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ALL Atlantic Lithium Limited

19.52
0.52 (2.74%)
17 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Atlantic Lithium Limited LSE:ALL London Ordinary Share AU0000237554 ORD NPV (DI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.52 2.74% 19.52 19.66 19.80 19.80 19.00 19.02 1,435,292 16:35:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Iron Ores 0 -12.19M -0.0200 -9.83 119.78M

Atlantic Lithium Limited Final Assay Results and New High-Grade pegmatites (5133M)

12/01/2023 7:00am

UK Regulatory


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TIDMALL

RNS Number : 5133M

Atlantic Lithium Limited

12 January 2023

12 January 2023

Final Resource Drilling Results Received

New Mineralised Pegmatites Confirmed

Ewoyaa Lithium Project Ghana, West Africa

Atlantic Lithium Limited (AIM: ALL, OTC: ALLIF, ASX: A11 "Atlantic Lithium" or the "Company"), the funded African-focussed lithium exploration and development company targeting to deliver Ghana's first lithium mine, is pleased to announce final assay results from the resource and exploration drilling programme completed at the Ewoyaa Lithium Project ("Ewoyaa" or the "Project") in Ghana, West Africa .

HIGHLIGHTS:

Ø Final assay results received for a further 10,052m of exploration and infill diamond core ("DD") drilling and reverse circulation ("RC") drilling completed at the Ewoyaa Project, part of the now completed resource evaluation and exploration RC and DD programme.

Ø Newly reported assay results confirm new mineralised pegmatites at the Grasscutter North, Kaampakrom North and Assan targets, outside the currently defined 30.1Mt @ 1.26% Li(2) O Ewoyaa JORC (2012) Compliant Mineral Resource Estimate ("MRE" or the "Resource").

Ø Multiple high-grade drill intersections reported at the Kaampakrom North, Grasscutter North, Anokyi and Grasscutter West targets, including highlights of:

o GRC0825: 36m at 1.23% Li(2) O from 42m

o GDD0102A: 22.2m at 1.62% Li(2) O from 73.3m

o GRC0837: 20m at 1.6% Li(2) O from 44m

o GDD0103: 15.1m at 1.24% Li(2) O from 55.4m

o GRC0842: 12m at 1.55% Li(2) O from 93m

o GRC0839: 13m at 1.35% Li(2) O from 99m

o GRC0850: 12m at 1.24% Li(2) O from 96m

o GRC0341: 12m at 1.03% Li(2) O from 134m

o GRC0844: 7m at 1.69% Li(2) O from 162m

o GRC0872: 8m at 1.48% Li(2) O from 34m

Ø All assay results now reported for the total approximate 47,000m drilling programme completed.

Ø Resource upgrade targeted for Q1 2023; to inform Definitive Feasibility Study ("DFS") targeted for completion mid-2023 .

Ø Recently announced processing plant FEED engineering contract (refer RNS of 13 December 2022) awarded to Primero to optimise the Project's flow sheet, identify long lead items, maximise the Project's long-term profitability, reduce execution risk and ultimately support the advancement of the Project towards becoming a financially and operationally robust lithium-producing mine.

Ø Recently announced Pre-Feasibility Study (refer RNS of 22 September 2022) delivers exceptional financial outcomes for a 2Mtpa operation, producing an average c. 255,000tpa of 6% Li(2) O spodumene concentrate ("SC6") over a 12.5-year operation:

o LOM revenues exceeding US$4.84bn, Post-tax NPV(8) of US$1.33bn, IRR of 224% over 12.5 years

o US$125m capital cost with industry-leading payback period of <5 months

o C1 cash operating costs of US$278 per tonne of 6% lithium spodumene concentrate Free on Board ("FOB") Ghana Port, after by-product credits

o Average Life of Mine ("LOM") EBITDA of US$248m per annum

o 18.9Mt at 1.24% Li(2) O Maiden Ore Reserve

o Average annualised US$1,359/dry metric tonne SC6 pricing used

Commenting on the Company's latest progress, Lennard Kolff, Interim Chief Executive Officer of Atlantic Lithium, said:

"Drilling continues to deliver high-grade drill intersections outside the current MRE.

"This last batch of results has delivered multiple near-surface drill intersections in new pegmatites defined outside of the resource footprint at the Kaampakrom North and Grasscutter North targets including highlights of 36m at 1.23% Li(2) O from 42m and 20m at 1.62% Li(2) O from 44m.

"Drilling has also returned high-grade, near-surface results at the Assan target approximately 3km north-east of the northern-most current pit design including highlights of 6m at 1.49% Li(2) O from 66m and 6m at 1.44% Li(2) O from 45m, demonstrating further potential within the mineralised pegmatite swarm.

"We have now reported all assay results for the approximate 47,000m drilling programme, with a Resource upgrade targeted for Q1 2023 and a DFS targeted for completion mid-2023.

" W ith the Pre-Feasibility Study delivered, the Mining Licence application submitted, the FEED engineering contract awarded and the funding agreement with our partner Piedmont Lithium in place, we feel the Company is ideally positioned to benefit from the ongoing lithium demand expected over the coming years."

New Drilling Results:

All remaining assay results have been received for an additional 10,052m of RC and DD drilling from the completed drill programme at the Ewoyaa Project. Multiple high-grade drill intersections are reported for exploration drilling results outside of the currently defined Resource at the Kaampakrom North, Grasscutter North and Assan targets as well as infill and metallurgical holes within the current MRE (refer Table 1, Appendix 1 and Appendix 2 ).

Table 1: Drill intersection highlights at greater than 8 Li x m, reported at a 0.4% Li(2) O cut-off and maximum of 4m of internal dilution.

 
 Hole        Target           Deposit        From   To m   Interval m   Hole depth    assay    Intersection   metal 
  ID                                          m                         m              Li(2)                   content 
                                                                                       O                       Li 
                                                                                       %                       x m 
                                                                                               GRC0825: 36m 
                                                                                               at 
                                                                                               1.23% Li2O 
             Exploration      Kaampakrom                                                       from 
 GRC0825      drilling         N             42     78     36.0         120           1.23     42m            44.28 
            ---------------  -------------  -----  -----  -----------  ------------  -------  -------------  --------- 
                                                                                               GDD0102A: 
                                                                                               22.2m 
                                                                                               at 1.62% 
             Metallurgical    Kaampakrom                                                       Li2O 
 GDD0102A     Drilling         W             73.3   95.5   22.2         150.3         1.62     from 73.3m     35.96 
            ---------------  -------------  -----  -----  -----------  ------------  -------  -------------  --------- 
                                                                                               GRC0837: 20m 
                                                                                               at 
                                                                                               1.6% Li2O 
             Exploration      Grasscutter                                                      from 
 GRC0837      Drilling         N             44     64     20.0         90            1.59     44m            31.86 
            ---------------  -------------  -----  -----  -----------  ------------  -------  -------------  --------- 
                                                                                               GDD0103: 
                                                                                               15.1m 
                                                                                               at 1.24% 
             Metallurgical    Grasscutter                                                      Li2O 
 GDD0103      Drilling         W             55.4   70.5   15.1         120.4         1.24     from 55.4m     18.72 
            ---------------  -------------  -----  -----  -----------  ------------  -------  -------------  --------- 
                                                                                               GRC0842: 12m 
                                                                                               at 
                                                                                               1.55% Li2O 
             Exploration      Grasscutter                                                      from 
 GRC0842      Drilling         N             93     105    12.0         125           1.55     93m            18.59 
            ---------------  -------------  -----  -----  -----------  ------------  -------  -------------  --------- 
                                                                                               GRC0839: 13m 
                                                                                               at 
                                                                                               1.35% Li2O 
             Exploration      Grasscutter                                                      from 
 GRC0839      Drilling         N             99     112    13.0         140           1.34     99m            17.46 
            ---------------  -------------  -----  -----  -----------  ------------  -------  -------------  --------- 
                                                                                               GRC0850: 12m 
                                                                                               at 
                                                                                               1.24% Li2O 
             Exploration      Grasscutter                                                      from 
 GRC0850      Drilling         N             96     108    12.0         199           1.24     96m            14.83 
            ---------------  -------------  -----  -----  -----------  ------------  -------  -------------  --------- 
                                                                                               GRC0341: 12m 
                                                                                               at 
                                                                                               1.03% Li2O 
                                                                                               from 
 GRC0341     IND re-entry     Anokyi         134    146    12           170           1.03     134m           12.35 
            ---------------  -------------  -----  -----  -----------  ------------  -------  -------------  --------- 
                                                                                               GRC0844: 7m 
                                                                                               at 
                                                                                               1.69% Li2O 
             Exploration      Grasscutter                                                      from 
 GRC0844      Drilling         N             162    169    7.0          220           1.68     162m           11.79 
            ---------------  -------------  -----  -----  -----------  ------------  -------  -------------  --------- 
                                                                                               GRC0872: 8m 
                                                                                               at 
                                                                                               1.48% Li2O 
                                                                                               from 
 GRC0872     EXPL             Kaampakrom     34     42     8.00         70.00         1.47     34m            11.77 
            ---------------  -------------  -----  -----  -----------  ------------  -------  -------------  --------- 
                                                                                               GRC0843: 14m 
                                                                                               at 
                                                                                               0.77% Li2O 
             Exploration      Grasscutter                                                      from 
 GRC0843      Drilling         N             132    146    14.0         162           0.77     132m           10.73 
            ---------------  -------------  -----  -----  -----------  ------------  -------  -------------  --------- 
                                                                                               GRC0848: 9m 
                                                                                               at 
                                                                                               1.03% Li2O 
             Exploration      Grasscutter                                                      from 
 GRC0848      Drilling         N             137    146    9.0          166           1.03     137m           9.26 
            ---------------  -------------  -----  -----  -----------  ------------  -------  -------------  --------- 
                                                                                               GRC0856: 6m 
                                                                                               at 
                                                                                               1.49% Li2O 
             Exploration                                                                       from 
 GRC0856      Drilling        Assan          66     72     6.0          88            1.48     66m            8.90 
            ---------------  -------------  -----  -----  -----------  ------------  -------  -------------  --------- 
                                                                                               GRC0465: 8m 
                                                                                               at 
                                                                                               1.1% Li2O 
                                                                                               from 
 GRC0465     IND re-entry     Anokyi         129    137    8.00         168.00        1.09     129m           8.75 
            ---------------  -------------  -----  -----  -----------  ------------  -------  -------------  --------- 
                                                                                               GRC0853: 6m 
                                                                                               at 
                                                                                               1.44% Li2O 
             Exploration                                                                       from 
 GRC0853      Drilling        Assan          45     51     6.0          100           1.44     45m            8.64 
            ---------------  -------------  -----  -----  -----------  ------------  -------  -------------  --------- 
                                                                                               GRC0854: 6m 
                                                                                               at 
                                                                                               1.34% Li2O 
             Exploration                                                                       from 
 GRC0854      Drilling        Assan          73     79     6.0          114           1.34     73m            8.01 
            ---------------  -------------  -----  -----  -----------  ------------  -------  -------------  --------- 
 

Exploration drilling results fall outside the current 30.1Mt at 1.26% Li(2) O Resource on newly defined pegmatites at the Kaampakrom North, Grasscutter North and Assan targets and demonstrates further resource scale potential at the Ewoyaa Project (refer Figure 1, Figure 2 and Figure 3 ).

Exploration drilling results confirm near-surface mineralisation on newly defined pegmatites within trucking distance of the currently defined mine design. Furthermore, new drilling results demonstrate a further 3km strike extension of prospective lithium pegmatite vein swarms towards the north-east of the current project footprint (refer Figure 1 ).

Sample preparation was completed by Intertek Ghana and assay by Intertek Perth with all reported results passing QA/QC protocols, providing confidence in reported results.

Figure 1: Location of reported assay results with highlight drill intersections.

Figure 2: Cross-section A-A' showing assay results received for GRC0825 and GRC0823 at the Kaampakrom North target.

Figure 3: Cross-section B-B' assay results received for GRC0837 and GRC0839 at the Grasscutter North target.

Competent Persons

Information in this report relating to the exploration results is based on data reviewed by Mr Lennard Kolff (MEcon. Geol., BSc. Hons ARSM), Chief Geologist of the Company. Mr Kolff is a Member of the Australian Institute of Geoscientists who has in excess of 20 years' experience in mineral exploration and is a Qualified Person under the AIM Rules. Mr Kolff consents to the inclusion of the information in the form and context in which it appears.

Information in this report relating to Mineral Resources was compiled by Shaun Searle, a Member of the Australian Institute of Geoscientists. Mr Searle has sufficient experience that is relevant to the style of mineralisation and type of deposit under consideration and to the activity being undertaken to qualify as a Competent Person as defined in the 2012 Edition of the 'Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves'. Mr Searle is a director of Ashmore. Ashmore and the Competent Person are independent of the Company and other than being paid fees for services in compiling this report, neither has any financial interest (direct or contingent) in the Company. Mr Searle consents to the inclusion in the report of the matters based upon the information in the form and context in which it appears.

The reported Ore Reserves have been compiled by Mr Harry Warries. Mr Warries is a Fellow of the Australasian Institute of Mining and Metallurgy and an employee of Mining Focus Consultants Pty Ltd. He has sufficient experience, relevant to the style of mineralisation and type of deposit under consideration and to the activity he is undertaking, to qualify as a Competent Person as defined in the 'Australasian Code for Reporting of Mineral Resources and Ore Reserves' of December 2012 ("JORC Code") as prepared by the Joint Ore Reserves Committee of the Australasian Institute of Mining and Metallurgy, the Australian Institute of Geoscientists and the Minerals Council of Australia. Mr Warries gives Atlantic Lithium Limited consent to use this reserve estimate in reports.

This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) 596/2014 as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018 ("MAR"), and is disclosed in accordance with the Company's obligations under Article 17 of MAR.

For any further information, please contact:

 
Atlantic Lithium Limited                      Tel: +61 2 8072 0640 
 Lennard Kolff (Interim CEO) 
 Amanda Harsas (Finance Director and Company 
 Secretary) 
 www.atlanticlithium.com.au 
atlantic@yellowjerseypr.com 
SP Angel Corporate Finance LLP                Tel: +44 (0)20 3470 0470 
 Nominated Adviser 
 Jeff Keating 
 Charlie Bouverat 
 
  Canaccord Genuity Limited                     Tel: +44 (0) 20 7523 4500 
  Joint Company Broker 
  Raj Khatri 
  James Asensio 
  Harry Rees 
 
  Liberum Capital Limited                       Tel: +44 (0) 20 3100 2000 
  Joint Company Broker 
  Scott Mathieson 
  Edward Thomas 
  Kane Collings 
 
Yellow Jersey PR Limited                      Tel: +44 (0)20 3004 9512 
 Henry Wilkinson 
 Charles Goodwin 
 Bessie Elliot 
 

Notes to Editors:

About Atlantic Lithium

www.atlanticlithium.com.au

Atlantic Lithium (formerly "IronRidge Resources") is an AIM and ASX-listed lithium company advancing a portfolio of lithium projects in Ghana and Côte d'Ivoire through to production.

The Company's flagship project, the Ewoyaa Project in Ghana, is a significant lithium spodumene pegmatite discovery on track to become Ghana's first lithium-producing mine. The Company signed a funding agreement with Piedmont Lithium Inc. for US$103m towards the development of the Ewoyaa Project. Based on the Pre-Feasibility Study, the Ewoyaa Project has indicated Life of Mine revenues exceeding US$4.84bn, producing a spodumene concentrate via simple gravity only process flowsheet.

Atlantic Lithium holds 560km(2) & 774km(2) of tenure across Ghana and Côte d'Ivoire respectively, comprising significantly under-explored, highly prospective licenses.

Appendix 1 - New drill intersections reported in hole ID order, reported at a 0.4% Li(2) O cut-off and maximum 4m of internal dilution.

 
 Hole        Target      Deposit        From   To       Interval   Hole     Assay   Intersection    Comment       metal 
  ID                                     m      m        m          depth   Li2O%                                 content 
                                                                    m                                             Li x 
                                                                                                                  m 
                                                                                    GRC0825: 36m 
                                                                                    at 1.23% Li2O 
 GRC0825     EXPL        Kaampakrom     42     78       36.0       120.0    1.23    from 42m                      44.28 
            ----------  -------------  -----  -------  ---------  -------  ------  --------------  ------------  -------- 
                                                                                    GDD0102A: 
                                                                                    22.2m at 
                                                                                    1.62% 
                         Kaampakrom                                                 Li2O from 
 GDD0102A    MET          W             73.3   95.5     22.2       150.3    1.62    73.3m                         35.96 
            ----------  -------------  -----  -------  ---------  -------  ------  --------------  ------------  -------- 
                                                                                    GRC0837: 20m 
                         Grasscutter                                                 at 1.6% Li2O 
 GRC0837     EXPL         N             44     64       20.0       90.0     1.59     from 44m                     31.86 
            ----------  -------------  -----  -------  ---------  -------  ------  --------------  ------------  -------- 
                                                                                    GDD0103: 
                                                                                    15.1m 
                         Grasscutter                                                at 1.24% Li2O 
 GDD0103     MET          W             55.4   70.5     15.1       120.4    1.24    from 55.4m                    18.72 
            ----------  -------------  -----  -------  ---------  -------  ------  --------------  ------------  -------- 
                                                                                    GRC0842: 12m 
                         Grasscutter                                                at 1.55% Li2O 
 GRC0842     EXPL         N             93     105      12.0       125.0    1.55    from 93m                      18.59 
            ----------  -------------  -----  -------  ---------  -------  ------  --------------  ------------  -------- 
                                                                                    GRC0839: 13m 
                         Grasscutter                                                at 1.35% Li2O 
 GRC0839     EXPL         N             99     112      13.0       140.0    1.34    from 99m                      17.46 
            ----------  -------------  -----  -------  ---------  -------  ------  --------------  ------------  -------- 
                                                                                    GRC0850: 12m 
                         Grasscutter                                                at 1.24% Li2O 
 GRC0850     EXPL         N             96     108      12.0       199.0    1.24    from 96m                      14.83 
            ----------  -------------  -----  -------  ---------  -------  ------  --------------  ------------  -------- 
                                                                                    GRC0341: 12m 
             IND                                                                    at 1.03% Li2O 
 GRC0341      re-entry   Anokyi         134    146      12         170.00   1.03    from 134m                     12.35 
            ----------  -------------  -----  -------  ---------  -------  ------  --------------  ------------  -------- 
                                                                                    GRC0844: 7m 
                         Grasscutter                                                at 1.69% Li2O 
 GRC0844     EXPL         N             162    169      7.0        220.0    1.68    from 162m                     11.79 
            ----------  -------------  -----  -------  ---------  -------  ------  --------------  ------------  -------- 
                                                                                    GRC0872: 8m 
                                                                                    at 1.48% Li2O 
 GRC0872     EXPL        Kaampakrom     34     42       8.00       70.00    1.47    from 34m                      11.77 
            ----------  -------------  -----  -------  ---------  -------  ------  --------------  ------------  -------- 
                                                                                    GRC0843: 14m 
                         Grasscutter                                                at 0.77% Li2O 
 GRC0843     EXPL         N             132    146      14.0       162.0    0.77    from 132m                     10.73 
            ----------  -------------  -----  -------  ---------  -------  ------  --------------  ------------  -------- 
                                                                                    GRC0848: 9m 
                         Grasscutter                                                at 1.03% Li2O 
 GRC0848     EXPL         N             137    146      9.0        166.0    1.03    from 137m                     9.26 
            ----------  -------------  -----  -------  ---------  -------  ------  --------------  ------------  -------- 
                                                                                    GRC0856: 6m 
                                                                                    at 1.49% Li2O 
 GRC0856     EXPL        Assan          66     72       6.0        88.0     1.48    from 66m                      8.90 
            ----------  -------------  -----  -------  ---------  -------  ------  --------------  ------------  -------- 
                                                                                    GRC0465: 8m 
             IND                                                                     at 1.1% Li2O 
 GRC0465      re-entry   Anokyi         129    137      8.00       168.00   1.09     from 129m                    8.75 
            ----------  -------------  -----  -------  ---------  -------  ------  --------------  ------------  -------- 
                                                                                    GRC0853: 6m 
                                                                                    at 1.44% Li2O 
 GRC0853     EXPL        Assan          45     51       6.0        100.0    1.44    from 45m                      8.64 
            ----------  -------------  -----  -------  ---------  -------  ------  --------------  ------------  -------- 
                                                                                    GRC0854: 6m 
                                                                                    at 1.34% Li2O 
 GRC0854     EXPL        Assan          73     79       6.0        114.0    1.34    from 73m                      8.01 
            ----------  -------------  -----  -------  ---------  -------  ------  --------------  ------------  -------- 
                                                                                    GDD0100: 
                                                                                    11.9m 
                                                                                    at 0.66% Li2O 
 GDD0100     MET         Ewoyaa         85.4   97.3     11.9       140.2    0.66    from 85.4m                    7.85 
            ----------  -------------  -----  -------  ---------  -------  ------  --------------  ------------  -------- 
                                                                                    GRC0828: 8m 
                         Grasscutter                                                at 0.95% Li2O 
 GRC0828     EXPL         N             44     52       8.0        90.0     0.95    from 44m                      7.60 
            ----------  -------------  -----  -------  ---------  -------  ------  --------------  ------------  -------- 
                                                                                    GRC0843: 6m 
                         Grasscutter                                                at 1.24% Li2O 
 GRC0843     EXPL         N             67     73       6.0        162.0    1.24    from 67m                      7.41 
            ----------  -------------  -----  -------  ---------  -------  ------  --------------  ------------  -------- 
                                                                                    GRC0855: 5m 
                                                                                    at 1.42% Li2O 
 GRC0855     EXPL        Assan          29     34       5.0        50.0     1.41    from 29m                      7.06 
            ----------  -------------  -----  -------  ---------  -------  ------  --------------  ------------  -------- 
                                                                                    GRC0867: 5m 
                                                                                    at 1.39% Li2O   weathered 
 GRC0867     IND         Ewoyaa         38     43       5.00       80.00    1.39    from 38m         pegmatite    6.94 
            ----------  -------------  -----  -------  ---------  -------  ------  --------------  ------------  -------- 
                                                                                    GRC0869: 4m 
                                                                                     at 1.7% Li2O 
 GRC0869     IND         Ewoyaa         69     73       4.00       89.00    1.70     from 69m                     6.79 
            ----------  -------------  -----  -------  ---------  -------  ------  --------------  ------------  -------- 
                                                                                    GRC0570: 4m 
             IND                                                                    at 1.65% Li2O 
 GRC0570      re-entry   Anokyi         224    228      4.00       250.00   1.65    from 224m                     6.58 
            ----------  -------------  -----  -------  ---------  -------  ------  --------------  ------------  -------- 
                                                                                    GDD0100: 6.7m 
                                                                                    at 0.94% Li2O 
 GDD0100     MET         Ewoyaa         26.3   33       6.7        140.2    0.94    from 26.3m                    6.30 
            ----------  -------------  -----  -------  ---------  -------  ------  --------------  ------------  -------- 
                                                                                    GRC0830: 6m 
                         Grasscutter                                                at 1.04% Li2O 
 GRC0830     EXPL         N             86     92       6.0        128.0    1.04    from 86m                      6.23 
            ----------  -------------  -----  -------  ---------  -------  ------  --------------  ------------  -------- 
                                                                                    GRC0817: 6m 
                                                                                    at 1.01% Li2O 
 GRC0817     IND         Kaampakrom     57     63       6.0        110.0    1.00    from 57m                      6.01 
            ----------  -------------  -----  -------  ---------  -------  ------  --------------  ------------  -------- 
                                                                                    GRC0824: 5m 
                                                                                    at 1.17% Li2O 
 GRC0824     IND         Kaampakrom     62     67       5.0        110.0    1.17    from 62m                      5.85 
            ----------  -------------  -----  -------  ---------  -------  ------  --------------  ------------  -------- 
                                                                                    GRC0866: 4m 
                                                                                     at 1.4% Li2O 
 GRC0866     IND         Ewoyaa         62     66       4.00       82.00    1.40     from 62m                     5.59 
            ----------  -------------  -----  -------  ---------  -------  ------  --------------  ------------  -------- 
                                                                                    GRC0840: 3m 
                                                                                    at 1.73% Li2O 
 GRC0840     IND         Ewoyaa         60     63       3.0        90.0     1.73    from 60m                      5.18 
            ----------  -------------  -----  -------  ---------  -------  ------  --------------  ------------  -------- 
                                                                                    GDD0100: 7.2m 
                                                                                    at 0.62% Li2O 
 GDD0100     MET         Ewoyaa         36.8   44       7.2        140.2    0.62    from 36.8m                    4.46 
            ----------  -------------  -----  -------  ---------  -------  ------  --------------  ------------  -------- 
                                                                                    GRC0882: 4m 
                                                                                    at 1.04% Li2O 
 GRC0882     EXPL        Kaampakrom     98     102      4.00       125.00   1.04    from 98m                      4.16 
            ----------  -------------  -----  -------  ---------  -------  ------  --------------  ------------  -------- 
                                                                                    GRC0874: 4m 
                                                                                     at 1% Li2O 
 GRC0874     EXPL        Kaampakrom     82     86       4.00       102.00   1.00     from 82m                     3.99 
            ----------  -------------  -----  -------  ---------  -------  ------  --------------  ------------  -------- 
                                                                                    GRC0875: 3m 
                                                                                    at 1.29% Li2O 
 GRC0875     EXPL        Kaampakrom     54     57       3.00       74.00    1.28    from 54m                      3.85 
            ----------  -------------  -----  -------  ---------  -------  ------  --------------  ------------  -------- 
                                                                                    GRC0870: 3m 
                                                                                    at 1.26% Li2O 
 GRC0870     IND         Ewoyaa         75     78       3.00       200.00   1.26    from 75m                      3.77 
            ----------  -------------  -----  -------  ---------  -------  ------  --------------  ------------  -------- 
                                                                                    GRC0863: 2m 
                                                                                    at 1.62% Li2O 
 GRC0863     IND         Ewoyaa         74     76       2.00       110.00   1.62    from 74m                      3.23 
            ----------  -------------  -----  -------  ---------  -------  ------  --------------  ------------  -------- 
                                                                                    GRC0822: 6m 
                                                                                    at 0.48% Li2O 
 GRC0822     IND         Kaampakrom     28     34       6.0        120.0    0.48    from 28m                      2.88 
            ----------  -------------  -----  -------  ---------  -------  ------  --------------  ------------  -------- 
                                                                                    GRC0852: 5m 
                                                                                    at 0.54% Li2O 
 GRC0852     IND         Ewoyaa         253    258      5.0        310.0    0.53    from 253m                     2.67 
            ----------  -------------  -----  -------  ---------  -------  ------  --------------  ------------  -------- 
                                                                                    GRC0823: 4m 
                                                                                    at 0.67% Li2O 
 GRC0823     IND         Kaampakrom     79     83       4.0        107.0    0.66    from 79m                      2.65 
            ----------  -------------  -----  -------  ---------  -------  ------  --------------  ------------  -------- 
                                                                                    GRC0862: 2m 
                                                                                    at 0.89% Li2O   weathered 
 GRC0862     IND         Ewoyaa         40     42       2.00       80.00    0.89    from 40m         pegmatite    1.77 
            ----------  -------------  -----  -------  ---------  -------  ------  --------------  ------------  -------- 
                                                                                    GRC0852: 2m 
                                                                                    at 0.78% Li2O 
 GRC0852     IND         Ewoyaa         282    284      2.0        310.0    0.78    from 282m                     1.55 
            ----------  -------------  -----  -------  ---------  -------  ------  --------------  ------------  -------- 
                                                                                    GDD0103: 1.3m 
                                                                                    at 1.03% Li2O 
 GDD0103     MET         Ewoyaa         74.2   75.5     1.3        120.4    1.02    from 74.2m                    1.33 
            ----------  -------------  -----  -------  ---------  -------  ------  --------------  ------------  -------- 
                                                                                    GRC0850: 2m 
                                                                                    at 0.63% Li2O 
 GRC0850     IND         Ewoyaa         192    194      2.0        199.0    0.63    from 192m                     1.26 
            ----------  -------------  -----  -------  ---------  -------  ------  --------------  ------------  -------- 
                                                                                    GRC0880: 2m 
                                                                                    at 0.54% Li2O 
 GRC0880     EXPL        Kaampakrom     69     71       2.00       100.00   0.54    from 69m                      1.08 
            ----------  -------------  -----  -------  ---------  -------  ------  --------------  ------------  -------- 
                                                                                    GRC0882: 2m 
                                                                                    at 0.51% Li2O 
 GRC0882     EXPL        Kaampakrom     104    106      2.00       125.00   0.51    from 104m                     1.02 
            ----------  -------------  -----  -------  ---------  -------  ------  --------------  ------------  -------- 
                                                                                    GRC0852: 1m 
                                                                                    at 0.95% Li2O 
 GRC0852     IND         Ewoyaa         272    273      1.0        310.0    0.95    from 272m                     0.95 
            ----------  -------------  -----  -------  ---------  -------  ------  --------------  ------------  -------- 
                                                                                    GRC0843: 1m 
                         Grasscutter                                                at 0.61% Li2O 
 GRC0843     EXPL         N             113    114      1.0        162.0    0.61    from 113m                     0.61 
            ----------  -------------  -----  -------  ---------  -------  ------  --------------  ------------  -------- 
                                                                                    GRC0848: 1m 
                         Grasscutter                                                at 0.59% Li2O 
 GRC0848     EXPL         N             45     46       1.0        166.0    0.59    from 45m                      0.59 
            ----------  -------------  -----  -------  ---------  -------  ------  --------------  ------------  -------- 
                                                                                    GDD0103: 1.3m 
                                                                                    at 0.44% Li2O 
 GDD0103     MET         Ewoyaa         96.4   97.7     1.3        120.4    0.43    from 96.4m                    0.56 
            ----------  -------------  -----  -------  ---------  -------  ------  --------------  ------------  -------- 
                                                                                    GRC0839: 1m 
                                                                                    at 0.55% Li2O 
 GRC0838     Piezo       Ewoyaa         73     74       1.0        140.0    0.55    from 73m                      0.55 
            ----------  -------------  -----  -------  ---------  -------  ------  --------------  ------------  -------- 
                                                                                    GRC0882: 1m 
                                                                                    at 0.55% Li2O 
 GRC0882     EXPL        Kaampakrom     108    109      1.00       125.00   0.55    from 108m                     0.55 
            ----------  -------------  -----  -------  ---------  -------  ------  --------------  ------------  -------- 
                                                                                    GDD0099: 1m 
                                                                                    at 0.41% Li2O 
 GDD0099     GeoTech     Ewoyaa         74     75       1.0        160.1    0.41    from 74m                      0.41 
            ----------  -------------  -----  -------  ---------  -------  ------  --------------  ------------  -------- 
                                                                                    GDD0100: 
                                                                                    0.41m 
                                                                                    at 1.2% Li2O 
 GDD0100     MET         Ewoyaa         72.6   73       0.4        140.2    1.20    from 72.6m 
            ----------  -------------  -----  -------  ---------  -------  ------  --------------  ------------  -------- 
                                                                                    no 
                                                                                    significant 
 GDD0101     GeoTech     Ewoyaa         0      160      160.0      160.1            intersections 
            ----------  -------------  -----  -------  ---------  -------  ------  --------------  ------------  -------- 
                                                                                    no 
                                                                                    significant 
 GRC0811     Piezo       Kaampakrom     0      100      100.0      100.0            intersections 
            ----------  -------------  -----  -------  ---------  -------  ------  --------------  ------------  -------- 
                                                                                    no 
                                                                                    significant 
 GRC0812     Piezo       Kaampakrom     0      100      100.0      100.0            intersections 
            ----------  -------------  -----  -------  ---------  -------  ------  --------------  ------------  -------- 
                                                                                    no 
                                                                                    significant 
 GRC0813     Piezo       Kaampakrom     0      100      100.0      100.0            intersections 
            ----------  -------------  -----  -------  ---------  -------  ------  --------------  ------------  -------- 
                                                                                    no 
                                                                                    significant 
 GRC0814A    Piezo       Anfeo          0      100      100.0      100.0            intersections 
            ----------  -------------  -----  -------  ---------  -------  ------  --------------  ------------  -------- 
                                                                                    no 
                                                                                    significant 
 GRC0815     Piezo       Anfeo          0      100      100.0      110.0            intersections 
            ----------  -------------  -----  -------  ---------  -------  ------  --------------  ------------  -------- 
                                                                                    no 
                                                                                    significant     weathered 
 GRC0816     IND         Kaampakrom     27     35       8.0        80.0             intersections    pegmatite 
            ----------  -------------  -----  -------  ---------  -------  ------  --------------  ------------  -------- 
                                                                                    no 
                                                                                    significant 
 GRC0818     Piezo       Kaampakrom     0      100      100.0      100.0            intersections 
            ----------  -------------  -----  -------  ---------  -------  ------  --------------  ------------  -------- 
                                                                                    no 
                                                                                    significant 
 GRC0819     IND         Kaampakrom     0      80.00    80.0       80.0             intersections 
            ----------  -------------  -----  -------  ---------  -------  ------  --------------  ------------  -------- 
                                                                                    no 
                                                                                    significant 
 GRC0820     Piezo       Kaampakrom     0      100.00   100.0      100.0            intersections 
            ----------  -------------  -----  -------  ---------  -------  ------  --------------  ------------  -------- 
                                                                                    no 
                                                                                    significant 
 GRC0821     IND         Kaampakrom     0      90.00    90.0       90.0             intersections 
            ----------  -------------  -----  -------  ---------  -------  ------  --------------  ------------  -------- 
                                                                                    no 
                                                                                    significant 
 GRC0826     IND         Kaampakrom     0      120      120.0      120.0            intersections 
            ----------  -------------  -----  -------  ---------  -------  ------  --------------  ------------  -------- 
                                                                                    no 
                                                                                    significant     weathered 
 GRC0827     IND         Kaampakrom     12     14       2.0        86.0             intersections    pegmatite 
            ----------  -------------  -----  -------  ---------  -------  ------  --------------  ------------  -------- 
                                                                                    no 
                                                                                    significant     weathered 
 GRC0827     IND         Kaampakrom     18     21       3.0        86.0             intersections    pegmatite 
            ----------  -------------  -----  -------  ---------  -------  ------  --------------  ------------  -------- 
                                                                                    no 
                                                                                    significant     weathered 
 GRC0827     IND         Kaampakrom     39     40       1.0        86.0             intersections    pegmatite 
            ----------  -------------  -----  -------  ---------  -------  ------  --------------  ------------  -------- 
                                                                                    no 
                                                                                    significant 
 GRC0827     IND         Kaampakrom     58     60       2.0        86.0             intersections 
            ----------  -------------  -----  -------  ---------  -------  ------  --------------  ------------  -------- 
                                                                                    no 
                                                                                    significant 
 GRC0827     IND         Kaampakrom     69     70       1.0        86.0             intersections 
            ----------  -------------  -----  -------  ---------  -------  ------  --------------  ------------  -------- 
                                                                                    no 
                                                                                    significant 
 GRC0829     IND         Kaampakrom     30     32       2.0        140.0            intersections 
            ----------  -------------  -----  -------  ---------  -------  ------  --------------  ------------  -------- 
                                                                                    no 
                                                                                    significant 
 GRC0829     IND         Kaampakrom     95     96       1.0        140.0            intersections 
            ----------  -------------  -----  -------  ---------  -------  ------  --------------  ------------  -------- 
                                                                                    no 
                                                                                    significant 
 GRC0831     IND         Kaampakrom     0      100      100.0      100.0            intersections 
            ----------  -------------  -----  -------  ---------  -------  ------  --------------  ------------  -------- 
                                                                                    no 
                         Grasscutter                                                significant     weathered 
 GRC0832     EXPL         N             12     16       4.0        90.0             intersections    pegmatite 
            ----------  -------------  -----  -------  ---------  -------  ------  --------------  ------------  -------- 
                                                                                    no 
                         Grasscutter                                                significant 
 GRC0833     EXPL         N             50     53       3.0        170.0            intersections 
            ----------  -------------  -----  -------  ---------  -------  ------  --------------  ------------  -------- 
                                                                                    no 
                         Grasscutter                                                significant 
 GRC0833     EXPL         N             55     58       3.0        170.0            intersections 
            ----------  -------------  -----  -------  ---------  -------  ------  --------------  ------------  -------- 
                                                                                    no 
                         Grasscutter                                                significant 
 GRC0833     EXPL         N             115    119      4.0        170.0            intersections 
            ----------  -------------  -----  -------  ---------  -------  ------  --------------  ------------  -------- 
                                                                                    no 
                         Grasscutter                                                significant 
 GRC0833     EXPL         N             146    150      4.0        170.0            intersections 
            ----------  -------------  -----  -------  ---------  -------  ------  --------------  ------------  -------- 
                                                                                    no 
                                                                                    significant 
 GRC0834     IND         Kaampakrom     0      100.00   100.0      100.0            intersections 
            ----------  -------------  -----  -------  ---------  -------  ------  --------------  ------------  -------- 
                                                                                    no 
                                                                                    significant 
 GRC0835     EXPL        Kaampakrom     0      63.00    63.0       63.0             intersections 
            ----------  -------------  -----  -------  ---------  -------  ------  --------------  ------------  -------- 
                                                                                    no 
                                                                                    significant 
 GRC0836     EXPL        Kaampakrom     0      60.00    60.0       60.0             intersections 
            ----------  -------------  -----  -------  ---------  -------  ------  --------------  ------------  -------- 
                                                                                    no 
                                                                                    significant     weathered 
 GRC0838     Piezo       Ewoyaa         0      4        4.0        114.0            intersections    pegmatite 
            ----------  -------------  -----  -------  ---------  -------  ------  --------------  ------------  -------- 
                                                                                    no 
                                                                                    significant     weathered 
 GRC0838     Piezo       Ewoyaa         8      10       2.0        114.0            intersections    pegmatite 
            ----------  -------------  -----  -------  ---------  -------  ------  --------------  ------------  -------- 
                                                                                    no 
                                                                                    significant     weathered 
 GRC0838     Piezo       Ewoyaa         20     21       1.0        114.0            intersections    pegmatite 
            ----------  -------------  -----  -------  ---------  -------  ------  --------------  ------------  -------- 
                                                                                    no 
                                                                                    significant 
 GRC0838     Piezo       Ewoyaa         30     58       28.0       114.0            intersections 
            ----------  -------------  -----  -------  ---------  -------  ------  --------------  ------------  -------- 
                                                                                    no 
                                                                                    significant 
 GRC0838     Piezo       Ewoyaa         82     84       2.0        114.0            intersections 
            ----------  -------------  -----  -------  ---------  -------  ------  --------------  ------------  -------- 
                                                                                    no 
                                                                                    significant 
 GRC0841     Piezo       Abonko         0      100      100.0      100.0            intersections 
            ----------  -------------  -----  -------  ---------  -------  ------  --------------  ------------  -------- 
                                                                                    no 
                                                                                    significant 
 GRC0845     EXPL        Krofu          0      110      110.0      110.0            intersections 
            ----------  -------------  -----  -------  ---------  -------  ------  --------------  ------------  -------- 
                                                                                    no 
                         Grasscutter                                                significant 
 GRC0846     EXPL         N             0      100      100.0      100.0            intersections 
            ----------  -------------  -----  -------  ---------  -------  ------  --------------  ------------  -------- 
                                                                                    no 
                                                                                    significant 
 GRC0847     EXPL        Krofu          0      250      250.0      250.0            intersections 
            ----------  -------------  -----  -------  ---------  -------  ------  --------------  ------------  -------- 
                                                                                    no 
                         Grasscutter                                                significant 
 GRC0849     EXPL         N             0      130      130.0      130.0            intersections 
            ----------  -------------  -----  -------  ---------  -------  ------  --------------  ------------  -------- 
                                                                                    no 
                                                                                    significant 
 GRC0851     EXPL        Krofu          0      180      180.0      180.0            intersections 
            ----------  -------------  -----  -------  ---------  -------  ------  --------------  ------------  -------- 
                                                                                    no 
                                                                                    significant 
 GRC0857     IND         Ewoyaa         69     71       2.00       104.00           intersections 
            ----------  -------------  -----  -------  ---------  -------  ------  --------------  ------------  -------- 
                                                                                    no 
                                                                                    significant 
 GRC0857     IND         Ewoyaa         74     75       1.00       104.00           intersections 
            ----------  -------------  -----  -------  ---------  -------  ------  --------------  ------------  -------- 
                                                                                    no 
                                                                                    significant 
 GRC0857     IND         Ewoyaa         77     79       2.00       104.00           intersections 
            ----------  -------------  -----  -------  ---------  -------  ------  --------------  ------------  -------- 
                                                                                    no 
                                                                                    significant 
 GRC0857     IND         Ewoyaa         87     88       1.00       104.00           intersections 
            ----------  -------------  -----  -------  ---------  -------  ------  --------------  ------------  -------- 
                                                                                    no 
                                                                                    significant     weathered 
 GRC0858     EXPL        Kaampakrom     15     16       1.00       140.00           intersections    pegmatite 
            ----------  -------------  -----  -------  ---------  -------  ------  --------------  ------------  -------- 
                                                                                    no 
                                                                                    significant     weathered 
 GRC0858     EXPL        Kaampakrom     30     33       3.00       140.00           intersections    pegmatite 
            ----------  -------------  -----  -------  ---------  -------  ------  --------------  ------------  -------- 
                                                                                    no              No 
                                                                                    significant     pegmatite 
 GRC0859     IND         Ewoyaa         0      110      110.00     110.00           intersections   intersected 
            ----------  -------------  -----  -------  ---------  -------  ------  --------------  ------------  -------- 
                                                                                    no 
                                                                                    significant     weathered 
 GRC0860     IND         Ewoyaa         53     54       1.00       80.00            intersections    pegmatite 
            ----------  -------------  -----  -------  ---------  -------  ------  --------------  ------------  -------- 
                                                                                    no 
                                                                                    significant 
 GRC0860     IND         Ewoyaa         71     72       1.00       80.00            intersections 
            ----------  -------------  -----  -------  ---------  -------  ------  --------------  ------------  -------- 
                                                                                    no 
                                                                                    significant     weathered 
 GRC0861     EXPL        Krofu          28     31       3.00       200.00           intersections    pegmatite 
            ----------  -------------  -----  -------  ---------  -------  ------  --------------  ------------  -------- 
                                                                                    no 
                                                                                    significant     weathered 
 GRC0864     IND         Ewoyaa         29     34       5.00       80.00            intersections    pegmatite 
            ----------  -------------  -----  -------  ---------  -------  ------  --------------  ------------  -------- 
                                                                                    no              No 
                                                                                    significant     pegmatite 
 GRC0865     EXPL        Krofu          0      100      100.00     100.00           intersections   intersected 
            ----------  -------------  -----  -------  ---------  -------  ------  --------------  ------------  -------- 
                                                                                    no 
                                                                                    significant 
 GRC0868     IND         Ewoyaa         169    174      5.00       189.00           intersections 
            ----------  -------------  -----  -------  ---------  -------  ------  --------------  ------------  -------- 
                                                                                    no              No 
                                                                                    significant     pegmatite 
 GRC0871     IND         Ewoyaa         0      120      120.00     120.00           intersections   intersected 
            ----------  -------------  -----  -------  ---------  -------  ------  --------------  ------------  -------- 
                                                                                    no              No 
                                                                                    significant     pegmatite 
 GRC0873     IND         Ewoyaa         0      110      110.00     110.00           intersections   intersected 
            ----------  -------------  -----  -------  ---------  -------  ------  --------------  ------------  -------- 
                                                                                    no 
                                                                                    significant     weathered 
 GRC0876     EXPL        Kaampakrom     34     42       8.00       62.00            intersections    pegmatite 
            ----------  -------------  -----  -------  ---------  -------  ------  --------------  ------------  -------- 
                                                                                    no 
                                                                                    significant 
 GRC0877     EXPL        Kaampakrom     72     75       3.00       90.00            intersections 
            ----------  -------------  -----  -------  ---------  -------  ------  --------------  ------------  -------- 
                                                                                    no 
                                                                                    significant 
 GRC0878     EXPL        Kaampakrom     105    106      1.00       140.00           intersections 
            ----------  -------------  -----  -------  ---------  -------  ------  --------------  ------------  -------- 
                                                                                    no 
                                                                                    significant 
 GRC0879     EXPL        Kaampakrom     29     33       4.00       90.00            intersections 
            ----------  -------------  -----  -------  ---------  -------  ------  --------------  ------------  -------- 
                                                                                    no 
                                                                                    significant 
 GRC0879     EXPL        Kaampakrom     40     42       2.00       90.00            intersections 
            ----------  -------------  -----  -------  ---------  -------  ------  --------------  ------------  -------- 
                                                                                    no 
                                                                                    significant 
 GRC0881     EXPL        Kaampakrom     46     49       3.00       70.00            intersections 
            ----------  -------------  -----  -------  ---------  -------  ------  --------------  ------------  -------- 
                                                                                    no 
                                                                                    significant 
 GRC0881     EXPL        Kaampakrom     51     54       3.00       70.00            intersections 
            ----------  -------------  -----  -------  ---------  -------  ------  --------------  ------------  -------- 
                                                                                    no 
                                                                                    significant     weathered 
 GRC0883     EXPL        Kaampakrom     2      3        1.00       74.00            intersections    pegmatite 
            ----------  -------------  -----  -------  ---------  -------  ------  --------------  ------------  -------- 
                                                                                    no 
                                                                                    significant     weathered 
 GRC0883     EXPL        Kaampakrom     6      9        3.00       74.00            intersections    pegmatite 
            ----------  -------------  -----  -------  ---------  -------  ------  --------------  ------------  -------- 
                                                                                    no 
                                                                                    significant     weathered 
 GRC0883     EXPL        Kaampakrom     17     19       2.00       74.00            intersections    pegmatite 
            ----------  -------------  -----  -------  ---------  -------  ------  --------------  ------------  -------- 
                                                                                    no 
                                                                                    significant     weathered 
 GRC0883     EXPL        Kaampakrom     38     39       1.00       74.00            intersections    pegmatite 
            ----------  -------------  -----  -------  ---------  -------  ------  --------------  ------------  -------- 
                                                                                    no 
                                                                                    significant     weathered 
 GRC0883     EXPL        Kaampakrom     41     44       3.00       74.00            intersections    pegmatite 
            ----------  -------------  -----  -------  ---------  -------  ------  --------------  ------------  -------- 
                                                                                    no 
                                                                                    significant 
 GRC0884     EXPL        Kaampakrom     77     80       3.00       95.00            intersections 
            ----------  -------------  -----  -------  ---------  -------  ------  --------------  ------------  -------- 
                                                                                    no 
                                                                                    significant     weathered 
 GRC0885     EXPL        Kaampakrom     0      3        3.00       90.00            intersections    pegmatite 
            ----------  -------------  -----  -------  ---------  -------  ------  --------------  ------------  -------- 
                                                                                    no 
                                                                                    significant     weathered 
 GRC0886A    EXPL        Kaampakrom     56     57       1.00       80.00            intersections    pegmatite 
            ----------  -------------  -----  -------  ---------  -------  ------  --------------  ------------  -------- 
                                                                                    no 
                                                                                    significant     weathered 
 GRC0886A    EXPL        Kaampakrom     60     63       3.00       80.00            intersections    pegmatite 
            ----------  -------------  -----  -------  ---------  -------  ------  --------------  ------------  -------- 
                                                                                    no 
                                                                                    significant 
 GRC0887     EXPL        Kaampakrom     83     87       4.00       102.00           intersections 
            ----------  -------------  -----  -------  ---------  -------  ------  --------------  ------------  -------- 
                                                                                    no              No 
                                                                                    significant     pegmatite 
 GRC0888     EXPL        Kaampakrom     0      80       80.00      80.00            intersections   intersected 
            ----------  -------------  -----  -------  ---------  -------  ------  --------------  ------------  -------- 
 

Appendix 2 - Newly reported drill collar locations (MET = Metallurgy, IND = Indicated, EXPL = Exploration, Piezo = Piezometer)

 
 Hole_ID     Target          Deposit        Hole Depth   Eastings   Northings   Elevation   Dip   Azimuth 
                                             m                                   m 
 GDD0099     Geotech         Ewoyaa         160.1        715441     579109      24          -50   305 
            --------------  -------------  -----------  ---------  ----------  ----------  ----  -------- 
 GDD0100     MET             Ewoyaa         141.01       715578     580221      31          -50   270 
            --------------  -------------  -----------  ---------  ----------  ----------  ----  -------- 
 GDD0101     Geotech         Ewoyaa         161.01       715711     579049      29          -50   305 
            --------------  -------------  -----------  ---------  ----------  ----------  ----  -------- 
                             Kaampakrom 
 GDD0102A    MET              W             151.01       715094     581188      64          -50   150 
            --------------  -------------  -----------  ---------  ----------  ----------  ----  -------- 
 GDD0103     MET             Ewoyaa         121.01       715993     580099      38          -51   210 
            --------------  -------------  -----------  ---------  ----------  ----------  ----  -------- 
 GRC0341     IND re-entry    Anokyi         170          716480     578713      53          -50   180 
            --------------  -------------  -----------  ---------  ----------  ----------  ----  -------- 
 GRC0465     IND re-entry    Anokyi         168          716400     578717      31          -51   181.79 
            --------------  -------------  -----------  ---------  ----------  ----------  ----  -------- 
 GRC0470     IND re-entry    Anokyi         150          716320     578787      24          -51   179.97 
            --------------  -------------  -----------  ---------  ----------  ----------  ----  -------- 
 GRC0811     Piezo           Kaampakrom     100          716542     581717      12          -89   0 
            --------------  -------------  -----------  ---------  ----------  ----------  ----  -------- 
 GRC0812     Piezo           Kaampakrom     100          716190     580380      21          -87   0 
            --------------  -------------  -----------  ---------  ----------  ----------  ----  -------- 
 GRC0813     Piezo           Kaampakrom     100          714969     579649      21          -89   0 
            --------------  -------------  -----------  ---------  ----------  ----------  ----  -------- 
 GRC0814A    Piezo           Anfeo          100          714053     577694      20          -89   0 
            --------------  -------------  -----------  ---------  ----------  ----------  ----  -------- 
 GRC0815     Piezo           Anfeo          110          713748     578257      27          -90   0 
            --------------  -------------  -----------  ---------  ----------  ----------  ----  -------- 
 GRC0816     EXPL            Kaampakrom     80           715447     581460      28          -51   330 
            --------------  -------------  -----------  ---------  ----------  ----------  ----  -------- 
 GRC0817     EXPL            Kaampakrom     110          715467     581430      29          -52   330 
            --------------  -------------  -----------  ---------  ----------  ----------  ----  -------- 
 GRC0818     Piezo           Kaampakrom     100          715873     581021      18          -87   0 
            --------------  -------------  -----------  ---------  ----------  ----------  ----  -------- 
 GRC0819     EXPL            Kaampakrom     80           715316     581442      48          -52   330 
            --------------  -------------  -----------  ---------  ----------  ----------  ----  -------- 
 GRC0820     Piezo           Kaampakrom     100          717958     581308      7           -88   0 
            --------------  -------------  -----------  ---------  ----------  ----------  ----  -------- 
 GRC0821     EXPL            Kaampakrom     90           715754     581635      42          -51   90 
            --------------  -------------  -----------  ---------  ----------  ----------  ----  -------- 
 GRC0822     EXPL            Kaampakrom     120          715629     581541      31          -51   330 
            --------------  -------------  -----------  ---------  ----------  ----------  ----  -------- 
 GRC0823     EXPL            Kaampakrom     107          715750     581593      51          -50   90 
            --------------  -------------  -----------  ---------  ----------  ----------  ----  -------- 
 GRC0824     EXPL            Kaampakrom     110          715648     581507      37          -51   330 
            --------------  -------------  -----------  ---------  ----------  ----------  ----  -------- 
 GRC0825     EXPL            Kaampakrom     120          715713     581593      52          -51   90 
            --------------  -------------  -----------  ---------  ----------  ----------  ----  -------- 
 GRC0826     EXPL            Kaampakrom     120          715596     581684      23          -51   330 
            --------------  -------------  -----------  ---------  ----------  ----------  ----  -------- 
 GRC0827     EXPL            Kaampakrom     86           715852     581557      33          -51   90 
            --------------  -------------  -----------  ---------  ----------  ----------  ----  -------- 
                             Grasscutter 
 GRC0828     IND              N             90           716336     580453      29          -48   210 
            --------------  -------------  -----------  ---------  ----------  ----------  ----  -------- 
 GRC0829     EXPL            Kaampakrom     140          715814     581552      30          -50   90 
            --------------  -------------  -----------  ---------  ----------  ----------  ----  -------- 
                             Grasscutter 
 GRC0830     IND              N             128          716354     580485      26          -52   210 
            --------------  -------------  -----------  ---------  ----------  ----------  ----  -------- 
 GRC0831     EXPL            Kaampakrom     100          715738     581515      50          -51   90 
            --------------  -------------  -----------  ---------  ----------  ----------  ----  -------- 
                             Grasscutter 
 GRC0832     IND              N             90           716303     580482      21          -51   210 
            --------------  -------------  -----------  ---------  ----------  ----------  ----  -------- 
                             Grasscutter 
 GRC0833     IND              N             170          716326     580514      21          -50   210 
            --------------  -------------  -----------  ---------  ----------  ----------  ----  -------- 
 GRC0834     EXPL            Kaampakrom     100          715838     581473      58          -51   90 
            --------------  -------------  -----------  ---------  ----------  ----------  ----  -------- 
 GRC0835     EXPL            Kaampakrom     63           715831     581838      20          -51   180 
            --------------  -------------  -----------  ---------  ----------  ----------  ----  -------- 
 GRC0836     EXPL            Kaampakrom     60           715911     581820      30          -51   180 
            --------------  -------------  -----------  ---------  ----------  ----------  ----  -------- 
                             Grasscutter 
 GRC0837     IND              N             90           716370     580430      37          -51   210 
            --------------  -------------  -----------  ---------  ----------  ----------  ----  -------- 
 GRC0838     Piezo           Ewoyaa         114          713688     579469      39          -90   0 
            --------------  -------------  -----------  ---------  ----------  ----------  ----  -------- 
                             Grasscutter 
 GRC0839     IND              N             140          716387     580465      34          -51   210 
            --------------  -------------  -----------  ---------  ----------  ----------  ----  -------- 
 GRC0840     IND             Ewoyaa         90           716400     580412      34          -51   210 
            --------------  -------------  -----------  ---------  ----------  ----------  ----  -------- 
 GRC0841     Piezo           Abonko         100          717866     579565      8           -89   0 
            --------------  -------------  -----------  ---------  ----------  ----------  ----  -------- 
                             Grasscutter 
 GRC0842     IND              N             125          716419     580446      34          -51   210 
            --------------  -------------  -----------  ---------  ----------  ----------  ----  -------- 
                             Grasscutter 
 GRC0843     IND              N             162          716440     580480      26          -52   210 
            --------------  -------------  -----------  ---------  ----------  ----------  ----  -------- 
                             Grasscutter 
 GRC0844     IND              N             220          716459     580517      22          -52   210 
            --------------  -------------  -----------  ---------  ----------  ----------  ----  -------- 
 GRC0845     EXPL            Krofu          110          713860     581554      52          -51   330 
            --------------  -------------  -----------  ---------  ----------  ----------  ----  -------- 
                             Grasscutter 
 GRC0846     IND              N             100          716436     580391      29          -51   210 
            --------------  -------------  -----------  ---------  ----------  ----------  ----  -------- 
 GRC0847     EXPL            Krofu          250          713929     581835      46          -52   330 
            --------------  -------------  -----------  ---------  ----------  ----------  ----  -------- 
                             Grasscutter 
 GRC0848     IND              N             166          716475     580458      25          -50   210 
            --------------  -------------  -----------  ---------  ----------  ----------  ----  -------- 
                             Grasscutter 
 GRC0849     IND              N             130          716457     580429      27          -51   210 
            --------------  -------------  -----------  ---------  ----------  ----------  ----  -------- 
                             Grasscutter 
 GRC0850     IND              N             199          716492     580494      27          -52   210 
            --------------  -------------  -----------  ---------  ----------  ----------  ----  -------- 
 GRC0851     EXPL            Krofu          180          713878     581520      45          -50   330 
            --------------  -------------  -----------  ---------  ----------  ----------  ----  -------- 
 GRC0852     IND             Ewoyaa         310          715801     579075      47          -52   305 
            --------------  -------------  -----------  ---------  ----------  ----------  ----  -------- 
 GRC0853     EXPL            Assan          100          717357     583158      14          -51   340 
            --------------  -------------  -----------  ---------  ----------  ----------  ----  -------- 
 GRC0854     EXPL            Assan          114          717370     583127      34          -50   340 
            --------------  -------------  -----------  ---------  ----------  ----------  ----  -------- 
 GRC0855     EXPL            Assan          50           717428     583191      12          -51   340 
            --------------  -------------  -----------  ---------  ----------  ----------  ----  -------- 
 GRC0856     EXPL            Assan          88           717441     583154      33          -51   340 
            --------------  -------------  -----------  ---------  ----------  ----------  ----  -------- 
 GRC0857     IND             Ewoyaa         104          717083     580225      35          -51   180 
            --------------  -------------  -----------  ---------  ----------  ----------  ----  -------- 
 GRC0858     EXPL            Krampakrom     140          715672     581594      44          -51   90 
            --------------  -------------  -----------  ---------  ----------  ----------  ----  -------- 
 GRC0859     IND             Ewoyaa         110          717081     580264      40          -51   180 
            --------------  -------------  -----------  ---------  ----------  ----------  ----  -------- 
 GRC0860     IND             Ewoyaa         80           717001     580212      48          -51   180 
            --------------  -------------  -----------  ---------  ----------  ----------  ----  -------- 
 GRC0861     EXPL            Krofu          200          713811     581640      56          -50   150 
            --------------  -------------  -----------  ---------  ----------  ----------  ----  -------- 
 GRC0862     IND             Ewoyaa         80           717057     580469      33          -51   230 
            --------------  -------------  -----------  ---------  ----------  ----------  ----  -------- 
 GRC0863     IND             Ewoyaa         110          717088     580500      40          -51   230 
            --------------  -------------  -----------  ---------  ----------  ----------  ----  -------- 
 GRC0864     IND             Ewoyaa         80           717098     580401      20          -52   230 
            --------------  -------------  -----------  ---------  ----------  ----------  ----  -------- 
 GRC0865     EXPL            Krofu          100          713791     581674      49          -50   150 
            --------------  -------------  -----------  ---------  ----------  ----------  ----  -------- 
 GRC0866     IND             Ewoyaa         82           717127     580430      20          -51   230 
            --------------  -------------  -----------  ---------  ----------  ----------  ----  -------- 
 GRC0867     IND             Ewoyaa         80           717079     580439      25          -50   230 
            --------------  -------------  -----------  ---------  ----------  ----------  ----  -------- 
 GRC0868     IND             Ewoyaa         189          716514     580457      30          -51   210 
            --------------  -------------  -----------  ---------  ----------  ----------  ----  -------- 
 GRC0869     IND             Ewoyaa         89           717109     580465      30          -50   230 
            --------------  -------------  -----------  ---------  ----------  ----------  ----  -------- 
 GRC0870     IND             Ewoyaa         200          716536     580491      35          -51   210 
            --------------  -------------  -----------  ---------  ----------  ----------  ----  -------- 
 GRC0871     IND             Ewoyaa         120          716694     580237      58          -51   140 
            --------------  -------------  -----------  ---------  ----------  ----------  ----  -------- 
 GRC0872     EXPL            Krampakrom     70           715520     581496      28          -49   330 
            --------------  -------------  -----------  ---------  ----------  ----------  ----  -------- 
 GRC0873     IND             Ewoyaa         110          716493     580419      29          -51   210 
            --------------  -------------  -----------  ---------  ----------  ----------  ----  -------- 
 GRC0874     EXPL            Krampakrom     102          715541     581462      37          -51   330 
            --------------  -------------  -----------  ---------  ----------  ----------  ----  -------- 
 GRC0875     EXPL            Krampakrom     74           715417     581430      30          -51   330 
            --------------  -------------  -----------  ---------  ----------  ----------  ----  -------- 
 GRC0876     EXPL            Krampakrom     62           715496     581301      48          -51   330 
            --------------  -------------  -----------  ---------  ----------  ----------  ----  -------- 
 GRC0877     EXPL            Krampakrom     90           715513     581266      55          -52   330 
            --------------  -------------  -----------  ---------  ----------  ----------  ----  -------- 
 GRC0878     EXPL            Krampakrom     140          715439     581395      30          -51   330 
            --------------  -------------  -----------  ---------  ----------  ----------  ----  -------- 
 GRC0879     EXPL            Krampakrom     90           715559     581505      34          -51   330 
            --------------  -------------  -----------  ---------  ----------  ----------  ----  -------- 
 GRC0880     EXPL            Krampakrom     100          715578     581475      42          -50   330 
            --------------  -------------  -----------  ---------  ----------  ----------  ----  -------- 
 GRC0881     EXPL            Krampakrom     70           715587     581779      31          -51   150 
            --------------  -------------  -----------  ---------  ----------  ----------  ----  -------- 
 GRC0882     EXPL            Krampakrom     125          715567     581817      36          -51   150 
            --------------  -------------  -----------  ---------  ----------  ----------  ----  -------- 
 GRC0883     EXPL            Krampakrom     74           715551     581763      31          -50   150 
            --------------  -------------  -----------  ---------  ----------  ----------  ----  -------- 
 GRC0884     EXPL            Krampakrom     95           715529     581793      38          -50   150 
            --------------  -------------  -----------  ---------  ----------  ----------  ----  -------- 
 GRC0885     EXPL            Krampakrom     90           715757     581712      25          -51   90 
            --------------  -------------  -----------  ---------  ----------  ----------  ----  -------- 
 GRC0886A    EXPL            Krampakrom     80           715429     581245      54          -51   330 
            --------------  -------------  -----------  ---------  ----------  ----------  ----  -------- 
 GRC0887     EXPL            Krampakrom     102          715450     581212      44          -51   330 
            --------------  -------------  -----------  ---------  ----------  ----------  ----  -------- 
 GRC0888     EXPL            Krampakrom     80           715403     581133      33          -51   330 
            --------------  -------------  -----------  ---------  ----------  ----------  ----  -------- 
 

'JORC Code 2012 Table 1' Section 1 Sampling Techniques and Data

The following extract from the JORC Code 2012 Table 1 is provided for compliance with the Code requirements for the reporting of Exploration Results.

 
 Criteria       JORC Code explanation                                         Commentary 
-------------  ------------------------------------------------------------  ------------------------------------------------------------ 
 Sampling 
 techniques      *    Nature and quality of sampling (eg cut channels,         *    RC drill holes were routinely sampled at 1m intervals 
                      random chips, or specific specialised industry                with a nominal 3-6kg sub-sample split off for assay 
                      standard measurement tools appropriate to the                 using a rig-mounted cone splitter at 1m intervals. 
                      minerals under investigation, such as down hole gamma 
                      sondes, or handheld XRF instruments, etc). These 
                      examples should not be taken as limiting the broad       *    DD holes were quarter core sampled at 1m intervals or 
                      meaning of sampling.                                          to geological contacts for geochemical analysis. 
 
 
                 *    Include reference to measures taken to ensure sample     *    For assaying, splits from all prospective ore zones 
                      representivity and the appropriate calibration of any         (i.e., logged pegmatites +/- interburden) were sent 
                      measurement tools or systems used.                            for assay. Outside of these zones, the splits were 
                                                                                    composited to 4m using a portable riffle splitter. 
 
                 *    Aspects of the determination of mineralisation that 
                      are Material to the Public Report. In cases where        *    Holes without pegmatite were not assayed. 
                      'industry standard' work has been done this would be 
                      relatively simple (eg 'reverse circulation drilling 
                      was used to obtain 1 m samples from which 3 kg was       *    Approximately 5% of all samples submitted were 
                      pulverised to produce a 30 g charge for fire assay').         standards and coarse blanks. Blanks were typically 
                      In other cases more explanation may be required, such         inserted with the interpreted ore zones after the 
                      as where there is coarse gold that has inherent               drilling was completed. 
                      sampling problems. Unusual commodities or 
                      mineralisation types (eg submarine nodules) may 
                      warrant disclosure of detailed information.              *    Approximately 2.5% of samples submitted were 
                                                                                    duplicate samples collected after logging using a 
                                                                                    riffle splitter and sent to an umpire laboratory. 
                                                                                    This ensured zones of interest were duplicated and 
                                                                                    not missed during alternative routine splitting of 
                                                                                    the primary sample. 
 
 
                                                                               *    Prior to the December 2018 - SGS Tarkwa was used for 
                                                                                    sample preparation (PRP100) and subsequently 
                                                                                    forwarded to SGS Johannesburg for analysis; and later 
                                                                                    SGS Vancouver for analysis (ICP90A). 
 
 
                                                                               *    Post December 2018 to present - Intertek Tarkwa was 
                                                                                    used for sample preparation (SP02/SP12) and 
                                                                                    subsequently forwarded to Intertek Perth for analysis 
                                                                                    (FP6/MS/OES - 21 element combination Na(2) O(2) 
                                                                                    fusion with combination OES/MS). 
 
 
                                                                               *    ALS Laboratory in Brisbane was used for the Company's 
                                                                                    initial due diligence work programmes and was 
                                                                                    selected as the umpire laboratory since Phase 1. ALS 
                                                                                    conducts ME-ICP89, with a Sodium Peroxide Fusion. 
                                                                                    Detection limits for lithium are 0.01-10%. Sodium 
                                                                                    Peroxide fusion is considered a "total" assay 
                                                                                    technique for lithium. In addition, 22 additional 
                                                                                    elements assayed with Na(2) O(2) fusion, and 
                                                                                    combination MS/ICP analysis. 
               ------------------------------------------------------------  ------------------------------------------------------------ 
 Drilling 
 techniques       *    Drill type (eg core, reverse circulation, open-hole     *    Five phases of drilling were undertaken at the 
                       hammer, rotary air blast, auger, Bangka, sonic, etc)         Project using RC and DD techniques. All the RC 
                       and details (eg core diameter, triple or standard            drilling used face sampling hammers. 
                       tube, depth of diamond tails, face-sampling bit or 
                       other type, whether core is oriented and if so, by 
                       what method, etc).                                      *    Phase 1 and 2 programmes used a 5.25-inch hammers 
                                                                                    while Phase 3 and 5 used a 5.75-inch hammer. 
 
 
                                                                               *    All DD holes were completed using PQ and HQ core from 
                                                                                    surface (85mm and 63.5mm). 
 
 
                                                                               *    All DD holes were drilled in conjunction with a 
                                                                                    Reflex ACT II tool; to provide an accurate 
                                                                                    determination of the bottom-of-hole orientation. 
 
 
                                                                               *    All fresh core was orientated to allow for geological 
                                                                              , 
                                                                                    structural and geotechnical logging by a Company 
                                                                                    geologist. 
               ------------------------------------------------------------  ------------------------------------------------------------ 
 Drill sample 
 recovery        *    Method of recording and assessing core and chip          *    A semi-quantitative estimate of sample recovery was 
                      sample recoveries and results assessed.                       completed for the vast majority of drilling. This 
                                                                                    involved weighing both the bulk samples and splits 
                                                                                    and calculating theoretical recoveries using assumed 
                 *    Measures taken to maximise sample recovery and ensure         densities. Where samples were not weighed, 
                      representative nature of the samples.                         qualitative descriptions of the sample size were 
                                                                                    recorded. Some sample loss was recorded in the 
                                                                                    collaring of the RC drill holes. 
                 *    Whether a relationship exists between sample recovery 
                      and grade and whether sample bias may have occurred 
                      due to preferential loss/gain of fine/coarse             *    DD recoveries were measured and recorded. Recoveries 
                      material.                                                     in excess of 95.8% have been achieved for the DD 
                                                                                    drilling programme. Drill sample recovery and quality 
                                                                                    is adequate for the drilling technique employed. 
 
 
                                                                               *    The DD twin programme has identified a positive grade 
                                                                                    bias for iron in the RC compared to the DD results. 
               ------------------------------------------------------------  ------------------------------------------------------------ 
 Logging 
                  *    Whether core and chip samples have been geologically    *    All drill sample intervals were geologically logged 
                       and geotechnically logged to a level of detail to            by Company geologists. 
                       support appropriate Mineral Resource estimation, 
                       mining studies and metallurgical studies. 
                                                                               *    Where appropriate, geological logging recorded the 
                                                                                    abundance of specific minerals, rock types and 
                  *    Whether logging is qualitative or quantitative in            weathering using a standardised logging system that 
                       nature. Core (or costean, channel, etc) photography.         captured preliminary metallurgical domains. 
 
 
                  *    The total length and percentage of the relevant         *    All logging is qualitative, except for the systematic 
                       intersections logged.                                        collection of magnetic susceptibility data which 
                                                                                    could be considered semi quantitative. 
 
 
                                                                               *    Strip logs have been generated for each drill hole to 
                                                                                    cross-check geochemical data with geological logging. 
 
 
                                                                               *    A small sample of washed RC drill material was 
                                                                                    retained in chip trays for future reference and 
                                                                                    validation of geological logging, and sample reject 
                                                                                    materials from the laboratory are stored at the 
                                                                                    Company's field office. 
 
 
                                                                               *    All drill holes have been logged and reviewed by 
                                                                                    Company technical staff. 
 
 
                                                                               *    The logging is of sufficient detail to support the 
                                                                                    current reporting of a Mineral Resource. 
               ------------------------------------------------------------  ------------------------------------------------------------ 
 Sub-sampling 
 techniques       *    If core, whether cut or sawn and whether quarter,       *    RC samples were cone split at the drill rig. For 
 and sample            half or all core taken.                                      interpreted waste zones the 1 or 2m rig splits were 
 preparation                                                                        later composited using a riffle splitter into 4m 
                                                                                    composite samples. 
 
                  *    If non-core, whether riffled, tube sampled, rotary 
                       split, etc and whether sampled wet or dry.              *    DD core was cut with a core saw and selected half 
                                                                                    core samples dispatched to Nagrom Laboratory in Perth 
                                                                                    for preliminary metallurgical test work. 
                  *    For all sample types, the nature, quality and 
                       appropriateness of the sample preparation technique. 
                                                                               *    The other half of the core, including the 
                                                                                    bottom-of-hole orientation line, was retained for 
                  *    Quality control procedures adopted for all                   geological reference. 
                       sub-sampling stages to maximise representivity of 
                       samples. 
                                                                               *    The remaining DD core was quarter cored for 
                                                                                    geochemical analysis. 
                  *    Measures taken to ensure that the sampling is 
                       representative of the in-situ material collected, 
                       including for instance results for field                *    Since December 2018, samples were submitted to 
                       duplicate/second-half sampling.                              Intertek Tarkwa (SP02/SP12) for sample preparation. 
                                                                                    Samples were weighed, dried and crushed to -2mm in a 
                                                                                    Boyd crusher with an 800-1,200g rotary split, 
                  *    Whether sample sizes are appropriate to the grain            producing a nominal 1,500g split crushed sample, 
                       size of the material being sampled.                          which was subsequently pulverised in a LM2 ring mill. 
                                                                                    Samples were pulverised to a nominal 85% passing 
                                                                                    75um. All the preparation equipment was flushed with 
                                                                                    barren material prior to the commencement of the job. 
                                                                                    Coarse reject material was kept in the original bag. 
                                                                                    Lab sizing analysis was undertaken on a nominal 1:25 
                                                                                    basis. Final pulverised samples (20g) were 
                                                                                    airfreighted to Intertek in Perth for assaying. -- 
 
 
                                                                               *    The pulps were submitted for analysis by Sodium 
                                                                                    peroxide fusion (Nickel crucibles) and Hydrochloric 
                                                                                    acid to dissolve the melt. Analysed by Inductively 
                                                                                    Coupled Plasma Mass Spectrometry (FP6MS) / 
                                                                                    Inductively Coupled Plasma Optical (Atomic) Emission 
                                                                                    Spectrometry (FP6/OE). The analytical suite consisted 
                                                                                    of Al, B, Ba, Be, Ca, Cs, Fe, K, Li, Mg, Mn, Nb, P, 
                                                                                    Rb, S, Si, Sn, Sr, Ta and Ti. 
 
 
                                                                               *    The vast majority of samples were drilled dry. 
                                                                                    Moisture content was logged qualitatively. All 
                                                                                    intersections of the water table were recorded in the 
                                                                                    database. 
 
 
                                                                               *    Field sample duplicates were taken to evaluate 
                                                                                    whether samples were representative and understand 
                                                                                    repeatability, with good repeatability. 
 
 
                                                                               *    Sample sizes and laboratory preparation techniques 
                                                                                    were appropriate and industry standard. 
               ------------------------------------------------------------  ------------------------------------------------------------ 
 Quality of 
 assay data      *    The nature, quality and appropriateness of the           *    Analysis for lithium and a suite of other elements 
 and                  assaying and laboratory procedures used and whether           for Phase 1 drilling was undertaken at SGS 
 laboratory           the technique is considered partial or total.                 Johannesburg / Vancouver by ICP-OES after Sodium 
 tests                                                                              Peroxide Fusion. Detection limits for lithium (10ppm 
                                                                                    - 100,000ppm). Sodium Peroxide fusion is considered a 
                 *    For geophysical tools, spectrometers, handheld XRF            "total" assay technique for lithium. 
                      instruments, etc, the parameters used in determining 
                      the analysis including instrument make and model, 
                      reading times, calibrations factors applied and their    *    Review of standards and blanks from the initial 
                      derivation, etc.                                              submission to Johannesburg identified failures 
                                                                                    (multiple standards reporting outside control 
                                                                                    limits). A decision was made to resubmit this batch 
                 *    Nature of quality control procedures adopted (eg              and all subsequent batches to SGS Vancouver - a 
                      standards, blanks, duplicates, external laboratory            laboratory considered to have more experience with 
                      checks) and whether acceptable levels of accuracy (ie         this method of analysis and sample type. 
                      lack of bias) and precision have been established. 
 
                                                                               *    Results of analyses for field sample duplicates are 
                                                                                    consistent with the style of mineralisation and 
                                                                                    considered to be representative. Internal laboratory 
                                                                                    QAQC checks are reported by the laboratory, including 
                                                                                    sizing analysis to monitor preparation and internal 
                                                                                    laboratory QA/QC. These were reviewed and retained in 
                                                                                    the company drill hole database. 
 
 
                                                                               *    155 samples were sent to an umpire laboratory (ALS) 
                                                                                    and/assayed using equivalent techniques, with results 
                                                                                    demonstrating good repeatability. 
 
 
                                                                               *    ALL's review of QAQC suggests the SGS Vancouver and 
                                                                                    Intertek Perth laboratories performed within 
                                                                                    acceptable limits. 
 
 
                                                                               *    No geophysical methods or hand-held XRF units have 
                                                                                    been used for determination of grades in the Mineral 
                                                                                    Resource. 
               ------------------------------------------------------------  ------------------------------------------------------------ 
 Verification 
 of sampling     *    The verification of significant intersections by         *    Significant intersections were visually field 
 and assaying         either independent or alternative company personnel.          verified by company geologists and Shaun Searle of 
                                                                                    Ashmore during the 2019 site visit. 
 
                 *    The use of twinned holes. 
                                                                               *    Drill hole data was compiled and digitally captured 
                                                                                    by Company geologists in the field. Where 
                 *    Documentation of primary data, data entry procedures,         hand-written information was recorded, all hardcopy 
                      data verification, data storage (physical and                 records were kept and archived after digitising. 
                      electronic) protocols. 
 
                                                                               *    Phase 1 and 2 drilling programmes were captured on 
                 *    Discuss any adjustment to assay data.                         paper or locked excel templates and migrated to an MS 
                                                                                    Access database and then into Datashed (industry 
                                                                                    standard drill hole database management software). 
                                                                                    The Phase 3 to 5 programmes were captured using 
                                                                                    LogChief which has inbuilt data validation protocols. 
                                                                                    All analytical results were transferred digitally and 
                                                                                    loaded into the database by a Datashed consultant. 
 
 
                                                                               *    The data was audited, and any discrepancies checked 
                                                                                    by the Company personnel before being updated in the 
                                                                                    database. 
 
 
                                                                               *    Twin DD holes were drilled to verify results of the 
                                                                                    RC drilling programmes. Results indicate that there 
                                                                                    is iron contamination in the RC drilling process. 
 
 
                                                                               *    Reported drill hole intercepts were compiled by the 
                                                                                    Chief Geologist. 
 
 
                                                                               *    Adjustments to the original assay data included 
                                                                                    converting Li ppm to Li(2) O%. 
               ------------------------------------------------------------  ------------------------------------------------------------ 
 Location of 
 data points     *    Accuracy and quality of surveys used to locate drill     *    The collar locations were surveyed in WGS84 Zone 30 
                      holes (collar and down-hole surveys), trenches, mine          North using DGPS survey equipment, which is accurate 
                      workings and other locations used in Mineral Resource         to 0.11mm in both horizontal and vertical directions. 
                      estimation.                                                   All holes were surveyed by qualified surveyors. Once 
                                                                                    validated, the survey data was uploaded into 
                                                                                    Datashed. 
                 *    Specification of the grid system used. 
 
                                                                               *    RC drill holes were routinely down hole surveyed 
                 *    Quality and adequacy of topographic control.                  every 6m using a combination of EZ TRAC 1.5 (single 
                                                                                    shot) and Reflex Gyroscopic tools. 
 
 
                                                                               *    After the tenth drill hole, the survey method was 
                                                                                    changed to Reflex Gyro survey with 6m down hole data 
                                                                                    points measured during an end-of-hole survey. 
 
 
                                                                               *    All Phase 2 and 3 drill holes were surveyed initially 
                                                                                    using the Reflex Gyro tool, but later using the more 
                                                                                    efficient Reflex SPRINT tool. Phase 4 and 5 drill 
                                                                                    holes were surveyed using a Reflex SPRINT tool. 
 
 
                                                                               *    LiDAR survey Southern Mapping to produce rectified 
                                                                                    colour images and a digital terrain model (DTM) 
                                                                                    32km2, Aircraft C206 aircraft-mounted LiDAR Riegl 
                                                                                    Q780 Camera Hasselblad H5Dc with 50mm Fixfocus lens. 
 
 
                                                                               *    Coordinate system: WGS84 UTM30N with accuracy to 
                                                                                    +/-0.04. 
 
 
                                                                               *    The topographic survey and photo mosaic output from 
                                                                                    the survey is accurate to 20mm. 
 
 
                                                                               *    Locational accuracy at collar and down the drill hole 
                                                                                    is considered appropriate for resource estimation 
                                                                                    purposes. 
               ------------------------------------------------------------  ------------------------------------------------------------ 
 Data spacing 
 and             *    Data spacing for reporting of Exploration Results.        *    The RC holes were initially drilled on 100m spaced 
 distribution                                                                        sections and 50m hole spacings orientated at 300deg 
                                                                                     or 330deg with dips ranging from -50deg to -60deg. 
                 *    Whether the data spacing and distribution is                   Planned hole orientations/dips were occasionally 
                      sufficient to establish the degree of geological and           adjusted due to pad and/or access constraints. 
                      grade continuity appropriate for the Mineral Resource 
                      and Ore Reserve estimation procedure(s) and 
                      classifications applied.                                  *    Hole spacing was reduced to predominantly 40m spaced 
                                                                                     sections and 40m hole spacings. Holes are generally 
                                                                                     angled perpendicular to interpreted mineralisation 
                 *    Whether sample compositing has been applied.                   orientations at the Project. 
 
 
                                                                                *    Samples were composited to 1m intervals prior to 
                                                                                     estimation. 
               ------------------------------------------------------------  ------------------------------------------------------------ 
 Orientation 
 of data in      *    Whether the orientation of sampling achieves unbiased    *    The drill line and drill hole orientation are 
 relation to          sampling of possible structures and the extent to             oriented as close as practicable to perpendicular to 
 geological           which this is known, considering the deposit type.            the orientation of the general mineralised 
 structure                                                                          orientation. 
 
                 *    If the relationship between the drilling orientation 
                      and the orientation of key mineralised structures is     *    Most of the drilling intersects the mineralisation at 
                      considered to have introduced a sampling bias, this           close to 90 degrees ensuring intersections are 
                      should be assessed and reported if material.                  representative of true widths. It is possible that 
                                                                                    new geological interpretations and/or infill drilling 
                                                                                    requirements may result in changes to drill 
                                                                                    orientations on future programmes. 
 
 
                                                                               *    No orientation based sampling bias has been 
                                                                                    identified in the data. 
               ------------------------------------------------------------  ------------------------------------------------------------ 
 Sample 
 security         *    The measures taken to ensure sample security.            *    Samples were stored on site prior to road 
                                                                                     transportation by Company personnel to the SGS 
                                                                                     preparation laboratory. 
 
 
                                                                                *    With the change of laboratory to Intertek, samples 
                                                                                     were picked up by the contractor and transported to 
                                                                                     the sample preparation facility in Tarkwa. 
               ------------------------------------------------------------  ------------------------------------------------------------ 
 Audits or 
 reviews          *    The results of any audits or reviews of sampling        *    Prior to the drilling programme, a third-party 
                       techniques and data.                                         Project review was completed by an independent 
                                                                                    consultant experienced with the style of 
                                                                                    mineralisation. 
 
 
                                                                               *    In addition, Shaun Searle of Ashmore reviewed 
                                                                                    drilling and sampling procedures during the 2019 site 
                                                                                    visit and found that all procedures and practices 
                                                                                    conform to industry standards. 
               ------------------------------------------------------------  ------------------------------------------------------------ 
 

Appendix - JORC Table 1, Section 2, Reporting of Exploration Results

 
 Criteria         JORC Code explanation                                             Commentary 
---------------  ----------------------------------------------------------------  ---------------------------------------------------------------- 
 Mineral 
 tenement and       *    Type, reference name/number, location and ownership          *    Part of the Project is a joint-venture, with the 
 land tenure             including agreements or material issues with third                license in the name of the joint-venture party 
 status                  parties such as joint ventures, partnerships,                     (Barari DV Ghana). 
                         overriding royalties, native title interests, 
                         historical sites, wilderness or national park and 
                         environmental settings.                                      *    The southern portion of the deposit occurs within a 
                                                                                           wholly owned local subsidiary Green Metals Resources 
                                                                                           Ltd. 
                    *    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.                  *    The deposits are located on two licences Mankessim 
                                                                                           RL3/55 and Mankessim South PL109 
 
 
                                                                                      *    Mankessim South - (Green Metals Resources Ltd - 100% 
                                                                                           ALL) licence was renewed for three years and expires 
                                                                                           on 18(th) February 2023. 
 
 
                                                                                      *    Mankessim - (Barari DV Ghana Ltd - 90% ALL) was 
                                                                                           renewed for three years and expires on the 22(nd) of 
                                                                                           March 2024 
 
 
                                                                                      *    The licenses are in good standing with no known 
                                                                                           impediments. 
                 ----------------------------------------------------------------  ---------------------------------------------------------------- 
 Exploration 
 done by other      *    Acknowledgment and appraisal of exploration by other         *    Historical trenching and mapping were completed by 
 parties                 parties.                                                          the Ghana Geological survey during the 1960's. But 
                                                                                           for some poorly referenced historical maps, none of 
                                                                                           the technical data from this work was located. Many 
                                                                                           of the historical trenches were located, cleaned and 
                                                                                           re-logged. No historical drilling was completed . 
                 ----------------------------------------------------------------  ---------------------------------------------------------------- 
 Geology 
                    *    Deposit type, geological setting and style of                *    Pegmatite-hosted lithium deposits are the target for 
                         mineralisation.                                                   exploration. This style of mineralisation typically 
                                                                                           forms as dykes and sills intruding or in proximity to 
                                                                                           granite source rocks. 
 
 
                                                                                      *    Surface geology within the Project area typically 
                                                                                           consists of sequences of staurolite and 
                                                                                           garnet-bearing pelitic schist and granite with lesser 
                                                                                           pegmatite and mafic intrusives. Outcrops are 
                                                                                           typically sparse and confined to ridge tops with 
                                                                                           colluvium and mottled laterite blanketing much of the 
                                                                                           undulating terrain making geological mapping 
                                                                                           challenging. The hills are often separated by broad, 
                                                                                           sandy drainages . 
                 ----------------------------------------------------------------  ---------------------------------------------------------------- 
 Drill hole 
 information           *    A summary of all information material to the               *    All information has been included in the appendices. 
                            under-standing of the exploration results including a           No drill hole information has been excluded. 
                            tabulation of the following information for all 
                            Material drill holes: 
 
 
                       *    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. 
                 ----------------------------------------------------------------  ---------------------------------------------------------------- 
 Data 
 aggregation        *    In reporting Exploration Results, weighting averaging           *    All intersections are reported at a 0.4% Li20 cut-off 
 methods                 techniques, maximum and/or minimum grade truncations                 with maximum 4m of internal pegmatite dilution and no 
                         (e.g. cutting of high grades) and cut-off grades are                 internal waste lithologies whether schist or granite. 
                         usually Material and should be stated. 
 
                                                                                         *    No top-cut is applied as lithium pegmatites are a 
                    *    Where aggregate intercepts incorporate short lengths                 bulk industrial mineral. 
                         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              *    No metal equivalent values are being reported. 
                         aggregations should be shown in detail. 
 
 
                    *    The assumptions used for any reporting of metal 
                         equivalent values should be clearly stated. 
                 ----------------------------------------------------------------  ---------------------------------------------------------------- 
 Relationship 
 between            *    These relationships are particularly important in the        *    The drill line and drill hole orientation are 
 mineralisation          reporting of Exploration Results.                                 oriented as close to 90 degrees to the orientation of 
 widths and                                                                                the anticipated mineralised orientation as 
 intercept                                                                                 practicable. 
 lengths            *    If the geometry of the mineralisation with respect to 
                         the drill hole angle is known, its nature should be 
                         reported.                                                    *    The majority of the drilling intersects the 
                                                                                           mineralisation between 60 and 80 degrees. 
 
                    *    If it is not known and only the down hole lengths are 
                         reported, there should be a clear statement to this          *    Where drilling has drilled down-dip of a known 
                         effect (e.g. 'down hole length, true width not                    pegmatite, it is reported as such. 
                         known'). 
                 ----------------------------------------------------------------  ---------------------------------------------------------------- 
 Diagrams 
                    *    Appropriate maps and sections (with scales) and              *    Relevant plans and selected cross-sections have been 
                         tabulations of intercepts should be included for any              included within the release. 
                         significant discovery being reported. These should 
                         include, but not be limited to a plan view of drill 
                         hole collar locations and appropriate sectional 
                         views. 
                 ----------------------------------------------------------------  ---------------------------------------------------------------- 
 Balanced 
 Reporting          *    Accuracy and quality of surveys used to locate drill         *    All hole collars were surveyed WGS84 Zone 30 North 
                         holes (collar and down-hole surveys), trenches, mine              grid using a differential GPS. All RC and DD holes 
                         workings and other locations used in Mineral Resource             were down-hole surveyed with a north-seeking 
                         estimation.                                                       gyroscopic tool. 
 
 
                    *    Where comprehensive reporting of all Exploration             *    All exploration results are being reported. 
                         Results is not practicable, representative reporting 
                         of both low and high grades and/or widths should be 
                         practiced to avoid misleading reporting of 
                         Exploration Results. 
                 ----------------------------------------------------------------  ---------------------------------------------------------------- 
 Other 
 substantive        *    Other exploration data, if meaningful and material,          *    Drill hole intersections were calculated from drill 
 exploration             should be reported including (but not limited to):                hole assay data, with geological logging used to aid 
 data                    geological observations; geophysical survey results;              interpretation of mineralised contact positions. 
                         geochemical survey results; bulk samples - size and 
                         method of treatment; metallurgical test results; bulk 
                         density, groundwater, geotechnical and rock                  *    No other exploration data are being reported. 
                         characteristics; potential deleterious or 
                         contaminating substances. 
                 ----------------------------------------------------------------  ---------------------------------------------------------------- 
 Further work 
                    *    The nature and scale of planned further work (e.g.           *    Drilling results for a planned infill and extensional 
                         tests for lateral extensions or depth extensions or               drilling programme are being reported. 
                         large- scale step-out drilling). 
 
                                                                                      *    Follow up RC and DD drilling may be undertaken once 
                    *    Diagrams clearly highlighting the areas of possible               all results from the drilling programme are reviewed; 
                         extensions, including the main geological                         either along strike or down-dip of the known 
                         interpretations and future drilling areas, provided               pegmatites. 
                         this information is not commercially sensitive. 
 
                                                                                      *    Drill spacing is currently considered adequate for 
                                                                                           the current level of interrogation of the Project. 
                 ----------------------------------------------------------------  ---------------------------------------------------------------- 
 

end

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