Overland drilling identifies roll front uranium signature

Highlights:

• Uranium “roll front” signature identified: A permeable sand package near the base of the sedimentary sequence shows a uranium roll front gamma signature in oxidised sands, providing immediate follow-up targets.

• Drilling reveals ideal setting for sedimentary hosted uranium: A narrow zone of permeable sediments, deposited in a basement low within sinuous basement topography creates optimal conditions for ISR amenable uranium deposition.

• Highest gamma responses and pXRF U readings[1]to date: The location of this recent drilling location has yielded the highest gamma peaks and pXRF U responses yet observed at the Overland Project.

• Key targets identified: Drilling has revealed two significant findings: a permeable sedimentary package showing gamma responses indicating uranium-bearing groundwater movement, and a setting against the western margin of the palaeovalley ideal for uranium deposition within these sands.

• Drill program to resume July 2025: Initial follow-up of roll front target, followed by systematic testing of high-priority targets across the extensive 4,800km2 tenure position.