MANDRAKE RESOURCES LIMITED — Capital/Financing Update 2025

Oct 19, 2025

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Date: 20 October 2025

ASX Code: MAN

Capital Structure Ordinary Shares: 627,259,920 Current Share Price: 2.4c Market Capitalisation: $15.0M Cash: $12.1M (Sept 2025) Debt: Nil

Directors

Lloyd Flint Non-Executive Chairman Company Secretary

James Allchurch Managing Director

Roger Fitzhardinge Non-Executive Director

Contact Details First Floor 10 Outram Street West Perth WA 6005 Australia Tel: +61 9200 3743 mandrakeresources.com.au

High Grade Lithium ‘Sweet Spots’ Identified at Utah Lithium Project

Highlights

• The 100%-owned Utah Lithium Project hosts an Inferred Resource estimate of 3.3Mt Lithium Carbonate Equivalent (LCE) [1]

• Brine Flow Modelling Study has identified two potential discrete zones of high lithium concentrations (‘sweet spots’) within the prodigious Leadville Formation

• High lithium concentration sweet spots largely overlap with high quality reservoirs characterized by enhanced permeability and elevated net pay thicknesses determined by core analyses and drill-stem tests on existing wells

• Sweet spots represent compelling targets as they incorporate several existing wells that can be re-entered and tested at low cost – access negotiations underway

• Brine Flow Modelling Study also identified potential high-grade bulk lithium brines in the Paradox Formation similar to the worldclass Smackover Formation with Paradox brine sampling containing significant lithium concentrations up to 340mg/L[2]

Mandrake Resources Limited (ASX: MAN) (Mandrake or the Company) is pleased to announce the results of the comprehensive Lithium Brine Flow Modelling Study at the 93,755 acre (approximately 379 km[2] ) 100%-owned Utah Lithium Project in the Paradox Basin.

Managing Director James Allchurch commented:

‘The comprehensive Lithium Brine Flow Modelling Study was undertaken by a leading team of technical consultants utilizing a series of existing advanced datasets including 3D seismic, petrophysical well logs and corresponding drill core, lithium brine chemistry and detailed well files.

The Study has identified two distinctive high-grade lithium brine sweet spots incorporated within Mandrake’s project area which coincides with zones of enhanced permeability and elevated net pay thickness in the Leadville Formation.

The sweet spots constitute a compelling opportunity for re-entry and testing of existing wells. Mandrake is currently negotiating well access with operators in the area.’

1 ASX announcement 22 October 2024. With the exception of the information included in this report, the Company confirms that it is not aware of any new information or data that materially affects the information included in the original market announcement. The Company confirms that the form and context in which the competent person’s findings were presented have not been materially modified from the original announcements 2 See ASX announcement of 17 September 2025

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Mandrake Resources Limited I ACN: 006 569 124 1 First Floor, 10 Outram Street West Perth WA

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Brine Flow Modelling Study

Mandrake has now completed the various work streams required to create a conceptual model of 2D lithium brine flow designed to assist with exploration targeting.

The comprehensive brine flow model has incorporated the following (Figure 1):

• Core-based porosity/permeability and flow-test permeability trends

• Fault geometries from 3D seismic and well data

• Regional lithium brine chemistry trends – Leadville and Paradox Formations

• Potentiometric surfaces for brine flow directions and migration duration

• Petra[®] -generated maps and cross sections

The model has greatly enhanced exploration at the Utah Lithium Project through the identification of zones of high-grade lithium brine within the Leadville Formation whilst also generating a reliable potentiometric vector map detailing brine flow direction, and relative brine-migration-duration within the Leadville Formation.

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Figure 1. Mandrake’s lithium brine exploration model for Mississippian-Devonian reservoirs of the Paradox Basin.

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Permeability Analysis

Permeability data for the Leadville Formation was derived from core plug analyses in eight wells and from DST results compiled by Teller and Chafin (1986)[3] , which was digitized by Mandrake’s team. Within the mapping area, a total of 17 Leadville wells were utilized to generate a geometric mean permeability grid.

Results indicate that areas with complex faulting - including fault intersections, re-activated horst and graben systems, and fault terminations - show enhanced Leadville permeability. This is most likely due to hydrothermal fluid flow along the faults resulting in increased dolomitization. Permeability values decrease progressively to the east outside of the Utah Lithium Project, consistent with regional depositional trends and with mapped Leadville net pay and thickness.

Some areas of enhanced permeability are also characterized by elevated net pay thicknesses, and a long brine flow path from the northeast, indicating large volumes of highly permeable reservoir rock in an area identified by potentiometric mapping and lithium concentration distribution analysis as containing elevated lithium brine concentrations (sweet spots) (Figures 2-3).

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Figure 2. Southwest to northeast cross section A-B highlights log porosity (green) and permeability from core data (see Figure 3 for A-B location). Net pay trends increase to the SW as the Leadville thickens and more porosity is developed. Permeability is best developed near complex faulting. Brine flow in the Leadville is from the NE to the SW.

3 Teller, R.W. and Chafin, D.T., 1986, Selected drill-stem test data for the Upper Colorado River Basin

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Basement and Potentiometric Mapping of Leadville Brines

Dissolved lithium within Leadville Formation-hosted brines is likely to have been sourced from connate water which has strongly interacted with radiogenic, high[87] Sr/[86] Sr, crystalline Precambrian basement.

Other authors studying radiogenic isotopes and dissolved noble gasses (e.g. Kim et al., 2022, Tyne et al., 2022)[4] ,[5] also support this concept of basement lithium sourcing and further demonstrate the clear geochemical separation between the underlying Mississippian Leadville and the overlying Pennsylvanian Paradox Formation.

Leadville brines that have interacted multiple times over prolonged periods with faulted/fractured basement are likely to have higher lithium concentrations due to enhanced brine–basement interactions and incorporation of soluble lithium into brines.

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Figure 3. Leadville reservoir quality map with brine flow vectors showing the location of high lithium concentration sweet spots as generated in Petra[®] .

4 Kim, J.-H. et al., 2022, Hydrogeochemical evolution of formation waters responsible for sandstone bleaching and ore mineralization in the Paradox Basin, Colorado Plateau, USA: GSA Bulletin, v. 134, p. 2589–2610

5 Tyne, R.L. et al., 2022, Basin architecture controls on the chemical evolution and He distribution of groundwater in the Paradox Basin: Earth and Planetary Science Letters, v. 589, p. 117580, doi:10.1016/j.epsl.2022.117580

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Comprehensive potentiometric brine flow mapping of the Leadville was achieved through the painstaking compilation of detailed time-pressure tests, drill stem tests (DSTs) and shut-in tests gleaned from the well files of hundreds of historical wells across the study area.

The resulting potentiometric brine flow map demonstrates distinct zones of brine influx and shows brine-flow directions within the Leadville. Lithium in the Leadville is sourced from the underlying basement, and lithium concentrations are expected to be highest where brines have had the longest residence time and most extensive basement–fluid interactions. Based on the brine flow map, areas in the southwest of the project area are interpreted as priority targets, or ‘sweet spots’, for elevated lithium brine concentrations (see Figure 3).

Paradox Formation Clastic Units – Lithium Concentrations up to 340mg/L

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Detailed modelling and assessment of the Paradox Formation has identified the potential for high-grade bulk lithium brines hosted within the constituent clastic zones. The Paradox Formation was deposited during the Pennsylvanian Subperiod in a restricted marine and salt evaporate basin that covered southwest Utah. The formation consists of 29 separate salt cycles interbedded with shales, sandstones, anhydrites and dolomites.

Mapping, interpretation and petrophysical analyses focusing on over 22 oil and gas wells within the project area has demonstrated an aggregate clastic net pay thickness[6] of 59m within the Paradox Formation. This demonstrates the significant potential for large-scale high-grade lithium brines hosted within the Paradox Formation, comparable to world-class lithium brine precincts of the Smackover Formation and Lithium Triangle of South America.

Figure 4 (left). Stratigraphic column showing clastic units and zones within the Paradox Formation. Note Zones A and B historically have returned high concentrations of lithium within brines.

Based on stratigraphic trends, Li concentration, and the major-cation balance within Pennsylvanian brines of the Paradox Basin, the clastic units were divided into Zones A (clastic units 5 to 10), B (clastic units 11 to 20) and C (clastic units 21 to 29) (Figure 2).

6 To qualify as ‘net payable thickness’ clastic material within Zones A and B must have porosity above 6% and shale volume below 70% as according to standard petrophysical log analysis of oil and gas wells across the project. The net pay cutoff ensures that non-productive clastic material is not captured in brine volume projections

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Clastic units 5 to 20, Zones A and B, within the Pennsylvanian-aged Paradox Formation, have been identified as highly prospective for lithium brines, with historical lithium concentrations of 340 mg/L from the Peterson 88-21 well and Mandrake sampling from 2024 recording 147 mg/L at the Big Indian # 1 well.

Summary and Next Steps

The Brine Flow Modelling Study has identified sweet spots within the Utah Lithium Project area that exhibit enhanced permeability and elevated net pay thicknesses within the Leadville Formation. Further, the sweet spots largely coincide with areas identified by brine chemistry analysis and potentiometric mapping as priority targets for elevated lithium brine concentrations.

Existing suspended and depleted oil and gas wells within the sweet spot areas have been reviewed as potential candidates for re-entry to facilitate flow/pressure testing and chemical analysis of brine. Negotiations with operators of existing wells within the areas have commenced together with the formulation of well work-over plans by third party consultant engineers.

About Mandrake

Mandrake is an ASX listed explorer, focused on advancing its large-scale lithium project in the prolific ‘lithium four corners’ Paradox Basin in south-eastern Utah, USA. The Company’s 100%-owned tenure position exceeds 93,000 acres (~379km[2] ) and incorporates a large-scale maiden Inferred Resource estimate of 3.3Mt Lithium Carbonate Equivalent (LCE), establishing the Utah Lithium Project as a top tier US-domiciled lithium brine asset.

Positioned within Utah’s pro-mining jurisdiction, the project benefits from a favourable regulatory environment that supports mining activities. The project has access to Tier 1 infrastructure, including power and water resources.

Furthermore, the project aligns with the proactive efforts of the US government and industry to promote domestic exploration and production of strategic and critical materials.

This announcement has been authorised for release by the Board of Mandrake Resources.

Competent Persons Statement

The information related in this announcement has been compiled and assessed under the supervision of Mr James Allchurch, Managing Director of Mandrake Resources. Mr Allchurch is a Member of the Australian Institute of Geoscientists. He has sufficient experience that is relevant to the information under consideration and to the activity being undertaken to qualify as a Competent Person as defined in the 2012 Edition of the JORC Code. Mr Allchurch consents to the inclusion in this announcement of the matters based on his information in the form and context in which it appears.

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• JORC Code, 2012 Edition – Table 1 report template

• Section 1 Sampling Techniques and Data

(Criteria in this section apply to all succeeding sections.)

• Criteria JORC Code explanation Sampling • Nature and quality of sampling (eg cut channels, random techniques chips, or specific specialised industry standard measurement tools appropriate to the minerals under investigation, such as down hole gamma sondes, or handheld XRF instruments, etc). These examples should not be taken as limiting the broad meaning of sampling.

• • Include reference to measures taken to ensure sample representivity and the appropriate calibration of any measurement tools or systems used.

• • Aspects of the determination of mineralisation that are Material to the Public Report.

• • In cases where ‘industry standard’ work has been done this would be relatively simple (eg ‘reverse circulation drilling was used to obtain 1 m samples from which 3 kg was pulverised to produce a 30 g charge for fire assay’). In other cases more explanation may be required, such as where there is coarse gold that has inherent sampling problems. Unusual commodities or mineralisation types (eg submarine nodules) may warrant disclosure of detailed information.

• Drilling • Drill type (eg core, reverse circulation, open-hole hammer, techniques rotary air blast, auger, Bangka, sonic, etc) and details (eg core diameter, triple or standard tube, depth of diamond

Commentary

•	Mandrake has not drilled any wells, instead utilising
	historical oil and gas wells to access brine.
•	A number of the historical petroleum wells were cored
	through various zones of interest to test reservoir
	characteristics.
•	Select drill core was then subjected to core plug sub-
	sampling to determine a host of reservoir characteristics.
•	Core plugs are stored at the Utah Core Research Center
	in Salt Lake City, Utah.
•	The La Sal and Lisbon 3D seismic surveys were undertaken
	in 2008 and 2012 respectively using the NAD 1927 survey
	system. Survey details below:
	Recording System:I/O, SEGD FORMAT, 3/4-NYQ MIN
	Sample Interval:2 MS SAMPLES/TRACE 2001 SYSTEM IMPERIAL
	Source:DYN, 5.5 LB AT 40 FT Source Lines:VARIOUS Group Interval:165/220 FT Shot Interval:300/220 FT Geophones:GEOSPACE 30 CT, 10 HZ, 6 PER STRING OVER 50 FT Record length:4.0 SECS
	Sample rate: 2 MS
	3D Geometry Assignment:AZIM=227 DEG; CDP BIN SIZE 110 x
	110 FT
•	Mandrake has yet to conduct any drilling at the Utah
	Lithium Project.

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Criteria	JORC	Code explanation	Commentary	Commentary
		tails, face-sampling bit or other type, whether core is	•	The historical oil and gas wells were drilled using
		oriented and if so, by what method, etc).		conventional oil and gas drill rigs that drill vertical well
				bores usingrotarydrillingtechniques.
Drill sample	•	Method of recording and assessing core and chip sample	•	Mandrake has yet to conduct drilling at the Utah Lithium
recovery		recoveries and results assessed.		Project.
	•	Measures taken to maximise sample recovery and ensure	•	The historical drill sampling recovery from the oil and gas
		representative nature of the samples.		wells is unknown.
	•	Whether a relationship exists between sample recovery and
		grade and whether sample bias may have occurred due to
		preferential loss/gain of fine/coarse material.
Logging	•	Whether core and chip samples have been geologically	•	Historical petrophysical well logs associated with the
		and geotechnically logged to a level of detail to support		historical wells include gamma-ray, neutron density,
		appropriate Mineral Resource estimation, mining studies		resistivity, sonic, mud logs.
		and metallurgical studies.	•	The petrophysical logs provide information such that
	•	Whether logging is qualitative or quantitative in nature. Core		geologists can make stratigraphic formation picks to
		(or costean, channel, etc) photography.		define the down well lithology of each well. These
	•	The total length and percentage of the relevant		interpreted lithological logs are used to prepare cross-
		intersections logged.		sections to map the reservoir and to target future well
				locations.
Sub-	•	If core, whether cut or sawn and whether quarter, half or all	•	Sub-sampling included drilling of one inch diameter core
sampling		core taken.		plugs from drill core.
techniques	•	If non-core, whether riffled, tube sampled, rotary split, etc
and sample		and whether sampled wet or dry.
preparation	•	For all sample types, the nature, quality and
		appropriateness of the sample preparation technique.
	•	Quality control procedures adopted for all sub-sampling
		stages to maximise representivity of samples.
	•	Measures taken to ensure that the sampling is representative
		of the in situ material collected, including for instance results
		for field duplicate/second-half sampling.
	•	Whether sample sizes are appropriate to the grain size of the
		material beingsampled.

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Criteria			JORC	Code explanation	Commentary	Commentary
Quality		of	•	The nature, quality and appropriateness of the assaying and	•	Mandrake has not yet drilled any wells, instead utilising
assay	data			laboratory procedures used and whether the technique is		historical petroleum company wells.
and				considered partial or total.	•	Precise analytical procedures are unknown for 3rdparty
laboratory			•	For geophysical tools, spectrometers, handheld XRF		data.
tests				instruments, etc, the parameters used in determining the
				analysis including instrument make and model, reading
				times, calibrations factors applied and their derivation, etc.
			•	Nature of quality control procedures adopted (eg
				standards, blanks, duplicates, external laboratory checks)
				and whether acceptable levels of accuracy (ie lack of bias)
				andprecision have been established.
Verification			•	The verification of significant intersections by either	•	No verification of sampling has been applied.
of sampling				independent or alternative company personnel.
and			•	The use of twinned holes.
assaying			•	Documentation of primary data, data entry procedures,
				data verification, data storage (physical and electronic)
				protocols.
			•	Discuss anyadjustment to assaydata.
Location		of	•	Accuracy and quality of surveys used to locate drill holes	•	The longitude and latitude locations of the oil and gas
data points				(collar and down-hole surveys), trenches, mine workings		wells provided by the oil and gas companies are
				and other locations used in Mineral Resource estimation.		recorded in government databases.
			•	Specification of the grid system used.	•	Locations of the wells with DST results were sourced from
			•	Quality and adequacy of topographic control.		Teller and Chafin (1986) and other public DST data on
						State websites.
					•	Well locations are identifiable in the field.
					•	The datum elevation was verified with well log headers
						andpublished surface topographic maps.
Data			•	Data spacing for reporting of Exploration Results.	•	Mandrake has yet to conduct drilling at the Utah Lithium
spacing	and		•	Whether the data spacing and distribution is sufficient to		Project.
distribution				establish the degree of geological and grade continuity
				appropriate for the Mineral Resource and Ore Reserve
				estimation procedure(s) and classifications applied.
			•	Whether sample compositinghas been applied.

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Criteria		JORC	Code explanation	Commentary	Commentary
Orientation		•	Whether the orientation of sampling achieves unbiased	•	Seismic interpretation	has	been undertaken	by
of data	in		sampling of possible structures and the extent to which this		Mandrake to evaluate	geological structures		and
relation	to		is known, considering the deposit type.		lithological units.
geological		•	If the relationship between the drilling orientation and the
structure			orientation of key mineralised structures is considered to
			have introduced a sampling bias, this should be assessed
			and reported if material.
Sample		•	The measures taken to ensure sample security.	•	Sample security procedures (if		any) as conducted by the
security					historical oil andgas companies are unknown.
Audits	or	•	The results of any audits or reviews of sampling techniques	•	No audits/reviews have been undertaken on			the
reviews			and data.		historical work conducted by		oil and gas companies to
					date.

• Section 2 Reporting of Exploration Results

(Criteria listed in the preceding section also apply to this section.)

Criteria	**JORC **	Code explanation	Commentary	Commentary
Mineral	•	Type, reference name/number, location and ownership	•	The Utah Lithium Project is located approx. 60km SSE
tenement and		including agreements or material issues with third parties		of the City of Moab, in the eastern State of Utah in the
land tenure		such as joint ventures, partnerships, overriding royalties,		United States.
status		native title interests, historical sites, wilderness or national	•	The total land position is 93,755 acres and includes:
		park and environmental settings.		o 34,670 acres within an Other Business
	•	The security of the tenure held at the time of reporting along		Agreement (OBA) with the Utah State
		with any known impediments to obtaining a licence to		Government’s School and Institutional Trust
		operate in the area.		Lands Administration (SITLA).
				o The remaining land position of approximately
				59,085 acres is comprised of over 2,950 staked
				Bureau of Land Management (BLM) placer
				claims.
			•	All the land tenure / staked BLM claims are 100%
				owned by Mandrake’s US subsidiary (Mandrake
				LithiumUSA Inc.).

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Criteria	JORC	Code explanation	Code explanation	Commentary	Commentary
Exploration	•	Acknowledgment and appraisal of exploration by other		•	Historical exploration work has been performed by oil
done by other		parties.			and gas companies who have completed
parties					hydrocarbon-specific exploration and production
					activities over the last 80 years across the lease and
					claim areas.
				•	Individual wells within oilfields continue to produce in
					the Paradox Basin and within the boundaries of the
					Utah Lithium Project.
Geology	•	Deposit type, geological setting and style of mineralisation.		•	The Project is in the north-central portion of the
					Paradox Basin.
				•	Structurally, Mandrake’s Project occurs on the
					southern margin of the "Paradox fold and fault belt",
					which consists of a series of roughly parallel,
					northwest-trending faults, northwest striking diapiric
					salt-cored anticlines and synclines in the northern part
					of the Paradox Basin.
				•	Currently, Mandrake’s lithium-brine geological target
					units are defined by the Devonian McCracken
					sandstone, the Mississippian Leadville-Ouray
					Limestone Formation (Leadville Limestone) and the
					Pennsylvanian Paradox Formation.
				•	The Leadville Limestone comprises massive to thinly
					laminated, gray, buff, and yellow limestone that were
					deposited in intertidal to subtidal environments.
				•	The Paradox Basin can be defined by the maximum
					extent of halite and potash salts in the Middle
					Pennsylvanian Paradox Formation and is composed
					of halite interbedded with gypsum, shale, sandstone,
					and dolomite deposited intermittently in a closed
					marine depositional environment.
Drill hole	•	A summary of all information material to the understanding		•	Mandrake has yet to conduct drilling at the Utah
Information		of the	exploration results including a tabulation of the		Lithium Project.
		following information for all Material drill holes:		•	The historical oil and gas wells that were cored,
		o	easting and northing of the drill hole collar		include:

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Criteria JORC Code explanation Commentary	Criteria JORC Code explanation Commentary
o elevation or RL (Reduced Level – elevation above sea level in metres) of the drill hole collar o dip and azimuth of the hole o down hole length and interception depth o hole length. • If the exclusion of this information is justified on the basis that the information is not Material and this exclusion does not detract from the understanding of the report, the Competent Person should clearly explain why this is the case.	Well	Latitude	Longitude
	NW Lisbon-C2	38.21229	-109.277
	Lisbon D 616	38.18326	-109.286
	LISBON FEDERAL3-21	38.167594	-109.179
	LISBONB-614A	38.184211	-109.257
	LISBONC-810	38.191271	-109.273
	LISBONC-910	38.186866	-109.271
	BIG INDIAN UNIT 1	38.239428	-109.275
	BIG INDIAN UNIT3	38.191401	-109.166
	Lisbon B 816	38.17676	-109.296
	NW LISBON-B2	38.174249	-109.252
	Lisbon D-816	38.175036	-109.288
	NW LISBON-USA-B1	38.18321	-109.258
	Lisbon B-610	38.198009	-109.277
	NORTHWEST LISBON-C3	38.201609	-109.273
	NW LISBON-USA-A2	38.190178	-109.268
	USA-D1	38.168601	-109.241
Data aggregation methods • In reporting Exploration Results, weighting averaging techniques, maximum and/or minimum grade truncations • •	No weighting or cut-off grades have been applied. No metal equivalent values have been reported.

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Criteria	**JORC **	Code explanation	Commentary	Commentary
		(eg cutting of high grades) and cut-off grades are usually
		Material and should be stated.
	•	Where aggregate intercepts incorporate short lengths of
		high grade results and longer lengths of low grade results,
		the procedure used for such aggregation should be stated
		and some typical examples of such aggregations should be
		shown in detail.
	•	The assumptions used for any reporting of metal equivalent
		values should be clearly stated.
Relationship	•	These relationships are particularly important in the reporting	•	Mandrake		has yet to conduct drilling at the Utah
between		of Exploration Results.		Lithium Project.
mineralisation	•	If the geometry of the mineralisation with respect to the drill	•	The oil and gas fluids (hydrocarbons and brine)				are
widths and		hole angle is known, its nature should be reported.		produced		from large, confined aquifer/reservoir
intercept	•	If it is not known and only the down hole lengths are		deposits; hence, the brine samples – as fluid media –
lengths		reported, there should be a clear statement to this effect		represent	samples from a larger pool of fluids.
		(eg ‘down hole length, true width not known’).		Accordingly, it is accurate to state that brine data do
				not have		common solid mineral deposit sample
				intervals or		intercepts. Hence downhole lengths and
				true widths		are not applicable to this type	of deposit.
Diagrams	•	Appropriate maps and sections (with scales) and	•	Relevant historical information is presented within				the
		tabulations of intercepts should be included for any		figures and		text contents of this announcement.
		significant discovery being reported These should include,
		but not be limited to a plan view of drill hole collar locations
		and appropriate sectional views.
Balanced	•	Where comprehensive reporting of all Exploration Results is	•	All data		provided and available	for	this
reporting		not practicable, representative reporting of both low and		announcement is summarised in the body of				the
		high grades and/or widths should be practiced to avoid		report.
		misleading reporting of Exploration Results.
Other	•	Other exploration data, if meaningful and material, should	•	Based on	the Mandrake’s current knowledge of			the
substantive		be reported including (but not limited to): geological		project,	all meaningful information		has been
exploration		observations; geophysical survey results; geochemical		provided.
data		survey results; bulk samples – size and method of treatment;
		metallurgical test results; bulk density, groundwater,

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Criteria	**JORC **	Code explanation	Commentary	Commentary
		geotechnical and rock characteristics; potential deleterious
		or contaminating substances.
Further work	•	The nature and scale of planned further work (eg tests for	•	Completion	of negotiations	with	operators	of
		lateral extensions or depth extensions or large-scale step-out		historical oil	and gas wells within	the sweet spot area.
		drilling).	•	Formulation	of well work-over	plans	by third party
	•	Diagrams clearly highlighting the areas of possible		consultant engineers.
		extensions, including the main geological interpretations	•	Conduct flow/pressure testing		as well as sampling
		and future drilling areas, provided this information is not		and chemical analysis of brine.
		commercially sensitive.

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