RESOLUTION MINERALS LTD — Board/Management Information 2023

Nov 23, 2023

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NATIVE TITLE MINING AGREEMENT SIGNED

AND DIRECTOR APPOINTMENT

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Figure 1. George Project, South Australia, with Etadunna Silica Sands Prospect and neighbouring Uranium mines

HIGHLIGHTS:

• Non-Executive Director appointment of Mr Mendel Rogatsky

• A Native Title Mining Agreement (NTMA) has been signed with the Dieri Aboriginal Corporation (TDAC) for the George Project, which is prospective for High Purity Silica Sands (HPSS) and Kazakhstan-style roll-front Uranium mineralisation across a large 3,609km[2] holding

• A heritage survey and drilling approvals can now be completed ahead of drilling in early 2024

• The 100% Company-owned George Project complements Resolution’s new energy metals portfolio and provides RML with a low-cost opportunity to maximise shareholder value

CAPITAL STRUCTURE Ordinary Shares Issued 1,257 M Options and rights Listed options 625 M @ 1.5c Unlisted options 79 M @ 3c Unlisted options 83 M @ 0.8c Unlisted performance rights 44 M

BOARD Last Capital Raise Apr-23 - Placement Duncan Chessell - Chairman $0.8M @ 0.5c Dr Paul Kitto - NED Jarek Kopias - Co Sec, CFO Level 4, 29 King William Street Adelaide SA 5000 www.resolutionminerals.com

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ASX RELEASE

BOARD CHANGES

Chairman Duncan Chessell commented:

We welcome Mr Rogatsky to the board, his business acumen, extensive network, fundraising support, and value creation opportunities he brings are a win for RML’s shareholders.

The Company is currently focussing efforts on two key projects in 2024 – our HPSS George Project in South Australia and the Allegra Nickel Project in Alaska, both commodities in demand for a net zero carbon future.

The recent sale of the Wollogorang Project was the first step in focussing the company on value accretive assets. Over the next 12 months remaining non-core assets will be monetised or farmed out to enable focus on our two key projects in HPSS and Nickel; for example, the BHP-funded exploration on the Benmara Project will be retained as it provides significant free-carried interest for long term value creation for our shareholders.

Resolution Minerals Ltd (ASX: RML) is pleased to announce the appointment of Mr Mendel

Rogatsky as a new non-executive director of Resolution Minerals. Mr Rogatsky is a successful New York businessman who brings a wealth of experience and international investment opportunities to the company. The Board of RML welcome Mr Rogatsky to the team and looks forward to the breadth of experience and opportunities his appointment will provide for RML and its shareholders. He will commence his role with the Company on 30 November 2023. Mr Rogatsky has indicated he wishes to accept shares in RML in lieu of cash for his non-execute Director fee ($40,000 pa), subject to shareholder approval. The price of shares in the first 12 months will be the 20-day VWAP before his appointment (30/11/2023) and, thereafter, the 20-day VWAP before the AGM.

NATIVE TITLE MINING AGREEMENT SIGNED

Resolution Minerals is also pleased to announce that a Native Title Mining Agreement (NTMA) has now been signed, allowing the exploration team to move on to the next stage of exploration on the George Silica Sand & Uranium Project.

The Company is working with the traditional owners on planning for a heritage clearance with the aim of commencing drilling in early 2024 on the Etadunna HPSS (high-purity silica sand) Prospect. Samples will

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be obtained to a depth of 50m for metallurgy testing to confirm historical assay results, evaluate the economic potential and inform an internal scoping study and next steps for the project.

The George Project, prospective for both High Purity Silica (HPSS) and uranium, is a central part of the Resolution focus on building a portfolio of quality critical energy metals projects with commodities required to meet future global demands for a carbon-neutral economy. RML now holds multiple projects prospective for silica sands, uranium, nickel, copper and manganese, as well as a ~5% stake in Midwest Lithium – all commodities projected to be in high demand.

Authorised for release by the Chairman of Resolution Minerals Ltd

For further information, please contact Julian Harvey

Julian Harvey

Investor Communications Resolution Minerals Ltd M: +61 404 897 584 j.harvey@resolutionminerals.com

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Figure 2. Resolution’s Projects; Including 100% interest in South Australian George Project, Northern Territory Carrara Range Project and BHP Farm-in agreement in place on the 100% owned Benmara Project. International projects include 100% interest in Alaska Allegra Project and 51% interest in Alaska 64North Project.

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