Australian Rare Earths

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High-grade mineralisation intersected includes:

o KM5412, 4m @ 2,020 ppm Total Rare Earth Oxide (TREO) from 5m, with 17.6% combined Neodymium/ Praseodymium (Nd/Pr) and 2.2 % Dysprosium (Dy)

o KM5580, 2m @ 1,798 ppm TREO from 7m, with 20.2% combined Nd/Pr and 2.4% Dy

o KM5596, 3m @ 1,409 ppm TREO from 10m, with 16.7% combined Nd/Pr and 2.6% Dy

o KM5441, 3m @ 1,152 ppm TREO from 2m, with 18.7% combined Nd/Pr and 1.6% Dy

o KM5510, 2m @ 1,070 ppm TREO from 4m, with 21.7% combined Nd/Pr and 3.7% Dy

o KM5392, 4m @ 902 ppm TREO from 8m, with 22.7% combined Nd/Pr and 1.9% Dy

· Updated Mineral Resource and Exploration Target planned for Q3 2024.

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