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Coffee with Samso Episode 154 is with Brad Valiukas, Managing Director of Aurumin Limited (ASX: AUN) Aurumin Limited (ASX:AUN) listed on the Australian Stock Exchange (ASX) and has been developing the Sandstone project since the last time we had a Coffee in January 2022. When we last spoke to Brad Valiukas, they had just acquired the project. The strategy was to do more drilling to build a better database of the project. During this time, Aurumin has made a lot of progress with four drilling programs with extensive intersections of gold mineralisation. Drilling results: 11/07/2022 - 344.00m @ 1.29 g/t Au 11/08/2022 - 224.00m @ 1.50 g/t Au 05/09/2022 - 352.80m @ 1.50 g/t Au 12/09/2022 - 242.70m @ 1.20 g/t Au Looking at these drill holes, I see some hidden points about the grades which will be carried in the upcoming resource model. The entire length may appear to only have a slightly higher grade than the resource, but there are much better numbers within the intersection. To have an average of 1.5 g/t Au, you will definitely see much greater numbers within the length of the hole. One also needs to understand that the potential higher grades within the holes will also allow the flexibility of changing the style of mining. I see the potential of Sandstone as a matter of when, and not if, it will be positive. The geology will create opportunities and the recent drilling is a clear indication that my assumptions are not too far off the mark. Another important point to consider is the potential lack of motivation of neighbouring deposits to go to mining. If this were the case, Aurumin could consolidate their inventory and that would work perfectly for the model. Chapters: 00:00 Start 00:20 Introduction 01:08 Updates from Brad. 01:40 Discussion about the data points. 03:44 Discussion about the intercepts. 06:10 Potential and mineralization in Two Mile Hill. 07:44 What was the motivation in chasing the tenement? 09:46 The Sandstone Province. 11:59 What do we need to know about the new package? 13:02 Johnson Range. 14:09 What is happening in Southern Cross? 14:57 The market going forward. 15:39 News flow. 16:37 Why Aurumin? 17:32 Conclusion PODCAST This is a good time to download the first Ebook (FREE) from Samso as it is all about VMS (Volcanogenic Massive Sulfides). About Brad Valiukas - Managing Director BEng (Mining), GradCert (Econ), Member AusIMM Mining Engineer and experienced executive with over 20 years operational, management and executive experience covering underground and open pit operations across multiple commodities around Australia and internationally. Brad's most recent position is that of Manager – Technical Services for Northern Star Resources. He was previously COO at Focus Minerals, COO at ABM Resources and held senior roles at Mincor Resources. About Aurumin Limited (ASX: AUN) Aurumin Limited (ACN 639 427 099) (Aurumin or Company) is an Australian company incorporated on 28 February 2020 in Western Australia as a mineral exploration company to allow the reorganisation of projects held by Aurumin Mt Dimer Pty Ltd (formerly Acertim Resources Pty Ltd) (Aurumin Mt Dimer). In particular, the Company was established to enable the restructure of the Mt Dimer, Mt Palmer and Johnson Range projects into separate project entities and further consolidate additional tenements, and to progress these gold exploration projects in the Southern Cross and Kalgoorlie regions. Since incorporation, the Company has acquired 100% legal and beneficial ownership of Aurumin Mt Dimer and Aurumin Mt Palmer Pty Ltd (formerly Mt Palmer Gold Pty Ltd), and has entered into a further 3 tenement acquisition agreements and applied for further tenements such that it now has an interest in 29 tenements across 4 projects. Disclaimer The information or opinions provided herein do not constitute investment advice, an offer or solicitation to subscribe for, purchase or sell the investment product(s) mentioned herein. It does not take into consideration, nor have any regard to your specific investment objectives, financial situation, risk profile, tax position and particular, or unique needs and constraints. Read full Disclaimer. Share to Grow: Your Bonus Samso has released an eBook: How to Add Value to your Share Portfolio A lesson on geological models sought by mining companies that gives insight and an understanding of which portfolios are better - and potentially more lucrative – investments. Click here to download this eBook. If you find this article informative and useful, please help me share the information. I try and write about topics that are interesting and have the potential to be of investment value. It is not easy to find stories that fit those parameters. If you or your organisation see the benefit of what Samso is trying to achieve and have a need to share your journey, please contact me on noel.ong@samso.com.au. About Samso Samso ASX stories are also through the Brilliant-Online channels. Subscribe to Brilliant Investments.

Coffee with Samso Episode 151 is with David Riekie, Executive Director - Adavale Resources Limited (ASX: ADD) Focusing on a discovery in the East African Nickel Belt. David Riekie, the Executive Director of Adavale Resources brings us the latest activities with the company. The company is currently completing a fund raising exercise and it gives current shareholders a great opportunity to participate. There appears to be a lot of exploration activities happening in the coming months. David gives us a breakdown on what is happening with Adavale as they move into another period of exploration activities. As the company moves into the next phase of exploration, David explains why the East African Nickel Belt is important, and why Adavale will be benefiting from the lack of historical exploration. As I decipher the conversation, I feel that Adavale is benefiting from a dominant land holding in this nickel belt. There are not too many stories where a small cap company is holding this position. The nearest analogy for me is when the Yamarna Greenstone Belt was predominantly controlled by Gold Road Resources Limited. They held a similar dominant position like Adavale. That land holding has now allowed the company to be the owner of over 9M ounces of gold. Previous Videos with Adavale Resources Limited Chapters: 00:00 Start 00:20 Introduction 01:05 Updates about fundraising. 02:45 Follow up on plans from previous discussion. 04:45 Explanation on conceptual model of EM signatures in Kabanga. 08:39 Interpreting the images from the presentation. 11:56 Is the East African Nickel Belt a belt worth looking at? 14:42 Comments on BHP investing in the Kabanga project. 17:34 Thoughts on comparison to Gold Road. 19:32 Is this the start of a consolidation period of producers in the base metals space? 23:03 Comments on being in a belt that is not well explored. 26:11 Thoughts on the Nickel market. 30:18 News flow for Adavale. 32:03 Prediction on discovery holes. 34:02 Why Adavale? 36:13 Conclusions PODCAST Reference : Evans, D.M. & Hunt, Jp & Simmonds, John. (2016). An Overview of Nickel Mineralisation in Africa with Emphasis on the Mesoproterozoic East African Nickel Belt (EANB). Episodes. 39. 319-333. 10.18814/epiiugs/2016/v39i2/95780. Download this eBook This is a good time to download the first Ebook (FREE) from Samso as it is all about VMS (Volcanogenic Massive Sulfides). About David Riekie Executive Director David is an experienced director in the capacity of both Executive and Non-Executive roles of ASX listed companies. His career has spanned multiple continents. Within Africa Namibia, Tanzania, Eritrea, South Africa, DRC and Mozambique are notable. He has overseen exploration and resource development, scoping and feasibility studies, production optimisation, stakeholder engagement, acquisition programs and expansion initiatives. David most recently has served on the Boards of remote power generation and energy solutions specialist Zenith Energy Limited (ASX: ZEN) and independent uranium producer Paladin Energy Limited (ASX: PDN). David also served as interim CEO to Poseidon Nickel Limited (ASX: POS). David holds a Bachelor of Economics and a Graduate Diploma of Accounting from Flinders University and has been a member of the Australian Institute of Chartered Accountants since 1986. About Adavale Resources Limited (ASX: ADD) Adavale Resources Limited (ADD) holds 100% of the Kabanga Jirani Nickel Project (“the Project”) consisting of six granted licences and one application covering nearly 1145km2. These licences are adjacent and along strike from the world’s largest undeveloped nickel sulphide resource, namely The Kabanga Deposit which contains a measured, indicated and inferred resource of 58Mt @ 2.62% Ni (Barrick and Glencore, 2014). The ADD licences are located along a trend of mafic/ultramafic intrusions known as the Kabanga Musongati belt and contain Nickel Sulphide ores and PGE concentrations. Project 1 – Nickel – Kabanga Jirani Nickel Project, Tanzania Adavale Resources Limited also holds 100% of the Lake Surprise Project with three exploration tenements covering nearly 396 km2 within part of the highly prospective sedimentary uranium province within the northern part of the Lake Frome Embayment. These tenements lie within a flat, semi-arid landscape located just to the north of the Flinders Range in South Australia. These include EL 5892 comprising 92km2 , EL 5893 comprising 167km2 and EL 5644 of 137km2. These are known as the: Jubilee Prospect Mookwarinna Prospect Canegrass Swamp Prospect Project 2 – Uranium – Lake Surprise, South Australia The Lake Surprise Project Area is located in South Australia, 550km north of Adelaide, and 70km East of Marree. The company holds 3 tenements, EL5892, EL5893, and EL5644 with a total area of 396 km2. Adavale explored the original tenements in this area between 2007 and 2011 with 486 holes drilled in that period. Disclaimer The information or opinions provided herein do not constitute investment advice, an offer or solicitation to subscribe for, purchase or sell the investment product(s) mentioned herein. It does not take into consideration, nor have any regard to your specific investment objectives, financial situation, risk profile, tax position and particular, or unique needs and constraints. Read full Disclaimer. About Samso Keep us informed too! Please let us know your thoughts and send us any comments to info@samso.com.au. Remember to Subscribe to our YouTube Channel, Samso Media and our mail list to stay informed and make comments where appropriate. Other than that, you can also give us a Review on Google. Samso-Brilliant Distribution Partnership Powerful Advertising opportunities for Samso’s ASX and private business clients. The Brilliant-Online partnership is an opportunity to reach new and wider audiences in a fresh, appealing format to pique and retain investor interest. Contact Veronica directly for your special Samso-Brilliant advertising rate. Read Brilliant Investments

Coffee with Samso Episode 135 is with Matthew Boyes, Managing Director of Red Dirt Metals Limited (ASX: RDT). I first spoke to Matthew Boyes, Managing Director of Red Dirt Metals Limited (ASX: RDT) in May 2021 when the company was known then as TNT Mines Limited. That was the first Coffee with Samso for Matthew and we spoke about the direction of the company then. Check out the Coffee with Samso: The Remaking of the Eureka Gold Mine - TNT Mines Limited (ASX: TIN) - Episode 86 Since the acquisition of the Mt Ida project in September 2021 (Mt Ida Acquisition, Capital Raise and Presentation), the company has rebranded themselves and is now on the greater path of developing a Lithium project. The company completed the transaction on 24th September 2021 (Completion of Mt Ida Acquisition). In this episode of Coffee with Samso, Matthew gives us an insight into the story of Mt. Ida. The movement in share price and hence, market capitalisation has been remarkable. However, at the moment of writing this, the value of AUD212M according to Matthew, seems to be undervalued. The project brings back recollection of the Mt Holland story, but time will tell if the Mt. Ida lithium story will bring similar fortunes for shareholders of Red Dirt Metal. Chapters: 00:00 Start 00:20 Introduction 01:07 The Mt Ida Story 05:28 What kind of grade does hard rock lithium project need in relation to Red Dirt? 08:36 Advantages of drilling for pegmatites. 10:19 How much of the project has been drilled? 12:22 Can you see consistencies in the geology of the pegmatites? 14:01 What should people look for to understand the Red Dirt Story? 15:32 Explaining the significance of LCT pegmatites. 17:22 Are the proportions of LCT positive or negative? 19:02 What could throw a spanner in the works? 20:21 Is there a type deposit happening in the Lithium industry? 22:32 How does Matthew take this Lithium market? 24:06 Is there such a term as a good or bad lithium project? 25:51 How should investors temper their expectations on the Red Dirt Story? 27:21 The lack of information is mutual. 28:21 Mt Ida is a Gold project too. 31:19 How does the gold sit spatially to the lithium? 32:56 Where does the Gold project sit on the list of things to do? 33:43 News flow. 35:16 What are the brokers saying about RDT? 36:04 How big can Mt Ida be? What is your pitch to Investors out there? 37:36 Samso's thoughts. 38:10 Conclusions PODCAST This is a good time to download the first Ebook (FREE) from Samso as it is all about VMS (Volcanogenic Massive Sulfides). About Matthew Boyes - Managing Director Mr Boyes is a qualified Geologist and Fellow of the Australasian Institute of Mining and Metallurgy with 25 years industry experience with a strong background in minerals resources, project development, construction and operations management. Mr Boyes has recently served as COO for AIM listed Patagonia Gold successfully overseeing the development and construction of two standalone Gold-Silver heap leach projects in southern Argentina. Mr Boyes has significant experience in product evaluations and financing with a focus on the junior market sector. About Red Dirt Metals Limited (ASX: RDT) Red Dirt is focused on the development and evaluation of underexplored brownfields exploration assets in Western Australia. Mt Ida Gold Pty Ltd is the holding company of the Mt Ida Gold Project, comprising 19 tenements in the historical Mt Ida gold mining district, located approximately 100km north-west of Menzies in the WA goldfields. The project tenements cover an area of 155km2 and include the historic Timoni Gold Mine and others, which have produced greater than 300,000 oz gold at 17.2 g/t head grade. Highlights: Acquired from Ora Banda Mining in September 2021 for $11M cash A current gold resource of 318,000 t @13.8g/t gold for 141koz calculated under the JORC 2004 guidelines Evidence of occurrences of Lithium-bearing pegmatites with Tantalum Exploration activities to commence immediately October 2021 The Mt Ida project has total resources of 318,000 t @13.8g/t of gold for 141koz, Indicated resources total 136,000t @ 18.6 g/t gold for 81koz with 182,000t @ 10.3 g/t gold for 60koz in Inferred category. All resource currently stated at Mt Ida are calculated under the JORC 2004 guidelines with no material change to the existing resources since estimation. Lithium Review: Whilst undertaking the technical due diligence of the Mt Ida Project, it was noted that multiple high-grade lithium intervals had been intersected within pegmatite bodies on the western contact of the main Mt Ida granite intrusive, known as the Copperfield Granite. Initial investigations from available data shows pegmatite outcropping in 5 separate locations proximal to the main granitic intrusive, and along the contact with the western bounding mafic amphibolite units which host the high-grade Mt Ida gold copper lodes. A preliminary target corridor has been interpreted and extends for up to 5 km in strike from the most southern-identified outcrop parallel to the granite and north into the Company’s adjacent exploration tenement, with potential to extend further in both directions. Of significance is that no historic exploration has been carried out with the intention of targeting these Lithium bearing pegmatite intrusives. This opens up large areas on both the eastern and western limbs of the granitic intrusive contacts for future exploration and will complement the Company’s aggressive gold/copper exploration program at the Mt Ida Project. Disclaimer The information or opinions provided herein do not constitute investment advice, an offer or solicitation to subscribe for, purchase or sell the investment product(s) mentioned herein. It does not take into consideration, nor have any regard to your specific investment objectives, financial situation, risk profile, tax position and particular, or unique needs and constraints. Read full Disclaimer. About Samso Keep us informed too! Please let us know your thoughts and send us any comments to info@samso.com.au. Remember to Subscribe to our YouTube Channel, Samso Media and our mail list to stay informed and make comments where appropriate. Other than that, you can also give us a Review on Google.

Samso on Mining HQ Podcasts Ep.17 - start 25:53 In a world dominated by social media, what can companies in the mineral sector do? As an industry that is not exactly 'fancy' or visually pleasing, it means that companies have to do things differently. It is vital to be visible, and if a company wants to showcase their story, they have to get out there. As well as gain and maintain engagement. Noel shares ideas on how mineral resource companies can navigate their way through the world of social media. Go to 25:53 Or go to 25:53 - https://open.spotify.com/episode/48ZpfJADj5JFObSBXAxeqG Radio Interviews with Mining HQ reaching out to 100,000 audiences per broadcast Noel Ong of Samso and Chris LeMesurier of 1055 TripleM speak fortnightly on Mining HQ about Mineral Exploration, Commodities and Mineral Resources. For the investors: Our interviews with Mining HQ includes topics to help you make good investment decisions. We also share Stock Picks, Stocks to Watch and Weekly Summaries. For Samso's clients: This is an additional opportunity for you to engage with investors directly. Samso works with a number of Media Partners like MiningHQ and Brilliant-Online to widen your reach. Contact Samso

Coffee with Samso Episode 155 is with Matthew Boyes, Managing Director of Red Dirt Metals Limited (ASX: RDT). This is an episode where we are potentially looking at the makings of a major lithium miner as Matthew Boyes talks about the acquisition of the Yinnetharra Lithium project. I see this move by Red Dirt as an expansion to make them the lithium version of Northern Star Resources Limited. The analogy I am trying to make is to highlight that Red Dirt is making strategic moves to expand the company from its Mt Ida project. The lithium sector may not be as numerous as the gold sector which makes this acquisition even more important and valuable to shareholders of the company. Check out our Coffee with Samso: The Remaking of the Eureka Gold Mine - TNT Mines Limited (ASX: TIN) - Episode 86 Check out our Rooster Talk: Red Dirt Metals Limited (ASX:RDT) - Mt Ida - A Lithium and Gold Mine. Since the acquisition of the Mt Ida project in September 2021 (Mt Ida Acquisition, Capital Raise and Presentation), the company is fast becoming a major player in this lucrative sector. The company completed the transaction on 24th September 2021 (Completion of Mt Ida Acquisition). There are not too many aspiring lithium miners at this stage. Liontown Resources Limited (ASX: LTR) will get to the stage first. Red Dirt is probably 2.5 years from that stage according to Matthew. At this moment, the difference I see in potential is that if Yinnetharra is as promising as Red Dirt thinks, this would make the company stand out from the crowd. The other aspect of Red Dirt is the gold potential. I know that this is not valued at the moment. There is also some way before we can figure out if this will become a credit or not, in terms of the mining process. However, if that is sorted out, the credit input at the mining stage could make Mt Ida the cheapest lithium miner in the world. For those investors who have been around for a long time, they will know very well that the credit input factor is a game changer. Take some time, listen to the episode and use the information as part of your DYOR process. Chapters: 00:00 Start 00:20 Introduction 01:27 Background about the new acquisition. 04:39 Are Mt. Ida and Yinnetharra similar? 06:12 How is the drilling at Yinnetharra? 08:26 Fund raising. 09:33 Ground access. 10:36 What is the attraction of the project? 11:24 What is happening at Mt Ida? 16:41 David Flanagan joining the board. 19:37 Potentials in Mt Ida. 21:14 Mt Ida exploration news. 22:00 Possibility of gold. 26:48 News flow. 27:35 Why RDT? 28:37 Lithium version of Northern Star. 30:23 Conclusion PODCAST This is a good time to download the first Ebook (FREE) from Samso as it is all about VMS (Volcanogenic Massive Sulfides). About Matthew Boyes - Managing Director Mr Boyes is a qualified Geologist and Fellow of the Australasian Institute of Mining and Metallurgy with 25 years industry experience with a strong background in minerals resources, project development, construction and operations management. Mr Boyes has recently served as COO for AIM listed Patagonia Gold successfully overseeing the development and construction of two standalone Gold-Silver heap leach projects in southern Argentina. Mr Boyes has significant experience in product evaluations and financing with a focus on the junior market sector. About Red Dirt Metals Limited (ASX: RDT) Red Dirt is focused on the development and evaluation of underexplored brownfields exploration assets in Western Australia. Mt Ida Gold Pty Ltd is the holding company of the Mt Ida Gold Project, comprising 19 tenements in the historical Mt Ida gold mining district, located approximately 100km north-west of Menzies in the WA goldfields. The project tenements cover an area of 155km2 and include the historic Timoni Gold Mine and others, which have produced greater than 300,000 oz gold at 17.2 g/t head grade. Highlights: Acquired from Ora Banda Mining in September 2021 for $11M cash A current gold resource of 318,000 t @13.8g/t gold for 141koz calculated under the JORC 2004 guidelines Evidence of occurrences of Lithium-bearing pegmatites with Tantalum Exploration activities to commence immediately October 2021 The Mt Ida project has total resources of 318,000 t @13.8g/t of gold for 141koz, Indicated resources total 136,000t @ 18.6 g/t gold for 81koz with 182,000t @ 10.3 g/t gold for 60koz in Inferred category. All resource currently stated at Mt Ida are calculated under the JORC 2004 guidelines with no material change to the existing resources since estimation. Lithium Review: Whilst undertaking the technical due diligence of the Mt Ida Project, it was noted that multiple high-grade lithium intervals had been intersected within pegmatite bodies on the western contact of the main Mt Ida granite intrusive, known as the Copperfield Granite. Initial investigations from available data shows pegmatite outcropping in 5 separate locations proximal to the main granitic intrusive, and along the contact with the western bounding mafic amphibolite units which host the high-grade Mt Ida gold copper lodes. A preliminary target corridor has been interpreted and extends for up to 5 km in strike from the most southern-identified outcrop parallel to the granite and north into the Company’s adjacent exploration tenement, with potential to extend further in both directions. Of significance is that no historic exploration has been carried out with the intention of targeting these Lithium bearing pegmatite intrusives. This opens up large areas on both the eastern and western limbs of the granitic intrusive contacts for future exploration and will complement the Company’s aggressive gold/copper exploration program at the Mt Ida Project. Disclaimer The information or opinions provided herein do not constitute investment advice, an offer or solicitation to subscribe for, purchase or sell the investment product(s) mentioned herein. It does not take into consideration, nor have any regard to your specific investment objectives, financial situation, risk profile, tax position and particular, or unique needs and constraints. Read full Disclaimer. About Samso Keep us informed too! Please let us know your thoughts and send us any comments to info@samso.com.au. Remember to Subscribe to our YouTube Channel, Samso Media and our mail list to stay informed and make comments where appropriate. Other than that, you can also give us a Review on Google.

In this episode of Coffee with Samso 177, we have Mike Bohm, the Chair, and David Groombridge, CEO of Riedel Resources Limited (ASX: RIE) sharing with us the 2023 version of the Riedel Resources story. The last time we spoke to Riedel Resources was in 2021. In early 2021, I came across the Kingman project when Riedel Resources announced the high grade nature of the project. Listen to our coffee conversation with Mike Bohm and David Groombridge here: The Riedel Resources Limited (ASX: RIE) story so far Riedel Resources is one of those companies that on initial assessment, I was instantly attracted to the geology. As I mentioned, when I first saw the maiden drilling results, I felt that this was something to keep an eye on. As an exploration geologist, what is there not to like? The project area (Figure 1) is reminiscence of the Kalgoorlie goldfields. You will hear Mike and David talk about the fact that if the Kingman project was in Australia, it would have been drilled. It is important to appreciate these words as the easy pickings of the goldfields are all gone. There are no more easy discoveries, but places like the Kingman project have not had the attention and it's like a time warp event. The recent announcement to target a maiden resource for Kingman will go far in maturing the project. This will be the first steps to identifying an economic statement which, according to Mike and David, a toll treating mining solution. What is in the "Potential" basket for the Kingman Project? To look at what else is in the package, I think the best thing is to have a look at an image that was released way back in May 2021 (Figure 2). The geophysical images tell us that there seems to be some magnetic highs which taken with the understanding of the area is significant. There is a known porphyry within 6km from the project. What we know about porphyry is that they occur in clusters and are highly variable in mineralisation. The existence of base metals at Kingman makes me think that there could be a VMS system (Volcanic Massive Sulphide) lurking within the project. (Source RIE Annoucnement May 2021) When you look at Figure 2, you cannot help but think that there is a lot of cooking mechanisms working in this area. In May 2021, I wrote a Samso Insight which highlighted the regional perspectivity of the area. This Samso Insight brings out why I think this whole region is very prospective. New World Resources Limited (ASX: NWC) has a very high grade VMS project to the south of Kingman. I think it is about 100km south east of Kingman. When I speak to the company for their Coffee with Samso, they speak of the same potential of the region. It is important to have a read of the Samso Insight as that will give you a good understanding of why people like me believe in this region. Samso's Conclusion The most important part of the whole Riedel Resource story is the potential nature of the technical part of the project and Mike Bohm. We have covered the technical part of the project above and I am pretty sure most readers get my point. Why do I say Mike Bohm? He is a proven performer. I have known Mike since 1993 at Ashton Mining. I have never worked with him but talking to him and observing what he was doing, he has always struck me as a no nonsense person who is the consummate professional. Today, working with him, I can see that coming through. Mike is a mining engineer and he was on the Board of Argyle Diamond Mine. I suspected that he had that role because Argyle was all about mining. The Board of Ashton Mining Limited would probably have wanted someone there that knows a thing or two about mining to represent them on the Board of Argyle Diamond Mines. If you look at the companies that Mike has been involved with, you will realise that this is not a man that talks in riddles. He does what he says and his stature on the ASX level is one I am sure he does not want to tarnish. He has worked with major mining companies and he understands what will work and what is a pipe dream. Hence, when Mike says that when they prove up the resource for Kingman and they can truck this to a toll treatment facility, you feel safe that this has been calculated. In all my conversations with companies, I have always stated that the two most important components in your research are technical merits and management integrity. Tune in to the Riedel story here. Chapters: 00:00 Start 00:20 Introduction 01:33 New learnings from the Kingman project. 02:47 Type of mineralisation at Tintic in Arizona. 04:25 Strategic area of high-grade mineral system at Tintic. 08:02 Chasing the high-grade gold in Tintic. 09:48 How should investors interpret the grades and drill holes? 13:20 The advantages of the Kingman project. 16:15 Permitting process in the US. 17:03 Upcoming 7000m RC Drill program and further works. 18:35 Possible challenges in the Kingman Project. 22:18 News flow. 25:23 Why Riedel Resources? 27:32 Conclusion PODCAST Michael Bohm Chair Qualifications: BAppSc (Mining Engineering) Mr Bohm is a qualified mining professional with extensive corporate, project development and mine operations experience in Australia, South-East Asia, Africa, Chile, North America and Europe. A graduate of the Western Australian School of Mines, he has worked as a mining engineer, mine manager, study manager, project manager, project director and managing director. Mr Bohm has been directly involved in a number of new project developments in the gold, nickel and diamond sectors both in Australia and offshore. Mr Bohm's experience includes previous directorships at Ramelius Resources Limited, Perseus Mining Limited, Argyle Diamond Mines and Sally Malay Mining Limited in Australia (ASX) and Ashton Mining of Canada (TSX). He is currently a Non-executive Director of Cygnus Gold and Mincor Resources Limited. Mr Bohm is a member of the Australian Institute of Mining and Metallurgy (AusIMM) and is a member of the Australian Institute of Company Directors (AICD). David Groombridge Chief Executive Officer Qualifications: MEconGeol David is a geologist with a Masters in Economic Geology from the University of Tasmania. His career incorporates 20 years mining industry experience in multiple ore deposit styles, including nickel sulphides, tungsten, SedEx (sedimentary exhalative) and orogenic gold in both underground and surface roles, primarily in resource development and mineral exploration. He spent 12 years across senior management roles at Tectonic Resources and Silver Lake Resources before becoming Exploration Manager for Medallion Metals, where he has worked since 2016, focused on the 1.62Moz Au Eq. Ravensthorpe Gold Project. This WA-based project is a structurally hosted, high-grade gold system similar to the Kingman Project. About Riedel Resources Limited Riedel Resources (ASX: RIE) is an emerging mineral exploration company focussed on advancing the historic high-grade Kingman Gold Project in North-West Arizona. The Kingman Project covers an area of historic gold-silver-lead-zinc mines that were in production from the 1880’s through to the early 1940’s. Diamond drilling in late 2019 confirmed the high grades seen in historic mining. RC drilling in early 2021 hits extensive gold, silver, zinc and lead mineralisation including 3.8m at 98.9 g/t gold and 151 g/t silver from 20.6m at Tintic and 4.6m at 8.39g/t gold from 100.6m at Merrimac. Further drilling subsequently confirmed gold, silver, zinc and lead mineralisation in multiple veins at Jim’s. Share to Grow: Your Bonus eBook: How to add value to your Share Portfolio This is a good time to download our Free Ebook as it is all about VMS (Volcanogenic Massive Sulfides). The eBook is about lessons on geological models sought by mining companies. It gives insight and an understanding of which portfolios are better - and potentially more lucrative investments. Click here to download this eBook. Disclaimer The information or opinions provided herein do not constitute investment advice, an offer or solicitation to subscribe for, purchase or sell the investment product(s) mentioned herein. It does not take into consideration, nor have any regard to your specific investment objectives, financial situation, risk profile, tax position and particular, or unique needs and constraints. Read full Disclaimer. About Samso Subscribe to Samso Samso-Brilliant Distribution Outreach Powerful Advertising opportunities for Samso’s ASX and private business clients. The Brilliant-Online partnership is an opportunity to reach new and wider audiences in a fresh, appealing format to pique and retain investor interest. Contact Veronica directly for your special Samso-Brilliant advertising rate. Read Brilliant Investments

Samso Insight Episode 103 is on the current Critical and Essential Minerals debate and what this means for investors, communities and Australia. There are many narratives on what this drive for electrification means for investors. We can all agree that there are no doubts on the demand for critical and essential minerals, but how could this demand spur the next resource bull run? In this episode of Samso Insights, we are talking to Lightning Minerals Limited (ASX: L1M) and Taiton Resources Limited (ASX: T88) about their respective IPOs which were live at the time of the recording. This is a brief insight into the people who are running the companies and what is motivating them to be in this space. Alex Biggs and Noel Ong are experienced members of the mineral exploration sector having been in the same positions not long ago. Alex was on the board of Critical Resources Limited (ASX CRR) before leaving to take over the helm of Lightning Minerals Limited (ASX: L1M). He shares with us the projects and the strategy of the company. In a time when critical metal stories are in demand, it is not a bad idea to keep an eye on what Alex is doing now. The Taiton Resources story is one that is all about the search for Essential Minerals. The company is going to the IPO with the view that they have found a mineral province that has primarily been overlooked. The mineral province has had historical work showing some very important points, a shallow cover to basement, mineralisation within geophysical targets and CSIRO data indicating an area of hydrothermal activity that is consistent with mineral production. Take time to watch this episode which showcases two companies that are in the Critical and Essential mineral space and a thorough discussion of why this industry is value adding to the community and Australia. Chapters: 00:00 Start 00:20 Introduction 01:09 What is happening with Lightning Minerals Limited ? 02:54 The critical mineral space. 03:49 About Taiton Resources Limited. 06:53 Gold prospect. 09:43 Is the gold prospect a potential to a fast track cash flow? 12:07 Lightning Minerals board: Dr Karen Lloyd. 16:44 Recent development in downstream processing. 18:22 Importance of the mining industry in Australia. 27:55 Comments on people resources. 31:27 The vision for Taiton Resources. 33:20 The vision for Lightning Minerals. 34:30 Conclusion PODCAST About Alex Biggs CEO - Lightning Minerals Limited (ASX: L1M) Mr Biggs is a qualified Mining Engineer and Mechanical Engineer. He has over 20 years’ experience in the engineering and mining sectors including corporate, operations, consulting and finance, including capital raising, both equity and debt as well as deal structuring and significant commercial expertise. Mr Biggs is currently a Non-Executive Director at Metals Australia (ASX) and previously Managing Director of Critical Resources (ASX). He has held management and operational positions at Venturex Resources, Palisade Capital Corporation, Barrick Gold as well as Principal level positions in consultancy and advisory capacities. Mr Biggs is a Member of the Australian Institute of Mining and Metallurgy and a graduate of the Western Australian School of Mines. About Lightning Minerals Limited Exposure to the high value and high demand critical minerals commodity markets. Four project areas in Western Australia Battery minerals focus including Lithium, Nickel, Cobalt, Copper and PGEs Clear exploration strategy focused on Lithium and battery minerals Principal focus on Dundas licences – Next to Liontown Resources’ Buldania project About Noel Ong Managing Director - Taiton Resources Limited (ASX: T88) Noel Ong is a geologist with over 30 years of experience in the resource industry. He has extensive mineral exploration and project management experience in the gold, lithium, iron ore (hematite and magnetite), tantalum and the diamond industry. Since 1992, Noel has worked predominantly in the goldfields of Western Australia, Pilbara iron ore fields and the Northern Territory. He has worked with Ashton Mining, Great Central Mines, and held management roles with API Management, Galaxy Resources, Citic Pacific Mining and Silver Lake Resources. Noel is a member of the AusIMM and the Australian Institute of Geoscientists. About Taiton Resources Limited Taiton Resources Limited is an early-stage mineral exploration focussed on discovering large scale mineral deposits in South Australia and Western Australia. ​ The Company has assembled a portfolio of projects across both South Australia and Western Australia. ​ On Admission, the Company's projects will comprise the following: ​ (a) Highway Project, located in South Australia, (b) Lake Barlee Project, located in Western Australia; and (c) Challenger West Project, located in South Australia; ​ The projects have a range of exploration activities planned. The company will be undergoing a series of grassroots exploration and also several walk-up drilling targets. While the Company has developed and designed programs to undertake exploration activities on each of the Projects, it will also pursue and assess other new business opportunities in the resources sector over time which complement its business. Disclaimer The information or opinions provided herein do not constitute investment advice, an offer or solicitation to subscribe for, purchase or sell the investment product(s) mentioned herein. It does not take into consideration, nor have any regard to your specific investment objectives, financial situation, risk profile, tax position and particular, or unique needs and constraints. Read full Disclaimer. Share to Grow: Your Bonus Samso has just released an eBook: How to Add Value to your Share Portfolio A lesson on geological models sought by mining companies that gives insight and an understanding of which portfolios are better - and potentially more lucrative – investments. Click here to download this eBook. If you find this article informative and useful, please help me share the information. I try and write about topics that are interesting and have the potential to be of investment value. It is not easy to find stories that fit those parameters. If you or your organisation see the benefit of what Samso is trying to achieve and have a need to share your journey, please contact me on noel.ong@samso.com.au. About Samso Samso ASX stories are also through the Brilliant-Online channels. Subscribe to Brilliant Investments.

Coffee with Samso Episode 176 is with Justin Osborne, Chair and Crispin Pike, VP, Discovery of Matador Mining Limited (ASX: MZZ) The Matador Mining story has come a long way since our first conversation in April 2020. The developing story is now moving into the next phase as the 2023 field season is beginning. In this episode of Coffee with Samso Episode 176, we are talking to Justin Osborne, Non-Executive Chair and Crispin Pike, the VP of Discovery, sharing the increasing potential of the Cape Ray Shear Zone. The main story for me is that the company is being realistic in stepping back and looking at what else could be the main game in the Cape Ray Shear Zone for shareholders. Although there are existing resources that are already established, the bold and very smart move is to realise that there is more value that has not been realised. The decision is the same strategy taken by the founders of Gold Road Resources where they accepted market discontent on the share price and worked on exploring the region for a bigger prize. That would come as Gruyere which is now over 10 million ounces of gold. The Matador Story Matador Mining listed on the Australian Stock Exchange (ASX) in March 2017. Like all ASX junior mineral exploration companies, there have been many management changes and many projects. My association came in April 2020 with the first Coffee with Samso with the Matador story. The story has come a long way with the latest announcement highlighting a new Mineral Resources Estimate (MRE) as seen in Table 1 below. (Source: Matador Mining Updates Mineral Resource Estimates for Cape Ray) Mineral Resource Notes (Source: Matador Mining Updates Mineral Resource Estimates for Cape Ray) Mineral Resources are reported using a cut-off grade of 0.30 g/t gold for open pit and 2.00 g/t gold for underground, and a gold price of US$1750 based on the assumptions presented in Appendix 1 -Section 3 – Mining Factors or Assumptions. The open pit Mineral Resource is constrained using an optimised pit that has been generated using Lerchs Grossman algorithm with parameters outlined in in Appendix 1 -Section 3 – Mining Factors or Assumptions. The underground Mineral Resources are constrained using a 2.00 g/t gold grade shell below the optimised pit based on the assumptions summarised in Appendix 1 -Section 3 – Mining Factors or Assumptions. The Mineral Resource Statement for the Cape Ray Gold Project has been prepared by Trevor Rabb, P.Geo. who is a Competent Person as defined by JORC (2012). Mineral Resources are not Mineral Reserves and do not have demonstrated economic viability. The Mineral Resources for the Cape Ray Gold Project have been prepared in accordance with JORC (2012). The number of metric tonnes and contained gold ounces are rounded to the nearest thousand. Any discrepancies in the totals are due to rounding. Mineral Resources for the Cape Ray Gold Project have an effective date of 22 February 2023. One of the most important parts of Matador Mining is that B2 Gold made a strategic investment into the company. A blue ribbon gold miner taking a stake in the story has got to be good news to existing shareholders and those looking at Matador as an investment. The Projects Matador Mining has a portfolio of projects that undoubtedly sits in one of the few Tier 1 regions in the world. The Cape Ray Shear Zone which has a strike of over 120km of potential mineralisation hosts several projects which would have been a flagship project in their own capacity (Figure 1). According to Crispin Pike, the current exploration season will focus on the Malachite prospect and it should be interesting. The previous exploration phase discovered anomalous gold in surface samples which highlights the perspectivity of the area. One of the points to remember about the Matador projects is that there has not been any serious exploration in the region for decades. For this reason, the opportunity for Matador to make discoveries remains high. The resource at Marathon Gold (5.1M ounces Au) and Big Ridge (0.9 to 1.4M ounces of Au - see Figure 3) is a clear sign that decent mineralisation does occur. Matador owning 800,000 ounces of Au is proof that there will be more to discover. The Hermitage Project (Figure 3) is what makes me think that the exploration strategy that Matador is embarking on is the correct one. Hermitage, in my opinion, could be a multi million ounce project as it has the hallmarks of a fertile system. Structurally, it looks positive, geochemically, the association of Antimony and Arsenic is common in large sulphidic gold systems. As always, the proof is in the pudding and I am keen to see work done on the project. Looking at Figure 3, the magnetic imagery looks promising and from my conversation with Matador, they are excited to get on the ground as well. They can see the potential. Samso's Conclusion What Matador represents for shareholders and potential shareholders is a repeat of the Gold Road story. The strategy of taking a step back to look at exploration to create more value with discoveries to supplement the existing resources is one from the books of Gold Road Resources. It is no surprise as the management are one and the same. When you look at Figure 3, it helps speak the path the company took and the rewards that came with that process. The move to exploration is a bold move but it is the only way to realise the potential of the Cape Ray Shear Zone. Don't forget the Hermitage Project is soon to come online and that could bring in an injection of value that has not been discussed greatly in the market. When I look at Matador, I cannot help but think of the long journey and the test of funding to create value from a strike of 120km in an area that has had little to no mineral exploration. There are very few Tier 1 regions in the world where you have this opportunity. It is good to remember that the easy pickings are all gone, which leave many projects isolated and unloved due to the nature of the mineral exploration process. Historically, the discoveries all come from two pools of situation - one is the easy pickings, the projects where explorers literally kicked the mineralised rocks while walking about the project area. The second is from projects that have been overlooked, projects that were labeled as "All the Exploration has been Looked At", or the area is too expensive. Hence, in conclusion, my thoughts are that Matador has got itself a great project and it seems that corporately, the big boys are finally investing in the story. The introduction of B2 Gold as a strategic partner is a clear sign that there is belief outside management of the perspectivity of Matador Mining Limited. Chapters: 00:00 Start 00:20 Introduction 01:25 Overview of Matador’s mining jurisdiction. 02:39 A rundown on Matador Mining’s 2023 exploration program. 04:01 Matador Mining focused on Cape Ray Shear Zone and Hermitage. 06:40 Discussion about pivoting to regional exploration. 15:37 The cover in Malachite. 17:13 The strategy of exploration in Malachite. 21:33 Challenges with seasonal exploration programs. 23:43 How does Matador prioritise projects? 28:28 Geophysics in leading the path to discovery. 30:09 The Hermitage Project. 36:31 News flow. 37:54 Why Matador Mining? 40:24 Conclusion PODCAST About Justin Osborne Non-Executive Chairman Mr Osborne has over 35 years experience as an exploration, mining and development geologist, is a Fellow of the Australasian Institute of Mining and Metallurgy and holds a Bachelor of Science, Honours (First Class) from La Trobe University of Victoria. Up until June 2021 Mr Osborne was Executive Director at Gold Road Resources (ASX: GOR) playing a pivotal role in the discovery, development and construction of the world class Gruyere Gold Mine (8Moz Au) which currently produces approximately 350,000oz Au per annum. Mr Osborne previously held senior positions on the exploration executive team of Gold Fields Ltd, including Vice President Development Strategy – Growth and International Projects, and General Manager Near Mine Exploration covering all international mining operations; and management roles with WMC Resources at the Kambalda Nickel and St Ives Gold operations. Mr Osborne is also a Non-executive Director at IGO Limited (ASX:IGO), Hamelin Gold Limited (ASX:HMG) and Astral Resources NL (ASX:AAR). About Crispin Pike VP, Discovery Crispin Pike is Matador’s VP Discovery and leads the on-ground exploration activities for Matador Mining in Newfoundland. Following a 9 year career with Inco/Vale working across the Americas he has spent the last 6 years with the Geological Survey of Newfoundland and Labrador. Crispin brings his deep Newfoundland geology expertise and international experience in structural geology and geophysics to Matador’s exploration programs. About Matador Mining Limited (ASX: MZZ) Matador Mining Limited (ASX:MZZ / OTCQB:MZZMF / FSE:MA3) is an exploration company focused on making gold discoveries in Newfoundland, Canada. The Company is one of only four gold companies with a defined gold Mineral Resource, currently 837,000 ounces grading 2 grams per tonne. Matador is well positioned with an extensive land package comprising 120-kilometres of continuous strike along the under-explored, multi-million-ounce Cape Ray Shear, a prolific gold structure in Newfoundland that currently hosts several major mineral deposits. Additionally, the Company holds 27-kilometres of continuous strike at the Hermitage prospect which is located on the highly prospective Hermitage Flexure. Matador acknowledges the financial support of the Junior Exploration Assistance Program, Department of Industry, Energy and Technology, Provincial Government of Newfoundland and Labrador, Canada. The Cape Ray Gold Project The Cape Ray Gold Project (Cape Ray or the Project) covers approximately 120km of strike along the highly prospective, yet under explored Cape Ray Shear located in Newfoundland, Canada. The Project hosts a current resource of 837,000oz Au at 2g/t Au, across four deposits, all of which are within 15km of strike. A 2020 Scoping Study (ASX announcement 6 May 2020) highlighted that Cape Ray has the makings of an excellent gold project, with low estimated All In Sustaining Operating costs (US$776/oz Au), strong IRR (51% post Tax) and rapid payback (1.75 year). These strong outputs were driven by the Project’s high grade, yet shallow gold mineralisation, (average head grade of 2.6g/t au during the first four years of production – 88,000oz Au per annum) that ranks the Project as one of the highest grade, undeveloped open pit projects globally. However, prior to commencing a Pre-Feasibility Study, the Company identified the requirement to grow the Resource further to ensure the initial 7 years mine life assumed in the Scoping Study is increased. To achieve this, the Company believes a blend of expansion drilling around known deposits as well greenfield exploration to test the vast, yet under explored Project area is the optimal strategy. The Company therefore outlined the most expansive exploration program for the 2021/22 season, including: 45,000 metres of diamond drilling; Five power auger drill rigs; 80 kilometre Heli-Mag program; and Inaugural winter exploration program. Disclaimer The information or opinions provided herein do not constitute investment advice, an offer or solicitation to subscribe for, purchase or sell the investment product(s) mentioned herein. It does not take into consideration, nor have any regard to your specific investment objectives, financial situation, risk profile, tax position and particular, or unique needs and constraints. Read full Disclaimer. Share to Grow: Your Bonus Samso has just released an eBook: How to Add Value to your Share Portfolio A lesson on geological models sought by mining companies that gives insight and an understanding of which portfolios are better - and potentially more lucrative – investments. Click here to download this eBook. If you find this article informative and useful, please help me share the information. I try and write about topics that are interesting and have the potential to be of investment value. It is not easy to find stories that fit those parameters. If you or your organisation see the benefit of what Samso is trying to achieve and have a need to share your journey, please contact me on noel.ong@samso.com.au. About Samso Samso ASX stories are also through the Brilliant-Online channels. Subscribe to Brilliant Investments.

Mining HQ Podcasts Ep. 15 - 18:58 Many companies are going to stand out in 2022. There were 191 IPOs last year and we will probably see the same number coming out this year. Investors should always remember that mineral exploration is for the long haul, so Noel´s thoughts for potential investors is to look out for companies that have real projects. What this means is, pay attention to projects that have a real chance of discovery. Noel talks about his pick of five types of companies for 2022: Bulk Commodity Potential Gold Miner A Given Miner A Copper Producer in the making A budding explorer with great potential. Examples of companies in each space: Black Canyon Limited (Manganese) (ASX: BCA) - MC of 10M Great Boulder Resources Limited (ASX: GBR) - MC of 54M Matador Mining Limited (ASX: MZZ) - MC of 65M Cyprium Metals Limited (ASX: CYM) - MC of 80M Cosmo Metals Limited (ASX:CMO) - MC of 9M Or go to 18:58 - https://open.spotify.com/embed-podcast/episode/0do3nQGjjKgaH9ewjiwiMJ Radio Interviews with Mining HQ reaching out to 100,000 audiences per broadcast Noel Ong of Samso and Chris LeMesurier of 1055 TripleM speak fortnightly on Mining HQ about Mineral Exploration, Commodities and Mineral Resources. For the investors: Our interviews with Mining HQ includes topics to help you make good investment decisions. We also share Stock Picks, Stocks to Watch and Weekly Summaries. For Samso's clients: This is an additional opportunity for you to engage with investors directly. Samso works with a number of Media Partners like MiningHQ and Brilliant-Online to widen your reach. Contact Samso

Samso on Mining HQ Podcasts Ep. 16 - 25:12 Noel is going for gold in this episode. During tough times and war times, the price of gold goes up. It can be a powerful asset in its own right. Noel shares his thoughts on WA gold explorers, medium producers that are benefitting from the price surge. What are his thoughts on the gold sector for gold explorers? Noel reminds listeners to bear in mind PMT - Patience Management & Technicals as the best insurance and the key to everything. Which companies in the gold exploration space take his fancy? Emu NL (ASX:EMU) Kingwest Resources Limited (ASX:KWR) Great Boulder Resources Limited (ASX:GBR) Matador Mining (ASX:MZZ) Calidus Resources Limited (ASX:CAI) Go to 25:12 Or go to 25:12 - https://open.spotify.com/episode/3TBUPJbp2iTpsTxAgB3Tdd Radio Interviews with Mining HQ reaching out to 100,000 audiences per broadcast Noel Ong of Samso and Chris LeMesurier of 1055 TripleM speak fortnightly on Mining HQ about Mineral Exploration, Commodities and Mineral Resources. For the investors: Our interviews with Mining HQ includes topics to help you make good investment decisions. We also share Stock Picks, Stocks to Watch and Weekly Summaries. For Samso's clients: This is an additional opportunity for you to engage with investors directly. Samso works with a number of Media Partners like MiningHQ and Brilliant-Online to widen your reach. Contact Samso

Coffee with Samso Episode 156 is with William Potma, Chief Geologist and Crispin Pike, VP, Discovery of Matador Mining Limited (ASX: MZZ) Matador Mining has changed their strategy to be more exploration focused. I can see this as a very calculated approach. A focus to look for the "Holy Grail" is a smart move. This is a technical episode where we discuss what makes Cape Ray tick and how management will tackle the concept of discovery. Warren and Crispin brings a lively discussion on the How, the Why, the Where and the With What. This is a must have discussion as the size of the project is hard to conceptualize for the average investor. The magnitude of 120km of strike length may be big but it's the location of the secondary and tertiary structural points that will make discoveries. Many geoscientists in this area will agree that there are many big deposits, and big economic deposits that have come from these secondary and tertiary points. For those that want to understand the technical aspects of the Matador story, this is a great time to make a coffee or tea, sit back and enjoy this Coffee with Samso. Chapters: 00:00 Start 00:20 Introduction 01:45 Warren Potma and Matador Mining. 04:27 Crispin Pike and the progress of exploration activities. 07:40 Geophysics as a dominant tool used by exploration. 08:49 Discussion about big projects. 12:33 Shallow drilling at Cape Ray. 13:16 Is Cape Ray geologically unique? 14:57 What is the market sentiment for Matador and the Gold sector? 16:45 Thoughts on the project as the Exploration Manager. 19:24 Challenges of the project. 22:24 Jurisdiction matters. 25:19 The Hermitage Project. 28:44 Could Hermitage be a first tier project? 29:30 Are regional structure controls dominating the Mineralisation? 31:13 Finding the next bigger deposits. 32:10 How big can the Matador projects end up? 33:41 News flow. 35:51 Takeaway from Coffee with Samso. 38:17 Conclusion PODCAST About Warren Potma Chief Geologist Mr Potma is a highly experienced exploration manager, with a successful career spanning over 25 years. He was most recently Principal Geologist for CSA Global, where he provided specialist consulting services to exploration and mining companies. Prior to his time at CSA Global, Warren was Exploration Manager for Hot Chili, an ASX listed company with a portfolio of projects in Chile. Warren’s geology team also delivered a maiden Ore Reserve and provided all the geological and geometallurgical inputs required for the Productora Pre-Feasibility Study. Prior to this, Warren held the position of Exploration Manager for Silver Swan Group/Caravel Minerals following his departure from a very successful eight years with the CSIRO where he led the Mineral Systems and Targeting applied research stream which focused on developing and applying exploration technologies and methodologies across the Australian exploration and mining sector. Warren holds a Master’s degree in structural geology from Monash University, and is a member of both the AIG and AUSIMM. About Crispin Pike VP, Discovery Crispin Pike has come on as Exploration Manager having worked for the Geological Survey of Newfoundland and Labrador for six years, and prior to that with 9 years with INCO/Vale on projects across North and South America. About Matador Mining Limited (ASX: MZZ) Matador Mining Limited is an exploration company that is listed on the Australian Stock Exchange (ASX). The company has its main project in the south-western area of Newfoundland, Canada. The Project is about 25 km northeast of the coastal town of Port aux Basques and is located on the Cape Ray shear, one of the most prospective, yet under-explored gold regions in North America. The Company is the largest holder of ground along the Cape Ray shear, with approximately 120 km of continuous strike along the shear. The Company’s tenement boundary is located approximately 50 km along strike from Marathon Gold’s (MOZ.TSX) 4.2Moz Valentine Lake Gold Project. The Cape Ray Gold Project The Cape Ray Gold Project (Cape Ray or the Project) covers approximately 120km of strike along the highly prospective, yet under explored Cape Ray Shear located in Newfoundland, Canada. The Project hosts a current resource of 837,000oz Au at 2g/t Au, across four deposits, all of which are within 15km of strike. A 2020 Scoping Study (ASX announcement 6 May 2020) highlighted that Cape Ray has the makings of an excellent gold project, with low estimated All In Sustaining Operating costs (US$776/oz Au), strong IRR (51% post Tax) and rapid payback (1.75 year). These strong outputs were driven by the Project’s high grade, yet shallow gold mineralisation, (average head grade of 2.6g/t au during the first four years of production – 88,000oz Au per annum) that ranks the Project as one of the highest grade, undeveloped open pit projects globally. However, prior to commencing a Pre-Feasibility Study, the Company identified the requirement to grow the Resource further to ensure the initial 7 years mine life assumed in the Scoping Study is increased. To achieve this, the Company believes a blend of expansion drilling around known deposits as well greenfield exploration to test the vast, yet under explored Project area as the optimal strategy. The Company therefore outlined the most expansive exploration program for the 2021/22 season, including: 45,000 metres of diamond drilling; Five power auger drill rigs; 80 kilometre Heli-Mag program; and Inaugural winter exploration program. Disclaimer The information or opinions provided herein do not constitute investment advice, an offer or solicitation to subscribe for, purchase or sell the investment product(s) mentioned herein. It does not take into consideration, nor have any regard to your specific investment objectives, financial situation, risk profile, tax position and particular, or unique needs and constraints. Read full Disclaimer. Share to Grow: Your Bonus Samso has just released an eBook: How to Add Value to your Share Portfolio A lesson on geological models sought by mining companies that gives insight and an understanding of which portfolios are better - and potentially more lucrative – investments. Click here to download this eBook. If you find this article informative and useful, please help me share the information. I try and write about topics that are interesting and have the potential to be of investment value. It is not easy to find stories that fit those parameters. If you or your organisation see the benefit of what Samso is trying to achieve and have a need to share your journey, please contact me on noel.ong@samso.com.au. About Samso Samso ASX stories are also through the Brilliant-Online channels. Subscribe to Brilliant Investments.

Author: Steve Morgan, Managing Director, ESG Capital It is one of the most common questions we get asked as ESG consultants. The simple answer is that you must start with an awareness of what it means specific to your company. All companies are in some way unique, therefore your ESG strategy should take this into account. We recommend Boards and company leaders begin with 6 simple questions. These give an insight into the knowledge that leaders have on ESG topics specific to their organisation as well as the presence (or lack of) a proper process in place. 1. Are we clear on the ESG topics that are and will become material to our business? Material topics, according to the Global Reporting Initiative (GRI), are topics that reflect an organisation's significant economic, environmental, and social impacts; or that substantively influence the assessments and decisions of stakeholders. These topics are determined in part by the scale and reach of your company, the industry you work within and where you operate. What is material in an ESG sense to a company today will not necessarily be in a years' time. Boards need to be regularly reflecting (at least every 2 years) on their material topics whilst planning for future topics based on trends and company evolution. Companies can end up with a lot of topics that could be considered material. Sometimes too many on which to have a meaningful impact. To manage this, boards then need to apply the process of principled prioritisation, weighing up the influence the issue has on stakeholder assessments and decisions, and the significance of the company’s ESG impact. These defined issues then form a core part of any ESG strategy and reporting efforts. 2. Is our view of these topics informed by data captured from our stakeholders and do we review this consistently as our business and the context we operate in evolves? Material topics must be informed through a stakeholder engagement process to ensure all stakeholders have the opportunity to communicate what matters to them. This starts with identifying or ‘mapping’ stakeholders and working out the best way to give them the opportunity to contribute. Common methods include online surveys, direct calls, and workshops. It is important to document this process for records and if you will be seeking assurance of your report. Stakeholders can be both entities and individuals including: Employees Shareholders Suppliers Local communities Indigenous communities Government and regulators NGO’s Stakeholder inclusiveness is an important principle when developing an ESG strategy or report. The organisation needs to ensure it connects with those stakeholders they cannot be in constant dialogue with, as well as those who are unable to express their views through traditional methods or through proxies. Data must then be captured and analysed by leaders to crystallise an accurate and representative list of material topics. 3. Have we set up a suitable ESG framework that incorporates recognised global frameworks and standards? ESG frameworks and standards are plentiful and somewhat overwhelming for many company leaders. They exist, just like international accounting standards do, as a tool for the accurate, transparent, and comparable disclosure of a company’s material ESG topics. Whilst it is still a developing space, there are several global leaders including: Global Reporting Initiative (GRI) Sustainable Development Goals (SDGs) Value Reporting Foundation (VRF) Task force for Climate Related Financial Disclosures (TCFD) World Economic Forum (WEF) These dominate the global ESG reporting landscape and as a result, investors and ratings agencies seek these frameworks out when evaluating a business. One of the early challenges with ESG is selecting the most suitable ESG framework and/or standards. For example, junior ASX listed resources companies may find that the SDGs are sufficient for their initial strategy and reporting cycle. Mid cap resources companies that are producing and, in the process generating high emissions may want to engage with GRI and TCFD. 4. Are we using our view on current and future material topics to guide the development of our core business strategy? Gone are the days where a company can have an ESG strategy that sits separate to its core business. Investors and other stakeholders now demand ESG is integrated into the operations and strategy of a company. Risks must be managed, and opportunities explored through the ESG lens to protect capital and unlock value. Recent examples of the importance of this can be found throughout the passenger vehicle industry. Tesla, which is now the most valuable car company in the world has a mission statement that is “to accelerate the worlds transition to sustainable energy.” (www.tesla.com) Now as the leading global EV brand, it has built a powerful early mover advantage over its competitors through executing on a strategy that was driven by awareness of the climate crisis and its implications on the auto industry. 5. Are we executing our strategy effectively and efficiently, having a positive impact on our material topics? Sir Winston Churchill once said, “However beautiful the strategy, you should occasionally look at the results.” Whist it starts with strategy, impact on ESG must be measured through a mix of qualitative and quantitative results. Most of the global reporting frameworks and standards provide KPI’s for material topics. Establishment of a baseline for a company’s material topics is critical for measurement of impact and to communicate this with investors and stakeholders. Outside of the results, execution of ESG strategy relies upon properly resourcing ESG initiatives, having the right skills and knowledge supporting ESG efforts and a genuine commitment from the company leaders on ESG. 6. Are we effectively communicating with our investors and other stakeholders in relation to our view on future ESG material topics and our strategy on these? Communication of ESG is traditionally done through an ESG or sustainability report. These can range from short (up to 20 pages) to very long (up to 120 pages). Whilst it is commonplace for these to be standalone, there is a trend towards integrating these reports into a company’s annual report. Good ESG reporting needs to be communicated in a well-structured, visual document that can tell a story. More importantly, this story needs to be backed by data. Outside of the traditional annual sustainability or ESG report, companies are innovating with more regular disclosures on ESG for investors & stakeholders through ASX/press releases. We expect that these methods will continue to be the dominant communication tools but that they will be complemented through impactful corporate videos and other more dynamic media. Good ESG strategy and reporting takes time and expertise but getting started is easier than you think. With the introduction of inevitable ESG reporting requirements in the years ahead, the cost of not acting now is likely to be significantly higher than the cost of acting. ESG Capital are an ESG Consultancy that work with public and private companies across APAC. Our value-driven approach focuses on the opportunities for value creation through ESG strategy and reporting. We believe the companies that choose ESG today will be the leaders of tomorrow. www.esgcapital.com.au Contact@esgcapital.com.au Media Partner Brilliant-Online: Our investment articles are also shared across Brilliant-Online magazine. Check out their investment column. Subscribe to Brilliant-Online. Disclaimer The information or opinions provided herein do not constitute investment advice, an offer or solicitation to subscribe for, purchase or sell the investment product(s) mentioned herein. It does not take into consideration, nor have any regard to your specific investment objectives, financial situation, risk profile, tax position and particular, or unique needs and constraints. Read full Disclaimer. Share to Grow If you find this article informative and useful, please help me share the information. I try to write topics that are interesting and have the potential to be of investment value. It is not easy to find stories that fit those parameters. If you or your organisation see the benefit of what Samso is trying to achieve and have a need to share your journey, please contact me on noel.ong@samso.com.au. Download our eBook: How to Add Value to your Share Portfolio A lesson on geological models sought by mining companies that gives insight and an understanding of which portfolios are better - and potentially more lucrative – investments. Click here to download this eBook. Keep us informed too! Please let us know your thoughts and send us any comments to info@samso.com.au. Remember to Subscribe to our YouTube Channel, Samso Media and our mail list to stay informed and make comments where appropriate. Other than that, you can also give us a Review on Google.