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ORE RESOURCES LIMITED Capital/Financing Update 2025

May 26, 2025

65504_rns_2025-05-26_bb440875-afaa-4cd1-9957-0b7088b10115.pdf

Capital/Financing Update

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27 May 2025

ASX ANNOUNCEMENT

KEY GOLD PROSPECTS IDENTIFIED AT MIRIAM

Highlights

  • Historical drilling data review completed on recently consolidated Miriam Project, following FBM’s acquisition of the gold and base metal rights (plus residual lithium rights).

  • Review highlights consistent and continuous gold mineralisation previously intersected over a strike of more than 600m at the Forrest prospect.

  • Drilling at Forrest has intercepted shallow gold believed to be regolith and fresh rock hosted; significant intercepts include:

  • 12m @ 2.09g/t from Au from 60m (MRC97-15)

  • 10m @ 2.51g/t from Au from 30m (FGA002)

  • 10m @ 2.09 g/t Au from 30m and 4m @ 4.86 g/t Au from 73m (MRC97-5)

  • 5m @ 7.35 g/t Au from 70m (MRC97-25)

  • 8m @ 1.63 g/t Au from 28m (MRC97-17)

  • 9m @ 1.07 g/t Au from 51m (MRC97-12)

  • The gold mineralisation at Forrest remains open at depth and to the north-east and southwest; these zones represent priority targets for initial follow-up Miriam drilling.

  • Two further gold occurrences also identified at Forrest South (16m @ 0.94g/t Au from 44m) and Jungle (4m @ 3.37g/t Au from 97m).

  • Litho-geophysics and geochemistry review on Miriam in progress.

  • Initial drill program at Miriam set to commence in July 2025, with RC drilling to be focussed on prospective gold targets (including Forrest).

  • Fully permitted to conduct planned exploration and drilling activities at the Miriam Project.

  • FBM well-funded to undertake all planned exploration activities through 2025 and beyond with a strong cash balance of A$7.4 million and zero debt (as at 31 March 2025).

Future Battery Minerals Ltd ( ASX: FBM ) ( FBM or the Company ) is pleased to advise that it has completed its review of available historical geological and drilling data for its recently consolidated and now 100%-owned Miriam Project, which is located in the W.A. Goldfields region of Western Australia.

FBM Managing Director and CEO, Nick Rathjen, commented:

“The results of this initial gold-focussed geological and drill data review of Miriam are highly encouraging. We now plan to overlay these identified zones with the outcomes from the geophysical and geochemical data review currently in progress. This process will allow us to refine our initial pipeline of key gold targets, in preparation for targeted maiden drilling of these targets commencing in July.

“We are excited to be approaching our first drilling program at Miriam. The project is an undeniably attractive exploration opportunity, offering structurally controlled gold prospectivity (along with lithium opportunity) matched with multiple potential commercialisation pathways given its proximity to established process facilities for both gold and lithium.”

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ASX: FBM

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[email protected] +61 8 6383 7817 futurebatteryminerals.com.au

Future Battery Minerals Ltd Suite 10, 38 Colin St, West Perth WA 6005 ABN 91 148 966 545

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Miriam prospectivity overview

The Miriam Project tenure covers a region of the Coolgardie Greenstone Belt overlying a suite of mafic and ultramafic units along with felsic intrusives. Miriam also overlies formations and structural trends that host multiple nearby gold deposits, including Horizon Minerals’ Burbanks (466 koz @ 2.4 g/t Au), Beacon Minerals’ McPhersons Reward (132 koz @ 1.2 g/t Au) and Focus Minerals’ Coolgardie Operations (2.7 Moz @ 1.8 g/t Au).[1]

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Figure 1: Regional Map – Coolgardie Gold & Lithium Projects (W.A. Goldfields)

Evidence of historic artisanal mining is readily apparent within and outlying the Miriam Project tenure from when the region was subject to intense gold prospecting following initial discovery in the 1890’s. It was within these historic shafts and workings where spodumene bearing pegmatites were first observed in 2022.

While modern exploration is limited within the Miriam Project tenure area, multiple gold occurrences have been recorded and are available on the Mines and Mineral Deposits Public Database (MINEDEX), provided by the Department of Mines and Industry Regulation and Safety (DEMIRS). Multiple prospective gold occurrences were previously identified within the Miriam Project tenure including Forest, Goroke and Burbanks Monarch.

1 Bullabulling refer to Minerals 260 ASX Announcement dated 14th January 2025, MacPhersons refer to Beacon Minerals ASX Announcement dated 6[th] November 2024, Three Mile Hill refer to Focus Minerals ASX Announcement dated 1[st] December 2023. Refer to Horizon Minerals Reserves & Resources

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[email protected] +61 8 6383 7817 futurebatteryminerals.com.au

Future Battery Minerals Ltd Suite 10, 38 Colin St, West Perth WA 6005 ABN 91 148 966 545

ASX: FBM

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Any future gold discoveries at the Miriam Project will benefit from exceptional commercialisation optionality with several operating gold mills in close proximity to the area. The Burbanks Mine, which is located only 1 km north of the Miriam Project tenure, contains a mill and processing plant owned by Auric Mining. The Greenfields Mill, owned and operated by FMR Investments, and the Three Mile Hill Mill, owned and operated by Focus Minerals, are approximately 16 kilometres by a sealed road to the north-east.

Key gold prospects identified from review of historical drilling results

Following its recent ownership consolidation, FBM has completed a geology and drilling data review of the Miriam Project. This review included the collation of all historical drill hole data for the tenure and validation of assay methods to better understand the reported gold occurrences in the area.

While the region was subjected to artisanal mining and prospecting following discovery in the 1890’s, the review highlighted that no drilling had occurred since the early 2000’s. Previous drilling also appears to have been relatively limited to the Forrest prospect (gold) and the Miriam prospect (nickel), also noting that many of the holes drilled at the Miriam prospect were not assayed for gold.

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Figure 2: Miriam Project Plan View with Historical Gold Intercepts Marked

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[email protected] +61 8 6383 7817 futurebatteryminerals.com.au

Future Battery Minerals Ltd Suite 10, 38 Colin St, West Perth WA 6005 ABN 91 148 966 545

ASX: FBM

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Forrest prospect

At Forrest, drilling during the late 1990’s discovered and intersected multiple flat lying lodes of gold mineralisation within regolith and bed rock. Mineralisation is consistent over a strike length greater than 600m highlighting near surface intersections. Significant intersections returned from this drilling included:

  • 12m @ 2.09g/t from Au from 60m (MRC97-15)

  • 10m @ 2.51g/t from Au from 30m (FGA002)

  • 10m @ 2.09 g/t Au from 30m and 4m @ 4.86 g/t Au from 73m (MRC97-5)

  • 5m @ 7.35 g/t Au from 70m (MRC97-25)

  • 8m @ 1.63 g/t Au from 28m (MRC97-17)

  • 9m @ 1.07 g/t Au from 51m (MRC97-12)

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Figure 3: Forrest Prospect Plan View

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[email protected] +61 8 6383 7817 futurebatteryminerals.com.au

Future Battery Minerals Ltd Suite 10, 38 Colin St, West Perth WA 6005 ABN 91 148 966 545

ASX: FBM

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Drilling was conducted on 40m x 60m grid with many holes only testing down to a planned depth of 80m. Extensional air core drilling completed in the early 2000’s also only reached depths of approximately 60m on average.

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Figure 4: Cros Section 1 – Line 6562955

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Figure 5: Cros Section 2 – Line 6563000

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[email protected] +61 8 6383 7817 futurebatteryminerals.com.au

Future Battery Minerals Ltd Suite 10, 38 Colin St, West Perth WA 6005 ABN 91 148 966 545

ASX: FBM

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Geological logs collected have limited recorded details making it difficult to determine key information such as depth of oxidation or rock textures and structures.

FBM has identified multiple areas where the Forrest system may remain open, particularly to the North East and South West. These zones are planned to be tested as part of its maiden Miriam drilling programme. This programme is also planned to provide confirmation on previous intercepts, including delivering key geological information required for a potential Mineral Resource estimate.

Forrest South and Jungle prospects

Wide spaced drilling conducted to the south of Forrest has also intercepted two additional prospective zones known as Forrest South and Jungle. The intercepts remain open and further drilling is required to understand the potential scale of mineralisation, however these prospects represents opportunities for further growth. Key intercepts include;

  • 16m @ 0.93g/t Au from 44m (LDC7) Forrest South

  • 4m @ 3.77g/t Au from 94m (FGC001) Jungle

  • 10m @ 0.62g/t from 30m (DPR022) Jungle

Goroke and Burbanks Monarch prospects

FBM has also investigated other regional occurrences such as Goroke (5m @ 2.3 g/t Au from surface and 12m @ 1.04g/t from 15m) and Burbanks Monarch (10m @ 0.9 g/t Au from 30m). Only limited drilling has tested these occurrences and more work is required to better evaluate their potential. Key intercepts from Goroke and Burbanks Monarch Include;

  • 5m @ 2.3 g/t Au from surface (MID014) Goroke

  • 12m @ 1.04g/t Au from 15m (FGA059) Goroke

  • 5m @ 1.94g/t Au from 25m (FGA073) Burbanks Monarch

  • 10m @ 0.90g/t from 30m (FGA050) Burbanks Monarch

Other prospect zones

Burbanks Grand Junction in the north FBM located historic drilling data, with further confirmation work required to evaluate this prospect.

To the south of the Forrest and Forrest South prospects, there is limited recorded recent drilling and gold assay data. FBM plans to evaluate this area through surface geochemistry and geophysical interpretation.

Initial Miriam drilling programme set to commence in July

FBM is fully permitted to conduct exploration and drilling activities over the Miriam Project tenure, with an approved Conservation Management Plan and granted drilling Program of Work ( PoW ) currently in place. Most of the Miriam tenure has already been surveyed by the relevant Native Title Party representative, meaning FBM can rapidly advance towards drill testing of any priority drill targets.

A litho-geophysical and geochemical review of the Miriam Project has commenced in order to better define the key structural gold targets that have been identified. Following this work, an initial RC drill programme designed to test these prospective gold targets is planned to commence in July 2025.

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[email protected] ASX: FBM +61 8 6383 7817 futurebatteryminerals.com.au Follow Us

Future Battery Minerals Ltd Suite 10, 38 Colin St, West Perth WA 6005 ABN 91 148 966 545

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This announcement has been authorised for release by the Board of Directors of the Company.

-END-

For further information visitwww.futurebatteryminerals.com or contact: For further information visitwww.futurebatteryminerals.com or contact:
Nicholas Rathjen Robin Cox
CEO & Managing Director Technical Director
E: [email protected] E: [email protected]

Forward-Looking Statements

This document may include forward-looking statements. Forward-looking statements include, but are not limited to, statements concerning Future Battery Minerals Limited’s planned exploration programme and other statements that are not historical facts. When used in this document, the words such as “could,” “plan,” “estimate,” “expect,” “intend,” “may”, “potential”, “should,” and similar expressions are forward-looking statements. Although Future Battery Minerals Limited believes that its expectations reflected in these forward-looking statements are reasonable, such statements involve risks and uncertainties, and no assurance can be given that actual results will be consistent with these forward-looking statements.

Previously Reported Results

The information in this announcement that relates to Exploration Results is extracted from the ASX announcements (Original Announcements), as referenced, which are available at www.futurebatteryminerals.com.au. FBM confirms that it is not aware of any new information or data that materially affects the information included in the Original Announcements and, that all material assumptions and technical parameters underpinning the estimates in the Original Announcements continue to apply and have not materially changed. FBM confirms that the form and context in which the Competent Persons’ findings are presented have not been materially modified from the original announcement.

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[email protected] ASX: FBM +61 8 6383 7817 futurebatteryminerals.com.au Follow Us

Future Battery Minerals Ltd Suite 10, 38 Colin St, West Perth WA 6005 ABN 91 148 966 545

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About Future Battery Minerals (ASX: FBM)

THE BUSINESS: Gold and lithium exploration and development

Future Battery Minerals (ASX: FBM) is an exploration and development company focused on rapidly advancing its world-class gold and lithium projects in the Eastern Goldfields of Western Australia.

THE LOCATION: Infrastructure-rich project setting

The Eastern W.A. Goldfields is an outstanding location in which to explore for, build, and operate gold and lithium mines. It is a longestablished mining province with all the accompanying benefits, including all-year land access, skilled labour, mining services and infrastructure.

We are positioned just 15km south of the mining hub of Coolgardie (via sealed road), approximately 370km to the port of Esperance and approximately 550km to Perth via road and rail. We are proximal to multiple gold and lithium mining and processing operations and development projects of substantial scale.

This available range of potential commercialisation options, including standalone development, positions us well to monetise current and future success.

THE TEAM: Proven value generators

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Our carefully assembled team has an extensive track record of exploration success, project stewardship, development expertise and operating excellence that has repeatedly resulted in the delivery of substantial shareholder value: Nick Rathjen (MD), Robin Cox (Technical Director), Nev Power (Chairman), Rob Waugh (NED).

THE CAPACITY: Balance sheet strength and runway

We are a business and team that is resolutely focussed on the stewardship of our shareholders’ capital and the astute application of this capital for maximal return. With a cash balance of A$7.4 million and zero debt (as at 31 March 2025), we are well-funded to undertake our planned exploration and evaluation work programs across our projects over the next 18-24 months.

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[email protected] +61 8 6383 7817 futurebatteryminerals.com.au

Future Battery Minerals Ltd Suite 10, 38 Colin St, West Perth WA 6005 ABN 91 148 966 545

ASX: FBM

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Appendix 1 – Drill Hole Results

Table 1 – Drill Hole Significant Intercepts >0.1g/t (Intervals represented as down dole length)

Hole Id From To Interval Au(g/t)
BMRC97-32 0 2 2 0.2
BMRC97-32 36 37 1 0.15
BMRC97-32 39 40 1 0.43
BMRC97-33 54 55 1 0.3
BMRC97-33 61 65 4 0.64
BMRC97-33 74 75 1 0.16
BMRC97-33 98 100 2 0.3
BMRC97-34 7 8 1 0.28
BMRC97-34 9 10 1 1.05
BMRC97-35 20 25 5 0.15
BMRC97-35 35 36 1 1.69
BMRC97-35 85 86 1 1.23
BMRC97-35 87 91 4 3.89
BMRC97-35 92 95 3 0.18
BMRC97-35 107 111 4 2.29
BMRC97-36 40 42 2 0.14
BMRC97-36 44 45 1 0.14
BMRC97-36 53 59 6 0.79
BMRC97-36 60 65 5 0.32
BMRC97-36 70 75 5 0.13
BMRC97-36 91 94 3 1.17
DPR003 25 30 5 0.17
DPR006 25 30 5 0.21
DPR006 40 55 15 0.13
DPR007 30 35 5 0.23
DPR016 30 35 5 0.12
DPR016 45 50 5 0.12
DPR022 30 40 10 0.62
DPR023 20 25 5 0.17
DPR023 45 50 5 0.32
DPR027 25 30 5 0.13
DPR028 30 35 5 0.22
DPR029 35 36 1 0.11
DPR032 30 35 5 0.1
DPR033 35 40 5 0.41
DPR033 45 50 5 0.13
DPR033 60 65 5 0.35
DPR039 25 33 8 1.21
DPR042 20 23 3 0.2
DPR043 40 51 11 2.13
DPR045 30 45 15 0.19
DPR045 50 60 10 0.17
DPR049 0 5 5 0.23
DPR050 0 5 5 0.22

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[email protected] ASX: FBM +61 8 6383 7817 futurebatteryminerals.com.au Follow Us

Future Battery Minerals Ltd Suite 10, 38 Colin St, West Perth WA 6005 ABN 91 148 966 545

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DPR052 25 30 5 0.14
DPR052 35 40 5 0.5
DVC005 41 43 2 0.86
DVC005 58 59 1 0.19
DVC005 62 63 1 0.29
FGA002 30 40 10 2.51
FGA003 45 50 5 0.14
FGA004 30 35 5 1.01
FGA006 35 40 5 0.19
FGA008 45 50 5 0.1
FGA009 30 35 5 0.33
FGA009 45 50 5 0.19
FGA010 25 30 5 0.25
FGA010 35 50 15 0.54
FGA011 45 50 5 0.7
FGA011 60 63 3 0.12
FGA015 65 69 4 0.1
FGA020 40 55 15 0.39
FGA021 35 55 20 0.74
FGA025 25 36 11 0.26
FGA032 45 50 5 0.14
FGA037 20 35 15 0.47
FGA043 35 44 9 0.18
FGA050 30 40 10 0.9
FGA050 50 55 5 0.12
FGA050 70 76 6 0.26
FGA058 25 30 5 0.3
FGA059 0 5 5 0.13
FGA059 15 27 12 1.04
FGA064 0 5 5 0.58
FGA069 35 39 4 0.43
FGA073 0 5 5 0.11
FGA073 25 30 5 1.95
FGA073 35 70 35 0.29
FGC001 40 55 15 0.39
FGC001 65 70 5 0.11
FGC001 90 91 1 0.12
FGC001 94 98 4 3.77
FGC003 44 47 3 4.27
FGC003 48 49 1 0.16
FGC003 50 51 1 0.68
FGC004 45 55 10 0.25
FGC004 60 75 15 0.31
FGC004 80 85 5 0.18
FGC006 60 65 5 0.49
FGR001 20 30 10 0.19
FGR001 40 45 5 0.16
FGR003 35 40 5 0.12
FGR006 35 40 5 0.13

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[email protected] ASX: FBM +61 8 6383 7817 futurebatteryminerals.com.au Follow Us

Future Battery Minerals Ltd Suite 10, 38 Colin St, West Perth WA 6005 ABN 91 148 966 545

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FGR006 50 55 5 0.22
FGR007 40 45 5 0.28
LDC 7 44 60 16 0.93
MID012 150 155 5 0.4
MID012 165 170 5 0.19
MID013 268.9 269.9 1 0.43
MID014 0 5 5 2.31
MID014 211.6 212.6 1 0.13
MID014 214.6 215.6 1 0.12
MRC96-3 188 191 3 0.2
MRC97-1 38 40 2 0.82
MRC97-1 43 48 5 0.97
MRC97-1 56 60 4 0.14
MRC97-11 12 13 1 1.41
MRC97-11 14 15 1 0.14
MRC97-11 36 39 3 0.43
MRC97-12 34 37 3 0.39
MRC97-12 39 40 1 0.18
MRC97-12 46 50 4 0.22
MRC97-12 51 60 9 1.07
MRC97-13 36 39 3 0.28
MRC97-13 48 51 3 0.26
MRC97-13 56 60 4 0.16
MRC97-14 61 62 1 0.37
MRC97-14 63 75 12 0.2
MRC97-14 76 80 4 0.38
MRC97-15 42 44 2 0.9
MRC97-15 60 72 12 2.09
MRC97-15 74 80 6 0.94
MRC97-16 45 49 4 0.1
MRC97-16 72 74 2 0.48
MRC97-16 75 77 2 0.12
MRC97-17 28 36 8 1.63
MRC97-17 37 38 1 0.17
MRC97-17 39 43 4 0.57
MRC97-17 52 53 1 1.3
MRC97-17 54 59 5 0.41
MRC97-17 60 76 16 0.23
MRC97-18 44 50 6 1.31
MRC97-18 52 53 1 1.03
MRC97-18 57 62 5 0.4
MRC97-18 68 80 12 0.95
MRC97-19 0 4 4 0.11
MRC97-19 24 28 4 0.11
MRC97-19 36 42 6 0.28
MRC97-19 43 47 4 0.43
MRC97-2 33 35 2 0.32
MRC97-2 40 44 4 0.11
MRC97-2 53 60 7 0.48

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[email protected] +61 8 6383 7817 futurebatteryminerals.com.au

Future Battery Minerals Ltd Suite 10, 38 Colin St, West Perth WA 6005 ABN 91 148 966 545

ASX: FBM

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MRC97-2 76 80 4 0.11
MRC97-20 8 10 2 2.06
MRC97-21 40 44 4 0.11
MRC97-21 45 52 7 0.25
MRC97-21 72 84 12 0.53
MRC97-22 43 44 1 0.2
MRC97-22 45 46 1 0.23
MRC97-22 47 49 2 0.35
MRC97-22 50 56 6 0.51
MRC97-22 58 66 8 2.91
MRC97-22 68 75 7 0.5
MRC97-23 20 26 6 0.62
MRC97-23 32 34 2 0.34
MRC97-23 35 36 1 0.14
MRC97-23 44 45 1 0.24
MRC97-24 56 60 4 0.15
MRC97-25 45 48 3 0.31
MRC97-25 58 64 6 1.04
MRC97-25 70 73 3 12
MRC97-25 74 76 2 0.4
MRC97-25 85 86 1 0.58
MRC97-25 90 91 1 1.2
MRC97-26 30 32 2 0.63
MRC97-26 34 35 1 0.16
MRC97-26 37 38 1 0.36
MRC97-26 42 45 3 0.8
MRC97-26 46 48 2 0.15
MRC97-26 60 61 1 0.34
MRC97-26 62 67 5 0.25
MRC97-26 68 71 3 0.45
MRC97-26 72 92 20 0.65
MRC97-26 95 96 1 0.48
MRC97-26 97 100 3 0.87
MRC97-27 28 32 4 0.11
MRC97-27 48 51 3 1.41
MRC97-27 52 64 12 0.51
MRC97-27 66 67 1 1.02
MRC97-28 36 40 4 0.11
MRC97-28 60 63 3 0.1
MRC97-28 64 65 1 0.15
MRC97-29 80 84 4 0.14
MRC97-3 47 50 3 0.23
MRC97-31 20 44 24 0.44
MRC97-31 48 52 4 0.1
MRC97-31 60 68 8 0.4
MRC97-31 96 97 1 0.26
MRC97-4 40 44 4 0.1
MRC97-5 24 27 3 0.15
MRC97-5 28 29 1 0.18

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[email protected] ASX: FBM +61 8 6383 7817 futurebatteryminerals.com.au Follow Us

Future Battery Minerals Ltd Suite 10, 38 Colin St, West Perth WA 6005 ABN 91 148 966 545

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MRC97-5 30 40 10 2.09
MRC97-5 43 44 1 0.19
MRC97-5 46 54 8 0.37
MRC97-5 55 58 3 0.29
MRC97-5 59 60 1 0.41
MRC97-5 73 75 2 9.53
MRC97-5 76 77 1 0.38

Table 2 – Drill Hole Location Information (UTM MGA 94 Zone 51)

Hole_id **Hole_Type ** Max_Depth Easting Northing RL Dip Azi Max Down
Hole Au
Assay (g/t)
LDC 1 RC 9 320217 6562557 400 -90 0 0.004
LDC 2 RC 34 320137 6562557 400 -90 0 0.022
LDC 3 RC 40 320057 6562557 400 -90 0 0.005
LDC 4 RC 71 319977 6562557 400 -90 0 0.034
LDC 5 RC 66 319897 6562557 400 -90 0 0.035
LDC 6 RC 48 319817 6562557 400 -90 0 0.111
LDC 7 RC 63 319737 6562557 400 -90 0 2.518
LDC 8 RC 65 319657 6562557 400 -90 0 0.032
LDC 9 RC 39 319577 6562557 400 -90 0 0.014
MRC96-1 RC 174 319036 6563072 416 -60 278
MRC96-2 RC 238 319051 6563067 416 -70 273
MRC96-3 RC 215 318935 6563165 420 -70 100 0.31
MRC96-4 RC 115.7 318922 6563132 418 -60 100
MRC96-5 RC 160 319039 6563125 416 -60 300
MRC97-1 RC 80 319807 6562957 416 -60 270 1.57
MRC97-
10
RC 80 319657 6561057 403 -60 270 0.03
MRC97-
11
RC 75 319787 6562857 413 -60 270 1.41
MRC97-
12
RC 80 319767 6562907 414 -60 270 5.1
MRC97-
13
RC 80 319807 6562907 415 -60 270 0.5
MRC97-
14
RC 80 319847 6562907 416 -60 270 0.88
MRC97-
15
RC 80 319787 6562957 415 -60 270 10.5
MRC97-
16
RC 81 319807 6563007 416 -60 270 0.51
MRC97-
17
RC 80 319847 6563007 418 -60 270 3.61
MRC97-
18
RC 80 319867 6563057 418 -60 270 3.08
MRC97-
19
RC 72 319767 6562807 411 -60 270 0.97

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MRC97-2 RC 80 319847 6562957 417 -60 270 1.21
MRC97-
20
RC 80 319807 6562807 414 -60 270 3.87
MRC97-
21
RC 112 319827 6562857 415 -60 270 2.34
MRC97-
22
RC 84 319752 6562857 412 -60 90 21.45
MRC97-
23
RC 72 319747 6562957 413 -60 270 0.99
MRC97-
24
RC 76 319727 6562907 413 -60 270 0.15
MRC97-
25
RC 102 319707 6562957 412 -60 90 18.8
MRC97-
26
RC 100 319787 6563007 415 -60 90 2.02
MRC97-
27
RC 75 319767 6563007 415 -60 268 2.64
MRC97-
28
RC 114 318884 6563044 419 -60 102 0.15
MRC97-
29
RC 160 318919 6563072 418 -60 102 0.14
MRC97-3 RC 80 319897 6562957 419 -60 270 0.33
MRC97-
30
RC 127 318931 6563113 418 -60 102 0.03
MRC97-
31
RC 114 319827 6563057 418 -60 270 0.94
MRC97-
32
RC 101 319647 6564757 433 -60 85 0.03
MRC97-
33
RC 102 319597 6564858 434 -60 87 0.05
MRC97-4 RC 100 319937 6562957 420 -60 270 0.1
MRC97-5 RC 80 319807 6562857 414 -60 270 18.24
MRC97-6 RC 80 319847 6562857 416 -60 270 0.08
MRC97-7 RC 80 319887 6562857 416 -60 270 0.02
MRC97-8 RC 80 319777 6561557 412 -60 270
MRC97-9 RC 80 319617 6561057 403 -60 270
BMRC97-
32
RC 90 319868 6562887 413 -60 270 0.43
BMRC97-
33
RC 110 319832 6562896 413 -60 270 1.77
BMRC97-
34
RC 123 319797 6562888 413 -60 270 1.05
BMRC97-
35
RC 125 319799 6562935 413 -60 270 10.1
BMRC97-
36
RC 110 319833 6562936 413 -60 270 2.69
BMRC97-
37
RC 90 319868 6562932 413 -60 270 -0.01
MID008 DDH 300.9 318926 6563317 412.09 -55 90

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MID010 DDH 396.7 318747 6562897 413.3 -52 90
MID011 DDH 355 318894 6563577 416.61 -52 90
MID012 DDH 549.3 319336 6562607 405.05 -60.21 268.99 0.4
MID013 DDH 467.7 319154 6562897 408.5 -60.52 272.15 0.43
MID014 DDH 297.5 319390 6563807 408.71 -59.63 284.97 2.31
MID015 RC 300 319299 6562763 405.32 -59.6 279.59 0.03
DPR001 RAB 39 319950 6562000 404 -90 0 0.019
DPR002 RAB 43 319900 6562000 405 -90 0 0.009
DPR003 RAB 55 319850 6562000 407 -90 0 0.173
DPR004 RAB 63 319800 6562000 408 -90 0 0.032
DPR005 RAB 55 319750 6562000 409 -90 0 0.052
DPR006 RAB 58 319700 6562000 411 -90 0 0.212
DPR007 RAB 36 319650 6562000 412 -90 0 0.227
DPR008 RAB 42 319600 6562000 413 -90 0 0.026
DPR009 RAB 45 319550 6562000 413 -90 0 0.008
DPR010 RAB 42 319650 6562200 411 -90 0 0.005
DPR011 RAB 26 319700 6562200 409 -90 0 0.01
DPR012 RAB 60 319750 6562200 407 -90 0 0.021
DPR013 RAB 60 319800 6562200 406 -90 0 0.042
DPR014 RAB 38 319850 6562200 404 -90 0 0.012
DPR015 RAB 41 319900 6562200 404 -90 0 0.052
DPR016 RAB 60 319950 6562200 406 -90 0 0.122
DPR017 RAB 66 320000 6562200 406 -90 0 0.032
DPR018 RAB 39 320200 6562400 415 -90 0 0.028
DPR019 RAB 31 320150 6562400 414 -90 0 0.069
DPR020 RAB 44 320100 6562400 413 -90 0 0.036
DPR021 RAB 40 320050 6562400 412 -90 0 0.041
DPR022 RAB 48 320000 6562400 409 -90 0 1.1
DPR023 RAB 72 319950 6562400 406 -90 0 0.318
DPR024 RAB 27 319895 6562400 407 -90 0 0.01
DPR025 RAB 42 319650 6562400 409 -90 0 0.008
DPR026 RAB 48 319700 6562400 407 -90 0 0.09
DPR027 RAB 52 319750 6562400 407 -90 0 0.129
DPR028 RAB 60 319800 6562400 406 -90 0 0.223
DPR029 RAB 39 319850 6562400 406 -90 0 0.105
DPR030 RAB 48 319650 6562600 408 -90 0 0.015
DPR031 RAB 48 319700 6562600 408 -90 0 0.038
DPR032 RAB 50 319750 6562600 409 -90 0 0.104
DPR033 RAB 84 319800 6562600 410 -90 0 0.41
DPR034 RAB 60 319850 6562600 411 -90 0 0.035
DPR035 RAB 69 319900 6562600 410 -90 0 0.049
DPR036 RAB 57 319950 6562600 412 -90 0 0.023
DPR037 RAB 51 320000 6562600 412 -90 0 0.072
DPR038 RAB 21 320050 6562600 411 -90 0 0.015
DPR039 RAB 33 320100 6562600 411 -90 0 2.3

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[email protected] +61 8 6383 7817 futurebatteryminerals.com.au

Future Battery Minerals Ltd Suite 10, 38 Colin St, West Perth WA 6005 ABN 91 148 966 545

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DPR040 RAB 22 320150 6562600 413 -90 0 0.018
DPR041 RAB 23 320200 6562600 414 -90 0 0.013
DPR042 RAB 23 320250 6562600 416 -90 0 0.197
DPR043 RAB 51 319750 6563100 416 -90 0 3.12
DPR044 RAB 37 319800 6563100 417 -90 0 0.06
DPR045 RAB 60 319850 6563100 419 -90 0 0.233
DPR046 RAB 66 319900 6563100 420 -90 0 0.037
DPR047 RAB 36 319950 6563100 421 -90 0 0.024
DPR048 RAB 57 320000 6563100 422 -90 0 0.066
DPR049 RAB 63 320050 6563100 421 -90 0 0.227
DPR050 RAB 56 320100 6563100 425 -90 0 0.216
DPR051 RAB 63 320150 6563100 425 -90 0 0.03
DPR052 RAB 46 320200 6563100 424 -90 0 0.496
DPR053 RAB 4 320400 6563500 427 -90 0 0.004
DPR054 RAB 3 320350 6563500 427 -90 0 0.031
DPR055 RAB 12 320300 6563500 428 -90 0 0.031
DVC005 RC 84 320198 6563018 409.7 -50 270 1.38
MIC001 RC 290 319078 6562904 411.5 -65 285 0.03
FGA001 AC 48 319650 6563050 415 -90 0 0.05
FGA002 AC 50 319700 6563050 415 -90 0 3.29
FGA003 AC 54 319750 6563050 416 -90 0 0.14
FGA004 AC 63 319700 6563100 415 -90 0 1.01
FGA005 AC 57 319650 6563100 414 -90 0 0.09
FGA006 AC 66 319650 6563200 413 -90 0 0.19
FGA007 AC 53 319700 6563200 414 -90 0 0.01
FGA008 AC 66 319750 6563200 415 -90 0 0.1
FGA009 AC 55 319800 6563200 415 -90 0 0.33
FGA010 AC 63 319850 6563200 416 -90 0 1
FGA011 AC 63 319850 6563300 416 -90 0 0.7
FGA012 AC 42 319800 6563300 416 -90 0 0.01
FGA013 AC 69 319750 6563300 417 -90 0 0.08
FGA014 AC 33 319700 6563300 418 -90 0 0.02
FGA015 AC 69 319650 6563300 417 -90 0 0.1
FGA016 AC 34 319650 6563400 418 -90 0 0.02
FGA017 AC 33 319700 6563400 420 -90 0 0.02
FGA018 AC 36 319750 6563400 420 -90 0 0.01
FGA019 AC 32 319800 6563400 416 -90 0 0.01
FGA020 AC 60 319850 6563400 420 -90 0 0.82
FGA021 AC 57 319900 6563400 420 -90 0 1.39
FGA022 AC 65 319950 6563400 420 -90 0 0.02
FGA023 AC 66 320000 6563400 423 -90 0 0.01
FGA024 AC 33 319650 6563500 419 -90 0 0.01
FGA025 AC 36 319700 6563500 420 -90 0 0.4
FGA026 AC 26 319750 6563500 422 -90 0 0.01
FGA027 AC 14 319800 6563500 423 -90 0 0.01

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[email protected] +61 8 6383 7817 futurebatteryminerals.com.au

Future Battery Minerals Ltd Suite 10, 38 Colin St, West Perth WA 6005 ABN 91 148 966 545

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FGA028 AC 68 319850 6563500 424 -90 0 0.01
FGA029 AC 45 319900 6563500 424 -90 0 0.01
FGA030 AC 49 319950 6563500 423 -90 0 0.02
FGA031 AC 58 320000 6563500 422 -90 0 0.01
FGA032 AC 61 320000 6563600 425 -90 0 0.14
FGA033 AC 52 319950 6563600 427 -90 0 0.03
FGA034 AC 47 319900 6563600 426 -90 0 0.02
FGA035 AC 59 319850 6563600 425 -90 0 0.04
FGA036 AC 31 319800 6563600 424 -90 0 0.01
FGA037 AC 40 319750 6563600 422 -90 0 0.9
FGA038 AC 27 319700 6563600 421 -90 0 0.05
FGA039 AC 30 319650 6563600 420 -90 0 0.01
FGA040 AC 30 319650 6563700 420 -90 0 0.02
FGA041 AC 33 319700 6563700 421 -90 0 0.06
FGA042 AC 45 319750 6563700 421 -90 0 0.07
FGA043 AC 44 319800 6563700 422 -90 0 0.22
FGA044 AC 10 319850 6563700 424 -90 0 0.03
FGA045 AC 56 319900 6563700 427 -90 0 0.06
FGA046 AC 37 319950 6563700 427 -90 0 0.02
FGA047 AC 52 320000 6563700 426 -90 0 0.02
FGA048 AC 54 320050 6563700 425 -90 0 0.01
FGA049 AC 66 320100 6563700 424 -90 0 0.01
FGA050 AC 76 320200 6563800 426 -90 0 1.48
FGA051 AC 53 320150 6563800 425 -90 0 0.04
FGA052 AC 57 320100 6563800 425 -90 0 0.03
FGA053 AC 47 320050 6563800 425 -90 0 0.02
FGA054 AC 57 320000 6563800 426 -90 0 0.03
FGA055 AC 35 319950 6563800 427 -90 0 0.03
FGA056 AC 45 319900 6563800 426 -90 0 0.02
FGA057 AC 8 319850 6563800 424 -90 0 0.01
FGA058 AC 45 319800 6563800 424 -90 0 0.3
FGA059 AC 27 319750 6563800 423 -90 0 1.53
FGA060 AC 17 319700 6563800 423 -90 0 0.09
FGA061 AC 7 319650 6563800 422 -90 0 0.02
FGA062 AC 7 319650 6563900 425 -90 0 0.02
FGA063 AC 33 319700 6563900 423 -90 0 0.02
FGA064 AC 9 319750 6563900 427 -90 0 0.58
FGA065 AC 37 319800 6563900 427 -90 0 0.02
FGA066 AC 15 319850 6563900 427 -90 0 0.01
FGA067 AC 6 319900 6563900 427 -90 0 0
FGA068 AC 39 319950 6563900 428 -90 0 0.01
FGA069 AC 39 320000 6563900 427 -90 0 0.43
FGA070 AC 45 320050 6563900 426 -90 0 0.01
FGA071 AC 51 320100 6563900 426 -90 0 0.02
FGA072 AC 60 320150 6563900 427 -90 0 0.04

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[email protected] +61 8 6383 7817 futurebatteryminerals.com.au

Future Battery Minerals Ltd Suite 10, 38 Colin St, West Perth WA 6005 ABN 91 148 966 545

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FGA073 AC 75 320200 6563900 428 -90 0 1.95
FGC001 RC 111 320036 6562400 411 -50 270 14.4
FGC002 RC 114 320135 6562600 412 -50 270 0.07
FGC003 RC 114 319740 6563050 416 -50 270 8.84
FGC004 RC 102 319796 6563100 417 -50 270 0.58
FGC005 RC 102 319706 6562950 413 -50 270 0.08
FGC006 RC 102 319735 6563000 416 -50 270 0.49
FGR001 RAB 45 319700 6563000 415 -90 0 0.24
FGR002 RAB 46 319650 6563000 414 -90 0 0.08
FGR003 RAB 55 319900 6563200 418 -90 0 0.12
FGR004 RAB 69 319950 6563200 420 -90 0 0.07
FGR005 RAB 44 320000 6563200 422 -90 0 0.04
FGR006 RAB 60 320000 6563300 421 -90 0 0.22
FGR007 RAB 65 319950 6563300 419 -90 0 0.28
FGR008 RAB 59 319900 6563300 417 -90 0 0.02

JORC Code, 2012 Edition, Table 1 Section 1: Sampling Techniques and Data

CRITERIA EXPLANATION COMMENTARY
Sampling
techniques

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

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

Aspects of the determination of
mineralisation that are Material to the
Public Report. In cases where ‘industry
standard’ work has been done this would
be relatively simple (eg ‘reverse
circulation drilling was used to obtain 1m
samples from which 3kg was pulverised
to produce a 30g 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.

Reverse Circulation drilling collects a 1m
bulk sample. Sampling is then
composited into 4m composites for fire
assay purpose. Anomalous intercepts are
then sub assayed to their 1m sample.

Air Core drilling collects a 1m bulk
sample. Sampling is then composited into
4m composites for fire assay purpose.
Anomalous intercepts are then sub
assayed to their 1m sample.

Rotary Air Blast Drilling collects a 1m bulk
sample. Sampling is then composited into
4m composites for fire assay purpose.
Drilling
techniques

Drill type (eg core, reverse circulation,
open-hole hammer, rotary air blast,
auger, Bangka, sonic, etc) and details
(eg core diameter, triple or standard
tube, depth of diamond tails, face-
sampling bit orothertype,whethercore

Historic results reported include drilling by
Reverse Circulation (RC), Air Core (AC)
and Rotary Air Blast (RAB).

The drill type has been specified in the
appropriate collar table.

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is oriented and if so, by what method,
etc).
Drill sample
recovery

Method of recording and assessing core
and chip sample recoveries and results
assessed.

Measures taken to maximise sample
recovery and ensure representative
nature of the samples.

Whether a relationship exists between
sample recovery and grade and
whether sample bias may have
occurred due to preferential loss/gain of
fine/coarsematerial.

Results reported are historic and FBM
has relied upon public domain data
reported by previous project holders.

Recovery was measured/commented in
sample logs.

No sample bias relationship has been
identified.
Logging
Whether core and chip samples have
been geologically and geotechnically
logged to a level of detail to support
appropriate Mineral Resource
estimation, mining studies and
metallurgical studies.

Whether logging is qualitative or
quantitative in nature. Core (or costean,
channel, etc) photography.

The total length and percentage of the
relevant intersections logged.

Results reported are historic and FBM
has relied upon public domain data
reported by previous project holders.

Drill holes have been lithologically logged
by geologists in the field by respective
historic explorers

Lithological data has been compiled.
Logging is a qualitative nature.

At Forrest Gold prospect primary lithology
has been recorded. Not all drill logs
include data such as oxidation, texture
and structure.
Sub-sampling
techniques and
sample
preparation

If core, whether cut or sawn and
whether quarter, half or all core taken.

If non-core, whether riffled, tube
sampled, rotary split, etc and whether
sampled wet or dry.

For all sample types, the nature, quality
and appropriateness of the sample
preparation technique

Quality control procedures adopted for
all sub-sampling stages to maximise
representivity of samples.

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.

Sampling of drill chips included
compositing by spear sample on 4m
composites.

Single metre samples were riffle split to
obtain an approximate 3kg sample.
Quality of assay
data and
laboratory tests

The nature, quality and appropriateness
of the assaying and laboratory
procedures used and whether the
technique is considered partial or total.

For geophysical tools, spectrometers,
handheld XRF instruments, etc, the
parameters used in determining the
analysis including instrument make and
model, reading times, calibrations
factors applied and their derivation, etc.

Nature of quality control procedures
adopted (eg standards, blanks,
duplicates, external laboratory checks)
and whether acceptable levels of
accuracy (i.e. lack of bias) and precision
have been established.
The Historic data represented in this
announcement was culminated from the
exploration work conducted the following
parties.

Mt Kersey Mining conducted Reverse
Cuirculation drilling in 1996 consisting of
9 holes. Samples were assayed via Fire
Assay for gold and aqua regia digest for
other elements at AAL Kalgoorlie

Crest Mining conducted Reverse
Cuirculation drilling in 1996 and 1997
consisting of 38 holes. Samples were
assayed via PM203 at ALS laboratories

Barminco conducted Reverse
Cuirculation drilling in 1997 consisting of
6 holes. Samples were assayed via Fire
AssayFA1atAmdel laboratories.

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Spinifex Resources conducted 3
diamond core holes targeting the Miriam
Nickel prospect in 2000. Samples
containing gold were assayed via fire
assay at Analabs

Berkeley Resources conducted 3
diamond core and 1 RC hole targeting
the Miriam Nickel prospect in 2004.
Samples containing gold were assayed
via fire assay at Analabs.

Sipa Resources conducted Air Core (73
holes), RAB (63 holes) and RC (8 holes)
drilling between 2005 and 2007.
Samples were assayed by Ultratrace
laboratories utilising methods, ICP101,
ICP102, ICP302 and fire assay FA002
and FA003
Verification of
sampling and
assaying

The verification of significant
intersections by either independent or
alternative company personnel.

The use of twinned holes.

Documentation of primary data, data
entry procedures, data verification, data
storage (physical and electronic)
protocols.

Discuss any adjustment to assay data.

No independent verification has been
conducted

Field data is imported to the FBM
geochemistry database.

No adjustments are made to assay data
Location of data
points

Accuracy and quality of surveys used to
locate drill holes (collar and down-hole
surveys), trenches, mine workings and
other locations used in Mineral
Resource estimation.

Specification of the grid system used.

Quality and adequacy of topographic
control.

Drill Holes were located utilising a hand
held GPS with a accuracy +/-5m and via
local gridding

All drill hole collar information has been
transformed to UTM MGA 94 Zone 51

Holes were field checked by FBM utilising
a hand held gps to validate the grid
transformation of the historic data. Field
checks found the holes to be within the
error range of the hand held gps.

Geospatial grid information is
represented in UTM MGA 94 Zone 51
Data spacing
and distribution

Data spacing for reporting of
Exploration Results.

Whether the data spacing and
distribution is sufficient to establish the
degree of geological and grade
continuity appropriate for the Mineral
Resource and Ore Reserve estimation
procedure(s) and classifications
applied.

Whether sample compositing has been
applied.

At Forrest, holes were drilled on a 40m
spacing, 60m line spacing.

Regional targets were drilled on greater
than 80m hole spacing and greater than
80m line spacing

This data spacing is appropriate for
identifying continuous and non-
continuous geochemical anomalies
Orientation of
data in relation
to geological
structure

Whether the orientation of sampling
achieves unbiased sampling of possible
structures and the extent to which this is
known, considering the deposit type.

If the relationship between the drilling
orientation and the orientation of key
mineralised structures is considered to
have introduced a sampling bias, this
should be assessed and reported if
material.

Drilling has mostly been conducted on E-
W grid lines. Geological units in the
region have a dominantly N-S to NE-SW
strike. As such the E-W drilling provides
relative oblique interceptions.
Sample security
The measures taken to ensure sample
security.

Results reported are historic and FBM
has relied upon public domain data
reported by previous projectholders.

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FBM has not located historic data relating
to sample security
Audits or
reviews

The results of any audits or reviews of
sampling techniques and data.
No independent audit or review has been
undertaken.

Section 2: Reporting of Exploration Results

CRITERIA EXPLANATION COMMENTARY
Mineral tenement
and land tenure
status

Type, reference name/number, location
and ownership including agreements or
material issues with third parties such
as joint ventures, partnerships,
overriding royalties, native title
interests, historical 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 in the area.
The Miriam Project consists of 5
prospecting leases.
•Granted
leases
are
P15/6136,
P15/6137, P156138 and P15/6139.
P15/6135 remains in application
•Leases P15/6136-6139 are held by
Coolgardie Nickel Pty Ltd, now an
100% subsidiary of Future Battery
Minerals Ltd. P15/6135 is held by
Limelight Industries Pty Ltd until
time of grant
•The tenements are located in the
Kangaroo Hills Timber Reserve, an
approved
Conservation
Management
Plan
provides
conditional access to the tenure.
•The tenements are in good standing
and no known impediments exist.
Exploration done
by other parties
Acknowledgment and appraisal of
exploration by other parties.
The Historic data represented in this
announcement was culminated from the
exploration work conducted the following
parties.

Mt Kersey Mining conducted Reverse
Cuirculation drilling in 1996 consisting
of 9 holes. Samples were assayed via
Fire Assay for gold and aqua regia
digest for other elements at AAL
Kalgoorlie

Crest Mining conducted Reverse
Cuirculation drilling in 1996 and 1997
consisting of 38 holes. Samples were
assayed via PM203 at ALS
laboratories

Barminco conducted Reverse
Cuirculation drilling in 1997 consisting
of 6 holes. Samples were assayed via
Fire Assay FA1 at Amdel
laboratories.

Spinifex Resources conducted 3
diamond core holes targeting the
Miriam Nickel prospect in 2000.
Samples containing gold were
assayed via fire assay at Analabs

Berkeley Resources conducted 3
diamond core and 1 RC hole
targeting the Miriam Nickel prospect
in 2004. Samples containing gold
were assayed via fire assay at
Analabs.

Sipa Resources conducted Air Core
(73 holes), RAB (63 holes) and RC (8
holes) drilling between 2005 and
2007. Samples were assayed by
Ultratracelaboratories utilising

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[email protected] +61 8 6383 7817 futurebatteryminerals.com.au

Future Battery Minerals Ltd Suite 10, 38 Colin St, West Perth WA 6005 ABN 91 148 966 545

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methods, ICP101, ICP102, ICP302
and fire assay FA002 and FA003
Geology Deposit type, geological setting and style of
mineralisation.

The Miriam project is prospective for
Lithium, Caesium, Tantalum (LCT)
enriched pegmatites which intrudes
older Archean aged greenstone
lithologies.

The tenements are prospective for
lode and structurally hosted gold
mineralisation hosted within Archean
aged greenstone lithologies.
Drill hole
Information

A summary of all information material
to the understanding of the
exploration results including a
tabulation of the following information
for all Material drill holes:

easting and northing of the drill hole
collar

elevation or RL (Reduced Level –
elevation above sea level in metres)
of the drill hole collar

dip and azimuth of the hole

down hole length and interception
depth

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 thisis the case.

Drill Hole collar tables including
location, height and drill direction have
been included. (Table 2).

Maximum Au assay has been
represented in the maps. This data is
included in the collar table

Significant intercept assay data has
been tabled. (Table1)
Data aggregation
methods

In reporting Exploration Results,
weighting averaging techniques,
maximum and/or minimum grade
truncations (eg cutting of high grades)
and cut-off grades are usually
Material and should be stated.

Where aggregate intercepts
incorporate short lengths of high-
grade results and longer lengths of
low-grade results, the procedure used
for such aggregation should be stated
and some typical examples of such
aggregations should be shown in
detail.

The assumptions used for any
reporting of metal equivalent values
should be clearly stated.

Maximum down hole gold assays
have been included in maps. Cutoff
ranges are shown in legends

Significant intercepts are considered
as intercepts >0.1g/t Au and include
up to 1m internal dilution. This is
considered a significant intercept for
first pass drilling technique such as
RAB and AC.
Relationship
between
mineralisation
widths and
intercept
lengths

These relationships are particularly
important in the reporting of Exploration
Results.

If the geometry of the mineralisation
with respect to the drill hole angle is
known, its nature should be reported.

If it is not known and only the down
hole lengths are reported, there should
be a clear statement to this effect (eg
‘down hole length, true width not
known’).

All results are reported as down hole
length only. Mineralisation is
interpreted as flat lying lodes however
geological understanding is still
insufficient and further drilling planned
by FBM aims to address the
uncertainty.

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[email protected] +61 8 6383 7817 futurebatteryminerals.com.au

Future Battery Minerals Ltd Suite 10, 38 Colin St, West Perth WA 6005 ABN 91 148 966 545

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Diagrams Appropriate maps and sections (with
scales) and tabulations of intercepts should
be included for any significant discovery
being reported These should include, but
not be limited to a plan view of drill hole
collar locations and appropriate sectional
views.
Relevant diagrams have been included
within the announcement.
Balanced
reporting
Where comprehensive reporting of all
Exploration Results is not practicable,
representative reporting of both low and
high grades and/or widths should be
practiced to avoid misleading reporting of
Exploration Results.

Assay data has been represented for
all holes drilled in the project area.
Other
substantive
exploration data
Other exploration data, if meaningful and
material, should be reported including (but
not limited to): geological observations;
geophysical survey results; geochemical
survey results; bulk samples – size and
method of treatment; metallurgical test
results; bulk density, groundwater,
geotechnical and rock characteristics;
potential deleterious or contaminating
substances.
No other substantive data exists.
Further work
The nature and scale of planned further
work (eg tests for lateral extensions or
depth extensions or large-scale step-
out drilling).

Diagrams clearly highlighting the areas
of possible extensions, including the
main geological interpretations and
future drilling areas, provided this
information is not commercially
sensitive.

FBM plans to conduct further target
generative exploration including
geophysical review and surface
sampling.

FBM will schedule drill testing of the
Miriam project which is scheduled for
July 2025.

Refer to figures/diagrams in the main
body of text.

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[email protected] +61 8 6383 7817 futurebatteryminerals.com.au

Future Battery Minerals Ltd Suite 10, 38 Colin St, West Perth WA 6005 ABN 91 148 966 545

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