Reserve Statement

Resource Geology

Avonbank is hosted by marine sands, interpreted to have been laid down in a lower energy, near shore setting. The ore body is approximately 8km in strike length by 4km cross strike and is very well defined by over 1,000 drill holes completed by WIM.

JORC Compliant Reserve Statement

A Total Ore Reserve of 311.8 million tonnes @ 4.3% THM, including 220.4Mt @ 4.4% THM at the proven level of classification. The Reserve Estimate was completed in conjunction with leading industry experts, Optiro Pty Ltd.

Resource definition drilling – Avonbank Project ore body

Test pit – confirmatory ore body studies

Test pit – high-grade core zircon belt

Resource definition drilling