ANNUAL RESOURCE & RESERVE STATEMENT

DECEMBER 2022

31 March 2023
ASX: GRR.

GRANGE RESOURCES LIMITED

Australia’s most experienced magnetite producer
Update to Savage River Mineral Resources and Ore Reserves
December 2022 Resource - Reserve Statement
Savage River Operations, Tasmania

HIGHLIGHTS
• Mineral Resources & Ore Reserves have been estimated for Grange’s Savage
River magnetite deposits in Tasmania, as at 31 December 2022.

• 9,766m (30 holes) of diamond drilling have been completed.

• The additional drilling has improved resource and reserve confidence; orebody
knowledge; geotechnical models; and waste characterisation.
• Mineral Resources have slightly decreased to 485 million tonnes @ 44.5% DTR,
a decrease of 0.8 million tonnes due to a balance of depletion and drilling
updates.
• Ore Reserves at Savage River decreased to 96.7MT @ 46.7% DTR. This 6.4Mt
decrease in Ore Reserves from the previous statement is attributed to mining
depletion and resource model adjustment from new drilling in 2022.
• A Definitive Feasibility Study (DFS) for underground mining is in progress and a
declaration of an underground Ore Reserve has not yet been made. This is
dependent on the outcomes of the DFS and integration with the open pit
mining schedules.
ANNUAL RESOURCE & RESERVE STATEMENT
DECEMBER 2022

The resource consists of 485.0 million tonnes at 44.5% DTR (above a cut-off of 15% DTR) as detailed
in table 1 and the reserve consists of 96.5 million tonnes at 46.7% DTR (above a cut-off of 15% DTR)
as detailed in table 2.
Table 1 Savage River Mineral Resource Estimate

Measured Indicated Inferred TOTAL

Resources Resources Resources Resources
Tonnes (Mt) 173.0 172.6 139.4 485.0
DTR (%) 51.5 41.8 37.4 44.5
Fe (%) 67.9 68.1 68.8 68.3
Ni (%) 0.04 0.05 0.03 0.04
TiO2 (%) 0.82 0.68 0.64 0.72
MgO (%) 1.82 1.36 1.15 1.46
P (%) 0.006 0.007 0.007 0.007
V (%) 0.36 0.35 0.35 0.35
S (%) 0.07 0.11 0.08 0.09

• Elemental compositions were measured from Davis Tube Concentrate

• Above a cut-off grade of 15% DTR
• Stockpiles were included in this summary table and are itemised separately in tables of individual mining pits and
aggregated stockpiles.

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Table 2 Savage River Ore Reserve Estimate

Proved Probable TOTAL

Reserves Reserves Reserves
Tonnes (Mt) 69.0 27.7 96.7
DTR (%) 49.3 40.1 46.7
Fe (%) 68.1 67.5 67.9
Ni (%) 0.03 0.04 0.04
TiO2 (%) 0.81 0.71 0.78
MgO (%) 1.71 1.78 1.73
P (%) 0.006 0.009 0.007
V (%) 0.38 0.36 0.38
S (%) 0.06 0.10 0.08

• Elemental compositions were measured from Davis Tube Concentrate

• Above a cut-off grade of 15% DTR
• Stockpiles were included in this summary table and are itemised separately in tables of individual mining pits and
aggregated stockpiles.

The Mineral Resource and Ore Reserve have been estimated by the company’s technical staff assisted
by external consultants and are reported in accordance with the guidelines of the JORC Code (2012
edition).

Independent technical reviews were performed by AMC Consultants Pty Ltd (AMC) in 2019 & 2020
regarding the resource estimation process and the reserve estimation of Centre Pit. AMC considered,
based on the available information, Mineral Resource estimates have been completed using accepted
practice.

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INTRODUCTION
This document has been prepared to summarise the Mineral Resource and Ore Reserve of Grange
Resources’ magnetite deposits, located at Savage River and Long Plains in Tasmania.

This statement covers the material remaining at the end of December 2022 and contains summary
details on the history of Savage River, the geology of the deposit and information involved in
producing Mineral Resource and Ore Reserve estimates.

LOCATION
The Savage River Mine and concentrator plant are located approximately 100km south west by sealed
road from Burnie. The pelletising plant and dedicated port facilities at Port Latta are located 70
kilometres northwest by sealed road from Burnie (Figure 2).

Local topography surrounding the mine is rugged, with incised valleys and steep hills. The west flowing
Savage River dissects the deposit. Regional vegetation includes undisturbed rain forest with the mine
area comprising wet eucalypt, acacia and open heath land. Climate is wet temperate with an average
annual rainfall of 1,950mm and mean monthly temperatures ranging from 3-19°C.

Figure 1 Savage River Project Location

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ANNUAL RESOURCE & RESERVE STATEMENT
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TENURE
Grange Resources operates under the conditions
of Mining Lease 2M/2001 which consolidates and
expands the previous lease 11M/97. This lease
stands for 30 years from 2001, encompassing a
total of 4,975 hectares.

The mining lease encompasses the Savage River

Mine and concentrator, and the pelletising plant,
wharf and shipping facilities located on the north
west coast at Port Latta. The operation and
facilities were previously held under Mining Lease
44M/66 when Pickands Mather & Co
International (PMI) were the managers of the
project until 1997.

Mining lease 14M/2007 was granted in May 2008

to extend the coverage of 2M/2001 for a total of
91 hectares. Another lease, 11M/2008 was
granted in August 2009 to extend coverage by a
further 108 hectares. This lease was renewed 18
Dec 2017 and expires in 2031. 4M/2019 (235Ha)
was granted 17 August 2020 and expires
7/10/2031.

Exploration licence EL30/2003 was granted in

February 2010. The current 2-year tenure period Figure 2: Tenements as at Dec 2022
expires on the 18 June 2023, is renewable via a
successful extension of term application. Grange is currently on its seventh extension of term and an
application for a further extension will be made prior to the renewal date. This license covers the
entire Long Plains deposit. The lease comprises 38 sq km and adjoins 2M/2001 to the north. EL30/2003
covers all potential mining infrastructure sites and haulage routes envisaged should the Long Plains
magnetite deposits prove up to be economical and progress to mining.

Grange was granted an exploration licence application “Pipeline Road” shown as EL8/2014 for an 11sq
km lease north of 2M-2001 in 2014 and this licence is currently on its third extension of term which
expires on 29 July 2023. An application for a further extension for EL30-2003 and EL8-2014 will be
made 3 months prior to the renewal dates in 2023.

All leases and licences previously held by Australian Bulk Minerals (ABM) were transferred to Grange
Resources Tasmania following the merger in January, 2009.

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PROJECT HISTORY
Ironstone outcrops around the Savage River were first discovered by State Government surveyor C.P.
Sprent in early 1887 during one of his exploration journeys through western Tasmania. The deposits
were first reported as a possible source of iron ore in 1919.

Systematic exploration techniques were employed by the Australian Bureau of Mineral Resources
during 1956 that included ground and airborne magnetic surveys. The largest magnetic anomaly was
detected at Savage River with two smaller anomalies being detected at Long Plains and Rocky River
further to the south (Figure 3).

Diamond drilling commenced during the late 1950’s and into the 1960’s largely by Industrial and
Mining Investigations Pty Ltd (IMI).

In 1965, Savage River Mines Ltd, a joint venture of Australian, Japanese, and American interests was
formed to develop the project. PMI (Pickands Mather International) developed an open cut mine,
concentrator plant and township at Savage River to access the magnetite reserve. A pipeline from the
concentrator plant to the pelletising plant and dedicated port facilities at Port Latta located on the
northwest coast were also constructed.

Mining commenced in 1967 to supply a consortium of Japanese steel mills with 45 million tonnes of
pelletised iron ore over a twenty-year period. Annual pellet production reached a maximum of 2.4
million tonnes per annum during the period.

The Savage River Project was operated for the full term of a thirty-year lease by PMI. In early 1997,
PMI ceased mining activities at Savage River, transferring ownership of the Savage River Project to the
Tasmanian Government on March 26, 1997.

At the end of March 1997, ABM purchased the assets of the Savage River Project from the Tasmanian
Government. Following this purchase, ABM continued mining the existing pits through a series of cut-
back operations, mined the previously undeveloped South Deposit, and began exploration around the
Long Plains area.

In January 2009 Grange Resources merged with ABM and has continued to operate the open pit
operation and further develop the mineral assets.

In 2021 a Pre-feasibility Study (PFS) was completed into the potential for an underground mine within
the north pit resources. The PFS successfully determined that underground mining was technically
and economically feasible and the study moved into Definitive Feasibility Study (DFS) in 2022.

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GEOLOGY
The Savage River magnetite deposit lies within
and near the eastern margin of the Proterozoic
Arthur Metamorphic Complex in north western
Tasmania. This complex is exposed along a
northeast-southwest trending structural
corridor, the Arthur Lineament, which separates
Proterozoic sedimentary rocks to the northwest
from a variety of Palaeozoic rocks to the
southeast.

The magnetite deposits at Savage River represent

the largest of a series of discontinuous lenses
that extend in a narrow belt for some 25
kilometres south of the Savage River Township.
The deposit is subdivided into sections on the
Figure 3: Savage River Regional Magnetics
basis of areas that have been mined. The areas
are referred to as North Pit, South Lens, Centre
Pit, and South Deposit (Figure 3).

Magnetite ore is almost entirely enclosed within a highly sheared and strike-faulted belt of mafic and
ultramafic rocks specifically serpentinite and talc-carbonate schist. The magnetite ranges in thickness
from 40 to 150 metres in width and is termed the Main Ore Zone (MOZ).

Narrow (<20metre) lenses and layers also occur in the mafic sequence to the west. The mafic sequence
comprises chlorite-calcite-albite schist and layered green amphibole-chlorite-albite schist.

A suite of late, strongly deformed metabasalt and metadolerite intrusive dykes occur either sub-
parallel to or cut obliquely across the MOZ. Vein magnesite occurs adjacent to the MOZ with
significant bodies developed in the east at South Lens and at the west in North Pit.

The magnetite ores comprise three volumetrically important groups: pyritic ores, ores associated with
serpentine and talc-carbonate ores. The ore may be massive, layered, or disseminated and range from
being fine-grained to coarsely crystalline. Accessory mineral phases may include talc, tremolite,
actinolite, chlorite, epidote, apatite and carbonate in varying amounts. The mineral assemblages
preserved at Savage River imply middle to upper green-schist facies metamorphic conditions.

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EXPLORATION, DRILLING, SAMPLING AND ANALYSIS

Exploration and resource definition over recent years at Savage River has involved dominantly
diamond drilling with minor reverse circulation (RC) drilling.

In 2022, there were 5,524m (19 holes) of diamond drilling completed on surface for the Centre Pit
Drilling Project for resource definition; orebody knowledge; geotechnical modelling and waste
characterisation purposes. There was 2,570m (6 holes) drilled from underground and 1,672m (5 holes)
drilled from surface for North Pit Underground (NPUG) resource definition.

Regarding the drilling program, core recoveries are generally high in the ore zones at Savage River
(>90%) and there are no significant core recovery issues. Drill collars are surveyed using a combination
of conventional surveying (total station) and/or high resolution RTK GPS.

All samples used in resource estimation are taken from diamond drill core of either HQ or NQ size or
from reverse circulation drill holes employing a 140mm face sampling hammer.

Core was half core sampled as standard practice and rarely full core sampled to confirm historic drill
intercepts or for metallurgical testing. Sampled length is generally between 0.75m to 2m within
lithological units to preserve volume variance and to provide sample weights of 3kg. Reverse
circulation drilling was used to give uniform 1m samples by cone or riffle splitter resulting in a 3kg
sample. Field quality control procedures included insertion of prepared sample standards at a rate of
1:25 and limited field duplicate samples on the RC suite of samples.

Sample preparation techniques were industry standard for magnetite ores and used the sub-sampling
protocol as recommended by the Savage River Laboratory. Sample preparation was conducted at an
external NATA-accredited laboratory for both core and RC chips. The subsampling process for RC was
identical to that of the core except for the coarse crush stage. For drill core, the core was first analysed
for bulk density by immersion in water. All mineralised core samples have had a density determination
completed. The half core samples were oven dried at 110 degrees for 12 hours, then coarse crushed
to minus 2mm in a Boyd crusher then split to ~3kg, crushed again to 90% passing 1.7mm and split
again with a 150g sub-sample taken for pulverising to 98% passing 75 microns.

A pulp sub-sample was collected analysed at Savage River’s mine lab by Davis Tube Recovery.

The primary assay technique is Davis Tube Recovery (DTR) on a 10g sample, followed by Ferrous Iron
(Fe2+) via Satmagan and S, total Fe, TiO2, MgO, V, P, S and Ni via XRF on the Davis Tube Concentrate
(DTC) via XRF. All techniques are considered total. DTR is the most appropriate assay technique for
determination of magnetite recovery. All DTR samples were completed on the mine site using the
Savage River DTR technique. This technique has been used for 50 years and is supported by pit
reconciliations.

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All logging and assay data is stored in a database which was validated against original log sheets. The
database includes holes drilled by Savage River Mines Limited, ABM and more recent holes drilled by
Grange Resources.

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GEOLOGICAL INTERPRETATION AND RESOURCE ESTIMATION

Geological controls and relationships were used to define estimation domains with mostly hard
boundaries, based on sharp mineralisation contacts and grade boundaries. A nominal grade cut-off of
15%DTR is a natural grade boundary between magnetite lenses and disseminated wall-rocks. This cut-
off was used to help define the mineralised envelope within which the higher-grade sub domains were
interpreted. 3D wireframes were used to code the drilling intersects and select samples within each
domain.

The North Pit 2022 wireframing utilised the recent drilling completed in 2022. The updated domains
contained less discreet lens of internal low grade and internal waste but more low-grade and waste
incorporated into the Main Ore Zone Domain (MOZ). The updated wireframes for the MOZ and
Western Lens (WL) resulted in a slight increase in tonnes. Category Indicator Kriging (CIK) was run on
MOZ domain to discriminate high grade (>35% DTR), low grade (35% < 15% DTR) and internal waste
domains. Geologists completed a review the adjusted wireframes and resolved interpretation
conflicts between MOZ and WL.

Sample data at Savage River were generally composited to 1 metre down hole length using a best fit-
compositing method. Residual samples (those composite intervals for which there was less than 75%
of the composite length) were considered biased and hence were not included in the estimate.

Block models were prepared for each part of the deposit using Surpac Software. Block sizes at Savage
River are:
• North Pit 5mE by 5mN by 5mRL parent block size with sub-celling to 2.5mE by 2.5mN by
2.5mRL for North Pit,
• Centre Pit 5mE by 15mN by 5mRL parent block size with sub-celling to 2.5mE by 3.75mN by
2.5mRL
• Long Plains were assigned a 10mE by 25mN by 10mRL parent block size with sub-celling to
1.25mE by 6.25mN by 2.5mRL owing to the thinner mineralised magnetite lenses at Long
Plains.
Models were estimated using Ordinary Kriging for the main deposits with Inverse Distance Cubed
weighting estimation techniques employed for the Sprent pit resource. Geostatistical analysis,
including variography studies to develop spatial estimation parameters were prepared for each of the
major areas of mineralisation by Optiro Consultants. These parameters were used to assist in the
classification of the resource. The Snowden Optiro estimate for North Pit was completed in 2022 and
is used for this report.

Mineral Resources have been classified on the basis of confidence in geological and grade continuity
using the drilling density, geological model, modelled grade continuity and conditional bias measures
(kriging efficiency where available). Assessment for Reasonable Prospects of Eventual Economic
Extraction (RPEEE) was undertaken and based on a review of mineable shapes by open cut or
underground methods and economic viability at historical market highs. Areas below a pit shell with

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unlikely prospectivity or for extraction from underground with a true width less than 20 metres were
manually removed.

Block model validation results show good correlation between the input data to the estimated grades.
The mineralised domains have demonstrated sufficient geological and grade continuity to support the
definition of a Mineral Resource, and classifications were applied under the guidelines of the JORC
Code (2012 Edition).

There has been no material change to the Centre Pit Mineral Resource since the last statement. There
are 6 new drillholes that will be included in the 2023 resource estimate and it is not anticipated to
amount to a material change.

There have been no other changes over the last year to the Mineral Resource for South Deposit, Sprent
or Long Plains.

Oxidised hematite mineralisation is not included in the any of the resource estimation.

Mineral Resources at the Savage River Mine including Long Plains are as at the end of December 2022.
Mineral Resources are categorised in accordance with the guidelines established in the JORC Code
(2012 Edition). Estimated Measured and Indicated Mineral Resources are inclusive of those Mineral
Resources modified to produce the estimated Ore Reserves.

Some Mineral Resources such as, Sprent and Long Plains have not had the required level of studies
completed to report any Ore Reserves associated with those deposits. They are considered to meet
the Mineral Resource requirement of having reasonable prospects of future eventual economic
extraction.

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ORE RESERVES
Measured and Indicated Mineral Resources are considered for conversion to Ore Reserves, based on
assessment against an optimised pit design and with respect to the modifying factors. The Mineral
Resource is inclusive of the Ore Reserve.

The Ore Reserve estimation for Savage River includes Mineral Resources from North Pit and Centre
Pit. Ore Reserves were developed as part of Feasibility Studies completed in September 2006 and a
further feasibility study on Centre Pit was completed in October of 2019. Ore Reserves have continued
to be developed during the annual review of the Savage River Life of Mine Plan.

Pit designs are based on optimised shells determined using Geovia Whittle software. The cut-off grade
of 15%DTR was determined as part of feasibility studies and is reviewed periodically. Current mining
and recovery factors are applied to account for mining practices of conventional bulk mining methods
utilizing hydraulic face shovels, excavators, dump trucks and conventional drill and blast processes.
These are based on reconciliations calculated periodically for the different areas of the deposit.
Metallurgical factors are applied to account for mill performance. The overall pit slope criteria used
for the design and optimisation are based on ongoing geotechnical studies which are reviewed and
updated on an annual basis as part of Grange Resource’s Life of Mine Planning process.

Between Dec 2021 and Dec 2022 Ore Reserves at North pit reduced by 4.4 million tonnes to 65.5
million tonnes, due to mining depletion. Proven Reserves reduced by 0.5 million tonnes and Probable
Reserves decreased by 3.9 million tonnes. This movement is owing to a decision to classify all ore
reserves within the final west wall cut back of North Pit as meeting the lower confidence classification
of a Probable Ore Reserve. Total North Pit Ore Reserves less mining depletion remain in line with
previous reports.

The Tasmanian EPA issued final approval for Centre Pit mining in Q2, 2022. Obtainment of the
approval has allowed the upgrading of some Probable Ore Reserves in Stage 2 and 3 of Centre Pit to
meet the requirements of Proven Ore Reserves.

Estimates of Ore Reserves at the Savage River Mine are as at the end of December 2022. Ore Reserves
are categorised in accordance with the guidelines established in the JORC Code (2012 Edition). The
following tables represent the Mineral Resource for each part of the deposit. In each case, elemental
compositions were measured from Davis Tube Concentrate. A cut-off of 15%DTR was used in the
calculation of Ore Reserves.

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MINERAL RESOURCE ESTIMATE BY DEPOSIT

The following tables represent the Mineral Resource for each part of the deposit. In each case,
elemental compositions were measured from Davis Tube Concentrate. A cut-off of 15%DTR was used
in the calculation of Mineral Resources.

Table 3 North Pit Mineral Resources December 2022

Measured Indicated Inferred TOTAL

Resources Resources Resources Resources
Tonnes (Mt) 126.0 76.1 37.7 239.8
DTR (%) 53.6 39.2 36.7 46.4
Fe (%) 67.8 67.7 68.0 67.8
Ni (%) 0.03 0.04 0.04 0.04
TiO2 (%) 0.95 0.90 0.91 0.93
MgO (%) 2.01 1.66 1.68 1.85
P (%) 0.004 0.006 0.004 0.005
V (%) 0.35 0.34 0.33 0.34
S (%) 0.04 0.08 0.06 0.06

Table 4 South Deposit Mineral Resources December 2022

Measured Indicated Inferred TOTAL

Resources Resources Resources Resources
Tonnes (Mt) 2.0 3.8 5.2 11.0
DTR (%) 40.3 47.9 49.1 47.1
Fe (%) 67.0 67.7 67.7 67.6
Ni (%) 0.07 0.07 0.06 0.07
TiO2 (%) 0.57 0.64 0.67 0.64
MgO (%) 2.03 1.70 1.51 1.67
P (%) 0.010 0.010 0.010 0.010
V (%) 0.27 0.28 0.28 0.28
S (%) 0.13 0.15 0.15 0.15

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Table 5 Centre Pit Mineral Resources December 2022

Measured Indicated Inferred TOTAL

Resources Resources Resources Resources
Tonnes (Mt) 40.1 65.2 14.0 119.3
DTR (%) 51.9 47.1 45.4 48.5
Fe (%) 68.3 68.3 68.4 68.3
Ni (%) 0.05 0.05 0.04 0.05
TiO2 (%) 0.43 0.45 0.43 0.44
MgO (%) 1.20 1.18 1.00 1.17
P (%) 0.010 0.010 0.010 0.010
V (%) 0.39 0.38 0.33 0.38
S (%) 0.16 0.15 0.17 0.16

Table 6 Sprent Mineral Resources December 2022

Measured Indicated Inferred TOTAL

Resources Resources Resources Resources
Tonnes (Mt) 0.0 2.1 0.3 2.4
DTR (%) 0.0 51.1 49.8 51.0
Fe (%) 0.0 69.6 70.8 69.8
Ni (%) 0.00 0.06 0.02 0.06
TiO2 (%) 0.00 0.50 0.18 0.46
MgO (%) 0.00 0.75 0.47 0.72
P (%) 0.000 0.008 0.010 0.008
V (%) 0.00 0.43 0.46 0.44
S (%) 0.00 0.27 0.06 0.24

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Table 7 Long Plain Mineral Resources December 2022

Measured Indicated Inferred TOTAL

Resources Resources Resources Resources
Tonnes (Mt) 0.0 25.4 82.2 107.6
DTR (%) 0.0 33.9 35.6 35.2
Fe (%) 0.0 68.9 69.4 69.3
Ni (%) 0.00 0.05 0.03 0.03
TiO2 (%) 0.00 0.63 0.56 0.57
MgO (%) 0.00 0.91 0.92 0.91
P (%) 0.000 0.004 0.007 0.007
V (%) 0.00 0.33 0.36 0.35
S (%) 0.00 0.05 0.07 0.07

Table 8 Stockpile Mineral Resources December 2022

Stockpiles-Measured Tonnes (Mt) Grade (%DTR)

Crushed Ore 0.09 45.6
In-pit Broken stocks 4.80 46.5
Total 4.89 46.5

Table 9 Total Mineral Resources Savage River December 2022

Measured Indicated Inferred TOTAL

Resources Resources Resources Resources
Tonnes (Mt) 173.0 172.6 139.4 485.0
DTR (%) 51.5 41.8 37.4 44.5
Fe (%) 67.9 68.1 68.8 68.3
Ni (%) 0.04 0.05 0.03 0.04
TiO2 (%) 0.82 0.68 0.64 0.72
MgO (%) 1.82 1.36 1.15 1.46
P (%) 0.006 0.007 0.007 0.007
V (%) 0.36 0.35 0.35 0.35
S (%) 0.07 0.11 0.08 0.09

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Figure 4 Total Resources Grade Tonnage Curve December 2022

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ORE RESERVE ESTIMATE BY DEPOSIT

Estimates of Ore Reserves at the Savage River Mine are as at the end of December 2022. Ore Reserves
are categorised in accordance with the guidelines established in the JORC Code (2012 Edition). The
following tables represent the Ore Reserves for each part of the deposit. In each case, elemental
compositions were measured from Davis Tube Concentrate. A cut-off of 15% DTR was used in the
calculation of Ore Reserves.

Table 10 North Pit Ore Reserve Estimate December 2022

Proved Probable TOTAL

Reserves Reserves Reserves
Tonnes (Mt) 47.4 18.1 65.5
DTR (%) 51.1 40.1 48.1
Fe (%) 67.8 67.2 67.7
Ni (%) 0.03 0.04 0.03
TiO2 (%) 0.95 0.87 0.93
MgO (%) 1.92 1.98 1.94
P (%) 0.005 0.006 0.005
V (%) 0.36 0.33 0.35
S (%) 0.04 0.08 0.05

Table 11 Centre Pit Ore Reserves - December 2022

Proved Probable TOTAL

Reserves Reserves Reserves
Tonnes (Mt) 16.7 9.6 26.3
DTR (%) 44.9 40.0 43.1
Fe (%) 68.9 68.1 68.6
Ni (%) 0.05 0.05 0.05
TiO2 (%) 0.43 0.39 0.42
MgO (%) 1.12 1.40 1.22
P (%) 0.008 0.015 0.011
V (%) 0.45 0.40 0.43
S (%) 0.13 0.16 0.14

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Table 12 Stockpiles Ore Reserves December 2022

Stockpiles-Measured Tonnes (Mt) Grade (%DTR)

Crushed Ore 0.09 45.6
In-pit Broken stocks 4.80 46.5
Total 4.89 46.5

Table 13 Total Ore Reserves Savage River December 2022

Proved Probable TOTAL

Reserves Reserves Reserves
Tonnes (Mt) 69.0 27.7 96.7
DTR (%) 49.3 40.1 46.7
Fe (%) 68.1 67.5 67.9
Ni (%) 0.03 0.04 0.04
TiO2 (%) 0.81 0.71 0.78
MgO (%) 1.71 1.78 1.73
P (%) 0.006 0.009 0.007
V (%) 0.38 0.36 0.38
S (%) 0.06 0.10 0.08

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MINERAL RESOURCE & ORE RESERVE GOVERNANCE

In accordance with ASX Listing Rule 5.21.5, governance of the development and management of
Grange’s Mineral Resource and Ore Reserve is a key responsibility of Senior Management.

Grange’s senior staff designated with responsibility for internal review of the JORC Mineral Resources
and Ore Reserves include:

• Roger Hill – Senior Geology Manager

• Matthew Anderson - Savage River Mine Manager
• Nicholas van der Hout – Technical Services Manager
• Ben Maynard – Chief Operating Officer

These staff oversee the planning and implementation of exploration and resource evaluation
programs. The evaluation process incorporates internal skills and knowledge in operation and project
management, downstream processing, and commercial/financial areas of the business.

The Chief Operating Officer, in consultation with senior staff, facilitates the planning, monitoring, and
the estimation and reporting of resources and reserves. The process is reviewed by an internal peer
review team. External consultants are also utilised to supplement internal resources in the estimation
process, with independent technical review undertaken as required.

Mineral Resource and Ore Reserve reporting is based on substantiated geological and mining
assumptions and prepared in accordance with the Australasian Joint Ore Reserves Committee (JORC)
Code 2012.

Grange reports Mineral Resources and Ore Reserves on an annual basis. Competent Persons named
are members of the Australasian Institute of Mining and Metallurgy (AusIMM) and qualify as
Competent Persons as defined in the JORC Code 2012.

COMPETENT PERSON STATEMENT

The information in this report that relates to Mineral Resources and Ore Reserves is based on
information compiled by Mr Ben Maynard, a Competent Person who is a Member of The Australasian
Institute of Mining and Metallurgy. Mr Maynard is a full-time employee, holds shares in Grange
Resources, and is eligible to participate in short- and long-term incentive schemes.

Mr Maynard has sufficient experience which 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 Maynard consents to the inclusion in the report of the matters based on his information in the
form and context in which it appears.

34a Alexander St, Burnie Tasmania 7320 Page 19 of 99

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ABOUT GRANGE RESOURCES

Grange Resources Limited (Grange or the Company), ASX Code: GRR, is Australia’s most experienced
magnetite producer with over 55 years of mining and production from its Savage River mine and has
a projected mine life beyond 2035. Grange produces a high-quality iron ore pellet with low levels of
impurities that support reduced environmental impacts for end users.

Grange’s operations consist principally of owning and operating the Savage River integrated iron ore
mining and pellet production business located in the north-west region of Tasmania. The Savage River
magnetite iron ore mine is a long-life mining asset. At Port Latta, on the north-west coast of Tasmania,
Grange owns a downstream pellet plant and port facility producing more than two million tonnes of
premium quality iron ore pellets annually.

Grange has a combination of spot and contracted sales arrangements in place to deliver its pellets to
customers throughout the Asia Pacific region. In addition, Grange is a majority joint venture partner
in a major magnetite development project at Southdown, near Albany in Western Australia.

Contacts

Investors:
Honglin Zhao, CEO
Grange Resources Limited
Phone: + 61 3 6430 0222
Email: [email protected]
Website: www.grangeresources.com.au

-ENDS-

34a Alexander St, Burnie Tasmania 7320 Page 20 of 99

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APPENDIX A - JORC TABLE 1 SAVAGE RIVER

Note: All comments refer to all deposits on the Savage River Mining Lease; comprising North Pit, Centre Pit North, Centre Pit South, Sprent and South Deposit (and
to Long Plains on an adjacent exploration lease) unless individually identified as being related to a particular prospect.

SECTION 1: SAMPLING TECHNIQUES AND DATA

Criteria Sampling Techniques and Data Comments
Sampling • Nature and quality of sampling (e.g. cut channels, random • The deposits were sampled using diamond drilling (DD) with limited Reverse Circulation (RC) pre-collaring.
techniques chips, or specific specialised industry standard measurement Drilling was conducted on approximately 50-100m spaced sections orientated perpendicular to the overall
tools appropriate to the minerals under investigation, such as orebody strike. On section spacing (down-dip) varies but is commonly 50-70m. The mineralisation is sub-
down hole gamma sondes, or handheld XRF instruments, etc.). vertical, and the holes are typically inclined at -60°.
These examples should not be taken as limiting the broad • All recent samples are assayed for DTR, Fe2+, Total Fe, Ni, TiO2, MgO, P, V, S, CaO, SiO2 and Al2O3.
meaning of sampling.
• Include reference to measures taken to ensure sample • The drill hole locations are surveyed, and down-hole surveys were completed.
representivity and the appropriate calibration of any • Diamond core was used to obtain the best possible sample quality for lithology, structural, grade and density
measurement tools or systems used. information.
• Aspects of the determination of mineralisation that are • Drilling of Diamond core was a combination of HQ and NQ sizes. All resource drilling has been drilled with
Material to the Public Report. In cases where ‘industry triple tube equipment since 2005.
standard’ work has been done this would be relatively simple • Samples were controlled based on geological contacts and generally no more than 2m in length. Sample
(e.g. ‘reverse circulation drilling was used to obtain 1 m selection was nominally >=0.75m and <=1.25m.
samples from which 3 kg was pulverised to produce a 30 g
charge for fire assay’). In other cases more explanation may be • All core samples were half cored. Core was split by diamond sawing.
required, such as where there is coarse gold that has inherent • Samples were dried, crushed, split and pulverised to nominally 98% passing 75µm for Davis Tube Recovery
sampling problems. Unusual commodities or mineralisation (DTR) determination.
types (e.g. submarine nodules) may warrant disclosure of
detailed information.
Drilling techniques • Drill type (e.g. core, reverse circulation, open-hole hammer, • Samples used in the resource estimation were taken from diamond drill core of either HQ or NQ size or RC
rotary air blast, auger, Bangka, sonic, etc.) and details (e.g. core samples.
diameter, triple or standard tube, depth of diamond tails, face- • 80% of holes informing the resource were diamond holes and 13% were reverse circulation (RC) holes. 5% of
sampling bit or other type, whether core is oriented and if so, the total were percussion holes (isolated to CP resource) and 2% other hole types.
by what method, etc.).
• RC pre-collars were used in only 16% of the Long Plains campaign 2011-2013 to reduce drilling cost. RC was
drilled to refusal and holes completed with diamond tails. (10 holes for 2,592m drilling in 2012-3)
ANNUAL RESOURCE & RESERVE STATEMENT
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Criteria Sampling Techniques and Data Comments

• Sonic pre-collars were used in the 2018 CP drilling campaign to penetrate waste dumps over-lying the
remaining ore in Centre Pit North. Sonic pre-collars were typically 50-80m in inclined HQ3 diamond holes. (9
holes for 1,862m drilled in 2018)
• Where appropriate core was oriented using triple tube drilling techniques and employing Reflex orientation
system on drill rigs.
Drill sample • Method of recording and assessing core and chip sample • Core recoveries were recorded in the geotechnical logs and in the sample records.
recovery recoveries and results assessed. • Core recoveries in the ore zones at Savage River are generally high (>90%) and there are no significant core
recovery issues. Drill core from the 2018-2022 drilling programs returned an average of 97% core recovery.
• RC chip recoveries are also high. Recoveries below 80% have been recorded in the sample sheets. These
poorer recoveries were typically in very wet holes. Most RC holes terminate when they encounter the water
table and thereafter, diamond tails are utilised to finish the hole.
• Measures taken to maximise sample recovery and ensure • Drilling penetration rates were controlled in order to maximise recovery in ore zones.
representative nature of the samples.
• Whether a relationship exists between sample recovery and • No relationship between sample recovery and grade is known at Savage River.
grade and whether sample bias may have occurred due to
preferential loss/gain of fine/coarse material.
Logging • Whether core and chip samples have been geologically and • Core samples from all deposits have been logged for lithology, mineralogy, alteration and mineralisation.
geo-technically logged to a level of detail to support • Geotechnical logging is undertaken routinely. detailed geotechnical logging is completed on oriented holes.
appropriate Mineral Resource estimation, mining studies and Holes since 2018 are fully geotechnically oriented, logged including domain and structural defects. Logging is
metallurgical studies. both qualitative and quantitative.
• The level of detail is sufficient to support Mineral Resource estimation, mining studies and metallurgical
studies.
• Whether logging is qualitative or quantitative in nature. Core • Logging is a combination of qualitative and quantitative.
(or costean, channel, etc.) photography. • Core was photographed wet and dry. No photos were available for the oldest core.
• The total length and percentage of the relevant intersections • All core and RC chips were fully logged.
logged.
Sub-sampling • If core, whether cut or sawn and whether quarter, half or all • Core was half core sampled as standard practice and rarely full core sampled in the very few older holes.
techniques and core taken. • Core was cut using a diamond impregnated saw blade on site at the Savage River core farm.
sample • Core is cut on the centre axis and has no offset. The ore is relatively massive and the preferred orientation
preparation for core sawing is just left of the orientation line and along the centre line for non-oriented core. .

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Criteria Sampling Techniques and Data Comments

• If non-core, whether riffled, tube sampled, rotary split, etc. and • RC samples passed through a cyclone with dust collector and were split at the drill rig using a three stage
whether sampled wet or dry. riffle splitter or a rig mounted con splitter.
• Sample interval was 1m in recent programs and 2m in programs prior to 2000.
• For non-core, samples are dry riffled and sampled dry. When RC sample was damp, samples were speared
uniformly.
• For all sample types, the nature, quality, and appropriateness • Sample preparation techniques are industry standard for magnetite ores and use the sub-sampling protocol
of the sample preparation technique. as recommended by the Savage River laboratory.
• Sample prep on drill core drilled prior to 2011 was completed on site.
• Between 2011-2013 sample prep was completed at a commercial lab [NATA accredited].
• In 2013 the Savage River lab upgraded the crushers and ovens and since then all core has been processed at
the Savage River lab.
• Quality control procedures adopted for all sub-sampling stages • As per standard operating procedure diamond core is dried and crushed according to Grange standard
to maximise the representativeness of samples. operating procedure, Diamond core was dried overnight in an oven at 1100C, crushed in a jaw crusher to
6mm, crushed in a Rolls crusher to 3mm.
• Since 2011 a Boyds crusher was installed in the lab enabling this comminution step to crush to 2mm.
Following secondary crushing, the samples are riffle split to 2-3kg then a 150 gram sample is pulverised using
a Rocklabs 3 ring grinder.
• RC chips were riffle split at the rig when dry and a 3kg sample was taken for each single metre drilled as
described above. When RC sample was damp, samples were speared uniformly.
• Measures taken to ensure that the sampling is representative • Field QC procedures for RC and diamond samples involve the insertion of assay standards at a rate of 1 in 25.
of the in situ material collected, including for instance results Standards were derived from the 2006 MLEP drilling campaign and by commercially prepared standards
for field duplicate/second-half sampling. since then in North Pit Savage River.
• No duplicates or blanks have been taken except 27 field duplicates taken in the 2006 MLEP program which
equates to 0.15% of all samples have duplicates and 0.4% have blanks. Duplicate samples have not been
taken as they are deemed of little importance in this deposit due to the continuous nature of the
mineralisation, very low nugget and long variography ranges.
• Whether sample sizes are appropriate to the grain size of the • The sample sizes are considered to be appropriate based on the style of mineralisation, the thickness and
material being sampled. consistency of the intersections and assay range for the primary analysis (% recoverable magnetite
concentrate).

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Criteria Sampling Techniques and Data Comments

Quality of assay • The nature, quality and appropriateness of the assaying and • The primary assay technique is Davis Tube Recovery (DTR) on a 10g sample, followed by Ferrous Iron (Fe2+)
data and laboratory procedures used and whether the technique is via Satmagan and S, total Fe, TiO2, MgO, V, P, S and Ni via XRF on the Davis Tube Concentrate (DTC).
laboratory tests considered partial or total. • All techniques are considered total. DTR is the most appropriate assay technique for determination of
magnetite recovery.
• All DTR samples completed on site using Savage River technique. This technique has been used for 50 years
at Savage River and pit reconciliations are within accepted tolerance.
• For geophysical tools, spectrometers, handheld XRF • Magnetic susceptibility instruments are used for initial geological logging to help the geologist classify the
instruments, etc., the parameters used in determining the logged interval as ore grade or waste.
analysis including instrument make and model, reading times, • Grange uses TerraPlus KT-10 MagSus meters to classify ore and provide an indicative grade estimate ahead
calibrations factors applied and their derivation, etc. of DTR analysis. Ore samples have sample prep, DTR and XRF determinations done and these inform the
resource estimate.
• No mag sus values are used in the resource estimate.
• Nature of quality control procedures adopted (e.g. standards, • Standards- Field assay standards are inserted at a rate of 1 in 25 in drilled core and RC through ore zones.
blanks, duplicates, external laboratory checks) and whether • No field duplicates were analysed. Pulp duplicates have been collected for drillholes completed between
acceptable levels of accuracy (i.e. lack of bias) and precision 2019-2020. Blank material is inserted into the drillcore sample stream at a rate of 1:20 drill core samples. The
have been established. blank material has been sourced from the Magnesite Fault which is known to have no magnetic minerals
present.
• Data analysis of standards has been performed and the data demonstrates sufficient accuracy and precision
for use in Mineral Resource estimation.
• Three Standards were derived from 2006 MLEP drilling campaign and a commercial standard was purchased
in 2019 for use in the 2019-2022 drill campaigns at Savage River. Standards for recent Centre Pit and North
Pit drill campaigns (2013 onwards) were prepared on site by a staff geo-chemist and are sourced from core
from Long Plains.
• Results to date show good agreement with expected value which implies that the lab is producing accurate
and repeatable analyses.
• Results from the 2006 Mine Lease Extension Project (MLEP) campaign showed a correlation coefficient of
1.00 for 27 pairs of data
Verification of • The verification of significant intersections by either • Significant intersections MagSus readings) are verified by alternate company geologists present in the core
sampling and independent or alternative company personnel. shed as part of the process of developing the cut-sheet instruction.
assaying • The cut sheet defining sample lengths for cutting and sampling is selected based on the MagSus values

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Criteria Sampling Techniques and Data Comments

• The use of twinned holes. • No twinned holes have been drilled. Twinned holes have not been drilled as they are deemed of little
importance in this deposit due to the continuous nature of the mineralisation, very low nugget and long
variography ranges.
• Documentation of primary data, data entry procedures, data • Prior to 2005 Primary data is captured in paper format and transferred manually to an Access database.
verification, data storage (physical and electronic) protocols. • From 2005 Primary data was captured directly to standard template Microsoft Excel log sheets using tough
book laptops with standard logging codes and data entry control.
• The data is verified by the geologist and then loaded into the central (project-wide) database.
• From July 2019 logged data is captured directly in DataShed-LogChief software with validation controls.
• Discuss any adjustment to assay data. • Adjustments are made to density measurements when measurements fall above 5 or below 2 g/cm3
respectively as these considered as sample errors and recent studies of these outliers confirmed that the
measurements were un-reliable.
• In the drilling campaigns since 2019 a small proportion of the parent sample were excluded for destructive
geotechnical testing prior to assay. These represent <1% of all the composite assays and will have no material
effect on the estimate.
• Extensive use of re-submitted pulps has been used in the past for NP, especially in the 2006 drill campaign.
Location of data • Accuracy and quality of surveys used to locate drill holes (collar • All significant surface features including drill collars were surveyed by Grange staff surveyors using a
points and down-hole surveys), trenches, mine workings and other combination of conventional surveying (total station) and/or high resolution RTK GPS.
locations used in Mineral Resource estimation. • In each case, the collars were located to within 100mm in X, Y and Z.
• For downhole surveys, older drilling used single-shot Eastman dips at 50m spacing downhole (accurate to
0.5°).
• Since 2013 North seeking gyro was used prior to the use of the DeviFlex downhole survey tool.
• The stated accuracy for DeviFlex is +/- 0.01° per station in azimuth and +/- 0.1° in dip, with stations every 3m
downhole.
• Specification of the grid system used. • The grid system used is the Savage River Mine Grid, where:
o 100 18’ 23” (N) SRG= 00 (N) GDA94
• Quality and adequacy of topographic control. • The topographic surface in the vicinity of the deposit was surveyed by Grange staff surveyors using a
combination of conventional surveying (total station) and/or high resolution RTK GPS. In each case, the data
points are located to within 100mm in X, Y and Z and the point spacing is approximately 5m in X and Y. For
areas further away from the deposit, LIDAR data is used.

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Criteria Sampling Techniques and Data Comments

Data spacing and • Data spacing for reporting of Exploration Results. • For Deposits on the Savage River Mine lease the nominal drill hole spacing is 50m (between sections) and by
distribution 50-70m (on section).
• Drill spacing at Long Plains is wider given that the parts of the resource are at an early stage of delineation.
Indicated Mineral Resources at Long Plains have been defined generally in areas of 50 by 50 m drill spacing.
• Inferred Mineral Resources at Long Plains have been defined in areas of 100x100 metre up to 600x100 metre
drill spacing.
• Whether the data spacing, and distribution is sufficient to • Data spacing and distribution were analysed using semi-variograms. The general quality of the experimental
establish the degree of geological and grade continuity variograms was good. The ranges of the variograms were used to provide guidance for resource
appropriate for the Mineral Resource and Ore Reserve classification.
estimation procedure(s) and classifications applied.
• Whether sample compositing has been applied. • Samples have been composited prior to geostatistical analysis and Mineral Resource estimation. At Savage
River Mine, for the 2006 MLEP the composite length was 2m. At Long Plains, the composite length was 1m.
The most common composite length was 1m and the second most common was 2m. For the resource
estimates, the Surpac best-fit algorithm was used which resulted in composite lengths of 0.5 to 1.5m. This
approach was adopted because a selection of a uniform composite length would have resulted in duplicated
values in composites created from longer intervals, which may reduce the nugget values in variograms.
Orientation of • Whether the orientation of sampling achieves unbiased • The majority of drill holes are oriented to achieve intersection angles as close to perpendicular to the
data in relation to sampling of possible structures and the extent to which this is mineralization as is practicable.
geological known, considering the deposit type.
structure • If the relationship between the drilling orientation and the • No significant sampling bias occurs in the data due to the orientation of drilling with regards to mineralized
orientation of key mineralised structures is considered to have structures/bodies.
introduced a sampling bias, this should be assessed and
reported if material.
Sample security • The measures taken to ensure sample security. • All samples are logged and bagged on site by Grange geological staff and chain of custody remains with
Grange staff.
Audits or reviews • The results of any audits or reviews of sampling techniques and • During the Mine Life Extension Project in 2006 AMC peer reviewed the NP resource for the mine life
data. extension project (MLEP).
• Following recent major drill campaigns, the resource was reviewed by AMC (March 2019, August 2019 and
October 2020).
• A sample prep audit was conducted for the external provider. An internal review of the SR lab was
completed in June 2019. That review was satisfied with procedures, calibration sand methods.

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Criteria Sampling Techniques and Data Comments

• In 2019, AMC peer reviewed the NP and CP Resources and CP Reserves. Their comments for EOY2018 noted
QA/QC practices at Savage River were to an acceptable standard, with recommendations:
o There is opportunity to improve QA/QC by including external umpire check assays as a means of
further validation.
o It was recommended to continue submitting standards and add duplicate and blank samples at a rate
of 5% particularly when drilling new areas.
• During the 2019-22 drilling campaigns these recommendations were adopted including a migration of all
exploration data to the DataShed database.

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SECTION 2: REPORTING OF EXPLORATION RESULTS

Criteria JORC Code explanation Commentary

Mineral tenement • Type, reference name/number, location and ownership • 4 Mining and 2 exploration leases are held in Tasmania and are 100% owned by Grange Resources Tasmania
and land tenure including agreements or material issues with third parties such Ltd. (formerly Goldamere Proprietary Ltd operating as Australian Bulk Minerals).
status as joint ventures, partnerships, overriding royalties, native title
interests, historical sites, wilderness or national park and
environmental settings.
• The security of the tenure held at the time of reporting along • Mining lease 2M/2001 was granted 11/12/2001 comprising 4,987 hectares which includes the main
with any known impediments to obtaining a licence to operate orebodies North Pit (NP), South Lens (SL), Centre Pit (CP), Sprent (SP) and South Deposit (SD) and the pipeline
in the area. corridor from site to the Port Latta pellet plant. Locality is listed as Savage River-Port Latta. This lease expires
7 Nov 2031 and currently has a security bond held by the State of Tasmania.
• Land tenure on ML 2M /2001 includes State forest, Forest Reserve, Informal reserve, Crown Land, Private
parcel, Conservation area, Regional Reserve and national Estate.
• Mining lease 14M/2007 was granted 14/5/2008 comprising 91 hectares as an easement (including a
sewerage easement) on the Savage River townsite. This lease expires 7 Nov 2031, and no bond is held by the
State of Tasmania. Land tenure on ML 14M/2007 includes Forest Reserve, Regional Reserve, Private land,
Proposed public reserve-CLAC, Crown land Authority Land and Crown Land
• 4M/2019 (235Ha) was granted 17 August 2020 and expires 7/10/2031. This portion was relinquished from
EL8-2014. This expires 7/10/2031. A bond is held by the State of Tasmania.
• Mining lease 11M/2008 was renewed on 18 December 2017 and expires 7/10/2031 and comprises two lots
totalling 108 hectares with the northwest area required for the South Deposit Tailings Storage facility on
Main Creek and the eastern lot required to cover the remaining part of the Savage river town ship not
previously covered by a mining lease. A bond is held by the State of Tasmania.
• The term for Exploration Licence EL8/2014 was extended in 2021 until 2023.
• Exploration License EL30/2003 was granted in February 2010 and a seventh extension of term has been
granted on 5th July 2021 and expires on 18 June 2023. This lease covers the entire Long Plains deposit. The
lease comprises 38 sq km and adjoins 2M/2001 to the north.
Exploration done • Acknowledgment and appraisal of exploration by other parties. • Systematic exploration commenced during the late 1950’s with the Bureau of Mineral Resources conducting
by other parties airborne & ground magnetic surveys to delineate Savage River & two smaller anomalies south at Long Plains
& Rocky River.

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Criteria JORC Code explanation Commentary

• Diamond drilling commenced in the late 1950’s-early 1960’s by Industrial & Mining Investigations Pty Ltd (8
holes). Savage River Mines Ltd formed in 1965 as a JV to develop the project and mined Savage River for the
next 30 years before Australian Bulk Minerals (ABM – now Grange) took over the mine lease in 1997.
Geology • Deposit type, geological setting, and style of mineralization. • The Savage River Magnetite deposit lies within and near the eastern margin of the Proterozoic Arthur
Metamorphic Complex in north-western Tasmania. This complex is exposed along a northeast–southwest
trending structural corridor, The Arthur Lineament, which separates Proterozoic sedimentary rocks to the
northwest from a variety of Paleozoic rocks to the southeast (Turner 1990). These Paleozoic rocks include
some major mafic and ultramafic intrusive complexes which lie just to the east of Savage River.
• The magnetite orebodies are enclosed within a highly sheared and strike faulted belt of mafic and ultramafic
schists and mylonite. This belt is 0.5km wide, strikes North-north-east to south-south-west, and is enclosed in
a thick sequence of quartz-white mica schist (Whyte schist). Magnetite ore is almost entirely confined within
ultramafic rocks, specifically serpentinite and talc-carbonate schist. These ore-bearing ultramafic rocks are
exposed in an axial zone above the belt, ranging from about 40 to 100m wide and termed the Main Ore
Zone. They also form rare, and much narrower (mostly <20m wide) lenses and layers in the mafic sequence
to the west.
• Magnetite ore ranges from disseminated to massive, with much of the main Ore Zone comprising massive to
semi-massive magnetite form 1994 Thornett report on structural and lithological mapping of North Pit and
South Lens.
Drill hole • A summary of all information material to the understanding of • The Savage River deposit has been mined for over 55 years and a comprehensive database of 1056 drill holes
Information the exploration results including a tabulation of the following for over 171,123m* drilling completed between 1957 and 31 December 2022.
information for all Material drill holes: *Includes diamond, RC and Diamond tail and excludes costean, mapping, percussion, probe, sonic and sludge
o easting and northing of the drill hole collar drilling types.
o elevation or RL (Reduced Level – elevation above sea • Drill hole information has been included in Appendix C
level in metres) of the drill hole collar
o dip and azimuth of the hole
o down hole length and interception depth
o hole length.
• If the exclusion of this information is justified on the basis that
the information is not Material and this exclusion does not
detract from the understanding of the report, the Competent
Person should clearly explain why this is the case.

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Criteria JORC Code explanation Commentary

Data aggregation • In reporting Exploration Results, weighting averaging • Davis Tube Recovery (“DTR”) analyses were conducted on core and RC chips that had first had an estimated
methods techniques, maximum and/or minimum grade truncations (e.g. grade determined by magnetic susceptibility (mag-sus). If the mag-sus indicated an estimated grade greater
cutting of high grades) and cut-off grades are usually Material than 15% DTR, the analytical DTR technique was used for assay.
and should be stated. • For RC samples, 2m or less composites were used at Savage River and 1m composites were used at Long
• Where aggregate intercepts incorporate short lengths of high- Plains. In drill core, sample lengths were controlled based on observed geological contacts and generally no
grade results and longer lengths of low grade results, the more than 2m in length. Sample selection was nominally >=0.75m and <=1.25m.
procedure used for such aggregation should be stated and • Short intervals were sampled, where discrete lithologies were present. The compositing routine aggregates
some typical examples of such aggregations should be shown in these to 1m composites.
detail.
• The assumptions used for any reporting of metal equivalent
values should be clearly stated.
Relationship • These relationships are particularly important in the reporting • No Exploration Results are included in this report. The results pertain to the established Mineral Resource at
between of Exploration Results. Savage River and Long Plains.
mineralization • If the geometry of the mineralization with respect to the drill • All intercepts are reported as down hole lengths and the down hole composites are used to inform the
widths and hole angle is known, its nature should be reported. ordinary kriged resource estimate. Refer to intercept tables below.
intercept lengths • If it is not known and only the down hole lengths are reported,
there should be a clear statement to this effect (e.g. ‘down
hole length, true width not known’).
Diagrams • Appropriate maps and sections (with scales) and tabulations of • A locality plan (figure 5) and typical cross sections (figure 6-10) for each deposit area are attached.
intercepts should be included for any 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 • Where comprehensive reporting of all Exploration Results is • All individual drilling results from diamond, RC (and limited percussion holes in CP resource) have been
reporting not practicable, representative reporting of both low and high incorporated into the current resource estimations. In the current NP estimate, the percussion holes were
grades and/or widths should be practiced to avoid misleading removed. The percussion holes have poor sample quality owing to grouping and segregation errors that RC
reporting of Exploration Results. or drill core samples do not. The percussion holes represented a second population of lower quality data and
were not required to complete the estimate.
• The most recent CP estimate includes 4% of data sourced from percussion holes.
Other substantive • Other exploration data, if meaningful and material, should be • The Savage River Mine has been in operation for over 55 years with substantial data collected including
exploration data reported including (but not limited to): geological observations; geophysical surveys, geological mapping of exposures and metallurgical test work.
geophysical survey results; geochemical survey results; bulk
samples – size and method of treatment; metallurgical test

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Criteria JORC Code explanation Commentary

results; bulk density, groundwater, geotechnical and rock • Waste management plans are based upon acid base accounting analyses of selected representative data
characteristics; potential deleterious or contaminating from each deposit at Savage River.
substances.
Further work • The nature and scale of planned further work (e.g. tests for • In 2022 there were 5,524m (19 holes) of diamond drilling completed on surface for the Centre Pit Drilling
lateral extensions or depth extensions or large-scale step-out Project for resource definition; orebody knowledge; geotechnical modelling and waste characterisation
drilling). purposes. There was 2,570m (6 holes) drilled from underground and 1,672m (5 holes) drilled from surface for
North Pit Underground (NPUG) resource definition.
• Diagrams clearly highlighting the areas of possible extensions, • Planned drill programs (2023-24) will focus on resource definition drilling underground to improve resource
including the main geological interpretations and future drilling confidence and geotechnical knowledge to reduce the risk in support of underground mining currently in
areas, provided this information is not commercially sensitive. DFS.

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SECTION 3 ESTIMATION & REPORTING OF MINERAL RESOURCES

Criteria JORC Code explanation Commentary

Database integrity • Measures taken to ensure that data has not been corrupted by, • Transcription errors are limited by having assay data directly merged into the database with key fields on
for example, transcription or keying errors, between its initial sample ID.
collection and its use for Mineral Resource estimation
purposes.
• Data validation procedures used. • Visual validation in 3D is utilised having sections plotted with block grades, the drill-hole assays and geology
intervals displayed.
• Validation of the database occurs at distinct stages.
• Data entry – Prior to 2019 data was mostly entered into Excel spreadsheets, controlled by lookup lists and
ranges of acceptable values.
o Before upload to the database – data is cross-checked in Excel.
o Before extracting composites – a set of queries are run, checking for data continuity, abnormal values
and overlapping ranges.
o At all stages spot checks are made on specific areas against raw data or core where available, to check
for accuracy and/or correlation. Where applicable, data is plotted out on section or graphically for
visual checking.
• Since 2019, the data validation process has significantly improved through the introduction of an additional
layer of checking brought mainly by the inherent validation functionalities of the new database system as
managed by the Geological Database Administrator. Some of the validation features of the new database
system utilised include:
o a data management tool at the point of collection;
o a database structure (MaxGeo data schema, SQL MDS) that fulfils statutory compliant requirements
and allows high levels of data transparency and validity;
o a disciplined assay management workflow and swift monitoring of quality assurance and control of the
assays resulting in better assay quality and integrity.
Site visits • Comment on any site visits undertaken by the Competent • Competent person is a Grange employee and has an intimate knowledge of the operation. The technical
Person and the outcome of those visits. services team includes senior mining engineers, geologists and environmental scientists that provide
• If no site visits have been undertaken indicate why this is the specialist advice and analysis to the CP to inform the resource and reserve estimates.
case. • Competent person visits site frequently and has a very close and current understanding of the orebodies.

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Criteria JORC Code explanation Commentary

Geological • Confidence in (or conversely, the uncertainty of) the geological • Each section was interpreted for magnetite mineralization in a live-3D environment, i.e., the sections were
interpretation interpretation of the mineral deposit. not printed out for interpretation purposes. Grade control outlines and blasthole data as well as visual checks
in the field were used to inform the ore/waste contacts and this supports the spatial interpretation using
both grade control and wide spaced diamond drilling data. This has improved the confidence of the model
especially close to current mining benches. Recent work was completed by Grange staff, assisted by
Snowden-Optiro in 2022. The geological interpretation was done in Surpac, then converted to Datamine files
for processing by Snowden-Optiro.
• Historically, there were three types of mineralization defined (termed sparse, moderate and abundant and
given the codes ZS, ZM and ZA respectively). Recent practice has been to amalgamate the ZM and ZA. The
mineralized zones were therefore subdivided into moderate and high grade (ZAZM, >35 DTR) and low grade
(ZS 15-35 DTR) categories.
• Nature of the data used and of any assumptions made. • The geological interpretation has high confidence on a deposit scale, informed by regularly spaced drilling, in-
pit mapping, grade control drilling and monthly reconciliations.
• The effect, if any, of alternative interpretations on Mineral • The boudinaged nature of the high-grade lenses does sometimes result in some areas having to be adjusted
Resource estimation. by on ground mapping and grade control, during mining.
• The global resource reconciliation continues to have a very good match with concentrate produced.
• The use of geology in guiding and controlling Mineral Resource • Geology, lithology and structure are used to guide and control the interpretation and wireframing of ore
estimation. lenses in preparation for resource estimation. Wireframes are validated in section, then in plan (flitch) to
enable robust shapes to be developed.
• The factors affecting continuity both of grade and geology. • Continuity is greatest down dip owing to the strike-slip deformation at Savage River. Continuity along strike is
characterized by discontinuous swarms of boudinaged high grade magnetite lenses surrounded by lower
grade magnetite ore hosted in serpentinite gangue. In extrapolated areas down dip, the interpretations of
mineralised geometry have been conservative.
Dimensions • The extent and variability of the Mineral Resource expressed as • The Savage River ore-bodies occur discontinuously over a strike length of 6km with thickness ranging from
length (along strike or otherwise), plan width, and depth below 40-150m.
surface to the upper and lower limits of the Mineral Resource. • All lenses remain open at depth.
A summary of the defined extents of individual deposits follows:

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Criteria JORC Code explanation Commentary

Estimation and • The nature and appropriateness of the estimation technique(s) • Estimations up to 2014 been undertaken by Grange staff using recommendations and parameters defined in
modelling applied and key assumptions, including treatment of extreme variography studies completed by Snowden Mining Industry Consultants
techniques grade values, domaining, interpolation parameters and • Since 2014, estimations have been undertaken by Optiro, Xstract Mining and Snowden Optiro consultants in
maximum distance of extrapolation from data points. If a consultation with Grange staff.
computer assisted estimation method was chosen include a
description of computer software and parameters used. • Mineralized domains were established from high grade and low grade intersects as interpreted in the
geological model.
• Ordinary Kriging (OK) was employed to estimate the North Pit resource from 2007 based on the
recommendation of a report by Snowden in 2006. Other deposits have progressively moved from inverse
distance methods to OK as appropriate.

• For the 2022 North Pit estimate, a southerly plunge was identified from variography and Categorical Indicator
Kriging (CIK) was used to help refine the domaining of low and high grade material. Indicators set at 15% and
35% DTR were used to flag material and domain the low grade, while an indicator set at 35% was used to flag
material above this level as High Grade. The flagged drill data was then coded to the relevant domains for use
in OK estimation.
• The Sprent deposit is comparatively small (<3M tonnes) and considered to be an extension of Centre Pit
South. It was developed in 2010 to supplement ore supply.

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Criteria JORC Code explanation Commentary

• Drill hole sample data was flagged as ore in the database within the domain wireframes interpreted for each
deposit. Composites extracted from the database for each domain were therefore controlled by the
geological interpretation.
• The 2022 North Pit estimate also used CIK as described above to domain some areas of the resource.
• Sample data was generally composited to 1 metre down hole length using a best fit-compositing method.
• Residual samples (those composite intervals for which there was less than 75% of the composite length)
were considered biased and hence were not included in the estimate.
• For the 2022 North Pit estimate residuals were eliminated by adjusting the composite interval to be as close
to 1 as possible so that there were no residual samples created.
Optiro, Xstract and Snowden Optiro have recommended top cuts as tabled below to reduce the impact of
significant outliers and positively skewed populations.

• DTR is directly estimated by ordinary kriging.

• DTR, Density values and the calculated attribute Density (D) x DTR are all subjected to variography and
estimation, with DTR (calc) back calculated from D x DTR in the model. DTR (calc) has been estimated as a
comparison to DTR ( Kriged DTR).
• Specialist Resource Estimation consultants (Optiro, Xstract and Snowden Optiro) have created the block
models from wireframes and data supplied by on-site geologists. These model estimations have been run
with Surpac software and Snowden Supervisor for variography studies.

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Criteria JORC Code explanation Commentary

• Block models were constructed for
o North Pit (2022) using a 5mE by 5mN by 5mRL parent block size with sub-celling to 2.5mE by 2.5mN by
2.5mRL.
o Centre Pit (2019) used a 5mE by 15mN by 5mRL parent block size with sub-celling to 2.5mE by 3.75mN
by 2.5mRL.
Variography studies for each deposit have been completed by specialist resource estimation
consultants with recommendations for estimation parameters appropriate for each deposit and the
modelling technique employed as tabulated below.
• No top cuts have been applied to the Sprent models.
• DTR(OK) is reported and DTR (calc) is retained and used to validate the estimate based on past practice. DTR
(calc) is back calculated from D x DTR in the model.
• Block models were constructed for each deposit as given in the table “Block Model Parameters” table below;

• The minimum and maximum number of samples were tested for each deposit using the Kriging
Neighbourhood Analysis (KNA). The following table outlines the Number of Samples selected to inform the
three estimation passes in each of the block model estimates for the various deposits.

• The estimation was validated by completing visual checks in section and plan and comparing statistics of
input composite drillhole sample grades to estimated block grades on both a local and global basis. Local

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Criteria JORC Code explanation Commentary

grade variability was also validated by comparing composite and block grades visually in cross section, long
section and in plan view.
• The availability of check estimates, previous estimates and/or • New model estimates were compared against previous model estimates by flitch plots, visual inspection of
mine production records and whether the Mineral Resource the model around new drill hole data in section and have been reconciled with production data as part of the
estimate takes appropriate account of such data. validation process.
• DTR(OK) is checked by DTR (calc) These correlate very closely with an overall difference of 1.7% at a 15% DTR
cut-off grade. DTR (ok) is reported.
• The assumptions made regarding recovery of by-products. • No by-product recoveries have been considered. The magnetite recovery process targets the magnetic
minerals, and no marketable by-products are recovered.
• Estimation of deleterious elements or other non-grade • Concentrate grades and deleterious elements (impurities) have all had variography completed where
variables of economic significance (e.g., sulphur for acid mine samples were available and were estimated by Ordinary Kriging with the resource run.
drainage characterization).
• In the case of block model interpolation, the block size in • Sample spacing on a 50 x 70m grid is 5-7 times the block size. This sample spacing is supported by the very
relation to the average sample spacing and the search strong geological continuity (low sample variance). See tables above.
employed.
• Any assumptions behind modelling of selective mining units. • No assumptions were made behind modelling of selective mining units.
• Any assumptions about correlation between variables. • There is a correlation between DTR and density which is described below in the Bulk Density section. This
relationship is not used in estimation methods and DTR is directly estimated.
• Description of how the geological interpretation was used to • Geology, lithology and structure are used to guide and control the interpretation and wire-framing of ore
control the resource estimates. lenses in preparation for resource estimation. Wireframes are validated in section, then in plan (flitch) to
enable robust shapes to be developed.
• Discussion of basis for using or not using grade cutting or • Top cuts in ore domains were used where outliers were identified by exploration data analysis. Outliers were
capping. identified for:
o Ni, TiO2 and P in North Pit
o P in South Deposit
o Ni, MgO, P, V and S in Centre Pit
• The process of validation, the checking process used, the • Block estimates were cross validated by comparison with printed block sections showing drilling, block values
comparison of model data to drill hole data, and use of and constraining wireframes.
reconciliation data if available. New model estimates are • Swath plots generated show the drill hole and modelled grades compared well across the deposits
compared against old model estimates and reconciliations as particularly where there were a large number of drillholes.
part of validation.

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Criteria JORC Code explanation Commentary

• Grade Control outlines and blasthole data as well as visual checks in the field were used to inform the
ore/waste contacts and this supports the spatial interpretation using both GC and wide spaced diamond
drilling data. This has improved the confidence of the model especially close to current mining benches.
• The Main Ore zone in NP is very predictable and drill spacing is appropriate for the resource estimate.
• The main improvement between 2020 and 2022 was improvement of wireframes and resolving the
domaining low and high grade within the ore envelope which lowered the grade by 3.1% within the Main Ore
Zone compared to the last model.
Moisture • Whether the tonnages are estimated on a dry basis or with • Tonnages were estimated on a dry basis. All drill holes are dried at the laboratory prior to sample prep and
natural moisture, and the method of determination of the analysis.
moisture content.
Cut-off parameters • The basis of the adopted cut-off grade(s) or quality parameters • For the Open Cut, the cut-off grade of 15%DTR is based on a natural break in the Grade-Tonnage Curve and is
applied. supported by economic analysis for the open cut undertaken during 2010.
• The grade cut-off parameters were supplied by experienced mining engineers on an appraisal basis. These
are the minimum widths and cut-off grades expected to be required to meet economic hurdles for these
mining methods. These parameters are not yet based upon analysis as a feasibility level.
Mining factors or • Assumptions made regarding possible mining methods, • Above the ultimate pit shape, an optimised pit has been designed, based on an iron ore price, mining costs.
assumptions minimum mining dimensions and internal (or, if applicable, Below the ultimate open cut profile, a combination of minimum mining width and cut-off grades for three
external) mining dilution. It is always necessary as part of the mining methods; (Stoping, SLC and Block Caving) have been used as a preliminary guide to reasonable
process of determining reasonable prospects for eventual prospects of eventual economic extraction ahead of further studies. No mining factors (i.e., dilution, ore loss,
economic extraction to consider potential mining methods, but recoverable resources at selective mining block size) have been applied for an eventual underground
the assumptions made regarding mining methods and operation.
parameters when estimating Mineral Resources may not • In 2021 for the consideration of Reasonable Prospects of Eventual Economic Extraction (RPEEE), a 100m x
always be rigorous. Where this is the case, this should be 100m grid in long section was analysed to obtain the true width and grade across this grid. If a cell in the grid
reported with an explanation of the basis of the mining passed the “Conditions to meet RPEEE” in the table below, then the cell was included in reportable
assumptions made. resources.
Conditions to meet RP EEE
Method Min width Cut-Off grade
Stoping 10 50
SLC 20 35
BC 25 25

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Criteria JORC Code explanation Commentary

Metallurgical • The basis for assumptions or predictions regarding • DTR has been incorporated into the model as a measure of magnetite recovery in the magnetic separation
factors or metallurgical amenability. It is always necessary as part of the process. This is based on the performance of DTR at the Savage River mine, where it has been employed as a
assumptions process of determining reasonable prospects for eventual good measure of delineating ore and waste and in modelling the anticipated recoveries through the
economic extraction to consider potential metallurgical magnetic separation process for over 50 years.
methods, but the assumptions regarding metallurgical • Historical records indicate the Metallurgical recovery of magnetite from the magnetic separators has been
treatment processes and parameters made when reporting demonstrated to be 95% of the DTR derived from laboratory DTR process. This factor is not applied to the
Mineral Resources may not always be rigorous. Where this is resource model.
the case, this should be reported with an explanation of the
basis of the metallurgical assumptions made.
Environmental • Assumptions made regarding possible waste and process • Waste rock: waste is segregated while mined into one of four waste types based on the rock’s acid-base
factors or residue disposal options. It is always necessary as part of the chemistry. These units are disposed of in encapsulated dumps according to the waste management plan as
assumptions process of determining reasonable prospects for eventual part of the environmental permit conditions. Tailings are disposed of as sediment beaches in engineered
economic extraction to consider the potential environmental tailing ponds. The tailings management plan is part of the environmental permit conditions.
impacts of the mining and processing operation. While at this
stage the determination of potential environmental impacts,
particularly for a greenfields project, may not always be well
advanced, the status of early consideration of these potential
environmental impacts should be reported. Where these
aspects have not been considered this should be reported with
an explanation of the environmental assumptions made.
Bulk density • Whether assumed or determined. If assumed, the basis for the • All ‘modern’ (post-2005) diamond drilling samples have measured density values. However, some historic
assumptions. If determined, the method used, whether wet or drilling samples do not have density data and it is not possible to measure density for RC samples.
dry, the frequency of the measurements, the nature, size and • The density of the ore for the RC samples and legacy diamond drilling samples was determined based on the
representativeness of the samples. first principles equation, where:
• The bulk density for bulk material must have been measured by DTR 100 − DTR −1
methods that adequately account for void spaces (vugs, SG = ( + )
510 281
porosity, etc), moisture and differences between rock and
alteration zones within the deposit. • 36% of all bulk density values are measured, 56% are calculated and 7% have null values for density.

• Discuss assumptions for bulk density estimates used in the • The First Principles equation relates density to DTR and provides a reasonable fit to the measured data.
evaluation process of the different materials. • 2019 and later North Pit models removed percussion holes (nearly half of informing data of c. 2011 models -
NP1103 model).
• Centre Pit retained the use of percussion holes in the resource estimate. As a consequence, there are now
much greater proportion of densities having measured values and a smaller portion of density is calculated
via regression methods where primary density measurements were absent.

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Criteria JORC Code explanation Commentary

• The ore zones at Savage River are very competent and void space is not considered significant to make
allowance for in the density determination method.
Audits or reviews • The results of any audits or reviews of Mineral Resource • During the Mine Life Extension Project in 2006, AMC peer reviewed the NP resource estimation process and
estimates. parameters for the mine life extension project (MLEP).
• The estimation process and parameters are considered to still be valid for this deposit as additional drilling
has been infill in nature. Several due diligence studies have reviewed the estimation methodologies as
recommended by Snowden and found them to be valid.
• AMC conducted a new resource Audit in March 2019-with further review in August 2019 and October 2020.
AMC considered that:
o the Mineral Resource for Centre and North Pit Deposits were appropriately classified as Measured,
Indicated, and inferred resources in accordance with the JORC code.
o That the processes to generate the block model for the Resource Estimates have been completed
using accepted practice with drill-hole data supported by quality control protocol, known mining
history and reconciliation.
• AMC cited the following area for improvement:
o recommended that a maximum of three samples per drillhole is used in each search pass. Grange
currently uses 4 in NP and 8 in CP with the method used has been supported by good reconciliation
performance.
• Reconciliation suggests that the estimation is comparable with grade control data. Global reconciliation is
performed on an annual basis and show good performance between actual produced concentrate and
estimated contained concentrate in the resource model.
• For the recent resource update for NP by Snowden Optiro, a site visit was not completed. While Snowden
Optiro visited the site in 2018, a review of drilling, sampling and mapping procedures was not completed as
their role was to refresh the estimate, not audit our processes.
Discussion of • Where appropriate a statement of the relative accuracy and Global reconciliations and bench reconciliations are used to feedback into the resource model.
relative accuracy/ confidence level in the Ore Reserve estimate using an approach Regular reconciliations show a good performance of model vs actual. Global reconciliation is performed on
confidence or procedure deemed appropriate by the Competent Person. an annual basis and show good performance between actual produced concentrate and estimated contained
For example, the application of statistical or geostatistical concentrate in the resource model. The current resource model was found to be a better predictor of
procedures to quantify the relative accuracy of the reserve modelled concentrate due to changes in wireframes in current model.
within stated confidence limits, or, if such an approach is not
• Bench reconciliations show good agreement and nearly always a positive reconciliation between resource
deemed appropriate, a qualitative discussion of the factors
and produced concentrate.

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Criteria JORC Code explanation Commentary

which could affect the relative accuracy and confidence of the • Reconciliations are calculated from material survey movement against changes in stockpiles and actual
estimate. magnetite concentrate production. Global reconciliation of the current model shows an under-prediction of
• The statement should specify whether it relates to global or the actual concentrate production within a 5-10% tolerance over several years.
local estimates, and, if local, state the relevant tonnages, which
should be relevant to technical and economic evaluation. • Grange believes that the accuracy and confidence in the Mineral Resources is appropriate and within the
Documentation should include assumptions made and the accepted error ranges for the Mineral Resource confidence categories (Measured, Indicated and Inferred).
procedures used.
• Accuracy and confidence discussions should extend to specific
discussions of any applied Modifying Factors that may have a
material impact on Ore Reserve viability, or for which there are
remaining areas of uncertainty at the current study stage.
• It is recognized that this may not be possible or appropriate in
all circumstances. These statements of relative accuracy and
confidence of the estimate should be compared with
production data, where available.

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SECTION 4: ESTIMATION & REPORTING OF ORE RESERVES

(Criteria listed in section 1, and where relevant in sections 2 and 3, also apply to this section.)
Criteria JORC Code explanation Commentary
Mineral Resource • Description of the Mineral Resource estimate used as a basis • The Total Ore Reserve estimate for Savage River includes Mineral Resources from North Pit, Centre Pit and
estimate for for the conversion to an Ore Reserve. South Deposit. The Mineral Resources used are from updated Mineral Resource models as at 31 Dec 2022
conversion to Ore and as publicly reported on in this release.
Reserves • Clear statement as to whether the Mineral Resources are • The stated Mineral Resource is inclusive of the Ore Reserve
reported additional to, or inclusive of, the Ore Reserves.
Site visits • Comment on any site visits undertaken by the Competent • The Competent Person has more than 10 years of experience in an open pit Magnetite mine at senior
Person and the outcome of those visits. operational management and technical level.
• If no site visits have been undertaken indicate why this is the • Competent person is an employee of the company and regularly visits the site.
case.
Study status • The type and level of study undertaken to enable Mineral • The Centre Pit Ore Reserve estimate is based on an updated Feasibility Study completed in October 2019.
Resources to be converted to Ore Reserves. The Reserves for North Pit are based on feasibility studies completed in 2006 with updated economic
considerations as reviewed through the annual budgeting process. The Stockpile reserves are based on
detailed physical surveys and collected grade control assays.
• The Code requires that a study to at least Pre-Feasibility Study • The Life Of Mine Plan process is undertaken annually which encompasses reviews of conversion of Mineral
level has been undertaken to convert Mineral Resources to Ore Resource to Ore Reserve and assessment of current economic and other reconciled modifying factors.
Reserves. Such studies will have been carried out and will have • The information used for estimation and reporting of this Ore Reserve is based upon those Feasibility Studies
determined a mine plan that is technically achievable and and with current production reconciled modifying factors.
economically viable, and that material Modifying Factors have
been considered. • Feasibility assessments continue on an ongoing basis, for which applicable results support the reported
reserves.
Cut-off parameters • The basis of the cut-off grade(s) or quality parameters applied. • Cut-Off-Grade Analysis was undertaken as part of the Feasibility Study and is reviewed on an annual basis as
part of Grange Resource’s Life of Mine Budget process.
• The Cut-off grade is 15% DTR.
Mining factors or • The method and assumptions used as reported in the Pre- • Whittle Optimisations are used to derive an economic pit outline which is then used as the basis for mine
assumptions Feasibility or Feasibility Study to convert the Mineral Resource design. The software uses profit maximization algorithms to generate pit shells. The cost inputs used in the
to an Ore Reserve (i.e., either by application of appropriate Whittle optimiser are based on a combination of historical performance and forecasts of future costs.
factors by optimization or by preliminary or detailed design). Parameters are initial determined in Feasibility Studies and are reviewed as part of the ongoing Life Of Mine
Planning and evaluation process.
• The Ore Reserves are reported within a detailed staged pit designs which are based on Whittle open pit
optimization.

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Criteria JORC Code explanation Commentary

• The choice, nature and appropriateness of the selected mining • Mining is undertaken by conventional bulk mining methods utilizing hydraulic face shovels, dump trucks and
method(s) and other mining parameters including associated conventional drill and blast, which is suited to the local terrain.
design issues such as pre-strip, access, etc.
• The assumptions made regarding geotechnical parameters • The overall pit slopes used for the design and optimisation are based on geotechnical studies undertaken in
(e.g.: pit slopes, stope sizes, etc), grade control and pre- the Feasibility Study and are reviewed and updated on an annual basis as part of Grange Resource’s Life Of
production drilling. Mine Planning process. The current overall slope parameters are as follows:

• The major assumptions made, and Mineral Resource model • The Smallest Mining Unit (SMU) assumed is 5 m x 5 m x 2.5 m in the X, Y and Z direction consistent with the
used for pit and stope optimization (if appropriate). sub-cell resolution in the resource.
• The mining dilution factors used. • The mining block model includes an allowance for likely mining dilution based on historical performance. For
• The mining recovery factors used. North Pit this has added approximately 2% tonnage and reduced the DTR by 8%. In Centre Pit this has added
zero additional tonnage and reduced the DTR by 15%.
• These factors reflect the expected ore dilution leading to a decrease in recovered grade and an increase in
recovered ore volume and are based on historic reconciliation performance. Reconciliations (global) are
compiled annually, and bench reconciliations are compiled as benches are completed (about 8 per year).
• Temporal or period reconciliations are run to check the quality of the 3-month plan cycle.
• Any minimum mining widths used. • Mining widths of 20m are applied to the pit designs based on the current primary load and haul equipment’s
minimum working requirements. Ore and waste can be mined and segregated to the minimum block size
based on the current equipment specification and mining method.
• The manner in which Inferred Mineral Resources are utilised in • The Whittle Optimization on which the mine design is based utilises only Measured and Indicated Material.
mining studies and the sensitivity of the outcome to their Ore Reserve classification is that portion of the mineral resource that resides within an economic pit design.
inclusion. Only Measured and indicated resources are considered.
• Inferred Resources are not scheduled or included in cash flow assessments. Inferred Resources are
considered during optimisation to assess further reserve development priorities.
• The infrastructure requirements of the selected mining • The mine can conduct remote blast hole drilling and charging to support safe operation utilising the mining
methods. method.

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Criteria JORC Code explanation Commentary

Metallurgical • The metallurgical process proposed and the appropriateness of • The Concentrator comprises primary crushing, primary and secondary grinding and magnetic separation.
factors or that process to the style of mineralization. Concentrate is pumped by a slurry pipeline for drying, pelletizing and ship loading at the Port Latta. This
assumptions process is well proven at Savage River over the last 50 years and is used extensively for magnetite deposits
throughout the world.
• Whether the metallurgical process is well-tested technology or • The Concentrator and Pellet Plant have been have operated continuously by Grange Resources since 2009
novel in nature. and before by Australian Bulk Minerals since 1997.
• The nature, amount and representativeness of metallurgical • There has been metallurgical test work undertaken as part of early feasibility studies and subsequent drilling
test work undertaken, the nature of the metallurgical domains programs.
applied, and the corresponding metallurgical recovery factors • A plant recovery factor of 95% is used to account for concentrator efficiency and is supported by historical
applied. performance.
• Any assumptions or allowances made for deleterious elements. • The Ore Reserve and the associated mine schedule produce an output on which the sale of pellet is based
and includes any deleterious elements.
• Deleterious elements (also referred to as impurities), are identified in product specification and are
estimated in the resource model.

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Criteria JORC Code explanation Commentary

• The existence of any bulk sample or pilot scale test work and • The mineral resource model appropriately addresses the chemical criteria and the emergent physical
the degree to which such samples are considered properties to meet a high-quality iron ore product.
representative of the ore-body as a whole. • Magnetite concentrate and hematite pellets are sold on a market specification.
• The Davis Tube Recovery (DTR) technique is the fundamental unit of measurement of grade of ore at a
magnetite mine.
• DTR is a measure of the “recoverable” magnetite as determined by equipment which seeks to mimic the
process occurring in the concentrator.
• DTR can be used to predict the concentrate contained within the ore, which is far more relevant than an
analysis for total iron in the ore.
• The DTR is a physical test, dependent on the actual liberation of the magnetite from its gangue elements.
• The liberation at the laboratory scale needs to mimic the liberation at a plant scale. This liberation is directly
related to the grind distribution the method has been designed as appropriate for the Savage River deposit.
The recoverable magnetite from the Davis Tube is called Davis Tube Concentrate (DTC) and is weighed to
determine what proportion of the original sample was recovered.
• The concentrate recovered from the DTC is analysed by X-ray fluorescence (XRF) methods to assess the
quality of the DTC, i.e. the grade of iron, silica, sulphur etc in the concentrate.
• X-ray fluorescence utilizes a spectrometer, an x-ray instrument used for non-destructive chemical analyses of
rocks, minerals, sediments and fluids

• For minerals that are defined by a specification, has the ore • Magnetite concentrates and hematite pellets are sold on a market specification.
reserve estimation been based on the appropriate mineralogy
to meet the specifications?
Environmental • The status of studies of potential environmental impacts of the • The mining and exploration tenements held by the Company contain environmental requirements and
mining and processing operation. Details of waste rock conditions that the entities must comply with in the course of normal operations.
characterisation and the consideration of potential sites, status • Conditions and regulations cover the management of the storage of hazardous materials and rehabilitation
of design options considered and, where applicable, the status of mine sites. The Company obtained approvals to operate in 1996 and 1997 under Tasmania's Land Use
of approvals for process residue storage and waste dumps Planning and Approvals Act (LUPA) and the Environmental Management and Pollution Control Act (EMPCA)
should be reported. as well as the Goldamere Act and Mineral Resources Development Act. The land use permit conditions for
Savage River and Port Latta are contained in Environmental Protection Notices 248/2 and 302/2 respectively.

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Criteria JORC Code explanation Commentary

• The currently approved Environmental Management Plans were submitted for Savage River and Port Latta
on 21 December 2010. The extension of the project’s life was approved by the Department of Tourism, Arts
and the Environment on 12 March 2007 and together with the Goldamere Act and the Environmental
Protection Notices, is the basis for the management of all environmental aspects of the mining leases.
• The Goldamere Act limits the Company's liability under Tasmanian law for remediation of contamination to
that caused by the Company's operation and indemnifies the Company for certain environmental liabilities
arising from past operations. Where pollution is caused or might be caused by previous operations and this
may be impacting on Grange’s operations or discharges. Grange is indemnified against any associated
emissions.
• Grange is required to operate to Best Practice Environmental Management (BPEM).
• The Goldamere Act provides overriding legislation against all other Tasmanian legislation.
• The main mining lease 2M/2001 on which both North Pit and Centre pit are allocated and is granted for a 30-
year term due for renewal in 2031. Grange has current approvals to mine in place. The waste rock is to be
segregated into potential acid forming and non-acid forming waste in the pit and then disposed of in the
Broderick Creek waste rock dump complex or other dumps as approved by the Tasmania EPA and Mineral
Resource Tasmania which have sufficient capacity for the current life of the mine. The potentially acid
forming waste is encapsulated with layers of clay and alkaline rocks to prevent the formation of acid rock
drainage.
• Process residue from the concentration of ore (tailings) is stored in the Main Creek Tailings Dam and the
South Deposit Tailings Storage Facility. There is sufficient capacity to store tailings from North Pit, and Centre
Pit until 2040. Approval for the South Deposit Tailing Storage Facility was granted by the Department of
Environment and the Waratah-Wynyard Council and was commissioned in November 2018
Infrastructure • The existence of appropriate infrastructure: availability of land • Current operation consists of North Pit and Centre Pit and one previously mined pit (South Deposit) which is
for plant development, power, water, transportation not planned to be mined as part of the Life Of Mine Plan.
(particularly for bulk commodities), labour, accommodation; or • There are two primary crushers and conveyors, concentrator, pipeline and pellet processing plant with
the ease with which the infrastructure can be provided, or process water sourced on-site and dedicated power transmission lines.
accessed.
• Townsite hosts a workforce of 250 persons.
• Concentrate is transported by slurry pipeline to the Grange-owned Port Latta pellet plant and dedicated ship
loading facility for export.
• Storage of tails in the Main Creek Tails Storage Dam (facility) will be transitioned to the new South Deposit
Tails Storage Facility during 2018. The new facility will have sufficient capacity to support the Life of Mine
operation.

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ANNUAL RESOURCE & RESERVE STATEMENT
DECEMBER 2022

Criteria JORC Code explanation Commentary

Costs • The derivation of, or assumptions made, regarding projected • The Life Of Mine Plan is updated annually. All assumptions regarding capital costs are reviewed monthly and
capital costs in the study. as part of the annual budgeting process. Capital costs are well documented, managed and understood for
the operation.
• The methodology used to estimate operating costs. • The Concentrator and Pellet Plant have operated continuously by Grange Resources since 2009 and before
by Australian Bulk Minerals since 1997. The operating and capital costs are based upon actual operating
historical data.
• Allowances made for the content of deleterious elements. • Allowances are made for the various deleterious elements and adjustments are made to the Iron Content.
• The source of exchange rates used in the study. • The exchange rate is sourced from Specialist Matter Experts, with periodic updates for forecast.
• Derivation of transportation charges • Revenues are calculated based on Free On Board (FOB) from Port Latta. Individual shipments are sold on
either an FOB basis from Port Latta or on a CFR basis.
• The basis for forecasting or source of treatment and refining • Forecasting of treatment and refining charges including penalties in concentrate are completed annually
charges, penalties for failure to meet specification, etc. using the scheduled annual feed grade (including impurities). With forecast reports provided by subject
matter experts
• The allowances made for royalties payable, both Government • Royalties are used in the Whittle Optimization using the Tasmanian State charges and government royalties
and private. are calculated based on the life of Mine Plan
Revenue factors • The derivation of, or assumptions made regarding revenue • The Whittle optimisation was carried out including Measured and Indicated Mineral Resource categories and
factors including head grade, metal or commodity price(s) using a gross FOB price at Port Latta expressed as US$/dmt pellet and a nominated AUD = USD exchange rate
exchange rates, transportation and treatment charges,
penalties, net smelter returns, etc.
• The derivation of assumptions made of metal or commodity • The commodity pricing is sourced from Specialist Matter Experts in the market analysis for mining and
price(s), for the principal metals, minerals and co-products. metals.
Market • The demand, supply and stock situation for the particular • The mine and concentrator have operated continuously by Grange Resources since 2009 and before by
assessment commodity, consumption trends and factors likely to affect Australian Bulk Minerals since 1997, and various parties since 1967.
supply and demand into the future. • Product is presently sold as Concentrate and Pellet into the Asian and Australian markets.
• A customer and competitor analysis along with the • There are long term contracts in place, and we also see a strong spot market.
identification of likely market windows for the product.
• Prices are negotiated based on market indices.
• Price and volume forecasts and the basis for these forecasts.
• For industrial minerals the customer specification, testing and
acceptance requirements prior to a supply contract.
Economic • The inputs to the economic analysis to produce the net present • Financial modelling of the Savage River operation, shows support for strong NPV’s.
value (NPV) in the study, the source and confidence of these

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ANNUAL RESOURCE & RESERVE STATEMENT
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Criteria JORC Code explanation Commentary

economic inputs including estimated inflation, discount rate,
etc.
• NPV ranges and sensitivity to variations in the significant • The NPV is most sensitive to product price and exchange rate
assumptions and inputs.
Land Tenure • Land use • North Pit, Centre Pit, South Deposit and the associated waste dumps, tails storage facility, concentrator,
accommodation and pellet plant all lie wholly within ML 2M/2001 and ML 11M/2008. There are no
restrictions placed on the operation by these leases which materially restrict its operation.
Social • The status of agreements with key stakeholders and matters • The Mine is relatively isolated, being situated 45 km off the Murchison Highway, which links the north-west
leading to social licence to operate. and western coasts of Tasmania (Figure 12). The nearest localities are Corinna (population 6), 24 km to the
south-west and Waratah (population 380), 38 km to the north-east. The nearest major town by road is
Burnie (population ~20,000), located on the north-west coast, about 100 km distant.
• Grange also works with the Tasmanian Government in the Savage River Rehabilitation Project. This work has
seen water quality in the Savage River improve from where it was significantly degraded by acid rock
drainage in 1997 to where modified ecosystem targets are being met and pelagic aquatic species are re-
populating the middle reaches of the river. On the back of this work, Grange has community support for the
ongoing operation of the mine.
Other • To the extent relevant, the impact of the following on the • Grange’s project at Savage River is an active and ongoing operation.
project and/or on the estimation and classification of the Ore
Reserves:
• Any identified material naturally occurring risks. • Asbestos group of minerals have been identified at Savage River. The asbesti-form materials are handled
according to the fibrous materials policy at Grange, whereby risks from respirable particles are monitored
and controlled.
• The status of material legal agreements and marketing • A long term contract for supply of magnetite pellet to various customers exists.
arrangements.
• The status of governmental agreements and approvals critical • The Goldamere Act provides Tasmanian legislation to support the Savage River Operation.
to the viability of the project, such as mineral tenement status, • Final approval for the SDTSF was received in 2014 and construction commenced in Q3 2014
and government and statutory approvals. There must be
reasonable grounds to expect that all necessary Government • Approval from the Tasmania EPA for mining at CP was received in April 2022.
approvals will be received within the timeframes anticipated in
the Pre-Feasibility or Feasibility study. Highlight and discuss the
materiality of any unresolved matter that is dependent on a
third party on which extraction of the reserve is contingent.

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ANNUAL RESOURCE & RESERVE STATEMENT
DECEMBER 2022

Criteria JORC Code explanation Commentary

Classification • The basis for the classification of the Ore Reserves into varying • Reserve classification is that portion of the mineral resource that resides within an economic pit design.
confidence categories. • In general, Measured Resources have been converted to Proven Reserves and Indicated Resources have been
converted to Probable Reserves. In cases where there is lower confidence in a major modifying factor
Measured Resources are converted to only a Probable Reserve. Instances of this assessment are described
below
• Whether the result appropriately reflects the Competent • The result reflects the Competent persons view of the deposit.
Person’s view of the deposit.
• The proportion of Probable Ore Reserves that have been • A total of 12.5Mt equal to 45% of the Total Reported Probable Reserves has been derived from Measured
derived from Measured Mineral Resources (if any). Resources.
• Measure Resources within the final West Wall cut back of North Pit has been assessed as Probable Reserves
and due to lower geotechnical and economic confidence.
Audits or reviews • The results of any audits or reviews of Ore Reserve estimates. • The Feasibility Study that was completed in September 2006 had been peer reviewed by Australian Mining
Consultants (AMC) for the NP reserve for the mine life extension project (MLEP).
• The CP feasibility was reviewed by AMC Consultants Pty Ltd (AMC) in September 2019. AMC concluded that
the feasibility study supported the reported Ore Reserve and the requirements of the JORC Code.
Discussion of • Where appropriate a statement of the relative accuracy and • Global reconciliations and bench reconciliations are used to feedback into the resource model. Regular
relative accuracy/ confidence level in the Ore Reserve estimate using an approach reconciliations show a good performance of model vs actual. Global Reserve Reconciliation for 2022
confidence or procedure deemed appropriate by the Competent Person. demonstrates actual concentrate produced plus net change in stockpiles at end of the year was less than 2%
For example, the application of statistical or geostatistical and within the 10% tolerance range of model prediction.
procedures to quantify the relative accuracy of the reserve • Reconciliations are calculated from material survey movement against changes in stockpiles and actual
within stated confidence limits, or, if such an approach is not magnetite concentrate production.
deemed appropriate, a qualitative discussion of the factors
which could affect the relative accuracy and confidence of the • Grange believes that the relative accuracy and confidence in the Mineral Resources is appropriate for the
estimate. generally- accepted error ranges understood by the resource confidence categories which have been
allocated.
• The statement should specify whether it relates to global or
local estimates, and, if local, state the relevant tonnages, which • Historically model predictions are normally within 10% of actual production.
should be relevant to technical and economic evaluation. • Modifying factors apply globally, and metallurgical factors are reviewed annually.
Documentation should include assumptions made and the • Some factors are applied locally, for example geotechnical parameters are applied locally.
procedures used.
• All modifying factors are reviewed annually.
• Accuracy and confidence discussions should extend to specific
• Modifying Factors are reviewed periodically with reconciliations to evaluate accuracy and confidence of the
discussions of any applied Modifying Factors that may have a
estimates.

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ANNUAL RESOURCE & RESERVE STATEMENT
DECEMBER 2022

Criteria JORC Code explanation Commentary

material impact on Ore Reserve viability, or for which there are • Relative accuracy of the modifying factors compares well with production data which is compared on a
remaining areas of uncertainty at the current study stage. monthly and annual basis.
• It is recognised that this may not be possible or appropriate in
all circumstances. These statements of relative accuracy and
confidence of the estimate should be compared with
production data, where available.

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ANNUAL RESOURCE & RESERVE STATEMENT
DECEMBER 2022

APPENDIX B – PLANS & SECTIONS

Figure 5: Image of Savage River Site Infrastructure, Jan 2021

ANNUAL RESOURCE & RESERVE STATEMENT
DECEMBER 2022

Figure 6 Regional Geology (2008)

34a Alexander St, Burnie Tasmania 7320 Page 52 of 99

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DECEMBER 2022

Figure 7 North Pit Typical Cross Section

Figure 8 Centre Pit Typical Cross Section

34a Alexander St, Burnie Tasmania 7320 Page 53 of 99

ANNUAL RESOURCE & RESERVE STATEMENT
DECEMBER 2022

Figure 9 South Deposit Typical Cross section

34a Alexander St, Burnie Tasmania 7320 Page 54 of 99

ANNUAL RESOURCE & RESERVE STATEMENT
DECEMBER 2022

Figure 10 Long Plains Typical Cross Section

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DECEMBER 2022

APPENDIX C - DRILL HOLE DATA

Pursuant to the guidelines established in the JORC Code (2012 Edition), the following tables represents
the drill hole intercepts which support the Mineral Resource and Ore Reserve estimates for Savage
River. Thirty new holes were added for the calendar year 2022 and a new resource estimate was
completed in 2022. Holes drilled after June 2022 are not included in intercept as they do not inform
this new resource estimate.

Table 14 North Pit Drill Intercepts as at 30th June 2022

Max
Hole ID X Y Z Dip Azimuth depth from Depth to
depth
DH001 9385 6761 256 -41 102 27.4 192.3 203.6
DH001 9397 6704 307 -41 102 28.9 36.6 203.6
DH002 9594 6758 270 -45 295 74.7 219 263
DH017 8530 6628 159 -67 276 18.3 61.6 65.5
DH017 8530 6621 142 -67 276 55.8 61.6 65.5
DH025 8878 6672 181 -65 270 65.7 102.4 228.3
DH025 8878 6667 170 -65 270 75.6 118 228.3
DH025 8878 6671 178 -65 270 80.2 94.5 228.3
DH026 9229 6737 278 -63 270 14 165.5 181.4
DH026 9229 6733 270 -63 270 91.7 105.5 181.4
DH026 9229 6716 235 -63 270 133.7 140.5 181.4
DH026 9229 6734 271 -63 270 79.9 114.9 181.4
DH027 9781 6758 248 -44 270 143.3 171 291.1
DH027 9781 6774 264 -46 270 126.1 143.3 291.1
DH036 9422 6750 44 -53 300 254.2 423.1 439.2
DH036 9444 6711 -17 -48 300 408.4 420.9 439.2
DH037 9524 6750 -42 -54 294 289.6 543.5 546.8
DH043 10001 6760 258 -32 275 158.5 164 186.5
DH049 9022 6633 269 -50 274 46.8 57.9 88.4
DH049 9022 6633 269 -50 274 46.8 57.9 88.4
DH050 8908 6674 217 -47 94 57.3 155.4 209.1
DH050 8910 6655 238 -48 94 58.5 97.8 209.1
DH050 8912 6625 270 -48 94 23.8 45.1 209.1
DH050 8909 6671 220 -48 94 97.8 106.7 209.1
DH051 9238 6728 252 -55 94 3.7 199 234.7
DH051 9238 6733 245 -55 94 88.4 131.1 234.7
DH052 9329 6740 209 -57 286 103.6 219.3 326.7
DH052 9340 6704 152 -55 286 216.4 242.6 326.7
DH052 9349 6670 103 -53 286 285.6 294.7 326.7
DH053 9677 6771 169 -65 286 113.7 317.6 323.7
DH053 9675 6779 182 -66 286 198.1 201.2 323.7
N88101 8752 6657 225 -90 - 0 30 30
N88102 8752 6675 229 -90 - 0 24 24
N88104 8918 6676 220 -90 - 0 30 30
ND001 9740 6754 252 -45 270 102.5 214 326
ND001 9740 6780 278 -45 270 116 127.1 326
ND001 9740 6645 143 -45 270 305.3 317.6 326
ND002 9543 6771 244 -29 270 138.5 215.4 380
ND002 9543 6658 185 -25 270 300.5 308.2 380
ND003 9134 6740 124 -34 90 193.5 285 309
ND003 9134 6726 133 -35 90 199.1 245.6 309
ND003 9134 6695 155 -36 90 180 189.7 309

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ANNUAL RESOURCE & RESERVE STATEMENT
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Table 14 North Pit Drill Intercepts as at 30th June 2022

Max
Hole ID X Y Z Dip Azimuth depth from Depth to
depth
ND004 9291 6743 260 -49 270 50.1 175.9 175.9
ND004 9291 6763 283 -49 270 79.3 86.3 175.9
ND004 9291 6722 236 -50 270 143.9 146.1 175.9
ND034 9491 6772 329 -45 270 0 51.8 85
ND035 9440 6731 320 -45 270 0 76.5 85
ND035 9440 6706 295 -45 270 71.5 76.5 85
ND036 9441 6769 338 -45 90 0 27.1 71
ND037 9391 6737 314 -45 270 5.9 89.4 102.5
ND037 9391 6705 281 -45 270 89.4 97.7 102.5
ND038 9312 6719 296 -46 270 56.8 94.8 127.5
ND039 9340 6698 322 -45 270 0 72.5 78.5
ND040 9640 6789 312 -45 90 46.2 81.5 86
ND041 9517 6778 299 -45 241 28.5 108.5 108.5
ND042 9539 6788 324 -45 90 0 64.7 75.5
ND043 9195 6723 283 -47 270 2.5 143 147
ND043 9195 6717 280 -47 270 78 81 147
ND044 9250 6678 292 -50 270 46.4 111.6 112.7
ND044 9250 6707 326 -50 270 33.2 36.2 112.7
ND044 9250 6704 322 -50 270 33.2 46.4 112.7
ND045 9006 6628 265 -55 270 48.5 56.8 69.2
ND046 9141 6657 314 -55 270 0 22.4 56
ND046 9141 6633 280 -55 270 48.3 56 56
ND047 9541 6759 340 -50 270 0 19.7 43
ND048 9490 6802 327 -45 90 0 30.2 59
ND050 9491 6775 278 -45 270 34.5 132.3 145.5
ND051 9390 6734 252 -45 270 65 151.9 159.5
ND051 9390 6711 230 -45 270 128 151.9 159.5
ND051 9390 6721 239 -45 270 125 128 159.5
ND052 9339 6734 296 -45 270 1.5 71.5 110
ND053 9130 6716 254 -44 270 38.5 72.7 72.7
ND054 9097 6708 280 -40 270 5.8 17 17
ND055 9091 6691 231 -39 90 79.4 137 137
ND056 9189 6738 213 -42 270 104 158 210.5
ND056 9189 6716 192 -43 270 158 165.7 210.5
ND056 9189 6735 210 -42 270 128 144 210.5
ND057 9390 6780 233 -45 270 119.4 149 149
ND058 8742 6669 164 -43 90 67.5 144.2 153.5
ND058 8742 6653 178 -43 90 79 90.6 153.5
ND059 9590 6791 192 -60 90 94.1 252.3 262.3
ND060 8950 6665 240 -67 270 0 66.5 110
ND060 8950 6637 177 -65 270 93.2 110 110
ND060 8950 6656 220 -68 270 46.5 62.7 110
ND061 8832 6674 208 -53 270 42.5 85.5 110
ND061 8832 6668 200 -53 270 72 75 110
ND062 9042 6631 232 -40 90 81.6 87.5 165
ND063 9639 6793 232 -49 90 91.4 213.8 228.5
ND064 9440 6772 197 -45 90 105.7 217 240
ND064 9440 6734 234 -45 90 105.9 110.3 240
ND064 9440 6780 188 -45 90 170.9 175.4 240
ND065 8646 6644 193 -58 90 21.5 68.9 110
ND065 8646 6665 160 -57 90 65.4 102.4 110
ND065 8646 6662 163 -57 90 71.5 88.2 110

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ANNUAL RESOURCE & RESERVE STATEMENT
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Table 14 North Pit Drill Intercepts as at 30th June 2022

Max
Hole ID X Y Z Dip Azimuth depth from Depth to
depth
ND071 9091 6716 191 -48 268 0 21 103
ND071 9090 6708 182 -48 268 21 24.3 103
ND072 9348 6759 184 -42 91 0 93.5 103
ND073 9488 6791 178 -44 83 4.1 115 130
ND076 8591 6639 94 -37 90 137.1 143.1 173.1
ND076 8592 6654 83 -37 90 143.1 173.1 173.1
ND076 8592 6664 76 -37 90 168.2 173.1 173.1
ND077 8504 6613 179 -45 91 29.2 39.2 74.2
ND080 9742 6770 31 -58 87 251.6 425 530
ND080 9745 6827 -59 -58 87 422 466.1 530
ND080 9739 6641 239 -58 90 43.3 143.6 530
ND081 9658 6781 56 -55 89 201.7 412.7 516
ND081 9658 6776 60 -56 89 287.4 314.1 516
ND081 9657 6679 205 -56 89 115.3 138.5 516
ND081 9658 6789 42 -54 89 319.5 327.7 516
ND082 9194 6762 123 -49 272 187.7 224.7 407.7
ND082 9194 6736 94 -49 272 227.7 262 407.7
ND082 9196 6692 43 -49 272 298.6 327.3 407.7
ND082 9194 6755 116 -49 272 212.5 220.6 407.7
ND083 9345 6775 -54 -60 92 294.6 475 525.7
ND083 9347 6737 13 -60 92 297.6 316.9 525.7
ND083 9346 6757 -23 -60 92 346.4 350.3 525.7
ND085 9533 6773 39 -50 89 232.1 432.2 550
ND085 9531 6653 184 -51 89 132.4 156.3 550
ND086 9828 6748 89 -57 78 245.5 316.5 433.1
ND086 9836 6784 33 -56 78 316.5 380.5 433.1
ND086 9805 6643 254 -56 78 80.3 88.7 433.1
ND086 9835 6782 36 -57 78 337.5 351.2 433.1
ND089 8649 6661 144 -52 135 109 114.3 340.1
ND089 8641 6669 130 -53 135 114.3 144.2 340.1
ND089 8641 6669 129 -53 135 128.2 132.3 340.1
ND094 8945 6681 149 -40 270 65 115.8 210
ND094 8945 6648 121 -40 270 115.8 152.2 210
ND094 8945 6675 144 -40 270 94 103.3 210
ND096 9091 6739 120 -60 270 70.6 98 185.1
ND096 9091 6724 94 -60 270 98 132 185.1
ND097 8890 6700 105 -63 270 92.7 149.9 257.5
ND097 8890 6679 64 -62 270 149.9 183.9 257.5
ND097 8890 6658 26 -61 270 202 218.8 257.5
ND097 8890 6694 92 -63 270 132.1 139.9 257.5
ND098 8840 6692 138 -56 270 80 107.8 205.7
ND099 8740 6677 146 -64 270 63.6 111.3 137
ND099 8740 6678 150 -64 270 81.3 86.4 137
ND100 8640 6670 57 -63 90 188.1 205.1 214.7
ND100 8640 6663 70 -63 90 175.8 188.1 214.7
ND100 8640 6668 60 -63 90 188.1 197.8 214.7
ND101 8563 6664 56 -48 71 161.8 220.5 235
ND101 8554 6640 83 -48 71 145 161.8 235
ND101 8557 6647 74 -48 71 161.8 169.5 235
ND103 8590 6654 195 -50 90 4 38 100
ND103 8590 6647 203 -50 90 0 20 100
ND104 8675 6680 151 -60 90 68 74 87

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ANNUAL RESOURCE & RESERVE STATEMENT
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Table 14 North Pit Drill Intercepts as at 30th June 2022

Max
Hole ID X Y Z Dip Azimuth depth from Depth to
depth
ND104 8675 6662 182 -60 90 0 70 87
ND106 9798 6756 294 -60 270 58 78 100
ND109 9784 6644 303 -60 178 14 48 78
ND110 9750 6633 297 -60 270 14 64 100
ND200101 9781 6773 152 -44 267 212.9 303.9 370
ND200101 9782 6788 166 -44 267 216.4 259.2 370
ND200101 9780 6766 145 -44 268 262.5 273.9 370
ND200102 9390 6717 116 -59 269 0 8 162.4
ND200102 9389 6677 48 -59 269 78.4 87 162.4
ND200103 9393 6769 48 -56 86 0 172.4 185
ND200103 9392 6744 86 -56 86 35.1 44.9 185
ND200103 9394 6785 24 -56 86 113.6 115.6 185
ND200103 9391 6732 103 -55 86 8.8 30.9 185
ND200103 9392 6744 86 -56 86 29.2 50.8 185
ND200103 9394 6786 24 -56 86 113.6 117.6 185
ND200104 9833 6757 148 -51 268 198 287.7 296.2
ND200104 9834 6770 164 -51 268 202.5 243.2 296.2
ND200111 9738 6776 147 -40 270 213 351.4 380.1
ND200111 9738 6803 171 -40 270 221.2 271.3 380.1
NDDH0501 9188 6760 33 -68 268 102.9 226 483.9
NDDH0501 9188 6743 -7 -67 268 193 222 483.9
NDDH0501 9187 6706 -97 -68 269 276.8 334 483.9
NDDH0501 9188 6765 46 -68 268 142 158.7 483.9
NDDH0503 9558 6688 -154 -60 82 467.2 490 783.1
NDDH0503 9568 6763 -274 -57 83 541.3 699.6 783.1
NDDH0503 9555 6672 -125 -60 82 428.5 463.1 783.1
NDDH0504 9393 6770 -72 -60 87 125.1 315.1 334
NDDH0504 9394 6789 -105 -60 87 258 259 334
NDDH0504 9389 6659 115 -57 89 0 6.7 334
NDDH0504 9394 6790 -106 -60 87 258 263 334
NDDH0505 9486 6767 -16 -53 89 57.7 262 314.8
NDDH0506 9286 6762 -90 -62 94 145.3 349.4 351.4
NDDH0506 9288 6733 -36 -61 94 186.1 187.1 351.4
NDDH0506 9284 6794 -148 -62 94 308 320 351.4
NDDH0506 9287 6743 -54 -61 94 184 230 351.4
NDDH0506 9291 6683 54 -61 93 64.5 102 351.4
NDDH0506 9288 6732 -34 -61 94 182 187.1 351.4
NDDH0506 9284 6794 -148 -62 94 308 320 351.4
NDDH0507 9728 6762 -101 -59 91 306.3 507.7 560.5
NDDH0507 9729 6646 91 -57 91 173.9 191.6 560.5
NDDH0507 9728 6776 -125 -59 91 434.4 436 560.5
NDDH0508 9664 6713 -133 -59 83 455.8 477.4 477.4
NDDH0508 9657 6650 -32 -57 84 316 378 477.4
NDDH0601 9961 6767 -84 -54 70 430 536 603.4
NDDH0601 9971 6794 -124 -53 70 527 536 603.4
NDDH0601 9924 6664 65 -53 70 290 304.3 603.4
NDDH0602 9928 6764 5 -40 266 472.9 553.2 750.1
NDDH0602 9930 6785 23 -39 266 476 496 750.1
NDDH0602 9915 6631 -113 -43 264 686 697.5 750.1
NDDH0606 9056 6749 23 -54 89 168.7 277.5 285.5
NDDH0606 9056 6744 30 -54 89 210.2 218.9 285.5
NDDH0606 9056 6725 55 -54 89 181.8 184.6 285.5

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Table 14 North Pit Drill Intercepts as at 30th June 2022

Max
Hole ID X Y Z Dip Azimuth depth from Depth to
depth
NDDH0606 9055 6648 159 -53 89 50.6 57.4 285.5
NDDH0606 9056 6744 30 -54 89 210.2 218.9 285.5
NDDH0607 9003 6753 -36 -60 83 250 317.5 317.5
NDDH0607 8996 6687 80 -59 85 149.8 150.8 317.5
NDDH0607 8999 6708 42 -60 84 127 261 317.5
NDDH0607 8992 6630 171 -57 87 29.9 55.3 317.5
NDDH0607 8998 6697 61 -59 85 94.7 247.9 317.5
NDDH0608 9641 6650 103 -56 271 3 58 107.3
NDDH0609 9593 6651 95 -55 274 12 55 201.5
NDDH0610 9572 6654 89 -55 231 19 62.8 130.5
NDDH0611 9483 6660 46 -56 295 71.5 85 181.5
NDDH0612 9456 6661 57 -56 261 59.9 70 146.6
NDDH0613 9643 6779 -11 -52 93 59.9 294 315.5
NDDH0613 9644 6763 7 -52 93 146 160 315.5
NDDH0614 8958 6691 60 -49 253 193 195 276.3
NDDH0614 8962 6705 76 -49 253 171 174 276.3
NDDH0614 8962 6705 75 -49 253 135.4 211.3 276.3
NDDH0614 8949 6658 18 -50 254 222 275 276.3
NDDH0614 8959 6694 63 -49 254 169 211.3 276.3
NDDH0615 9151 6761 26 -57 309 163.4 238 263.6
NDDH0615 9167 6741 -13 -56 309 238 257.6 263.6
NDDH0615 9151 6761 26 -57 310 196.2 204.6 263.6
NDDH0616 9089 6742 36 -56 274 138.5 243 287.7
NDDH0616 9090 6732 20 -57 274 207 212 287.7
NDDH0616 9092 6694 -39 -58 273 272.1 287.7 287.7
NDDH0616 9089 6748 45 -56 274 179.3 181.3 287.7
NDDH07001 8639 6663 183 -54 87 1.6 19.5 120
NDDH07001 8639 6657 191 -54 88 0 1.6 120
NDDH07002 8689 6681 45 -56 270 192 197 225.4
NDDH07002 8689 6679 41 -56 270 196 201.5 225.4
NDDH07022 8836 6698 100 -58 267 111.4 157.5 243.2
NDDH07022 8836 6690 87 -58 267 149 152.1 243.2
NDDH07022 8836 6691 88 -58 267 147 152.1 243.2
NDDH07023 8995 6726 97 -50 275 120.9 151 204.2
NDDH07023 8996 6709 76 -51 275 120.9 204.2 204.2
NDDH07023 8998 6690 53 -51 274 180 204.2 204.2
NDDH08035 9534 6802 58 -90 90 0 25 25
NDDH08036 9340 6778 56 -60 346 0 47.2 47.2
NDDH08037 9469 6796 61 -60 350 0 10 10
NDDH08038 9477 6799 48 -60 13 0 41 41
NDDH09054 10138 6771 245 -53 95 66 134.3 163.7
NDDH09055 10189 6774 240 -52 88 91.5 127.6 149.6
NDDH09056 10035 6762 233 -61 97 89.3 112.2 118.4
NDDH09063 10307 6758 183 -53 285 189.3 195.8 259.5
NDDH09064 9985 6773 121 -52 92 221 233 349.3
NDDH09064 9985 6754 145 -52 92 172 221 349.3
NDDH09064 9989 6658 264 -51 92 41.5 46 349.3
NDDH09065 9936 6767 109 -50 269 257.3 298.5 329.2
NDDH09065 9936 6768 109 -50 269 265 289.5 329.2
NDDH10066 10028 6785 126 -50 265 250 253.1 368.5
NDDH10066 10028 6793 136 -50 265 225.4 252 368.5
NDDH10067 10139 6786 69 -56 87 282 296.3 296.3

34a Alexander St, Burnie Tasmania 7320 Page 60 of 99

ANNUAL RESOURCE & RESERVE STATEMENT
DECEMBER 2022

Table 14 North Pit Drill Intercepts as at 30th June 2022

Max
Hole ID X Y Z Dip Azimuth depth from Depth to
depth
NDDH10067 10136 6674 237 -55 92 68.8 104.6 296.3
NDDH10068 10093 6789 169 -50 87 149.2 167.6 206.5
NDDH10069 9938 6751 223 -50 93 61.6 73.6 177.8
NDDH10069 9937 6763 208 -51 94 73.6 100.4 177.8
NDDH10070 10084 6795 176 -50 295 158 182 295.1
NDDH10071 10063 6793 31 -50 254 379 385.2 510
NMAP08010 9090 6628 190 0 88 62.3 136 136
NP005 9492 6785 356 -90 270 0 39.5 39.5
NP006 9341 6715 346 -60 270 0 33 33
NP008 9687 6783 314 -58 90 48 66 66
NP010 9444 6759 347 -59 90 0 45 45
NP011 9340 6742 338 -60 270 3 65 65
NP012 9587 6787 343 -60 90 18 39 39
NP013 9190 6687 314 -60 270 0 48 48
NP014 9340 6756 328 -60 270 38 57 57
NP016 9441 6768 339 -90 - 0 72 72
NP017 9240 6759 316 -60 90 6 57 69
NP018 9090 6660 298 -60 270 0 39 43
NP019 9192 6745 321 -90 180 0 15 15
NP021 9091 6675 303 -90 270 0 23 23
NP024 9243 6707 314 -90 - 21 33 33
NP025 9139 6690 273 -90 - 0 96 96
NP2018_05 9878 6754 2 -50 260 9.8 70 292.5
NP2018_05 9882 6776 29 -50 260 0 9.8 292.5
NP2018_05 9855 6636 -150 -51 260 228.2 239.2 292.5
NP2018_06 9892 6791 21 -49 48 0 30.8 202
NP8701 9140 6690 242 -90 - 0 27 27
NP8703 9515 6778 271 -90 - 0 24 24
NP8704 9480 6790 273 -90 - 0 21 21
NP8705 9463 6769 264 -90 270 0 36 36
NP8706 9091 6687 236 -90 - 0 36 36
NP8707 9288 6715 239 -90 270 0 36 36
NP8708 9239 6710 238 -90 180 0 36 36
NP8709 9157 6737 237 -90 - 0 36 36
NP8710 8789 6675 225 -90 - 0 21 21
NP8711 9288 6662 270 2 302 9 18 54
NP8712 9489 6815 252 -90 - 18 42 42
NP8713 9490 6795 261 -90 - 0 42 42
NP8714 9490 6780 279 -90 - 0 6 6
NP8715 9490 6764 261 -90 - 0 42 42
NP8717 9540 6797 266 -90 - 0 33 33
NP8718 9253 6641 283 -90 - 0 9 9
NP8723 9251 6625 280 -90 - 0 15 21
NP8724 9238 6629 277 -90 - 0 21 21
NP8727 9490 6750 264 -90 - 0 36 36
NP8729 9540 6765 266 -90 270 0 33 33
NP8730 9515 6810 251 -90 - 21 42 42
NP8731 9515 6795 264 -90 180 0 36 36
NP8732 9566 6807 252 -90 - 27 33 33
NP8733 9515 6760 261 -90 - 0 42 42
NP8735 9051 6690 238 -90 - 0 33 33
NP8736 9065 6690 244 -90 - 0 21 21

34a Alexander St, Burnie Tasmania 7320 Page 61 of 99

ANNUAL RESOURCE & RESERVE STATEMENT
DECEMBER 2022

Table 14 North Pit Drill Intercepts as at 30th June 2022

Max
Hole ID X Y Z Dip Azimuth depth from Depth to
depth
NP8737 9065 6703 236 -90 - 15 21 21
NP8738 9015 6690 239 -90 - 0 33 33
NP8739 9065 6678 248 -90 - 0 15 21
NP8742 9090 6680 246 -90 - 0 18 18
NP8743 9091 6667 254 -90 - 0 3 21
NP8744 9116 6677 254 -90 - 0 3 3
NP8745 9115 6689 254 -90 - 0 3 3
NP8746 9140 6679 251 -90 90 0 9 9
NP8801 9139 6678 251 -90 - 0 9 21
NP8802 9142 6691 245 -90 - 0 21 21
NP8803 9115 6701 245 -90 180 0 21 21
NP8803 9115 6701 239 -90 - 15 18 21
NP8805 8935 6680 245 -90 - 0 18 18
NP8806 8915 6688 244 -90 - 0 21 21
NP8808 8915 6674 247 -90 - 0 12 12
NP8811 9166 6720 249 -90 - 0 12 12
NP8812 9127 6710 250 -90 - 0 9 9
NP8813 9167 6699 245 -90 - 0 21 21
NP8814 9191 6702 254 -90 - 0 3 3
NP8815 9192 6720 254 -90 - 0 3 3
NP8815 9192 6720 254 -90 - 0 3 3
NP8816 9215 6725 252 -90 - 0 6 6
NP8817 9213 6706 245 -90 180 0 21 21
NP8818 9240 6732 254 -90 - 0 3 3
NP8819 9262 6732 245 -90 207 0 21 21
NP8821 9387 6785 248 -90 - 12 30 30
NP8822 9438 6789 253 -90 - 3 33 33
NP8823 9437 6768 255 -90 270 0 33 33
NP8824 9412 6767 270 -90 - 0 3 3
NP8825 9239 6760 254 -90 - 0 24 24
NP8827 9290 6766 256 -90 207 0 21 21
NP8827 9290 6766 256 -90 207 0 21 21
NP8828 9315 6761 251 -90 - 0 33 33
NP8829 9315 6774 254 -90 - 0 27 27
NP8835 9240 6636 266 -90 - 0 21 21
NP8836 9238 6660 271 -90 90 0 9 21
NP8840 9144 6634 268 -90 - 0 27 27
NP8841 9110 6623 274 -90 - 0 15 27
NP8842 9090 6614 274 -90 - 0 18 27
NP8845 9141 6622 280 -90 - 0 3 12
NP8847 8814 6672 225 -90 - 0 21 21
NP8849 8839 6682 230 -90 - 0 12 12
NP8850 8839 6669 227 -90 - 0 18 18
NP8853 8863 6676 229 -90 270 0 15 15
NP8854 8890 6676 229 -90 270 0 15 15
NP8855 8892 6659 232 -90 - 0 9 9
NP8858 8865 6662 233 -90 - 0 3 3
NP8859 9154 6747 229 -90 - 24 27 27
NP8860 9174 6754 228 -90 - 21 33 33
NP8862 9190 6730 254 -90 - 0 3 3
NP8863 9172 6720 246 -90 - 0 18 21
NP8863 9172 6720 236 -90 - 18 21 21

34a Alexander St, Burnie Tasmania 7320 Page 62 of 99

ANNUAL RESOURCE & RESERVE STATEMENT
DECEMBER 2022

Table 14 North Pit Drill Intercepts as at 30th June 2022

Max
Hole ID X Y Z Dip Azimuth depth from Depth to
depth
NP8864 9232 6760 254 -90 - 0 3 3
NP8865 9215 6740 254 -90 - 0 3 3
NP8870 8968 6656 234 -90 - 0 12 12
NP8871 8992 6664 230 -90 - 0 21 21
NP8873 8943 6632 223 -90 - 12 21 21
NP8874 8943 6653 229 -90 - 0 21 21
NP8875 8914 6651 232 -90 270 0 15 15
NP8876 8918 6631 233 -90 - 0 12 12
NPRC07009 9115 6715 132 -59 337 0 39 72
NPRC07010 9111 6713 139 -62 252 0 18 71
NPRC07011 9082 6716 150 -65 296 0 3 70
NPRC07011 9083 6713 142 -65 296 3 18 70
NPRC07012 9077 6716 149 -54 251 0 7 80
NPRC07013 9021 6688 127 -55 253 0 71 88
NPRC07013 9017 6673 105 -55 253 54 71 88
NPRC07014 9031 6701 150 -65 296 0 14 88
NPRC07015 8982 6685 141 -54 287 0 51 100
NPRC07015 8990 6657 102 -52 287 64 84 100
NPRC07015 8989 6662 109 -52 287 47 84 100
NPRC07016 8971 6674 118 -57 256 47 56 120
NPRC07016 8974 6685 136 -57 256 4 56 120
NPRC07016 8966 6653 85 -57 256 87 94 120
NPRC07016 8971 6673 117 -57 256 47 59 120
NPRC07017 8840 6674 157 -53 270 19 25 60
NPRC07017 8840 6675 159 -53 270 17 24 60
NPRC07017 8840 6664 145 -52 270 37 39 60
NPRC07017 8840 6677 162 -53 270 9 24 60
NPRC07018 8793 6669 161 -64 270 17 24 41
NPRC07018 8793 6663 149 -64 270 33 35 41
NPRC07018 8793 6669 161 -64 270 19 23 41
NPRC07019 8890 6688 159 -66 271 12 13 91
NPRC07019 8891 6664 106 -65 271 70 71 91
NPRC07019 8890 6676 133 -66 271 12 70 91
NPRC07019 8890 6682 145 -66 271 26 29 91
NPRC07020 8929 6706 110 -54 279 109 154 154
NPRC07020 8930 6699 100 -54 279 143 144 154
NPRC07021 8884 6728 61 -61 267 167 195 195
NPRC09039 9002 6700 123 -50 273 4 40 40
NPRC09039 9002 6689 110 -50 273 39 40 40
NPRC09040 8993 6689 116 -50 274 9 54 60
NPRC09040 8995 6671 94 -50 274 59 60 60
NPRC09040 8994 6678 102 -50 274 40 60 60
NPRC09041 8989 6713 124 -50 267 21 22 60
NPRC09041 8988 6697 104 -49 267 34 60 60
NPRC09042 9015 6711 124 -49 270 0 43 50
NPRC09043 9040 6729 115 -51 270 9 54 65
NPRC09043 9040 6716 99 -51 270 51 53 65
NPRC09044 9015 6720 106 -51 270 25 60 70
NPRC09044 9015 6706 89 -51 270 60 70 70
NPRC09045 9003 6707 111 -51 270 24 52 60
NPRC09045 9003 6704 107 -51 270 25 60 60
NPRC09045 9003 6695 96 -51 270 54 60 60

34a Alexander St, Burnie Tasmania 7320 Page 63 of 99

ANNUAL RESOURCE & RESERVE STATEMENT
DECEMBER 2022

Table 14 North Pit Drill Intercepts as at 30th June 2022

Max
Hole ID X Y Z Dip Azimuth depth from Depth to
depth
NPRC09047 10211 6777 296 -50 95 31 71 75
NPRC09048 10145 6780 272 -52 90 32 99 100
NPRC09052 10042 6773 307 -49 80 4 34 70
NPRC09053 9996 6762 316 -49 85 4 9 70
NPRC09058 10336 6771 290 -48 94 42 49 82
NPRC09059 10314 6773 302 -54 89 18 35 58
NPRC09060 10283 6784 275 -46 117 62 71 82
NPRC09061 10394 6764 313 -47 86 9 55 76
NPRC09062 10370 6771 293 -47 100 55 64 76
NPRC10072 9990 6765 221 -42 90 75 78 124
NPRC10072 9990 6755 231 -43 90 50 76 124
NPRC10073 9926 6750 265 -48 128 9 20 91
NPRC10073 9919 6758 253 -48 128 20 41 91
NPRC10076 8790 6709 51 -52 90 12 114 119
NPRC10076 8790 6689 77 -52 90 23 36 119
NPRC10076 8790 6693 72 -53 90 23 49 119
NPRC10077 10390 6699 245 -50 270 75 79 100
NPRC10079 10342 6697 243 -49 272 75 84 100
NPRC10086 8591 6661 119 -60 273 37 74 105
NPRC10086 8591 6667 129 -60 273 44 45 105
NPRC10086 8592 6646 91 -60 273 73 102 105
NPRC10086 8591 6665 126 -60 273 44 51 105
NPRC10087 8591 6669 83 -59 259 92 108 114
NPRC10087 8590 6663 72 -59 259 112 113 114
NPRC10087 8590 6664 73 -59 259 108 114 114
NPRC10087 8590 6664 73 -59 259 108 114 114
NPRC10089 8753 6706 63 -61 227 18 57 108
NPRC10089 8744 6698 41 -61 227 57 67 108
NPRC10091 8690 6649 152 -56 94 1 2 84
NPRC10091 8689 6666 128 -56 94 1 61 84
NPRC10092 8546 6654 130 -60 258 20 66 66
NPRC10092 8546 6654 132 -60 258 41 42 66
NPRC10092 8546 6655 133 -60 258 40 41 66
NPRC10092 8546 6652 127 -60 258 41 53 66
NPUG2018_01 8988 6827 -520 -50 268 1029.7 1039 1121.9
NPUG2018_01 8987 6793 -559 -48 268 1079 1093 1121.9
NPUG2018_02 9942 6774 -330 -62 274 645 685.7 875
NPUG2018_02 9951 6690 -481 -60 277 833.6 844.4 875
NPUG2018_03 9945 6759 -275 -61 277 574.7 667.3 758.9
NPUG2018_03 9942 6784 -230 -61 277 564.4 574.7 758.9
NPUG2018_04 10138 6774 -238 -65 286 547.3 624 997
NPUG2018_04 10135 6786 -213 -65 285 548.3 568 997
NPUG2018_04 10167 6685 -428 -64 290 774.7 821.3 997
NPUG2018_05 9202 6776 -285 -40 282 774.1 918.3 1088.1
NPUG2018_05 9201 6781 -279 -41 282 837.4 838.4 1088.1
NPUG2018_05 9204 6767 -292 -41 282 848.3 867 1088.1
NPUG2018_05 9233 6620 -420 -40 280 1050 1058.9 1088.1
NPUG2018_05 9200 6788 -273 -40 282 819 838.4 1088.1
NPUG2018_06 9135 6761 -180 -36 269 717.9 838 887.5
NPUG2018_06 9135 6782 -166 -35 269 751.4 754.4 887.5
NPUG2018_06 9135 6757 -183 -36 269 776.6 789 887.5
NPUG2018_06 9135 6723 -207 -35 269 819 830.2 887.5

34a Alexander St, Burnie Tasmania 7320 Page 64 of 99

ANNUAL RESOURCE & RESERVE STATEMENT
DECEMBER 2022

Table 14 North Pit Drill Intercepts as at 30th June 2022

Max
Hole ID X Y Z Dip Azimuth depth from Depth to
depth
NPUG2018_06 9135 6777 -169 -35 269 750.4 765.4 887.5
NPUG2018_07 10082 6778 -458 -71 267 755.8 819.5 939.3
NPUG2018_08 9327 6770 -185 -39 276 710 827.1 827.1
NPUG2018_08 9327 6768 -187 -39 276 764.8 776.5 827.1
NPUG2018_08 9327 6768 -187 -39 276 762.8 778.4 827.1
NPUG2018_09 9326 6772 -304 -45 278 811 894 983.3
NPUG2018_09 9334 6718 -357 -44 278 925.9 931.6 983.3
NPUG2018_09 9327 6761 -315 -44 278 866.8 869.3 983.3
NPUG2018_10 9411 6792 -290 -47 259 785 889.9 1115
NPUG2018_10 9390 6691 -401 -46 257 985 991.5 1115
NPUG2018_10 9381 6650 -445 -46 256 1043.3 1055.6 1115
NPUG2018_10 9411 6790 -292 -47 259 837.7 842 1115
NPUG2018_11 10120 6763 -169 -58 139 442 584.2 638.6
NPUG2018_11 10216 6676 49 -60 138 243 276.3 638.6
NPUG2018_11 10177 6712 -41 -59 138 342.5 387 638.6
NPUG2018_12 9495 6778 -162 -39 274 691.8 809 968.2
NPUG2018_12 9502 6686 -236 -39 275 867.5 870.4 968.2
NPUG2018_13 10191 6758 -388 -72 270 662 771 956.7
NPUG2018_13 10190 6717 -504 -68 270 818.9 860 956.7
NPUG2018_14 9548 6788 -182 -40 260 670.9 805 1131
NPUG2018_14 9530 6683 -272 -40 260 874 881 1131
NPUG2018_15 9037 6778 -197 -36 264 774.8 852.9 971.1
NPUG2018_15 9034 6747 -220 -36 264 829.6 875.6 971.1
NPUG2018_16 9744 6785 -507 -59 262 918.1 977.3 1148.6
NPUG2018_16 9743 6778 -519 -59 262 961 964 1148.6
NPUG2018_16 9731 6703 -641 -57 261 1087.9 1123 1148.6
NPUG2018_16 9745 6795 -490 -60 262 893.5 964 1148.6
NPUG2018_17 9714 6773 -257 -52 254 668 813.8 1022.2
NPUG2018_17 9717 6785 -242 -52 254 711.6 731 1022.2
NPUG2018_17 9683 6662 -399 -50 254 913.8 931.8 1022.2
NPUG2018_17 9718 6786 -240 -52 254 707.1 731 1022.2
NPUG2018_18b 9793 6765 -369 -55 267 822.7 844.7 1028.5
NPUG2018_18b 9794 6792 -330 -55 268 783.7 789.8 1028.5
NPUG2018_18b 9790 6718 -434 -53 265 909.6 919.2 1028.5
NPUG2018_18b 9786 6651 -522 -52 266 1020.8 1028.5 1028.5
NPUG2018_18b 9793 6772 -360 -55 267 810.2 835.2 1028.5
NPUG2018_19 10252 6758 93 -41 279 290.3 300.7 722.6
NPUG2018_19 10265 6677 23 -40 279 399.9 406.4 722.6
NPUG2022_20 10200 6789 -40 -58 118 354.5 402.4 467.6
NPUG2022_20 10261 6686 145 -57 123 133.9 182 467.6
NPUG2022_23 10309 6688 70 -70 89 209.9 228.3 587.8
NRC200403 9821 6766 270 -55 89 0 23 65
NRC200405 9821 6757 255 -52 87 29 38 102
NRC200405 9821 6769 241 -51 87 37 67 102
NRC200406 9843 6762 268 -55 92 1 30 102
NRC200406 9843 6762 268 -55 92 2 29 102
NRC200408 9845 6756 239 -55 90 51 57 102
NRC200408 9845 6770 221 -55 90 57 96 102
NRC200408 9845 6767 224 -55 90 71 75 102
NRC200509 9720 6747 145 -59 140 28 152 152
NRC200510 9722 6767 158 -62 176 0 140 140
NRC200611 9029 6730 93 -54 268 98 168 202

34a Alexander St, Burnie Tasmania 7320 Page 65 of 99

ANNUAL RESOURCE & RESERVE STATEMENT
DECEMBER 2022

Table 14 North Pit Drill Intercepts as at 30th June 2022

Max
Hole ID X Y Z Dip Azimuth depth from Depth to
depth
NRC200611 9028 6720 79 -54 268 146 154 202
NRC200611 9028 6706 60 -53 268 152 196 202
NRC200611 9028 6720 79 -54 268 146 154 202
NRC200612 9155 6740 88 -56 245 28 120 180
NRC200612 9148 6726 64 -55 245 88 118 180
NRC200612 9134 6694 15 -52 245 158 168 180
NRC200612 9156 6743 91 -57 245 52 88 180
NRC200613 9230 6762 103 -55 268 38 76 196
NRC200613 9230 6758 96 -55 268 64 66 196
NRC200613 9230 6743 76 -53 268 76 104 196
NRC200613 9227 6685 3 -49 268 172 194 196
NRC200613 9230 6753 90 -54 268 52 94 196
NRC200614 8990 6734 124 -47 269 104 106 196
NRC200614 8990 6706 95 -45 269 112 180 196
NRC200614 8989 6676 65 -43 269 180 196 196
NRC200614 8989 6681 70 -43 269 166 196 196
NRC200615 8797 6689 125 -51 282 86 122 170
NRC200615 8799 6680 114 -50 282 118 120 170
NRC200615 8799 6680 114 -50 282 118 120 170
UDDH2019_02 8724 6694 -52 -29 265 285.9 342 381.1
UDDH2019_02 8724 6690 -54 -29 265 294.9 342 381.1
UDDH2019_02 8725 6702 -47 -29 266 301 308.6 381.1
UDDH2019_03 8909 6743 -138 -42 304 343.8 385.4 652.9
UDDH2019_03 8925 6720 -164 -43 304 393.2 414 652.9
UDDH2019_03 8932 6708 -177 -43 304 404.4 440.3 652.9
UDDH2019_03 8903 6752 -128 -42 304 348 352.6 652.9
UDDH2019_04 8807 6718 -206 -50 282 391.7 411.7 563.2
UDDH2019_04 8810 6704 -223 -50 282 411.1 437.4 563.2
UDDH2019_04 8821 6650 -291 -52 281 503.9 520.1 563.2
UDDH2019_04 8808 6713 -212 -50 282 409 411.1 563.2
UDDH2019_05 9014 6768 -192 -39 303 408.3 480.4 846.1
UDDH2019_05 9028 6747 -213 -39 303 449.1 505 846.1
UDDH2019_05 9046 6720 -240 -40 304 506 531.6 846.1
UDDH2019_06 9056 6754 -93 -22 285 363.4 453.7 615.1
UDDH2019_06 9062 6730 -103 -21 285 411.7 459.1 615.1
UDDH2019_06 9072 6694 -118 -21 285 471.4 480.1 615.1
UDDH2019_06 9055 6757 -92 -22 284 395 416.7 615.1
UDDH2019_07 9151 6777 -83 -17 281 366.5 450.3 632.5
UDDH2019_07 9149 6783 -81 -17 280 401.7 402.7 632.5
UDDH2019_07 9156 6748 -92 -16 283 436 441.7 632.5
UDDH2019_07 9163 6720 -100 -17 284 464 473.3 632.5
UDDH2019_07 9149 6786 -80 -17 280 394.7 402.7 632.5
UDDH2019_08 9154 6756 -217 -31 278 426.9 543.5 813.3
UDDH2019_08 9150 6787 -198 -30 279 448.2 449.2 813.3
UDDH2019_08 9154 6760 -214 -31 278 473 486.9 813.3
UDDH2019_08 9150 6785 -199 -30 279 446.2 455.3 813.3
UDDH2020_10 9470 6779 -213 -28 284 394.9 503 670
UDDH2020_10 9493 6685 -266 -30 284 558 560 670
UDDH2020_10 9467 6790 -206 -28 283 432.7 438.8 670
UDDH2020_11 9308 6763 -208 -24 263 401.2 504 652.2
UDDH2020_11 9311 6782 -200 -25 263 427.4 435 652.2
UDDH2020_11 9301 6705 -234 -22 264 515 517.2 652.2

34a Alexander St, Burnie Tasmania 7320 Page 66 of 99

ANNUAL RESOURCE & RESERVE STATEMENT
DECEMBER 2022

Table 14 North Pit Drill Intercepts as at 30th June 2022

Max
Hole ID X Y Z Dip Azimuth depth from Depth to
depth
UDDH2020_11 9308 6762 -209 -24 263 427.4 480.5 652.2
UDDH2020_12 9393 6767 -222 -26 275 399.7 503.2 650.6
UDDH2020_12 9398 6706 -251 -24 275 517 522.4 650.6
UDDH2020_13 9450 6768 -141 -18 280 367.6 480.5 592.3
UDDH2020_13 9459 6716 -158 -19 281 478.1 480.5 592.3
UDDH2020_13 9464 6689 -167 -19 280 507.5 509 592.3
UDDH2020_14 9554 6815 -220 -34 279 345.2 352.6 383.5
UDDH2020_14A 9570 6783 -237 -35 281 343.5 429.7 617.8
UDDH2020_14A 9592 6675 -316 -36 281 514.3 530.4 617.8
UDDH2020_15 9690 6779 -281 -33 300 402.7 502.9 735
UDDH2020_15 9685 6788 -274 -33 301 437.9 442 735
UDDH2020_15 9736 6698 -343 -34 298 561 569.2 735
UDDH2020_15 9765 6645 -383 -32 300 630.2 643 735
UDDH2020_15 9685 6788 -274 -33 301 437.9 442 735
UDDH2020_16 9639 6810 -199 -28 296 343.6 384.4 384.4
UDDH2020_16 9646 6795 -207 -28 296 382 383.1 384.4
UDDH2020_16 9646 6795 -207 -28 296 382 383.1 384.4
UDDH2020_17 9664 6776 -119 -15 298 289.3 455.2 572.5
UDDH2020_17 9737 6644 -156 -13 299 523.6 530.9 572.5
UDDH2020_18A 9775 6765 -67 -1 269 40.5 159.4 237.1
UDDH2020_18A 9775 6773 -67 -1 269 87.5 94.6 237.1
UDDH2020_18A 9776 6806 -66 0 269 44.5 73 237.1
UDDH2020_18A 9775 6656 -69 -2 269 204.6 212.3 237.1
UDDH2020_18A 9775 6772 -67 -1 269 87.5 96.9 237.1
UDDH2021_20 10123 6774 7 13 321 348 355 409
UDDH2021_21 10114 6777 -63 6 321 324.3 347.4 402.5
UDDH2021_22 10030 6786 -9 14 311 268.7 285.5 522.1
UDDH2021_22 10022 6795 -13 14 310 257.5 271.1 522.1
UDDH2021_22 10130 6674 31 16 313 416.6 448.1 522.1
UDDH2021_23 10022 6801 -70 4 312 253.9 254.9 263.9
UDDH2021_23 10025 6798 -69 4 312 254.9 263.9 263.9
UDDH2021_24 10035 6789 -130 -8 312 262 297 360.4
UDDH2021_25 9991 6776 61 28 303 282.2 289.2 425.1
UDDH2021_25 9987 6783 57 28 303 271.2 282.4 425.1
UDDH2021_26 9996 6777 -90 2 305 229.7 292.8 429.2
UDDH2021_26 9983 6795 -90 1 304 232.3 245.9 429.2
UDDH2021_27 9895 6760 -86 1 281 198.4 284 290.5
UDDH2021_27 9890 6786 -86 0 280 205.4 225.1 290.5
UDDH2021_28 9874 6747 -248 -29 275 285.9 334.3 365.9
UDDH2021_28 9871 6775 -232 -30 275 269.4 285.9 365.9
UDDH2021_29 9110 6787 -256 -26 278 467.8 501.9 627.5
UDDH2021_29 9115 6756 -270 -24 279 501.9 537.8 627.5
UDDH2021_29 9120 6724 -285 -23 280 547 562.9 627.5
UDDH2021_29 9111 6776 -261 -25 278 485.7 509.3 627.5
UDDH2021_30 9864 6756 -362 -44 273 370.5 392.9 431.9
UDDH2021_30 9863 6767 -350 -45 272 359.3 371.5 431.9
DH001 9385 6761 256 -41 102 27.4 192.3 203.6
DH001 9397 6704 307 -41 102 28.9 36.6 203.6
DH002 9594 6758 270 -45 295 74.7 219 263
DH017 8530 6628 159 -67 276 18.3 61.6 65.5
DH017 8530 6621 142 -67 276 55.8 61.6 65.5
DH025 8878 6672 181 -65 270 65.7 102.4 228.3

34a Alexander St, Burnie Tasmania 7320 Page 67 of 99

ANNUAL RESOURCE & RESERVE STATEMENT
DECEMBER 2022

Table 14 North Pit Drill Intercepts as at 30th June 2022

Max
Hole ID X Y Z Dip Azimuth depth from Depth to
depth
DH025 8878 6667 170 -65 270 75.6 118 228.3
DH025 8878 6671 178 -65 270 80.2 94.5 228.3
DH026 9229 6737 278 -63 270 14 165.5 181.4
DH026 9229 6733 270 -63 270 91.7 105.5 181.4
DH026 9229 6716 235 -63 270 133.7 140.5 181.4

Table 15 Long Plains Drill Hole Intercepts

Hole ID x y z dip azimuth Depth from Depth to Max depth

IMI28 348036.0 5396583.0 280.0 -47.0 259.0 24.4 83.3 166.7
IMI29 348011.0 5396883.0 263.0 -50.0 258.0 111.9 115.2 182.9
IMI29 348011.0 5396883.0 263.0 -50.0 258.0 141.6 151.2 182.9
IMI29 348011.0 5396883.0 263.0 -50.0 258.0 79.4 90.3 182.9
IMI29 348011.0 5396883.0 263.0 -50.0 258.0 16.5 36.3 182.9
IMI30 348311.0 5395383.0 230.0 -45.0 255.0 128.5 157.0 192.0
IMI30 348311.0 5395383.0 230.0 -45.0 255.0 98.4 110.8 192.0
IMI30 348311.0 5395383.0 230.0 -45.0 255.0 58.2 83.1 192.0
IMI35 347976.0 5397188.0 253.0 -85.0 257.0 65.2 79.8 137.8
IMI46 347976.0 5397188.0 253.0 -44.0 257.0 98.5 116.5 233.5
IMI46 347976.0 5397188.0 253.0 -44.0 257.0 30.9 46.4 233.5
LPC06001 347832.3 5396884.2 274.3 10.0 97.4 52.0 52.1 136.0
LPC06001 347832.3 5396884.2 274.3 10.0 97.4 85.7 97.3 136.0
LPC06001 347832.3 5396884.2 274.3 10.0 97.4 115.4 122.0 136.0
LPC06002 347824.7 5396929.2 275.5 7.6 73.1 72.0 72.1 182.5
LPC06002 347824.7 5396929.2 275.5 7.6 73.1 140.0 142.3 182.5
LPC06002 347824.7 5396929.2 275.5 7.6 73.1 151.0 156.0 182.5
LPC06003 347878.8 5396989.0 278.3 5.4 99.5 18.1 31.0 115.5
LPC06003 347878.8 5396989.0 278.3 5.4 99.5 86.0 90.0 115.5
LPC06004 347789.9 5396998.1 274.6 -22.7 74.1 184.0 185.4 222.0
LPC06005 347839.9 5397087.9 262.6 6.8 102.3 29.0 29.0 157.0
LPC06005 347839.9 5397087.9 262.6 6.8 102.3 70.5 71.2 157.0
LPC06006 347800.3 5397139.9 251.4 1.5 96.4 66.2 98.9 232.0
LPC06006 347800.3 5397139.9 251.4 1.5 96.4 121.2 141.9 232.0
LPC06006 347800.3 5397139.9 251.4 1.5 96.4 166.9 169.2 232.0
LPC06007 347794.8 5397184.6 238.6 11.0 94.8 85.0 104.0 226.0
LPC06007 347794.8 5397184.6 238.6 11.0 94.8 117.8 125.3 226.0
LPC06007 347794.8 5397184.6 238.6 11.0 94.8 130.6 146.2 226.0
LPC06008 347937.0 5396682.3 282.4 2.3 90.2 4.1 28.0 56.5
LPC06008 347937.0 5396682.3 282.4 2.3 90.2 43.3 56.5 56.5
LPC06009 347994.8 5396703.8 287.8 -2.6 71.5 35.1 39.0 75.5
LPC06010 347968.4 5396582.5 277.1 6.8 86.4 8.0 48.9 111.0
LPC06010 347968.4 5396582.5 277.1 6.8 86.4 72.0 79.0 111.0
LPC06011 347955.3 5396486.3 269.4 7.2 93.1 12.0 22.4 90.5
LPC06011 347955.3 5396486.3 269.4 7.2 93.1 69.1 73.1 90.5
LPC06012 347996.7 5396384.1 264.2 11.9 91.2 32.0 33.0 35.0
LPC06012 347996.7 5396384.1 264.2 11.9 91.2 9.0 15.1 35.0

34a Alexander St, Burnie Tasmania 7320 Page 68 of 99

ANNUAL RESOURCE & RESERVE STATEMENT
DECEMBER 2022

Table 15 Long Plains Drill Hole Intercepts

Hole ID x y z dip azimuth Depth from Depth to Max depth

LPDD1103 348437.0 5394660.0 259.3 -54.3 89.6 71.0 76.0 293.2
LPDD1103 348437.0 5394660.0 259.3 -54.3 89.6 123.5 137.5 293.2
LPDD1103 348437.0 5394660.0 259.3 -54.3 89.6 184.3 186.0 293.2
LPDD1103 348437.0 5394660.0 259.3 -54.3 89.6 232.0 245.5 293.2
LPDD1204 348295.4 5394950.2 259.4 -59.6 94.1 97.2 143.6 488.3
LPDD1204 348295.4 5394950.2 259.4 -59.6 94.1 175.1 215.0 488.3
LPDD1204 348295.4 5394950.2 259.4 -59.6 94.1 220.2 297.3 488.3
LPDD1204 348295.4 5394950.2 259.4 -59.6 94.1 297.3 352.0 488.3
LPDD1205 348194.8 5395260.0 240.7 -57.4 84.4 24.0 31.2 278.5
LPDD1205 348194.8 5395260.0 240.7 -57.4 84.4 66.6 120.7 278.5
LPDD1205 348194.8 5395260.0 240.7 -57.4 84.4 120.7 145.0 278.5
LPDD1205 348194.8 5395260.0 240.7 -57.4 84.4 166.9 179.6 278.5
LPDD1212 348080.5 5396392.0 267.1 -59.8 268.0 219.9 235.2 301.3
LPDD1212 348080.5 5396392.0 267.1 -59.8 268.0 124.0 132.1 301.3
LPDD1212 348080.5 5396392.0 267.1 -59.8 268.0 145.4 159.1 301.3
LPDD1212 348080.5 5396392.0 267.1 -59.8 268.0 265.3 269.0 301.3
LPDD1212 348080.5 5396392.0 267.1 -59.8 268.0 55.1 61.3 301.3
LPDD1215 348123.4 5396480.0 271.8 -57.0 273.3 204.6 252.2 301.4
LPDD1215 348123.4 5396480.0 271.8 -57.0 273.3 178.1 189.9 301.4
LPDD1218 348088.8 5396580.1 282.3 -60.0 270.0 101.5 232.1 288.1
LPDD1218 348088.8 5396580.1 282.3 -60.0 270.0 74.0 81.2 288.1
LPDD1220 348083.7 5396676.4 275.6 -52.3 259.3 178.8 207.5 236.6
LPDD1220 348083.7 5396676.4 275.6 -52.3 259.3 61.0 165.9 236.6
LPDD1223 347995.5 5396772.0 290.5 -73.5 281.0 142.3 201.2 300.0
LPDD1223 347995.5 5396772.0 290.5 -73.5 281.0 33.1 103.3 300.0
LPDD1228 347988.9 5397078.4 263.7 -60.8 274.5 111.9 156.5 270.2
LPDD1228 347988.9 5397078.4 263.7 -60.8 274.5 79.7 107.0 270.2
LPDD1228 347988.9 5397078.4 263.7 -60.8 274.5 24.5 52.4 270.2
LPDD1229 348007.1 5397181.1 254.7 -60.0 270.0 175.1 183.8 261.8
LPDD1229 348007.1 5397181.1 254.7 -60.0 270.0 74.4 83.9 261.8
LPDD1301 347991.7 5397130.3 262.2 -61.0 270.0 131.0 167.0 201.8
LPDD1301 347991.7 5397130.3 262.2 -61.0 270.0 37.0 48.9 201.8
LPDD1302 347992.2 5397130.3 262.1 -71.0 270.0 192.5 203.7 228.7
LPDD1302 347992.2 5397130.3 262.1 -71.0 270.0 72.0 78.0 228.7
LPDD1306 347795.3 5396931.7 276.3 -47.0 88.6 173.5 243.0 488.2
LPDD1306 347795.3 5396931.7 276.3 -47.0 88.6 278.2 300.0 488.2
LPDD1307 347845.6 5396939.3 283.4 -49.5 94.3 93.0 145.0 260.5
LPDD1307 347845.6 5396939.3 283.4 -49.5 94.3 158.7 174.0 260.5
LPDD1307 347845.6 5396939.3 283.4 -49.5 94.3 203.9 209.3 260.5
LPDD1309 347948.2 5396780.6 290.5 -69.5 92.7 46.3 172.9 284.7
LPDD1309 347948.2 5396780.6 290.5 -69.5 92.7 242.9 257.1 284.7
LPDD1310 348081.8 5396676.7 270.0 -74.1 270.0 154.0 309.8 309.8
LPDD1311 348070.8 5396534.4 281.9 -70.9 261.2 162.6 241.0 271.6
LPDD1311 348070.8 5396534.4 281.9 -70.9 261.2 120.0 129.0 271.6
LPDD1312 348090.0 5396160.0 262.5 -65.0 270.0 101.0 153.6 222.2

34a Alexander St, Burnie Tasmania 7320 Page 69 of 99

ANNUAL RESOURCE & RESERVE STATEMENT
DECEMBER 2022

Table 15 Long Plains Drill Hole Intercepts

Hole ID x y z dip azimuth Depth from Depth to Max depth

LPDD1313 348133.6 5396058.8 258.6 -72.0 279.3 172.0 206.4 298.8
LPDD1313 348133.6 5396058.8 258.6 -72.0 279.3 170.2 172.0 298.8
LPDD1313 348133.6 5396058.8 258.6 -72.0 279.3 128.3 166.5 298.8
LPDD1314 348159.5 5395961.3 251.1 -69.9 259.0 190.0 228.4 283.8
LPDD1314 348159.5 5395961.3 251.1 -69.9 259.0 150.8 183.1 283.8
LPDD1314 348159.5 5395961.3 251.1 -69.9 259.0 78.0 119.1 283.8
LPDD1315 348156.0 5395864.4 246.3 -76.0 270.0 175.3 204.7 312.7
LPDD1315 348156.0 5395864.4 246.3 -76.0 270.0 83.0 137.2 312.7
LPDD1315 348156.0 5395864.4 246.3 -76.0 270.0 5.0 43.0 312.7
LPDD1316 348158.5 5395867.8 246.3 -50.0 209.0 197.6 216.6 303.6
LPDD1316 348158.5 5395867.8 246.3 -50.0 209.0 140.8 171.3 303.6
LPDD1316 348158.5 5395867.8 246.3 -50.0 209.0 8.4 39.1 303.6
LPDD1318 347988.9 5397078.4 263.7 -75.8 274.5 143.7 220.0 245.9
LPDD1318 347988.9 5397078.4 263.7 -75.8 274.5 112.6 121.0 245.9
LPDD1318 347988.9 5397078.4 263.7 -75.8 274.5 34.2 69.1 245.9
LPDDH0707 347942.1 5397183.3 262.0 -55.3 268.4 52.3 89.6 156.2
LPDDH0707 347942.1 5397183.3 262.0 -55.3 268.4 37.0 46.7 156.2
LPDDH0707 347942.1 5397183.3 262.0 -55.3 268.4 5.0 23.9 156.2
LPDDH100 347993.0 5397029.0 260.0 -50.0 255.0 111.0 154.2 181.0
LPDDH100 347993.0 5397029.0 260.0 -50.0 255.0 78.0 105.0 181.0
LPDDH100 347993.0 5397029.0 260.0 -50.0 255.0 32.8 46.7 181.0
LPDDH101 347945.5 5397030.4 274.9 -50.0 255.0 34.9 80.0 95.0
LPDDH101 347945.5 5397030.4 274.9 -50.0 255.0 26.1 28.0 95.0
LPDDH102 347896.2 5397018.7 275.8 -50.0 255.0 0.0 10.0 49.0
LPDDH103 348038.0 5397041.0 249.0 -50.0 255.0 180.6 199.0 199.0
LPDDH103 348038.0 5397041.0 249.0 -50.0 255.0 144.2 175.6 199.0
LPDDH103 348038.0 5397041.0 249.0 -50.0 255.0 81.7 96.5 199.0
LPRC07001 347942.2 5397124.9 267.4 -60.4 270.1 52.0 125.0 160.0
LPRC07001 347942.2 5397124.9 267.4 -60.4 270.1 7.0 36.0 160.0
LPRC07002 347936.1 5397080.0 266.9 -70.8 270.2 54.0 119.0 154.0
LPRC07002 347936.1 5397080.0 266.9 -70.8 270.2 34.0 45.6 154.0
LPRC07003 347891.0 5396985.0 280.0 -68.8 94.9 21.0 120.0 184.0
LPRC07003 347891.0 5396985.0 280.0 -68.8 94.9 123.0 163.0 184.0
LPRC07003 347891.0 5396985.0 280.0 -68.8 94.9 179.5 184.0 184.0
LPRC07004 347895.8 5396985.0 282.1 -56.0 92.3 2.1 41.0 160.0
LPRC07004 347895.8 5396985.0 282.1 -56.0 92.3 54.0 92.0 160.0
LPRC07004 347895.8 5396985.0 282.1 -56.0 92.3 102.0 121.0 160.0
LPRC07005 347908.0 5397133.7 263.9 -60.5 270.0 6.0 70.0 167.0
LPRC07006 347896.8 5397082.1 265.9 -70.4 270.4 23.0 66.0 93.0
LPRC1113 348042.6 5396380.1 271.2 -60.1 269.2 144.0 155.0 220.0
LPRC1113 348042.6 5396380.1 271.2 -60.1 269.2 29.3 33.3 220.0
LPRC1113 348042.6 5396380.1 271.2 -60.1 269.2 79.1 88.4 220.0
LPRC1113 348042.6 5396380.1 271.2 -60.1 269.2 200.0 203.0 220.0
LPRC1114 347973.9 5396383.2 266.9 -58.1 273.8 6.0 17.0 103.0
LPRC1114 347973.9 5396383.2 266.9 -58.1 273.8 45.0 58.0 103.0

34a Alexander St, Burnie Tasmania 7320 Page 70 of 99

ANNUAL RESOURCE & RESERVE STATEMENT
DECEMBER 2022

Table 15 Long Plains Drill Hole Intercepts

Hole ID x y z dip azimuth Depth from Depth to Max depth

LPRC1116 348044.8 5396479.9 281.3 -57.1 269.4 47.0 114.0 200.0
LPRC1116 348044.8 5396479.9 281.3 -57.1 269.4 29.0 42.0 200.0
LPRC1117 347972.8 5396480.0 274.6 -58.7 273.0 3.5 15.0 100.0
LPRC1121 348007.5 5396674.8 290.5 -55.7 266.8 74.0 111.0 196.0
LPRC1121 348007.5 5396674.8 290.5 -55.7 266.8 1.5 49.0 196.0
LPRC1122 347950.0 5396679.9 287.2 -60.3 269.5 0.0 16.0 106.0
LPRC1127 347929.0 5396879.6 292.6 -59.7 276.2 0.0 21.0 100.0
LPRC1127 347929.0 5396879.6 292.6 -59.7 276.2 65.0 73.0 100.0
LPRC1209 348156.7 5396270.1 258.9 -57.3 262.9 127.0 131.0 131.0
LPRC1210 348075.1 5396280.1 262.1 -59.3 271.3 135.0 170.0 200.0
LPRC1210 348075.1 5396280.1 262.1 -59.3 271.3 7.0 22.0 200.0
LPRC1210 348075.1 5396280.1 262.1 -59.3 271.3 42.3 57.5 200.0
LPRC1211 348013.9 5396278.7 258.8 -59.5 277.1 37.0 61.0 88.0
LPRC1224 347996.1 5396774.1 290.5 -58.2 272.1 95.6 141.0 200.0
LPRC1224 347996.1 5396774.1 290.5 -58.2 272.1 24.8 76.0 200.0
LPRC1225 347943.3 5396780.4 290.4 -61.3 276.2 25.4 66.0 100.0
LPRC1308 347949.1 5396780.6 290.6 -48.0 92.0 39.3 61.0 166.0
LPRC1308 347949.1 5396780.6 290.6 -48.0 92.0 127.0 136.0 166.0
LPRC1310 348085.2 5396674.6 275.7 -74.0 270.0 150.8 153.0 153.0
LPRC1317 348091.7 5396161.5 262.5 -65.0 90.0 17.0 28.0 149.0
LPRC1317 348091.7 5396161.5 262.5 -65.0 90.0 51.0 62.0 149.0
MC29 347888.1 5397120.9 263.8 -49.3 258.8 8.0 30.8 348.0
rtae1 347991.0 5397143.0 257.0 -45.0 255.0 90.0 145.0 195.0
rtae1 347991.0 5397143.0 257.0 -45.0 255.0 72.1 73.0 195.0
rtae1 347991.0 5397143.0 257.0 -45.0 255.0 26.0 35.0 195.0

Table 16 - South Deposit Drill Hole Intercepts 31 December 2012

Hole ID x y z dip azimuth Depth from Depth to Max depth
IMDD001 4422.5 5477.3 310.1 -50.0 278.9 106.3 176.3 206.3
IMDD002 4436.8 5362.1 290.7 -50.0 283.4 87.5 104.7 175.3
IMDD002 4436.8 5362.1 290.7 -50.0 283.4 104.7 124.6 175.3
IMDD003 4348.1 5334.9 298.1 -50.0 271.6 98.2 142.1 167.2
IMDD004 4342.2 5410.9 307.2 -49.5 274.3 58.7 85.2 123.0
IMDD005 4337.7 5468.9 313.9 -50.0 273.7 130.5 134.5 134.5
IMDD006 4242.2 5387.3 307.9 -50.0 273.4 33.0 40.9 87.0
IMDD007 4504.0 5262.7 285.4 -50.0 94.3 74.2 85.7 151.5
IMDD007 4504.0 5262.7 285.4 -50.0 94.3 85.7 144.3 151.5
IMDD008 4237.0 5252.1 310.5 -50.0 299.9 56.6 95.5 95.5
IMDD009 4490.8 5427.0 307.2 -58.0 282.3 38.0 45.0 117.3
IMDD010 4399.7 5430.0 309.3 -50.0 273.7 38.6 116.9 124.5
IMDD011 4398.0 5321.4 295.6 -61.0 274.3 92.6 106.1 141.7
IMDD011 4398.0 5321.4 295.6 -61.0 274.3 122.0 127.7 141.7
IMDD012 4290.8 5414.7 307.4 -50.2 276.9 40.4 86.1 136.0

34a Alexander St, Burnie Tasmania 7320 Page 71 of 99

ANNUAL RESOURCE & RESERVE STATEMENT
DECEMBER 2022

Table 16 - South Deposit Drill Hole Intercepts 31 December 2012

Hole ID x y z dip azimuth Depth from Depth to Max depth
IMDD013 4553.8 5283.6 258.2 -49.0 93.4 81.8 82.3 136.0
IMDD014 4302.5 5305.0 298.4 -49.0 276.7 70.5 125.4 146.8
IMDD015 4364.3 5302.2 297.5 -56.1 96.3 93.0 158.0 188.1
IMDD016 4257.6 5281.3 304.4 -52.0 94.5 150.1 229.4 239.0
IMDD017 4290.9 5395.6 305.0 -51.5 273.4 13.0 59.5 65.5
IMDD019 4285.2 5514.7 311.2 -55.0 269.5 196.0 253.3 259.0
IMDD019 4285.2 5514.7 311.2 -55.0 269.5 253.3 259.0 259.0
IMDD020 4499.1 5306.9 271.5 -50.5 90.4 4.9 24.9 79.5
IMDD020 4499.1 5306.9 271.5 -50.5 90.4 24.9 61.8 79.5
IMDD021 4295.3 5363.9 301.3 -51.0 265.4 5.7 19.0 264.5
IMDD021 4295.3 5363.9 301.3 -51.0 265.4 154.2 209.7 264.5
IMDD021 4295.3 5363.9 301.3 -51.0 265.4 209.7 222.5 264.5
IMDD021 4295.3 5363.9 301.3 -51.0 265.4 234.0 240.5 264.5
IMDD022 4385.4 5505.7 311.4 -52.0 274.4 180.6 219.6 279.5
IMDD022 4385.4 5505.7 311.4 -52.0 274.4 219.6 223.3 279.5
IMDD023 4394.3 5372.9 303.6 -57.5 278.1 5.5 26.0 234.5
IMDD023 4394.3 5372.9 303.6 -57.5 278.1 154.2 179.2 234.5
IMDD023 4394.3 5372.9 303.6 -57.5 278.1 187.7 199.2 234.5
IMDD024 4203.1 5460.3 313.9 -49.0 274.3 106.1 139.8 149.3
IMDD025 4199.9 5240.6 283.5 -54.0 267.5 45.5 111.0 114.3
IMDD026 4201.5 5306.4 283.6 -48.0 270.6 124.0 147.1 237.1
IMDD026 4201.5 5306.4 283.6 -48.0 270.6 147.1 206.9 237.1
IMDD027 4201.3 5500.1 313.3 -56.7 270.2 143.6 200.8 218.7
IMDD027 4201.3 5500.1 313.3 -56.7 270.2 200.8 205.1 218.7
IMDD029 4131.0 5295.0 301.0 -51.1 268.4 155.2 308.8 345.5
IMDD030 4132.9 5249.6 294.9 -51.5 287.4 90.6 98.0 169.7
IMDD030 4132.9 5249.6 294.9 -51.5 287.4 121.9 129.0 169.7
IMDD030 4132.9 5249.6 294.9 -51.5 287.4 134.5 154.0 169.7
IMDD032 4097.3 5224.9 291.6 -46.0 268.5 84.1 90.2 155.5
IMDD032 4097.3 5224.9 291.6 -46.0 268.5 100.3 105.9 155.5
IMDD033 4095.1 5272.3 294.8 -59.5 89.2 213.9 354.0 390.4
IMDD034 4052.8 5250.5 295.6 -54.7 90.4 245.9 313.1 403.9
IMDD035 4094.1 5266.1 294.6 -51.0 270.0 133.6 151.2 223.2
IMDD035 4094.1 5266.1 294.6 -51.0 270.0 151.2 171.3 223.2
IMDD035 4094.1 5266.1 294.6 -51.0 270.0 188.0 196.0 223.2
IMDD036 4102.7 5325.8 293.6 -60.0 88.1 105.7 267.0 287.0
IMDD038 4055.6 5267.2 295.1 -52.0 270.4 158.5 182.3 244.0
IMDD038 4055.6 5267.2 295.1 -52.0 270.4 182.3 193.0 244.0
IMDD039 4052.6 5220.6 295.7 -51.0 268.4 98.5 104.5 148.8
IMDD039 4052.6 5220.6 295.7 -51.0 268.4 104.5 119.8 148.8
SDDD1201 4181.1 5547.6 291.2 -52.3 279.6 190.2 269.5 312.7
SDDD1202 4054.7 5301.0 287.9 -57.5 83.4 156.7 236.7 267.7
SDDD1203 4129.3 5486.1 292.3 -54.7 277.0 127.0 136.0 136.0

34a Alexander St, Burnie Tasmania 7320 Page 72 of 99

ANNUAL RESOURCE & RESERVE STATEMENT
DECEMBER 2022

Table 16 - South Deposit Drill Hole Intercepts 31 December 2012

Hole ID x y z dip azimuth Depth from Depth to Max depth
SDDD1204 4141.3 5513.1 291.6 -56.2 87.7 168.0 219.2 249.4
SDDD1205 4300.0 5096.9 219.7 -46.2 87.4 209.2 229.9 281.6
SDDD1205 4300.0 5096.9 219.7 -46.2 87.4 229.9 232.4 281.6
SDDD1206 4250.0 5102.0 213.4 -49.4 92.2 159.0 173.8 218.9
SDDD1206 4250.0 5102.0 213.4 -49.4 92.2 173.8 177.4 218.9

Table 17 Centre Pit Combined Drill-hole Intersects as at 31 Dec 2020

Hole ID x y z dip azimuth Depth from Depth to Max depth
C88107 6423.00 7651.00 137.00 -90.00 0.00 9.00 18.00 18.00
C88108 6421.00 7631.00 141.00 -90.00 0.00 9.66 18.00 18.00
C88116 6395.00 7674.00 137.00 -90.00 0.00 0.00 18.80 21.00
C88118 6379.00 7439.00 152.00 -90.00 0.00 0.00 2.67 30.00
C88119 6380.00 7410.00 152.00 -90.00 0.00 0.00 6.00 30.00
C88121 6398.00 7319.00 152.00 -90.00 0.00 2.89 3.00 3.00
C88122 6406.00 7344.00 152.00 -90.00 0.00 0.00 30.00 30.00
C88123 6410.00 7365.00 152.00 -90.00 0.00 6.00 30.00 30.00
C88124 6408.00 7394.00 152.00 -90.00 0.00 0.00 12.00 30.00
C88124 6408.00 7394.00 152.00 -90.00 0.00 18.00 30.00 30.00
C88126 6425.00 7418.00 142.00 -90.00 0.00 0.00 8.28 12.00
C88127 6422.00 7444.00 140.00 -90.00 0.00 0.00 18.00 18.00
C88128 6420.00 7471.00 140.00 -90.00 0.00 0.00 9.00 18.00
C88128 6420.00 7471.00 140.00 -90.00 0.00 9.00 18.00 18.00
C88130 6452.00 7443.00 140.00 -90.00 0.00 0.00 3.00 3.00
C88131 6448.00 7413.00 140.00 -90.00 0.00 0.00 18.00 18.00
C88132 6452.00 7393.00 142.00 -90.00 0.00 0.00 18.00 18.00
C88133 6361.00 7585.00 150.00 -90.00 0.00 24.00 30.00 30.00
C88134 6362.00 7565.00 150.00 -90.00 0.00 0.00 30.00 30.00
C88135 6369.00 7536.00 150.00 -90.00 0.00 12.00 21.00 30.00
C88136 6378.00 7526.00 150.00 -90.00 0.00 0.00 30.00 30.00
C88137 6387.00 7519.00 150.00 -90.00 0.00 0.00 30.00 30.00
C88139 6391.00 7538.00 150.00 -90.00 0.00 0.00 33.00 33.00
C88140 6388.00 7563.00 150.00 -90.00 0.00 0.00 21.00 21.00
C88141 6380.00 7587.00 150.00 -90.00 0.00 1.93 33.00 33.00
C88142 6362.00 7605.00 150.00 -90.00 0.00 1.00 21.00 30.00
C88143 6380.00 7502.00 150.00 -90.00 0.00 21.00 39.00 39.00
C88145 6476.00 7639.00 127.00 -90.00 0.00 2.95 21.00 24.00
C88145 6476.00 7639.00 127.00 -10.00 90.00 21.00 24.00 24.00
C88146 6482.00 7529.00 130.00 -6.00 40.00 0.00 12.00 12.00
C88147 6444.00 7389.00 142.00 -90.00 0.00 0.00 6.08 15.00
C88148 6425.00 7391.00 141.00 -90.00 0.00 0.00 21.00 21.00
C88149 6440.00 7364.00 142.00 -90.00 0.00 0.00 17.37 24.00

34a Alexander St, Burnie Tasmania 7320 Page 73 of 99

ANNUAL RESOURCE & RESERVE STATEMENT
DECEMBER 2022

Table 17 Centre Pit Combined Drill-hole Intersects as at 31 Dec 2020

Hole ID x y z dip azimuth Depth from Depth to Max depth
C88150 6437.00 7342.00 143.00 -90.00 0.00 0.00 3.00 3.00
C88151 6435.00 7322.00 145.00 -90.00 0.00 0.00 24.00 24.00
C88152 6414.00 7328.00 144.00 -90.00 0.00 0.00 18.00 18.00
C88153 6418.00 7350.00 144.00 -90.00 0.00 0.00 21.00 21.00
C88154 6422.00 7370.00 144.00 -90.00 0.00 0.00 27.00 27.00
C88155 6432.00 7410.00 144.00 -90.00 0.00 0.00 18.00 18.00
C88156 6376.00 7366.00 155.00 -90.00 0.00 0.00 24.00 24.00
C88157 6375.00 7338.00 155.00 -90.00 0.00 0.00 27.00 27.00
C88158 6362.00 7643.00 153.00 -90.00 0.00 0.00 27.00 27.00
CD101 6524.20 7226.80 331.10 -45.00 267.80 0.00 30.80 182.90
CD101 6524.20 7226.80 331.10 -45.00 267.80 30.80 67.40 182.90
CD101 6524.20 7226.80 331.10 -45.00 267.80 67.40 117.30 182.90
CD101 6524.20 7226.80 331.10 -45.00 267.80 150.10 155.78 182.90
CD102 6514.20 7413.30 270.90 -45.00 268.50 3.70 15.20 167.60
CD102 6514.20 7413.30 270.90 -45.00 268.50 22.60 41.80 167.60
CD102 6514.20 7413.30 270.90 -45.00 268.50 41.80 48.50 167.60
CD102 6514.20 7413.30 270.90 -45.00 268.50 48.50 70.10 167.60
CD102 6514.20 7413.30 270.90 -45.00 268.50 75.30 97.80 167.60
CD102 6514.20 7413.30 270.90 -45.00 268.50 107.00 144.80 167.60
CD103 6488.90 7043.90 345.70 -45.00 269.00 24.70 45.40 174.70
CD103 6488.90 7043.90 345.70 -45.00 269.00 45.40 115.80 174.70
CD103 6488.90 7043.90 345.70 -45.00 269.00 132.60 166.10 174.70
CD104 6552.30 6956.80 342.50 -45.00 275.00 31.10 36.30 347.60
CD104 6552.30 6956.80 342.50 -45.00 275.00 80.80 88.10 347.60
CD104 6552.30 6956.80 342.50 -45.00 275.00 163.70 204.80 347.60
CD104 6552.30 6956.80 342.50 -45.00 275.00 231.00 272.50 347.60
CD104 6552.30 6956.80 342.50 -45.00 275.00 272.50 291.49 347.60
CD104 6552.30 6956.80 342.50 -45.00 275.00 316.10 325.50 347.60
CD105 6560.20 7672.70 212.80 -45.00 268.14 76.80 111.90 204.22
CD105 6560.20 7672.70 212.80 -45.00 268.14 116.40 139.90 204.22
CD105 6560.20 7672.70 212.80 -45.00 268.14 139.90 153.60 204.22
CD105 6560.20 7672.70 212.80 -45.00 268.14 158.80 174.00 204.22
CD105 6560.20 7672.70 212.80 -45.00 268.14 174.00 185.90 204.22
CD105 6560.20 7672.70 212.80 -45.00 268.14 192.00 204.22 204.22
CD106 6440.10 7583.70 217.40 -45.00 91.50 7.90 12.32 158.80
CD106 6440.10 7583.70 217.40 -45.00 91.50 34.10 39.80 158.80
CD106 6440.10 7583.70 217.40 -45.00 91.50 112.50 118.30 158.80
CD106 6440.10 7583.70 217.40 -45.00 91.50 135.00 155.40 158.80
CD108 6600.40 7413.30 266.90 -45.00 270.00 9.80 17.96 285.00
CD108 6600.40 7413.30 266.90 -45.00 270.00 28.30 34.10 285.00
CD108 6600.40 7413.30 266.90 -45.00 270.00 109.40 120.70 285.00

34a Alexander St, Burnie Tasmania 7320 Page 74 of 99

ANNUAL RESOURCE & RESERVE STATEMENT
DECEMBER 2022

Table 17 Centre Pit Combined Drill-hole Intersects as at 31 Dec 2020

Hole ID x y z dip azimuth Depth from Depth to Max depth
CD108 6600.40 7413.30 266.90 -45.00 270.00 135.60 161.80 285.00
CD108 6600.40 7413.30 266.90 -45.00 270.00 161.80 173.40 285.00
CD108 6600.40 7413.30 266.90 -45.00 270.00 173.40 183.50 285.00
CD108 6600.40 7413.30 266.90 -45.00 270.00 183.50 197.20 285.00
CD108 6600.40 7413.30 266.90 -45.00 270.00 200.15 211.50 285.00
CD108 6600.40 7413.30 266.90 -45.00 270.00 222.80 245.70 285.00
CD108 6600.40 7413.30 266.90 -45.00 270.00 245.70 270.10 285.00
CD109 6407.50 6876.30 323.00 -61.00 270.00 0.72 16.09 142.60
CD109 6407.50 6876.30 323.00 -61.00 270.00 46.30 62.20 142.60
CD109 6407.50 6876.30 323.00 -61.00 270.00 66.28 66.95 142.60
CD110 6406.29 6790.64 321.75 -55.00 270.00 0.00 3.62 303.60
CD110 6406.29 6790.64 321.75 -55.00 270.00 46.00 59.27 303.60
CD110 6406.29 6790.64 321.75 -55.00 270.00 59.27 132.30 303.60
CD110 6406.29 6790.64 321.75 -55.00 270.00 152.40 192.90 303.60
CD110 6406.29 6790.64 321.75 -55.00 270.00 199.00 208.80 303.60
CD110 6406.29 6790.64 321.75 -55.00 270.00 221.60 255.70 303.60
CD110 6406.29 6790.64 321.75 -55.00 270.00 271.30 298.70 303.60
CD111 6600.10 7587.10 226.00 -45.00 270.00 1.20 22.90 152.40
CD111 6600.10 7587.10 226.00 -45.00 270.00 103.60 107.90 152.40
CD112 6363.00 6690.40 306.70 -45.00 270.00 12.20 32.90 142.30
CD112 6363.00 6690.40 306.70 -45.00 270.00 52.10 142.30 142.30
CD113 6578.80 7043.90 332.20 -45.00 270.00 66.40 71.60 359.70
CD113 6578.80 7043.90 332.20 -45.00 270.00 180.10 194.50 359.70
CD113 6578.80 7043.90 332.20 -45.00 270.00 194.50 208.20 359.70
CD113 6578.80 7043.90 332.20 -45.00 270.00 252.10 255.70 359.70
CD113 6578.80 7043.90 332.20 -45.00 270.00 255.70 263.30 359.70
CD113 6578.80 7043.90 332.20 -45.00 270.00 300.80 306.30 359.70
CD113 6578.80 7043.90 332.20 -45.00 270.00 309.40 323.40 359.70
CD113 6578.80 7043.90 332.20 -45.00 270.00 327.70 348.10 359.70
CD114 6286.50 6461.80 315.50 -45.00 270.00 47.90 72.41 227.40
CD114 6286.50 6461.80 315.50 -45.00 270.00 72.41 104.90 227.40
CD114 6286.50 6461.80 315.50 -45.00 270.00 139.00 187.37 227.40
CD114 6286.50 6461.80 315.50 -45.00 270.00 199.18 217.89 227.40
CD115 6298.10 6598.00 308.50 -55.00 270.00 48.50 128.60 128.60
CD116 6221.60 6371.20 304.90 -55.00 270.00 29.30 37.20 274.30
CD116 6221.60 6371.20 304.90 -55.00 270.00 37.20 88.10 274.30
CD116 6221.60 6371.20 304.90 -55.00 270.00 100.00 123.10 274.30
CD116 6221.60 6371.20 304.90 -55.00 270.00 196.60 228.90 274.30
CD117 6614.20 7142.70 308.60 -55.00 270.00 125.00 128.90 335.30
CD117 6614.20 7142.70 308.60 -55.00 270.00 152.70 167.90 335.30
CD117 6614.20 7142.70 308.60 -55.00 270.00 264.00 274.30 335.30

34a Alexander St, Burnie Tasmania 7320 Page 75 of 99

ANNUAL RESOURCE & RESERVE STATEMENT
DECEMBER 2022

Table 17 Centre Pit Combined Drill-hole Intersects as at 31 Dec 2020

Hole ID x y z dip azimuth Depth from Depth to Max depth
CD117 6614.20 7142.70 308.60 -55.00 270.00 308.50 317.30 335.30
CD117 6614.20 7142.70 308.60 -55.00 270.00 321.60 335.30 335.30
CD118 6607.10 7227.40 309.80 -45.00 270.00 115.80 151.80 243.80
CD118 6607.10 7227.40 309.80 -45.00 270.00 174.70 198.31 243.80
CD119 6141.40 6186.80 272.80 -55.00 270.00 47.20 51.50 243.80
CD119 6141.40 6186.80 272.80 -55.00 270.00 59.70 63.62 243.80
CD119 6141.40 6186.80 272.80 -55.00 270.00 71.30 88.10 243.80
CD119 6141.40 6186.80 272.80 -55.00 270.00 98.50 118.00 243.80
CD119 6141.40 6186.80 272.80 -55.00 270.00 118.00 133.20 243.80
CD119 6141.40 6186.80 272.80 -55.00 270.00 139.30 189.30 243.80
CD119 6141.40 6186.80 272.80 -55.00 270.00 201.50 206.70 243.80
CD119 6141.40 6186.80 272.80 -55.00 270.00 210.29 238.70 243.80
CD120 6187.40 6746.40 269.00 -45.00 90.00 6.70 15.50 221.10
CD120 6187.40 6746.40 269.00 -45.00 90.00 32.30 37.50 221.10
CD120 6187.40 6746.40 269.00 -45.00 90.00 46.60 47.24 221.10
CD120 6187.40 6746.40 269.00 -45.00 90.00 47.24 49.01 221.10
CD120 6187.40 6746.40 269.00 -45.00 90.00 49.01 58.80 221.10
CD120 6187.40 6746.40 269.00 -45.00 90.00 82.90 93.90 221.10
CD120 6187.40 6746.40 269.00 -45.00 90.00 108.50 144.80 221.10
CD120 6187.40 6746.40 269.00 -45.00 90.00 192.90 212.80 221.10
CD121 6398.40 7326.00 314.00 -55.00 90.00 4.60 18.30 323.40
CD121 6398.40 7326.00 314.00 -55.00 90.00 24.70 34.96 323.40
CD121 6398.40 7326.00 314.00 -55.00 90.00 39.60 101.80 323.40
CD121 6398.40 7326.00 314.00 -55.00 90.00 101.80 134.10 323.40
CD121 6398.40 7326.00 314.00 -55.00 90.00 134.10 167.14 323.40
CD121 6398.40 7326.00 314.00 -55.00 90.00 167.14 175.60 323.40
CD121 6398.40 7326.00 314.00 -55.00 90.00 249.90 269.67 323.40
CD200101 6355.72 7640.28 99.71 -54.30 88.32 0.00 10.30 314.40
CD200101 6355.72 7640.28 99.71 -54.30 88.32 10.30 25.60 314.40
CD200101 6355.72 7640.28 99.71 -54.30 88.32 85.10 93.60 314.40
CD200101 6355.72 7640.28 99.71 -54.30 88.32 105.20 128.91 314.40
CD200101 6355.72 7640.28 99.71 -54.30 88.32 128.91 147.00 314.40
CD200101 6355.72 7640.28 99.71 -54.30 88.32 147.00 155.30 314.40
CD200101 6355.72 7640.28 99.71 -54.30 88.32 155.30 167.70 314.40
CD200101 6355.72 7640.28 99.71 -54.30 88.32 174.73 199.60 314.40
CD200101 6355.72 7640.28 99.71 -54.30 88.32 207.00 237.70 314.40
CD200101 6355.72 7640.28 99.71 -54.30 88.32 278.70 281.10 314.40
CD200101 6355.72 7640.28 99.71 -54.30 88.32 289.90 299.50 314.40
CD200102 6346.03 7689.64 105.08 -49.30 89.96 0.00 16.20 304.50
CD200102 6346.03 7689.64 105.08 -49.30 89.96 64.79 102.50 304.50
CD200102 6346.03 7689.64 105.08 -49.30 89.96 102.50 127.42 304.50

34a Alexander St, Burnie Tasmania 7320 Page 76 of 99

ANNUAL RESOURCE & RESERVE STATEMENT
DECEMBER 2022

Table 17 Centre Pit Combined Drill-hole Intersects as at 31 Dec 2020

Hole ID x y z dip azimuth Depth from Depth to Max depth
CD200102 6346.03 7689.64 105.08 -49.30 89.96 127.42 146.80 304.50
CD200102 6346.03 7689.64 105.08 -49.30 89.96 150.30 167.70 304.50
CD200102 6346.03 7689.64 105.08 -49.30 89.96 167.70 171.40 304.50
CD200102 6346.03 7689.64 105.08 -49.30 89.96 191.50 205.52 304.50
CD200102 6346.03 7689.64 105.08 -49.30 89.96 205.52 226.01 304.50
CD200102 6346.03 7689.64 105.08 -49.30 89.96 231.00 258.00 304.50
CD200102 6346.03 7689.64 105.08 -49.30 89.96 263.20 274.00 304.50
CD200103 6335.99 7739.99 110.07 -50.00 93.22 2.60 19.63 326.80
CD200103 6335.99 7739.99 110.07 -50.00 93.22 70.30 92.60 326.80
CD200103 6335.99 7739.99 110.07 -50.00 93.22 92.60 114.40 326.80
CD200103 6335.99 7739.99 110.07 -50.00 93.22 120.60 139.70 326.80
CD200103 6335.99 7739.99 110.07 -50.00 93.22 146.00 158.50 326.80
CD200103 6335.99 7739.99 110.07 -50.00 93.22 181.00 215.50 326.80
CD200103 6335.99 7739.99 110.07 -50.00 93.22 216.86 217.06 326.80
CD200103 6335.99 7739.99 110.07 -50.00 93.22 223.70 246.40 326.80
CD200103 6335.99 7739.99 110.07 -50.00 93.22 250.40 262.20 326.80
CD200103 6335.99 7739.99 110.07 -50.00 93.22 270.80 317.40 326.80
CD200104 6353.07 7840.12 111.30 -48.73 88.01 47.43 54.60 281.40
CD200104 6353.07 7840.12 111.30 -48.73 88.01 54.60 72.70 281.40
CD200104 6353.07 7840.12 111.30 -48.73 88.01 80.60 110.80 281.40
CD200104 6353.07 7840.12 111.30 -48.73 88.01 132.30 139.08 281.40
CD200104 6353.07 7840.12 111.30 -48.73 88.01 139.08 150.60 281.40
CD200104 6353.07 7840.12 111.30 -48.73 88.01 252.20 255.10 281.40
CD200105 6346.25 7890.37 111.97 -48.34 88.59 0.00 12.40 292.70
CD200105 6346.25 7890.37 111.97 -48.34 88.59 59.30 76.40 292.70
CD200105 6346.25 7890.37 111.97 -48.34 88.59 80.50 82.50 292.70
CD200105 6346.25 7890.37 111.97 -48.34 88.59 87.59 101.60 292.70
CD200105 6346.25 7890.37 111.97 -48.34 88.59 113.20 157.00 292.70
CD200105 6346.25 7890.37 111.97 -48.34 88.59 157.00 166.42 292.70
CD200105 6346.25 7890.37 111.97 -48.34 88.59 166.42 176.00 292.70
CD200105 6346.25 7890.37 111.97 -48.34 88.59 193.63 225.20 292.70
CD200105 6346.25 7890.37 111.97 -48.34 88.59 225.20 240.20 292.70
CD200105 6346.25 7890.37 111.97 -48.34 88.59 242.50 254.10 292.70
CD200105 6346.25 7890.37 111.97 -48.34 88.59 267.90 271.90 292.70
CD200106 6353.97 7815.16 110.51 -48.15 96.00 51.31 52.40 270.10
CD200106 6353.97 7815.16 110.51 -48.15 96.00 53.70 85.18 270.10
CD200106 6353.97 7815.16 110.51 -48.15 96.00 93.40 99.40 270.10
CD200106 6353.97 7815.16 110.51 -48.15 96.00 134.12 136.65 270.10
CD200106 6353.97 7815.16 110.51 -48.15 96.00 187.60 212.30 270.10
CD200106 6353.97 7815.16 110.51 -48.15 96.00 234.10 255.00 270.10
CD200107 6355.62 7940.19 112.19 -47.84 89.15 0.00 3.87 275.70

34a Alexander St, Burnie Tasmania 7320 Page 77 of 99

ANNUAL RESOURCE & RESERVE STATEMENT
DECEMBER 2022

Table 17 Centre Pit Combined Drill-hole Intersects as at 31 Dec 2020

Hole ID x y z dip azimuth Depth from Depth to Max depth
CD200107 6355.62 7940.19 112.19 -47.84 89.15 58.90 61.60 275.70
CD200107 6355.62 7940.19 112.19 -47.84 89.15 116.80 124.90 275.70
CD200107 6355.62 7940.19 112.19 -47.84 89.15 130.20 147.00 275.70
CD200107 6355.62 7940.19 112.19 -47.84 89.15 156.60 179.90 275.70
CD200107 6355.62 7940.19 112.19 -47.84 89.15 179.90 208.60 275.70
CD200107 6355.62 7940.19 112.19 -47.84 89.15 232.69 233.59 275.70
CD200107 6355.62 7940.19 112.19 -47.84 89.15 235.60 245.00 275.70
CD200108 6361.00 7990.00 112.00 -50.00 90.00 0.00 11.96 250.00
CD200108 6361.00 7990.00 112.00 -50.00 90.00 63.27 84.27 250.00
CD200108 6361.00 7990.00 112.00 -50.00 90.00 113.04 123.47 250.00
CD200108 6361.00 7990.00 112.00 -50.00 90.00 147.57 166.51 250.00
CD200108 6361.00 7990.00 112.00 -50.00 90.00 166.51 175.14 250.00
CD200108 6361.00 7990.00 112.00 -50.00 90.00 197.91 198.40 250.00
CD200108 6361.00 7990.00 112.00 -50.00 90.00 198.40 199.14 250.00
CD200108 6361.00 7990.00 112.00 -50.00 90.00 199.96 230.66 250.00
CD200108 6361.00 7990.00 112.00 -50.00 90.00 241.35 244.77 250.00
CD200109 6353.65 7990.07 112.94 -48.15 89.40 2.43 2.45 363.20
CD200109 6353.65 7990.07 112.94 -48.15 89.40 13.00 19.75 363.20
CD200109 6353.65 7990.07 112.94 -48.15 89.40 72.30 93.70 363.20
CD200109 6353.65 7990.07 112.94 -48.15 89.40 120.80 130.30 363.20
CD200109 6353.65 7990.07 112.94 -48.15 89.40 153.50 171.81 363.20
CD200109 6353.65 7990.07 112.94 -48.15 89.40 171.82 179.90 363.20
CD200109 6353.65 7990.07 112.94 -48.15 89.40 202.40 232.60 363.20
CD200109 6353.65 7990.07 112.94 -48.15 89.40 243.30 246.20 363.20
CD200109 6353.65 7990.07 112.94 -48.15 89.40 263.20 290.20 363.20
CD200109 6353.65 7990.07 112.94 -48.15 89.40 305.70 321.10 363.20
CD200109 6353.65 7990.07 112.94 -48.15 89.40 321.10 345.80 363.20
CD200201 5921.36 6000.00 224.24 -45.07 92.44 39.30 50.40 280.20
CD200301 6197.14 6140.11 249.27 -42.00 270.24 60.40 66.60 252.00
CD200301 6197.14 6140.11 249.27 -42.00 270.24 133.30 150.40 252.00
CD200301 6197.14 6140.11 249.27 -42.00 270.24 158.20 161.00 252.00
CD200301 6197.14 6140.11 249.27 -42.00 270.24 162.00 173.20 252.00
CD200301 6197.14 6140.11 249.27 -42.00 270.24 178.70 199.75 252.00
CD200301 6197.14 6140.11 249.27 -42.00 270.24 218.10 243.80 252.00
CD200302 5898.99 6189.62 206.47 -43.65 91.44 112.40 115.50 293.00
CD200302 5898.99 6189.62 206.47 -43.65 91.44 120.72 141.89 293.00
CD200302 5898.99 6189.62 206.47 -43.65 91.44 141.89 142.40 293.00
CD200302 5898.99 6189.62 206.47 -43.65 91.44 142.40 142.60 293.00
CD200302 5898.99 6189.62 206.47 -43.65 91.44 150.70 185.25 293.00
CD200302 5898.99 6189.62 206.47 -43.65 91.44 196.70 202.70 293.00
CD200302 5898.99 6189.62 206.47 -43.65 91.44 202.70 213.20 293.00

34a Alexander St, Burnie Tasmania 7320 Page 78 of 99

ANNUAL RESOURCE & RESERVE STATEMENT
DECEMBER 2022

Table 17 Centre Pit Combined Drill-hole Intersects as at 31 Dec 2020

Hole ID x y z dip azimuth Depth from Depth to Max depth
CD200302 5898.99 6189.62 206.47 -43.65 91.44 231.70 247.70 293.00
CD200302 5898.99 6189.62 206.47 -43.65 91.44 247.70 259.60 293.00
CD200302 5898.99 6189.62 206.47 -43.65 91.44 277.10 280.90 293.00
CD200303 5899.32 6235.08 201.27 -44.00 90.00 120.40 139.90 297.40
CD200303 5899.32 6235.08 201.27 -44.00 90.00 156.81 165.00 297.40
CD200303 5899.32 6235.08 201.27 -44.00 90.00 191.40 202.70 297.40
CD200303 5899.32 6235.08 201.27 -44.00 90.00 202.70 214.20 297.40
CD200303 5899.32 6235.08 201.27 -44.00 90.00 221.50 250.10 297.40
CD200303 5899.32 6235.08 201.27 -44.00 90.00 250.10 266.80 297.40
CD200303 5899.32 6235.08 201.27 -44.00 90.00 284.90 290.90 297.40
CD200304 6015.90 6274.01 158.08 -55.36 91.42 1.17 16.50 190.00
CD200304 6015.90 6274.01 158.08 -55.36 91.42 32.27 32.50 190.00
CD200304 6015.90 6274.01 158.08 -55.36 91.42 42.26 45.70 190.00
CD200304 6015.90 6274.01 158.08 -55.36 91.42 76.75 88.74 190.00
CD200304 6015.90 6274.01 158.08 -55.36 91.42 88.74 94.22 190.00
CD200304 6015.90 6274.01 158.08 -55.36 91.42 108.40 131.30 190.00
CD200304 6015.90 6274.01 158.08 -55.36 91.42 131.30 144.40 190.00
CD200304 6015.90 6274.01 158.08 -55.36 91.42 144.40 158.20 190.00
CD200304 6015.90 6274.01 158.08 -55.36 91.42 172.70 182.77 190.00
CD200305 6029.61 6322.97 156.73 -50.12 89.17 2.25 3.30 196.10
CD200305 6029.61 6322.97 156.73 -50.12 89.17 56.40 72.90 196.10
CD200305 6029.61 6322.97 156.73 -50.12 89.17 80.80 102.80 196.10
CD200305 6029.61 6322.97 156.73 -50.12 89.17 107.61 143.80 196.10
CD200305 6029.61 6322.97 156.73 -50.12 89.17 149.90 164.60 196.10
CD200305 6029.61 6322.97 156.73 -50.12 89.17 172.00 177.50 196.10
CD200306 6048.33 6371.62 156.72 -51.00 90.00 15.40 23.30 199.70
CD200306 6048.33 6371.62 156.72 -51.00 90.00 51.03 74.20 199.70
CD200306 6048.33 6371.62 156.72 -51.00 90.00 104.00 112.50 199.70
CD200306 6048.33 6371.62 156.72 -51.00 90.00 120.32 140.40 199.70
CD200306 6048.33 6371.62 156.72 -51.00 90.00 153.90 164.70 199.70
CD200306 6048.33 6371.62 156.72 -51.00 90.00 167.30 174.80 199.70
CD200306 6048.33 6371.62 156.72 -51.00 90.00 181.50 191.70 199.70
CD200307 6006.70 6419.85 180.62 -51.00 90.00 140.00 160.50 280.00
CD200307 6006.70 6419.85 180.62 -51.00 90.00 190.84 202.21 280.00
CD200307 6006.70 6419.85 180.62 -51.00 90.00 222.18 260.34 280.00
CD200308 6012.16 6461.93 177.28 -52.68 92.46 155.90 166.30 286.90
CD200308 6012.16 6461.93 177.28 -52.68 92.46 174.50 199.70 286.90
CD200308 6012.16 6461.93 177.28 -52.68 92.46 214.50 219.00 286.90
CD200308 6012.16 6461.93 177.28 -52.68 92.46 219.00 234.60 286.90
CD200308 6012.16 6461.93 177.28 -52.68 92.46 234.60 246.30 286.90
CD200308 6012.16 6461.93 177.28 -52.68 92.46 259.40 275.40 286.90

34a Alexander St, Burnie Tasmania 7320 Page 79 of 99

ANNUAL RESOURCE & RESERVE STATEMENT
DECEMBER 2022

Table 17 Centre Pit Combined Drill-hole Intersects as at 31 Dec 2020

Hole ID x y z dip azimuth Depth from Depth to Max depth
CD200309 6096.77 6090.80 237.71 -38.67 269.25 55.80 57.01 202.10
CD200309 6096.77 6090.80 237.71 -38.67 269.25 67.50 72.40 202.10
CD200309 6096.77 6090.80 237.71 -38.67 269.25 128.60 133.70 202.10
CD200309 6096.77 6090.80 237.71 -38.67 269.25 181.00 195.80 202.10
CD200310 6312.77 6321.35 265.01 -45.00 270.00 56.87 75.40 91.00
CD200310 6312.77 6321.35 265.01 -45.00 270.00 89.13 91.00 91.00
CD200401 6131.02 6641.27 155.52 -50.50 90.00 59.80 61.90 216.00
CD200401 6131.02 6641.27 155.52 -50.50 90.00 95.80 100.30 216.00
CD200401 6131.02 6641.27 155.52 -50.50 90.00 100.30 120.00 216.00
CD200401 6131.02 6641.27 155.52 -50.50 90.00 122.40 152.50 216.00
CD200401 6131.02 6641.27 155.52 -50.50 90.00 168.70 177.70 216.00
CD200402 6078.88 6553.31 165.83 -50.00 90.00 96.00 102.70 280.50
CD200402 6078.88 6553.31 165.83 -50.00 90.00 116.60 136.70 280.50
CD200402 6078.88 6553.31 165.83 -50.00 90.00 141.70 166.50 280.50
CD200402 6078.88 6553.31 165.83 -50.00 90.00 166.50 186.80 280.50
CD200402 6078.88 6553.31 165.83 -50.00 90.00 212.20 220.10 280.50
CD200403 6156.56 6705.33 149.06 -50.00 102.00 53.53 64.59 249.90
CD200403 6156.56 6705.33 149.06 -50.00 102.00 89.40 118.80 249.90
CD200403 6156.56 6705.33 149.06 -50.00 102.00 118.80 120.80 249.90
CD200403 6156.56 6705.33 149.06 -50.00 102.00 157.20 178.50 249.90
CD200403 6156.56 6705.33 149.06 -50.00 102.00 210.50 218.20 249.90
CD200403 6156.56 6705.33 149.06 -50.00 102.00 235.70 239.70 249.90
CD201 6407.20 6876.30 322.90 -55.00 270.00 0.44 13.13 46.90
CD201 6407.20 6876.30 322.90 -55.00 270.00 30.20 46.90 46.90
CD202 6319.40 6868.10 299.90 -55.00 270.00 0.00 20.86 47.20
CD202 6319.40 6868.10 299.90 -55.00 270.00 32.60 47.20 47.20
CD203 6255.70 6868.10 287.10 -55.00 90.00 1.38 39.19 61.00
CD203 6255.70 6868.10 287.10 -55.00 90.00 39.19 57.35 61.00
CD20303 6425.00 7674.00 137.00 -90.00 0.00 14.79 17.50 21.00
CD20303 6425.00 7674.00 137.00 -90.00 0.00 20.79 21.00 21.00
CD204 6255.10 6868.10 287.10 -55.00 270.00 13.40 63.40 63.40
CD205 6394.40 6952.50 321.70 -45.00 90.00 17.99 31.40 48.20
CD205 6394.40 6952.50 321.70 -45.00 90.00 31.40 42.10 48.20
CD206 6363.90 6952.50 309.60 -45.00 90.00 0.00 7.11 57.30
CD206 6363.90 6952.50 309.60 -45.00 90.00 19.25 37.80 57.30
CD206 6363.90 6952.50 309.60 -45.00 90.00 52.10 52.80 57.30
CD206 6363.90 6952.50 309.60 -45.00 90.00 52.80 53.57 57.30
CD206 6363.90 6952.50 309.60 -45.00 90.00 53.57 57.30 57.30
CD207 6340.00 6954.00 301.10 -45.00 90.00 0.00 15.82 59.40
CD207 6340.00 6954.00 301.10 -45.00 90.00 20.04 39.79 59.40
CD207 6340.00 6954.00 301.10 -45.00 90.00 44.10 56.15 59.40

34a Alexander St, Burnie Tasmania 7320 Page 80 of 99

ANNUAL RESOURCE & RESERVE STATEMENT
DECEMBER 2022

Table 17 Centre Pit Combined Drill-hole Intersects as at 31 Dec 2020

Hole ID x y z dip azimuth Depth from Depth to Max depth
CD208 6544.10 7043.90 343.30 -45.00 270.00 16.20 19.50 85.60
CD209 6438.90 7045.10 336.00 -45.00 270.00 0.00 39.60 45.70
CD209 6438.90 7045.10 336.00 -45.00 270.00 44.20 45.70 45.70
CD210 6400.50 7044.20 329.80 -45.00 270.00 0.00 11.90 47.50
CD210 6400.50 7044.20 329.80 -45.00 270.00 29.30 39.00 47.50
CD211 6496.20 7134.80 346.20 -45.00 270.00 0.61 11.60 57.90
CD211 6496.20 7134.80 346.20 -45.00 270.00 16.20 21.60 57.90
CD211 6496.20 7134.80 346.20 -45.00 270.00 34.40 48.50 57.90
CD212 6456.60 7135.40 336.20 -45.00 270.00 0.00 33.80 33.80
CD213 6434.90 7135.30 330.90 -45.00 270.00 0.00 20.22 46.90
CD213 6434.90 7135.30 330.90 -45.00 270.00 20.22 36.90 46.90
CD213 6434.90 7135.30 330.90 -45.00 270.00 36.90 46.90 46.90
CD215 6324.00 6788.00 301.30 -45.00 90.00 39.30 46.00 46.00
CD216 6489.50 7618.80 240.50 -60.00 270.00 12.80 25.00 76.20
CD216 6489.50 7618.80 240.50 -60.00 270.00 25.00 67.40 76.20
CD217 6294.70 6787.30 296.80 -45.00 90.00 39.30 51.50 52.10
CD218 6266.40 6787.90 288.80 -45.00 90.00 14.30 20.40 60.40
CD218 6266.40 6787.90 288.80 -45.00 90.00 32.60 60.40 60.40
CD219 6452.00 7323.00 323.60 -45.00 270.00 10.10 41.10 64.90
CD219 6452.00 7323.00 323.60 -45.00 270.00 49.40 57.00 64.90
CD219 6452.00 7323.00 323.60 -45.00 270.00 59.70 64.90 64.90
CD220 6232.60 6786.10 281.20 -45.00 90.00 31.70 39.90 51.80
CD220 6232.60 6786.10 281.20 -45.00 90.00 43.60 51.80 51.80
CD221 6496.00 7321.00 318.60 -45.00 270.00 19.20 50.90 62.50
CD221 6496.00 7321.00 318.60 -45.00 270.00 58.80 62.50 62.50
CD222 6181.00 6789.00 264.20 -45.00 90.00 17.10 28.00 54.90
CD222 6181.00 6789.00 264.20 -45.00 90.00 51.32 54.90 54.90
CD223 6552.00 7228.60 324.90 -45.00 270.00 1.80 42.70 42.70
CD224 6472.00 7227.00 336.40 -45.00 270.00 1.15 12.50 57.60
CD224 6472.00 7227.00 336.40 -45.00 270.00 23.80 55.50 57.60
CD226 6415.70 7410.00 305.50 -55.00 270.00 13.70 33.50 82.30
CD226 6415.70 7410.00 305.50 -55.00 270.00 45.70 59.10 82.30
CD227 6279.50 6690.00 287.50 -55.00 270.00 0.00 25.30 106.70
CD227 6279.50 6690.00 287.50 -55.00 270.00 25.30 49.92 106.70
CD227 6279.50 6690.00 287.50 -55.00 270.00 55.84 106.70 106.70
CD228 6448.30 7419.00 311.20 -55.00 270.00 0.00 10.10 70.10
CD228 6448.30 7419.00 311.20 -55.00 270.00 18.60 38.10 70.10
CD228 6448.30 7419.00 311.20 -55.00 270.00 43.30 62.80 70.10
CD229 6444.40 7272.50 329.80 -45.00 270.00 0.00 36.92 97.50
CD229 6444.40 7272.50 329.80 -45.00 270.00 37.40 42.37 97.50
CD229 6444.40 7272.50 329.80 -45.00 270.00 53.90 61.00 97.50

34a Alexander St, Burnie Tasmania 7320 Page 81 of 99

ANNUAL RESOURCE & RESERVE STATEMENT
DECEMBER 2022

Table 17 Centre Pit Combined Drill-hole Intersects as at 31 Dec 2020

Hole ID x y z dip azimuth Depth from Depth to Max depth
CD229 6444.40 7272.50 329.80 -45.00 270.00 79.50 91.38 97.50
CD229 6444.40 7272.50 329.80 -45.00 270.00 97.48 97.50 97.50
CD230 6435.20 7226.80 331.90 -45.00 270.00 49.70 54.60 82.90
CD231 6504.70 7273.10 324.90 -45.00 270.00 16.80 34.70 92.70
CD231 6504.70 7273.10 324.90 -45.00 270.00 34.70 72.46 92.70
CD231 6504.70 7273.10 324.90 -45.00 270.00 72.46 87.50 92.70
CD232 6241.40 6605.30 291.90 -55.00 270.00 0.00 6.43 70.40
CD233 6537.00 7272.80 316.90 -45.00 270.00 23.80 80.20 80.20
CD234 6432.50 7364.00 315.30 -45.00 270.00 4.00 29.30 61.90
CD234 6432.50 7364.00 315.30 -45.00 270.00 32.60 44.20 61.90
CD234 6432.50 7364.00 315.30 -45.00 270.00 59.40 61.90 61.90
CD235 6285.60 6915.60 287.00 -45.00 90.00 0.00 15.10 91.70
CD235 6285.60 6915.60 287.00 -45.00 90.00 17.31 33.70 91.70
CD235 6285.60 6915.60 287.00 -45.00 90.00 45.26 77.89 91.70
CD235 6285.60 6915.60 287.00 -45.00 90.00 77.89 78.00 91.70
CD235 6285.60 6915.60 287.00 -45.00 90.00 78.00 89.60 91.70
CD236 6358.10 6830.30 303.00 -45.00 90.00 0.00 13.40 91.60
CD236 6358.10 6830.30 303.00 -45.00 90.00 39.00 51.20 91.60
CD237 6479.70 7089.00 342.90 -45.00 90.00 10.10 26.20 91.40
CD237 6479.70 7089.00 342.90 -45.00 90.00 36.43 36.94 91.40
CD237 6479.70 7089.00 342.90 -45.00 90.00 57.60 71.30 91.40
CD238 6348.10 6915.60 309.80 -45.00 90.00 0.00 4.45 99.40
CD238 6348.10 6915.60 309.80 -45.00 90.00 7.18 51.24 99.40
CD238 6348.10 6915.60 309.80 -45.00 90.00 62.59 64.99 99.40
CD238 6348.10 6915.60 309.80 -45.00 90.00 74.71 86.40 99.40
CD239 6281.30 6553.50 310.19 -55.00 270.00 17.40 39.30 79.25
CD239 6281.30 6553.50 310.19 -55.00 270.00 65.83 79.25 79.25
CD240 6192.30 6544.97 277.03 -55.00 270.00 16.90 59.70 59.70
CD241 6296.00 6640.00 296.80 -45.00 90.00 11.60 22.85 56.10
CD241 6296.00 6640.00 296.80 -45.00 90.00 39.60 44.87 56.10
CD242 6178.30 6420.60 290.60 -45.00 90.00 0.00 1.20 91.40
CD242 6178.30 6420.60 290.60 -45.00 90.00 29.60 40.77 91.40
CD242 6178.30 6420.60 290.60 -45.00 90.00 40.90 71.90 91.40
CD243 6242.30 6553.20 298.40 -55.00 270.00 0.00 15.20 103.60
CD243 6242.30 6553.20 298.40 -55.00 270.00 36.66 94.20 103.60
CD244 6203.00 6509.00 281.50 -45.00 90.00 0.00 4.09 82.60
CD244 6203.00 6509.00 281.50 -45.00 90.00 10.70 18.93 82.60
CD245 6419.70 7090.00 327.80 -45.00 90.00 3.05 14.90 91.70
CD245 6419.70 7090.00 327.80 -45.00 90.00 14.90 27.40 91.70
CD245 6419.70 7090.00 327.80 -45.00 90.00 42.70 70.70 91.70
CD246 6495.30 7354.50 301.40 -45.00 270.00 2.28 15.20 91.70

34a Alexander St, Burnie Tasmania 7320 Page 82 of 99

ANNUAL RESOURCE & RESERVE STATEMENT
DECEMBER 2022

Table 17 Centre Pit Combined Drill-hole Intersects as at 31 Dec 2020

Hole ID x y z dip azimuth Depth from Depth to Max depth
CD246 6495.30 7354.50 301.40 -45.00 270.00 15.20 49.40 91.70
CD246 6495.30 7354.50 301.40 -45.00 270.00 53.90 76.20 91.70
CD246 6495.30 7354.50 301.40 -45.00 270.00 76.20 91.70 91.70
CD247 6497.10 7357.00 301.20 -55.00 90.00 0.00 22.90 91.40
CD247 6497.10 7357.00 301.20 -55.00 90.00 37.80 50.90 91.40
CD247 6497.10 7357.00 301.20 -55.00 90.00 58.80 86.30 91.40
CD247 6497.10 7357.00 301.20 -55.00 90.00 86.52 86.70 91.40
CD248 6379.80 7001.00 320.30 -45.00 90.00 0.00 10.70 91.40
CD248 6379.80 7001.00 320.30 -45.00 90.00 21.30 34.40 91.40
CD248 6379.80 7001.00 320.30 -45.00 90.00 46.60 55.20 91.40
CD248 6379.80 7001.00 320.30 -45.00 90.00 55.20 91.40 91.40
CD249 6315.50 7002.00 290.30 -45.00 90.00 0.00 12.20 91.40
CD249 6315.50 7002.00 290.30 -45.00 90.00 12.20 24.40 91.40
CD249 6315.50 7002.00 290.30 -45.00 90.00 24.40 57.90 91.40
CD249 6315.50 7002.00 290.30 -45.00 90.00 63.40 71.60 91.40
CD249 6315.50 7002.00 290.30 -45.00 90.00 76.80 82.90 91.40
CD250 6354.80 7090.00 311.10 -45.00 90.00 23.32 60.00 80.50
CD250 6354.80 7090.00 311.10 -45.00 90.00 67.40 74.40 80.50
CD251 6299.00 7090.90 296.10 -45.00 90.00 7.30 54.30 91.40
CD252 6452.30 7184.10 336.60 -45.00 270.00 29.60 63.40 97.50
CD254 6552.00 7180.00 328.80 -43.00 270.00 6.40 46.60 79.20
CD254 6552.00 7180.00 328.80 -43.00 270.00 46.60 62.80 79.20
CD302 6006.10 6324.30 231.60 -45.00 90.00 9.80 22.10 243.80
CD302 6006.10 6324.30 231.60 -45.00 90.00 35.10 44.20 243.80
CD302 6006.10 6324.30 231.60 -45.00 90.00 49.20 54.90 243.80
CD302 6006.10 6324.30 231.60 -45.00 90.00 62.30 81.70 243.80
CD302 6006.10 6324.30 231.60 -45.00 90.00 104.50 112.90 243.80
CD302 6006.10 6324.30 231.60 -45.00 90.00 124.80 136.60 243.80
CD302 6006.10 6324.30 231.60 -45.00 90.00 136.60 146.40 243.80
CD302 6006.10 6324.30 231.60 -45.00 90.00 155.00 169.60 243.80
CD302 6006.10 6324.30 231.60 -45.00 90.00 183.50 188.60 243.80
CD302 6006.10 6324.30 231.60 -45.00 90.00 199.30 208.50 243.80
CD302 6006.10 6324.30 231.60 -45.00 90.00 222.50 226.90 243.80
CD303 6113.00 6416.00 269.60 -45.00 90.00 30.60 46.00 201.20
CD303 6113.00 6416.00 269.60 -45.00 90.00 92.00 99.50 201.20
CD303 6113.00 6416.00 269.60 -45.00 90.00 99.50 105.25 201.20
CD303 6113.00 6416.00 269.60 -45.00 90.00 105.25 130.90 201.20
CD303 6113.00 6416.00 269.60 -45.00 90.00 145.10 154.20 201.20
CD305 6128.00 6599.00 247.80 -47.00 90.00 8.20 41.50 204.20
CD305 6128.00 6599.00 247.80 -47.00 90.00 85.80 91.10 204.20
CD305 6128.00 6599.00 247.80 -47.00 90.00 97.50 125.30 204.20

34a Alexander St, Burnie Tasmania 7320 Page 83 of 99

ANNUAL RESOURCE & RESERVE STATEMENT
DECEMBER 2022

Table 17 Centre Pit Combined Drill-hole Intersects as at 31 Dec 2020

Hole ID x y z dip azimuth Depth from Depth to Max depth
CD305 6128.00 6599.00 247.80 -47.00 90.00 145.50 148.00 204.20
CD305 6128.00 6599.00 247.80 -47.00 90.00 148.00 172.70 204.20
CD305 6128.00 6599.00 247.80 -47.00 90.00 172.70 201.90 204.20
CD305 6128.00 6599.00 247.80 -47.00 90.00 234.24 238.29 204.20
CD307 6136.80 6681.80 238.10 -45.00 90.00 11.30 22.10 243.80
CD307 6136.80 6681.80 238.10 -45.00 90.00 33.50 61.70 243.80
CD307 6136.80 6681.80 238.10 -45.00 90.00 80.90 96.50 243.80
CD307 6136.80 6681.80 238.10 -45.00 90.00 106.40 134.00 243.80
CD307 6136.80 6681.80 238.10 -45.00 90.00 137.00 145.70 243.80
CD307 6136.80 6681.80 238.10 -45.00 90.00 145.70 163.05 243.80
CD307 6136.80 6681.80 238.10 -45.00 90.00 163.05 173.40 243.80
CD307 6136.80 6681.80 238.10 -45.00 90.00 214.60 234.20 243.80
CD308 6220.00 6830.00 274.70 -48.00 90.00 13.09 15.83 286.82
CD308 6220.00 6830.00 274.70 -48.00 90.00 25.30 47.50 286.82
CD308 6220.00 6830.00 274.70 -48.00 90.00 47.50 78.00 286.82
CD308 6220.00 6830.00 274.70 -48.00 90.00 84.90 111.60 286.82
CD308 6220.00 6830.00 274.70 -48.00 90.00 113.06 123.30 286.82
CD308 6220.00 6830.00 274.70 -48.00 90.00 162.50 195.20 286.82
CD308 6220.00 6830.00 274.70 -48.00 90.00 206.60 222.20 286.82
CD308 6220.00 6830.00 274.70 -48.00 90.00 250.10 254.70 286.82
CD309 6224.00 6900.00 273.30 -45.00 90.00 6.10 37.80 240.20
CD309 6224.00 6900.00 273.30 -45.00 90.00 44.20 81.07 240.20
CD309 6224.00 6900.00 273.30 -45.00 90.00 83.91 87.78 240.20
CD309 6224.00 6900.00 273.30 -45.00 90.00 92.20 122.70 240.20
CD309 6224.00 6900.00 273.30 -45.00 90.00 171.75 174.07 240.20
CD309 6224.00 6900.00 273.30 -45.00 90.00 174.35 191.29 240.20
CD309 6224.00 6900.00 273.30 -45.00 90.00 203.56 208.66 240.20
CD309 6224.00 6900.00 273.30 -45.00 90.00 212.90 240.20 240.20
CD401 6526.00 7002.00 301.30 -60.00 90.00 6.82 7.33 119.35
CD401 6526.00 7002.00 301.30 -60.00 90.00 106.20 119.35 119.35
CD403 6438.00 6990.00 265.00 -45.00 90.00 0.00 12.95 171.67
CD403 6438.00 6990.00 265.00 -45.00 90.00 83.05 88.40 171.67
CD403 6438.00 6990.00 265.00 -45.00 90.00 109.54 118.02 171.67
CD405 6302.00 7318.00 241.00 -55.00 90.00 110.80 125.50 179.95
CD405 6302.00 7318.00 241.00 -55.00 90.00 153.69 172.06 179.95
CD405 6302.00 7318.00 241.00 -55.00 90.00 172.23 179.95 179.95
CD406 6268.00 6811.00 228.60 -45.00 270.00 5.80 52.61 100.78
CD406 6268.00 6811.00 228.60 -45.00 270.00 54.62 77.00 100.78
CD407 6457.00 7182.00 221.00 -60.00 90.00 11.70 66.57 168.45
CD409 6482.00 7631.00 202.00 -50.00 270.00 0.00 5.45 152.91
CD409 6482.00 7631.00 202.00 -50.00 270.00 5.45 61.30 152.91

34a Alexander St, Burnie Tasmania 7320 Page 84 of 99

ANNUAL RESOURCE & RESERVE STATEMENT
DECEMBER 2022

Table 17 Centre Pit Combined Drill-hole Intersects as at 31 Dec 2020

Hole ID x y z dip azimuth Depth from Depth to Max depth
CD409 6482.00 7631.00 202.00 -50.00 270.00 92.93 98.22 152.91
CD410 6485.00 7440.00 206.00 -60.00 90.00 7.50 10.28 163.08
CD410 6485.00 7440.00 206.00 -60.00 90.00 10.28 22.00 163.08
CD410 6485.00 7440.00 206.00 -60.00 90.00 39.52 47.10 163.08
CD410 6485.00 7440.00 206.00 -60.00 90.00 66.80 78.40 163.08
CD411 6297.00 6690.00 231.00 -60.00 90.00 0.00 9.03 149.96
CD411 6297.00 6690.00 231.00 -60.00 90.00 9.68 25.50 149.96
CD411 6297.00 6690.00 231.00 -60.00 90.00 40.70 49.50 149.96
CD411 6297.00 6690.00 231.00 -60.00 90.00 123.50 135.40 149.96
CD412 6253.00 6416.00 267.00 -50.00 90.00 45.90 49.70 115.70
CD412 6253.00 6416.00 267.00 -50.00 90.00 94.80 100.18 115.70
CD413 6135.00 6788.00 233.00 -55.00 90.00 141.26 151.94 169.86
CD414 6539.00 7172.50 272.70 -60.00 90.00 10.75 20.20 128.03
CD414 6539.00 7172.50 272.70 -60.00 90.00 27.28 61.47 128.03
CD501 6134.50 6461.40 239.20 -50.00 270.00 0.00 34.80 115.50
CD502 6040.60 6186.90 238.60 -55.00 270.00 20.37 43.60 140.00
CD502 6040.60 6186.90 238.60 -55.00 270.00 43.71 52.10 140.00
CD502 6040.60 6186.90 238.60 -55.00 270.00 60.90 90.40 140.00
CD504 6487.00 7416.20 194.30 -45.00 270.00 0.00 4.00 134.00
CD504 6487.00 7416.20 194.30 -45.00 270.00 6.50 23.40 134.00
CD504 6487.00 7416.20 194.30 -45.00 270.00 23.40 57.01 134.00
CD504 6487.00 7416.20 194.30 -45.00 270.00 68.18 86.50 134.00
CD504 6487.00 7416.20 194.30 -45.00 270.00 103.30 107.00 134.00
CD506 6014.10 6186.80 238.10 -50.00 90.00 0.00 23.50 136.40
CD506 6014.10 6186.80 238.10 -50.00 90.00 27.60 33.45 136.40
CD506 6014.10 6186.80 238.10 -50.00 90.00 41.42 61.50 136.40
CD506 6014.10 6186.80 238.10 -50.00 90.00 68.00 87.90 136.40
CD506 6014.10 6186.80 238.10 -50.00 90.00 94.30 97.65 136.40
CD506 6014.10 6186.80 238.10 -50.00 90.00 97.65 109.80 136.40
CD506 6014.10 6186.80 238.10 -50.00 90.00 114.15 125.30 136.40
CD507 6446.20 7675.10 178.80 -45.00 90.00 0.00 3.10 101.60
CD507 6446.20 7675.10 178.80 -45.00 90.00 3.10 16.80 101.60
CD507 6446.20 7675.10 178.80 -45.00 90.00 16.80 91.90 101.60
CD508 6453.30 7497.90 184.50 -50.00 90.00 16.90 52.00 116.10
CD508 6453.30 7497.90 184.50 -50.00 90.00 52.00 65.00 116.10
CD508 6453.30 7497.90 184.50 -50.00 90.00 65.00 65.21 116.10
CD508 6453.30 7497.90 184.50 -50.00 90.00 65.21 73.80 116.10
CD508 6453.30 7497.90 184.50 -50.00 90.00 74.24 81.20 116.10
CD508 6453.30 7497.90 184.50 -50.00 90.00 81.20 106.20 116.10
CD509 6200.00 6502.90 223.30 -55.00 90.00 0.00 12.28 29.00
CD509 6200.00 6502.90 223.30 -55.00 90.00 13.14 19.30 29.00

34a Alexander St, Burnie Tasmania 7320 Page 85 of 99

ANNUAL RESOURCE & RESERVE STATEMENT
DECEMBER 2022

Table 17 Centre Pit Combined Drill-hole Intersects as at 31 Dec 2020

Hole ID x y z dip azimuth Depth from Depth to Max depth
CD510 6435.70 7227.50 199.10 -50.00 270.00 0.00 16.30 81.90
CD510 6435.70 7227.50 199.10 -50.00 270.00 25.84 30.01 81.90
CD511 6321.70 6954.00 204.50 -60.00 270.00 3.00 24.90 66.70
CD512 6438.50 7225.50 198.30 -45.00 90.00 0.00 5.50 143.00
CD512 6438.50 7225.50 198.30 -45.00 90.00 5.50 13.80 143.00
CD512 6438.50 7225.50 198.30 -45.00 90.00 16.80 51.62 143.00
CD512 6438.50 7225.50 198.30 -45.00 90.00 82.80 92.80 143.00
CD513 6233.30 6690.50 209.70 -50.00 270.00 0.00 28.21 80.50
CD513 6233.30 6690.50 209.70 -50.00 270.00 39.45 53.50 80.50
CD514 6344.50 7000.00 203.70 -45.00 90.00 0.00 7.90 146.00
CD514 6344.50 7000.00 203.70 -45.00 90.00 15.00 41.00 146.00
CD514 6344.50 7000.00 203.70 -45.00 90.00 45.86 50.53 146.00
CD514 6344.50 7000.00 203.70 -45.00 90.00 54.10 82.00 146.00
CD514 6344.50 7000.00 203.70 -45.00 90.00 103.60 112.90 146.00
CD514 6344.50 7000.00 203.70 -45.00 90.00 122.30 135.66 146.00
CD515 6078.40 6277.70 238.90 -55.00 270.00 17.04 67.03 104.30
CD515 6078.40 6277.70 238.90 -55.00 270.00 88.10 96.41 104.30
CD516 6119.40 6415.40 240.40 -60.00 90.00 10.70 16.70 151.20
CD516 6119.40 6415.40 240.40 -60.00 90.00 56.50 75.20 151.20
CD516 6119.40 6415.40 240.40 -60.00 90.00 86.90 100.70 151.20
CD516 6119.40 6415.40 240.40 -60.00 90.00 116.60 140.60 151.20
CD517 5898.00 6000.00 222.50 -40.00 90.00 63.60 72.20 152.40
CD517 5898.00 6000.00 222.50 -40.00 90.00 81.76 85.40 152.40
CD520 5968.00 6096.20 213.23 -40.00 90.00 21.90 38.10 158.30
CD520 5968.00 6096.20 213.23 -40.00 90.00 48.80 54.94 158.30
CD520 5968.00 6096.20 213.23 -40.00 90.00 84.45 103.51 158.30
CD520 5968.00 6096.20 213.23 -40.00 90.00 116.20 134.30 158.30
CD601 6222.00 6645.00 209.00 -45.00 90.00 3.50 29.20 117.10
CD601 6222.00 6645.00 209.00 -45.00 90.00 49.80 83.31 117.10
CD601 6222.00 6645.00 209.00 -45.00 90.00 83.31 94.40 117.10
CD602 6173.00 6503.00 213.00 -45.00 270.00 0.00 19.30 146.60
CD602 6173.00 6503.00 213.00 -45.00 270.00 56.10 68.34 146.60
CD603 6135.80 6417.00 214.70 -45.00 270.00 78.00 81.50 140.00
CD604 6332.00 6689.40 243.20 -50.00 90.00 11.30 26.50 113.30
CD604 6332.00 6689.40 243.20 -50.00 90.00 99.60 100.70 113.30
CD605 6424.10 7586.00 170.80 -45.00 270.00 60.60 83.90 151.00
CD605 6424.10 7586.00 170.80 -45.00 270.00 92.00 106.30 151.00
CD606 6424.10 7586.00 170.80 -45.00 90.00 9.00 15.60 184.00
CD606 6424.10 7586.00 170.80 -45.00 90.00 31.10 50.00 184.00
CD606 6424.10 7586.00 170.80 -45.00 90.00 50.00 59.70 184.00
CD606 6424.10 7586.00 170.80 -45.00 90.00 127.50 141.20 184.00

34a Alexander St, Burnie Tasmania 7320 Page 86 of 99

ANNUAL RESOURCE & RESERVE STATEMENT
DECEMBER 2022

Table 17 Centre Pit Combined Drill-hole Intersects as at 31 Dec 2020

Hole ID x y z dip azimuth Depth from Depth to Max depth
CD606 6424.10 7586.00 170.80 -45.00 90.00 150.50 155.10 184.00
CD606 6424.10 7586.00 170.80 -45.00 90.00 155.10 162.30 184.00
CD606 6424.10 7586.00 170.80 -45.00 90.00 174.60 180.10 184.00
CD607 6398.30 7181.30 187.50 -45.00 270.00 49.62 61.48 149.50
CD608 6360.00 7090.20 190.90 -40.00 90.00 49.00 58.70 169.50
CD608 6360.00 7090.20 190.90 -40.00 90.00 75.90 83.80 169.50
CD608 6360.00 7090.20 190.90 -40.00 90.00 107.40 108.70 169.50
CD609 6360.00 7090.20 190.90 -45.00 270.00 0.20 13.00 91.80
CD611 6349.20 6832.00 229.50 -40.00 90.00 6.43 17.80 140.00
CD611 6349.20 6832.00 229.50 -40.00 90.00 77.60 84.80 140.00
CD611 6349.20 6832.00 229.50 -40.00 90.00 121.00 126.00 140.00
CD612 6410.00 7498.50 173.20 -40.00 270.00 65.50 70.50 97.40
CD613 6436.00 7090.00 222.50 -40.00 90.00 17.60 31.80 169.00
CD613 6436.00 7090.00 222.50 -40.00 90.00 75.40 84.40 169.00
CD613 6436.00 7090.00 222.50 -40.00 90.00 117.20 125.21 169.00
CD614 6149.00 6279.50 230.29 -40.00 90.00 0.50 23.63 118.00
CD614 6149.00 6279.50 230.29 -40.00 90.00 31.80 37.40 118.00
CD614 6149.00 6279.50 230.29 -40.00 90.00 94.55 96.28 118.00
CD701 6444.20 7539.50 172.30 -45.00 90.00 6.30 20.70 194.30
CD701 6444.20 7539.50 172.30 -45.00 90.00 49.40 68.69 194.30
CD701 6444.20 7539.50 172.30 -45.00 90.00 69.20 82.00 194.30
CD701 6444.20 7539.50 172.30 -45.00 90.00 106.70 113.50 194.30
CD701 6444.20 7539.50 172.30 -45.00 90.00 126.70 130.00 194.30
CD701 6444.20 7539.50 172.30 -45.00 90.00 144.60 152.40 194.30
CD701 6444.20 7539.50 172.30 -45.00 90.00 167.20 172.15 194.30
CD702 6427.00 7440.00 174.30 -45.00 90.00 0.00 34.50 119.10
CD702 6427.00 7440.00 174.30 -45.00 90.00 34.50 55.60 119.10
CD702 6427.00 7440.00 174.30 -45.00 90.00 58.25 71.40 119.10
CD702 6427.00 7440.00 174.30 -45.00 90.00 84.10 90.30 119.10
CD702 6427.00 7440.00 174.30 -45.00 90.00 96.65 114.20 119.10
CD703 6420.00 7364.00 175.70 -43.00 90.00 0.00 11.55 155.60
CD703 6420.00 7364.00 175.70 -43.00 90.00 11.55 22.30 155.60
CD703 6420.00 7364.00 175.70 -43.00 90.00 25.30 69.00 155.60
CD703 6420.00 7364.00 175.70 -43.00 90.00 75.60 82.50 155.60
CD703 6420.00 7364.00 175.70 -43.00 90.00 82.50 90.00 155.60
CD703 6420.00 7364.00 175.70 -43.00 90.00 90.00 98.10 155.60
CD703 6420.00 7364.00 175.70 -43.00 90.00 98.10 104.90 155.60
CD703 6420.00 7364.00 175.70 -43.00 90.00 113.50 130.10 155.60
CD703 6420.00 7364.00 175.70 -43.00 90.00 141.00 148.90 155.60
CD704 6411.70 7317.50 176.00 -40.00 90.00 0.00 11.80 98.50
CD704 6411.70 7317.50 176.00 -40.00 90.00 13.90 30.00 98.50

34a Alexander St, Burnie Tasmania 7320 Page 87 of 99

ANNUAL RESOURCE & RESERVE STATEMENT
DECEMBER 2022

Table 17 Centre Pit Combined Drill-hole Intersects as at 31 Dec 2020

Hole ID x y z dip azimuth Depth from Depth to Max depth
CD704 6411.70 7317.50 176.00 -40.00 90.00 31.20 50.30 98.50
CD704 6411.70 7317.50 176.00 -40.00 90.00 53.10 71.40 98.50
CD704 6411.70 7317.50 176.00 -40.00 90.00 77.39 90.90 98.50
CD705 6423.00 7273.00 176.20 -40.00 90.00 0.00 37.20 131.20
CD705 6423.00 7273.00 176.20 -40.00 90.00 37.20 52.60 131.20
CD705 6423.00 7273.00 176.20 -40.00 90.00 71.50 78.90 131.20
CD705 6423.00 7273.00 176.20 -40.00 90.00 78.90 90.50 131.20
CD706 6381.00 7136.00 190.50 -40.00 90.00 65.80 70.50 115.85
CD706 6381.00 7136.00 190.50 -40.00 90.00 70.50 75.85 115.85
CD707 6304.90 7001.00 193.50 -40.00 90.00 0.00 4.50 112.50
CD707 6304.90 7001.00 193.50 -40.00 90.00 52.30 98.00 112.50
CD708 6259.80 6873.50 196.20 -45.00 90.00 18.00 58.06 120.50
CD708 6259.80 6873.50 196.20 -45.00 90.00 59.17 88.10 120.50
CD708 6259.80 6873.50 196.20 -45.00 90.00 98.20 111.00 120.50
CD709 6166.20 6640.80 201.60 -45.00 90.00 0.00 3.75 100.50
CD709 6166.20 6640.80 201.60 -45.00 90.00 24.00 28.55 100.50
CD709 6166.20 6640.80 201.60 -45.00 90.00 53.10 76.50 100.50
CD709 6166.20 6640.80 201.60 -45.00 90.00 86.00 93.92 100.50
CD709 6166.20 6640.80 201.60 -45.00 90.00 100.39 100.50 100.50
CD711 6151.50 6369.50 205.20 -40.00 90.00 0.00 5.50 91.50
CD711 6151.50 6369.50 205.20 -40.00 90.00 9.00 52.50 91.50
CD712 6098.80 6234.50 208.30 -40.00 270.00 0.00 13.30 144.00
CD712 6098.80 6234.50 208.30 -40.00 270.00 28.80 44.00 144.00
CD712 6098.80 6234.50 208.30 -40.00 270.00 44.00 78.30 144.00
CD712 6098.80 6234.50 208.30 -40.00 270.00 78.30 113.40 144.00
CD712 6098.80 6234.50 208.30 -40.00 270.00 123.70 139.50 144.00
CD713 6359.00 7043.00 192.70 -40.00 90.00 0.00 0.65 112.00
CD713 6359.00 7043.00 192.70 -40.00 90.00 26.20 42.00 112.00
CD713 6359.00 7043.00 192.70 -40.00 90.00 46.20 56.00 112.00
CD713 6359.00 7043.00 192.70 -40.00 90.00 92.70 98.30 112.00
CD714 6149.50 6462.50 204.30 -45.00 90.00 5.80 21.40 131.60
CD714 6149.50 6462.50 204.30 -45.00 90.00 23.25 48.10 131.60
CD714 6149.50 6462.50 204.30 -45.00 90.00 52.39 52.49 131.60
CD714 6149.50 6462.50 204.30 -45.00 90.00 83.53 83.60 131.60
CD714 6149.50 6462.50 204.30 -45.00 90.00 83.60 99.70 131.60
CD715 6219.50 6500.00 202.80 -50.00 270.00 50.19 52.77 91.40
CD715 6219.50 6500.00 202.80 -50.00 270.00 76.50 76.79 91.40
CD716 6500.00 7719.70 158.00 -40.00 270.00 0.00 49.58 157.20
CD716 6500.00 7719.70 158.00 -40.00 270.00 49.93 51.10 157.20
CD716 6500.00 7719.70 158.00 -40.00 270.00 51.20 66.60 157.20
CD716 6500.00 7719.70 158.00 -40.00 270.00 66.60 90.60 157.20

34a Alexander St, Burnie Tasmania 7320 Page 88 of 99

ANNUAL RESOURCE & RESERVE STATEMENT
DECEMBER 2022

Table 17 Centre Pit Combined Drill-hole Intersects as at 31 Dec 2020

Hole ID x y z dip azimuth Depth from Depth to Max depth
CD716 6500.00 7719.70 158.00 -40.00 270.00 90.60 110.20 157.20
CD716 6500.00 7719.70 158.00 -40.00 270.00 119.40 141.00 157.20
CD716 6500.00 7719.70 158.00 -40.00 270.00 141.00 148.90 157.20
CD717 6237.00 6830.00 197.20 -50.00 90.00 0.00 3.50 120.00
CD717 6237.00 6830.00 197.20 -50.00 90.00 24.30 33.60 120.00
CD717 6237.00 6830.00 197.20 -50.00 90.00 60.80 80.80 120.00
CD717 6237.00 6830.00 197.20 -50.00 90.00 89.10 94.30 120.00
CD717 6237.00 6830.00 197.20 -50.00 90.00 100.25 111.28 120.00
CD717 6237.00 6830.00 197.20 -50.00 90.00 111.28 120.00 120.00
CD718 6193.10 6736.50 199.50 -45.00 90.00 27.30 42.60 129.40
CD718 6193.10 6736.50 199.50 -45.00 90.00 54.52 55.03 129.40
CD718 6193.10 6736.50 199.50 -45.00 90.00 55.03 55.85 129.40
CD718 6193.10 6736.50 199.50 -45.00 90.00 55.85 65.26 129.40
CD718 6193.10 6736.50 199.50 -45.00 90.00 79.20 107.90 129.40
CD719 6233.90 6688.80 200.30 -40.00 90.00 0.00 4.50 120.00
CD719 6233.90 6688.80 200.30 -40.00 90.00 4.50 9.40 120.00
CD719 6233.90 6688.80 200.30 -40.00 90.00 9.40 18.70 120.00
CD719 6233.90 6688.80 200.30 -40.00 90.00 20.90 25.91 120.00
CD719 6233.90 6688.80 200.30 -40.00 90.00 35.75 76.60 120.00
CD719 6233.90 6688.80 200.30 -40.00 90.00 102.85 104.12 120.00
CD720 6244.50 6599.50 201.85 -45.00 90.00 7.00 12.72 104.70
CD720 6244.50 6599.50 201.85 -45.00 90.00 12.99 26.30 104.70
CD720 6244.50 6599.50 201.85 -45.00 90.00 26.30 48.70 104.70
CD720 6244.50 6599.50 201.85 -45.00 90.00 48.70 64.50 104.70
CD720 6244.50 6599.50 201.85 -45.00 90.00 94.15 95.20 104.70
CD721 6107.50 6325.00 207.25 -40.00 90.00 0.00 8.00 103.50
CD721 6107.50 6325.00 207.25 -40.00 90.00 32.90 45.70 103.50
CD721 6107.50 6325.00 207.25 -40.00 90.00 68.90 75.00 103.50
CD722 6075.00 6235.00 208.30 -45.00 90.00 0.00 12.50 90.00
CD722 6075.00 6235.00 208.30 -45.00 90.00 17.50 51.70 90.00
CD722 6075.00 6235.00 208.30 -45.00 90.00 51.70 58.30 90.00
CD723 6041.60 6140.00 233.30 -45.00 270.00 10.20 29.90 76.50
CD723 6041.60 6140.00 233.30 -45.00 270.00 35.00 44.70 76.50
CD724 6115.00 6139.70 240.90 -45.00 270.00 32.20 44.90 102.00
CD724 6115.00 6139.70 240.90 -45.00 270.00 53.11 64.35 102.00
CD724 6115.00 6139.70 240.90 -45.00 270.00 72.40 96.91 102.00
CD725 6400.00 7628.80 159.75 -40.00 90.00 44.04 80.00 204.00
CD725 6400.00 7628.80 159.75 -40.00 90.00 84.85 95.00 204.00
CD725 6400.00 7628.80 159.75 -40.00 90.00 95.00 123.00 204.00
CD725 6400.00 7628.80 159.75 -40.00 90.00 192.30 197.30 204.00
CD726 6360.50 6958.10 194.00 -40.00 90.00 3.80 16.00 89.00

34a Alexander St, Burnie Tasmania 7320 Page 89 of 99

ANNUAL RESOURCE & RESERVE STATEMENT
DECEMBER 2022

Table 17 Centre Pit Combined Drill-hole Intersects as at 31 Dec 2020

Hole ID x y z dip azimuth Depth from Depth to Max depth
CD726 6360.50 6958.10 194.00 -40.00 90.00 17.12 27.30 89.00
CD726 6360.50 6958.10 194.00 -40.00 90.00 31.20 51.28 89.00
CD726 6360.50 6958.10 194.00 -40.00 90.00 54.19 67.57 89.00
CD726 6360.50 6958.10 194.00 -40.00 90.00 69.54 72.98 89.00
CD726 6360.50 6958.10 194.00 -40.00 90.00 74.15 74.20 89.00
CD727 6294.60 6787.60 198.30 -40.00 90.00 0.00 11.20 100.00
CD727 6294.60 6787.60 198.30 -40.00 90.00 15.20 33.00 100.00
CD727 6294.60 6787.60 198.30 -40.00 90.00 62.50 90.00 100.00
CD727 6294.60 6787.60 198.30 -40.00 90.00 91.80 97.40 100.00
CD728 6139.70 6498.80 204.80 -45.00 90.00 0.00 9.50 99.70
CD728 6139.70 6498.80 204.80 -45.00 90.00 24.80 52.00 99.70
CD728 6139.70 6498.80 204.80 -45.00 90.00 60.50 62.40 99.70
CD728 6139.70 6498.80 204.80 -45.00 90.00 62.40 73.00 99.70
CD729 6132.60 6553.00 203.00 -40.00 90.00 41.20 47.10 164.50
CD729 6132.60 6553.00 203.00 -40.00 90.00 56.80 64.40 164.50
CD729 6132.60 6553.00 203.00 -40.00 90.00 64.64 78.08 164.50
CD729 6132.60 6553.00 203.00 -40.00 90.00 96.90 130.70 164.50
CD729 6132.60 6553.00 203.00 -40.00 90.00 131.20 149.14 164.50
CD729 6132.60 6553.00 203.00 -40.00 90.00 149.14 149.65 164.50
CD729 6132.60 6553.00 203.00 -40.00 90.00 149.65 149.95 164.50
CD730 6062.60 6279.00 208.10 -40.00 90.00 0.00 20.50 126.00
CD730 6062.60 6279.00 208.10 -40.00 90.00 33.90 53.20 126.00
CD730 6062.60 6279.00 208.10 -40.00 90.00 64.80 77.30 126.00
CD731 6386.00 7227.20 178.00 -40.00 90.00 35.70 52.50 110.00
CD732 6414.30 7182.00 179.10 -50.00 90.00 0.00 7.19 105.50
CD801 6450.50 7364.20 143.00 -45.00 270.00 0.00 8.80 98.50
CD801 6450.50 7364.20 143.00 -45.00 270.00 10.29 16.86 98.50
CD801 6450.50 7364.20 143.00 -45.00 270.00 34.00 58.30 98.50
CD801 6450.50 7364.20 143.00 -45.00 270.00 65.50 81.81 98.50
CD802 6465.00 7410.90 143.15 -45.00 90.00 0.00 12.47 85.00
CD802 6465.00 7410.90 143.15 -45.00 90.00 13.12 17.00 85.00
CD802 6465.00 7410.90 143.15 -45.00 90.00 17.00 35.00 85.00
CD802 6465.00 7410.90 143.15 -45.00 90.00 35.00 75.40 85.00
CD802 6465.00 7410.90 143.15 -45.00 90.00 75.40 78.50 85.00
CD803 6470.30 7439.50 141.70 -45.00 270.00 0.00 1.54 91.20
CD803 6470.30 7439.50 141.70 -45.00 270.00 4.29 25.70 91.20
CD803 6470.30 7439.50 141.70 -45.00 270.00 28.80 54.44 91.20
CD803 6470.30 7439.50 141.70 -45.00 270.00 54.44 86.80 91.20
CD804 6449.80 7272.20 145.40 -40.00 270.00 44.90 66.50 80.80
CD804 6449.80 7272.20 145.40 -40.00 270.00 70.10 73.60 80.80
CD805 6458.60 7719.50 128.60 -45.00 90.00 0.00 0.73 57.00

34a Alexander St, Burnie Tasmania 7320 Page 90 of 99

ANNUAL RESOURCE & RESERVE STATEMENT
DECEMBER 2022

Table 17 Centre Pit Combined Drill-hole Intersects as at 31 Dec 2020

Hole ID x y z dip azimuth Depth from Depth to Max depth
CD805 6458.60 7719.50 128.60 -45.00 90.00 2.40 19.70 57.00
CD805 6458.60 7719.50 128.60 -45.00 90.00 42.30 49.40 57.00
CD806 6186.10 6462.60 154.80 -45.00 270.00 46.82 54.00 54.00
CD807 6015.00 6235.40 155.90 -50.00 90.00 0.40 28.90 80.30
CD807 6015.00 6235.40 155.90 -50.00 90.00 28.90 42.10 80.30
CD807 6015.00 6235.40 155.90 -50.00 90.00 67.90 75.60 80.30
CD807 6015.00 6235.40 155.90 -50.00 90.00 75.60 80.30 80.30
CD808 6042.80 6278.80 147.00 -45.00 90.00 0.00 16.30 80.30
CD808 6042.80 6278.80 147.00 -45.00 90.00 40.70 45.70 80.30
CD808 6042.80 6278.80 147.00 -45.00 90.00 45.70 52.70 80.30
CD808 6042.80 6278.80 147.00 -45.00 90.00 52.70 75.70 80.30
CD808 6042.80 6278.80 147.00 -45.00 90.00 75.70 80.30 80.30
CD810 6124.90 6502.10 155.10 -45.00 90.00 28.38 38.31 77.00
CD810 6124.90 6502.10 155.10 -45.00 90.00 52.84 70.50 77.00
CD811 6446.80 7540.90 130.70 -50.00 90.00 0.00 0.83 100.00
CD811 6446.80 7540.90 130.70 -50.00 90.00 10.72 17.20 100.00
CD811 6446.80 7540.90 130.70 -50.00 90.00 17.20 27.60 100.00
CD811 6446.80 7540.90 130.70 -50.00 90.00 27.60 51.86 100.00
CD811 6446.80 7540.90 130.70 -50.00 90.00 53.49 58.80 100.00
CD811 6446.80 7540.90 130.70 -50.00 90.00 80.00 95.30 100.00
CD812 6445.90 7677.60 126.90 -45.00 90.00 0.00 9.53 117.00
CD812 6445.90 7677.60 126.90 -45.00 90.00 19.90 23.50 117.00
CD812 6445.90 7677.60 126.90 -45.00 90.00 23.50 33.00 117.00
CD812 6445.90 7677.60 126.90 -45.00 90.00 33.00 65.30 117.00
CD812 6445.90 7677.60 126.90 -45.00 90.00 65.30 73.70 117.00
CD812 6445.90 7677.60 126.90 -45.00 90.00 85.90 111.90 117.00
CD813 6470.10 7625.50 128.30 -50.00 270.00 0.00 42.90 90.00
CD813 6470.10 7625.50 128.30 -50.00 270.00 54.90 85.50 90.00
CD901 6573.40 7745.00 145.00 -54.00 270.00 105.00 115.00 301.50
CD901 6573.40 7745.00 145.00 -54.00 270.00 124.40 162.10 301.50
CD901 6573.40 7745.00 145.00 -54.00 270.00 164.00 255.80 301.50
CD901 6573.40 7745.00 145.00 -54.00 270.00 264.20 292.50 301.50
CD901 6573.40 7745.00 145.00 -54.00 270.00 292.50 299.50 301.50
CD903 5926.00 6158.30 209.50 -50.00 90.00 107.30 113.40 241.30
CD903 5926.00 6158.30 209.50 -50.00 90.00 115.55 118.50 241.30
CD903 5926.00 6158.30 209.50 -50.00 90.00 127.60 171.00 241.30
CD903 5926.00 6158.30 209.50 -50.00 90.00 181.86 202.01 241.30
CD903 5926.00 6158.30 209.50 -50.00 90.00 210.34 211.51 241.30
CD903 5926.00 6158.30 209.50 -50.00 90.00 214.40 224.40 241.30
CD904 5942.20 6325.10 192.50 -50.00 90.00 178.80 187.30 272.00
CD904 5942.20 6325.10 192.50 -50.00 90.00 196.80 197.95 272.00

34a Alexander St, Burnie Tasmania 7320 Page 91 of 99

ANNUAL RESOURCE & RESERVE STATEMENT
DECEMBER 2022

Table 17 Centre Pit Combined Drill-hole Intersects as at 31 Dec 2020

Hole ID x y z dip azimuth Depth from Depth to Max depth
CD904 5942.20 6325.10 192.50 -50.00 90.00 197.95 198.12 272.00
CD904 5942.20 6325.10 192.50 -50.00 90.00 198.12 219.30 272.00
CD904 5942.20 6325.10 192.50 -50.00 90.00 227.60 264.60 272.00
CD905 6061.80 6499.90 173.00 -50.00 90.00 95.29 109.05 247.00
CD905 6061.80 6499.90 173.00 -50.00 90.00 123.30 126.50 247.00
CD905 6061.80 6499.90 173.00 -50.00 90.00 138.30 142.30 247.00
CD905 6061.80 6499.90 173.00 -50.00 90.00 152.10 178.40 247.00
CD905 6061.80 6499.90 173.00 -50.00 90.00 196.80 212.03 247.00
CD905 6061.80 6499.90 173.00 -50.00 90.00 212.03 212.04 247.00
CD905 6061.80 6499.90 173.00 -50.00 90.00 212.05 230.70 247.00
CD905 6061.80 6499.90 173.00 -50.00 90.00 237.92 242.40 247.00
CD906 6163.00 6780.00 168.50 -50.00 83.00 96.80 107.70 236.70
CD906 6163.00 6780.00 168.50 -50.00 83.00 114.48 136.80 236.70
CD906 6163.00 6780.00 168.50 -50.00 83.00 143.00 161.20 236.70
CD908 6599.00 7540.00 183.00 -53.00 270.00 82.40 92.30 250.00
CD908 6599.00 7540.00 183.00 -53.00 270.00 93.70 97.10 250.00
CD908 6599.00 7540.00 183.00 -53.00 270.00 128.50 139.10 250.00
CD908 6599.00 7540.00 183.00 -53.00 270.00 153.18 169.67 250.00
CD908 6599.00 7540.00 183.00 -53.00 270.00 169.96 224.40 250.00
CD908 6599.00 7540.00 183.00 -53.00 270.00 238.20 250.00 250.00
CD910 6111.00 6599.00 160.00 -45.00 90.00 93.04 93.51 242.00
CD910 6111.00 6599.00 160.00 -45.00 90.00 116.20 134.10 242.00
CD910 6111.00 6599.00 160.00 -45.00 90.00 134.53 166.81 242.00
CD910 6111.00 6599.00 160.00 -45.00 90.00 201.17 201.27 242.00
CD911 6007.00 6095.00 222.00 -60.00 90.00 0.00 24.00 111.00
CD911 6007.00 6095.00 222.00 -60.00 90.00 58.00 84.00 111.00
CD911 6007.00 6095.00 222.00 -60.00 90.00 110.92 111.00 111.00
CD913 5948.00 6045.00 222.00 -60.00 90.00 28.00 42.00 96.00
CD913 5948.00 6045.00 222.00 -60.00 90.00 70.18 80.08 96.00
CDDH07001 6421.05 7816.59 111.71 -53.56 72.63 4.76 13.36 20.00
CDDH07001 6421.05 7816.59 111.71 -53.56 72.63 13.36 20.00 20.00
CDDH07002 6419.03 7816.03 111.54 -86.27 244.45 5.60 20.00 20.00
CDDH13011 6017.12 6673.00 188.58 -50.62 91.34 280.75 287.80 410.00
CDDH13012 6056.43 6746.77 193.83 -59.73 91.48 279.30 300.50 400.00
CDDH13012 6056.43 6746.77 193.83 -59.73 91.48 305.60 311.20 400.00
CDDH13012 6056.43 6746.77 193.83 -59.73 91.48 328.20 360.93 400.00
CDDH13012 6056.43 6746.77 193.83 -59.73 91.48 360.93 364.37 400.00
CDDH13013 6174.86 6829.12 168.98 -53.71 126.79 99.00 111.00 262.10
CDDH13013 6174.86 6829.12 168.98 -53.71 126.79 121.53 138.25 262.10
CDDH13013 6174.86 6829.12 168.98 -53.71 126.79 145.40 167.90 262.10
CDDH13013 6174.86 6829.12 168.98 -53.71 126.79 174.10 184.90 262.10

34a Alexander St, Burnie Tasmania 7320 Page 92 of 99

ANNUAL RESOURCE & RESERVE STATEMENT
DECEMBER 2022

Table 17 Centre Pit Combined Drill-hole Intersects as at 31 Dec 2020

Hole ID x y z dip azimuth Depth from Depth to Max depth
CDDH13013 6174.86 6829.12 168.98 -53.71 126.79 186.90 212.90 262.10
CDDH13013 6174.86 6829.12 168.98 -53.71 126.79 222.30 233.60 262.10
CDDH13014 6175.23 6829.95 169.14 -52.04 81.07 82.72 92.30 315.20
CDDH13014 6175.23 6829.95 169.14 -52.04 81.07 112.30 120.90 315.20
CDDH13014 6175.23 6829.95 169.14 -52.04 81.07 199.90 218.00 315.20
CDDH13014 6175.23 6829.95 169.14 -52.04 81.07 243.50 255.50 315.20
CDDH13014 6175.23 6829.95 169.14 -52.04 81.07 271.10 281.62 315.20
CDDH13014 6175.23 6829.95 169.14 -52.04 81.07 281.62 281.63 315.20
CDDH13014 6175.23 6829.95 169.14 -52.04 81.07 281.63 292.40 315.20
CDDH13014 6175.23 6829.95 169.14 -52.04 81.07 296.10 308.98 315.20
CDDH13015 6263.19 6927.95 155.05 -57.38 112.68 89.37 90.89 229.80
CDDH13015 6263.19 6927.95 155.05 -57.38 112.68 116.29 117.98 229.80
CDDH13015 6263.19 6927.95 155.05 -57.38 112.68 133.60 140.60 229.80
CDDH13015 6263.19 6927.95 155.05 -57.38 112.68 148.60 171.10 229.80
CDDH13015 6263.19 6927.95 155.05 -57.38 112.68 171.10 174.80 229.80
CDDH13015 6263.19 6927.95 155.05 -57.38 112.68 182.30 184.00 229.80
CDDH13015 6263.19 6927.95 155.05 -57.38 112.68 190.57 208.70 229.80
CDDH13016 6264.22 6930.42 155.01 -50.97 77.19 102.57 113.78 230.10
CDDH13016 6264.22 6930.42 155.01 -50.97 77.19 121.90 128.43 230.10
CDDH13016 6264.22 6930.42 155.01 -50.97 77.19 145.82 161.05 230.10
CDDH13016 6264.22 6930.42 155.01 -50.97 77.19 177.33 187.12 230.10
CDDH13016 6264.22 6930.42 155.01 -50.97 77.19 187.12 191.50 230.10
CDDH13016 6264.22 6930.42 155.01 -50.97 77.19 191.50 212.97 230.10
CDDH13017 6176.23 6828.28 168.23 -51.97 98.46 76.33 86.67 278.30
CDDH13017 6176.23 6828.28 168.23 -51.97 98.46 112.30 122.40 278.30
CDDH13017 6176.23 6828.28 168.23 -51.97 98.46 124.30 159.15 278.30
CDDH13017 6176.23 6828.28 168.23 -51.97 98.46 164.10 177.00 278.30
CDDH13017 6176.23 6828.28 168.23 -51.97 98.46 238.00 243.30 278.30
CDDH13018 6338.83 7000.72 144.49 -63.85 90.02 45.30 54.17 163.70
CDDH13018 6338.83 7000.72 144.49 -63.85 90.02 60.55 82.24 163.70
CDDH13018 6338.83 7000.72 144.49 -63.85 90.02 82.24 82.82 163.70
CDDH13018 6338.83 7000.72 144.49 -63.85 90.02 82.82 102.70 163.70
CDDH13018 6338.83 7000.72 144.49 -63.85 90.02 109.15 138.80 163.70
CDDH13018 6338.83 7000.72 144.49 -63.85 90.02 138.80 148.00 163.70
CDDH13019 6323.90 7087.32 139.92 -56.50 116.73 28.50 52.62 195.20
CDDH13019 6323.90 7087.32 139.92 -56.50 116.73 72.70 106.80 195.20
CDDH13019 6323.90 7087.32 139.92 -56.50 116.73 110.50 127.00 195.20
CDDH13019 6323.90 7087.32 139.92 -56.50 116.73 130.80 163.80 195.20
CDDH13019 6323.90 7087.32 139.92 -56.50 116.73 170.00 186.55 195.20
CDDH13020 6323.92 7088.57 139.93 -54.70 81.62 38.20 49.60 219.60
CDDH13020 6323.92 7088.57 139.93 -54.70 81.62 59.35 81.00 219.60

34a Alexander St, Burnie Tasmania 7320 Page 93 of 99

ANNUAL RESOURCE & RESERVE STATEMENT
DECEMBER 2022

Table 17 Centre Pit Combined Drill-hole Intersects as at 31 Dec 2020

Hole ID x y z dip azimuth Depth from Depth to Max depth
CDDH13020 6323.92 7088.57 139.93 -54.70 81.62 93.45 124.30 219.60
CDDH13020 6323.92 7088.57 139.93 -54.70 81.62 130.00 139.80 219.60
CDDH13020 6323.92 7088.57 139.93 -54.70 81.62 150.11 174.35 219.60
CDDH13020 6323.92 7088.57 139.93 -54.70 81.62 174.35 195.40 219.60
CDDH13021 6323.51 7090.78 139.72 -48.83 54.88 52.80 56.70 246.50
CDDH13021 6323.51 7090.78 139.72 -48.83 54.88 65.23 68.05 246.50
CDDH13021 6323.51 7090.78 139.72 -48.83 54.88 69.10 98.30 246.50
CDDH13021 6323.51 7090.78 139.72 -48.83 54.88 122.20 148.40 246.50
CDDH13021 6323.51 7090.78 139.72 -48.83 54.88 151.90 179.90 246.50
CDDH13021 6323.51 7090.78 139.72 -48.83 54.88 181.60 185.10 246.50
CDDH13021 6323.51 7090.78 139.72 -48.83 54.88 189.60 202.40 246.50
CDDH13021 6323.51 7090.78 139.72 -48.83 54.88 210.40 228.10 246.50
CDDH14001 6294.11 6850.43 141.64 -59.16 89.75 0.00 9.60 314.20
CDDH14001 6294.11 6850.43 141.64 -59.16 89.75 16.98 19.37 314.20
CDDH14001 6294.11 6850.43 141.64 -59.16 89.75 19.53 37.79 314.20
CDDH14001 6294.11 6850.43 141.64 -59.16 89.75 44.80 54.00 314.20
CDDH14001 6294.11 6850.43 141.64 -59.16 89.75 98.42 109.25 314.20
CDDH14001 6294.11 6850.43 141.64 -59.16 89.75 110.34 118.60 314.20
CDDH14001 6294.11 6850.43 141.64 -59.16 89.75 189.40 197.90 314.20
CDDH14001 6294.11 6850.43 141.64 -59.16 89.75 258.15 262.00 314.20
CDDH14002 6314.81 6900.14 140.75 -60.15 90.51 18.00 23.30 150.70
CDDH14002 6314.81 6900.14 140.75 -60.15 90.51 90.42 91.52 150.70
CDDH14002 6314.81 6900.14 140.75 -60.15 90.51 91.52 93.70 150.70
CDDH14002 6314.81 6900.14 140.75 -60.15 90.51 95.90 98.90 150.70
CDDH14002 6314.81 6900.14 140.75 -60.15 90.51 99.14 106.38 150.70
CDDH14003 6342.98 6950.19 140.46 -59.38 89.98 0.00 0.35 135.10
CDDH14003 6342.98 6950.19 140.46 -59.38 89.98 99.02 99.26 135.10
CDDH14004 6392.66 7050.16 152.20 -60.06 89.94 32.50 44.92 115.80
CDDH14004 6392.66 7050.16 152.20 -60.06 89.94 66.40 72.40 115.80
CDDH14004 6392.66 7050.16 152.20 -60.06 89.94 72.40 76.45 115.80
CDDH14005 6396.75 7100.15 153.15 -60.04 90.91 5.90 18.29 120.80
CDDH14005 6396.75 7100.15 153.15 -60.04 90.91 30.95 49.00 120.80
CDDH14005 6396.75 7100.15 153.15 -60.04 90.91 63.75 76.15 120.80
CDDH14005 6396.75 7100.15 153.15 -60.04 90.91 78.20 87.30 120.80
CDDH14005 6396.75 7100.15 153.15 -60.04 90.91 87.30 95.80 120.80
CDDH14006 6403.49 7150.27 153.73 -59.16 90.22 33.02 33.35 122.20
CDDH14006 6403.49 7150.27 153.73 -59.16 90.22 46.38 53.51 122.20
CDDH14006 6403.49 7150.27 153.73 -59.16 90.22 67.55 77.80 122.20
CDDH14006 6403.49 7150.27 153.73 -59.16 90.22 102.18 112.35 122.20
CP2018_01 6485.02 7204.29 166.17 -54.14 90.32 0.00 5.37 212.00
CP2018_01 6485.02 7204.29 166.17 -54.14 90.32 28.92 33.78 212.00

34a Alexander St, Burnie Tasmania 7320 Page 94 of 99

ANNUAL RESOURCE & RESERVE STATEMENT
DECEMBER 2022

Table 17 Centre Pit Combined Drill-hole Intersects as at 31 Dec 2020

Hole ID x y z dip azimuth Depth from Depth to Max depth
CP2018_02 6331.39 7398.26 132.22 -47.90 87.48 42.04 58.10 255.50
CP2018_02 6331.39 7398.26 132.22 -47.90 87.48 109.62 127.93 255.50
CP2018_02 6331.39 7398.26 132.22 -47.90 87.48 127.93 149.99 255.50
CP2018_02 6331.39 7398.26 132.22 -47.90 87.48 186.27 190.30 255.50
CP2018_02 6331.39 7398.26 132.22 -47.90 87.48 200.97 209.54 255.50
CP2018_02 6331.39 7398.26 132.22 -47.90 87.48 227.70 227.72 255.50
CP2018_02 6331.39 7398.26 132.22 -47.90 87.48 248.78 251.80 255.50
CP2018_03 6331.97 7242.69 136.59 -65.86 90.00 61.82 84.92 211.30
CP2018_03 6331.97 7242.69 136.59 -65.86 90.00 133.32 134.61 211.30
CP2018_03 6331.97 7242.69 136.59 -65.86 90.00 136.08 147.20 211.30
CP2018_03 6331.97 7242.69 136.59 -65.86 90.00 189.80 211.30 211.30
CP2018_04 6331.08 7243.70 136.53 -46.41 58.59 50.30 68.35 221.90
CP2018_04 6331.08 7243.70 136.53 -46.41 58.59 104.77 117.09 221.90
CP2018_04 6331.08 7243.70 136.53 -46.41 58.59 121.12 174.96 221.90
CP2018_04 6331.08 7243.70 136.53 -46.41 58.59 174.96 183.03 221.90
CP2018_05 6332.48 7401.90 132.07 -51.06 116.79 46.17 68.15 200.50
CP2018_05 6332.48 7401.90 132.07 -51.06 116.79 107.10 121.12 200.50
CP2018_05 6332.48 7401.90 132.07 -51.06 116.79 121.12 133.89 200.50
CP2018_05 6332.48 7401.90 132.07 -51.06 116.79 133.89 183.71 200.50
CP2018_06a 6327.72 7484.72 126.98 -63.13 67.57 47.66 50.09 150.30
CP2018_06a 6327.72 7484.72 126.98 -63.13 67.57 72.24 95.88 150.30
CP2018_06a 6327.72 7484.72 126.98 -63.13 67.57 117.29 122.95 150.30
CP2018_07 6329.62 7399.55 132.10 -68.10 90.23 67.69 110.80 132.50
CP2018_08a 6409.45 7359.83 152.61 -52.39 72.35 1.14 30.59 222.50
CP2018_08a 6409.45 7359.83 152.61 -52.39 72.35 88.51 96.42 222.50
CP2018_08a 6409.45 7359.83 152.61 -52.39 72.35 98.26 111.16 222.50
CP2018_08a 6409.45 7359.83 152.61 -52.39 72.35 121.97 130.92 222.50
CP2018_08a 6409.45 7359.83 152.61 -52.39 72.35 133.38 159.91 222.50
CP2018_08a 6409.45 7359.83 152.61 -52.39 72.35 160.92 167.33 222.50
CP2018_09a 6326.79 7486.01 126.93 -49.95 36.76 96.44 138.86 157.00
CP2018_12 6365.73 7856.44 110.32 -44.20 143.04 40.00 48.60 333.50
CP2018_12 6365.73 7856.44 110.32 -44.20 143.04 49.54 59.65 333.50
CP2018_12 6365.73 7856.44 110.32 -44.20 143.04 62.27 96.26 333.50
CP2018_12 6365.73 7856.44 110.32 -44.20 143.04 142.66 150.74 333.50
CP2018_12 6365.73 7856.44 110.32 -44.20 143.04 153.85 162.94 333.50
CP2018_12 6365.73 7856.44 110.32 -44.20 143.04 188.69 194.91 333.50
CP2018_12 6365.73 7856.44 110.32 -44.20 143.04 201.84 227.46 333.50
CP2018_12 6365.73 7856.44 110.32 -44.20 143.04 229.11 230.75 333.50
CP2018_12 6365.73 7856.44 110.32 -44.20 143.04 240.93 257.42 333.50
CP2018_12 6365.73 7856.44 110.32 -44.20 143.04 257.42 275.58 333.50
CP2018_12 6365.73 7856.44 110.32 -44.20 143.04 324.84 329.49 333.50

34a Alexander St, Burnie Tasmania 7320 Page 95 of 99

ANNUAL RESOURCE & RESERVE STATEMENT
DECEMBER 2022

Table 17 Centre Pit Combined Drill-hole Intersects as at 31 Dec 2020

Hole ID x y z dip azimuth Depth from Depth to Max depth
CP2018_13 6327.72 7484.72 126.98 -48.78 90.08 34.15 39.64 274.00
CP2018_13 6327.72 7484.72 126.98 -48.78 90.08 52.72 63.92 274.00
CP2018_13 6327.72 7484.72 126.98 -48.78 90.08 75.84 78.49 274.00
CP2018_13 6327.72 7484.72 126.98 -48.78 90.08 132.81 134.13 274.00
CP2018_13 6327.72 7484.72 126.98 -48.78 90.08 142.66 157.24 274.00
CP2018_13 6327.72 7484.72 126.98 -48.78 90.08 157.24 171.10 274.00
CP2018_13 6327.72 7484.72 126.98 -48.78 90.08 186.32 219.24 274.00
CP2018_13 6327.72 7484.72 126.98 -48.78 90.08 226.20 251.04 274.00
CP8877 6491.00 7699.00 129.00 -90.00 0.00 0.00 4.30 21.00
CP8877 6491.00 7699.00 129.00 -90.00 0.00 9.00 21.00 21.00
CP8879 6472.00 7696.00 127.00 -90.00 0.00 0.00 3.00 3.00
CP8880 6465.00 7677.00 127.00 -90.00 0.00 0.00 3.00 3.00
CP8881 6457.00 7653.00 127.00 -90.00 0.00 0.00 6.00 6.00
CP8883 6461.00 7627.00 127.00 -90.00 0.00 0.00 21.00 21.00
CP8884 6455.00 7628.00 127.00 -90.00 0.00 0.00 3.00 3.00
CP8885 6459.00 7612.00 127.00 -90.00 0.00 0.00 21.00 21.00
CP8886 6464.00 7657.00 128.00 -90.00 0.00 0.00 6.00 6.00
CP8887 6456.00 7591.00 127.00 -90.00 0.00 0.00 1.14 21.00
CP8887 6456.00 7591.00 127.00 -90.00 0.00 12.00 21.00 21.00
CP8888 6453.00 7572.00 127.00 -90.00 0.00 0.00 21.00 21.00
CP8889 6454.00 7541.00 129.00 -90.00 0.00 6.00 18.00 24.00
CP8890 6462.00 7512.00 129.00 -90.00 0.00 0.00 11.24 24.00
CP8890 6462.00 7512.00 129.00 -90.00 0.00 13.34 24.00 24.00
CP8891 6476.00 7518.00 128.00 -90.00 0.00 0.06 24.00 24.00
CP8892 6475.00 7541.00 129.00 -90.00 0.00 0.65 21.70 24.00
CP8892 6475.00 7541.00 129.00 -90.00 0.00 22.79 24.00 24.00
CP8893 6485.00 7460.00 128.00 -90.00 0.00 0.00 24.00 24.00
CP8894 6474.00 7481.00 129.00 -90.00 0.00 0.00 24.00 24.00
CP8895 6485.00 7502.00 128.00 -90.00 0.00 0.00 24.00 24.00
CP8896 6469.00 7500.00 129.00 -90.00 0.00 0.00 24.00 24.00
CP8897 6473.00 7678.00 128.00 -90.00 0.00 0.00 6.00 6.00
CP8898 6481.00 7699.00 128.00 -90.00 0.00 0.00 0.92 3.00
CPSTH1 6406.65 6997.93 159.25 -54.68 110.30 0.00 12.00 29.50
CPSTH2 6404.77 7012.28 157.21 -53.29 111.16 0.00 29.50 29.50
DH014 6660.00 7870.00 140.00 -60.00 274.00 258.50 268.80 469.70
DH014 6660.00 7870.00 140.00 -60.00 274.00 272.20 291.10 469.70
DH014 6660.00 7870.00 140.00 -60.00 274.00 307.50 349.00 469.70
DH014 6660.00 7870.00 140.00 -60.00 274.00 355.10 356.30 469.70
DH014 6660.00 7870.00 140.00 -60.00 274.00 368.80 417.60 469.70
DH018 6558.00 8042.00 155.40 -55.00 270.00 111.66 145.40 193.20
DH018 6558.00 8042.00 155.40 -55.00 270.00 160.16 169.80 193.20

34a Alexander St, Burnie Tasmania 7320 Page 96 of 99

ANNUAL RESOURCE & RESERVE STATEMENT
DECEMBER 2022

Table 17 Centre Pit Combined Drill-hole Intersects as at 31 Dec 2020

Hole ID x y z dip azimuth Depth from Depth to Max depth
DH018 6558.00 8042.00 155.40 -55.00 270.00 169.80 172.80 193.20
DH019 6552.00 8195.00 161.50 -60.00 270.00 20.62 77.61 150.00
DH019 6552.00 8195.00 161.50 -60.00 270.00 77.62 81.78 150.00
DH019 6552.00 8195.00 161.50 -60.00 270.00 83.67 84.30 150.00
DH019 6552.00 8195.00 161.50 -60.00 270.00 85.78 87.50 150.00
DH023 6252.00 6736.00 284.00 -46.00 270.00 0.00 32.35 90.50
DH023 6252.00 6736.00 284.00 -46.00 270.00 32.59 84.94 90.50
DH023 6252.00 6736.00 284.00 -46.00 270.00 88.40 90.50 90.50
DH039 6642.50 8187.00 143.75 -80.00 274.00 144.20 146.46 167.00
DH039B 6642.50 8187.00 143.80 -80.00 274.00 150.63 153.89 320.30
DH039B 6642.50 8187.00 143.80 -80.00 274.00 212.50 312.93 320.30
DH042 6725.00 7860.00 145.00 -80.00 270.30 539.50 555.80 697.80
DH042 6725.00 7860.00 145.00 -80.00 270.30 570.10 695.60 697.80
DH048 6577.00 8341.50 195.10 -60.00 274.00 73.80 88.38 101.50
GT001 6355.28 7940.68 111.75 -43.50 270.00 0.00 14.69 161.34
ND049 6490.70 8019.90 179.00 -45.00 270.00 28.35 37.81 136.00
ND049 6490.70 8019.90 179.00 -45.00 270.00 44.16 59.69 136.00
ND049 6490.70 8019.90 179.00 -45.00 270.00 61.83 98.00 136.00
ND049 6490.70 8019.90 179.00 -45.00 270.00 102.90 119.65 136.00
ND066 6463.32 7928.74 154.71 -43.00 267.92 13.53 67.90 127.00
ND066 6463.32 7928.74 154.71 -43.00 267.92 67.90 90.48 127.00
ND067 6412.17 7990.06 154.96 -51.00 89.30 0.00 0.91 151.50
ND067 6412.17 7990.06 154.96 -51.00 89.30 22.60 48.19 151.50
ND067 6412.17 7990.06 154.96 -51.00 89.30 53.36 75.64 151.50
ND067 6412.17 7990.06 154.96 -51.00 89.30 75.64 77.70 151.50
ND067 6412.17 7990.06 154.96 -51.00 89.30 122.30 128.30 151.50
ND068 6530.80 8089.56 146.52 -45.00 269.10 58.81 61.80 197.00
ND068 6530.80 8089.56 146.52 -45.00 269.10 61.80 84.30 197.00
ND068 6530.80 8089.56 146.52 -45.00 269.10 87.10 94.05 197.00
ND068 6530.80 8089.56 146.52 -45.00 269.10 94.05 98.09 197.00
ND068 6530.80 8089.56 146.52 -45.00 269.10 131.80 133.80 197.00
ND068 6530.80 8089.56 146.52 -45.00 269.10 145.80 148.60 197.00
ND069 6539.71 8141.51 146.47 -47.00 269.50 50.60 68.80 139.00
ND069 6539.71 8141.51 146.47 -47.00 269.50 77.57 78.03 139.00
ND069 6539.71 8141.51 146.47 -47.00 269.50 78.03 78.09 139.00
ND069 6539.71 8141.51 146.47 -47.00 269.50 78.09 93.80 139.00
ND070 6514.60 8239.37 153.19 -45.00 88.22 4.00 45.70 163.00
ND070 6514.60 8239.37 153.19 -45.00 88.22 46.34 52.31 163.00
ND070 6514.60 8239.37 153.19 -45.00 88.22 85.50 93.50 163.00
ND074 6510.74 8297.89 157.00 -45.00 87.91 0.00 13.80 148.50
ND074 6510.74 8297.89 157.00 -45.00 87.91 19.00 46.60 148.50

34a Alexander St, Burnie Tasmania 7320 Page 97 of 99

ANNUAL RESOURCE & RESERVE STATEMENT
DECEMBER 2022

Table 17 Centre Pit Combined Drill-hole Intersects as at 31 Dec 2020

Hole ID x y z dip azimuth Depth from Depth to Max depth
ND078 6440.30 8141.70 139.20 -45.00 91.98 29.29 61.51 151.00
ND078 6440.30 8141.70 139.20 -45.00 91.98 61.55 61.57 151.00
ND078 6440.30 8141.70 139.20 -45.00 91.98 69.40 108.83 151.00
ND078 6440.30 8141.70 139.20 -45.00 91.98 115.80 138.70 151.00
ND078 6440.30 8141.70 139.20 -45.00 91.98 140.28 142.40 151.00
ND079 6477.70 8087.70 125.80 -37.00 270.35 0.00 12.30 91.60
ND079 6477.70 8087.70 125.80 -37.00 270.35 21.60 29.37 91.60
ND079 6477.70 8087.70 125.80 -37.00 270.35 40.10 51.30 91.60
ND079 6477.70 8087.70 125.80 -37.00 270.35 58.60 71.30 91.60
ND093 6618.40 8348.80 163.90 -38.00 270.00 99.96 106.92 200.00
ND095 6519.90 8440.40 168.80 -40.00 90.00 79.27 85.90 177.50
NP026 6444.00 8040.00 203.10 -90.00 0.00 54.00 75.00 75.00
NP027 6425.00 7990.00 210.20 -90.00 0.00 9.00 32.92 90.00
NP027 6425.00 7990.00 210.20 -90.00 0.00 36.01 57.00 90.00
NP028 6463.00 7993.00 185.40 -90.00 0.00 0.00 12.00 81.00
NP028 6463.00 7993.00 185.40 -90.00 0.00 21.00 81.00 81.00
NP030 6520.00 8189.00 159.70 -90.00 0.00 0.00 39.00 39.00
NP031 6424.00 7894.00 167.80 -90.00 0.00 0.00 36.00 36.00
NP032 6487.00 7990.00 166.20 -60.00 270.00 0.00 12.00 60.00
NP032 6487.00 7990.00 166.20 -60.00 270.00 30.00 51.94 60.00
NP032 6487.00 7990.00 166.20 -60.00 270.00 51.94 60.00 60.00
NP033 6451.00 7891.00 150.80 -90.00 0.00 0.00 27.00 27.00
SL001 6404.00 7989.90 215.40 -60.00 270.00 0.00 24.00 24.00
SL002 6400.00 7940.00 199.00 -60.00 270.00 4.00 15.00 70.00
SL003 6381.70 8029.70 183.10 -60.00 90.00 22.23 39.09 70.00
SL004 6353.40 7893.70 174.50 -60.00 270.00 9.00 43.00 43.00
SL005 6378.50 7888.10 172.90 -60.00 90.00 16.00 65.00 65.00
SL006 6450.20 7891.30 151.60 -60.00 270.00 0.00 1.98 30.00
SL006 6450.20 7891.30 151.60 -60.00 270.00 23.00 30.00 30.00
SL007 6466.20 7947.50 166.00 -40.00 270.00 23.00 34.00 34.00
SL009 6549.70 7939.80 110.00 0.00 270.00 50.00 75.00 163.00
SL009 6549.70 7939.80 110.00 0.00 270.00 75.00 92.91 163.00
SL009 6549.70 7939.80 110.00 0.00 270.00 101.50 103.53 163.00
SL009 6549.70 7939.80 110.00 0.00 270.00 115.05 133.28 163.00
SL009 6549.70 7939.80 110.00 0.00 270.00 142.47 151.89 163.00
SL010 6523.10 7890.80 107.10 0.00 270.00 29.00 43.78 124.00
SL010 6523.10 7890.80 107.10 0.00 270.00 43.78 44.00 124.00
SL010 6523.10 7890.80 107.10 0.00 270.00 44.00 59.00 124.00
SL010 6523.10 7890.80 107.10 0.00 270.00 89.00 95.00 124.00
SL010 6523.10 7890.80 107.10 0.00 270.00 95.00 119.00 124.00
SL010 6523.10 7890.80 107.10 0.00 270.00 119.00 124.00 124.00

34a Alexander St, Burnie Tasmania 7320 Page 98 of 99

ANNUAL RESOURCE & RESERVE STATEMENT
DECEMBER 2022

Table 17 Centre Pit Combined Drill-hole Intersects as at 31 Dec 2020

Hole ID x y z dip azimuth Depth from Depth to Max depth
SL012 6508.90 8090.60 167.70 -20.00 270.00 18.00 39.00 71.00
SL012 6508.90 8090.60 167.70 -20.00 270.00 39.00 51.00 71.00
SL012 6508.90 8090.60 167.70 -20.00 270.00 51.58 51.68 71.00
SL012 6508.90 8090.60 167.70 -20.00 270.00 51.68 63.00 71.00
SL013 6505.80 7990.10 161.60 -60.00 270.00 0.00 5.00 78.00
SL013 6505.80 7990.10 161.60 -60.00 270.00 61.00 70.00 78.00
SLP07001 6438.15 7823.13 110.06 -72.00 73.00 0.00 1.27 18.00
SLP07002 6427.14 7816.89 111.25 -70.00 77.00 0.00 2.63 18.00
SLP07002 6427.14 7816.89 111.25 -70.00 77.00 2.63 3.59 18.00
SLP07002 6427.14 7816.89 111.25 -70.00 77.00 3.59 17.29 18.00
SLP07004 6402.69 7810.45 111.26 -73.00 94.00 0.00 18.00 18.00
SLP07005 6383.30 7807.47 111.84 -73.00 100.00 4.00 16.18 18.00

34a Alexander St, Burnie Tasmania 7320 Page 99 of 99