RESOLUTION MINERALS LTD — Investor Presentation 2020

Nov 4, 2020

5 November 2020

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Alaska Miners Association Convention Technical Presentation of the 64North Project

The annual Alaska Miners Association (AMA) Convention provides an opportunity to take a closer look at the technical aspects of the 64North Project from a geologist’s perspective .

Resolution Minerals’ own Exploration Manager, Christine Lawley presented her technical paper titled, "64North Project - First Year Exploration Highlights from an Emerging Gold Camp!” at the AMA Convention overnight in Alaska.

The 30 minute video of the presentation is available from Resolution’s website. www.resolutionminerals.com/investor-center/ama-presentation-nov-2020

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Drilling recommenced on 2 November 2020 at the “Central Zone” of the Aurora Prospect adjacent to the world-class, high-grade 11 M oz Pogo Gold Mine and the Goodpaster Prospect owned by ASX listed Northern Star Resources Ltd.

CAPITAL STRUCTURE

BOARD

Ordinary Shares Issued 279 M

Options and rights Listed options 6.1 M @ 10c Listed options 69.8 M @ 12c Unlisted options 12.3 M @ 25c Unlisted options 13.4 M @ 6c Unlisted rights 7.5 M

Performance Shares Class A 9.6 M Class B 3.6 M Last Capital Raise August 2020 - Placement & SPP $5.1M @ 7c

Len Dean - Chair Duncan Chessell - MD Andrew Shearer - NED Craig Farrow - NED Jarek Kopias - Co Sec

Level 4, 29-31 King William Street, Adelaide SA 5000

64North Project - First Year Exploration Highlights From An Emerging Gold Camp!

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1

DISCLAIMER, JORC INFORMATION & COMPETENT PERSONS STATEMENT

T h i s p r e s e n t a t i o n h a s b e e n p r e p a r e d b y R e s o l u t i o n M i n e r a l s L t d ( R e s o l u t i o n ) . T h i s d o c u m e n t c o n t a i n s b a c k g r o u n d i n f o r m a t i o n a b o u t R e s o l u t i o n c u r r e n t a t t h e d a t e o f t h i s p r e s e n t a t i o n . T h e p r e s e n t a t i o n i s i n s u m m a r y f o r m a n d d o e s n o t p u r p o r t t o b e a l l i n c l u s i v e o r c o m p l e t e . R e c i p i e n t s s h o u l d c o n d u c t t h e i r o w n i n v e s t i g a t i o n s a n d p e r f o r m t h e i r o w n a n a l y s i s i n o r d e r t o s a t i s f y t h e m s e l v e s a s t o t h e a c c u r a c y a n d c o m p l e t e n e s s o f t h e i n f o r m a t i o n , s t a t e m e n t s a n d o p i n i o n s c o n t a i n e d i n t h i s p r e s e n t a t i o n . T h i s p r e s e n t a t i o n i s f o r i n f o r m a t i o n p u r p o s e s o n l y . N e i t h e r t h i s p r e s e n t a t i o n n o r t h e i n f o r m a t i o n c o n t a i n e d i n i t c o n s t i t u t e s a n o f f e r , i n v i t a t i o n , s o l i c i t a t i o n o r r e c o m m e n d a t i o n i n r e l a t i o n t o t h e p u r c h a s e o r s a l e s o f s h a r e s o r o t h e r s e c u r i t i e s i n a n y j u r i s d i c t i o n . T h i s p r e s e n t a t i o n i s n o t a p r o s p e c t u s , p r o d u c t d i s c l o s u r e s t a t e m e n t o r o t h e r o f f e r i n g d o c u m e n t u n d e r A u s t r a l i a n l a w ( a n d w i l l n o t b e l o d g e d w i t h t h e A u s t r a l i a n S e c u r i t i e s a n d I n v e s t m e n t s C o m m i s s i o n ( A S I C ) ) o r a n y o t h e r l a w . T h i s p r e s e n t a t i o n d o e s n o t c o n s t i t u t e i n v e s t m e n t o r f i n a n c i a l p r o d u c t a d v i c e ( n o r t a x , a c c o u n t i n g o r l e g a l a d v i c e ) a n d h a s b e e n p r e p a r e d w i t h o u t t a k i n g i n t o a c c o u n t t h e r e c i p i e n t ’ s i n v e s t m e n t o b j e c t i v e s , f i n a n c i a l c i r c u m s t a n c e s o r p a r t i c u l a r n e e d s a n d t h e o p i n i o n s a n d r e c o m m e n d a t i o n s i n t h i s p r e s e n t a t i o n a r e n o t i n t e n d e d t o r e p r e s e n t r e c o m m e n d a t i o n s o f p a r t i c u l a r i n v e s t m e n t s t o p a r t i c u l a r p e r s o n s . R e c i p i e n t s s h o u l d s e e k p r o f e s s i o n a l a d v i c e w h e n d e c i d i n g i f a n i n v e s t m e n t i s a p p r o p r i a t e . A l l s e c u r i t i e s i n v o l v e r i s k s w h i c h i n c l u d e ( a m o n g o t h e r s ) t h e r i s k o f a d v e r s e o r u n a n t i c i p a t e d m a r k e t , f i n a n c i a l o r p o l i t i c a l d e v e l o p m e n t s . T o t h e f u l l e s t e x t e n t p e r m i t t e d b y l a w , R e s o l u t i o n , i t s o f f i c e r s , e m p l o y e e s , a g e n t s a n d a d v i s o r s d o n o t m a k e a n y r e p r e s e n t a t i o n o r w a r r a n t y , e x p r e s s o r i m p l i e d , a s t o t h e c u r r e n c y , a c c u r a c y , r e l i a b i l i t y o r c o m p l e t e n e s s o f a n y i n f o r m a t i o n , s t a t e m e n t s , o p i n i o n s , e s t i m a t e s , f o r e c a s t s o r o t h e r r e p r e s e n t a t i o n s c o n t a i n e d i n t h i s p r e s e n t a t i o n . N o r e s p o n s i b i l i t y f o r a n y e r r o r s o r o m i s s i o n s f r o m t h i s p r e s e n t a t i o n a r i s i n g o u t o f n e g l i g e n c e o r o t h e r w i s e a r e a c c e p t e d . T h i s p r e s e n t a t i o n m a y i n c l u d e f o r w a r d - l o o k i n g s t a t e m e n t s . F o r w a r d - l o o k i n g s t a t e m e n t s a r e o n l y p r e d i c t i o n s a n d a r e s u b j e c t t o r i s k s , u n c e r t a i n t i e s a n d a s s u m p t i o n s w h i c h a r e o u t s i d e t h e c o n t r o l o f R e s o l u t i o n . A c t u a l v a l u e s , r e s u l t s o r e v e n t s m a y b e m a t e r i a l l y d i f f e r e n t t o t h o s e e x p r e s s e d o r i m p l i e d i n t h i s p r e s e n t a t i o n . G i v e n t h e s e u n c e r t a i n t i e s , r e c i p i e n t s a r e c a u t i o n e d n o t t o p l a c e r e l i a n c e o n f o r w a r d l o o k i n g s t a t e m e n t s . A n y f o r w a r d - l o o k i n g s t a t e m e n t s i n t h i s p r e s e n t a t i o n s p e a k o n l y a t t h e d a t e o f i s s u e o f t h i s p r e s e n t a t i o n . S u b j e c t t o a n y c o n t i n u i n g o b l i g a t i o n s u n d e r a p p l i c a b l e l a w , R e s o l u t i o n d o e s n o t u n d e r t a k e a n y o b l i g a t i o n t o u p d a t e o r r e v i s e a n y i n f o r m a t i o n o r a n y o f t h e f o r w a r d - l o o k i n g s t a t e m e n t s i n t h i s p r e s e n t a t i o n o r a n y c h a n g e s i n e v e n t s , c o n d i t i o n s , o r c i r c u m s t a n c e s o n w h i c h a n y s u c h f o r w a r d l o o k i n g s t a t e m e n t i s b a s e d .

J O R C I n f o r m a t i o n

a f f e c t s t h e i n f o r m a t i o n i n c l u d e d i n t h e a n n o u n c e m e n t s l i s t e d b e l o w .

T h i s r e p o r t i n c l u d e s r e s u l t s t h a t h a v e p r e v i o u s l y b e e n r e l e a s e d u n d e r J O R C 2 0 1 2 b y t h e C o m p a n y “ B i n d i n g a g r e e m e n t e a r n i n g 8 0 % o f G o l d P r o j e c t i n A l a s k a ” o n 1 7 O c t o b e r 2 0 1 9 , “ 2 0 1 9 A G M M a n a g i n g D i r e c t o r ’ s P r e s e n t a t i o n ” o n 2 6 N o v e m b e r 2 0 1 9 , “ E x p l o r a t i o n U p d a t e - 6 4 N o r t h P r o j e c t A l a s k a ” o n 1 4 M a y 2 0 2 0 , “ D r i l l i n g U p d a t e - 6 4 N o r t h P r o j e c t A l a s k a ” o n 2 4 J u n e 2 0 2 0 , “ I n v e s t o r P r e s e n t a t i o n - N o o s a M i n i n g V i r t u a l C o n f e r e n c e ” o n 1 3 J u l y 2 0 2 0 , “ D r i l l i n g C o m m e n c e d a t R e f l e c t i o n P r o s p e c t - 6 4 N o r t h ” o n 2 5 A u g u s t 2 0 2 0 , “ A s s a y s a n d O p e r a t i o n s U p d a t e 6 4 N o r t h P r o j e c t A l a s k a ” o n 1 0 S e p t e m b e r 2 0 2 0 , “ B o u n d a r y P r o s p e c t R e s u l t s a t P o g o T r e n d - 6 4 N o r t h P r o j e c t ” o n 2 4 S e p t e m b e r 2 0 2 0 , “ D r i l l i n g R e s u l t s W e s t P o g o B l o c k – 6 4 N o r t h P r o j e c t , A l a s k a ” o n 2 9 S e p t e m b e r 2 0 2 0 a n d “ Q u a r t e r l y A c t i v i t i e s a n d c a s h f l o w R e p o r t 3 0 S e p t e m b e r 2 0 2 0 ” o n 3 0 O c t o b e r 2 0 2 0 .

C o m p e t e n t P e r s o n s S t a t e m e n t

T h e i n f o r m a t i o n i n t h i s r e p o r t t h a t r e l a t e s t o E x p l o r a t i o n R e s u l t s i s b a s e d o n i n f o r m a t i o n c o m p i l e d b y M r D u n c a n C h e s s e l l w h o i s a m e m b e r o f t h e A u s t r a l a s i a n I n s t i t u t e o f M i n i n g a n d M e t a l l u r g y a n d A u s t r a l i a n I n s t i t u t e o f G e o s c i e n t i s t s . M r C h e s s e l l i s a D i r e c t o r a n d f u l l - t i m e e m p l o y e e o f t h e c o m p a n y . M r C h e s s e l l h o l d s S h a r e s , O p t i o n s a n d P e r f o r m a n c e R i g h t s i n t h e C o m p a n y a s h a s b e e n p r e v i o u s l y d i s c l o s e d . M r C h e s s e l l h a s s u f f i c i e n t e x p e r i e n c e t h a t i s r e l e v a n t t o t h e s t y l e o f m i n e r a l i s a t i o n a n d t y p e o f d e p o s i t u n d e r c o n s i d e r a t i o n a n d t o t h e a c t i v i t y b e i n g u n d e r t a k e n t o q u a l i f y a s a C o m p e t e n t P e r s o n a s d e f i n e d i n t h e 2 0 1 2 E d i t i o n o f t h e ‘ A u s t r a l i a n C o d e f o r R e p o r t i n g o f E x p l o r a t i o n R e s u l t s , M i n e r a l R e s o u r c e s a n d O r e R e s e r v e s ’ . M r D u n c a n C h e s s e l l c o n s e n t s t o t h e i n c l u s i o n i n t h e r e p o r t o f t h e m a t t e r s b a s e d o n h i s i n f o r m a t i o n i n t h e f o r m i n w h i c h i t i s a p p e a r s .

O w n e r s h i p s t r u c t u r e 6 4 N o r t h P r o j e c t : V e n d o r M i l l r o c k R e s o u r c e s T S X V : M R O , 4 y e a r e a r n - i n U S $ 5 m / y r a n d J V a g r e e m e n t t o e a r n 6 0 % i n t e r e s t , w i t h p a t h w a y t o e a r n u p t o 8 0 % o n a “ b e s t b l o c k ” . M a n d a t o r y e x p l o r a t i o n s p e n d $ 1 M / y e a r o u t s i d e W e s t P o g o B l o c k . A o n e - o f f g r a c e p e r i o d o f 6 m o n t h s a l l o w e d t h r o u g h t h e t e r m o f t h e e a r n - i n ( A S X : N 2 7 1 7 / 1 0 / 1 9 ) .

T i n t i n t a G o l d P r o v i n c e M a p – s o u r c e o f d a t a : P e b b l e ( N o r t h e r n D y n a s t y , w w w . n o r t h e r n d y n a s t y m i n e r a l s . c o m ) , P o g o ( N o r t h e r n S t a r R e s o u r c e s , w w w . n s r l t d . c o m ) , F o r t K n o x ( K i n r o s s , w w w . k i n r o s s . c o m ) , D o n l i n C r e e k ( N o v a G o l d , w w w . n o v a g o l d . c o m ) , L i v e n g o o d ( I n t e r n a t i o n a l T o w e r H i l l M i n e s , w w w . i t h m i n e s . c o m ) , E a g l e & D u b l i n G u l c h ( V i c t o r i a G o l d C o r p , w w w . v g c x . c o m ) , B r e w e r y C r e e k ( G o l d e n P r e d a t o r , w w w . g o l d e n p r e d a t o r . c o m ) , W h i t e G o l d ( W h i t e G o l d C o r p , w h i t e g o l d c o r p . c a ) , C o f f e e ( N e w m o n t , w w w . n e w m o n t . c o m ) , K e n s i n g t o n ( C o e u r M i n i n g , w w w . c o e u r . c o m ) .

A d d i t i o n a l d e t a i l s i n c l u d i n g J O R C 2 0 1 2 r e p o r t i n g t a b l e s , w h e r e a p p l i c a b l e c a n b e f o u n d i n t h e f o l l o w i n g r e l e v a n t

a n n o u n c e m e n t s l o d g e d w i t h t h e A S X a n d t h e C o m p a n y i s n o t a w a r e o f a n y n e w d a t a o r i n f o r m a t i o n t h a t m a t e r i a l l y

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2

	CORPORATE SNAPSHOT Capital Structure 1 November 2020 Ordinary Shares (ASX:RML) 279m Market Capitalisation (A$) - 3.8 cents (30/10/2020) $10.6m Cash (A$) (30 Sep 20) (last quarterly report) $4.6m Enterprise Value (A$) $6m Listed Options $0.10/sh, expire 30/6/22 (ASX:RMLOA) 6.1m Listed Options $0.12/sh, expire 30/9/23 (ASX:RMLOB) 69.8m Unlisted Options $0.25/sh, expire 6/9/21 (5.8m) & 21/3/21 (6.5m) 12.3m Unlisted Options $0.06/$0.08/$0.10/sh, expire 30/11/22 13.4m Unlisted rights 7.5m Performance Shares - Class A (milestones on Wollogorang project) 9.6m Performance Shares - Class B (milestones on Wollogorang project) 3.6m Technical Team Resolution Minerals Ltd Christine Lawley -Exploration Manager Christine has 15 years’ mineral exploration experience in gold, base and strategic metals with Newmont, Musgrave Minerals and Iluka and holds a Masters Degree in Ore Deposit Geology. Before joining RML Christine was consulting for 5 years in Australia to multiple ASX listed companies on greenfield projects. Christine leads a combined North American and Australian 64North Project technical team and as well as overall Exploration Manager for Resolution in a full-time capacity. Kelvin Blundell -Consulting Geophysicist Sandfire’s consulting geophysicist for the significant DeGrussa Cu-Au massive-sulphide discovery with 20 years experience in Australia, Canada and Africa. Projects 64North Project; Gold; Fairbanks Alaska (earning up to a 80% interest) The 64North Project is adjacent to Northern Star’s (NST) high grade world class operating Pogo Gold Mine with a 11M oz Au endowment. A brown fields project only 800m from recent discovery success by Northern Star. Drilling underway with a strong pipeline of regional targets. Wollogorang Project; Copper- Cobalt & Uranium; NT, Australia Stanton Cobalt Deposit - inferred & indicated JORC 2012 resource containing 1200 tonnes of cobalt. Drill ready base metal (Copper) targets, with uranium prospectivity. Snettisham Project: Gold and Ti-V-Magnetite potential, Juneau, Alaska Three (3) historic gold mines on the property in the same geological setting and style as the 1.5M oz Kensington Gold Mine operating today nearby in the Juneau Gold Belt. Also a conceptual large target of vanadium bearing titaniferous magnetite, which is drill ready. Len Dean -Chairman Non-Executive; Metallurgist, experienced ASX Chairman, BHP Marketing Director Iron Ore and Group General Manager Minerals Marketing. MD of India’s largest listed Iron Ore Company. Over 45 years ndustry experience. ndrew Shearer -Director on-Executive; Geophysicist with a technical and corporate background as resource analyst. Currently lso a Non-Executive Director of Andromeda Metals (ASX:ADN), Investigator Resources (ASX:IVR) nd part-time Executive Director of Okapi Resources (ASX:OKR). Duncan Chessell -Managing Director Geologist, 20+ years experience in business and oil, gas and mineral exploration (gold, battery and base metals) and project generation in Australia and Papua New Guinea. Expert in remote & cold weather logistics. Currently also Non-Executive Director of the Outdoor Education Group. raig Farrow- Director on-Executive; Accountant with a strong commercial acumen across multi sectors including agriculture nd telecommunications. Previous Directorships include Vocus Group (ASX:VOC) amongst others.	CORPORATE SNAPSHOT Capital Structure 1 November 2020 Ordinary Shares (ASX:RML) 279m Market Capitalisation (A$) - 3.8 cents (30/10/2020) $10.6m Cash (A$) (30 Sep 20) (last quarterly report) $4.6m Enterprise Value (A$) $6m Listed Options $0.10/sh, expire 30/6/22 (ASX:RMLOA) 6.1m Listed Options $0.12/sh, expire 30/9/23 (ASX:RMLOB) 69.8m Unlisted Options $0.25/sh, expire 6/9/21 (5.8m) & 21/3/21 (6.5m) 12.3m Unlisted Options $0.06/$0.08/$0.10/sh, expire 30/11/22 13.4m Unlisted rights 7.5m Performance Shares - Class A (milestones on Wollogorang project) 9.6m Performance Shares - Class B (milestones on Wollogorang project) 3.6m Technical Team Resolution Minerals Ltd Christine Lawley -Exploration Manager Christine has 15 years’ mineral exploration experience in gold, base and strategic metals with Newmont, Musgrave Minerals and Iluka and holds a Masters Degree in Ore Deposit Geology. Before joining RML Christine was consulting for 5 years in Australia to multiple ASX listed companies on greenfield projects. Christine leads a combined North American and Australian 64North Project technical team and as well as overall Exploration Manager for Resolution in a full-time capacity. Kelvin Blundell -Consulting Geophysicist Sandfire’s consulting geophysicist for the significant DeGrussa Cu-Au massive-sulphide discovery with 20 years experience in Australia, Canada and Africa. Projects 64North Project; Gold; Fairbanks Alaska (earning up to a 80% interest) The 64North Project is adjacent to Northern Star’s (NST) high grade world class operating Pogo Gold Mine with a 11M oz Au endowment. A brown fields project only 800m from recent discovery success by Northern Star. Drilling underway with a strong pipeline of regional targets. Wollogorang Project; Copper- Cobalt & Uranium; NT, Australia Stanton Cobalt Deposit - inferred & indicated JORC 2012 resource containing 1200 tonnes of cobalt. Drill ready base metal (Copper) targets, with uranium prospectivity. Snettisham Project: Gold and Ti-V-Magnetite potential, Juneau, Alaska Three (3) historic gold mines on the property in the same geological setting and style as the 1.5M oz Kensington Gold Mine operating today nearby in the Juneau Gold Belt. Also a conceptual large target of vanadium bearing titaniferous magnetite, which is drill ready. Len Dean -Chairman Non-Executive; Metallurgist, experienced ASX Chairman, BHP Marketing Director Iron Ore and Group General Manager Minerals Marketing. MD of India’s largest listed Iron Ore Company. Over 45 years ndustry experience. ndrew Shearer -Director on-Executive; Geophysicist with a technical and corporate background as resource analyst. Currently lso a Non-Executive Director of Andromeda Metals (ASX:ADN), Investigator Resources (ASX:IVR) nd part-time Executive Director of Okapi Resources (ASX:OKR). Duncan Chessell -Managing Director Geologist, 20+ years experience in business and oil, gas and mineral exploration (gold, battery and base metals) and project generation in Australia and Papua New Guinea. Expert in remote & cold weather logistics. Currently also Non-Executive Director of the Outdoor Education Group. raig Farrow- Director on-Executive; Accountant with a strong commercial acumen across multi sectors including agriculture nd telecommunications. Previous Directorships include Vocus Group (ASX:VOC) amongst others.	CORPORATE SNAPSHOT Capital Structure 1 November 2020 Ordinary Shares (ASX:RML) 279m Market Capitalisation (A$) - 3.8 cents (30/10/2020) $10.6m Cash (A$) (30 Sep 20) (last quarterly report) $4.6m Enterprise Value (A$) $6m Listed Options $0.10/sh, expire 30/6/22 (ASX:RMLOA) 6.1m Listed Options $0.12/sh, expire 30/9/23 (ASX:RMLOB) 69.8m Unlisted Options $0.25/sh, expire 6/9/21 (5.8m) & 21/3/21 (6.5m) 12.3m Unlisted Options $0.06/$0.08/$0.10/sh, expire 30/11/22 13.4m Unlisted rights 7.5m Performance Shares - Class A (milestones on Wollogorang project) 9.6m Performance Shares - Class B (milestones on Wollogorang project) 3.6m Technical Team Resolution Minerals Ltd Christine Lawley -Exploration Manager Christine has 15 years’ mineral exploration experience in gold, base and strategic metals with Newmont, Musgrave Minerals and Iluka and holds a Masters Degree in Ore Deposit Geology. Before joining RML Christine was consulting for 5 years in Australia to multiple ASX listed companies on greenfield projects. Christine leads a combined North American and Australian 64North Project technical team and as well as overall Exploration Manager for Resolution in a full-time capacity. Kelvin Blundell -Consulting Geophysicist Sandfire’s consulting geophysicist for the significant DeGrussa Cu-Au massive-sulphide discovery with 20 years experience in Australia, Canada and Africa. Projects 64North Project; Gold; Fairbanks Alaska (earning up to a 80% interest) The 64North Project is adjacent to Northern Star’s (NST) high grade world class operating Pogo Gold Mine with a 11M oz Au endowment. A brown fields project only 800m from recent discovery success by Northern Star. Drilling underway with a strong pipeline of regional targets. Wollogorang Project; Copper- Cobalt & Uranium; NT, Australia Stanton Cobalt Deposit - inferred & indicated JORC 2012 resource containing 1200 tonnes of cobalt. Drill ready base metal (Copper) targets, with uranium prospectivity. Snettisham Project: Gold and Ti-V-Magnetite potential, Juneau, Alaska Three (3) historic gold mines on the property in the same geological setting and style as the 1.5M oz Kensington Gold Mine operating today nearby in the Juneau Gold Belt. Also a conceptual large target of vanadium bearing titaniferous magnetite, which is drill ready. Len Dean -Chairman Non-Executive; Metallurgist, experienced ASX Chairman, BHP Marketing Director Iron Ore and Group General Manager Minerals Marketing. MD of India’s largest listed Iron Ore Company. Over 45 years ndustry experience. ndrew Shearer -Director on-Executive; Geophysicist with a technical and corporate background as resource analyst. Currently lso a Non-Executive Director of Andromeda Metals (ASX:ADN), Investigator Resources (ASX:IVR) nd part-time Executive Director of Okapi Resources (ASX:OKR). Duncan Chessell -Managing Director Geologist, 20+ years experience in business and oil, gas and mineral exploration (gold, battery and base metals) and project generation in Australia and Papua New Guinea. Expert in remote & cold weather logistics. Currently also Non-Executive Director of the Outdoor Education Group. raig Farrow- Director on-Executive; Accountant with a strong commercial acumen across multi sectors including agriculture nd telecommunications. Previous Directorships include Vocus Group (ASX:VOC) amongst others.	CORPORATE SNAPSHOT Capital Structure 1 November 2020 Ordinary Shares (ASX:RML) 279m Market Capitalisation (A$) - 3.8 cents (30/10/2020) $10.6m Cash (A$) (30 Sep 20) (last quarterly report) $4.6m Enterprise Value (A$) $6m Listed Options $0.10/sh, expire 30/6/22 (ASX:RMLOA) 6.1m Listed Options $0.12/sh, expire 30/9/23 (ASX:RMLOB) 69.8m Unlisted Options $0.25/sh, expire 6/9/21 (5.8m) & 21/3/21 (6.5m) 12.3m Unlisted Options $0.06/$0.08/$0.10/sh, expire 30/11/22 13.4m Unlisted rights 7.5m Performance Shares - Class A (milestones on Wollogorang project) 9.6m Performance Shares - Class B (milestones on Wollogorang project) 3.6m Technical Team Resolution Minerals Ltd Christine Lawley -Exploration Manager Christine has 15 years’ mineral exploration experience in gold, base and strategic metals with Newmont, Musgrave Minerals and Iluka and holds a Masters Degree in Ore Deposit Geology. Before joining RML Christine was consulting for 5 years in Australia to multiple ASX listed companies on greenfield projects. Christine leads a combined North American and Australian 64North Project technical team and as well as overall Exploration Manager for Resolution in a full-time capacity. Kelvin Blundell -Consulting Geophysicist Sandfire’s consulting geophysicist for the significant DeGrussa Cu-Au massive-sulphide discovery with 20 years experience in Australia, Canada and Africa. Projects 64North Project; Gold; Fairbanks Alaska (earning up to a 80% interest) The 64North Project is adjacent to Northern Star’s (NST) high grade world class operating Pogo Gold Mine with a 11M oz Au endowment. A brown fields project only 800m from recent discovery success by Northern Star. Drilling underway with a strong pipeline of regional targets. Wollogorang Project; Copper- Cobalt & Uranium; NT, Australia Stanton Cobalt Deposit - inferred & indicated JORC 2012 resource containing 1200 tonnes of cobalt. Drill ready base metal (Copper) targets, with uranium prospectivity. Snettisham Project: Gold and Ti-V-Magnetite potential, Juneau, Alaska Three (3) historic gold mines on the property in the same geological setting and style as the 1.5M oz Kensington Gold Mine operating today nearby in the Juneau Gold Belt. Also a conceptual large target of vanadium bearing titaniferous magnetite, which is drill ready. Len Dean -Chairman Non-Executive; Metallurgist, experienced ASX Chairman, BHP Marketing Director Iron Ore and Group General Manager Minerals Marketing. MD of India’s largest listed Iron Ore Company. Over 45 years ndustry experience. ndrew Shearer -Director on-Executive; Geophysicist with a technical and corporate background as resource analyst. Currently lso a Non-Executive Director of Andromeda Metals (ASX:ADN), Investigator Resources (ASX:IVR) nd part-time Executive Director of Okapi Resources (ASX:OKR). Duncan Chessell -Managing Director Geologist, 20+ years experience in business and oil, gas and mineral exploration (gold, battery and base metals) and project generation in Australia and Papua New Guinea. Expert in remote & cold weather logistics. Currently also Non-Executive Director of the Outdoor Education Group. raig Farrow- Director on-Executive; Accountant with a strong commercial acumen across multi sectors including agriculture nd telecommunications. Previous Directorships include Vocus Group (ASX:VOC) amongst others.
i A N a a C N a	Len Dean -Chairman Non-Executive; Metallurgist, experienced ASX Chairman, BHP Marketing Director Iron Ore and Group General Manager Minerals Marketing. MD of India’s largest listed Iron Ore Company. Over 45 years ndustry experience. ndrew Shearer -Director on-Executive; Geophysicist with a technical and corporate background as resource analyst. Currently lso a Non-Executive Director of Andromeda Metals (ASX:ADN), Investigator Resources (ASX:IVR) nd part-time Executive Director of Okapi Resources (ASX:OKR). Duncan Chessell -Managing Director Geologist, 20+ years experience in business and oil, gas and mineral exploration (gold, battery and base metals) and project generation in Australia and Papua New Guinea. Expert in remote & cold weather logistics. Currently also Non-Executive Director of the Outdoor Education Group. raig Farrow- Director on-Executive; Accountant with a strong commercial acumen across multi sectors including agriculture nd telecommunications. Previous Directorships include Vocus Group (ASX:VOC) amongst others.	Capital Structure 1 November 2020
		Ordinary Shares (ASX:RML)		279m
		Market Capitalisation (A$) - 3.8 cents (30/10/2020)		$10.6m
		Cash (A$) (30 Sep 20) (last quarterly report)		$4.6m
		Enterprise Value (A$)		$6m
		Listed Options $0.10/sh, expire 30/6/22 (ASX:RMLOA)		6.1m
		Listed Options $0.12/sh, expire 30/9/23 (ASX:RMLOB)		69.8m
		Unlisted Options $0.25/sh, expire 6/9/21 (5.8m) & 21/3/21 (6.5m)		12.3m
		Unlisted Options $0.06/$0.08/$0.10/sh, expire	30/11/22	13.4m
		Unlisted rights		7.5m
		Performance Shares - Class A (milestones on	Wollogorang project)	9.6m
		Performance Shares - Class B (milestones on	Wollogorang project)	3.6m
		Projects 64North Project; Gold; Fairbanks Alaska (earning up to a 80% interest) The 64North Project is adjacent to Northern Star’s (NST) high grade world class operating Pogo Gold Mine with a 11M oz Au endowment. A brown fields project only 800m from recent discovery success by Northern Star. Drilling underway with a strong pipeline of regional targets. Wollogorang Project; Copper- Cobalt & Uranium; NT, Australia Stanton Cobalt Deposit - inferred & indicated JORC 2012 resource containing 1200 tonnes of cobalt. Drill ready base metal (Copper) targets, with uranium prospectivity. Snettisham Project: Gold and Ti-V-Magnetite potential, Juneau, Alaska Three (3) historic gold mines on the property in the same geological setting and style as the 1.5M oz Kensington Gold Mine operating today nearby in the Juneau Gold Belt. Also a conceptual large target of vanadium bearing titaniferous magnetite, which is drill ready.
Technical Team Resolution Minerals Ltd Christine Lawley -Exploration Manager Christine has 15 years’ mineral exploration experience in gold, base and strategic metals with Newmont, Musgrave Minerals and Iluka and holds a Masters Degree in Ore Deposit Geology. Before joining RML Christine was consulting for 5 years in Australia to multiple ASX listed companies on greenfield projects. Christine leads a combined North American and Australian 64North Project technical team and as well as overall Exploration Manager for Resolution in a full-time capacity. Kelvin Blundell -Consulting Geophysicist Sandfire’s consulting geophysicist for the significant DeGrussa Cu-Au massive-sulphide discovery with 20 years experience in Australia, Canada and Africa.	Technical Team Resolution Minerals Ltd Christine Lawley -Exploration Manager Christine has 15 years’ mineral exploration experience in gold, base and strategic metals with Newmont, Musgrave Minerals and Iluka and holds a Masters Degree in Ore Deposit Geology. Before joining RML Christine was consulting for 5 years in Australia to multiple ASX listed companies on greenfield projects. Christine leads a combined North American and Australian 64North Project technical team and as well as overall Exploration Manager for Resolution in a full-time capacity. Kelvin Blundell -Consulting Geophysicist Sandfire’s consulting geophysicist for the significant DeGrussa Cu-Au massive-sulphide discovery with 20 years experience in Australia, Canada and Africa.

Duncan Chessell - Managing Director Geologist, 20+ years experience in business and oil, gas and mineral exploration (gold, battery and base metals) and project generation in Australia and Papua New Guinea. Expert in remote & cold weather logistics. Currently also Non-Executive Director of the Outdoor Education Group.

Len Dean - Chairman

Non-Executive; Metallurgist, experienced ASX Chairman, BHP Marketing Director Iron Ore and Group General Manager Minerals Marketing. MD of India’s largest listed Iron Ore Company. Over 45 years industry experience.

Andrew Shearer - Director

Non-Executive; Geophysicist with a technical and corporate background as resource analyst. Currently also a Non-Executive Director of Andromeda Metals (ASX:ADN), Investigator Resources (ASX:IVR) and part-time Executive Director of Okapi Resources (ASX:OKR).

Craig Farrow - Director Non-Executive; Accountant with a strong commercial acumen across multi sectors including agriculture and telecommunications. Previous Directorships include Vocus Group (ASX:VOC) amongst others.

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3

ALASKA TINTINA GOLD PROVINCE – GIANT GOLD DEPOSITS!

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Resolution’s 64North Project

• Within the Yukon Tanana Upland of the highly endowed Tintina Gold Province.

• 120km east of Fairbanks.

• 660km[2] land package surrounds the high-grade 11Moz Au Pogo Mine and falls within the Goodpaster District .

• 64North is an underexplored emerging Gold Camp scale system!

Deposit sizes stated as Endowment (Resources & Reserves + Historic Production), from Company websites, as listed on disclaimer slide

4

64NORTH PROJECT – GOODPASTER DISTRICT GEOLOGY

Pogo

Goodpaster District – Red Rectangle

The Goodpaster District is bound by the Shaw Creek Fault to the NW and the Black Mountain Tectonic Zone to the SE (both left lateral conjugate faults trending SW-NE).

The Goodpaster District geology is dominated by amphibolite facies basement (Devonian-Mississippian Fairbanks-Chena assemblages), intruded by the mid-Cretaceous Goodpaster batholith (mKg). Targeting Intrusion Related Gold System.

(Dusel-Bacon et al., 2017)

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5

64NORTH PROJECT – HISTORIC DATA REVIEW

Distribution of intrusions (80-102 Ma) in the Goodpaster District Considered the main mineralising engine room present throughout Tintina Gold Province ( pink on map )

64North Project

9 Blocks: LMS-X, Eagle, Shaw, South Pogo, West Pogo, North Pogo, East Pogo, Last Chance, Divide

Historic Exploration Database 1998-2012

• ~40,000 Surface Samples

• 11,434 m of NQ core drilling

• • Airborne Magnetics & EM

Desktop Review & Target Ranking 31 Prospects

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6

MINERALISATION STYLES – WHAT ARE WE TARGETING

Reduced Intrusion Related Gold Systems IRGS

Applied 3 filters with a focus on economic criteria for IRGS in the district.

1. Mineralisation style

Most Favourable: Pogo-style Flat Replacement Veins (1[st] ), Intrusion Hosted and Late Fault Veins

2. Individual Target Ranking Score (weighted scores) Geology, Geochemistry, Geophysics, Drilling, Social license, Access and Logistics

3. Economic Size Potential

Remaining Search Space

Vectoring to higher grade zones can be guided by analysing multi-elements and minerals present.

Robert et al, 2007

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7

64NORTH PROJECT – POGO TREND IN SECTION

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Syn-mineralisation model of the “Pogo Trend” produced by Dave Larimer (2015). Interplay of hydrothermal fluid source ( intrusions ), fluid conduits ( high angle faults ) and dilation zones ( low angle regional shear – compression with later extension for more dilation ). Producing 1 – 10m thick (3m av), flat lying, low sulphide quartz veins (~ 3%) with a dolomite-sericite alteration halo ( typically resistivity <600 ohm.m ) Model is focused WNW-ESE across NST’s ground, however trend extends beyond across RML’s ground to the west and east.

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8

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----- Start of picture text -----

64NORTH PROJECT – POGO TREND IN PLANNORTH PROJECT – POGO TREND IN PLAN
Pogo Trend Includes:
•
Goodpaster
•
Pogo Gold Mine
•
Tibbs Project
•
West Pogo Block
•
East Pogo / Boundary
Intrusion Hosted
Includes:
•
Brink Project
•
E1 Prospect
•
31 Prospects In Total
•
5 Priority Prospects;
Aurora, Reflection,
Echo, Boundary, E1
un-explored !
----- End of picture text -----

64NORTH PROJECT – POGO TREND IN PLANNORTH PROJECT – POGO TREND IN PLAN

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9

PROSPECT RANKING PYRAMID - 31 PROSPECTS

Field Operations 2020

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----- Start of picture text -----

Echo
Aurora: Diamond Core drilling program underway
Aurora
ADVANCED + DRILL READY Geophysics (ZTEM) complete
Reflection Echo & Reflection: drilling tested (multi-element pending)
E1 E1: Trenching complete, drill ready Q2’21
ADVANCED + DRILL TARGET DEFINITION Boundary Boundary: Geophysics complete, drill ready Q2’21
18 - DETAILED FIELD WORK Infill geochemistry, mapping and/or
ADVANCED Hawkeye, Radar, Hotlips, Lucy, Larry, Curly, Moe, geophysics complete on 12/18
Scott, Bou, Elaine, Corda, Lost Hammer, Boneyard, prospects (results pending)
Last Chance, California North, Tourmaline Ridge,
Anglo Trench, ER
CONCEPTUAL 4 - FIRST PHASE FIELD WORK First pass validation field
work complete at North Pogo
North Pogo, Chaplin, Grace, Pee-Wee
REVIEW 4 – DESKTOP STUDIES Desktop Review
Bean, Blue Grid, Beverly, Ethel
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10

2020 DGGS SHAW CREEK AND SHAWNEE PEAK MAG/RAD

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• Participants in the 2020 DGGS airborne magnetic and radiometric geophysical survey (GPR 2020-16).

• Three survey blocks; West Pogo, Eagle & LMS-X. Total: 1961 line km

• 3D magnetic models (unconstrained inversions) created to aid drill targeting.

• • 20AU07 (712m) for reference

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Echo Survey
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11

INNOVATIVE EXPLORATION TECHNIQUES: WORLDVIEW-3

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WordView-3 Satellite

• 17 spectral bands.

• • WV3 high resolution (30cm) verse Landsat and ASTER (15m).

• Image processing maps: cover type, spectral geology and alteration (35 derivatives). Concentrations of iron, clay and silica minerals mapped.

• Successfully trialled two areas with minimal vegetation.

• • Narrow window of opportunity in AK - snow & cloud!

• • June-Oct = 5% chance of having <10% cloud!!!

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12

INNOVATIVE EXPLORATION TECHNIQUES: ZTEM

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3D view of ZTEM (2D) inversion resistivity voxel model looking to the NE

ZTEM (Z-Axis Tipper Electromagnetic System) is an airborne passive electromagnetic (EM) technique used to map subsurface resistivity contrasts (note: conductivity is the inverse of resistivity). The advantage of using ZTEM is it can cover large areas quickly and cost effectively and can penetrate conductive cover to depths beyond 1km.

ZTEM was flown across West Pogo , extending east across the Goodpaster Prospect for validation purposes. ZTEM defined an anomaly coincident with Goodpaster Prospect and defined anomalies at West Pogo . 2[nd] survey completed at East Pogo.

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13

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INNOVATIVE EXPLORATION TECHNIQUES: ELF-EM

Extremely Low Frequency Electromagnetics (ELF-EM) is a light-weight (10kg), ground based geophysical system, which typically requires only 2 operators.

ELF-EM measures the spatial attitude and ellipticity of the local time varying magnetic field, which reflects horizontal changes of ground conductivity (inverse of resistivity).

ELF can be used to “follow up” ZTEM airborne survey to detail and validate ZTEM anomalies.

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----- Start of picture text -----

20AU07
Quartz
Vein
(490m)
TD (712m)
----- End of picture text -----

Diamond Drill Test (20AU07)

• ELF target horizon in the Aurora Prospect “Central Zone” drill tested

• 7m (20ft) sulphide bearing quartz vein intersected.

• No significant gold grades, but values > background.

• Follow-up drilling underway chasing high grade.

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14

WEST POGO BLOCK, AURORA PROSPECT

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Aurora Prospect Favourably positioned along the “Pogo Trend” ~ 1km west of Pogo & Goodpaster.

Opportunity Target anomalies immediately along strike, with equivalent; lithological, structural, geochemical and geophysical signatures.

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15

WEST POGO BLOCK, AURORA PROSPECT

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Targeting involved the integration of historic mapping, drilling and surface geochemistry with recently acquired CSAMT, ELFEM, ZTEM, magnetic and radiometric geophysical data sets.

With each drill hole, the technical team have acquired a greater understanding of the geology and structural regime of the project area.

On the seventh drill hole had a major technical success intersecting a flat lying, 7m thick, sulphide bearing quartz vein, hosted in paragneiss in the Central Zone (1500 x 750m).

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16

AURORA PROSPECT – Hole #7 (20AU07)

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Hole#7 (20AU07) Quartz vein with fuchsite and sulphides - arsenopyrite, pyrite, pyrrhotite (did not carry Au grade)

• Pogo-style quartz vein.

• Thick, flat lying quartz vein demonstrates the right structural setting to create space and focus fluids (dilational zone) but not significant mineralisation.

• Maximum grade intersected Aurora Prospect 1.59g/t Au HoleID:20AU01, with typical Pogo Au-As-Bi-Te pathfinder elements.

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17

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Northern Star Po o Gold Mine 3D Model – NST website g

Image sourced from Northern Star Resources (NST) website

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Diorite
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Looking north, main L1, L2 (“Liese”) lodes with diorite intrusion (pink)

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18

WEST POGO BLOCK, AURORA PROSPECT

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Near miss? Published literature (Larimer et al, 2013) indicates extreme grade variability seen over short distances (50m) in veins at the Pogo Mine. Grid squares ~150m

Note: pre-2011 intersections left blank (unverified vertical).

gm (gram.metres) = Grade x thickness for drill intercepts for E1 vein as at 2011 (modified from Larimer et al 2013)

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19

EAST POGO BLOCK, BOUNDARY PROSPECT

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Boundary Prospect Favourably positioned along the “Pogo Trend” between Pogo Mine /Goodpaster Prospect and the Tibbs Project.

Opportunity Apply geophysical techniques (new to the Goodpaster District) to test for blind targets.

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20

EAST POGO BLOCK, BOUNDARY PROSPECT

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----- Start of picture text -----

East Pogo ZTEM
CSAMT
Boundary DDHs 35g/t Au
Tibbs
Last
Chance
Brink Divide
----- End of picture text -----

According to Day et al 2007, augen gneiss/orthogneiss has been thrust upon paragneiss.

Timing of the thrusting is interpreted at 111 Ma (compressional event), prior to the influx of mineralising fluids between 80102 Ma (extensional event).

Recent mapping indicates significantly more paragneiss then previously thought and the presence of thrust contacts coincident with ZTEM & CSAMT anomalies.

(daylighting anomalies on talus slopes).

Major Last Chance Fault runs parallel to the Tibbs and Brink Fault (fluid pathways).

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----- Start of picture text -----

Day et al 2007
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21

EAST POGO BLOCK, BOUNDARY PROSPECT

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Historic Exploration

>100ppb Au broad multielement soil anomaly (AuBi-Te-As-W-Sb) with rock chips up to 24.85g/t Au Historic Drilling - 6 holes 1690m, Western Keltic (2000) & Rimfire (2007)

• à BND00-04: 0.5m @ 24g/t Au from 147m

• à BND00-04: 0.1m @ 35g/t Au from 224m

• à Narrow tensional veins hosted in paragneiss

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22

EAST POGO BLOCK, BOUNDARY PROSPECT

CSAMT completed in two orientations across historic Au drill intercepts.

Larger survey was focussed on demagnetised zones in areas of mapped paragneiss. Surface sampling and mapping completed across “daylighting” CSAMT anomalies.

Quartz Boulders

Anomalies coincide with thrust contacts (talus slopes). Sulphide bearing quartz boulders present. Assays pending.

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23

EAST POGO BLOCK, BOUNDARY PROSPECT

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RML deem the survey results to be extremely positive given; ü Known mineralisation ( 35g/t Au ) coincides with a resistivity response consistent with Pogo. ü The right host rocks (paragneiss) and structural setting (thrusts) to create space and focus fluids. ü Additional targets, focussed search space & large scale potential.

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24

EAST POGO BLOCK, BOUNDARY PROSPECT – CSAMT SURVEY

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ü Historic high grade mineralisation up to 35g/t Au. ü Conductive response (anomaly) associated with the known mineralisation. ü Survey defined a large, thick contiguous anomaly to the south-west. ü Mapping identified orthogneiss thrust over “conductive” paragneiss. ü Potential Pogo-style.

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25

EAST POGO & LAST CHANCE BLOCKS – ZTEM SURVEY

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----- Start of picture text -----

CSAMT Boundary DDHs ZTEM flown coincident beyond a CSAMT.
Survey Lines inc. 35g/t Au
(400 ohm-m) ZTEM results support the CSAMT anomalies
Untested
(200-400 ohm-m) and have defined additional
3D ZTEM
anomalies along strike and to the south.
(200 ohm-m)
Quartz
Boulders Rock chips, including sulphide-bearing quartz
boulders and paragneiss cross cut by quartz
Quartz veining. Assays Pending.
Veining
ELF-EM / infill surface Geochem planned to aid
drillhole definition.
Boundary DDHs inc.
Untested 35g/t Au (400 ohm-m)
ZTEM Section Looking West
N
ZTEM Section
----- End of picture text -----

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26

EAGLE BLOCK, E1 PROSPECT - LOCATION

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E1 Prospect Large-scale Intrusion Hosted Gold Potential

Opportunity Target anomalies, with equivalent; lithological, structural, geochemical and geophysical signatures to Fort Knox & the Brink Project.

Causative intrusion is 5x that of Fort Knox , one of the most profitable mines in AK.

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27

EAGLE BLOCK, E1 PROSPECT – HISTORIC WORK

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E1 Prospect, Eagle Block. Historic drill holes and selected significant intersections. Drilling completed prior to airborne magnetics survey!

Elevated Au geochemistry

• 40km[2] footprint

• Rock chips to 8g/t Au

• Soils to 1280ppb Au

• Stream Sediments 556ppb Au

• Historic drill intersections max 14g/t Au (EA04-08)

2020 Field Program

• Airborne magnetics survey

• • Structural analysis

• • Road construction

• • Trenching

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28

EAGLE BLOCK, E1 PROSPECT – 2020 TRENCHING

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----- Start of picture text -----

E1 Prospect
•
Sympathetic
Corridors
•
Trenches
•
E1 Trail
Step Over
Zone
data.
•
Shear Zone
----- End of picture text -----

• Structural analysis of historic drilling determined off-shoot shears and sympathetic corridors host highest grades.

• Furthermore, a prospective step-over zone was identified.

The structural interpretation was extrapolated using detailed 100m EW heli-borne magnetic data.

• 4 x 200m trenches were completed. Assays Pending.

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29

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SUMMARY

Year 1 Successes Attributed To;

• ü Strong technical team - Australian & Northern American geoscientists

• ü 6 months detailed desktop review & methodical target ranking - leveraging from historic work

• ü Application of innovative exploration techniques (WV3, ZTEM, ELF-EM, CSAMT, Clay Separation)

Following up our convictions with the drill bit

2020 Highlights Include;

• Intersection of thick (7m) Pogo-style quartz vein ( Aurora Prospect ) *Drilling ongoing

• Large CSAMT/ZTEM/geochemical anomaly ( Boundary Prospect ) *Drilling summer 2021

• Structural analysis & trenching support Fort Knox-style ( E1 Prospect ) *Drilling 2021

• Reconnaissance work setting up a pipeline of targets for 2021 & beyond!

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30

REFERENCES

Arne, D. & MacFarlane, B., 2014. Reproducibility of Gold Analyses in Stream Sediment Samples from the White Gold District and Dawson Range, Yukon Territory, Canada. Association of Applied Geochemists, Explore;164: 1-11.

Dusel-Bacon, C., Holm-Denoma, C.S., Jones, J.V., Aleinikoff, J.N. & Mortensen, J.K., 2017. Detrital zircon geochronology of quartzose metasedimentary rocks from parautochthonous North America, east-central Alaska. Lithosphere; 9 (6): 927–952.

Larimer, D., Uesugi, J., Puchlik, K. & Fukuda, E., 2013. Discovery of East Deep Ore Body of the Pogo Deposit. Resource Geology, 63(2), 91-104.

Larimer, D., 2015. Pogo mine update: exploration results showing a bright future for Alaska's largest underground mine(s). AEMA. Sumitomo Metal Mining Pogo LLC.

Robert, F. [1] , Brommecker, R. [1], Bourne, B. T. [2] , Dobak, P. J. [3], McEwan, C. .J. [4], Rowe, R. R. [2], Zhou, X. [1], 2007. Models and Exploration Methods for Major Gold Deposit Types. Proceedings of Exploration 07: Fifth Decennial International Conference on Mineral Exploration, p691-711.

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31

CONTACT

Authorised for release by Duncan Chessell Managing Director Resolution Minerals Ltd +61 8 6118 7110

ASX:RML

info@resolutionminerals.com Level 4, 29-31 King William Street Adelaide SA 5000, AUSTRALIA www.resolutionminerals.com

32

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ASX RELEASE

Appendix 1. ZTEM, ELF-EM & WorldView3 Results, 64North Project, ALASKA

Appendix 1a: ZTEM & ELF-EM Geophysics & WorldView3 Satellite Remote Sensing Survey Results

ZTEM (Z-Axis Tipper Electromagnetic System) is an airborne passive electromagnetic (EM) technique used to map Subtle subsurface resistivity contrasts (note: conductivity is the inverse of resistivity). The advantage of using ZTEM is it can cover large areas quickly and cost effectively and can penetrate conductive cover to depths beyond 1km. The presence of conductive zones can indicate graphitic schists, shale or ideally alteration zones in paragneiss, which is the host rock for the Pogo Gold Mine mineralisation. On the East Pogo Block highly conductive zones of paragneiss rock type are present, which are known to be either a fluid pathway or sites of gold mineralisation. It should be clearly understood that existence of elevated conductivity of a unit of rock is not necessarily a direct link to mineralisation.

ELF-EM (Extremely Low Frequency Electromagnetics) is a light-weight (10kg), ground-based geophysical system, which typically requires only 2 operators. ELF-EM measures the spatial attitude and ellipticity of the local time varying magnetic field, which reflects horizontal changes of ground conductivity (inverse of resistivity). ELF can be used to detail and validated ZTEM airborne survey anomalies (i.e. specifications are comparable).

WorldView-3 is a similar satellite remote sensing technique to Landsat and ASTER, with the advantage that is produces much higher resolution (0.3-3.7m pixel size compared to 15-90m) and an increase number of spectral band passes within the Visible-Near Infrared (VNIR) and Short Wave Infrared (SWIR) spectral wavelengths (17 compared to <10). WorldView-3 data can be used to produce spectral geology and alteration maps based on the concentrations and types of iron, clay and silica spectral responses.

Summary Geophysics West Pogo: The Goodpaster Prospect and Pogo Gold Mine are structurally controlled, with alteration and associated gold and sulphide mineralised zones expressed as subtle resistivity contrasts (i.e. weakly conductive). Intrusive rocks provide the source for mineralisation and provide the heat to drive mineralising processes. Diorite (an intrusive rock with a strong magnetic signature) is known to be spatially important to mineralisation at the Pogo Gold Mine. Therefore, the combination of close-spaced airborne ZTEM and magnetics data, with existing ground-acquired CSAMT & ground-based ELF-EM lines provides a very powerful evidence base for identifying potential fluid pathways, likely structural controls for mineralisation and locations of intrusive rocks. As the known mineralisation is relatively shallow dipping there need not be a surface expression of mineralisation making geophysics a crucial tool. Every drill hole provides the technical team with more empirical data to better validate geophysical data sets and improve drill targeting.

Summary Geophysics East Pogo: The Boundary Au Prospect includes high grade (up to 35g/t Au), late fault vein drill intersections, which coincides with a narrow, high angled, 400-500 ohm-m ZTEM anomaly. Possible repeats of the apparently structurally controlled ZTEM anomaly occur to the south and the anomalies also appears to extend to the east and west along strike. A large 8km by 1.5km, north-east, shallow dipping anomaly occurs less than 1km to the south-west, with the top of the anomaly expressing a depth range from 0-500m (possibly daylighting towards the west). The ZTEM results are consistent with the previously reported CSAMT results. Field crews have collected surface samples above the anomalies. Assays are pending.

The magnetic data and historic mapping indicate the area is structurally complex. Structural preparation of host rocks is considered important in many mineral systems because structures provide conduits for mineralising fluids. Furthermore, demagnetised zones in the magnetic data have a strong correlation with the large ZTEM anomaly indicative of fluid flow and magnetically destructive alteration. The host rock across the region has been mapped predominately as paragneiss and orthogneiss with various cross cutting intrusive rock units. Discrete magnetic highs have been interpreted as diorite intrusions. The geology, geochemistry and geophysical signatures seen at Boundary Prospect are analogous to the Goodpaster Prospect and Pogo Gold Mine.

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Summary Satellite Remote Sensing North Pogo and Divide: The North Pogo and Divide Blocks contains significant exposure, with much of the terrain being above the alpine treeline. Vegetation obscures the spectral response from soil/rock and therefore hinders WorldView-3 data acquisition. Snow and cloud cover also obscure collection. Whilst the period between June and October have the least amount of snow cover, cloud cover can be problematic, especially at higher altitudes on “low ceiling” days. There is a 5% chance of <10% cloud cover during June to October.

WorldView-3 mapping can provide indications of alteration and the presence abundant silica. In freeze/thaw environments some clay responses can be accounted for by mechanical weather, however the presence of a haematite response is indicative of a hydrothermal system (not a product of mechanical weathering).

At North Pogo, amphibolite facies basement positioned north of the Goodpaster Batholith is considered prospective for an Intrusion Related Gold System (IRGS). Known gold occurrence in the district are associated with quartz veining and dolomite-sericite alteration haloes. There is an overall strong alteration response at North Pogo.

A small outcrop of Cu-(Au) porphyry mineralisation occurs at Divide. Porphyry deposits tend to have large alteration haloes, producing strong spectral response including phyllic, advanced argillic and silica alteration responses, which are all present on the Divide Block.

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Appendix 1b: Location of ZTEM, ELF-EM & WorldView3 Surveys & Raw Images of 3D ZTEM model, 2D ELF-EM sections and plan view of WorldView3 alteration maps.

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Figure 1: Location of ZTEM, ELF-EM & WorldView3 Data Acquisition Areas, 64North Project Alaska.

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Figure 2: 3D ZTEM model looking north-west with 200ohm-m shells (orange), East Pogo Block, 64North Project.

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Figure 3: Location of ELF-EM Lines of Data Acquisition, West Pogo Block, 64North Project Alaska.

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Figure 4: Line 4 and Line 5, 2D ELF-EM section looking west, West Pogo Block, 64North Project Alaska.

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Figure 5: Line 6 and Line 7, 2D ELF-EM section looking west, West Pogo Block, 64North Project Alaska.

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Figure 6: WorldView3 Alteration Map, Divide Block, 64North Project Alaska

Figure 7: WorldView3 Alteration Map, North Pogo Block, 64North Project Alaska

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Appendix 2. The following tables are provided to ensure compliance with the JORC Code (2012) requirements for the reporting of the exploration results for the 64North Project – Alaska.

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 (e.g. cut	•	This release relates to results from
techniques	channels, random chips, or specific specialised industry standard measurement		geophysical and remote sensing surveys; this section is not relevant
	tools appropriate to the minerals under		to this release.
	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
	(e.g. ‘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 Au
	that has inherent sampling problems. Unusual
	commodities or mineralisation types (e.g.
	submarine nodules) may warrant disclosure
	of detailed information.
Drilling	• Drill type (e.g. core, reverse circulation, open-	•	This release relates to results from
techniques	hole hammer, rotary air blast, auger, Bangka, sonic, etc.) and details (e.g. core diameter,		geophysical and remote sensing surveys; this section is not relevant
	triple or standard tube, depth of diamond tails,		to this release.
	face-sampling bit or other type, whether core
	_is oriented and if so, by what method, etc.). _
Drill sample	• Method of recording and assessing core and	•	This release relates to results from
recovery	chip sample recoveries and results assessed. • Measures taken to maximise sample recovery		geophysical and remote sensing surveys; this section is not relevant
	and ensure representative nature of the		to this release.
	samples.
	• Whether a relationship exists between sample
	recovery and grade and whether sample bias
	may have occurred due to preferential
	loss/gain of fine/coarse material.

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Criteria		JORC Code explanation	Commentary	Commentary
Logging		• Whether core and chip samples have been	•	This release relates to results from
		geologically and geotechnically logged to a		geophysical and remote sensing
		level of detail to support appropriate Mineral		surveys; this section is not relevant
		Resource estimation, mining studies and		to this release.
		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-		• If core, whether cut or sawn and whether	•	This release relates to results from
sampling techniques		quarter, half or all core taken. • If non-core, whether riffled, tube sampled, rotary split, etc. and whether sampled wet or		geophysical and remote sensing surveys; this section is not relevant to this release.
and sample		dry.
preparation		• For all sample types, the nature, quality and appropriateness of the sample preparation
		technique.
		• Quality control procedures adopted for all
		sub-sampling stages to maximise
		representivity of samples.
		• Measures taken to ensure that the sampling
		is representative of the in situ material
		collected, including for instance results for
		field duplicate/second-half sampling.
		• Whether sample sizes are appropriate to the
		grain size of the material being sampled.
Quality	of	• The nature, quality and appropriateness of	•	This release relates to results from
assay data and laboratory tests		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		geophysical and remote sensing surveys; this section is not relevant to this release.
		including instrument make and model,
		reading times, calibrations factors applied and
		their derivation, etc.
		• Nature of quality control procedures adopted
		(e.g. standards, blanks, duplicates, external
		laboratory checks) and whether acceptable
		levels of accuracy (i.e. lack of bias) and
		precision have been established.
Verification		• The verification of significant intersections by	•	This release relates to results from
of sampling and		either independent or alternative company personnel. • The use of twinned holes.		geophysical and remote sensing surveys; this section is not relevant to this release.
assaying		• Documentation of primary data, data entry
		procedures, data verification, data storage
		(physical and electronic) protocols.
		• Discuss any adjustment to assay data.

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Criteria	JORC Code explanation	Commentary	Commentary
Location of	• Accuracy and quality of surveys used to	•	This release relates to results from
data points	locate drill holes (collar and down-hole surveys), trenches, mine workings and other		geophysical and remote sensing surveys; therefore the accuracy
	locations used in Mineral Resource		and quality of surveys used to
	estimation.		locate drill holes is not relevant to
	• Specification of the grid system used.		this release.
	• Quality and adequacy of topographic control.	•	The grid system used for the
			geophysical and remote sensing
			surveys was UTM grid (NAD83
			Z6N)
		•	Airborne survey lines have been
			measured by a Real time GPS
			Navigation System providing an in-
			flight accuracy up to 1.5 metres.
		•	Topographic control of the
			airborne geophysical survey was
			achieved using a Radar altimeter
			with an accuracy of approximately
			1 metre.
		•	Ground survey lines have been
			measured by Differential GPS
			(DGPS) which has sub-metre
			(decimetre) real-time vertical and
			horizontal accuracy.
		•	Satellite attitude determination and
			control utilises 3-axis stabilised
			type, with control moment gyro
			actuators and star trackers
			precision IRU (GPS) sensors with
			<3.5m positioningaccuracy.

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Criteria		JORC Code explanation	Commentary	Commentary
Data		• Data spacing for reporting of Exploration	•	Airborne geophysical survey data
spacing and distribution		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	•	was acquired continuously on 250m line spacing. Ground geophysical survey data was acquired at 100m station, with
		estimation procedure(s) and classifications		400m line spacing and variable
		applied.		line lengths (1.4 – 2.5km).
		• Whether sample compositing has been	•	Satellite remote sensing survey
		applied.		data was acquired in 13.1km
				swath widths (satellite pass), with
				a spatial resolution between 0.3-
				3.7m pixels over a 131km2total
				area on the Divide Block and a
				140km2total area over the North
				Pogo Block.
			•	This release relates to results from
				geophysical and remote sensing
				surveys; therefore the data
				spacing is not relevant for
				establishing the degree of
				geological control and grade
				continuity, nor was any sample
				compositingapplied.
Orientation		• Whether the orientation of sampling achieves	•	Geophysical survey data was
of data relation geological structure	in to	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	•	acquired in an orientation to avoid running parallel to the dominant structural trend and therefore maximise structural definition. This release relates to results from
		introduced a sampling bias, this should be		geophysical and remote sensing
		assessed and reported if material.		surveys; therefore drilling
				orientation and sampling bias is
				not relevant to this release.
Sample		• The measures taken to ensure sample	•	This release relates to results from
security		security.		geophysical and remote sensing surveys; this section is not relevant
				to this release.
Audits	or	• The results of any audits or reviews of	•	No independent audit was
reviews		sampling techniques and data.		undertaken on the geophysical
				data.
			•	Internal review of all data was
				undertaken by RML geoscientists
				on contractor provided data and
				analysis.
			•	The internal review determined the
				data and analysis are of good
				quality. No issues were identified.

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Section 2 Reporting of Exploration Results

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

Criteria	Criteria		JORC Code explanation	Commentary	Commentary
Mineral			• Type, reference name/number, location and	•	Resolution Minerals Ltd executed a
tenement and land			ownership including agreements or material issues with third parties such as joint ventures, partnerships, overriding royalties,		binding agreement with Millrock Resources to acquire, via joint venture earn-in, a 60% interest on
tenure			native title interests, historical sites,		entire project and conditionally up
status			wilderness or national park and environmental settings.		to 80% interest in a best block of the 64North Project in Alaska
			• The security of the tenure held at the time of		(ASX:RML Announcement
			reporting along with any known impediments		16/12/2019).
			to obtaining a licence to operate in the area.	•	The total tenement area comprising
					the 64North Project consists of
					1176 State of Alaska claims
					(66,050 hectares).
				•	The 64North Project is located
					approximately 120km east of
					Fairbanks.
				•	The tenure is in good standing and
					no known impediments exist.
Exploration done by			• Acknowledgment and appraisal of exploration by other parties.	• •	Previous exploration work includes; Surface Geochemical Sampling:
other parties					Pan concentrates, fine silts, silts,
					soils & rock chips. Airborne
					Geophysics: EM, LiDAR,
					Radiometric & Magnetics.
					Ground Geophysics: Magnetics,
					Radio-metrics, EM, VLF-EM,
					NSAMT & CSAMT.
					Exploration Drilling: 46 Diamond.
Geology			• Deposit type, geological setting and style of	•	Resolution Minerals Ltd is primarily
			mineralisation.		exploring for Intrusion Related Gold
					mineralisation (e.g. Pogo-style)
					within the Yukon-Tanana Terrane
					of the northernCordillera,Alaska.
Drill	hole		• A summary of all information material to the	•	This release relates to results from
Information			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		geophysical and remote sensing surveys; this section is not relevant to this release.
			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

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Criteria	Criteria	JORC Code explanation	Commentary	Commentary
		this is the case.
Data		• In reporting Exploration Results, weighting	•	This release relates to results from
aggregation methods		averaging techniques, maximum and/or minimum grade truncations (e.g. cutting of high grades) and cut-off grades are usually Material and should be stated.		geophysical and remote sensing surveys; this section is not relevant to this release.
		• Where aggregate intercepts incorporate short
		lengths of high-grade results and longer
		lengths of low-grade results, the procedure
		used for such aggregation should be stated
		and some typical examples of such
		aggregations should be shown in detail.
		• The assumptions used for any reporting of
		metal equivalent values should be clearly
		stated.
Relationship		• These relationships are particularly important	•	This release relates to results from
between mineralisati on widths		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.		geophysical and remote sensing surveys; this section is not relevant to this release.
and		• If it is not known and only the down hole lengths are reported, there should be a clear
intercept		statement to this effect (e.g. ‘down hole
lengths		length, true width not known’).
Diagrams		• Appropriate maps and sections (with scales)	•	This release relates to results from
		and tabulations of intercepts should be		geophysical and remote sensing
		included for any significant discovery being reported These should include, but not be limited to a plan view of drill hole collar		surveys; this section is not relevant to this release.
		locations and appropriate sectional views.
Balanced		• Where comprehensive reporting of all	•	This release relates to results from
reporting		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		geophysical and remote sensing surveys; this section is not relevant to this release.
		Results.
Other		• Other exploration data, if meaningful and	•	A heli-borne Z-Axis Tipper
substantive exploration		material, should be reported including (but not limited to): geological observations; geophysical survey results; geochemical		Electromagnetic (ZTEM) survey was flown by Geotech Limited over the East Pogo Block and Last
data		survey results; bulk samples – size and		Chance Block of the 64North
		method of treatment; metallurgical test		Project. The survey comprised 320
		results; bulk density, groundwater,		line km of data with a NS line
		geotechnical and rock characteristics;		orientation, with 250m line spacing
		potential deleterious or contaminating		and a nominal sensor height of
		substances.		80m. ZTEM uses the natural or
				passive fields of the Earth as the
				source of transmitted energy,
				therefore no controlled source
				transmitter is required.
				The standard signal strength

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Criteria	JORC Code explanation	Commentary	Commentary
			frequencies collected are: 30Hz,
			45Hz, 90Hz, 180Hz & 360Hz.
		•	A ground-based ELF-EM survey
			was completed by Aurora
			Geosciences over the West Pogo
			Block of the 64North Project. The
			survey comprised of 4 lines for a
			total of 8 line km of data. Line
			orientation was NS, with 400m line
			spacing.
		•	Instrumentation for the ELF-EM
			consisted of and ELF Sensor
			containing three orthogonal EM
			sensors (air coils) and an ELF
			console. Specifications are
			comparable to the ZTEM system.
			The standard signal strength
			frequencies collected are: 11Hz,
			22Hz, 45Hz, 90Hz, 180Hz, 360Hz,
			720Hz & 1440Hz.
		•	A satellite based remote sensing
			WorldView-3 survey was acquired
			by Exploration Mapping Group Inc.
			over the Divide Block and North
			Pogo Block of the 64North Project.
			The Divide survey comprised a
			131km2area and North Pogo a
			140km2area, both with a spatial
			resolution between 0.3-3.7m pixel
			size. WorldView-3 measures 17
			spectral bands across the visible,
			near infrared and short wave
			infrared portion of the spectrum
			which are used to produce 35
			layers of derivative data.
		•	The grid system used for both
			geophysical and remote sensing
			surveys was NAD83Z6N.
Further	• The nature and scale of planned further work	•	A range of exploration techniques
work	(e.g. tests for lateral extensions or depth extensions or large-scale step-out drilling).		are being considered to progress exploration including drilling.
	• Diagrams clearly highlighting the areas of	•	Drilling currently ongoing on the
	possible extensions, including the main		Aurora Prospect, West Pogo Block.
	geological interpretations and future drilling	•	Refer to figures in the body of this
	areas, provided this information is not		report.
	commercially sensitive.