UNICO SILVER LIMITED - Capital/Financing Update 2021

ASX Announcement

Rio Negro – Target 38 Sampling Results

8 July 2021

E2 Metals (E2 or the Company) is pleased to provide an update on systematic surface sampling at the El Rosillo project in the western Rio Negro province of Argentina.

Highlights

Gold assay results have been received for composite rock chip sampling at Target 38.
A total of 1291 samples (incorporating representative rock material over 20m intervals) were� collected on 48 lines spaced 40m apart to define the limits of surface mineralisation.
The work has defined two zones of gold mineralisation within Area A and Area B.
At Area A surface gold mineralisation is defined over an area of 900m by 500m, and includes:

80m at 11.1gpt Au

40m at 10.9gpt Au 40m at 7.4gpt Au 80m at 2.2gpt Au

At Area B surface gold mineralisation is defined over an area of 1100m by 900m, and includes:

80m at 2.2gpt Au 40m at 2.8gpt Au 80m at 1.3gpt Au 100m at 1gpt Au

Work is underway to verify the nature of gold mineralisation at El Rosillo with a limited program of channel chip sampling and/or trenching planned prior to drilling.
Regional exploration is ongoing with systematic sampling completed at Quila Mahuida to follow up on high-grade surface samples of up to 73gpt Au at the T4 prospect.

Commenting on the results, Managing Director Todd Williams states “These results for Target 38 in conjunction with those announced in May 2021 for Target 37 confirm the discovery of a new gold mineralised district at El Rosillo with dimensions of 3km by 2km. This is only four months after our first reconnaissance field trip to Rio Negro. E2 is well placed to leverage its first mover position in this newly recognised Comallo Gold Belt which spans 100km and has never been systematically explored.

E: [email protected]

ASX Announcement

E2 is pleased to report results for ongoing systematic surface exploration within the El Rosillo project location in the western Rio Negro Province of Argentina (Figure 1).

Rio Negro Province contains the northern portion of the Somuncura Massif, a large volcanic province that is geologically similar to the Deseado Massif in Santa Cruz, but has been subject to far less modern exploration. The Somuncura Massif is host to Pan American Silver’s Navidad deposit, the largest undeveloped silver deposit in the world with over 700 million ounces of silver resources.

The Company has consolidated four large districts in the western part of the Rio Negro province centered on the Vista Alegre, Ofelia, Paredes and El Rosillo properties respectively. Initial reconnaissance mapping and sampling by E2 in March 2021 ( see ASX Announcement, 27 April 2021, March 2021 Quarterly Report ) defined 12 gold mineralised prospects of possible Intrusion Related Gold (IRG) affinity over an area spanning 100km (“Comallo Gold Belt”).

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Figure 1: Western Rio Negro projects including El Rosillo

El Rosillo is well located with respect to infrastructure. Operations are based out of a small service town Comallo located 15km northwest of the project and daily flights to Buenos Aires are accessible via a 1.5-hour drive on a sealed highway to Bariloche.

Rio Negro – Target 38 Sample Results E2 Metals Limited • www.e2metals.com.au

ASX Announcement

Composite Rock Chip Sampling

Introduction

A total of 1951 composite rock samples have been collected since April 2021 (Figure 2). Samples were collected on lines spaced 40m apart and are a single bulk sample that is representative of all rock material (wall rock and veins) along a 20m interval. Sample results are semi-quantitative and comprise both outcrop and float material, depending on the surface environment.

Gold mineralisation at El Rosillo is spatially related to Permo-Triassic granitoids that in turn have been intruded by Jurassic stocks, dykes and domes, which manifest as rolling hills surrounded by younger gravel cover (Figures 3-4). Surface gold mineralisation is diverse, and is associated with late-Jurassic dykes, meter-wide veins, and broad zones of crystalline quartz stockworks.

Given the prevalence of outcrop in the target area and widespread distribution of gold at El Rosillo and many other IRG-style gold systems, the Company completed a systematic composite rock grid to better determine the possible tenor and distribution of gold mineralisation at the T37 and T38 prospects.

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Figure 2: Overview of Target 37 and Target 38 composite rock grids and selective rock chip samples

Rio Negro – Target 38 Sample Results E2 Metals Limited • www.e2metals.com.au 2

ASX Announcement

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Figure 3 Target 37 overlooking the main mineralised zone from the south.

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Figure 4: Target 38

Rio Negro – Target 38 Sample Results E2 Metals Limited • www.e2metals.com.au 3

ASX Announcement

The results for the first 630 samples from the T37 prospect (“Target 37) were announced 18 May 2021 ( see ASX Announcement, Rio Negro – Target 37 Sampling Results ). Gold mineralisation is defined over an area of 1000m by 600m and is shown to be increasing to the east and is open to the east (Figure 5).

Mineralised intervals are calculated using a 0.5gpt Au lower cut-off and reported as the average grade over that interval. Previously announced mineralised intervals include:

L012: 40m at 2.7gpt Au L013: 100m at 1.7gpt Au L018: 80m at 1.2gpt Au, and 80m at 4.5gpt Au L019: 80m at 1.6gpt Au L020: 200m at 2gpt Au L021: 80m at 1.8gpt Au L022: 40m at 2.3gpt Au L023: 20m at 3gpt Au L024: 60m at 2.6gpt Au, and 80m at 2.7gpt Au L025: 40m at 4.2gpt Au L026: 20 at 11.5gpt Au

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Figure 5: Target 37 composite rock samples

Rio Negro – Target 38 Sample Results E2 Metals Limited • www.e2metals.com.au 4

ASX Announcement

Target 38 Results

A further 1291 samples were collected at T38 (“Target 38”) covering an east-west elongate zone of Jurassic dykes and stocks, veins and stockwork veinlets that outcrop over an area of 2km by 1km. The results show two distinct zones of gold mineralisation within Area A and Area B.

At Area A gold mineralisation (Figure 6) is defined over an area of 900m by 500m and comprises an array of northwest and east-west orientated mineralised trends. This includes a high-grade zone orientated east-west over a 550m strike. Mineralisation is open to the east, north and west and includes

L006: 80m at 1.8gpt Au L007: 20m at 2gpt Au, and 20m at 1.2gpt Au L008: 60m at 1gpt Au L009: 40m at 10.9gpt Au L010: 80m at 11gpt Au L011: 40m at 1gpt Au L012: 80 at 2.2gpt Au L013: 20 at 100gpt Au

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Figure 6: Target 38 - Area A composite rock samples

Rio Negro – Target 38 Sample Results E2 Metals Limited • www.e2metals.com.au

ASX Announcement

At Area B gold mineralisation (Figure 7) is defined over an area of 1100m by 900m and comprises northwest and northeast trends that intersect in the eastern prospect area, and includes

A northwest zone that is defined over 150m strike and is open to the northwest
L028: 20m at 4.9gpt Au
L029: 20m at 5.2gpt Au, and 40m at 1.2gpt Au
L030: 20m at 1.1gpt Au, and 20m at 8.8gpt Au
L031: 20m at 2gpt Au
A northeast zone that is defined over 250m strike and is open to the southwest:
L033: 80m at 2.2gpt Au L034: 20m at 15gpt Au, L036: 20m at 2.2gpt Au

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Figure 7: Target 38 - Area B composite rock samples

Rio Negro – Target 38 Sample Results E2 Metals Limited • www.e2metals.com.au

ASX Announcement

Wide zones of mineralisation over an area of 500m by 500m where the northwest and northeast trends intersect. Select sample intervals from this zone include:
L041: 20m at 4.7gpt Au L042: 20m at 11gpt Au
L044: 20m at 3.2gpt Au L045: 80m at 1.3gpt Au L047: 40m at 2.8gpt

Mineralisation at all prospects disappears under shallow gravel cover.

Schematic mineralisation model

A preliminary mineralisation model for Target 37 and Target 38 is presented in Figure 8. At both prospects, mineralisation appears to be in zones of positive topographic relief dominated by PermoTriassic basement rocks. The oldest rocks are Permian granodiorite and pegmatites which are uncomfortably overlain by Triassic arkose and sandstones. All units are intruded by stocks, domes and dykes that are dominantly andesitic but also rhyolitic in composition. While no age data is available for these rocks, they are thought to form part of the lower Jurassic Comallo Volcanic Complex.

Gold mineralisation is spatially linked to arrays of sheeted dykes (“syn-mineral dykes”) that are distinctly fine grained and are overprinted by illite clay alteration. These syn-mineral dykes are in turn cross cut by meter-scale principal veins, crystalline quartz stockworks and siliceous breccias. The orientation of synmineral dykes and mineralised zones defined by the composite grid samples can be discordant to principal veins indicating that the two events may be genetically unrelated.

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Figure 8: El Rosillo schematic mineralisation model

Rio Negro – Target 38 Sample Results E2 Metals Limited • www.e2metals.com.au 7

ASX Announcement

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Figure 9: Syn-mineral dyke (late Jurassic Comallo Volcanic Complex) with illite alteration

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Figure 11: Crystalline quartz with coarse boxworks after pyrite. 5gpt Au in rock samples

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Figure 10: Jasperoidal silica breccia with thin crystalline quartz veins. 20gpt Au in rock samples

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Figure 12: Crystalline quartz with coarse fresh pyrite. 14gpt Au in rock samples

Rio Negro – Target 38 Sample Results E2 Metals Limited • www.e2metals.com.au 8

ASX Announcement

Comments on the results

As at Target 37, approximately 70% of the sample intervals within Target 38 lack outcrop, but slopes in the area are low angle so it is thought that the float samples are broadly representative of underlying rock rather than consisting of material transported from high ground. Encouragingly, all mineralised zones (as defined by a >0.5gpt Au cut off) are geologically constrained and are coincident to the mapped distribution of veins, quartz stockwork and/or syn-mineral dykes.

A total of 263 selective rock chip samples have been collected to better understand the distribution of gold within the veins at El Rosillo (Figure 2). Principal veins are largely barren but can host erratic highgrades. Better mineralisation appears to be in quartz stockworks or silica breccias (see Figures 10 to 12) that occur over 10s of meters perpendicular to structures.

In all mineralised samples, pyrite is the dominant sulphide species and manifests as coarse cubic crystals or boxwork textures. High gold grades occur in both fresh and oxidised samples, indicating that supergene enrichment is not an important contributor to surface gold mineralisation.

Next Steps

The Company continues to advance its Rio Negro portfolio on multiple fronts.

El Rosillo

E2’s local subsidiary Ivael Mining SA has notified Valcheta Exploraciones SA of its intention to exercise its Option to move to 100% ownership in El Rosillo.
A phase of channel chip sampling and/or trenching is planned to confirm the main anomalies defined by the composite rock chip sampling.
Stakeholder engagement with nearby communities is ongoing
Local environmental consultants have been engaged to prepare an Environmental Impact Assessment (EIA) to gain approvals for drilling.

Regional

Systematic composite rock sampling has been completed at T4 prospect located within E2’s 100% owned Quila Mahuida title, which is centered 12km north of El Rosillo and is host to several intrusive centers with up to 73gpt Au in rock chip samples.

For enquiries please contact:

Todd Williams Managing Director M: + 61 4 2222 5211

This announcement is authorised for release to the market by the Board of Directors of E2 Metals Limited.

Rio Negro – Target 38 Sample Results E2 Metals Limited • www.e2metals.com.au

ASX Announcement

Table 1: Composite rock sample locations and gold assays

Sample	Lat_WGS84	Long_WGS84		Au (gpt)
48653	-41.1381	-70.1561	977.6	0.33
48654	-41.1379	-70.156	978.1	0.01
48655	-41.1377	-70.1559	980.4	-0.01
48656	-41.1376	-70.1557	981.8	-0.01
48657	-41.1374	-70.1557	982.4	0.08
48658	-41.1373	-70.1555	981.3	0.04
48659	-41.1371	-70.1554	984.3	-0.01
48660	-41.137	-70.1553	986	-0.01
48661	-41.1368	-70.1552	987.3	0.02
48662	-41.1367	-70.155	991.7	0.08
48663	-41.1365	-70.1549	987	100
48664	-41.1368	-70.1545	982.2	0.74
48665	-41.137	-70.1546	982.3	0.19
48666	-41.1373	-70.1549	976.6	0.33
48667	-41.1384	-70.1557	969.1	0.01
48668	-41.1387	-70.1559	966.5	-0.01
48669	-41.1395	-70.1565	960.4	0.22
48670	-41.14	-70.1562	962.1	0.62
48671	-41.1399	-70.1561	964.9	0.89
48672	-41.1398	-70.156	977.6	0.19
48673	-41.1396	-70.1558	979.3	0.01
48674	-41.1394	-70.1557	963.9	-0.01
48675	-41.1392	-70.1556	971.8	-0.01
48676	-41.1391	-70.1555	974	0.08
48677	-41.139	-70.1554	975.5	0.03
48678	-41.1388	-70.1552	978.2	0.51
48679	-41.1383	-70.1549	978.1	0.04
48680	-41.1381	-70.1548	979.9	0.04
48681	-41.1379	-70.1546	979.3	0.03
48682	-41.1378	-70.1546	988.1	0.02
48683	-41.1376	-70.1544	990.1	0.01
48684	-41.1374	-70.1543	986.4	-0.01
48685	-41.1373	-70.1542	985.3	-0.01
48686	-41.1371	-70.1541	985.4	-0.01
48687	-41.137	-70.154	986.3	-0.01
48688	-41.1368	-70.1538	986.5	-0.01
48689	-41.1355	-70.1522	1012.8	-0.01
48690	-41.136	-70.1525	993.4	-0.01
48691	-41.1366	-70.153	995.6	-0.01
48692	-41.1368	-70.1531	989.5	-0.01
48693	-41.1369	-70.1533	994.4	0.03
48694	-41.1371	-70.1534	996.1	0.01
48695	-41.1373	-70.1535	996.6	-0.01
48696	-41.1374	-70.1536	997.7	-0.01

Rio Negro – Target 38 Sample Results E2 Metals Limited • www.e2metals.com.au

ASX Announcement

Sample	Lat_WGS84	Long_WGS84		Au (gpt)
48697	-41.1376	-70.1537	995.7	-0.01
48698	-41.1377	-70.1538	991.1	-0.01
48699	-41.1379	-70.1539	981.6	-0.01
48700	-41.1381	-70.1541	971	0.31
48701	-41.1382	-70.1541	974.2	-0.01
48702	-41.1384	-70.1543	976.1	0.38
48703	-41.1385	-70.1544	981.3	0.13
48704	-41.1387	-70.1545	979.9	0.02
48705	-41.1388	-70.1546	983.9	-0.01
48706	-41.139	-70.1547	985.9	0.07
48707	-41.1391	-70.1548	988	0.08
48708	-41.1393	-70.155	985.6	0.03
48709	-41.1395	-70.1551	986.5	0.7
48710	-41.1396	-70.1552	983.7	0.08
48711	-41.1398	-70.1553	980.9	0.09
48712	-41.14	-70.1554	978.7	0.66
48713	-41.1401	-70.1555	971.6	0.3
48714	-41.1403	-70.1556	969.4	0.22
48715	-41.1403	-70.155	969.3	0.31
48716	-41.1401	-70.1549	975.3	0.19
48717	-41.14	-70.1548	978.6	4.5
48718	-41.1398	-70.1547	984.7	0.02
48719	-41.1397	-70.1546	988.2	0.1
48720	-41.1395	-70.1544	997.9	0.11
48721	-41.1394	-70.1543	999.5	0.37
48722	-41.1392	-70.1542	1002.3	4.9
48723	-41.1391	-70.1541	993.2	10
48724	-41.1389	-70.154	995.1	0.05
48725	-41.1387	-70.1538	994.1	0.05
48726	-41.1385	-70.1539	992.5	-0.01
48727	-41.1384	-70.1536	992.9	-0.01
48728	-41.1382	-70.1535	994.7	-0.01
48729	-41.1381	-70.1534	987.8	-0.01
48730	-41.1379	-70.1533	986.1	-0.01
48731	-41.1377	-70.1532	990.5	-0.01
48732	-41.1376	-70.1531	994.2	-0.01
48733	-41.1374	-70.153	1002.6	0.03
48734	-41.1373	-70.1528	1001.7	-0.01
48735	-41.1371	-70.1527	1000.8	-0.01
48736	-41.1369	-70.1526	993.1	0.16
48737	-41.1368	-70.1525	991.9	-0.01
48738	-41.1366	-70.1523	992.2	0.03
48739	-41.1377	-70.1524	995.1	-0.01
48740	-41.1378	-70.1525	990.1	-0.01
48741	-41.138	-70.1526	988.8	-0.01

Rio Negro – Target 38 Sample Results E2 Metals Limited • www.e2metals.com.au

ASX Announcement

Sample	Lat_WGS84	Long_WGS84		Au (gpt)
48742	-41.1382	-70.1527	988.7	-0.01
48743	-41.1383	-70.1529	995.5	-0.01
48744	-41.1385	-70.153	997.5	0.16
48745	-41.1386	-70.1531	1009	0.07
48746	-41.1388	-70.1532	1018.8	0.01
48747	-41.139	-70.1533	1012.4	0.02
48748	-41.1391	-70.1534	1016	0.25
48749	-41.1393	-70.1536	1010.7	0.2
48750	-41.1394	-70.1537	1011.2	-0.01
48751	-41.1396	-70.1537	1008.5	0.08
48752	-41.1397	-70.1539	1009.9	0.03
48753	-41.1399	-70.154	1007.6	0.09
48754	-41.14	-70.1541	1003.3	0.33
48755	-41.1402	-70.1542	990.6	0.13
48756	-41.1403	-70.1543	983.5	0.24
48757	-41.1404	-70.1544	979.8	0.04
48758	-41.1407	-70.1546	978.3	0.2
48759	-41.1408	-70.1547	981.1	0.03
48760	-41.141	-70.1548	973.1	0.28
48761	-41.1412	-70.1549	967.7	0.09
48762	-41.1419	-70.1548	966.5	0.02
48763	-41.1417	-70.1547	967.5	0.52
48764	-41.1415	-70.1546	969.1	0.19
48765	-41.1413	-70.1544	970	0.03
48766	-41.1412	-70.1543	970.6	0.04
48767	-41.141	-70.1542	979.2	-0.01
48768	-41.1409	-70.1541	983.2	0.03
48769	-41.1407	-70.154	993.6	0.27
48770	-41.1406	-70.1539	992.8	0.5
48771	-41.1404	-70.1537	992.8	0.43
48772	-41.1402	-70.1536	997.4	0.17
48773	-41.1401	-70.1535	1000.6	0.21
48774	-41.1399	-70.1534	1005.4	0.12
48775	-41.1398	-70.1533	1012	0.08
48776	-41.1396	-70.1532	1013.5	0.04
48777	-41.1395	-70.153	1017.6	0.04
48778	-41.1392	-70.1529	1007.1	-0.01
48779	-41.1391	-70.1528	1009.4	-0.01
48780	-41.139	-70.1527	1011.5	-0.01
48781	-41.1388	-70.1526	1017.4	0.01
48782	-41.1386	-70.1525	1014.6	-0.01
48783	-41.1384	-70.1523	1011	0.06
48784	-41.1383	-70.1522	1009.9	0.12
48785	-41.1381	-70.1521	1009	0.1
48786	-41.138	-70.152	1005.9	-0.01

Rio Negro – Target 38 Sample Results E2 Metals Limited • www.e2metals.com.au

ASX Announcement

Sample	Lat_WGS84	Long_WGS84		Au (gpt)
48787	-41.1378	-70.1519	998.9	-0.01
48788	-41.1377	-70.1518	998.9	-0.01
48789	-41.1375	-70.1517	1000.9	0.09
48790	-41.1374	-70.1515	1007	0.25
48791	-41.137	-70.1513	1012.7	-0.01
48792	-41.1372	-70.1508	1016.5	-0.01
48793	-41.1374	-70.1509	1015.9	0.01
48794	-41.1378	-70.1512	997.7	0.64
48795	-41.138	-70.1515	998.8	-0.01
48796	-41.1382	-70.1514	999.1	0.15
48797	-41.1384	-70.1516	1010.4	1.5
48798	-41.1385	-70.1517	1012.8	0.21
48799	-41.1386	-70.1518	1020.6	0.06
48800	-41.1388	-70.152	1025.4	-0.01
48801	-41.139	-70.152	1027	0.09
48802	-41.1391	-70.1522	1030	-0.01
48803	-41.1393	-70.1522	1031.2	-0.01
48804	-41.1394	-70.1524	1030.5	-0.01
48805	-41.1396	-70.1525	1027.8	0.03
48806	-41.1397	-70.1526	1028.8	-0.01
48807	-41.1399	-70.1527	1022.5	0.2
48808	-41.1401	-70.1528	1020.1	0.1
48809	-41.1402	-70.1529	1015.9	0.02
48810	-41.1404	-70.153	1008.5	0.15
48811	-41.1405	-70.1531	1001	0.25
48812	-41.1407	-70.1533	994.4	1.8
48813	-41.1409	-70.1534	990.4	0.07
48814	-41.141	-70.1535	982.6	0.21
48815	-41.1411	-70.1536	976.8	0.08
48816	-41.1413	-70.1537	969.9	0.13
48817	-41.1415	-70.1539	970	0.26
48818	-41.1417	-70.154	975.2	2.5
48819	-41.1419	-70.1541	970.5	0.11
48820	-41.142	-70.1542	966	0.09
48821	-41.1422	-70.1543	966.1	0.09
48822	-41.1423	-70.1544	974.7	0.2
48823	-41.1425	-70.1545	971.5	1.3
48824	-41.1427	-70.1547	967.9	0.07
48825	-41.1428	-70.1548	964.8	-0.01
48826	-41.1431	-70.155	959.5	0.28
48827	-41.1429	-70.1542	968.9	0.93
48828	-41.1427	-70.1541	970.7	0.07
48829	-41.1425	-70.1539	980.5	0.21
48830	-41.1424	-70.1538	985.4	0.42
48831	-41.1422	-70.1537	982.6	0.26

Rio Negro – Target 38 Sample Results E2 Metals Limited • www.e2metals.com.au

ASX Announcement

Sample	Lat_WGS84	Long_WGS84		Au (gpt)
48832	-41.1421	-70.1536	981.2	0.03
48833	-41.1419	-70.1535	977.5	0.01
48834	-41.1417	-70.1534	978.5	0.1
48835	-41.1415	-70.1533	987.4	0.02
48836	-41.1414	-70.1532	987.6	0.34
48837	-41.1412	-70.153	990.6	0.16
48838	-41.1411	-70.1529	993.3	0.08
48839	-41.141	-70.1528	1000.4	0.02
48840	-41.1408	-70.1527	1001.6	0.17
48841	-41.1406	-70.1526	1004.9	0.18
48842	-41.1405	-70.1525	1013.5	0.1
48843	-41.1403	-70.1523	1026.1	0.06
48844	-41.1401	-70.1524	1031.8	0.09
48845	-41.14	-70.1521	1038	0.01
48846	-41.1398	-70.152	1039.4	0.02
48847	-41.1397	-70.152	1041.9	-0.01
48848	-41.1395	-70.1518	1044.6	-0.01
48849	-41.1394	-70.1516	1043.8	0.02
48850	-41.1392	-70.1515	1038.6	0.02
48851	-41.139	-70.1514	1034	0.07
48852	-41.1389	-70.1513	1032.4	-0.01
48853	-41.1387	-70.1512	1023.5	-0.01
48854	-41.1386	-70.1511	1020.9	-0.01
48855	-41.1384	-70.1509	1020.5	-0.01
48856	-41.1382	-70.1508	1011.7	0.03
48857	-41.1376	-70.1505	1004.1	0.2
48858	-41.1374	-70.1503	1009.7	-0.01
48859	-41.1373	-70.1495	1015.3	-0.01
48860	-41.1376	-70.1497	1011.4	0.19
48861	-41.1379	-70.1499	1006	0.28
48862	-41.1382	-70.1501	1007.1	-0.01
48863	-41.1383	-70.1502	1001.8	-0.01
48864	-41.1385	-70.1504	1018.1	-0.01
48865	-41.1387	-70.1505	1028.2	0.01
48866	-41.1389	-70.1506	1037.6	-0.01
48867	-41.1389	-70.1507	1039	0.01
48868	-41.1391	-70.1508	1036	-0.01
48869	-41.1393	-70.1509	1039.5	-0.01
48870	-41.1395	-70.151	1044.5	-0.01
48871	-41.1397	-70.1512	1052.6	0.08
48872	-41.1398	-70.1513	1054.4	0.24
48873	-41.14	-70.1514	1054.1	0.06
48874	-41.1402	-70.1515	1044.8	0.08
48875	-41.1403	-70.1516	1040.4	-0.01
48876	-41.1405	-70.1516	1037.6	-0.01

Rio Negro – Target 38 Sample Results E2 Metals Limited • www.e2metals.com.au

ASX Announcement

Sample	Lat_WGS84	Long_WGS84		Au (gpt)
48877	-41.1406	-70.1518	1030	-0.01
48878	-41.1408	-70.1519	1024.3	0.04
48879	-41.1409	-70.1521	1016.1	0.12
48880	-41.141	-70.1521	1011.5	0.05
48881	-41.1413	-70.1521	988.4	0.19
48882	-41.1414	-70.1523	990.9	0.37
48883	-41.1416	-70.1525	988.8	0.13
48884	-41.1417	-70.1526	987.5	0.13
48886	-41.1419	-70.1528	990.2	0.08
48887	-41.142	-70.1529	990.9	0.13
48888	-41.1422	-70.153	992	-0.01
48889	-41.1424	-70.1531	990.7	-0.01
48890	-41.1425	-70.1532	985.3	0.1
48891	-41.1427	-70.1534	984.3	0.13
48892	-41.1428	-70.1535	980.8	-0.01
48893	-41.143	-70.1536	970.8	0.03
48894	-41.1432	-70.1537	965.5	0.03
48895	-41.1433	-70.1538	964.7	0.06
48896	-41.1435	-70.1539	961.6	0.03
48897	-41.1436	-70.154	961.8	0.02
48898	-41.1438	-70.1542	957.9	-0.01
48899	-41.1441	-70.1538	961.5	0.09
48900	-41.144	-70.1536	964.3	0.02
48901	-41.1439	-70.1535	974.5	0.01
48902	-41.1437	-70.1534	973.2	0.03
48903	-41.1435	-70.1533	976.6	0.02
48904	-41.1434	-70.1532	977.7	0.03
48905	-41.1432	-70.1531	982.7	0.06
48906	-41.1431	-70.153	984.5	0.07
48907	-41.1429	-70.1528	990.6	-0.01
48908	-41.1427	-70.1527	993.3	-0.01
48909	-41.1426	-70.1526	996	-0.01
48910	-41.1424	-70.1525	1000	-0.01
48911	-41.1423	-70.1524	999.3	0.01
48912	-41.1421	-70.1522	1007.4	-0.01
48913	-41.1419	-70.1521	1006.9	0.03
48914	-41.1418	-70.152	1007.5	-0.01
48916	-41.1416	-70.1519	1010.4	-0.01
48917	-41.1415	-70.1518	1006.9	-0.01
48918	-41.1413	-70.1517	1005.5	0.02
48919	-41.1411	-70.1515	1009.6	0.02
48920	-41.1409	-70.1514	1012.7	0.02
48921	-41.1408	-70.1513	1022.8	0.73
48922	-41.1407	-70.1512	1027.7	0.02
48923	-41.1405	-70.1511	1037	0.02

Rio Negro – Target 38 Sample Results E2 Metals Limited • www.e2metals.com.au

ASX Announcement

Sample	Lat_WGS84	Long_WGS84		Au (gpt)
48924	-41.1404	-70.151	1037.5	-0.01
48925	-41.1402	-70.1508	1042	-0.01
48926	-41.14	-70.1507	1052	-0.01
48927	-41.1399	-70.1505	1060.7	0.01
48928	-41.1397	-70.1505	1058.9	0.02
48929	-41.1396	-70.1504	1056.3	0.31
48930	-41.1394	-70.1503	1048.4	-0.01
48931	-41.1392	-70.1502	1032.9	-0.01
48932	-41.1391	-70.1501	1030.5	0.05
48933	-41.1389	-70.15	1027.2	-0.01
48934	-41.1387	-70.1498	1019.4	-0.01
48935	-41.1386	-70.1497	1014.1	0.04
48936	-41.1384	-70.1497	1009.9	0.6
48937	-41.1381	-70.1487	1015.8	0.02
48938	-41.1383	-70.1488	1031.1	-0.01
48939	-41.1385	-70.1489	1028.3	0.07
48940	-41.1386	-70.149	1028.8	0.38
48941	-41.1388	-70.1492	1030.2	0.19
48942	-41.139	-70.1493	1029.8	0.02
48943	-41.1391	-70.1494	1041	-0.01
48944	-41.1393	-70.1494	1043.2	0.01
48945	-41.1395	-70.1496	1044.3	-0.01
48946	-41.1396	-70.1497	1043.6	-0.01
48947	-41.1397	-70.1498	1051.3	0.01
48948	-41.1398	-70.1499	1052.1	-0.01
48949	-41.14	-70.1501	1058.9	-0.01
48950	-41.1402	-70.1502	1059.6	-0.01
48951	-41.1403	-70.1503	1050.9	-0.01
48952	-41.1405	-70.1504	1041.7	-0.01
48953	-41.1406	-70.1505	1034.5	-0.01
48954	-41.1409	-70.1506	1023.7	0.07
48955	-41.141	-70.1507	1018.9	0.11
48956	-41.1411	-70.1508	1022.9	-0.01
48957	-41.1413	-70.151	1023.1	-0.01
48958	-41.1414	-70.1511	1024	-0.01
48959	-41.1416	-70.1511	1024	-0.01
48960	-41.1417	-70.1513	1024.7	0.01
48961	-41.1419	-70.1514	1020.5	-0.01
48962	-41.142	-70.1515	1020.8	-0.01
48963	-41.1422	-70.1516	1017.1	-0.01
48964	-41.1423	-70.1518	1010.3	-0.01
48965	-41.1425	-70.1519	1011.4	-0.01
48966	-41.1427	-70.152	1002.1	-0.01
48967	-41.1428	-70.1521	996.9	-0.01
48968	-41.143	-70.1522	997	-0.01

Rio Negro – Target 38 Sample Results E2 Metals Limited • www.e2metals.com.au

ASX Announcement

Sample	Lat_WGS84	Long_WGS84		Au (gpt)
48969	-41.1432	-70.1523	990.3	-0.01
48970	-41.1433	-70.1524	991.7	-0.01
48971	-41.1435	-70.1525	989.5	0.01
48972	-41.1436	-70.1526	988	0.15
48973	-41.1438	-70.1527	981.2	0.03
48974	-41.1439	-70.1522	978.6	0.33
48975	-41.1437	-70.1521	984.4	-0.01
48976	-41.1436	-70.1519	988.8	-0.01
48977	-41.1434	-70.1518	989.3	-0.01
48978	-41.1433	-70.1517	994.6	-0.01
48979	-41.1431	-70.1516	996.8	-0.01
48980	-41.143	-70.1515	1004.1	-0.01
48981	-41.1428	-70.1514	1008.9	0.01
48982	-41.1426	-70.1512	1013.9	-0.01
48983	-41.1425	-70.1511	1017.6	-0.01
48984	-41.1423	-70.151	1019.6	-0.01
48985	-41.1422	-70.1509	1027.3	-0.01
48986	-41.142	-70.1508	1027.8	-0.01
48987	-41.1419	-70.1507	1030	-0.01
48988	-41.1417	-70.1506	1037.2	-0.01
48989	-41.1415	-70.1505	1039.5	-0.01
48990	-41.1414	-70.1503	1039	0.46
48991	-41.1412	-70.1502	1042	2
48992	-41.1411	-70.1501	1039.6	0.73
48993	-41.1409	-70.15	1038.8	-0.01
48994	-41.1407	-70.1499	1038.2	-0.01
48996	-41.1406	-70.1498	1041.4	-0.01
48997	-41.1404	-70.1496	1046.3	-0.01
48998	-41.1403	-70.1496	1052.5	-0.01
48999	-41.1401	-70.1495	1058.9	-0.01
49000	-41.14	-70.1493	1058.1	0.96
49001	-41.1398	-70.1492	1055.7	0.14
49002	-41.1397	-70.1489	1049.7	0.09
49003	-41.1395	-70.149	1047	0.04
49004	-41.1394	-70.1489	1037.1	-0.01
49005	-41.1392	-70.1488	1038.8	-0.01
49006	-41.1391	-70.1487	1032.8	0.06
49007	-41.1389	-70.1486	1028.9	0.02
49008	-41.1387	-70.1484	1024	-0.01
49009	-41.1389	-70.1479	1026.7	-0.01
49010	-41.1391	-70.148	1031.3	-0.01
49011	-41.1393	-70.1481	1033.3	-0.01
49012	-41.1394	-70.1483	1034.7	-0.01
49013	-41.1396	-70.1483	1046.7	-0.01
49014	-41.1397	-70.1485	1057.1	-0.01

Rio Negro – Target 38 Sample Results E2 Metals Limited • www.e2metals.com.au

ASX Announcement

Sample	Lat_WGS84	Long_WGS84		Au (gpt)
49015	-41.1399	-70.1485	1063	-0.01
49016	-41.1401	-70.1487	1062.5	0.09
49017	-41.1402	-70.1488	1065.1	-0.01
49018	-41.1403	-70.1489	1058.7	0.02
49019	-41.1405	-70.149	1053.9	0.04
49020	-41.1407	-70.1492	1047.7	0.85
49021	-41.1408	-70.1493	1046.5	0.1
49022	-41.141	-70.1494	1042.3	-0.01
49023	-41.1411	-70.1495	1043.4	-0.01
49024	-41.1413	-70.1496	1034	0.01
49026	-41.1414	-70.1497	1032.7	0.32
49027	-41.1415	-70.1498	1030.9	0.18
49028	-41.1417	-70.1499	1030.9	-0.01
49029	-41.1419	-70.15	1029.3	-0.01
49030	-41.142	-70.1502	1027.7	-0.01
49031	-41.1422	-70.1503	1029.3	-0.01
49032	-41.1424	-70.1504	1023.7	-0.01
49033	-41.1425	-70.1505	1017.6	-0.01
49034	-41.1427	-70.1506	1011.7	-0.01
49035	-41.1428	-70.1507	1007.5	-0.01
49036	-41.143	-70.1508	1006	-0.01
49037	-41.1431	-70.151	1003.3	-0.01
49038	-41.1433	-70.1511	999.3	-0.01
49039	-41.1435	-70.1512	998	0.08
49041	-41.1436	-70.1513	986.6	-0.01
49042	-41.1438	-70.1514	984.4	-0.01
49043	-41.1439	-70.1515	983.1	-0.01
49044	-41.1393	-70.1577	962.4	0.28
49045	-41.1379	-70.1567	974.4	1.5
49046	-41.1377	-70.1566	980.5	0.49
49047	-41.1376	-70.1564	983.2	0.24
49048	-41.1374	-70.1563	986.6	-0.01
49049	-41.1373	-70.1562	987.7	-0.01
49050	-41.1372	-70.1561	988.6	-0.01
49051	-41.137	-70.156	994	-0.01
49052	-41.1368	-70.1559	998.5	1.9
49053	-41.1367	-70.1558	998	1.9
49054	-41.1365	-70.1557	990.2	3.2
49056	-41.1364	-70.1555	986.7	1.8
49057	-41.1363	-70.1562	994.3	-0.01
49058	-41.1364	-70.1563	997.5	0.15
49059	-41.1369	-70.1566	999.9	-0.01
49060	-41.1371	-70.1567	997.2	-0.01
49061	-41.1372	-70.1568	991	0.06
49062	-41.1374	-70.1569	987.6	1

Rio Negro – Target 38 Sample Results E2 Metals Limited • www.e2metals.com.au

ASX Announcement

Sample	Lat_WGS84	Long_WGS84		Au (gpt)
49063	-41.1375	-70.157	986.7	1.2
49064	-41.1377	-70.1572	980.4	0.05
49065	-41.1392	-70.159	960.8	2.9
49066	-41.139	-70.1588	966.9	0.19
49067	-41.1388	-70.1587	968.8	0.05
49068	-41.1386	-70.1586	970.4	0.14
49069	-41.1385	-70.1584	971.4	0.04
49071	-41.138	-70.1581	979	0.03
49072	-41.1376	-70.1578	977.6	0.1
49073	-41.1374	-70.1577	982.5	15
49074	-41.1372	-70.1575	992.7	0.63
49075	-41.1369	-70.1573	997.9	0.1
49076	-41.1368	-70.1572	1002.8	29
49077	-41.1367	-70.1571	1003.8	0.22
49078	-41.1365	-70.157	1002.6	-0.01
49079	-41.1366	-70.1578	1006.6	1.4
49080	-41.1368	-70.1578	1002.9	20
49081	-41.1371	-70.1581	996.9	0.3
49082	-41.1374	-70.1583	993.2	-0.01
49083	-41.1376	-70.1584	992.7	-0.01
49084	-41.1377	-70.1586	988.3	0.04
49086	-41.1379	-70.1586	986.7	0.35
49087	-41.138	-70.1588	986.5	1.3
49088	-41.1382	-70.1589	983.2	0.13
49089	-41.1384	-70.159	983.7	0.13
49090	-41.1385	-70.1591	977	0.14
49091	-41.1387	-70.1592	976.8	0.06
49092	-41.1388	-70.1593	971.6	0.07
49093	-41.1393	-70.1597	959.5	0.14
49094	-41.1394	-70.1598	952.5	0.03
49095	-41.1396	-70.1598	953.5	0.72
49096	-41.1397	-70.16	948.3	0.1
49097	-41.1399	-70.1601	946	0.53
49098	-41.1408	-70.1615	949	-0.01
49099	-41.1406	-70.1614	938.3	-0.01
49101	-41.1397	-70.1607	955	0.04
49102	-41.1395	-70.1606	954.1	-0.01
49103	-41.1393	-70.1604	986.5	0.28
49104	-41.1392	-70.1603	981.4	0.38
49105	-41.139	-70.1602	977.7	0.09
49106	-41.1389	-70.1601	971.2	0.16
49107	-41.1387	-70.16	974	0.88
49108	-41.1385	-70.1599	976.6	0.51
49109	-41.1384	-70.1598	982	0.01
49110	-41.1382	-70.1596	987.2	1

Rio Negro – Target 38 Sample Results E2 Metals Limited • www.e2metals.com.au

ASX Announcement

Sample	Lat_WGS84	Long_WGS84		Au (gpt)
49111	-41.1381	-70.1595	988.4	0.04
49112	-41.1379	-70.1594	991	0.3
49113	-41.1378	-70.1592	995.1	0.34
49114	-41.1376	-70.1592	993.1	0.03
49116	-41.1374	-70.1591	997	0.1
49117	-41.1373	-70.1589	997.2	-0.01
49118	-41.1371	-70.1588	996.8	-0.01
49119	-41.1369	-70.1587	997.5	-0.01
49120	-41.1368	-70.1586	996.3	0.81
49121	-41.1366	-70.1585	997	1.6
49122	-41.1365	-70.1583	1000.8	0.91
49123	-41.1364	-70.1582	1002.8	0.3
49124	-41.1362	-70.1581	1002.7	-0.01
49125	-41.1356	-70.1577	990	-0.01
49126	-41.1361	-70.1588	985.5	0.77
49127	-41.1362	-70.1589	984.7	0.1
49128	-41.1364	-70.159	983.8	0.1
49129	-41.1365	-70.1591	986.5	1.2
49131	-41.1367	-70.1592	992.5	0.01
49132	-41.1368	-70.1593	993.1	-0.01
49133	-41.137	-70.1593	987.2	-0.01
49134	-41.1371	-70.1595	986.8	-0.01
49135	-41.1373	-70.1596	985.7	2
49136	-41.1375	-70.1597	984.4	0.06
49137	-41.1376	-70.1598	977.4	0.48
49138	-41.1378	-70.1599	975.9	0.14
49139	-41.1379	-70.1601	974.9	0.05
49140	-41.1381	-70.1602	973.8	-0.01
49141	-41.1383	-70.1603	973.4	-0.01
49142	-41.1393	-70.161	961.1	-0.01
49143	-41.1394	-70.1612	962.2	0.02
49144	-41.1396	-70.1613	958.1	0.03
49146	-41.1398	-70.1614	959.9	0.16
49147	-41.1399	-70.1615	954.5	0.04
49148	-41.1401	-70.1616	960.2	-0.01
49149	-41.1402	-70.1617	959.1	0.01
49150	-41.1404	-70.1618	957.7	0.04
49151	-41.1405	-70.1626	952.8	0.14
49152	-41.1403	-70.1625	952.1	0.02
49153	-41.1402	-70.1624	953.2	0.02
49154	-41.14	-70.1623	953.7	0.4
49155	-41.1399	-70.1621	962.2	-0.01
49156	-41.1397	-70.1621	962.9	-0.01
49157	-41.1395	-70.1619	963.7	0.1
49158	-41.1394	-70.1618	965	0.09

Rio Negro – Target 38 Sample Results E2 Metals Limited • www.e2metals.com.au

ASX Announcement

Sample	Lat_WGS84	Long_WGS84		Au (gpt)
49159	-41.1392	-70.1617	967.2	0.08
49161	-41.1391	-70.1616	969.2	0.04
49162	-41.1389	-70.1615	976	0.03
49163	-41.1388	-70.1613	979.1	0.03
49164	-41.1386	-70.1612	977.2	-0.01
49165	-41.1384	-70.1611	976.7	-0.01
49166	-41.1383	-70.161	971.6	0.02
49167	-41.1381	-70.1609	964.7	0.28
49168	-41.138	-70.1608	964.4	0.06
49169	-41.1378	-70.1607	965	-0.01
49170	-41.1377	-70.1605	966.5	-0.01
49171	-41.1375	-70.1605	967.3	0.38
49172	-41.1374	-70.1603	967.2	0.39
49173	-41.1372	-70.1602	968.2	0.85
49174	-41.137	-70.1601	971.4	4.5
49176	-41.1369	-70.16	970.2	0.4
49177	-41.1367	-70.1599	973.8	1.6
49178	-41.1366	-70.1598	976.6	-0.01
49179	-41.1364	-70.1597	976.4	-0.01
49180	-41.1368	-70.1606	973.1	0.2
49181	-41.1375	-70.1611	974.1	-0.01
49182	-41.1377	-70.1613	964.2	0.03
49183	-41.1379	-70.1614	963.5	0.14
49184	-41.138	-70.1615	962.2	0.01
49185	-41.1382	-70.1617	962.7	-0.01
49186	-41.1384	-70.1618	968.3	0.07
49187	-41.1385	-70.1619	969.1	0.07
49188	-41.1386	-70.162	969	0.03
49189	-41.1388	-70.1621	971.9	0.06
49191	-41.1389	-70.1622	974.4	0.03
49192	-41.1391	-70.1623	971.4	0.11
49193	-41.1393	-70.1624	968.5	0.04
49194	-41.1394	-70.1625	968	0.11
49195	-41.1396	-70.1626	967.4	-0.01
49196	-41.1398	-70.1628	962	0.14
49197	-41.1399	-70.1629	962.3	0.22
49198	-41.1401	-70.163	963.6	0.15
49199	-41.1402	-70.1631	957.5	0.19
49200	-41.1404	-70.1639	953.2	3.6
49201	-41.1402	-70.1637	950	0.06
49202	-41.14	-70.1637	956.9	2.1
49203	-41.1399	-70.1636	958.3	0.66
49204	-41.1397	-70.1634	957	0.17
49206	-41.1392	-70.163	961	0.04
49207	-41.139	-70.1629	962.6	0.43

Rio Negro – Target 38 Sample Results E2 Metals Limited • www.e2metals.com.au

ASX Announcement

Sample	Lat_WGS84	Long_WGS84		Au (gpt)
49208	-41.1388	-70.1628	965.7	0.03
49209	-41.1387	-70.1627	976.1	0.03
49210	-41.1385	-70.1626	978.4	0.05
49211	-41.1384	-70.1624	968.4	0.11
49212	-41.1382	-70.1624	962.6	0.11
49213	-41.1381	-70.1623	957.1	0.08
49214	-41.1379	-70.1621	958.9	0.06
49215	-41.1377	-70.162	957.8	0.01
49216	-41.1376	-70.1619	965.1	0.02
49217	-41.1375	-70.1618	964.1	0.02
49218	-41.1373	-70.1617	959.8	0.02
49219	-41.1371	-70.1616	965.1	0.02
49221	-41.137	-70.1615	967.1	0.02
49222	-41.1368	-70.1613	973.7	0.06
49223	-41.1373	-70.1623	966.1	0.01
49224	-41.1377	-70.1626	953.2	0.56
49225	-41.1382	-70.163	953	0.16
49226	-41.1389	-70.1635	951.2	-0.01
49227	-41.1396	-70.164	950.1	0.09
49228	-41.1397	-70.1641	954.1	0.07
49229	-41.1399	-70.1642	949.7	0.05
49230	-41.1401	-70.1644	941.1	0.06
49231	-41.1397	-70.1647	939.3	0.28
49232	-41.1395	-70.1646	945.8	0.09
49233	-41.1394	-70.1645	947.5	0.04
49234	-41.1392	-70.1644	945.6	0.05
49236	-41.1391	-70.1643	951.1	0.08
49237	-41.1354	-70.1616	967.1	-0.01
49238	-41.1345	-70.161	972.9	-0.01
49239	-41.1382	-70.1643	948.1	0.02
49240	-41.1389	-70.1648	942.9	-0.01
49241	-41.139	-70.1649	942.6	0.07
49242	-41.1392	-70.165	941.1	1.1
49243	-41.1432	-70.1357	953.5	0.61
49244	-41.143	-70.1356	955.3	5
49245	-41.1428	-70.1355	955	0.12
49246	-41.1427	-70.1354	963.8	0.17
49247	-41.1425	-70.1353	963.6	-0.01
49248	-41.1424	-70.1352	962.4	0.01
49249	-41.1422	-70.1351	961.6	0.25
49251	-41.142	-70.1349	961.9	0.08
49252	-41.1419	-70.1348	969.4	0.04
49253	-41.1417	-70.1347	969.1	0.11
49254	-41.1416	-70.1346	969.9	0.06
49255	-41.1414	-70.1345	968	0.23

Rio Negro – Target 38 Sample Results E2 Metals Limited • www.e2metals.com.au

ASX Announcement

Sample	Lat_WGS84	Long_WGS84		Au (gpt)
49256	-41.1413	-70.1344	967.3	0.81
49257	-41.1406	-70.1348	968.1	0.08
49258	-41.1407	-70.1349	970.4	0.47
49259	-41.1409	-70.135	971.8	0.03
49260	-41.141	-70.1351	972.1	0.17
49261	-41.1412	-70.1352	974.5	0.04
49262	-41.1413	-70.1353	968.1	0.76
49263	-41.1415	-70.1355	961.7	0.22
49264	-41.1417	-70.1356	964.1	0.03
49266	-41.1418	-70.1357	971.9	0.02
49267	-41.1419	-70.1358	976.3	-0.01
49268	-41.1421	-70.1359	980.5	-0.01
49269	-41.1423	-70.136	977.4	-0.01
49270	-41.1424	-70.1361	978.4	0.04
49271	-41.1425	-70.1362	976.5	-0.01
49272	-41.1427	-70.1363	973.3	0.06
49273	-41.1429	-70.1365	973.1	-0.01
49274	-41.1431	-70.1366	966.4	-0.01
49275	-41.1432	-70.1367	965.7	-0.01
49276	-41.1433	-70.1368	953.7	-0.01
49277	-41.1434	-70.1369	956	0.06
49278	-41.1437	-70.1371	951.9	-0.01
49279	-41.144	-70.1381	954.8	0.96
49281	-41.1439	-70.138	962	2.7
49282	-41.1438	-70.1378	961.2	0.33
49283	-41.1435	-70.1377	962.6	0.16
49284	-41.1434	-70.1376	963	0.05
49285	-41.1433	-70.1375	968.1	0.3
49286	-41.1432	-70.1373	972.8	0.69
49287	-41.143	-70.1373	978.8	0.04
49288	-41.1429	-70.1372	986	0.05
49289	-41.1427	-70.1371	989.7	-0.01
49290	-41.1425	-70.137	992.8	-0.01
49291	-41.1424	-70.1369	994.8	0.58
49292	-41.1422	-70.1367	998.8	-0.01
49293	-41.1421	-70.1366	998.9	-0.01
49294	-41.1419	-70.1365	996.8	-0.01
49296	-41.1418	-70.1364	993.5	-0.01
49297	-41.1416	-70.1363	986.7	0.03
49298	-41.1415	-70.1362	980.7	0.01
49299	-41.1413	-70.1361	980	0.66
49300	-41.1411	-70.1359	982.1	0.02
49301	-41.141	-70.1358	977.3	0.75
49302	-41.1409	-70.1357	975.6	0.15
49303	-41.1407	-70.1356	974.5	0.01

Rio Negro – Target 38 Sample Results E2 Metals Limited • www.e2metals.com.au

ASX Announcement

Sample	Lat_WGS84	Long_WGS84		Au (gpt)
49304	-41.1405	-70.1354	975.1	0.97
49305	-41.1403	-70.1353	971.5	0.27
49306	-41.1401	-70.1359	975.7	0.69
49307	-41.1403	-70.136	978.2	0.11
49308	-41.1404	-70.1361	976.9	-0.01
49309	-41.1405	-70.1362	977.1	-0.01
49311	-41.1407	-70.1363	987.5	-0.01
49312	-41.1408	-70.1364	992	0.08
49313	-41.141	-70.1366	988.2	1.5
49314	-41.1412	-70.1367	980.8	0.68
49315	-41.1415	-70.1369	979.3	0.04
49316	-41.1416	-70.137	985.3	0.04
49317	-41.1418	-70.1371	991.5	0.63
49318	-41.1419	-70.1372	997.8	1.5
49319	-41.1421	-70.1373	997.5	0.5
49320	-41.1422	-70.1374	1001.7	-0.01
49321	-41.1424	-70.1375	1008.4	0.02
49322	-41.1425	-70.1376	999.7	2.3
49323	-41.1427	-70.1377	997.5	-0.01
49324	-41.1428	-70.1379	997.2	0.02
49326	-41.1429	-70.1379	988.6	0.37
49327	-41.1431	-70.1381	985.1	0.02
49328	-41.1433	-70.1382	983.7	1.6
49329	-41.1435	-70.1383	978.1	0.2
49330	-41.1436	-70.1384	976.6	2.2
49331	-41.1438	-70.1386	976.1	1.3
49332	-41.1439	-70.1387	970.7	0.27
49333	-41.1441	-70.1388	968.5	0.49
49334	-41.1443	-70.1395	959.6	-0.01
49335	-41.1441	-70.1394	964	0.02
49336	-41.144	-70.1393	966.5	-0.01
49337	-41.1438	-70.1392	968.4	0.13
49338	-41.1436	-70.1391	976.3	0.15
49339	-41.1435	-70.139	979.1	0.2
49341	-41.1433	-70.1389	981.8	0.07
49342	-41.1431	-70.1388	984	0.21
49343	-41.143	-70.1387	990.2	0.1
49344	-41.1429	-70.1386	999.4	0.24
49345	-41.1427	-70.1385	1007.5	0.03
49346	-41.1426	-70.1383	1031	-0.01
49347	-41.1424	-70.1383	1013.8	-0.01
49348	-41.1423	-70.1381	1014	-0.01
49349	-41.1422	-70.138	1004	-0.01
49350	-41.142	-70.1379	1004.1	-0.01
49351	-41.1418	-70.1378	997.8	-0.01

Rio Negro – Target 38 Sample Results E2 Metals Limited • www.e2metals.com.au

ASX Announcement

Sample	Lat_WGS84	Long_WGS84		Au (gpt)
49352	-41.1416	-70.1377	1006.2	3.2
49353	-41.1415	-70.1376	992.5	0.04
49354	-41.1413	-70.1375	993.8	-0.01
49356	-41.1412	-70.1374	993.8	0.16
49357	-41.141	-70.1373	990.6	0.62
49358	-41.1408	-70.1371	991.6	0.11
49359	-41.1407	-70.137	989.4	0.04
49360	-41.1405	-70.1369	995	0.02
49361	-41.1404	-70.1368	990.8	0.16
49362	-41.1402	-70.1367	989.2	0.94
49363	-41.14	-70.1366	985.4	0.08
49364	-41.1399	-70.1365	985.8	-0.01
49365	-41.1398	-70.137	987.8	0.31
49366	-41.1399	-70.1371	987.6	2.2
49367	-41.1401	-70.1372	989.8	0.9
49368	-41.1402	-70.1373	992	0.02
49369	-41.1404	-70.1374	1005.4	0.03
49371	-41.1405	-70.1375	1004	0.05
49372	-41.1407	-70.1377	1002.5	0.08
49373	-41.1408	-70.1378	1002.4	0.76
49374	-41.141	-70.1379	1001.3	0.02
49375	-41.1412	-70.138	1009.3	0.01
49376	-41.1413	-70.1381	1009.4	0.1
49377	-41.1415	-70.1383	1009.2	0.02
49378	-41.1416	-70.1383	1009	-0.01
49379	-41.1417	-70.1384	1002.6	0.03
49380	-41.1419	-70.1385	1007.6	-0.01
49381	-41.1421	-70.1387	1008.6	-0.01
49382	-41.1422	-70.1388	1014.7	-0.01
49383	-41.1424	-70.1389	1007.3	-0.01
49384	-41.1425	-70.1391	985.4	0.47
49386	-41.1427	-70.1392	991.7	0.15
49387	-41.1429	-70.1393	988.1	0.75
49388	-41.143	-70.1394	986	0.24
49389	-41.1432	-70.1395	993.3	0.24
49390	-41.1433	-70.1396	972.7	-0.01
49391	-41.1434	-70.1397	966.9	-0.01
49392	-41.1436	-70.1398	960	0.29
49393	-41.1438	-70.1399	959.7	0.77
49394	-41.1428	-70.1398	967.9	0.06
49395	-41.1426	-70.1397	983.2	0.04
49396	-41.1425	-70.1396	982.9	0.2
49397	-41.1423	-70.1395	986.1	-0.01
49398	-41.1422	-70.1394	987.2	0.01
49399	-41.142	-70.1393	991.2	0.04

Rio Negro – Target 38 Sample Results E2 Metals Limited • www.e2metals.com.au

ASX Announcement

Sample	Lat_WGS84	Long_WGS84		Au (gpt)
49401	-41.1419	-70.1392	996.3	-0.01
49402	-41.1417	-70.139	994.1	-0.01
49403	-41.1415	-70.1389	1003.4	11
49404	-41.1414	-70.1388	997.9	0.16
49405	-41.1412	-70.1387	999.9	0.09
49406	-41.1411	-70.1386	1003.5	-0.01
49407	-41.1409	-70.1385	1003.4	-0.01
49408	-41.1408	-70.1383	1002.8	-0.01
49409	-41.1406	-70.1383	1003.2	0.02
49410	-41.1405	-70.1381	1005.8	0.02
49411	-41.1403	-70.138	1008.6	0.05
49412	-41.1401	-70.1379	1010.4	0.07
49413	-41.14	-70.1378	1008.3	0.08
49414	-41.1399	-70.1377	1005.6	0.23
49416	-41.1397	-70.1376	1001.1	0.17
49417	-41.1394	-70.1373	993.7	0.02
49418	-41.1392	-70.1379	999.4	4.7
49419	-41.1395	-70.1381	1001.6	0.15
49420	-41.1397	-70.1382	1002.3	0.27
49421	-41.1398	-70.1383	1005	0.13
49422	-41.14	-70.1384	1012.2	0.03
49423	-41.1401	-70.1386	1015.9	0.11
49424	-41.1403	-70.1387	1015.3	0.19
49425	-41.1404	-70.1388	1006	0.02
49426	-41.1406	-70.1389	1005.1	0.61
49427	-41.1408	-70.139	999.8	0.12
49428	-41.1409	-70.1391	997.9	0.03
49429	-41.1411	-70.1392	996.4	-0.01
49431	-41.1412	-70.1393	979.5	-0.01
49432	-41.1414	-70.1394	981.2	-0.01
49433	-41.1415	-70.1396	985.5	0.02
49434	-41.1417	-70.1397	983.2	0.82
49435	-41.1419	-70.1398	982.5	0.1
49436	-41.142	-70.1399	979.9	0.07
49437	-41.1422	-70.14	975.2	-0.01
49438	-41.1423	-70.1401	973.2	-0.01
49439	-41.1434	-70.1409	966.6	-0.01
49440	-41.1436	-70.141	965.1	0.03
49441	-41.1437	-70.1412	964.8	-0.01
49442	-41.1439	-70.1413	967.4	0.76
49443	-41.144	-70.1414	966.2	0.31
49444	-41.1441	-70.1422	968.8	0.18
49446	-41.1437	-70.1418	972.5	0.02
49447	-41.1432	-70.1415	973.7	0.02
49448	-41.143	-70.1414	974.1	-0.01

Rio Negro – Target 38 Sample Results E2 Metals Limited • www.e2metals.com.au

ASX Announcement

Sample	Lat_WGS84	Long_WGS84		Au (gpt)
49449	-41.1429	-70.1413	974.6	-0.01
49450	-41.1425	-70.141	973.9	-0.01
49451	-41.1423	-70.1408	975.4	-0.01
49452	-41.1417	-70.1404	978.3	0.01
49453	-41.1413	-70.1401	997.8	-0.01
49454	-41.1411	-70.1399	991	0.02
49455	-41.141	-70.1399	991.9	0.02
49456	-41.1408	-70.1398	993.9	1.5
49457	-41.1407	-70.1396	994.9	0.73
49458	-41.1405	-70.1395	1002.1	-0.01
49459	-41.1404	-70.1394	1012.1	0.45
49461	-41.1402	-70.1393	1009.1	0.01
49462	-41.1401	-70.1392	1011.5	0.69
49463	-41.1399	-70.1391	1016.5	0.05
49464	-41.1397	-70.1389	1012.3	0.18
49465	-41.1396	-70.1389	1013.6	0.02
49466	-41.1394	-70.1388	1008.6	0.79
49467	-41.1389	-70.1384	1007.8	0.01
49468	-41.1387	-70.1383	1006	-0.01
49469	-41.1386	-70.1381	1004.8	-0.01
49470	-41.1382	-70.1386	1012.6	-0.01
49471	-41.1384	-70.1387	1010.3	-0.01
49472	-41.1386	-70.1388	1010.1	0.02
49473	-41.1387	-70.1389	1014.2	0.01
49474	-41.1389	-70.139	1014.5	0.83
49476	-41.139	-70.1391	1014.3	0.09
49477	-41.1392	-70.1392	1017.8	0.03
49478	-41.1393	-70.1394	1019.1	0.34
49479	-41.1395	-70.1395	1020.4	-0.01
49480	-41.1396	-70.1396	1011.6	0.63
49481	-41.1397	-70.1397	990.2	-0.01
49482	-41.14	-70.1398	995.1	0.15
49483	-41.1401	-70.1399	997.8	0.05
49484	-41.1403	-70.14	998.7	-0.01
49485	-41.1404	-70.1402	997.5	0.31
49486	-41.1406	-70.1403	996.4	0.25
49487	-41.1407	-70.1404	992.4	0.05
49488	-41.1414	-70.1409	986.9	-0.01
49489	-41.1419	-70.1412	982.5	-0.01
49491	-41.1421	-70.1414	997.6	-0.01
49492	-41.1423	-70.1415	992.8	-0.01
49493	-41.1425	-70.1416	986.9	-0.01
49494	-41.1426	-70.1417	986	-0.01
49495	-41.1428	-70.1418	987.2	-0.01
49496	-41.1429	-70.142	988.9	-0.01

Rio Negro – Target 38 Sample Results E2 Metals Limited • www.e2metals.com.au

ASX Announcement

Sample	Lat_WGS84	Long_WGS84		Au (gpt)
49497	-41.1431	-70.1421	985.3	0.03
49498	-41.1429	-70.1426	990	-0.01
49499	-41.1427	-70.1425	990.6	-0.01
49500	-41.1425	-70.1424	991.5	-0.01
49501	-41.1424	-70.1423	991	-0.01
49502	-41.1423	-70.1422	992.1	-0.01
49503	-41.1421	-70.142	997.5	-0.01
49504	-41.1419	-70.1419	996.9	-0.01
49506	-41.1418	-70.1418	992.6	-0.01
49507	-41.1416	-70.1417	991.6	-0.01
49508	-41.1397	-70.1403	1005	1.4
49509	-41.1395	-70.1402	1005.2	0.04
49510	-41.1394	-70.1401	1006.5	0.01
49511	-41.1392	-70.14	1019.3	0.47
49512	-41.1391	-70.1399	1022.2	0.05
49513	-41.1389	-70.1398	1026.8	0.02
49514	-41.1388	-70.1397	1027.7	0.01
49515	-41.1386	-70.1396	1025.7	-0.01
49516	-41.1384	-70.1394	1024.6	0.03
49517	-41.1383	-70.1393	1020.7	-0.01
49518	-41.1381	-70.1392	1019.5	0.05
49519	-41.138	-70.1391	1017.7	-0.01
49521	-41.1378	-70.139	1014.1	-0.01
49522	-41.1378	-70.1396	1012	-0.01
49523	-41.138	-70.1397	1012.2	0.22
49524	-41.1381	-70.1398	1012.2	0.05
49525	-41.1383	-70.14	1013.5	-0.01
49526	-41.1384	-70.1401	1011.7	-0.01
49527	-41.1386	-70.1402	1015.8	-0.01
49528	-41.1387	-70.1403	1017.9	-0.01
49529	-41.1389	-70.1404	1019.6	-0.01
49530	-41.1391	-70.1405	1019.7	-0.01
49531	-41.1392	-70.1406	1018	0.15
49532	-41.1393	-70.1407	1007.7	0.09
49533	-41.14	-70.1413	991.7	-0.01
49534	-41.141	-70.1419	998.4	-0.01
49536	-41.1411	-70.142	992.2	-0.01
49537	-41.1413	-70.1422	994.1	-0.01
49538	-41.1414	-70.1423	998.3	-0.01
49539	-41.1416	-70.1424	998	-0.01
49540	-41.1418	-70.1425	999.5	-0.01
49541	-41.1419	-70.1426	1005.1	-0.01
49542	-41.1421	-70.1427	1006.5	-0.01
49543	-41.1422	-70.1428	1007.3	-0.01
49544	-41.1424	-70.1429	1002.8	-0.01

Rio Negro – Target 38 Sample Results E2 Metals Limited • www.e2metals.com.au

ASX Announcement

Sample	Lat_WGS84	Long_WGS84		Au (gpt)
49545	-41.1425	-70.143	1002	0.02
49546	-41.1427	-70.1431	998	-0.01
49547	-41.1429	-70.1433	972.8	-0.01
49548	-41.143	-70.1433	984.7	0.06
49549	-41.1432	-70.1435	983.3	0.32
49551	-41.1433	-70.1436	976.5	1.3
49552	-41.1435	-70.1437	975.2	0.26
49553	-41.1436	-70.1438	971.5	0.06
49554	-41.1437	-70.1439	960.5	-0.01
49555	-41.144	-70.144	962.5	0.37
49556	-41.1441	-70.1442	965.4	0.2
49557	-41.1443	-70.1443	959.7	0.08
49558	-41.1444	-70.1444	960.4	0.15
49559	-41.1446	-70.1445	956.6	0.4
49560	-41.1443	-70.145	964.2	0.07
49561	-41.1441	-70.1449	957.1	0.42
49562	-41.144	-70.1448	960.4	0.11
49563	-41.1438	-70.1447	962.6	0.42
49564	-41.1437	-70.1446	965.9	0.9
49566	-41.1435	-70.1445	971.7	0.06
49567	-41.1434	-70.1444	970.2	0.04
49568	-41.1432	-70.1442	983	0.03
49569	-41.143	-70.1441	981.9	-0.01
49570	-41.1429	-70.144	983.3	-0.01
49571	-41.1427	-70.1439	985	0.03
49572	-41.1426	-70.1438	990.8	0.07
49573	-41.1424	-70.1437	999.9	0.4
49574	-41.1422	-70.1436	999.9	2.3
49575	-41.1421	-70.1434	1003.5	-0.01
49576	-41.1419	-70.1433	1010.6	-0.01
49577	-41.1418	-70.1432	1014.8	-0.01
49578	-41.1416	-70.1431	1017.7	-0.01
49579	-41.1415	-70.143	1013.1	-0.01
49581	-41.1413	-70.1429	1012.8	-0.01
49582	-41.1412	-70.1428	1005.9	-0.01
49583	-41.141	-70.1426	1005.6	-0.01
49584	-41.1409	-70.1425	1009.3	-0.01
49585	-41.1407	-70.1424	1007.3	0.02
49586	-41.1405	-70.1423	1000.2	-0.01
49587	-41.1404	-70.1422	1000.3	0.01
49588	-41.1397	-70.1416	1000.4	-0.01
49589	-41.1391	-70.1412	1023.9	0.04
49590	-41.1389	-70.1411	1022.8	-0.01
49591	-41.1388	-70.141	1023.3	-0.01
49592	-41.1386	-70.1409	1026.4	-0.01

Rio Negro – Target 38 Sample Results E2 Metals Limited • www.e2metals.com.au

ASX Announcement

Sample	Lat_WGS84	Long_WGS84		Au (gpt)
49593	-41.1385	-70.1408	1025.6	0.26
49594	-41.1383	-70.1407	1025.1	-0.01
49596	-41.1382	-70.1406	1018.6	-0.01
49597	-41.138	-70.1405	1026.4	-0.01
49598	-41.1378	-70.1404	1027.9	-0.01
49599	-41.1377	-70.1403	1024.6	-0.01
49600	-41.1376	-70.1401	1021.4	-0.01
49601	-41.1373	-70.1407	1019.5	-0.01
49602	-41.1375	-70.1408	1017.4	2.7
49603	-41.1376	-70.1409	1018.8	1.3
49604	-41.1378	-70.141	1023.7	0.01
49605	-41.138	-70.1411	1027.9	0.04
49606	-41.1381	-70.1412	1032.2	-0.01
49607	-41.1383	-70.1413	1032.2	0.12
49608	-41.1385	-70.1415	1030.7	0.01
49609	-41.1386	-70.1416	1024.6	-0.01
49611	-41.1387	-70.1417	1022.4	0.02
49612	-41.1389	-70.1418	1020	0.02
49613	-41.1391	-70.1419	1015.5	0.09
49614	-41.1392	-70.142	1013	-0.01
49615	-41.1394	-70.1421	1008.6	0.02
49616	-41.1395	-70.1422	1010.1	0.02
49617	-41.1397	-70.1423	1020.8	0.03
49618	-41.1398	-70.1425	1016	0.02
49619	-41.14	-70.1426	1011.8	-0.01
49620	-41.1401	-70.1427	1010.5	-0.01
49621	-41.1403	-70.1428	1014.5	0.16
49622	-41.1405	-70.1429	1015.3	-0.01
49623	-41.1406	-70.143	1016.1	-0.01
49624	-41.1408	-70.1431	1021.7	-0.01
49626	-41.1409	-70.1432	1020.4	-0.01
49627	-41.1411	-70.1434	1021.2	-0.01
49628	-41.1412	-70.1435	1021.2	-0.01
49629	-41.1414	-70.1436	1018.5	-0.01
49630	-41.1416	-70.1437	1017.5	-0.01
49631	-41.1417	-70.1438	1017.8	-0.01
49632	-41.1419	-70.1439	1013.1	0.29
49633	-41.142	-70.144	992.8	-0.01
49634	-41.1422	-70.1442	1009.3	-0.01
49635	-41.1423	-70.1443	1007.1	-0.01
49636	-41.1425	-70.1444	1004.7	0.03
49637	-41.1427	-70.1445	1002.6	1.1
49638	-41.1428	-70.1446	1000.6	0.03
49639	-41.143	-70.1447	997.9	0.02
49641	-41.1431	-70.1448	991.3	0.16

Rio Negro – Target 38 Sample Results E2 Metals Limited • www.e2metals.com.au

ASX Announcement

Sample	Lat_WGS84	Long_WGS84		Au (gpt)
49642	-41.1433	-70.1449	988.3	0.12
49643	-41.1434	-70.145	985.5	0.16
49644	-41.1436	-70.1451	976.5	0.07
49645	-41.1438	-70.1453	962.3	0.03
49646	-41.1439	-70.1454	965.8	0.13
49647	-41.144	-70.1455	963.9	0.27
49648	-41.144	-70.1461	957	0.12
49649	-41.1438	-70.146	958.5	0.15
49650	-41.1437	-70.1458	963.8	0.21
49651	-41.1435	-70.1457	992.1	0.13
49652	-41.1434	-70.1456	974.9	0.46
49653	-41.1432	-70.1456	971.4	0.1
49654	-41.143	-70.1454	980.7	0.28
49656	-41.1429	-70.1453	984.5	15
49657	-41.1427	-70.1452	988.8	0.1
49658	-41.1426	-70.1451	1004	-0.01
49659	-41.1424	-70.145	999	-0.01
49660	-41.1422	-70.1448	999.9	-0.01
49661	-41.1421	-70.1447	1001.4	0.02
49662	-41.1419	-70.1446	1001.1	0.04
49663	-41.1418	-70.1445	1003.9	0.43
49664	-41.1416	-70.1444	1003.9	0.12
49665	-41.1415	-70.1443	1006.5	0.08
49666	-41.1413	-70.1442	1011.6	0.1
49667	-41.1411	-70.1441	1018.1	-0.01
49668	-41.141	-70.144	1023.3	-0.01
49669	-41.1409	-70.1438	1030.5	-0.01
49671	-41.1407	-70.1437	1035.1	-0.01
49672	-41.1406	-70.1436	1036.3	-0.01
49673	-41.1404	-70.1435	1039.7	0.02
49674	-41.1402	-70.1434	1035.5	-0.01
49675	-41.14	-70.1433	1033.7	-0.01
49676	-41.1399	-70.1432	1030.6	0.02
49677	-41.1396	-70.143	1016.3	-0.01
49678	-41.1391	-70.1426	1024.6	0.02
49679	-41.139	-70.1425	1031	0.01
49680	-41.1388	-70.1424	1033.1	-0.01
49681	-41.1387	-70.1423	1032.8	-0.01
49682	-41.1385	-70.1422	1032.3	0.03
49683	-41.1383	-70.1421	1031.3	0.02
49684	-41.1382	-70.1419	1030.9	0.2
49686	-41.138	-70.1418	1031.6	-0.01
49687	-41.1379	-70.1417	1018.8	0.19
49688	-41.1377	-70.1416	1022.6	0.02
49689	-41.1375	-70.1415	1023.6	-0.01

Rio Negro – Target 38 Sample Results E2 Metals Limited • www.e2metals.com.au

ASX Announcement

Sample	Lat_WGS84	Long_WGS84		Au (gpt)
49690	-41.1374	-70.1414	1017.2	0.02
49691	-41.1372	-70.1413	1014.4	-0.01
49692	-41.1371	-70.1412	1013.5	-0.01
49693	-41.1371	-70.1419	1015.7	0.01
49694	-41.1373	-70.142	1017.5	-0.01
49695	-41.1374	-70.1421	1019.2	-0.01
49696	-41.1376	-70.1422	1021.6	-0.01
49697	-41.1378	-70.1423	1026.2	0.03
49698	-41.1379	-70.1424	1028.1	-0.01
49699	-41.1381	-70.1426	1036.3	-0.01
49701	-41.1382	-70.1426	1036.5	-0.01
49702	-41.1383	-70.1427	1034.8	0.02
49703	-41.1386	-70.1429	1031.7	-0.01
49704	-41.1387	-70.143	1030.3	0.01
49705	-41.1388	-70.1431	1028.6	-0.01
49706	-41.1391	-70.1432	1036.6	-0.01
49707	-41.1392	-70.1433	1036.9	-0.01
49708	-41.1393	-70.1434	1035.5	0.04
49709	-41.1395	-70.1435	1035.9	0.04
49710	-41.1397	-70.1436	1032	-0.01
49711	-41.1398	-70.1438	1035.1	0.02
49712	-41.14	-70.1439	1031.4	-0.01
49713	-41.1401	-70.144	1048.3	-0.01
49714	-41.1403	-70.1441	1050	-0.01
49716	-41.1404	-70.1442	1044	0.02
49717	-41.1406	-70.1443	1033.1	-0.01
49718	-41.1407	-70.1444	1029.3	-0.01
49719	-41.1409	-70.1445	1003.7	-0.01
49720	-41.141	-70.1447	1013.6	-0.01
49721	-41.1412	-70.1448	1010.9	-0.01
49722	-41.1414	-70.1449	1005.9	0.07
49723	-41.1415	-70.145	1000.5	-0.01
49724	-41.1417	-70.1451	998	0.01
49725	-41.1418	-70.1453	993.7	-0.01
49726	-41.142	-70.1453	992.3	-0.01
49727	-41.1422	-70.1454	993.4	0.02
49728	-41.1423	-70.1456	994.2	-0.01
49729	-41.1426	-70.1458	990.2	-0.01
49731	-41.1426	-70.1458	988.2	0.1
49732	-41.1428	-70.1459	978.7	0.09
49733	-41.143	-70.146	978.6	0.6
49734	-41.1431	-70.1461	976.9	0.6
49735	-41.1433	-70.1463	973.9	0.49
49736	-41.1434	-70.1464	964.3	7.3
49737	-41.1421	-70.1414	997.6	0.4

Rio Negro – Target 38 Sample Results E2 Metals Limited • www.e2metals.com.au

ASX Announcement

Sample	Lat_WGS84	Long_WGS84		Au (gpt)
49738	-41.1424	-70.1463	975.7	-0.01
49739	-41.1423	-70.1462	974.2	-0.01
49740	-41.1422	-70.1462	973.1	0.12
49741	-41.142	-70.146	976.4	0.14
49742	-41.1418	-70.1459	979.2	-0.01
49743	-41.1417	-70.1458	984	1.4
49744	-41.1414	-70.1456	986.4	0.04
49746	-41.1414	-70.1456	993.5	0.02
49747	-41.1413	-70.1455	1001.1	-0.01
49748	-41.1411	-70.1454	1004.4	-0.01
49749	-41.1409	-70.1453	1008.8	-0.01
49750	-41.1408	-70.1452	1013.5	-0.01
49751	-41.1407	-70.1451	1041.3	-0.01
49752	-41.1405	-70.145	1034.3	-0.01
49753	-41.1404	-70.1449	1036.4	-0.01
49754	-41.1402	-70.1448	1041.5	0.01
49755	-41.14	-70.1445	1038.5	0.01
49756	-41.1398	-70.1444	1048.6	0.03
49757	-41.1396	-70.1443	1044.5	0.12
49758	-41.1395	-70.1442	1052.8	0.11
49759	-41.1393	-70.1441	1044.9	0.03
49761	-41.1392	-70.144	1038.7	0.04
49762	-41.1389	-70.1438	1030.3	-0.01
49763	-41.1383	-70.1434	1026.8	0.16
49764	-41.1382	-70.1433	1025.9	0.02
49765	-41.138	-70.1432	1026.1	0.33
49766	-41.1379	-70.1431	1025.8	-0.01
49767	-41.1377	-70.143	1019.5	-0.01
49768	-41.1376	-70.1429	1018.6	-0.01
49769	-41.1375	-70.1428	1020.1	-0.01
49770	-41.1373	-70.1427	1020.8	0.21
49771	-41.1372	-70.1426	1019.9	-0.01
49772	-41.1371	-70.1432	1022.2	-0.01
49773	-41.1372	-70.1433	1021.3	0.09
49774	-41.1378	-70.1437	1026	2
49776	-41.1379	-70.1437	1026.2	0.39
49777	-41.1381	-70.1439	1029.2	0.3
49778	-41.1383	-70.144	1030.2	0.02
49779	-41.1384	-70.1441	1031.4	0.01
49780	-41.1386	-70.1443	1032.1	-0.01
49781	-41.1387	-70.1444	1036	0.64
49782	-41.1389	-70.1445	1034.2	0.02
49783	-41.139	-70.1446	1037.8	-0.01
49784	-41.1392	-70.1447	1039.4	0.26
49785	-41.1394	-70.1448	1042.3	0.12

Rio Negro – Target 38 Sample Results E2 Metals Limited • www.e2metals.com.au

ASX Announcement

Sample	Lat_WGS84	Long_WGS84		Au (gpt)
49786	-41.1396	-70.1449	1046.3	0.34
49787	-41.1398	-70.145	1040.6	0.05
49788	-41.1399	-70.1452	1045	-0.01
49789	-41.1401	-70.1453	1038.7	-0.01
49791	-41.1402	-70.1454	1036.6	-0.01
49792	-41.1403	-70.1455	1032.5	-0.01
49793	-41.1405	-70.1456	1024.5	-0.01
49794	-41.1407	-70.1458	990.7	-0.01
49795	-41.1409	-70.1458	1007.6	-0.01
49796	-41.141	-70.146	1007.6	0.04
49797	-41.1411	-70.1461	994.2	0.03
49798	-41.1413	-70.1462	992.9	0.07
49799	-41.1415	-70.1463	991	0.05
49800	-41.1416	-70.1465	980.5	0.67
49801	-41.1418	-70.1465	983.8	2
49802	-41.1419	-70.1466	990.9	0.03
49803	-41.1421	-70.1468	989.1	0.77
49804	-41.1424	-70.1469	987.2	1.8
49806	-41.1424	-70.147	981.8	0.19
49807	-41.1426	-70.1471	975.3	-0.01
49808	-41.1427	-70.1472	973.3	0.03
49809	-41.1429	-70.1473	970.8	0.47
49810	-41.1431	-70.1483	966.9	0.05
49811	-41.143	-70.1482	969.3	0.08
49812	-41.1428	-70.148	969.9	-0.01
49813	-41.1426	-70.1479	971.4	0.07
49814	-41.1425	-70.1478	979.1	0.24
49815	-41.1424	-70.1477	985.2	0.03
49816	-41.1422	-70.1476	992.5	0.13
49817	-41.1421	-70.1475	995.7	0.36
49818	-41.1419	-70.1474	999.7	0.01
49819	-41.1418	-70.1472	1009.4	-0.01
49821	-41.1416	-70.1472	1008.7	-0.01
49822	-41.1414	-70.147	1011.3	-0.01
49823	-41.1413	-70.1469	1011	0.04
49824	-41.1411	-70.1468	1014.1	0.05
49825	-41.141	-70.1467	1013.5	0.25
49826	-41.1408	-70.1466	1016.1	0.02
49827	-41.1407	-70.1465	1010	0.05
49828	-41.1405	-70.1463	1016.4	0.06
49829	-41.1404	-70.1462	1018.9	0.02
49830	-41.1402	-70.1461	1019.8	-0.01
49831	-41.1401	-70.146	1020.5	-0.01
49832	-41.1399	-70.1459	1030	-0.01
49833	-41.1397	-70.1458	1031.4	-0.01

Rio Negro – Target 38 Sample Results E2 Metals Limited • www.e2metals.com.au

ASX Announcement

Sample	Lat_WGS84	Long_WGS84		Au (gpt)
49834	-41.1396	-70.1457	1041.9	-0.01
49836	-41.1394	-70.1455	1038.1	-0.01
49837	-41.1393	-70.1454	1043.1	-0.01
49838	-41.1391	-70.1453	1039.1	0.15
49839	-41.139	-70.1452	1036.1	0.26
49840	-41.1385	-70.1448	1032.6	0.02
49841	-41.1384	-70.1447	1031.1	0.5
49842	-41.1382	-70.1446	1030.8	0.26
49843	-41.138	-70.1445	1030.4	0.07
49844	-41.1379	-70.1444	1030.8	1.1
49845	-41.1377	-70.1443	1028.4	0.04
49846	-41.1376	-70.1441	1027.7	0.31
49847	-41.1374	-70.144	1027.2	8.9
49848	-41.1373	-70.1439	1025.8	0.01
49849	-41.1371	-70.1438	1024.4	0.17
49851	-41.137	-70.1437	1022.9	-0.01
49852	-41.1368	-70.1436	1022.5	0.1
49853	-41.1368	-70.1444	1024.2	0.03
49854	-41.137	-70.1445	1024.7	-0.01
49855	-41.1371	-70.1446	1028	1.6
49856	-41.1373	-70.1447	1026.9	0.8
49857	-41.1375	-70.1448	1026.4	0.04
49858	-41.1376	-70.145	1025.4	5.2
49859	-41.1378	-70.1451	1025.3	0.06
49860	-41.1379	-70.1452	1027.1	0.05
49861	-41.1381	-70.1453	1027.3	-0.01
49862	-41.1382	-70.1454	1026.4	0.14
49863	-41.1384	-70.1456	1026.2	-0.01
49864	-41.1386	-70.1456	1026.9	0.06
49866	-41.1388	-70.1458	1027.9	0.19
49867	-41.1389	-70.1459	1032	0.03
49868	-41.1391	-70.146	1033.5	-0.01
49869	-41.1392	-70.1461	1037.8	-0.01
49870	-41.1394	-70.1462	1040.9	-0.01
49871	-41.1395	-70.1463	1043.9	-0.01
49872	-41.1397	-70.1465	1040.8	0.02
49873	-41.1398	-70.1466	1037.6	0.01
49874	-41.14	-70.1467	1034.1	-0.01
49875	-41.1402	-70.1468	1033.6	0.01
49876	-41.1403	-70.1469	1035.6	0.02
49877	-41.1405	-70.1471	1033.7	0.22
49878	-41.1406	-70.1472	1031.8	0.07
49879	-41.1408	-70.1473	1029.1	0.03
49881	-41.141	-70.1474	1033	-0.01
49882	-41.1411	-70.1475	1029	-0.01

Rio Negro – Target 38 Sample Results E2 Metals Limited • www.e2metals.com.au

ASX Announcement

Sample	Lat_WGS84	Long_WGS84		Au (gpt)
49883	-41.1412	-70.1476	1027.9	-0.01
49884	-41.1414	-70.1477	1022.1	-0.01
49885	-41.1415	-70.1478	1014.5	0.03
49886	-41.1417	-70.148	1009	-0.01
49887	-41.1418	-70.1481	1006.4	0.02
49888	-41.142	-70.1482	994.8	-0.01
49889	-41.1422	-70.1483	993.2	0.08
49890	-41.1423	-70.1484	982.7	0.12
49891	-41.1425	-70.1485	983.2	0.2
49892	-41.1426	-70.1486	984.6	0.14
49893	-41.1428	-70.1487	984	0.03
49894	-41.143	-70.1489	980.2	-0.01
49896	-41.1431	-70.149	976.5	-0.01
49897	-41.1433	-70.1491	976.6	-0.01
49898	-41.1431	-70.1496	983.1	0.01
49899	-41.143	-70.1495	989.9	-0.01
49900	-41.1428	-70.1494	989.1	-0.01
49901	-41.1426	-70.1492	992.5	-0.01
49902	-41.1425	-70.1491	995.9	-0.01
49903	-41.1423	-70.149	997.7	-0.01
49904	-41.1421	-70.1488	996.4	0.04
49905	-41.142	-70.1487	997.3	0.08
49906	-41.1418	-70.1486	1002.3	0.03
49907	-41.1417	-70.1485	1007.1	-0.01
49908	-41.1415	-70.1484	1014.7	-0.01
49909	-41.1414	-70.1483	1021.1	0.04
49911	-41.1412	-70.1482	1028.5	0.02
49912	-41.1411	-70.1481	1029.6	0.04
49913	-41.1409	-70.148	1040.9	-0.01
49914	-41.1408	-70.1479	1039.1	-0.01
49915	-41.1406	-70.1478	1041.2	0.03
49916	-41.1404	-70.1476	1047.1	0.75
49917	-41.1403	-70.1476	1051.3	-0.01
49918	-41.1402	-70.1475	1052.3	-0.01
49919	-41.14	-70.1474	1053.9	0.02
49920	-41.1398	-70.1472	1049.2	0.01
49921	-41.1397	-70.1471	1046.2	0.01
49922	-41.1395	-70.147	1044.7	0.04
49923	-41.1394	-70.1469	1041.9	0.01
49924	-41.1392	-70.1468	1034.2	0.03
49926	-41.139	-70.1467	1032.3	-0.01
49927	-41.1389	-70.1466	1032.1	0.01
49928	-41.1388	-70.1464	1030.9	0.01
49929	-41.1386	-70.1463	1031.2	-0.01
49930	-41.1384	-70.1462	1028.8	-0.01

Rio Negro – Target 38 Sample Results E2 Metals Limited • www.e2metals.com.au

ASX Announcement

Sample	Lat_WGS84	Long_WGS84		Au (gpt)
49931	-41.1383	-70.1461	1027.7	-0.01
49932	-41.1381	-70.146	1027.1	-0.01
49933	-41.138	-70.1459	1026.3	-0.01
49934	-41.1378	-70.1458	1025.2	-0.01
49935	-41.1376	-70.1456	1025.2	-0.01
49936	-41.1375	-70.1455	1024.3	0.03
49937	-41.1373	-70.1454	1023	0.09
49938	-41.1371	-70.1453	1018.7	-0.01
49939	-41.137	-70.1451	1020.2	4.9
49941	-41.1368	-70.145	1018.9	-0.01
49942	-41.1367	-70.1449	1017.4	-0.01
49943	-41.1371	-70.1459	1023.4	-0.01
49944	-41.1382	-70.1467	1028	0.02
49945	-41.1392	-70.1474	1030.5	0.02
49946	-41.1393	-70.1475	1041.1	-0.01
49947	-41.1395	-70.1477	1042.4	-0.01
49948	-41.1396	-70.1478	1046.8	-0.01
49949	-41.1398	-70.1479	1053.8	-0.01
49950	-41.1399	-70.148	1061.3	-0.01
49951	-41.1401	-70.1481	1064.8	0.02
49952	-41.1403	-70.1482	1061.1	-0.01
49953	-41.1404	-70.1483	1061.8	0.04
49954	-41.1405	-70.1484	1057.2	0.14
49956	-41.1407	-70.1485	1055.2	3.5
49957	-41.1408	-70.1486	1047.4	0.04
49958	-41.141	-70.1488	1042.3	0.02
49959	-41.1411	-70.1488	1033.5	0.02
49960	-41.1413	-70.149	1025.5	0.01
49961	-41.1414	-70.1491	1022.8	0.03
49962	-41.1416	-70.1492	1021.2	1.3
49963	-41.1417	-70.1493	1019.7	0.07
49964	-41.1419	-70.1494	1018.4	-0.01
49965	-41.142	-70.1495	1015.5	-0.01
49966	-41.1422	-70.1497	1014.5	-0.01
49967	-41.1424	-70.1498	1013.2	-0.01
49968	-41.1426	-70.1499	1009.4	-0.01
49969	-41.1427	-70.1499	1006	-0.01
49971	-41.1428	-70.15	1001.5	-0.01
49972	-41.143	-70.1501	996.1	-0.01
49973	-41.1431	-70.1503	993.1	-0.01
49974	-41.1433	-70.1504	994.4	0.05
49975	-41.1435	-70.1505	994.7	-0.01
49976	-41.1436	-70.1506	992.2	-0.01
49977	-41.1438	-70.1507	987.9	-0.01

Rio Negro – Target 38 Sample Results E2 Metals Limited • www.e2metals.com.au

ASX Announcement

Rio Negro – Target 38 Sample Results E2 Metals Limited • www.e2metals.com.au

ASX Announcement

Competent Person’s Statement

Information in this report that relates to Exploration results and targets is based on, and fairly reflects, information compiled by E2 Metals Limited and Colin Brodie, a Competent Person who is a Member of the Australian Institute of Geoscientists. Mr. Brodie is a Senior Technical Advisor and consultant to E2 Metals Limited. Mr. Brodie has sufficient experience that is relevant to the style of mineralisation and type of deposit under consideration and to the activity, which he is undertaking to qualify as a Competent Person as defined by the 2012 Edition of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves. Mr. Brodie consents to the inclusion of the data in the form and context in which it appears

Forward Looking Statement

Certain statements in this announcement constitute “forward-looking statements” or “forward looking information” within the meaning of applicable securities laws. Such statements involve known and unknown risks, uncertainties and other factors, which may cause actual results, performance or achievements of the Company, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements or information. Such statements can be identified by the use of words such as “may”, “would”, “could”, “will”, “intend”, “expect”, “believe”, “plan”, “anticipate”, “estimate”, “scheduled”, “forecast”, “predict” and other similar terminology, or state that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved. These statements reflect the Company’s current expectations regarding future events, performance and results, and speak only as of the date of this announcement.

All such forward-looking information and statements are based on certain assumptions and analyses made by E2M’s management in light of their experience and perception of historical trends, current conditions and expected future developments, as well as other factors management believe are appropriate in the circumstances. These statements, however, are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward looking information or statements including, but not limited to, unexpected changes in laws, rules or regulations, or their enforcement by applicable authorities; the failure of parties to contracts to perform as agreed; changes in commodity prices; unexpected failure or inadequacy of infrastructure, or delays in the development of infrastructure, and the failure of exploration programs or other studies to deliver anticipated results or results that would justify and support continued studies, development or operations.

Readers are cautioned not to place undue reliance on forward-looking information or statements. Although the forward-looking statements contained in this announcement are based upon what management of the Company believes are reasonable assumptions, the Company cannot assure investors that actual results will be consistent with these forward-looking statements. These forward-looking statements are made as of the date of this announcement and are expressly qualified in their entirety by this cautionary statement. Subject to applicable securities laws, the Company does not assume any obligation to update or revise the forwardlooking statements contained herein to reflect events or circumstances occurring after the date of this announcement.

Rio Negro – Target 38 Sample Results E2 Metals Limited • www.e2metals.com.au

ASX Announcement

JORC Code Reporting Criteria Section 1 Sampling Techniques and Data

Criteria	JORC Code Explanation	Commentary
Sampling Techniques	• Nature and quality of sampling(e.g.cut channels, random chips, orspecificspecialized industry standardmeasurement tools appropriate tothe minerals under investigation, suchasdown hole gamma sondes, orhandheldXRF instruments, etc). Theseexamplesshould not be taken as limiting the broadmeaning ofsampling. • Include reference to measurestakento ensure sample representativity and the appropriate calibration ofanymeasurement tools or systems used.	El Rosillo composite rock sampling • Sampling was undertaken on a grid pattern on lines perpendicular to the main trends of quartz veins and veinlets identified during reconnaissance mapping • Lines on the grid were spaced 40m apart and samples taken as composites over intervals of 20m. • Composite sampling over these 20m intervals was done by taking a small representative sample of whatever rock or float material that was encountered every metre with a rope marked with knots at 1m intervals to control this spacing. When there was insufficient material representative of bed-rock at the 1m intervals the geologist walked over the 20m interval collecting float fragments of what was visually estimated to be a representative sample. • A small sample was taken from the central part of each sample interval for spectral analysis by an Orexpress instrument. • Sample locations are determined bya handheld GPS
Drilling Techniques	• Drill type (e.g. core,reverse circulation,open‐hole hammer, rotaryairblast, auger, Bangka, sonic, etc) anddetails (e.g. core diameter, tripleorstandard tube, depth of diamondtails,face‐sampling bit or other type,whethercore is oriented and if so, by what method, etc).	• No drill results are referenced in this announcement
Drill Sample Recovery	• Method of recording andassessingcore and chip sample recoveriesandresultsassessed. • Measures taken to maximisesamplerecovery and ensurerepresentativenature of thesamples.	• No drill results are referenced in this announcement

Rio Negro – Target 38 Sample Results E2 Metals Limited • www.e2metals.com.au

ASX Announcement

Criteria	JORC Code Explanation	Commentary
	• Whether a relationshipexistsbetween sample recovery and gradeandwhether sample bias may haveoccurreddue to preferential loss/gainof fine/coarsematerial.
• Logging	• Whether core and chip samples havebeen geologically andgeotechnicallylogged to a level of detail tosupportappropriate MineralResource estimation,mining studiesandmetallurgicalstudies.	El Rosillo composite rock sampling Systematic geological logging was undertaken using a hand lens to closely examine the sampled material Data collected includes: • Lithology • Relationship between lithologies. • Alteration extent, nature and intensity. • Oxidation extent, mineralogy and intensity. • Quartz vein types, occurrence, width, textures and any relevant observation. • Structure types, width and measurements of dip and dip direction. • Crucial zones of interest were reviewed later. • Total width of outcrop within the 20m intervals • Estimated total width of veins/veinlets in outcrop • Estimated total width of veins/veinlets in the float material
	• Whether logging is qualitativeorquantitative in nature. Core (orcostean,channel, etc)photography.	El Rosillo composite rock sampling • Both qualitative and quantitative data is collected, though quantitative data is based on visual estimates, as described above.
	• The total length and percentageofthe relevant intersectionslogged.	• 100% of all composite rock chip sample intervals are logged
Sub- Sampling Techniques and Sample Preparation	If core, whether cut or sawn and whether quarter, half or all core taken.	• No drill results are referenced in this announcement
	• If non‐core, whether riffled,tubesampled, rotary split, etc andwhethersampled wet ordry.	El Rosillo composite rock sampling • Samples were collected in plastic bags of approx. 4 kg weight, properly labelled with the sample number.

Rio Negro – Target 38 Sample Results E2 Metals Limited • www.e2metals.com.au

ASX Announcement

Criteria	JORC Code Explanation	Commentary
	• For all sample types, thenature,quality and appropriateness of the sample preparation technique. • Quality control proceduresadoptedfor all sub‐ sampling stages tomaximiserepresentativity 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.	• In the Alex Stewart preparation laboratory facilities samples were dried and crushed until more than 80% is finer than 10 mesh size, then a 600g split is pulverized until 95% is finer than 106 microns. • Sample sizes are considered appropriate. • Field blank samples were inserted every * samples to ensure that the results do not reflect any contamination during the laboratory preparation or analysis process.
Quality of Assay Data and Laboratory Tests	• The nature, qualityandappropriateness of the assayingandlaboratory procedures used and whetherthe technique is considered partialor 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 (e.g. standards, blanks, duplicates, external laboratory checks) and whether acceptable levels of accuracy (i.e. lack of bias) and precision have been established.	El Rosillo composite rock sampling • Standard assay procedures performed by a reputable assay lab (Alex Stewart) were undertaken. Gold assays are by a 50g fire assay with an atomic absorption finish. Silver was read by gravimetry on micro-balance. • No geophysical tools were used in the determination of the assay results. All assay results were generated by an independent third-party laboratory as described above. • Field blank samples were inserted into the sequence
Verification of sampling and assaying	• The verification ofsignificantintersections by either independentoralternative companypersonnel. • 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.	El Rosillo composite rock sampling • The raw assay data forming significant intercepts are examined and discussed by at least two company personnel. • Sample data has been collected in digital form in the field, directly as MapInfo tables with careful verification by several staff, particularly of the sample numbers and sample intervals.

Rio Negro – Target 38 Sample Results E2 Metals Limited • www.e2metals.com.au

ASX Announcement

Criteria	JORC Code Explanation	Commentary
		• Assay data is provided by Alex Stewart in three formats, csv spreadsheets, Excel spreadsheets and signed pdf files. The csv files are used to merge the data into MapInfo files.
Location of Data Points	• Accuracy and quality of surveysusedto locate drill holes (collar anddown‐holesurveys), trenches, mine workingsand other locations used inMineral Resourceestimation. • Specification of the gridsystem used. • Quality and adequacy oftopographic control.	El Rosillo composite rock sampling • X, Y and Z coordinates were recorded during the gridding phase in the UTM projection for zone 19 South with the WGS84 datum. • The beginning of each sample interval was measured using the GPS contained within the instrument used for data recording (Samsung Galaxy S6 tablet???) accurate to ±5m. • Topographic control to date has used GPS data, which is adequate considering the small relief (<50m) in the area and early stage of this exploration.
Data Spacing and Distribution	• Data spacing for reportingofExplorationResults. • Whether the data spacinganddistribution is sufficient to establishthedegree of geological and gradecontinuityappropriate for the Mineral ResourceandOre Reserve estimation procedure(s) andclassificationsapplied. • Whether sample compositing has been applied.	El Rosillo composite rock sampling • Lines of composite samples were orientated to cross the interpreted mineralized veins and veinlets at a high angle in a horizontal sense. • Rock chip samples are 20m composites of all representative outcrop and float material on the sample line.
Orientation of Data in Relation to Geological Structure	• Whether the orientation ofsamplingachieves unbiased sampling ofpossiblestructures and the extent to which thisisknown, considering the deposittype. • If the relationship betweenthedrilling orientation and the orientationofkey mineralized structures is consideredto have introduced a sampling bias,this should be assessed and reportedif material.	El Rosillo composite rock sampling • Lines of composite samples were orientated to cross the interpreted mineralized veins and veinlets at a high angle in a horizontal sense.
Sample Security	• The measures taken toensuresamplesecurity.	El Rosillo composite rock sampling • Chain of custody was managed by E2Metals. Samples were placed into taped polyethylene bags with sample numbers that provided no specific information on the location of the samples. Samples were transported from site to Neuquén by a hired contractor from where they were transported to Mendoza by a cargo

Rio Negro – Target 38 Sample Results E2 Metals Limited • www.e2metals.com.au

ASX Announcement

Criteria	JORC Code Explanation	Commentary
		service to Mendoza where preparation and final analysis was undertaken by Alex Stewart.
Audits or Reviews	• The results of any audits orreviewsof sampling techniques anddata.	• No audit or review of the sampling regime at Rosillo has been undertaken.

Section 2 Reporting of Exploration


Criteria	JORC Code Explanation	Commentary

Mineral Tenement and Land Tenure Status	• Type, referencename/number,location and ownershipincluding agreements or material issueswiththird parties such as joint ventures,partnerships, overridingroyalties,native title interests, historicalsites,wilderness or national parkandenvironmental settings. • The security of the tenure held at the time of reporting along with any known impediments to obtaining a license to operate in the area.	El Rosillo comprises one title (42048/17) totaling 9713Ha. The title is held by private Argentinean company Valcheta Exploraciones SA. The title is subject to an Option to Purchase Agreement whereby E2 can acquire 100% of the title for U$150k in E2 shares and cash. •
Exploration Done by Other Parties	• Acknowledgment andappraisalof exploration by otherparties.	Reconnaissance exploration by Valcheta • Valcheta has completed a limited phase of selective rock chip sampling at the El Rosillo project. This work led to the identification of Intrusion Related Gold- type mineralisation at Targets 37 and 38.
Geology	• Deposit type, geologicalsettingand style ofmineralisation.	Rio Negro Geology and Deposit Model • Rosillo is located towards the western margin of the Somun Cura Massif geological province that stretches across southern Argentina into the Chilean southern Andes. • Important precious metal deposits have been

Rio Negro – Target 38 Sample Results E2 Metals Limited • www.e2metals.com.au

ASX Announcement


Criteria	JORC Code Explanation	Commentary

		discovered in the province during the past 20 years. Gold and silver mineralisation is associated with Low Sulphidation (LS) Epithermal veins in northwesterly structures that were active at the time of mineralisation.
Drill Hole Information	• A summary of allinformationmaterial to the understanding ofthe exploration results includingatabulation of thefollowing information for all Material drillholes: • 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 this is the case.	• No drill results are referenced in this announcement
Data Aggregation Methods	• In reporting ExplorationResults,weighting averagingtechniques, maximum and/or minimumgradetruncations (e.g. cutting of high grades)and cut‐off grades areusuallyMaterial and should bestated. • 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 foranyreporting of metal equivalentvalues should be clearlystated.	• Mineralised intervals for composite rock samples have been calculated using a 0.5gpt Au cut off. Gold grades are the weighted average grade of that interval

Rio Negro – Target 38 Sample Results E2 Metals Limited • www.e2metals.com.au

ASX Announcement


Criteria	JORC Code Explanation	Commentary

Relationship Between Mineralisation Widths and intercept lengths.	• These relationshipsare particularlyimportant in thereportingof ExplorationResults. • 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”).	Drilling and possible trenching is planned to determine true widths of gold mineralisation at Target 37
Diagrams	• Appropriate maps andsections(with scales) and tabulationsof intercepts should be included foranysignificant discovery being reportedThese should include, but notbelimited to a plan view of drillholecollar locations andappropriatesectionalviews.	Yes.
Balanced Reporting	• Where comprehensivereportingof all Exploration Results isnot practicable, representativereportingof both low and high grades and/orwidths should be practiced toavoidmisleading reporting of Exploration Results.	Yes
Other Substantive Exploration Data	• Other exploration data,ifmeaningful and material, shouldbe reported including (but notlimitedto): geologicalobservations; geophysical surveyresults;geochemical survey results;bulksamples – size and methodoftreatment; metallurgical testresults;bulk density,groundwater,geotechnical and rockcharacteristics; potential deleteriousor contaminating substances.	There is no “other” exploration data to report
Further Work	• The nature and scale ofplannedfurther work (e.g. tests forlateral extensions or depth extensionsorlarge‐scale step‐outdrilling). • Diagrams clearly highlightingtheareas of possible extensions, includingthe main geologicalinterpretationsand future drilling areas, providedthisinformation is notcommercially sensitive.	Scout Reverse Circulation (RC) drilling is planned subject to the receipt of statutory environmental and drill permits

Rio Negro – Target 38 Sample Results E2 Metals Limited • www.e2metals.com.au 46

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UNICO SILVER LIMITED Capital/Financing Update 2021

65986_rns_2021-07-07_61a413bf-43b1-4351-b0c8-53449c54c2c9.pdf

Rio Negro – Target 38 Sampling Results

Highlights

80m at 2.2gpt Au 40m at 2.8gpt Au 80m at 1.3gpt Au 100m at 1gpt Au

Composite Rock Chip Sampling

Introduction

Target 38 Results

Schematic mineralisation model

Comments on the results

Next Steps

El Rosillo

Regional

This announcement is authorised for release to the market by the Board of Directors of E2 Metals Limited.

Competent Person’s Statement

Forward Looking Statement

JORC Code Reporting Criteria Section 1 Sampling Techniques and Data

Section 2 Reporting of Exploration

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UNICO SILVER LIMITED — Capital/Financing Update 2021

65986_rns_2021-07-07_61a413bf-43b1-4351-b0c8-53449c54c2c9.pdf

Rio Negro – Target 38 Sampling Results

Highlights

80m at 2.2gpt Au 40m at 2.8gpt Au 80m at 1.3gpt Au 100m at 1gpt Au

Composite Rock Chip Sampling

Introduction

Target 38 Results

Schematic mineralisation model

Comments on the results

Next Steps

El Rosillo

Regional

This announcement is authorised for release to the market by the Board of Directors of E2 Metals Limited.

Competent Person’s Statement

Forward Looking Statement

JORC Code Reporting Criteria Section 1 Sampling Techniques and Data

Section 2 Reporting of Exploration

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