OMNIA METALS GROUP LTD — Capital/Financing Update 2024

Dec 10, 2024

ASX: OM1

ASX RELEASE I 11 December 2024 EXPLORATION UPDATE – ORD BASIN PROJECT

.

HIGHLIGHTS

• Results from a 126 point UltraFine+™ sampling program

• Soil sampling over discreet late-time conductor reveals coincident Cu-Au in-soil anomaly

• Coincident Pt, Pd, and Ni in-soil anomalism over unidentified ultramafic unit

Omnia Metals Group Ltd (“ Omnia ” or the “ Company ”) is pleased to provide an update on exploration activities at its 100% owned Ord Basin Project (the “ Project ”), located 140km south of Kununurra ( Figure 1 ). The Company has received results from a 126-sample UltraFine+™ (“ UFF ”) soil geochemistry program that has highlighted a copper-gold in-soil anomaly in the Northern Exploration Target, and a coincident platinum, palladium, and nickel in-soil anomaly in the Southern Exploration Target.

The sampling process was closely monitored by representatives of the Purnululu people, marking a significant milestone as the Company strengthens its relationship with the Traditional Owners of the land on which the Ord Basin Project is located ( Figure 2 ).

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Figure 1 – Location of the Ord Basin Project, highlighting the Northern and Southern Exploration Targets.

ASX: OM1

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Figure 2 – Purnululu monitors on-site assisting with soil sampling at the Ord Basin Project.

OMNIA METALS EXECUTIVE DIRECTOR JAMES WARREN SAID….

"We have maintained a disciplined approach in advancing exploration across our portfolio, particularly focusing on our gold, copper, and nickel assets in Western Australia.

“In consultation with the Traditional Owners, we have completed our maiden program at our Ord Basin Project which marks an important milestone for the Company. The early results are highly encouraging, and we look forward to following up the soil anomalies in the new year. We are particularly interested in chasing the anomalism to the north and are in consultation with the Marlangowem People. We are currently well advanced in our planning and will update the market with future work programs at Ord Basin.

“In parallel, we continue our exhaustive efforts to meet ASX requirements for reinstating our securities and resuming trading.

“I want to thank our shareholders for their continued support and patience as we position the Company to uncover and develop critical minerals essential to the global energy transition.

“We look forward to providing further updates as we engage with the ASX and execute our exploration strategy across our diverse portfolio."

ASX: OM1

EXPLORATION UPDATE – ORD BASIN PROJECT

Surface soil sampling at the Ord Basin Project was completed as a first-pass screening technique to assess the mineralisation potential by determining whether geochemical anomalies are present at the surface. Shallow soil samples (~15cm depth) were collected by hand on 100m x 200m spaced grids.

Initial exploration efforts were focused on two primary target areas ( refer OM1 ASX release 1 Oct 2024 & Figure 2 ), aimed at identifying different styles of mineralisation:

1. Copper-Nickel Sulphide mineralisation

2. Carbonatite/Kimberlite-related mineralisation, potentially hosting Rare Earth Elements or Diamonds

The northern exploration target was centred around a discrete late-time conductor identified from aerial VTEM surveys ( refer to OM1 ASX Release 25 July 2023 ). Southern Geoscience Consultants processed and interpreted the VTEM data, identifying the anomaly as a high-priority target for follow-up work due to its potential to indicate conductive mineralisation at depth. Results from the recent soil sampling program have revealed peak gold values up to 32.8 ppb ( Figure 3 ) and copper values up to 1200 ppm in soil ( Figures 3 & 4 ).

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Figure 3 – In-soil Au anomalism in the Northern Exploration Target.

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Figure 4 – In-soil Cu anomalism in the Northern Exploration Target.

ASX: OM1

The southern exploration target was focused on a pipe-like intrusive body, with magnetic and radiometric data suggesting it may be a carbonatite or kimberlite structure. Diamond sampling was completed at the southern exploration target; however, no material results have been reported. Results from the recent soil sampling program revealed coincident anomalism between platinum group elements (platinum and palladium) and nickel within the Lamboo Province intrusive ultramafic unit. Peak PGE values over the southern exploration target reach up to 324 ppb (or 0.3 g/t) and are supported by nickel values >800 ppm ( Figure 5 ), with peak nickel values up to 1800 ppm ( Figure 6 ).

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Figure 5 – In-soil Pt + Pd, and Ni anomalism in the Southern Exploration Target.

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Figure 6 – In-soil Ni anomalism in the Southern Exploration Target.

Pending hertiage approvals from the Malarngowem Native Title group, the next stage of exploration at the Ord Basin Project will comprise a follow-up aerial VTEM survey to deliniate the extent of the discrete late-time conductor in the north of tenement E 80/5353. Based on results from the aerial VTEM survey, geological mapping and follow-up surface geochemistry sampling will be conducted in H1 2025. Following on from aerial EM surveys, on-ground Moving Loop EM (“MLEM”) surveys will be conducted over areas with coincident PGE-Ni-Cu and Au soil anomalism.

ASX: OM1

Table 1 : Soil Sample Assay Results

Sample ID	Easting	Northing	Au(ppm)	Cu(ppm)	Ni(ppm)	Pd(ppb)	Pt(ppb)
OBS0141	479857	8112417	0.0029	51.9	38.2	1	2
OBS0142	479950	8112377	0.0041	93.5	96.6	3	4
OBS0143	480064	8112380	0.0012	38.2	54	1	2
OBS0144	480139	8112383	0.0008	30.6	58.3	1	2
OBS0145	480249	8112392	0.0105	119	70.6	2	2
OBS0146	480358	8112387	0.0028	182	138	3	2
OBS0147	480464	8112385	0.0064	190	127	2	3
OBS0148	480553	8112379	0.0025	175	144	5	4
OBS0149	480665	8112374	0.0023	113	98.1	5	3
OBS0150	480752	8112385	-0.0005	79.5	72.1	2	-1
OBS0151	480850	8112384	-0.0005	84.8	65.2	1	1
OBS0152	480956	8112390	0.0034	231	58.7	2	-1
OBS0153	481050	8112387	0.0083	202	90.2	7	5
OBS0154	481148	8112375	0.0044	132	85.4	1	3
OBS0155	481248	8112372	0.0036	73.3	77.8	3	3
OBS0156	479186	8112112	-0.0005	26.9	35	-1	-1
OBS0157	479246	8112168	-0.0005	25.6	31	1	-1
OBS0158	479355	8112190	0.0005	26.4	44.4	2	1
OBS0159	479456	8112182	-0.0005	26.5	42.4	3	1
OBS0160	479531	8112159	0.0006	25.9	41.7	1	-1
OBS0161	479672	8112157	-0.0005	27.1	42	2	2
OBS0168	480339	8112171	0.0016	36.9	36.8	1	-1
OBS0169	480477	8112165	0.0059	104	143	11	9
OBS0170	480555	8112181	0.0035	54.7	109	6	6
OBS0171	480650	8112178	0.0024	61	97	5	4
OBS0172	480719	8112179	0.0006	43.1	48.2	1	3
OBS0173	480851	8112179	0.0019	40	49.4	2	-1
OBS0174	480950	8112174	-0.0005	93.8	72	1	3
OBS0175	481067	8112190	0.0093	1200	211	4	3
OBS0176	481155	8112191	0.0033	517	83.9	-1	-1
OBS0177	481258	8112175	0.0017	279	82.3	1	1
OBS0178	479556	8111986	0.0006	25.9	45.1	1	2
OBS0179	479646	8111990	0.0008	25	46.4	-1	-1
OBS0180	479746	8111980	0.0007	29.5	44	4	3
OBS0181	479835	8111974	-0.0005	25.8	44.7	-1	2
OBS0182	479948	8111980	0.001	21.4	35.4	3	3
OBS0183	480064	8111983	0.0006	21.8	32.6	1	-1
OBS0184	480157	8111982	0.0007	29.2	41.4	2	2
OBS0185	480256	8111982	-0.0005	24	28	1	2
OBS0186	480328	8111942	-0.0005	23.1	30.8	1	-1
OBS0189	480654	8111987	0.002	38.2	49.7	3	3
OBS0190	480763	8111978	0.0036	53.1	80	4	4
OBS0191	480846	8111981	0.0302	75.3	72.8	4	4
OBS0192	480947	8111985	0.001	36.9	64.9	2	2
OBS0193	481053	8111982	0.0035	40.9	58.8	3	3
OBS0194	481155	8111985	0.0012	52.6	62.4	3	2
OBS0195	481255	8111963	0.0009	44.2	60.7	1	3
OBS0197	479945	8111795	0.0006	21.3	33.4	3	2

ASX: OM1

OBS0198	480055	8111778	0.0007	22.4	30.5	5	5
OBS0199	480155	8111797	-0.0005	21.6	31.6	1	-1
OBS0200	480241	8111798	-0.0005	20.5	24.8	2	-1
OBS0201	480336	8111800	0.0005	26.7	35.7	1	-1
OBS0202	480461	8111815	-0.0005	21.7	34.5	-1	-1
OBS0203	480556	8111788	-0.0005	27.4	39	-1	-1
OBS0204	480660	8111797	0.0005	23.2	40	2	1
OBS0205	480759	8111795	0.0005	25	36.6	1	-1
OBS0206	480881	8111780	0.0006	25.8	39.4	2	1
OBS0207	480969	8111785	-0.0005	23.4	30	-1	-1
OBS0208	481061	8111769	0.0005	24.4	36.7	-1	-1
OBS0218	475457	8102985	0.0009	14.9	125	4	5
OBS0219	475458	8102916	0.0007	16.6	73.2	3	5
OBS0220	475474	8102828	0.0013	20.3	34.7	-1	-1
OBS0221	475474	8102717	-0.0005	31.2	36	1	1
OBS0231	475715	8103228	0.0006	86	1280	9	10
OBS0232	475708	8103132	0.002	86.2	927	14	15
OBS0233	475704	8103070	0.0328	85.1	962	163	161
OBS0239	475909	8104674	0.0023	185	1420	22	23
OBS0240	475888	8104625	0.0019	99.8	884	10	12
OBS0241	475874	8104517	0.0016	122	1260	9	10
OBS0242	475871	8104417	0.0051	137	1060	8	8
OBS0243	475878	8104312	0.0015	92.8	944	8	8
OBS0244	475878	8104213	0.0011	75.4	407	6	6
OBS0245	475870	8104125	0.0019	74.5	668	7	6
OBS0246	475883	8104024	0.0015	58.1	314	3	3
OBS0247	475877	8103917	0.0029	122	1230	11	11
OBS0248	475874	8103823	0.0013	72.5	468	5	6
OBS0249	475891	8103729	0.0033	114	1120	9	9
OBS0250	475883	8103617	0.004	174	1340	11	10
OBS0251	475874	8103522	0.0022	120	1270	6	7
OBS0252	475863	8103412	0.0013	71.2	814	6	7
OBS0253	475855	8103321	0.0017	68.7	743	6	4
OBS0254	475863	8103220	0.0022	133	1130	7	7
OBS0255	475861	8103117	0.0023	120	956	10	7
OBS0256	475865	8103032	0.0057	151	906	13	12
OBS0257	475881	8102947	0.0026	145	894	8	9
OBS0258	475931	8102866	0.0019	119	704	15	16
OBS0261	476143	8104807	0.0008	35.1	169	4	1
OBS0262	476071	8104702	0.0021	127	1570	13	13
OBS0263	476075	8104617	0.0023	160	1600	9	10
OBS0264	476077	8104510	0.0032	120	1370	8	8
OBS0265	476078	8104422	0.0039	150	1730	9	9
OBS0266	476078	8104326	0.0019	124	1290	5	5
OBS0267	476064	8104224	0.0022	117	1500	10	10
OBS0268	476037	8104165	0.0011	71.7	766	7	6
OBS0269	476060	8104032	0.001	83.1	834	6	5
OBS0270	476040	8103928	0.0012	69.9	787	5	4
OBS0271	476087	8103811	0.0034	144	1800	12	12
OBS0272	476078	8103727	0.0031	74.2	678	4	5
OBS0273	476060	8103619	0.0042	103	1200	7	7
OBS0274	476076	8103522	0.0028	160	1750	14	15

ASX: OM1

OBS0275	476074	8103420	0.0025	122	1170	8	10
OBS0276	476070	8103330	0.0028	180	606	7	6
OBS0284	476273	8104802	0.0024	51.8	228	3	3
OBS0285	476270	8104703	0.0007	64.3	457	6	6
OBS0286	476270	8104613	0.0027	111	1210	9	9
OBS0287	476283	8104512	0.0023	141	1400	14	14
OBS0288	476281	8104424	0.0065	125	925	6	5
OBS0289	476272	8104329	0.0069	117	1070	11	8
OBS0290	476277	8104240	0.0036	120	1110	11	12
OBS0291	476185	8104156	0.003	105	1010	12	7
OBS0292	476273	8104026	0.0011	18.6	46.1	2	1
OBS0293	476256	8103927	0.005	72.8	545	11	10
OBS0294	476260	8103826	0.0019	92.9	443	4	6
OBS0295	476233	8103712	0.0034	132	1010	11	13
OBS0297	476243	8103526	0.0026	123	641	9	8
OBS0298	476202	8103405	0.0015	18.2	25.2	2	-1
OBS0305	476397	8104829	0.0009	69.2	617	7	6
OBS0329	480048	8112472	0.0041	81.8	60.8	5	4
OBS0330	480093	8112474	0.0072	177	74.2	5	3
OBS0331	480146	8112472	0.0077	146	103	5	4
OBS0332	480196	8112474	0.0016	108	80.7	3	3
OBS0333	480261	8112475	0.0036	353	160	5	6
OBS0334	480312	8112464	0.0013	146	55.8	3	2
OBS0335	480343	8112474	0.0008	120	59.1	1	1
OBS0336	480404	8112474	0.0012	178	74.7	2	2
OBS0337	480449	8112472	0.0011	152	83.3	4	2

ABOUT THE ORD BASIN PROJECT

The Ord Basin Project comprises a 1,305 km[2] tenement package located ~140 km south of Kununurra. Access is via the unsealed Duncan Road and to the west, the Great Northern Highway is a major arterial road that services numerous mining operations in the Kimberley region.

The Ord Basin Project is situated in a rapidly emerging district prospective for Michigan-style stratigraphic copper and Norilsk-style nickel copper-PGE mineral systems.

At the Caves Prospect, historical mapping and sampling completed in 1969 identified outcropping mineralisation over an area of approximately 90m x 180m before dipping under cover.

- ENDS -

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

ASX: OM1

For further information please contact:

INVESTORS

James Warren

EXECUTIVE DIRECTOR

E. james@omniametals.com.au

MEDIA

Josh Nyman

GENERAL MANAGER - SPOKE

E. josh@hellospoke.com.au

M. +61 413 243 440

ABOUT OMNIA METALS GROUP

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.

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 Ltd, 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.

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 Executive 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.

ASX: OM1

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	•	Soil sampling is at a reconnaissance stage
techniques	cut channels, random chips, or		technique and offers only an indication of the
	specific specialised industry		tenor of underlying mineralisaiton.
	standard measurement tools
	appropriate to the minerals under	•	Soil samples were collected at a depth of
	investigation, such as down hole		~15cm. Some sample bias may have occurred
	gamma sondes, or handheld XRF		in which material may have fallen into the hole
	instruments, etc). These examples		and diluted the end of hole sample.
	should not be taken as limiting the
	broad meaning of sampling.	•	Samples were sieved to -2mm and ~500g of
	• Include reference to measures		material was collected in numbered
	taken to ensure sample		geochemical sample envelopes.
	representivity and the appropriate
	calibration of any measurement	•	Results are reported for all 126 samples
	tools or systems used.		collected.
	• 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	•	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 as no drilling completed.
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 topreferential

ASX: OM1

Criteria	JORC Code explanation	Commentary	Commentary
	loss/gainof fine/coarse material.
Logging	• Whether core and chip samples	•	Not applicable as no drilling completed.
	have been geologically and
	geotechnically logged to a level of	•	A short field description of each soil sample was
	detail to support appropriate Mineral		collected by Company geologists including
	Resource estimation, mining studies		colour, lithology and end of hole material.
	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	•	Sample preparation and laboratory analysis was
techniques	whether quarter, half or all core		undertaken at LabWest Minerals Analysis Pty
and sample	taken.		Ltd, Perth, Western Australia.
preparation	• If non-core, whether riffled, tube
	sampled, rotary split, etc and	•	Samples were dried, crushed (~2mm) and rotary
	whether sampled wet or dry.		divided where required. Pulverisaiton to 85%
	• For all sample types, the nature,		passing 75 micron is undertaken by LM1 mill,
	quality and appropriateness of the		and bowls are barren washed after each
	sample preparation technique.		sample.
	• Quality control procedures adopted
	for all sub-sampling stages to	•	This sample preparation technique and size is
	maximise representivity of samples.		considered appropriate for the type and tenor of
	• Measures taken to ensure that the		mineralisation.
	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	•	Assaying was completed by LabWest
assay data	appropriateness of the assaying and		Minerals Analysis Pty Ltd, 10 Hod Way,
and	laboratory procedures used and		Malaga WA 6090.
laboratory	whether the technique is considered
tests	partial or total.	•	For gold analysis (WAR-25); a 25g portion
	• For geophysical tools,		of pulverised sample is analysed for gold
	spectrometers, handheld XRF		content using aqua-regia digestion, with
	instruments, etc, the parameters		determination by ICP-MS to achieve high
	used in determining the analysis		recovery and low detection limits (0.5ppb).
	including instrument make and
	model, reading times, calibrations	•	For 64 element geochemical analysis
	factors applied and their derivation,		(MMA-04); the MMA technique is a
	etc.		microwave-assisted, HF- based digestion
	• Nature of quality control procedures		that effectively offers total recovery for all
	adopted (eg standards, blanks,		but the most refractory of minerals. A
	duplicates, external laboratory		portion of sample is digested in a HF-based
	checks) and whether acceptable		acid mixture under high pressure and
	levels of accuracy (ie lack of bias)		temperature in microwave apparatus for
	and precision have been		analysis, with determination of 64 elements
	established.		including rare earths by a combination of
			ICP-MS and ICP-OES.
		•	The laboratory inserted certified reference
			material and blanks into the analytical
			sequence and analysed lab duplicates.
			These appearto confirmaccuracy and

ASX: OM1

Criteria	JORC Code explanation	Commentary
		precision of the sample assays.
Verification of	• The verification of significant	•This release refers to the results from a recently
sampling and	intersections by either independent	completed 126-sample soil geochemistry
assaying	or alternative company personnel.	program.
	• The use of twinned holes.
	• Documentation of primary data, data	•All field data is directly recorded in hard copy by
	entry procedures, data verification,	on-site Company field staff, then sent
	data storage (physical and	electronically to the Chief Technical Officer in
	electronic) protocols.	the office. Assay files are received electronically
	• Discuss any adjustment to assay	from the Laboratory. All data is stored in an
	data.	access database system and maintained by a
		Database Manager.
		•All results have been collated and checked by
		the Company’s Chief Technical Officer.
Location of	• Accuracy and quality of surveys	•The coordinate reference system is
data points	used to locate drill holes (collar and	GDA94/MGA zone 52 (EPSG: 28352).
	down-hole surveys), trenches, mine
	workings and other locations used in	•A handheld GPS was used to record the position
	Mineral Resource estimation.	of the soil sampling holes. Horizontal accuracy
	• Specification of the grid system	was +/- 3 meters.
	used.
	• Quality and adequacy of	•Location accuracy at collars is considered
	topographic control.	adequate for this stage of exploration.
Data spacing	• Data spacing for reporting of	•Company soil sampling hole spacing was
and	Exploration Results.	planned at 100m intervals along 200m spaced
distribution	• Whether the data spacing and	lines at the Northern-target, and 200m intervals
	distribution is sufficient to establish	along 100m spaced lines at the Southern-target.
	the degree of geological and grade
	continuity appropriate for the	•Due to the nature of the topography, sampling to
	Mineral Resource and Ore Reserve	the full extent of the grids could not be achieved.
	estimation procedure(s) and
	classifications applied.	•The spacing is appropriate for this stage of
	• Whether sample compositing has	exploration.
	been applied.
		•The samples are not appropriate for Mineral
		Resources estimation.
Orientation of	• Whether the orientation of sampling	•Not known at this stage of exploration.
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	•Samples were collected by Company geologists
security	sample security.	and delivered directly to the lab.
Audits or	• The results of any audits or reviews	•No external audits or reviews have been
reviews	of sampling techniques and data.	completed at this stage.

ASX: OM1

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,	•	Soil sampling was completed on granted
tenement and	location and ownership including		exploration tenement E 80/5353, which forms
land tenure	agreements or material issues with		part of Omnia’s Ord Basin Project. Omnia holds
status	third parties such as joint ventures,		a 100% beneficial interest in the tenement.
	partnerships, overriding royalties,
	native title interests, historical sites,	•	There are no known impediments to operating
	wilderness or national park and		on tenement E 80/5353.
	environmental settings.
	• The security of the tenure held at the
	time of reporting along with any
	known impediments to obtaining a
	license to operate in the area.
Exploration	• Acknowledgment and appraisal of	•	The first recorded systematic exploration at the
done by other parties	exploration by other parties.		Ord Basin Project was completed by Metals Exploration N.L. as part of their Antrim Copper
			Project between 1968-1970. The main tool used
			during this broad reconnaissance program was
			stream sediment sampling. Their work revealed
			nine major and 35 minor anomalous areas
			throughout the region. Follow-up stream
			sediment samples, rock chips, and soil samples
			were collected by various explorers until 1981
			when exploration in the project area turned to
			Diamonds. Diamond exploration was completed
			by various explorers including Negri River
			Corporation Ltd, A.O. Pty Ltd and CRA
			Exploration. CRA Exploration also recognised
			the potential for base metal mineralisation and
			collected stream sediment samples. BHP
			Minerals subsequently explored the area and
			carried out geophysical surveys followed by
			geochemical sampling. Since the late 1990’s
			sporadic diamond and copper exploration was
			conducted by Ausquest Ltd, Nea Kameni Pty
			Ltd, JC Pooley and Nicholson East Pty Ltd.
			There has been no documented exploration
			within the Ord River Project area since 2009.
Geology	• Deposit type, geological setting and	•	Exploration at the Ord Basin Project is situated
	style of mineralisation.		in a rapidly emerging district prospective for
			Michigan-style stratigraphic copper and Norilsk-
			style nickel copper-PGE mineral systems.
		•	The Ord River Project covers a portion of the
			Ord Basin sediments and volcanics within the
			Hardman Syncline. Deposition of post orogenic
			sequences in the region began with the
			continental Lower to Middle Proterozoic
			Birrindudu Group, commencing probably about
			1.7Ga and composed of coarse clastic

ASX: OM1

Criteria	JORC Code explanation	Commentary
		sediments with minor felsic volcanics, shale
		and limestone. This sequence is overlain
		unconformably by the Victoria Basin
		succession, commencing with siliclastic
		sequences with minor tuff and carbonates.
Drill hole	• A summary of all information	•Not applicable as no drilling completed.
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,	•No aggregation methods used.
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
	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 as no drilling completed.
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’). _

ASX: OM1

Criteria	JORC Code explanation	Commentary	Commentary
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	•	The Company has reported all material
reporting	all Exploration Results is not		information available at the time.
	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 has reported all material
substantive	and material, should be reported		information available at the time.
exploration	including (but not limited to):
data	geological observations; geophysical
	survey results; geochemical survey
	results; bulk samples – size and
	method of treatment; metallurgical
	test results; bulk density,
	groundwater, geotechnical and rock
	characteristics; potential deleterious
	_or contaminating substances. _
Further work	• The nature and scale of planned	•	A follow-up aerial VTEM survey is planned to
	further work (eg tests for lateral		delineate the extent of the discrete late-time
	extensions or depth extensions or		conductor in the north of tenement E 80/5353.
	large-scale step-out drilling).
	• Diagrams clearly highlighting the areas of possible extensions, including the main geological	•	MLEM surveys are planned over newly identified in-soil anomalies.
	interpretations and future drilling
	areas, provided this information is
	_not commercially sensitive. _