Rodburn Ni-Cu-Co Project

Project

2023 Drill Results

Mineral Resource Estimate

Cross Sections

Geochemical / Geophysical Anomalies

2023 Drill Results

2023 Drilling Results

Hole ID	From (m)	Length (m)	Ni (%)	Cu (%)	Co (ppm)	% NiEq
RBD001	40.52	12.48	0.63	0.54	403	0.88
incl.	45.00	6.00	0.96	0.73	601	1.31
RBD002	50.60	35.40	0.71	0.30	473	0.89
incl.	69.00	17.00	1.16	0.51	769	1.45
RBD003	103.94	14.06	0.34	0.40	242	0.52
incl.	114.00	4.00	0.69	0.66	484	1.00
RBD004	112.00	12.26	1.02	0.83	633	1.41
incl.	118.29	5.97	1.92	1.50	1197	2.63
RBD008	161.00	2.00	0.48	0.24	280	0.61
and	186.00	2.00	0.92	0.27	535	1.09
RBD009	51.60	13.79	1.39	0.53	728	1.69
incl.	60.00	5.39	2.04	0.56	1013	2.39
RBD013	33.00	1.00	1.14	0.59	450	1.42
and	119.00	1.00	0.47	0.14	100	0.53
RBD014	177.00	1.00	0.75	0.15	239	0.84
RBD015	36.00	33.00	0.45	0.16	237	0.54
RBD016	56.00	1.00	1.26	0.24	1057	1.50
and	62.00	27.00	0.47	0.30	433	0.64
incl.	74.00	9.00	1.13	0.73	1056	1.54
RBD018	100.00	2.00	1.54	0.93	735	1.98

2023 MRE Drilling

RBD002: Massive, semi-massive & disseminated sulphide:
17.0m @ 1.16% Ni, 0.51% Cu, 0.08% Co, (1.45% NiEq)

RBD004: 75m down-dip of RBD002. 12.2m @ 1.41% NiEq
Inc. 5.97m @ 1.92% Ni, 1.5% Cu, 0.12% Co (2.63% NiEq)

RBD009: 13.79m @ 1.39% Ni, 0.53% Cu, 0.08% Co from 51.6m depth (1.7% NiEq)
incl. 5.4m @ 2.04% Ni, 0.56% Cu, 0.10% Co from 60m (2.4% NiEq)
60m step out into main high-grade shoot zone; shallow, open down-dip and along strike NE

Mineral Resource Estimate

Mineral Resource Information

February 2024 Mineral Resource Estimate

	Million Tonnes	Ni (%)	Cu (%)	Co* (ppm)	% NiEq**
Global	4.3	0.54	0.28	364	0.72
Incl.	2.9	0.67	0.35	457	0.90

*Co underreported as only PNL holes were assayed for Co, historical intersections used in resource have no Co assays
** $/t or % NiEq calculated by the independent QP signing off on the resource based on PNL’s 2023 drilling used $19,000/t Ni, $8,500/t Cu, $28,000/t Co, using the formula Ni% + (0.447 x Cu%) + (1.474 x Co%).

South Zone – 3D View Looking SE

Wireframe outline from PNL Resource (Feb 2024)
Old EVL Holes (blue);
2023 PNL holes (brown);

New 2024 PNL holes confirm depth extent and extend resource area SW (black).
Resource remains open in all directions.
Only drilled to 190m vertical depth.

South Zone Block Model – High-Grade Shoot

Cross Sections

Geochemical / Geophysical Anomalies

2023 Drilling Results

February 2024 Mineral Resource Estimate

South Zone – 3D View Looking SE

South Zone Block Model – High-Grade Shoot

Section A – A’ Showing North & South Zones

Section A – B (South Zone)

Section C – D (North Zone)

Potential to Significantly Increase the MRE