AR3 Advances Uranium Exploration with Triggs Bore

Highlights:

• Exploration License Application: South Australian Exploration License Application (ELA) 2024/00044 has been submitted, covering ~250km2 of prospective tenure targeting uranium mineralisation within the Callabonna Sub-basin.

• Untested Uranium Potential: The ELA includes the Triggs Prospect, where indications of uranium mineralisation were discovered in 2011 by a previous explorer but remain untested.

• Eyre Formation Sediments: Indications of uranium mineralisation at Triggs Bore are hosted within the Eyre Formation sediments, a known uranium-bearing formation that also hosts the nearby Four Mile and Honeymoon uranium deposits.

• Brownfieds Exploration: Triggs Bore prospect is a brownfields exploration target with drill-ready follow-up uranium targets.

• Fast-tracked Exploration: The intention is that exploration will be expedited once the EL is granted, with planning for work programs already underway.