ASX Announcements

Highlights:

• Phase 1 RC drilling program at the Windalah Prospect intersects broad sulphide-rich zone with highly elevated VMS pathfinder minerals
• DDIP survey identifies coincident geophysical anomaly at depth
• Highest copper results include: – 2m @ 0.23% Cu from 132m in BBRC063, and 4m @ 0.12% Cu from 136m in BBRC064
• Results indicate latest drilling is closer to a potential copper-gold source
• Phase 2 (diamond core) drilling to test depth extensions at Windalah Prospect to commence in coming weeks

HIGHLIGHTS:

• OM (Manganese) Limited (OMM) has completed funding Tranche 3 ($500,000) expenditure on the Bryah Basin Manganese Joint Venture (BBMJV)
• OMM commits to fund Tranche 4 ($500,000) to increase its JV interest to 51%
• Exploration completed to date under the BBMJV has identified significant manganese mineralisation at the Horseshoe South Manganese Mine, Brumby Creek and Black Hill Prospects
• Tranche 4 funds will be used for resource and reconnaissance drilling, mineral resource estimation and beneficiation testwork.