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OMNIA METALS GROUP LTD Capital/Financing Update 2023

Apr 2, 2023

65494_rns_2023-04-02_c1fa7b97-dbe3-4338-8263-352e142a652c.pdf

Capital/Financing Update

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ASX RELEASE

ASX:OM1

3 APRIL 2023

Multiple High-Priority Targets Identified from Due Diligence

Omnia Metals Group Ltd (“Omnia” or the “Company”) is pleased to update the market with r esults of the due diligence that has been completed on the Lac Des Montagnes Project (“Project”) in the James Bay region, Quebec which has confirm ed five (5) large scale outcropping “Spodumene Suite” pegmatites.

HIGHLIGHTS

  • Due diligence completed at the Lac Des Montagnes Project, James Bay, Quebec, has confirmed the highly prospective nature of the belt scale opportunity, with multiple outcropping “Spodumene Suite” pegmatites identified.

  • An additional, extensively outcropping “Spodumene Suite” pegmatite has been identified, named Senay 15, and is situated on a highly prospective trend which is 2.2km in length and 830m in width (Figure 1).

  • Total of 7 (seven) large scale “Spodumene Suite” pegmatites confirmed with newly acquired, high-resolution satellite imagery highlighting significant surface exposures of pegmatite bodies (Figures 1-4):

  • Senay 5 - 2.3km in length and 440m in width.

  • Senay 15 – 2.2km in length and 830m in width.

  • Senay 9 - 1.5km in length and 410m in width.

  • Senay 8 – 1km in length and 190m in width.

  • Senay 21 – 450m in length and 200m in width.

  • A total of 58 (fifty-eight) pegmatite granites have been historically mapped within the Project area, with satellite imagery and data review confirming at least 33 (thirty-three) pegmatites outcrop at surface. Of the 9 (nine) highly prospective “Spodumene Suite” pegmatites mapped by MERN within the Project, 7 (seven) are observed to have extensive surface expression highlighting the world class scale of the opportunity.

  • The Company has been working closely with APEX Geoscience and Canadian Mining House in preparation for the summer field season, with key Omnia personnel conducting a site visit in May for the upcoming mapping and sampling programs.

OMNIA METALS GROUP LTD │ ACN: 648 187 651 │ ASX: OMI 22 Townshend Road, SUBIACO, WA, AUSTRALIA, 6008 │ +61 08 9388 0051 [email protected] │ www.omniametals.com.au

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Omnia has completed its due diligence process, which has involved GIS database compilation, acquisition of high-resolution satellite imagery, and interpretation of results by Company and APEX Geoscience geologists. Following the completion of due diligence, multiple high-priority targets have been identified, with newly acquired, high-resolution satellite imagery confirming significant surface exposures of pegmatite bodies.

Many of the high-priority pegmatite granites, termed the “Spodumene Suite”, were originally identified by the Government of Quebec’s, Ministère des Ressources Naturelles et des Forêts (“MERN”) and are highly prospective for lithium, based on striking geological similarities with the world class Wabouchi lithium deposit (36.7Mt @ 1.16% Li¬2O), located 38 km along strike from Omnia’s Lac des Montagnes Project. Following completion of the acquisition, Omnia will turn its focus to planning and executing upcoming mapping and sampling programs.

Omnia Metals’ Executive Director, James Warren, commented:

“Through the data acquisition and interpretation process, we have identified several kilometre-scale pegmatite outcrops that we can’t wait to start mapping and sampling throughout the upcoming field season. We have a series of high-priority targets and between the Vendors, APEX Geoscience and ourselves, we have a great team ready to systematically test as many as possible, as soon as possible.

Although we still have a lot to learn, we have a significantly enhanced understanding of the geology and controls on mineralisation at the Lac des Montagnes Project, so we are all looking forward to taking the project to the next level and completing boots on ground fieldwork. We look forward to keeping the market regularly updated with news of our progress over the coming months.”

UPDATE ON DUE DILIGENCE

Omnia recently engaged APEX Geoscience (refer OM1 ASX release 23 February 2023) to assist in compiling all available geological, geochemical and geophysical data and creating a GIS data room that consists of all publicly available data relevant to the Project. Additionally, the Company has acquired high-quality, 50cm Panchromatic and 2.0m 4-Band Multispectral satellite imagery data over the Project extents which has assisted greatly in identifying outcropping pegmatites for follow up mapping and sampling. The acquired satellite imagery was collected between 2010-2021 with the majority of imagery collected around 2017. Satellite imagery for approximately five percent of the Project area is affected by cloud cover, Omnia will acquire new satellite imagery over these portions of the Project in the summer months once the snow has melted. Of the 58 (fifty-eight) pegmatite granites that have been historically mapped within the Project area, satellite imagery and data review has confirmed at least 33 (thirty-three) pegmatites outcrop at surface. Of the 9 (nine) “highly-prospective” pegmatites mapped by MERN within the Project, 7 (seven) are observed to have extensive surface expression (Table 1).

The satellite imagery has also refined the dimensions of the pegmatite bodies and highlighted the fact that multiple, kilometre-scale, highly prospective pegmatites have had very little work completed upon them historically. As previously reported (refer OM1 ASX release 15 February 2023), the Senay 5 target represents one such target where limited historical mapping has identified a kilometre-scale, highly prospective pegmatite target that satellite imagery shows to have a surface expression of 2.3km x 400m. Further due diligence and data review has highlighted additional, analogous, high-priority targets which include, but are not limited to;

  • Senay 15 – 2.2km x 830m highly prospective zone (as defined by MERN) which is interpreted to outcrop over 1.9km x 640m (Figure 1).

  • Senay 9 - 1.5km x 410m highly prospective zone (as defined by MERN) which is interpreted to outcrop over 1.2km x 320m (Figure 2).

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  • Senay 8 – 1km x 190m highly prospective zone (as defined by MERN) which is interpreted to outcrop over 800m x 140m with prominent, mapped, pegmatite ridges extending up to 200m observed in satellite imagery (Figure 3).

  • Senay 21 – 450m x 200m highly prospective zone (as defined by MERN) which, following geological review, is now interpreted to visibly outcrop over 900m x 210m and is part of a 3.2km prospective pegmatite trend (Figure 4).

These targets represent excellent early-stage opportunities for mapping and sampling to identify potential mineralised zones within the broader pegmatite bodies. Omnia’s focus for the upcoming rock chip and mapping programs, in order of priority, will be:

  1. Detailed mapping and sampling of outcropping, highly prospective, ‘Priority 1’ pegmatites targets to identify potential zones of mineralisation within the pegmatite bodies;

  2. Additional, regional mapping and sampling of ‘Priority 2’ outcropping pegmatites to further quantify the prospectivity of each pegmatite body, and;

  3. Ground truthing of ‘Priority 3’ pegmatite targets identified from aerial imagery, geophysics and geological data interpretation.

FUTURE ACTIVITIES

Omnia is currently focussed on finalising the due diligence process, in consultation with the Vendors, in preparation for completion of the acquisition at the upcoming General Meeting, to be held on the 12[th] April 2023 (refer OM1 ASX release 15 March 2023). Following completion of the acquisition, Omnia will finalise its plans and preparations for the upcoming field season. The Company has been working closely with APEX Geoscience and Canadian Mining House in preparation for the summer field season, with key Omnia personnel completing a site visit in May to engage the local Cree Nations people and relevant stakeholders. Omnia looks forward to updating Shareholders on planned activities and exploration timelines in the coming weeks.

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Figure 1: Senay 15 Target.

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Figure 2: Senay 9 Target.

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Figure 3: Senay 8 Target.

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Figure 4: Senay 21 Target belt.

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Table 1: Pegmatite granite targets over the Lac des Montagnes Project. Note: coordinates represent centroids of mapped and interpreted pegmatite granite units.

Easting Northing MERN ID DESC_LITH Priority MERN
Target Extents
Outcrop Extents
from Imagery
482597 5736895 1192884 Pegmatite granitique blanche à biotite ±
grenat ± muscovite ± tourmaline
2 1.9km x 260m 1.0km x 120m
488839 5740202 1192905 Pegmatite granitique blanche à biotite ±
grenat ± muscovite ± tourmaline
2 1.5km x 250m 0.4km x 140m
498620 5745599 1192935 Pegmatite granitique blanche à biotite ±
grenat ± muscovite ± tourmaline
3 3.4km x 180m sporadic pegmatite
outcrop/boulders
525921 5743512 1267669 Pegmatite granitique blanche à biotite ±
grenat ± muscovite ± tourmaline
2 0.4km x 175m 0.3km x 100m
526588 5743297 1267670 Pegmatite granitique blanche à biotite ±
grenat ± muscovite ± tourmaline
2 0.9km x 200m 0.4km x 170m
524043 5748446 1267721 Pegmatite granitique blanche à biotite ±
grenat ± muscovite ± tourmaline
2 1.9km x 400m 0.9km x 350m
521328 5748544 1267724 Pegmatite granitique blanche à biotite ±
grenat ± muscovite ± tourmaline
2 1.6km x 270m 0.85km x 250m
509391 5748859 1267725 Pegmatite granitique blanche à biotite ±
grenat ± muscovite ± tourmaline
2
Senay2
1.0km x 370m 30% within property
boundary
500550 5749264 1267732 Pegmatite granitique blanche à biotite ±
grenat ± muscovite ± tourmaline
3 1.2km x 400m sporadic outcrop along
lake edges
501927 5749684 1267733 Pegmatite granitique blanche à biotite ±
grenat ± muscovite ± tourmaline
3 1.3km x 450m sporadic outcrop along
lake edges
513963 5749997 1267734 Pegmatite granitique blanche à biotite ±
grenat ± muscovite ± tourmaline
3 0.9km x 200m sporadic pegmatite
outcrop/boulders
509938 5750103 1267735 Pegmatite granitique blanche à biotite ±
grenat ± muscovite ± tourmaline
1
Senay 4
1.3km x 420m 0.92km x 450m
519691 5750546 1267736 Pegmatite granitique blanche à biotite ±
grenat ± muscovite ± tourmaline
2 1.7km x 480m 1.0km x 380m
513266 5750504 1267737 Pegmatite granitique blanche à biotite ±
grenat ± muscovite ± tourmaline
3 1.3km x 450m sporadic pegmatite
outcrop/boulders
503358 5750749 1267738 Pegmatite granitique blanche à biotite ±
grenat ± muscovite ± tourmaline
3 0.9km x 240m sporadic pegmatite
outcrop/boulders
507732 5750786 1267739 Pegmatite granitique blanche à biotite ±
grenat ± muscovite ± tourmaline
1
Senay 5
1.8km x 440m 2.3km x 440m
504599 5751652 1267741 Pegmatite granitique blanche à biotite ±
grenat ± muscovite ± tourmaline
3 0.4km x 200m sporadic pegmatite
outcrop/boulders
528141 5757172 1267767 Pegmatite granitique blanche à biotite ±
grenat ± muscovite ± tourmaline
2 1.4km x 260m 1.0km x 250m
527269 5757408 1267770 Pegmatite granitique blanche à biotite ±
grenat ± muscovite ± tourmaline
2 1.8km x 380m 1.5km x 330m
520099 5757081 1267772 Pegmatite granitique blanche à biotite ±
grenat ± muscovite ± tourmaline
2 2.4km x 380m 1.5km x 190m
517742 5757332 1267773 Pegmatite granitique blanche à biotite ±
grenat ± muscovite ± tourmaline
1
Senay 8
1.0km x 190m 0.8km x 140m, multiple
pegmatite ridges
521411 5755862 1267774 Pegmatite granitique blanche à biotite ±
grenat ± muscovite ± tourmaline
2 2.9km x 880m 2.0km x 800m
526504 5757944 1267777 Pegmatite granitique blanche à biotite ±
grenat ± muscovite ± tourmaline
2 1.4km x 150m 0.9km x 130m
515204 5757922 1267778 Pegmatite granitique blanche à biotite ±
grenat ± muscovite ± tourmaline
1
Senay 9
1.5km x 410m 1.2km x 420m
523119 5757727 1267779 Pegmatite granitique blanche à biotite ±
grenat ± muscovite ± tourmaline
2 4.3km x 350m 1.0km x 250m
526015 5758372 1267780 Pegmatite granitique blanche à biotite ±
grenat ± muscovite ± tourmaline
3 1.0km x 160m 20% within property
boundary
519848 5757888 1267781 Pegmatite granitique blanche à biotite ±
grenat ± muscovite ± tourmaline
2 3.3km x 900m 1.5km x 540m
519605 5758821 1267782 Pegmatite granitique blanche à biotite ±
grenat ± muscovite ± tourmaline
2 1.2km x 290m 0.62km x 190m
514498 5759235 1267801 Pegmatite granitique blanche à biotite ±
grenat ± muscovite ± tourmaline
2 0.45km x 70m sporadic pegmatite
outcrop/boulders
509849 5754718 1267809 Pegmatite granitique blanche à biotite ±
grenat ± muscovite ± tourmaline
3 0.55km x 110m sporadic pegmatite
outcrop/boulders

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509359 5751359 1294776 Pegmatite granitique blanche à biotite ±
grenat ± muscovite ± tourmaline
3 1.1km x 230m sporadic pegmatite
outcrop/boulders
505214 5753243 1294796 Pegmatite granitique blanche à biotite ±
grenat ± muscovite ± tourmaline
3 0.3km x 45m sporadic pegmatite
outcrop/boulders
513036 5755136 1294797 Pegmatite granitique blanche à biotite ±
grenat ± muscovite ± tourmaline
3 0.45km x 190m sporadic pegmatite
outcrop/boulders
517549 5758572 1294798 Pegmatite granitique blanche à biotite ±
grenat ± muscovite ± tourmaline
3 0.82km x 260m sporadic pegmatite
outcrop/boulders
542564 5744428 1301921 Pegmatite granitique blanche à biotite ±
grenat ± muscovite ± tourmaline
2
Senay23
0.9km x 200m 30% within property
boundary
539630 5746624 1301934 Pegmatite granitique blanche à biotite ±
grenat ± muscovite ± tourmaline
1
Senay 16
0.86km x 200m 0.5km x 160m
547508 5747898 1301951 Pegmatite granitique blanche à biotite ±
grenat ± muscovite ± tourmaline
3 1.5km x 260m outcrop along lake &
island edges
549108 5748088 1301952 Pegmatite granitique blanche à biotite ±
grenat ± muscovite ± tourmaline
3 0.94km x 240m outcrop along lake
edges
550163 5748474 1301960 Pegmatite granitique blanche à biotite ±
grenat ± muscovite ± tourmaline
2 0.88kmx 150m 0.63km x 100m
551299 5749159 1301965 Pegmatite granitique blanche à biotite ±
grenat ± muscovite ± tourmaline
1
Senay 21
0.45km x 200m 0.76km x 180m
543325 5754933 1302016 Pegmatite granitique blanche à biotite ±
grenat ± muscovite ± tourmaline
3 0.7km x 310m sporadic pegmatite
outcrop/boulders
558446 5755262 1302018 Pegmatite granitique blanche à biotite ±
grenat ± muscovite ± tourmaline
3 0.9km x 460m sporadic pegmatite
outcrop/boulders
550398 5755770 1302020 Pegmatite granitique blanche à biotite ±
grenat ± muscovite ± tourmaline
3 0.95km x 250m sporadic pegmatite
outcrop/boulders
547252 5755818 1302022 Pegmatite granitique blanche à biotite ±
grenat ± muscovite ± tourmaline
2 0.8km x 220m 0.55km x 200m
554357 5756288 1302023 Pegmatite granitique blanche à biotite ±
grenat ± muscovite ± tourmaline
2 1.1km x 220m 0.7km x 170m
542005 5756100 1302025 Pegmatite granitique blanche à biotite ±
grenat ± muscovite ± tourmaline
3 1.6km x 310m sporadic pegmatite
outcrop/boulders
542558 5756444 1302029 Pegmatite granitique blanche à biotite ±
grenat ± muscovite ± tourmaline
3 3.1km x 500m requires confirmatory
mapping/sampling
551238 5757122 1302031 Pegmatite granitique blanche à biotite ±
grenat ± muscovite ± tourmaline
2 1.0km x 460m 3 pegmatite ridges up to
300m x 100m in
dimension
556230 5757191 1302032 Pegmatite granitique blanche à biotite ±
grenat ± muscovite ± tourmaline
2 0.8km x 320m 0.7km x 240m
543804 5757521 1302036 Pegmatite granitique blanche à biotite ±
grenat ± muscovite ± tourmaline
2 1.6km x 230m 0.14km x 50m
551293 5757853 1302039 Pegmatite granitique blanche à biotite ±
grenat ± muscovite ± tourmaline
3 2.6km x 660m sporadic pegmatite
outcrop/boulders
551005 5758636 1302040 Pegmatite granitique blanche à biotite ±
grenat ± muscovite ± tourmaline
3 0.6km x 170m requires confirmatory
mapping/sampling
542198 5759059 1302042 Pegmatite granitique blanche à biotite ±
grenat ± muscovite ± tourmaline
2 0.4km x 260m 0.52km x 200m
557414 5759627 1302046 Pegmatite granitique blanche à biotite ±
grenat ± muscovite ± tourmaline
2 0.85km x 200m sporadic pegmatite
outcrop/boulders
554658 5760212 1302054 Pegmatite granitique blanche à biotite ±
grenat ± muscovite ± tourmaline
2 1.4km x 380m 0.7km x 250m
535627 5760391 1302056 Pegmatite granitique blanche à biotite ±
grenat ± muscovite ± tourmaline
2 1.3km x 1.0km 0.7km x 300m
556423 5760954 1302057 Pegmatite granitique blanche à biotite ±
grenat ± muscovite ± tourmaline
3 1.2km x 340m requires confirmatory
mapping/sampling
568205 5759912 1303239 Pegmatite granitique blanche à biotite ±
grenat ± muscovite ± tourmaline
1
Senay 15
2.8km x 830m 1.9km x 640m

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This announcement is approved for release by the Board of Omnia Metals Group

For further information please contact:

James Warren Anna MacKintosh Managing Director Company Secretary [email protected] [email protected]

About Omnia

Omnia Metals Group Ltd (ASX:OM1) goal is to become a leader in the exploration, and development, of future facing commodities used in advanced technologies and essential to the global energy transition.

Omnia continues to progress its highly prospective Ord Basin Project through extensive approval process in consultation with the local Native Title groups and relevant stakeholders. The Ord Basin Project consists of 1,305km[2] of tenure situated in an emerging district prospective for Norilsk-style nickel-copper-PGE and stratigraphic copper mineral systems. Due to the impact of the extensive flooding in the Kimberley region (which does not materially impact the Company’s intentions with respect to the Projects), Omnia expects further delays in conducting on-ground exploration at the Ord Basin Project. The Company will continue to monitor the situation over the coming weeks and months and will update the market as more information comes to light.

The Salt Creek Project covers an area of approximately 223km[2] and is prospective for copper, nickel and gold mineral systems. The Company is currently completing a 9,000m drilling program at the Salt Creek Project targeting gold and nickel-copper mineralisation.

Omnia reaffirms its commitment to complete the exploration programs as outlined in the Company Prospectus.

Competent Persons Statement

The information in this report which relates to Exploration Results is based on information compiled by Dr. James Warren, a Competent Person who is a member of the Australian Institute of Geoscientists. Dr. Warren is the Managing Director of Omnia Metals Group Ltd. Dr. Warren has sufficient experience relevant to the style of mineralisation and type of deposit under consideration and to the activity he is undertaking to qualify as a Competent Person as defined in the 2012 Edition of the “Australian Code of Reporting of Exploration Results, Mineral Resources and Ore Reserves”. Dr. Warren consents to the inclusion in this report of the matters based on the information in the form and context in which it appears.

Forward Looking Statements

Statements contained in this release, particularly those regarding possible or assumed future performance, costs, dividends, production levels or rates, prices, resources, reserves or potential growth of Omnia Metals Group Limited, are, or may be, forward looking statements. Such statements relate to future events and expectations and, as such, involve known and unknown risks and uncertainties. Actual results and developments may differ materially from those expressed or implied by these forward-looking statements depending on a variety of factors.

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References

BANDYAYERA, B. 2022. Ministry of Energy and Natural Resources (MERN). Lac des Montagnes Group. Quebec Stratigraphic Lexicon. https://gq.mines.gouv.qc.ca/lexique-stratigraphique/province-du-superieur/groupedu-lac-des-montagnes_en

BANDYAYERA, D., CARON-CÔTÉ, E., 2019. Geology of the Montagnes Lake area, La Grande, Nemiscau and Opatica subprovinces, Eeyou Istchee James Bay, Quebec, Canada. MERN; BG 2019-03 , 1 plan.

BELAND, C. 2011. Geochemistry and Geochronology of the Whabouchi Pegmatite Dykes as Revealed Through Zircon. University of Toronto; end of study project, 103 pages.

VALIQUETTE, G. 1963. Geology of the Lac des Montagnes region, Mistassini territory. MNR. RP 500 , 12 pages, 1 plan.

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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 Commentary Commentary
Sampling Nature and quality of sampling (eg No sampling completed by the Company.
techniques cut channels, random chips, or Work pertaining to the release has involved
specific specialised industry geological interpretation of publicly available
standard measurement tools datasets
which
are
available
through
appropriate to the minerals under sigeom.mines.gouv.qc.ca
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




Ministère des Ressources naturelles et des
Forêts (MERN), the Quebec geological survey,
has completed mapping with rock types
descriptions made publicly available and
provided in Table 1.
Sample locations are outlined in Table 1.
No assay data is available for MERN rock
samples referred to in the body of the text.
The Company is to complete reconnaissance
work to verify publicly available data.
The Company acquired 1600Km2 Archived
the Public Report.
In cases where ‘industry standard’
work has been done this would be
DigitalGlobe / 50cm Panchromatic & 2.0m 4-
Band Multispectral / Collected 2010-2021
through Satellite Imaging Corporation, Houston
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

Texas.
For the new collections, in areas with cloud
cover in archive imagery, the Gokturk 50cm
sensor will be used in the upcoming
spring/summer seasons.
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 No drilling completed
techniques circulation, open-hole hammer,
rotary air blast, auger, Bangka,
sonic, etc) and details (eg core
diameter, triple or standard tube,
depth of diamond tails, face-
sampling bit or other type, whether
core is oriented and if so, by what
method, etc).
Drill sample Method of recording and assessing Not applicable
recovery core and chip sample recoveries
and results assessed.
Measures taken to maximise
sample recovery and ensure
representative nature of the
samples.
Whether a relationship exists
between sample recovery and grade
and whether sample bias may have
occurred due to preferential
loss/gainof fine/coarse material.

1

Criteria JORC Code explanation Commentary Commentary
Logging Whether core and chip samples Not applicable
have been geologically and
geotechnically logged to a level of
detail to support appropriate Mineral
Resource estimation, mining studies
and metallurgical studies.
Whether logging is qualitative or
quantitative in nature. Core (or
costean, channel, etc) photography.
The total length and percentage of
_the relevant intersections logged. _
Sub-sampling
If core, whether cut or sawn and
Not applicable
techniques whether quarter, half or all core
and sample taken.
preparation If non-core, whether riffled, tube
sampled, rotary split, etc and
whether sampled wet or dry.
For all sample types, the nature,
quality and appropriateness of the
sample preparation technique.
Quality control procedures adopted
for all sub-sampling stages to
maximise representivity of samples.
Measures taken to ensure that the
sampling is representative of the in
situ material collected, including for
instance results for field
duplicate/second-half sampling.
Whether sample sizes are
appropriate to the grain size of the
_material being sampled. _
Quality of The nature, quality and Geophysical datasets and aerial imagery
assay data appropriateness of the assaying and was sourced from Ministère des Ressources
and laboratory procedures used and naturelles et des Forêts (MERN), the
laboratory whether the technique is considered Quebec geological survey.
tests partial or total. Interpretation of the geophysical dataset and
For geophysical tools, aerial imagery was completed by the
spectrometers, handheld XRF Competent Person,
instruments, etc, the parameters The Company acquired 1600Km2 Archived
used in determining the analysis DigitalGlobe / 50cm Panchromatic & 2.0m 4-
including instrument make and Band Multispectral / Collected 2010-2021
model, reading times, calibrations through Satellite Imaging Corporation, Houston
factors applied and their derivation, Texas.
etc. MERN has completed mapping with rock type
Nature of quality control procedures
adopted (eg standards, blanks,
duplicates, external laboratory
checks) and whether acceptable
levels of accuracy (ie lack of bias)
and precision have been
established.

descriptions and geological maps made publicly
available through sigeom.mines.gouv.qc.ca
The Company is to complete reconnaissance
work to verify publicly available data.
Omnia recently engaged APEX Geoscience
(refer OM1 ASX release 23 February 2023) to
assist in compiling all available geological,
geochemical and geophysical data and creating
a GIS data room that consists of all publicly
available data relevant to the Project.
Verification of
The verification of significant
The information pertaining to the release has
sampling and intersections by either independent been verified by the Competent Person and
assaying or alternative company personnel. APEX Geoscience geologists.
The use of twinned holes.
Documentation of primary data, data

2

Criteria JORC Code explanation Commentary
entry procedures, data verification,
data storage (physical and
electronic) protocols.
Discuss any adjustment to assay
_data. _
Location of Accuracy and quality of surveys •The location of data points referred to in the
data points used to locate drill holes (collar and release have been verified by the Competent
down-hole surveys), trenches, mine Person and APEX Geoscience geologists.
workings and other locations used in
Mineral Resource estimation.
Specification of the grid system
used.
Quality and adequacy of
topographic control.
Data spacing Data spacing for reporting of •Not applicable
and Exploration Results.
distribution Whether the data spacing and
distribution is sufficient to establish
the degree of geological and grade
continuity appropriate for the
Mineral Resource and Ore Reserve
estimation procedure(s) and
classifications applied.
Whether sample compositing has
_been applied. _
Orientation of Whether the orientation of sampling •Not applicable
data in achieves unbiased sampling of
relation to possible structures and the extent to
geological which this is known, considering the
structure deposit type.
If the relationship between the
drilling orientation and the
orientation of key mineralised
structures is considered to have
introduced a sampling bias, this
should be assessed and reported if
material.
Sample The measures taken to ensure •Not applicable
security sample security.
Audits or The results of any audits or reviews •The Company has undertaken extensive due
reviews of sampling techniques and data. diligence on the Project, in consultation with
APEX Geoscience, and believes the property to
be highly prospective for LCT pegmatites.
•The Company will be completing rock chip
sampling and mapping programs in the coming
months to test the prospectivity of the interpreted
pegmatite targets.
•Review of geological and geophysical maps and
imagery was completed by the Competent
Person in consultation with APEX Geoscience
geologists.

Section 2 Reporting of Exploration Results

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

Criteria JORC Code explanation Commentary
Mineral Type, reference name/number, •Information pertaining to mineral claims under
tenement and
location and ownership including
the proposedAcquisition have beenpreviously

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Criteria JORC Code explanation Commentary Commentary
land tenure agreements or material issues with announced, refer to OM1 ASX Release dated 7th
status third parties such as joint ventures, February 2023.
partnerships, overriding royalties,
native title interests, historical sites,
wilderness or national park and
environmental settings.
The security of the tenure held at the
time of reporting along with any
known impediments to obtaining a
_licence to operate inthe area. _
Exploration Acknowledgment and appraisal of •Geological and geophysical datasets were
done by other
exploration by other parties.
sourced from Ministère
des
Ressources
parties naturelles et des Forêts (MERN), the Quebec
geological survey.
•Recently, MERN released a new 1:50,000 scale
geological map of the Lac des Montagnes region
which has defined several new stratigraphic units
and sub- units and led to significantly enhanced
understanding of the economic geology of the
belt. Prospectivity analysis, for a variety of
commodities was completed as part of the
process with prospective areas for lithium, gold
and base
metal
mineralisation
identified
(Bandyayera, 2022).
•References are provided in the body of the text
Geology Deposit type, geological setting and •Regionally the geology is dominated by Archean
style of mineralisation. mafic/ultramafic and sedimentary lithologies
intruded by granites.
Drill hole A summary of all information •Not applicable.
Information material to the understanding of the
exploration results including a
tabulation of the following
information for all Material drill holes:
o easting and northing of the drill
hole collar
o elevation or RL (Reduced Level –
elevation above sea level in
metres) of the drill hole collar
o dip and azimuth of the hole
o down hole length and
interception depth
o 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. _
Data In reporting Exploration Results, •Not applicable.
aggregation weighting averaging techniques,
methods maximum and/or minimum grade
truncations (eg cutting of high
grades) and cut-off grades are
usually Material and should be
stated.
Where aggregate intercepts
incorporate short lengths of high
_grade results and longer lengths of _

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Criteria JORC Code explanation Commentary Commentary
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 Not applicable.
between important in the reporting of
mineralisation
Exploration Results.
widths and If the geometry of the mineralisation
intercept with respect to the drill hole angle is
lengths known, its nature should be
reported.
If it is not known and only the down
hole lengths are reported, there
should be a clear statement to this
effect (eg ‘down hole length, true
_width not known’). _
Diagrams Appropriate maps and sections (with
Appropriate diagrams are included in the body of
scales) and tabulations of intercepts the release.
should be included for any
significant discovery being reported
These should include, but not be
limited to a plan view of drill hole
collar locations and appropriate
_sectional views. _
Balanced Where comprehensive reporting of Not applicable,
reporting all Exploration Results is not
practicable, representative reporting
of both low and high grades and/or
widths should be practiced to avoid
misleading reporting of Exploration
_Results. _
Other Other exploration data, if meaningful
The Company continues to complete a thorough
substantive and material, should be reported geological review of all available data and will
exploration including (but not limited to): collate and interpret all available data as part of
data geological observations; geophysical the Company’s due diligence.
survey results; geochemical survey The Company is to complete reconnaissance
results; bulk samples – size and work to verify publicly available data.
method of treatment; metallurgical The Company acquired 1600Km2 Archived
test results; bulk density, DigitalGlobe / 50cm Panchromatic & 2.0m 4-
groundwater, geotechnical and rock Band Multispectral / Collected 2010-2021
characteristics; potential deleterious through Satellite Imaging Corporation, Houston
or contaminating substances. Texas.
Further work The nature and scale of planned The Company plans to complete reconnaissance
further work (eg tests for lateral mapping and sampling initially.
extensions or depth extensions or The Company will update the market with
large-scale step-out drilling). proposed future work programs.
Diagrams clearly highlighting the
areas of possible extensions,
including the main geological
interpretations and future drilling
areas, provided this information is
_not commercially sensitive. _

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