tenement or Claim Number Location Nature Status Interest
SFL 936 Scotty Direct Filed 80%
SFL 937 Scotty Direct Filed 80%
SFL 938 Scotty Direct Filed 80%
SFL 939 Scotty Direct Filed 80%
SFL 940 Scotty Direct Filed 80%
SFL 941 Scotty Direct Filed 80%
SFL 954 Scotty Direct Filed 80%
SFL 955 Scotty Direct Filed 80%
SFL 956 Scotty Direct Filed 80%
SFL 957 Scotty Direct Filed 80%
SFL 958 Scotty Direct Filed 80%
SFL 959 Scotty Direct Filed 80%
SFL 960 Scotty Direct Filed 80%
SFL 963 Scotty Direct Filed 80%
SFL 962 Scotty Direct Filed 80%
SFL 963 Scotty Direct Filed 80%
SFL 964 Scotty Direct Filed 80%
SFL 965 Scotty Direct Filed 80%
SFL 966 Scotty Direct Filed 80%

ADDITIONAL ASX INFORMATION

Tenement or Claim Number Location Nature Status Interest
SFL 967 Scotty Direct Filed 80%
SFL 968 Scotty Direct Filed 80%
SFL 969 Scotty Direct Filed 80%
SFL 970 Scotty Direct Filed 80%
SFL 971 Scotty Direct Filed 80%
SFL 972 Scotty Direct Filed 80%
SFL 973 Scotty Direct Filed 80%
SFL 974 Scotty Direct Filed 80%
SFL 975 Scotty Direct Filed 80%
SFL 976 Scotty Direct Filed 80%
SFL 977 Scotty Direct Filed 80%
SFL 978 Scotty Direct Filed 80%
SFL 979 Scotty Direct Filed 80%
SFL 980 Scotty Direct Filed 80%
SFL 981 Scotty Direct Filed 80%
SFL 994 Scotty Direct Filed 80%
SFL 995 Scotty Direct Filed 80%
SFL 996 Scotty Direct Filed 80%
SFL 997 Scotty Direct Filed 80%

ADDITIONAL ASX INFORMATION

Tenement or Claim Number Location Nature Status Interest
SFL 998 Scotty Direct Filed 80%
SFL 999 Scotty Direct Filed 80%
SFL 1000 Scotty Direct Filed 80%
SFL 1001 Scotty Direct Filed 80%
SFL 1002 Scotty Direct Filed 80%
SFL 1003 Scotty Direct Filed 80%
SFL 1003 Scotty Direct Filed 80%
SFL 1005 Scotty Direct Filed 80%
SFL 1006 Scotty Direct Filed 80%
SFL 1007 Scotty Direct Filed 80%
SFL 1008 Scotty Direct Filed 80%
SFL 1009 Scotty Direct Filed 80%
SFL 1010 Scotty Direct Filed 80%
SFL 1011 Scotty Direct Filed 80%
SFL 1012 Scotty Direct Filed 80%
SFL 1013 Scotty Direct Filed 80%
SFL 1014 Scotty Direct Filed 80%
SFL 1015 Scotty Direct Filed 80%
SFL 1016 Scotty Direct Filed 80%

ADDITIONAL ASX INFORMATION

Tenement or Claim Number Location Nature Status Interest
SFL 1017 Scotty Direct Filed 80%
SFL 1018 Scotty Direct Filed 80%
SFL 1019 Scotty Direct Filed 80%
SFL 1020 Scotty Direct Filed 80%
SFL 1021 Scotty Direct Filed 80%
SFL 1034 Scotty Direct Filed 80%
SFL 1035 Scotty Direct Filed 80%
SFL 1036 Scotty Direct Filed 80%
SFL 1037 Scotty Direct Filed 80%
SFL 1038 Scotty Direct Filed 80%
SFL 1039 Scotty Direct Filed 80%
SFL 1040 Scotty Direct Filed 80%
SFL 1041 Scotty Direct Filed 80%
SFL 1042 Scotty Direct Filed 80%
SFL 1043 Scotty Direct Filed 80%
SFL 1044 Scotty Direct Filed 80%
SFL 1045 Scotty Direct Filed 80%
SFL 1046 Scotty Direct Filed 80%
SFL 1047 Scotty Direct Filed 80%

ADDITIONAL ASX INFORMATION

Tenement or Claim Number Location Nature Status Interest
SFL 1048 Scotty Direct Filed 80%
SFL 1049 Scotty Direct Filed 80%
SFL 1050 Scotty Direct Filed 80%
SFL 1051 Scotty Direct Filed 80%
SFL 1052 Scotty Direct Filed 80%
SFL 1053 Scotty Direct Filed 80%
SFL 1054 Scotty Direct Filed 80%
SFL 1055 Scotty Direct Filed 80%
SFL 1056 Scotty Direct Filed 80%
SFL 1057 Scotty Direct Filed 80%
SFL 1070 Scotty Direct Filed 80%
SFL 1071 Scotty Direct Filed 80%
SFL 1072 Scotty Direct Filed 80%
SFL 1073 Scotty Direct Filed 80%
SFL 1074 Scotty Direct Filed 80%
SFL 1075 Scotty Direct Filed 80%
SFL 1076 Scotty Direct Filed 80%
SFL 1077 Scotty Direct Filed 80%
SFL 1078 Scotty Direct Filed 80%

ADDITIONAL ASX INFORMATION

Tenement or Claim Number Location Nature Status Interest
SFL 1079 Scotty Direct Filed 80%
SFL 1080 Scotty Direct Filed 80%
SFL 1081 Scotty Direct Filed 80%
SFL 1082 Scotty Direct Filed 80%
SFL 1083 Scotty Direct Filed 80%
SFL 1084 Scotty Direct Filed 80%
SFL 1085 Scotty Direct Filed 80%
SFL 1086 Scotty Direct Filed 80%
SFL 1087 Scotty Direct Filed 80%
SFL 1088 Scotty Direct Filed 80%
SFL 1089 Scotty Direct Filed 80%
SFL 1090 Scotty Direct Filed 80%
SFL 1091 Scotty Direct Filed 80%
SFL 1092 Scotty Direct Filed 80%
SFL 1093 Scotty Direct Filed 80%
SFL 1106 Scotty Direct Filed 80%
SFL 1107 Scotty Direct Filed 80%
SFL 1108 Scotty Direct Filed 80%
SFL 1109 Scotty Direct Filed 80%

ADDITIONAL ASX INFORMATION

Tenement or Claim Number Location Nature Status Interest
SFL 1110 Scotty Direct Filed 80%
SFL 1111 Scotty Direct Filed 80%
SFL 1112 Scotty Direct Filed 80%
SFL 1113 Scotty Direct Filed 80%
SFL 1114 Scotty Direct Filed 80%
SFL 1115 Scotty Direct Filed 80%
SFL 1116 Scotty Direct Filed 80%
SFL 1117 Scotty Direct Filed 80%
SFL 1118 Scotty Direct Filed 80%
SFL 1119 Scotty Direct Filed 80%
SFL 1120 Scotty Direct Filed 80%
SFL 1121 Scotty Direct Filed 80%
SFL 1122 Scotty Direct Filed 80%
SFL 1123 Scotty Direct Filed 80%
SFL 1124 Scotty Direct Filed 80%
SFL 1125 Scotty Direct Filed 80%
SFL 1126 Scotty Direct Filed 80%
SFL 1127 Scotty Direct Filed 80%
SFL 1128 Scotty Direct Filed 80%

ADDITIONAL ASX INFORMATION

Tenement or Claim Number Location Nature Status Interest
SFL 1129 Scotty Direct Filed 80%
SFL 1142 Scotty Direct Filed 80%
SFL 1143 Scotty Direct Filed 80%
SFL 1144 Scotty Direct Filed 80%
SFL 1145 Scotty Direct Filed 80%
SFL 1146 Scotty Direct Filed 80%
SFL 1147 Scotty Direct Filed 80%
SFL 1148 Scotty Direct Filed 80%
SFL 1149 Scotty Direct Filed 80%
SFL 1150 Scotty Direct Filed 80%
SFL 1151 Scotty Direct Filed 80%
SFL 1152 Scotty Direct Filed 80%
SFL 1153 Scotty Direct Filed 80%
SFL 1154 Scotty Direct Filed 80%
SFL 1155 Scotty Direct Filed 80%
SFL 1156 Scotty Direct Filed 80%
SFL 1157 Scotty Direct Filed 80%
SFL 1158 Scotty Direct Filed 80%
SFL 1159 Scotty Direct Filed 80%

ADDITIONAL ASX INFORMATION

Tenement or Claim Number Location Nature Status Interest
SFL 1160 Scotty Direct Filed 80%
SFL 1161 Scotty Direct Filed 80%
SFL 1162 Scotty Direct Filed 80%
SFL 1163 Scotty Direct Filed 80%
SFL 1164 Scotty Direct Filed 80%
SFL 1165 Scotty Direct Filed 80%
M15/1876 Gibraltar
South
Direct Application 80%
P15/6074 Gibraltar
South
Direct Granted 80%
P15/6075 Gibraltar
South
Direct Granted 80%
P15/6076 Gibraltar
South
Direct Granted 80%
P15/6077 Gibraltar
South
Direct Granted 80%
P15/6078 Gibraltar
South
Direct Granted 80%
P15/6114 Gibraltar
South
Direct Granted 80%

ADDITIONAL ASX INFORMATION

Tenement or Claim Number Location Nature Status Interest
P15/6115 Gibraltar
South
Direct Granted 80%
P26/4112 Monger
North
Direct Granted 80%
P26/4139 Monger
North
Direct Granted 80%
P26/4141 Monger
North
Direct Granted 80%
P26/4143 Monger
North
Direct Granted 80%
P26/4275 Monger
North
Direct Granted 80%
P26/4507 Monger
North
Direct Granted 80%
P26/4089 Monger
North
Direct Granted 80%
P26/4103 Monger
North
Direct Granted 80%
P26/4292 Monger
North
Direct Granted 80%
P26/4101 Monger
North
Direct Granted 80%

ADDITIONAL ASX INFORMATION

Tenement or Claim Number Location Nature Status Interest
P26/4102 Monger
North
Direct Granted 80%
P26/4115 Monger
North
Direct Granted 80%
P26/4142 Monger
North
Direct Granted 80%
P26/4114 Monger
North
Direct Granted 80%
P26/4276 Monger
North
Direct Granted 80%
P26/4104 Monger
North
Direct Granted 80%
P25/2348 Monger
South
Direct Granted 80%
P25/2349 Monger
South
Direct Granted 80%
P25/2493 Monger
South
Direct Granted 80%
P26/4086 Monger
South
Direct Granted 80%
P26/4106 Monger
South
Direct Granted 80%

ADDITIONAL ASX INFORMATION

Tenement or Claim Number Location Nature Status Interest
P26/4107 Monger
South
Direct Granted 80%
P26/4108 Monger
South
Direct Granted 80%
P26/4109 Monger
South
Direct Granted 80%
P26/4110 Monger
South
Direct Granted 80%
P26/4111 Monger
South
Direct Granted 80%
P26/4113 Monger
South
Direct Granted 80%
P26/4310 Monger
South
Direct Granted 80%
P26/4409 Monger
South
Direct Granted 80%
Nevlith 1 Scotty Direct Staked 80%
Nevlith 2 Scotty Direct Staked 80%
Nevlith 3 Scotty Direct Staked 80%
Nevlith 4 Scotty Direct Staked 80%
Nevlith 5 Scotty Direct Staked 80%

ADDITIONAL ASX INFORMATION

Tenement or Claim Number Location Nature Status Interest
Nevlith 6 Scotty Direct Staked 80%
Nevlith 7 Scotty Direct Staked 80%
Nevlith 8 Scotty Direct Staked 80%
Nevlith 9 Scotty Direct Staked 80%
Nevlith 10 Scotty Direct Staked 80%
Nevlith 11 Scotty Direct Staked 80%
Nevlith 12 Scotty Direct Staked 80%
Nevlith 13 Scotty Direct Staked 80%
Nevlith 14 Scotty Direct Staked 80%
Nevlith 15 Scotty Direct Staked 80%
Nevlith 16 Scotty Direct Staked 80%
Nevlith 17 Scotty Direct Staked 80%
Nevlith 18 Scotty Direct Staked 80%
Nevlith 19 Scotty Direct Staked 80%
Nevlith 20 Scotty Direct Staked 80%
Nevlith 21 Scotty Direct Staked 80%
Nevlith 22 Scotty Direct Staked 80%
Nevlith 23 Scotty Direct Staked 80%
Nevlith 24 Scotty Direct Staked 80%

ADDITIONAL ASX INFORMATION

Tenement or Claim Number Location Nature Status Interest
Nevlith 25 Scotty Direct Staked 80%
Nevlith 26 Scotty Direct Staked 80%
Nevlith 27 Scotty Direct Staked 80%
Nevlith 28 Scotty Direct Staked 80%
Nevlith 29 Scotty Direct Staked 80%
Nevlith 30 Scotty Direct Staked 80%
Nevlith 31 Scotty Direct Staked 80%
Nevlith 32 Scotty Direct Staked 80%
Nevlith 33 Scotty Direct Staked 80%
Nevlith 34 Scotty Direct Staked 80%
Nevlith 35 Scotty Direct Staked 80%
Nevlith 36 Scotty Direct Staked 80%
Nevlith 37 Scotty Direct Staked 80%
Nevlith 38 Scotty Direct Staked 80%
Nevlith 39 Scotty Direct Staked 80%
Nevlith 40 Scotty Direct Staked 80%
Nevlith 41 Scotty Direct Staked 80%
Nevlith 42 Scotty Direct Staked 80%
Nevlith 43 Scotty Direct Staked 80%

ADDITIONAL ASX INFORMATION

Tenement or Claim Number Location Nature Status Interest
Nevlith 44 Scotty Direct Staked 80%
Nevlith 45 Scotty Direct Staked 80%
Nevlith 46 Scotty Direct Staked 80%
Nevlith 47 Scotty Direct Staked 80%
Nevlith 48 Scotty Direct Staked 80%
Nevlith 49 Scotty Direct Staked 80%
Nevlith 50 Scotty Direct Staked 80%
Nevlith 51 Scotty Direct Staked 80%
Nevlith 52 Scotty Direct Staked 80%
Nevlith 53 Scotty Direct Staked 80%
Nevlith 54 Scotty Direct Staked 80%
Nevlith 55 Scotty Direct Staked 80%
Nevlith 56 Scotty Direct Staked 80%
Nevlith 57 Scotty Direct Staked 80%
Nevlith 58 Scotty Direct Staked 80%
Nevlith 59 Scotty Direct Staked 80%
Nevlith 60 Scotty Direct Staked 80%
Nevlith 61 Scotty Direct Staked 80%
Nevlith 62 Scotty Direct Staked 80%

ADDITIONAL ASX INFORMATION

Tenement or Claim Number Location Nature Status Interest
Nevlith 63 Scotty Direct Staked 80%
Nevlith 64 Scotty Direct Staked 80%
Nevlith 65 Scotty Direct Staked 80%
Nevlith 66 Scotty Direct Staked 80%
Nevlith 67 Scotty Direct Staked 80%
Nevlith 68 Scotty Direct Staked 80%
Nevlith 69 Scotty Direct Staked 80%
Nevlith 70 Scotty Direct Staked 80%
Nevlith 71 Scotty Direct Staked 80%
Nevlith 72 Scotty Direct Staked 80%
Nevlith 73 Scotty Direct Staked 80%
Nevlith 74 Scotty Direct Staked 80%
Nevlith 75 Scotty Direct Staked 80%
Nevlith 76 Scotty Direct Staked 80%
Nevlith 77 Scotty Direct Staked 80%
Nevlith 78 Scotty Direct Staked 80%
Nevlith 79 Scotty Direct Staked 80%
Nevlith 80 Scotty Direct Staked 80%
Nevlith 81 Scotty Direct Staked 80%

ADDITIONAL ASX INFORMATION

Tenement or Claim Number Location Nature Status Interest
Nevlith 82 Scotty Direct Staked 80%
Nevlith 83 Scotty Direct Staked 80%
Nevlith 84 Scotty Direct Staked 80%
Nevlith 85 Scotty Direct Staked 80%
Nevlith 86 Scotty Direct Staked 80%
Nevlith 87 Scotty Direct Staked 80%
Nevlith 88 Scotty Direct Staked 80%
Nevlith 89 Scotty Direct Staked 80%
Nevlith 90 Scotty Direct Staked 80%
Nevlith 91 Scotty Direct Staked 80%
Nevlith 92 Scotty Direct Staked 80%
Nevlith 93 Scotty Direct Staked 80%
Nevlith 94 Scotty Direct Staked 80%
Nevlith 95 Scotty Direct Staked 80%
Nevlith 96 Scotty Direct Staked 80%
Nevlith 97 Scotty Direct Staked 80%
Nevlith 98 Scotty Direct Staked 80%
Nevlith 99 Scotty Direct Staked 80%
Nevlith 100 Scotty Direct Staked 80%

ADDITIONAL ASX INFORMATION

Tenement or Claim Number Location Nature Status Interest
Nevlith 101 Scotty Direct Staked 80%
Nevlith 102 Scotty Direct Staked 80%
Nevlith 103 Scotty Direct Staked 80%
Nevlith 104 Scotty Direct Staked 80%
Nevlith 105 Scotty Direct Staked 80%
Nevlith 106 Scotty Direct Staked 80%
Nevlith 107 Scotty Direct Staked 80%
Nevlith 108 Scotty Direct Staked 80%
Nevlith 109 Scotty Direct Staked 80%
Nevlith 110 Scotty Direct Staked 80%
Nevlith 111 Scotty Direct Staked 80%
Nevlith 112 Scotty Direct Staked 80%
Nevlith 113 Scotty Direct Staked 80%
Nevlith 114 Scotty Direct Staked 80%
Nevlith 115 Scotty Direct Staked 80%
Nevlith 116 Scotty Direct Staked 80%
Nevlith 117 Scotty Direct Staked 80%
Nevlith 118 Scotty Direct Staked 80%
Nevlith 119 Scotty Direct Staked 80%

ADDITIONAL ASX INFORMATION

Tenement or Claim Number Location Nature Status Interest
Nevlith 120 Scotty Direct Staked 80%
Nevlith 121 Scotty Direct Staked 80%
Nevlith 122 Scotty Direct Staked 80%
Nevlith 123 Scotty Direct Staked 80%
Nevlith 124 Scotty Direct Staked 80%
Nevlith 125 Scotty Direct Staked 80%
Nevlith 126 Scotty Direct Staked 80%
Nevlith 127 Scotty Direct Staked 80%
Nevlith 128 Scotty Direct Staked 80%
Nevlith 129 Scotty Direct Staked 80%
Nevlith 130 Scotty Direct Staked 80%
Nevlith 131 Scotty Direct Staked 80%
Nevlith 132 Scotty Direct Staked 80%
Nevlith 133 Scotty Direct Staked 80%
Nevlith 134 Scotty Direct Staked 80%
Nevlith 135 Scotty Direct Staked 80%
Nevlith 136 Scotty Direct Staked 80%
Nevlith 137 Scotty Direct Staked 80%
Nevlith 138 Scotty Direct Staked 80%

ADDITIONAL ASX INFORMATION

Tenement or Claim Number Location Nature Status Interest
Nevlith 139 Scotty Direct Staked 80%
Nevlith 140 Scotty Direct Staked 80%
Nevlith 141 Scotty Direct Staked 80%
Nevlith 142 Scotty Direct Staked 80%
Nevlith 143 Scotty Direct Staked 80%
Nevlith 144 Scotty Direct Staked 80%
Nevlith 145 Scotty Direct Staked 80%
Nevlith 146 Scotty Direct Staked 80%
Nevlith 147 Scotty Direct Staked 80%
Nevlith 148 Scotty Direct Staked 80%
Nevlith 149 Scotty Direct Staked 80%
Nevlith 150 Scotty Direct Staked 80%
Nevlith 151 Scotty Direct Staked 80%
Nevlith 152 Scotty Direct Staked 80%
Nevlith 153 Scotty Direct Staked 80%
Nevlith 154 Scotty Direct Staked 80%
Nevlith 155 Scotty Direct Staked 80%
Nevlith 156 Scotty Direct Staked 80%
Nevlith 157 Scotty Direct Staked 80%

ADDITIONAL ASX INFORMATION

Tenement or Claim Number Location Nature Status Interest
Nevlith 158 Scotty Direct Staked 80%
Nevlith 159 Scotty Direct Staked 80%
Nevlith 160 Scotty Direct Staked 80%
Nevlith 161 Scotty Direct Staked 80%
Nevlith 162 Scotty Direct Staked 80%
Nevlith 163 Scotty Direct Staked 80%
Nevlith 164 Scotty Direct Staked 80%
Nevlith 165 Scotty Direct Staked 80%
Nevlith 166 Scotty Direct Staked 80%
Nevlith 167 Scotty Direct Staked 80%
Nevlith 168 Scotty Direct Staked 80%
Nevlith 169 Scotty Direct Staked 80%
Nevlith 170 Scotty Direct Staked 80%
Nevlith 171 Scotty Direct Staked 80%
Nevlith 172 Scotty Direct Staked 80%
Nevlith 173 Scotty Direct Staked 80%
Nevlith 174 Scotty Direct Staked 80%
Nevlith 175 Scotty Direct Staked 80%
Nevlith 176 Scotty Direct Staked 80%

ADDITIONAL ASX INFORMATION

Tenement or Claim Number Location Nature Status Interest
Nevlith 177 Scotty Direct Staked 80%
Nevlith 178 Scotty Direct Staked 80%
Nevlith 179 Scotty Direct Staked 80%
Nevlith 180 Scotty Direct Staked 80%
Nevlith 181 Scotty Direct Staked 80%
Nevlith 182 Scotty Direct Staked 80%
Nevlith 183 Scotty Direct Staked 80%
Nevlith 184 Scotty Direct Staked 80%
Nevlith 185 Scotty Direct Staked 80%
Nevlith 186 Scotty Direct Staked 80%
Nevlith 187 Scotty Direct Staked 80%
Nevlith 188 Scotty Direct Staked 80%
Nevlith 189 Scotty Direct Staked 80%
Nevlith 190 Scotty Direct Staked 80%
Nevlith 191 Scotty Direct Staked 80%
Nevlith 192 Scotty Direct Staked 80%
Nevlith 193 Scotty Direct Staked 80%
Nevlith 194 Scotty Direct Staked 80%
Nevlith 195 Scotty Direct Staked 80%

ADDITIONAL ASX INFORMATION

Tenement or Claim Number Location Nature Status Interest
Nevlith 196 Scotty Direct Staked 80%
Nevlith 197 Scotty Direct Staked 80%
Nevlith 198 Scotty Direct Staked 80%
Nevlith 199 Scotty Direct Staked 80%
Nevlith 200 Scotty Direct Staked 80%
Nevlith 201 Scotty Direct Staked 80%
Nevlith 202 Scotty Direct Staked 80%
Nevlith 203 Scotty Direct Staked 80%
Nevlith 204 Scotty Direct Staked 80%
Nevlith 205 Scotty Direct Staked 80%
Nevlith 206 Scotty Direct Staked 80%
Nevlith 207 Scotty Direct Staked 80%
Nevlith 208 Scotty Direct Staked 80%
Nevlith 209 Scotty Direct Staked 80%
Nevlith 210 Scotty Direct Staked 80%
Nevlith 211 Scotty Direct Staked 80%
Nevlith 212 Scotty Direct Staked 80%
Nevlith 213 Scotty Direct Staked 80%
Nevlith 214 Scotty Direct Staked 80%

ADDITIONAL ASX INFORMATION

Tenement or Claim Number Location Nature Status Interest
Nevlith 215 Scotty Direct Staked 80%
Nevlith 216 Scotty Direct Staked 80%
Nevlith 217 Scotty Direct Staked 80%
Nevlith 218 Scotty Direct Staked 80%
Nevlith 219 Scotty Direct Staked 80%
Nevlith 220 Scotty Direct Staked 80%
Nevlith 221 Scotty Direct Staked 80%
Nevlith 222 Scotty Direct Staked 80%
Nevlith 223 Scotty Direct Staked 80%
Nevlith 224 Scotty Direct Staked 80%
Nevlith 225 Scotty Direct Staked 80%
Nevlith 226 Scotty Direct Staked 80%
Nevlith 227 Scotty Direct Staked 80%
Nevlith 228 Scotty Direct Staked 80%
Nevlith 229 Scotty Direct Staked 80%
Nevlith 230 Scotty Direct Staked 80%
Nevlith 231 Scotty Direct Staked 80%
Nevlith 232 Scotty Direct Staked 80%
Nevlith 233 Scotty Direct Staked 80%

ADDITIONAL ASX INFORMATION

Tenement or Claim Number Location Nature Status Interest
Nevlith 234 Scotty Direct Staked 80%
Nevlith 235 Scotty Direct Staked 80%
Nevlith 236 Scotty Direct Staked 80%
Nevlith 237 Scotty Direct Staked 80%
Nevlith 238 Scotty Direct Staked 80%
Nevlith 239 Scotty Direct Staked 80%
Nevlith 240 Scotty Direct Staked 80%
Nevlith 241 Scotty Direct Staked 80%
Nevlith 242 Scotty Direct Staked 80%
Nevlith 243 Scotty Direct Staked 80%
Nevlith 244 Scotty Direct Staked 80%
Nevlith 245 Scotty Direct Staked 80%
Nevlith 246 Scotty Direct Staked 80%
Nevlith 247 Scotty Direct Staked 80%
Nevlith 248 Scotty Direct Staked 80%
Nevlith 249 Scotty Direct Staked 80%
Nevlith 250 Scotty Direct Staked 80%
Nevlith 251 Scotty Direct Staked 80%
Nevlith 252 Scotty Direct Staked 80%

ADDITIONAL ASX INFORMATION

Tenement or Claim Number Location Nature Status Interest
Nevlith 253 Scotty Direct Staked 80%
Nevlith 254 Scotty Direct Staked 80%
Nevlith 255 Scotty Direct Staked 80%
Nevlith 256 Scotty Direct Staked 80%
Nevlith 257 Scotty Direct Staked 80%
Nevlith 258 Scotty Direct Staked 80%
Nevlith 259 Scotty Direct Staked 80%
Nevlith 260 Scotty Direct Staked 80%
Nevlith 261 Scotty Direct Staked 80%
Nevlith 262 Scotty Direct Staked 80%
Nevlith 263 Scotty Direct Staked 80%
Nevlith 264 Scotty Direct Staked 80%