Coffee with Samso Episode 162 is all about uranium. Today, we hear from Caroline Keats, Managing Director and CEO of ENRG Elements Limited (ASX: EEL) about their Uranium Project in Niger, a well known uranium province. Jump to her interview For decades, Niger has been a known uranium producing nation in an endowed U3O8 mineralising province. When I think of a mineral province, my thoughts are the area is a proven mineralised system. In this day and age, the need to get the product to market is a very important aspect as well. The first Uranium story on Samso was in 2019 with Mike Young from Vimy Resources Limited. Vimy has since been taken over by Deep Yellow Limited (ASC: DYL). At that time, there was still a lot of resistance to the uranium business. I feel the sentiment in the market has changed dramatically since 2019. There has been a recent rise in the price of "yellowcake" to above USD60 per pound. With little activity in the uranium sector, our recent interview with Simon Mitchell of Orpheus Minerals Limited may have sparked off new perceived sentiments when they announced their IPO. Simon told our listeners about the new company doing uranium exploration in Australia. The ENRG Element story is very different We are talking about a project that is in a proven uranium mining province. We are talking about a proven uranium mineralised province. The nation of Niger is a significant uranium player. My realisation of the potential of ENRG Elements is that there is a history of uranium mining and extraction in Niger. There are big players involved and the increasing sentiment for nuclear energy could make this a very interesting proposition. Serious Business ENRG Elements has a project that Paladin Energy Limited (ASX: PDN) had as a second project and they did work on the property. This was a project that Paladin did research on and acquired. It wasn't moose pasture. This was also a project that is in a known and proven mineralised province. ENRG Elements has an inferred resource on the project as well. Definitely not a hope and a prayer style project. The fact is that the company, ENRG Elements has to complete the journey to prove the economic viability of the project. The economic viability of the project is no longer uncertain as a good part of the journey is completed. Jurisdiction risks are always present but somewhat less in Niger as they are in the business of uranium already. Take some time, listen to the episode and use the information as part of your DYOR process. Chapters 00:00 Start 00:20 Introduction 01:23 About Caroline and ENRG. 02:51 About the Agadez Project. 06:48 Being based in a producing country. 11:08 Is ENRG a critical metal company or an energy company? 13:21 The view on Uranium. 15:51 The future of nuclear power. 18:52 How should investors position themselves? 20:43 How should investors view ENRG? 21:54 The Ghanzi West Copper Project. 23:12 News flow. 23:52 Why EEL? 24:49 Conclusion About Caroline Keats Managing Director and CEO Ms Keats is a focused business leader and corporate executive with twenty years of corporate/commercial experience. She has extensive experience working with assets in foreign jurisdictions, particularly Africa and has successfully liaised with foreign governments to improve understanding about operational and Australian corporate requirements, while facilitating outcomes beneficial to mining projects, local communities and the local economy. Ms Keats is legally qualified, having commenced her career as a lawyer at Blake Dawson Waldron (now Ashurst) and then at Blakiston & Crabb (now Gilbert & Tobin). She has since worked in senior management and executive roles at Paladin Energy Ltd, Mawson West Ltd, MRX Technologies (a Siemens business) and more recently held the Managing Director role at Tiger Resources Ltd. About ENRG Elements Limited ENRG Elements Limited (ASX:EEL) is a company focused on the exploration and development of its uranium and copper projects, commodities that are essential for a carbon-neutral and electric future. The company holds 100% of the underexplored Agadez Uranium Project located in the Tim Mersoi Basin of Niger, with a JORC Resource of 10.7m pounds of contained eU3O8 at 295ppm (150ppm cut-off grade) from surface to only ~30m depth, with exploration currently underway to advance the project. Agadez hosts similar geology to Orano SA’s Cominak/Somair and Imouraren mines and deposits held by Global Atomic Corporation (TSE:GLO) and GoviEx Uranium (CVE:GXU). Niger has one of the world’s largest uranium reserves and in 2021 was the seventh‐highest uranium producer globally, with the Tim Mersoi Basin in Niger hosting the highest-grade and tonnage uranium ores in Africa. ENRG also holds the 100% owned Ghanzi West Copper-Silver Project with a total area of 2,630km2 in the Kalahari Copper Belt of Botswana, one of the most prospective copper belts in the world, which also hosts Sandfire Resources' (ASX:SFR) Motheo Copper Mine and Khoemacau Copper Mining’s Zone 5 underground mine. ENRG believes that the Kalahari Copper Belt has the potential for material discovery, with further exploration underway to advance the project. Botswana is a stable, pro-mining jurisdiction, supportive of mineral exploration and development. According to the 2020 Fraser Institute Annual Mining Survey, Botswana was ranked 1st for ‘investment attractiveness’ in Africa, in addition to being ranked 11th out of 77 countries globally. The Company also holds the Horseshoe West Copper-Gold Project with 32.4km2 of tenements surrounding the historic Horseshoe Lights Mine in Western Australia, located 150km north of Meekatharra, as part of the Earn-in and Joint Venture agreement with Horseshoe Metals Ltd (ASX:HOR). The Directors and management of ENRG have strong complementary experience with over 90 years of Australian and international technical, legal and executive experience in exploration, resource development, mining, legal and resource fields. 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.

Coffee with Samso Episode 163 is all about Rare Earths. Australian Mining The mass discoveries of REE recently is testament to the fact that Rare Earths are not very Rare. Most retail investors are not too concerned about the facts and the viability of REE projects as they jostle for trading opportunities. Many of these investors are only interested in the strategy of "selling dreams". One cannot begrudge this trading strategy. Trading to sell dreams has made a lot of investors' money. I don't work well with that system. I always end up with the short straw. I take my advice from a friend and mentor Geoffrey Donohue who taught me not to flow with the sentiment of the market but DYOR. Like all the great investors that we hear about, they are all into real facts and great management. Like all businesses, there are some that will be around for a long time and there are those that dance on tables now, but are never in the spotlight when the tide subsides. The best of these quotes are those from Warren Buffet. When I look at Venture Minerals, with the recent announcements, the first thing that came to my mind was whether this could be the catalyst that Mt Lindsay needs to get going. A credit to the mining cost that would give the tin and tungsten the boost for profitability. One of the best words used in the mining process is credits. Mining of the REE will be at the same stage as any other proposal to mine Tin and Tungsten so the excitement will be how much of the REE will contribute to the bottom line. In many other REE projects, they will need volume and logistics. Venture will be adding the REEs to an existing mining schedule which will likely create credits to any spreadsheet. When you look at the Cadia Gold Copper Mining Project, the most profitable gold mine in Australia, its All In Sustaining Cost (ALSC) is negative. In January 2021, Newcrest announced a record AISC of negative US$6 ($7.83) per ounce of gold due to higher copper prices and sales volumes, along with the timing of sustaining capital expenditure (Australian Mining). Cadia produces gold doré from a gravity circuit and gold-rich copper concentrates from a flotation circuit at Cadia. The gold dore is then refined at the Perth Mint and concentrates are piped to a dewatering plant at nearby Blayney and sent by rail to Port Kembla in New South Wales for export. The Molybdenum Plant is expected to deliver an additional revenue stream in the form of a molybdenum concentrate which will be a by-product credit to AISC per ounce. ---- Newcrest Website This is one of the most productive mines in Australia but it took a long time from discovery to production. At one stage, there was talk that this project was not going to get the tick of approval. Cadia was a closed mine since 1929 and only rejuvenated in 1992. Production as we know it did not happen immediately. Hence, when I hear all the negative narratives about Venture Minerals, I would like to remind viewers that all the great projects in the world today did not happen overnight. The tin and tungsten strategy has not disappeared. The resurgence of the REE sector is mainly due to the recent changing geopolitical positions. The jostling for the biggest bully in international politics is just beginning. This will impact Venture immensely as tin, tungsten and REE are key players in the critical and essential sectors. I sense that the resurgence of Tungsten may not be far away. Tungsten, in economical amounts, are indeed rare. The importance on the military side of things will make Tungsten take the spotlight. Coupled with REE and tin, I think Venture is definitely worth putting on your watch screen and DYOR. Take time and listen to Andrew Radonjic, Managing Director of Venture Minerals talk about the latest discoveries of REE in their projects. Chapters 00:00 Start 00:20 Introduction 00:55 News about Rare Earths prospects. 02:12 What are the learnings from the discoveries? 05:27 How do you want investors to see Venture Minerals? 11:12 A good geology setting for carbonatites? 13:54 How do you see the Rare Earths market going forward? 17:38 Updates on other projects - Kulin and Thor. 23:02 Are we in the phase of new discoveries? 27:22 News flow. 30:48 Why Venture Minerals? 33:35 Conclusion PODCAST About Andrew Radonjic Qualifications: BAppSc (Mining Geology), MSc (Mineral Economics), MAusIMM Mr. Radonjic is a geologist and mineral economist with over 30 years of experience in mining and exploration, with an initial focus on gold and nickel in the Eastern Goldfields of Western Australia. Andrew has fulfilled a variety of senior roles which gave rise to three gold discoveries, totalling in excess of 3 million ounces in resources and resulting in 1.5 million ounces being produced. Since 2006 Andrew has been an executive director with Venture Minerals, which he has been co-leading during the discovery of the Mount Lindsay Tin-Tungsten deposit. Andrew is a founder and recently was a director of Blackstone Minerals Limited (ASX: BSX). About Venture Minerals Limited Venture Minerals Ltd (ASX: VMS) has refocused its approach to developing the Mount Lindsay Tin-Tungsten Project in northwest Tasmania, already one of the world's largest undeveloped Tin-Tungsten deposits. With the recognition of Tin as a fundamental metal to the battery revolution and Tungsten being a critical mineral, Venture has commenced an Underground Feasibility Study on Mount Lindsay that will leverage off the previously completed open-pit feasibility work. At the neighbouring Riley Iron Ore Mine, the mine is prepared for a quick restart should the market conditions become favourable. In Western Australia, Chalice Mining (ASX: CHN) recently committed to the second stage of the JV which requires a further $2.5 million of expenditure over the next two years to earn a further 19% interest (for a total of 70%) in Venture’s South West Project. At the Company’s Golden Grove North Project, downhole EM has delineated a large conductor under High Grade Zinc-Copper-Gold drill intersections within the 5km long Volcanogenic Massive Sulfide Target Zone, along strike to the world class Golden Grove Zinc-Copper-Gold Mine. Venture has a significant Nickel-Copper-PGE landholding at Kulin with two highly prospective 20-kilometre long Ni-Cu-PGE targets within the Kulin Project. 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 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. 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Coffee with Samso Episode 164: Exploration work has begun at the Bangemall project and it's starting to come up with very interesting results. Allan Kelly, Executive Chair of Miramar Resources Limited (ASX: M2R) narrates this story. When we did the first episode of Coffee with Samso with Miramar Resources, I liked the Bangemall and Whaleshark projects. To me, these two had potentially a big pay day if the results came out well. The plan at that time was always to begin activities at these projects but the focus was at Gidji. This episode of Coffee with Samso is all about the Bangemall. In some ways, the Bangemall is the western end and the Whaleshark project is the eastern end members of the Gascoyne/Ashburton complex, respectively. This region has been a neglected part of the Western Australian mineral exploration world till about 12 months ago. The reason I am interested in these projects is that they lie in these mobile belts that have hosted many mineral deposits. For those people who have been following the Samso series of videos, you will have come across the many conversations about finding great deposits in regions once neglected. The Bangemall and Whaleshark projects are another example. If you had watched the earlier conversations with Allan Kelly, you would have heard him talking about the reasons why he picked these projects. The Bangemall Story - Miramar Resources Limited (ASX: M2R) - Coffee with Samso - Episode 146 The Whaleshark Project Story - A Discussion : Miramar Resources Ltd (ASX: M2R) - Rooster Talk The recent market darling has been dealing with the discovery of Rare Earths in clays. I have made several comments about the need to differentiate between potential economic discoveries and a discovery. In the case of the guys in the Gascoyne-Ashburton region, they are looking for hard rock versions. They are looking for carbonatites or equivalents. Companies have projects and they must choose the one that gives the company the greatest value. This is one of the best traits of good management. One should never fall in love with the projects. If there is a favorable outcome for the company, the strategy must allow for divestments. Check out the episode and always, DYOR. Chapters: 00:00 Start 00:20 Introduction 00:46 Miramar market cap. 01:24 The Bangemall Ni-Cu-PGE / Carbonatite project. 10:44 What do the uranium-thorium anomalies mean? 12:20 Bangemall - a Misunderstood Mineral System ? 16:08 A big cooking system with possibilities of other commodities. 23:19 Updates on the Eastern Goldfields Projects. 27:41 Lake Systems. 30:28 IOCG. 37:34 Whaleshark, Bangemall and Gidji. 40:47 News flow. 44:10 How do you want investors to see Miramar moving forward? 47:00 Conclusion PODCAST About Allan Kelly Executive Chairman Mr. Kelly is a geologist and manager with over 25 years’ experience in mineral exploration, development and production throughout Australia and the Americas. Mr. Kelly graduated in 1994 with a Bachelor of Science (with honours) in Applied Geology from Curtin University. He has been involved in targeting early-stage exploration of gold, nickel and copper deposits in Australia, Alaska and Canada and has previously held senior exploration positions within Western Mining Corporation and Avoca Resources Limited. He has also served as an Executive Director of Riversgold Ltd and a non-executive director of Alloy Resources Ltd. In 2009, Mr. Kelly founded Doray Minerals Limited, which listed on the ASX in early 2010. Under Mr. Kelly’s management, Doray discovered the high-grade Wilber Lode gold deposit within the Andy Well Project in the Murchison Region of Western Australia, which moved from discovery to production within three and a half years, and subsequently funded, constructed and commissioned the Deflector Gold-Copper Project within 14 months of completing the takeover of Mutiny Gold Limited in 2014. In 2014, Mr. Kelly was awarded the Association of Mining and Exploration Companies (AMEC) ‘Prospector Award’, along with Doray’s co-founder Mr. Heath Hellewell, for the discovery of the Wilber Lode and Andy Well gold deposits. Mr. Kelly is a Fellow and Former Councillor of the Association of Applied Geochemistry (AAG), a Member of the Australian Institute of Geoscientists (AIG) and a Member of the Institute of Brewing and Distilling (IBD). About Miramar Resources Limited (ASX:M2R) Miramar Resources Limited is a Western Australian focused mineral exploration company with projects in the Eastern Goldfields, the Murchison and Gascoyne regions. The portfolio of exploration projects has high potential for new gold discoveries within trucking distance of existing operations and for the discovery of nickel-copper-platinum group element (PGE) mineralisation. Miramar aims to create shareholder value through discovery and the Board has a proven track record of successful discovery, development and production. Latest ASX Announcements 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-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

The Esperance region could be the "Pilbara" of Rare Earths and Coffee with Samso Episode 165 with Guy Le Page, Non-Executive Director of Mount Ridley Mines Limited (ASX: MRD), is all about the realisation of a Clay-Hosted Rare Earth Region. The Rare Earth narrative is gaining pace. This is a great thing for the investors in this space but I feel that there is still no straight answer as to what constitutes a workable project. All the numbers are a blur. What is a number/grade that is a cause for celebrations? In addition, what is a good sized resource that will make a project economical? The Mount Ridley REE project appears to have all the components that make a good resource project. The grade (according to current descriptions) is among the peers. The length of intercept in the current drilling looks acceptable, again, according to the comparisons from peer projects. When I look at the current Clay REE story, as Guy Le Page rightly points out, it is now all about metallurgy. The companies that are in the industry are trying to figure out how to treat the resources. The expertise that is in China has been a vacuum and that is not a good path for the Non-Chinese Rare Earth projects. As you watch and listen to Guy Le Page narrate the path forward for the REE players, it is crystal clear that they must work out the chemistry side of the business. What is also abundantly clear to me is that the region, the Esperance region, is made for industry. Everything is set up for some industry to come along and make full use of the facilities. In one of our discussions, Guy and I agreed that when the companies come up with a flow sheet that will drive the REE business, the business will have a very smooth transition as the Esperance township will embrace the opportunity with open arms. Check out the conversation in this Coffee with Samso and, as I always encourage, DYOR. Chapters 00:00 Start 00:20 Introduction 00:52 What is Mount Ridley all about? 02:20 A new province? 04:43 Can or will Australia be moving into an era of being a Rare Earths player? 06:07 Is Clay harder than Hard Rock projects? 08:12 Is Rare Earths all about volume like the Coal story? 09:47 REO Type Breakdown. 10:55 The Geopolitical Issue. 14:59 MRD has been a quiet achiever. 16:50 Thoughts on the market. 17:59 News flow for the next 12 months. 19:13 Why MRD? 20:02 Conclusion PODCAST About Guy Le Page Non-Executive Director B.A., BSc (Hons), MBA, MAusIMM, FFIN Mr Le Page is currently a Director & Corporate Adviser of RM Corporate Finance specialising in resources. He is actively involved in a range of corporate initiatives from mergers and acquisitions, initial public offerings to valuations, consulting and corporate advisory roles. Mr Le Page was Head of Research at Morgan Stockbroking Limited (Perth) prior to joining Tolhurst Noall as a Corporate Advisor in July of 1998. As Head of Research, Mr Le Page was responsible for the supervision of all Industrial and Resources Research. As a Resources Analyst, Mr Le Page published detailed research on various mineral exploration and mining companies listed on the Australian Securities Exchange. The majority of this research involved valuations of both exploration and production assets. Prior to entering the stockbroking industry, he spent 10 years as an exploration and mining geologist in Australia, Canada and the United States. His experience spans gold and base metal exploration and mining geology, and he has acted as a consultant to private and public companies. This professional experience included the production of both technical and valuation reports for resource companies. Mr Le Page holds a Bachelor of Arts, a Bachelor of Science and a Masters’ Degree in Business Administration from the University of Adelaide, a Bachelor of Applied Science (Hons) from the Curtin University of Technology and a Graduate Diploma in Applied Finance and Investment from the Securities Institute of Australia. About Mount Ridley Mines Limited (ASX:MRD) Mount Ridley Mines Limited is undertaking the exploration of a significant deposit of valuable clay-hosted rare earth elements in Western Australia. The Project was initially acquired for its nickel and copper sulphides potential and is now recognised as being prospective for ionic clay REE deposits. Currently, this style of deposit is mined and processed only in China and Myanmar. In November 2020 Mount Ridley Mines Limited (“MRD”) commenced a review of data for its namesake Mount Ridley Project and surrounding area. The review concluded that areas of the Biranup and Nornalup geological provinces in south-eastern Western Australia have the potential for REE mineralisation, and in particular, the style of mineralisation referred to as Ionic Adsorption Clay (IAC-REE). Globally, deposits of IAC-REE are most significant in southern China and are the world’s main source of heavy Rare Earth Elements. The Project REE mineralisation occurs as large, horizontal, near surface, sheet-like lenses up to a depth of 89 metres. REE mineralisation is interpreted to be present within the in-situ saprolite clay horizon. Patchy lower grade zones occur within transported cover which may vector towards stronger REE mineralisation deeper within the regolith. Geological Survey of Western Australia (DMIRS) mapping[1] shows that the Mount Ridley Project REE mineralisation occurs within the weathered mantle (regolith) of the Recherche Super-suite, which is described as “granitic and mafic gneiss; may include intrusions of Esperance Super-suite”. While the source of the REE mineralisation is currently unknown, a detailed sample and litho-geochemistry dataset from bottom of hole aircore samples has been established which includes whole-rock chemical analyses, sample pulps and some end-of-hole air core samples. These samples and data are being studied by the Company’s consultant geochemist to identify the primary rock-type and whether units are REE-enriched. Re-assay of 950 air core samples (162 pending) returned significant REE values over an apparent strike in excess of 25 km with over 20 samples returning >1,000 ppm Mineralisation remains open in all directions with a peak value so far at the Keith’s Prospect from MRAC0711 with 10,461ppm (1.05%) from 23m downhole. Significant REE intersections have been identified and grouped into 5 prospects – Winston’s, Keith’s, The Lake, Tyrell’s and Marcellus. Planning underway for a 25,000m aircore program to test newly acquired tenements in addition to step-out and infill holes. [1] (DMIRS) Department of Mines, Industry Regulation and Safety 1:100,000 Interpreted Bedrock Geology 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 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

Coffee with Samso Episode 110 with Robert Mosig, CEO of Caeneus Minerals Limited (ASX: CAD). Caeneus Minerals is a nearology play that seems to be showing some signs that they may be tapping into a known mineralised system. The Pilbara may well be finally giving up its long held secret of unknown sources of gold occurrences. The first goldfields of Western Australia may finally be giving up its secret. I have long said that mineral exploration is where you find the next deposit. I am a big believer that the easiest way to look for a value adding project for shareholders is to find your own. It is well known that a discovery is a combination of science, persistence, excellent management and LUCK. A combination of all of those points is the key to success. In this episode of Coffee with Samso, I speak to Robert Mosig who is the CEO of Caeneus Minerals Limited (ASX:CAD). Rob is a very experienced geologist who has extensive years of practicing the craft of finding a needle in a haystack. I say this with utmost respect as Robert comes from the brand of diamond exploration geology. Anyone who has had experience in the world of diamond exploration will tell you that looking for an economic source of diamonds is very expensive and extremely hard. The out of the box thinking, the hours of looking at possibilities is very challenging. To add more merits to Robert, he was also the founder of Helix Resources Limited (ASX: HLX) and Platina Resources Limited (ASX: PGM), which after all these years, are still on the ASX. Robert shares with us his history and why he feels that there is a great story in Caeneus Minerals' Mallina Basin which is located in the Pilbara Region of Western Australia. Chapters 00:00 Start 00:15 Introduction 01:14 Robert Mosig Introduction 03:39 The Caeneus projects. 06:08 Exploration is the key to success. 08:31 Sulphides in the drilling at Robert Hill. 10:37 Is the alluvium a good sign for the Pilbara? 13:31 No issue with Refractory Ore. 15:05 Pilbara is well endowed with Gold. 16:01 Are there any similarities in geology with Hemi? 17:53 The significance of the 20,000m drilling program. 20:01 The exploration style reminds me of old school exploration. 21:47 What is the market telling Robert about exploring in the Pilbara? 24:03 Has new information on the Pilbara region helped Robert in his way forward? 26:00 What are the news going forward? 26:57 Last words of wisdom from Robert. 28:33 Conclusion PODCAST About Robert Mosig Mr Mosig is a geologist with over 30 years experience in platinum group metals, gold, diamonds and specialty metals. In 1986 he was the founding Managing Director of Helix Resources (ASX:HLX) and in 2006 he was the founding Managing Director of Platina Resources Limited (ASX:PGM). Mr. Mosig brings to the Caeneus team a strong technical and corporate contribution covering involvement in field programs through to corporate and technical acquisitions and fund raising activities. About Caeneus Minerals Limited (ASX: CAD) Caeneus Minerals Ltd (ASX: CAD) is an Australian-based mineral exploration and development company established for the purpose of acquiring a portfolio of highly prospective exploration projects. The Mallina Province Project The company’s exploration licences at Roberts Hill and Mt Berghaus cover an area of 170 sq km and 179 sq km respectively and are situated approximately 50 kilometres to the south of Port Hedland. The ground is comprised of structurally and chemically altered granitic, intermediate and ultramafic intrusive rocks which are considered highly prospective for additional gold occurrences to the recent discoveries in the region (De Grey’s Hemi). 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 Brilliant Investments Samso's compelling ASX stories are also featured on Brilliant-Online.

Coffee With Samso Episode 116 with Jason Stirbinskis, Managing Director, Los Cerros Limited (ASX: LCL) on why he is excited about the prospect of finding a Tier-1 gold porphyry deposit in Columbia. The Los Cerros Limited (ASX: LCL) story is one that I am pretty sure not many ASX investors would look for in the market. In today's Coffee with Samso, we learn about a high-grade gold porphyry that could make Los Cerros a Tier 1 player in the land of giants. There is a significant moment happening now as Los Cerros moves towards drilling a high chargeable target that is between two significant prospects, Miraflores and Tesorito. The moment of truth may be near as drilling continues. We told the market that we may have a potential core of mineralisation between Miraflores and Tesorito. The geophysics is now backing this theory. What I like about Los Cerros is that this is looking like a high-grade gold porphyry which is not that common. Most porphyries that I have come across have been a copper-gold system. Jason tells us that this is looking like gold dominated but there is significant evidence that a polymetallic nature may be present as well. Tune in to find out how Jason Stirbinskis intends to take Los Cerros into the land of giant gold porphyry deposits. Chapters 00:00 Start 00:20 The Los Cerros Story. 01:48 Porphyries in Colombia. 03:43 The Colombian Porphyries. 05:27 Los Cerros is a Gold Porphyry. 06:30 Are the younger rocks easier to explore? 08:06 The Belt is well endowed. 10:22 Is there a major structure defining the mineralisation? 12:10 Clustering of deposits. 14:04 The Tesorito Announcement. 15:49 What is the significance of the geophysical anomaly? 17:09 What if the geophysical highs do not represent mineralisation? 18:14 How big can the project get? 20:20 Looking for elephants. 21:30 Are there any high-grade results from the surface? 23:17 How do you choose which good project to start with? 26:24 Is the structure complicated? 27:37 What is the mineralised width of these porphyries? 28:49 Has there been any metallurgical work done? 29:48 Where are the investors coming from in your latest Capital Raising? 31:10 Are you feeling that Australian Investors don't know the Porphyry story? 32:30 How do you evaluate "Good" intercepts in your drilling, from a Porphyry context? 34:03 Difference between Australian Porphyries and others. 34:56 What are the news for investors? 36:00 How is Los Cerros doing ESG? 37:51 Lucky Find. 38:56 What is the jurisdiction question for Colombia? 41:07 Conclusion PODCAST About Jason Stirbinskis Managing Director BSc, MBA Jason was appointed Managing Director on 16 August 2019 as part of Los Cerros merger with Andes Resources where he also held the role of Managing Director. Originally a Geologist, Jason Stirbinskis is a Corporate Executive with 12+ years’ experience leading both private and public companies in the mining and mining services space. He is experienced across a number of commodities including gold, zinc, lead, copper, and nickel and has managed projects ranging from greenfield to DFS/Development in West Africa, Scandinavia, Australia and Central Asia. Jason is well networked across international and Australian capital markets and skilled in leading multidisciplinary, international teams. About Los Cerros Limited Los Cerros Limited (ASX: LCL), incorporated in Australia, is an ASX listed exploration and mining company. In August 2019 Metminco Ltd merged with Andes Resources Limited to form Los Cerros Limited and resulting in a dominant position within the Andes and Quinchia regions of the Mid-Cauca Gold belt. Across the ~100,000ha portfolio of applications and granted titles, projects range from multiple early-stage exploration, through to advanced projects including feasibility. Los Cerros primary focus is the Quinchia Gold Portfolio, which is located in Colombia’s Mid- Cauca Belt, and has a JORC compliant Resource 1.3Moz made up of 0.84Moz of gold (Measured+Indicated) and Reserve of 0.547Moz of gold at the Miraflores site and ~0.46Moz of Inferred Resource at the Dosquebradas site. The 10,500ha Quinchia Project contains a number of gold deposits and significant exploration and development targets including Miraflores, Tesorito, Chuscal and Dosquebrada. Los Cerros Andes Gold Portfolio consists of a 90% interest in ~85,000ha of tenements also within the Mid-Cauca belt and including 3 granted titles. Only ~10% of the expansive portfolio has been systemically explored but already delivered 12 vein-type gold/silver targets and multiple gold/copper porphyry targets. 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. 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

Coffee with Samso Episode 125 is with Brad Valiukas, Managing Director of Aurumin Limited (ASX: AUN) Aurumin Limited (ASX:AUN) listed on the Australian Stock Exchange (ASX) two very interesting projects in the Southern Cross Goldfields, a region that has a history of producing high-grade resources. The acquisition of 750,000 ounces of gold is a clear indication of the intent of Aurumin Limited. I felt that Brad Valiukas and his team were focused on their mining strategy. This move has confirmed my thoughts. The strategy was pretty straightforward. Acquire historical mining projects that have potential for growth. Drill. And develop. When I hear companies with this strategy, I notice that many use it as their lead for a story, but few actually have the intent to make it happen. The initial Mt Dimer and Mt Palmer and Johnson Range are initial cornerstone projects for the company. However, with this acquisition, the Sandstone project is a step up. One of the key aspects of the project is the 500,000 ounces of gold resources which is untouched and underground. In my opinion, this is an upside that cannot be ignored. We're not talking about a sprint to the finish here. If anything, this is going to be a marathon, and by the sound of our conversation, there are more surprises coming. Chapters: 00:00 Start 00:25 Introduction 00:55 Brad discuss Sandstone acquisition 01:40 The prospectivity of the Sandstone and how Aurumin pitches the story now. 03:15 How do the older projects work alongside the new project? 04:53 Key projects of Sandstone. 07:06 Is there a Mill story? 09:03 Neighbours are finding new gold, is this positive for Aurumin? 11:01 How do you explain the low grade story to investors? 13:17 Making the ounces work. 14:40 Underground is a new play - Renovation is not always a good thing. 15:08 What are Brad's thoughts on the potential? 16:05 The ore is recoverable. 16:39 Does the market like this gold space? 18:59 Interest for transaction. 19:53 What are the news coming up? 20:48 What is happening in the other projects? 22:31 Are your other projects a preview to what will come with Sandstone? 23:33 Satellite projects will make the Mill story work. 24:34 A communal Mill will work for all players. 25:52 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. 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.

Coffee with Samso Episode 130 is with Andrew Paterson, Managing Director of Great Boulder Resources Limited (ASX: GBR) I have been an advocate for mineral exploration for a long time and the recent discovery of Side Well Project continues to confirm my narration. I have been chasing the Great Boulder story for a long time. I think I started the chase in 2020 and today I have finally managed to get Andrew Paterson on the show. I would have liked to have gotten the story before the recent discoveries, but that seems to be the Samso luck. We may have missed out on a few stories but after having this conversation, I think there are still more to be made. When I first looked at Great Boulder Resources, they were a company with a market capitalisation of less than AUD10M. Today as I write this, they are sitting at AUD52M. As a punter myself, one can see this as a 5 bag investment that has been played out. However, if you look at what the company has (a discovery) and doesn't have (a resource or even the initial information of building a resource), the AUD52M market cap is the premium you would pay for a safer "punt". As we all know, "investing" in these kinds of companies is a hit and miss at the best of times, but in my opinion, in these extraordinary times in this sector, it is worse. I cannot stress enough the need to look deep into the technical aspects and the management of the company. There are so many factors out there currently that could threaten to make the life we now have even more tense and complicated. We don´t have to look further than the situation in Ukraine and the inflationary circumstances of the post pandemic world. Investments of all sorts must be more calculated than before and putting your money into exploration stocks comes with even greater risks. Great Boulder has some great stories, and the fact that this is a new discovery in a new tectonic setting is very attractive. Patience is key for Great Boulder, and by the looks of things, they have most likely discovered a new mineral camp or province. Take your time and watch this Coffee with Samso. I encourage viewers to reach out to Andrew and ask him questions. Andrew comes across as a straight shooter and is technically versed to share his thoughts. You will see in the video that he has not once taken the blue sky narrative. Instead, he keeps his expectations at the reality level and at the same time, he opens up thoughts of what could be if things go their way. Chapters: 00:00 Start 00:20 Introduction 02:22 How is Andrew's mining experience helping his current position in GBR. 05:43 The Side Well Story. 09:42 What was the target that discovered Side Well? 11:34 Is this a new camp or province for gold mineralisation? 15:47 Is the epithermal system creating the higher gold grade? 16:22 Diamond drilling is happening now. 16:39 Is continuation of mineralisation expected? 17:33 The 500m prospective 500m gap. 18:35 Is the geophysics helping exploration? 19:31 Wellington Project. 21:15 The nearology concept. 21:34 Whitehead Project. 22:50 The grades and intercepts at Whitehead is not small. 24:32 Will the prospectivity of Whitehead create an issue for GBR in terms of work required? 25:58 Focusing on what is best for the company is critical. 26:47 Gold market conversation. 29:32 What is the News flow? 32:32 Where is the confidence of drilling results coming from? 35:51 Is your understanding of geophysics and geochemistry driving your drilling confidence? 37:51 What would you say to investors who think the share price uplift is over? 38:59 GBR value should be higher with the potential to come. 40:13 Last words from Andrew. 42:36 Conclusions PODCAST About Andrew Paterson Andrew is a geologist with over 25 years’ experience in mining and exploration in Australia and PNG. After graduating from WASM in 1993, he spent several years in surface and underground gold and nickel mining operations around the WA Goldfields before moving into a management role with Harmony Gold. Since then, Andrew has managed diverse programs exploring for gold, nickel, iron ore and lithium for companies including Atlas Iron and Focus Minerals. In 2016 Andrew was part of the management team that recapitalised Kingston Resources, leading to Kingston’s successful acquisition of the 2.8Moz Misima Gold Project in PNG. About Great Boulder Resources Limited (ASX: GBR) Great Boulder is a mineral exploration company looking for gold and base metals in Western Australia. With over 1,000km2 of tenements spread across its key projects at Kalgoorlie, Meekatharra and Yamarna the Company is leveraged for exploration success. Having made two large-scale copper-nickel sulphide discoveries at Yamarna within two years of listing, GBR has a track record of exploration success backed by a strong technical team. Early-stage exploration success on the gold projects in recent months have now set the Company up for an exciting year ahead. 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 Also featured on Brilliant-Online

Coffee with Samso Episode 129 with Ian Murray, Executive Chairman of Matador Mining Limited (ASX: MZZ) The Story Begins It has been a long wait, but I had Ian Murray come by for a Coffee with Samso finally. I first came across Ian in 2011 (I think) in Hong Kong at Mines and Money. We spoke briefly about what Gold Road was doing and how I was impressed with their tenure in the Yarmana Greenstone Belt. Fast forward a few years later and it looks like Ian is on another similar project. This time however, it looks like an easier project that is destined to be a gold mining district. The Cape Ray project is one that has the potential to be a multi million ounce gold mine. All it needs now is drilling. And more drilling. In the previous Coffee with Samso Episode 54, we had Warren Potma sharing how the company is systematically working on the project. One of the imposing features of this project is the 120 km of strike (length), where the company is continuously finding gold mineralisation. In today's episode, I talk with Ian Murray about how Matador Mining has been handling things since that last conversation. The conversation we had today over our coffee was a really insightful one. Ian painted a clear backdrop of what has happened since then, what will happen and what could happen next. What I liked was that this conversation was not a promotive one, it's not a blue sky style conversation, but a factual commentary. When I look at Matador and their projects with the market capitalisation of just under AUD64M, I can't help but think that it's not valued appropriately. They have resources of over 800K ounces as well as a project that is striking 120km. There is a great disconnect in that picture, in my opinion. Many may say that this is a situation of having a non-Australian project. There may be some truth in it, but remember, the world is moving past the pandemic, and we are finding ourselves in a very inflationary situation. I think a good gold project in a Tier-1 jurisdiction is actually critical. With Matador, it is no longer about if they will have a resource. In my opinion, it is a matter of these three things: 1. How big is it? 2. When will they be in production? 3. When will they be consumed by a bigger player? I feel that the market does not realise that Matador is a miner in the making. Matador is a company that will be a miner with multi million ounces of gold. Viewers should take a good look at the fundamentals of the company and DYOR. Ian Murray has done this before and he knows what needs to be done. It is a simple process of making sure funding exists, and to keep drilling. Chapters: 00:00 Start 00:20 Introduction 01:11 Ian Murray introduction 02:03 Update on the Cape Ray Project. 04:19 Can Cape Ray be big? 06:32 Is there a consistent style of mineralisation? 07:54 The low grade vs. high grade question. 10:10 How waste can dilute an ore body. 11:08 The unloved nature of the gold narrative. 12:25 The need to be relevant in the market. 14:23 Is Matador a Simple Story? 16:15 Are there surprises in the geology of Cape Ray Shear? 19:05 Are there any Metallurgical concerns? 20:02 Is there a magical geological formula? 22:16 Will Matador do Cape Ray justice? 24:19 Cape Ray is a Company maker. 25:07 A Hermitage story? 26:44 Potential for pegmatites. 27:09 Can the Cape Ray shear host high grade deposits? 28:37 Newfoundland has little history of exploration. 29:54 TSX vs. ASX. 32:35 How is the Matador story being received? 34:27 News flow for the next 12 months. 36:41 Conclusions PODCAST About Ian Murray Mr Murray is a Chartered Accountant, a Member of Australian Institute of Company Directors, and holds an Executive degree in Advanced Management & Leadership from the University of Oxford, Saïd Business School. With over 25 years’ mining industry experience in senior leadership positions, including the position of Executive Chairman and Managing Director of Gold Road Resources Ltd (ASX: GOR) and DRDGold Ltd (NYSE & JSE: DRD), he has also held executive positions with international ‘Big Four’ accounting firms. Mr Murray brings a wealth of financial, corporate, project development and operational experience to the Board and most recently led Gold Road as it transitioned from explorer to large scale gold producer. Mr Murray has been the recipient of many awards during his leadership of Gold Road, including the Gavin Thomas award for leadership, the Diggers and Dealers Deal of the year award in 2017, after winning the best emerging company award in 2011 as well as the CEO of the year award from CEO Magazine. 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.

Coffee with Samso Episode 166 is with Mike Haynes, Managing Director and CEO of New World Resources Limited (ASX:NWC). Just over 12 months ago, we had New World Resources Limited (ASX:NWC) with us talking about the Antler VMS project. This story has now moved through the Scoping Study stage and recently declared a larger resource. Investors in the Australian Stock Exchange (ASX) are struggling to find a decent copper story. The last company that was not considered a major is being taken over and that is Oz Minerals Limited (ASX: OZL). Oz Minerals was no minnow so there is a big gap in the market. The next level brings Sandfire Resources Limited (ASX: SFR) into the discussion. Aeris Resources Limited (ASX: AIS) is another "small" copper producer on this scale. From here, the discussion pretty much ends. Here lies the opportunity to look at companies that have a long life and the potential to make the dream - to fill the imminent copper supply gap, come true. The New World Resources Limited story is a very convincing one as you watch and listen to Mike Haynes talk about the Scoping Study results and plans to bring the Antler Copper Deposit back into production. As all investors have experienced, what is clearly obvious becomes not so clear cut as time goes by. It is this reason that I encourage readers and viewers to DYOR and seek out Mike Haynes. Send him the questions. As I am researching New World Resources, I am struck by the great numbers coming out of the Scoping Study. This episode of Coffee with Samso is all about why the Antler project is so unique in grade and resource. Check out this Coffee with Samso with Mike Haynes from New World Resources Limited. Chapters: 00:00 Start 00:20 Introduction 01:16 Recap of the Antler Copper Project. 07:03 How is the geology? 09:17 Good grade numbers. 11:31 Explaining the share price to investors. 14:50 The high grade variation issue. 16:43 Scoping Study results. 17:58 How good is the Antler Copper project in terms of numbers? 24:54 Any potential hiccups? 26:46 How much movement will we see in the numbers? 30:13 Any concerns about future funding? 34:38 News flow. 36:45 Why New World Resources Limited? 37:28 Conclusion PODCAST About Mike Haynes Managing Director and CEO Mr Haynes has more than 25 years’ experience in the international resources industry. He graduated from the University of Western Australia with an honours degree in geology and geophysics and has explored a wide variety of ore deposit styles throughout Australia and extensively in Southeast and Central Asia, Africa, Europe, South and North America. Mr Haynes has held technical positions with both BHP Minerals and Billiton plc. He has worked extensively on project generation and acquisition throughout his career. During the past 17 years he has been intimately involved in the incorporation and initial public offerings of numerous resources companies, and in the ongoing financing and management of those and other companies. About New World Resources Limited New World Resources Limited is an Australian company focused on the exploration and development of mineral resources projects in North America. It is listed on the Australian Securities Exchange under the code NWC. On 14 January 2020 New World Resources Limited announced that it had executed an agreement that provides it with the right to acquire a 100% interest in the high-grade Antler Copper Deposit in Arizona, USA. In October 2021, after 18 months of exceptional results, New World exercised its option and took 100% ownership of Antler. About the Antler Copper Project Excellent Location • Located in a sparsely populated part of northern Arizona • Privately-owned land • 70% of all copper produced in the US is from mines in Arizona Proven VMS District • Cluster of 30-40 VMS deposits in northern Arizona; largest: • United Verde – mined 33Mt of ore @ 4.8% Cu (1883-1975) Excellent Infrastructure • 15km from rail and an interstate highway • Mains power to within 700m of the old headframe • 55km by road to Kingman (population ~30,000) • Benefits of existing infrastructure: - Cheaper to build a new mine - Cheaper to operate a mine 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. VMS (Volcanogenic Massive Sulfide) Deposits Explained In simple terms, Volcanic-associated Massive Sulphide (VMS) deposits are caused by underground metal-rich volcanoes rising and creating a cooking environment. I suggest you download this eBook which explains the VMS and 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. 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 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

The nickel mining space is now gathering pace and this Coffee with Samso Episode 167 with Peter Harold, Managing Director and CEO of Poseidon Nickel Limited (ASX: POS), is all about the changing dynamics. The Black Swan story stems from a long history of nickel prospecting and mining in the Kalgoorlie - Kambalda district. The company has gone through great lengths to come up with a Bankable Feasibility Study (BFS) which looks good. Some people may say that the projections are not realistic but I feel that the move to an EV world requires taking quantum leaps in the mineral resource industry. The pricing of copper and nickel, which is principally the building blocks of industrialisation is now primed to move in a positive direction. There are many commentaries out in the marketplace clearly showing that the appetite for a No Emission world is going to require a magnitude of mining activities. The increase is not going to be something like what we had in the past. This is a step ahead and the first companies that will take advantage, the first companies that will be rewarded, are those closest to mining. The boom bust cycle of commodity prices will continue but at a different level. Hence, companies like Poseidon are well placed. The BFS is robust and using spot price is an ingenious move as the market perception is that the nickel price is moving. In today's coffee conversation, Peter tells us all about the ins and outs of the Poseidon story. Check out the conversation in this Coffee with Samso and, as I always encourage, DYOR. Chapters: 00:00 Start 00:20 Introduction 01:01 Why did Peter join Poseidon Nickel Limited? 01:56 The geology of the project - Epic Silver Swan Discovery. 03:23 The projects of Poseidon Nickel Limited. 05:17 Infrastructure of the project. 07:06 Lake Johnston - Drilling Program and EIS grant. 10:15 Bankable Feasibility Study. 14:37 What are you going to do with the product? MOU with PBT. 18:44 Global significance of nickel - Government support. 25:37 ESG 27:20 Recent drilling. 30:12 Comments on the share price - MST report. 41:00 Poseidon Mythology - back in the days. 47:14 Final comments. 50:18 Conclusion PODCAST About Peter Harold Managing Director and CEO Peter Harold (B.AppSc (Chem) AFAICD) is a process engineer with over 30 years corporate experience in the minerals industry, specialising in financing, marketing, business development and general corporate activities. He was until recently the Managing Director of Panoramic Resources, a company he co-founded as a $3 million IPO in 2001. Peter steered Panoramic through the financing and development of the Savannah Nickel Project in the East Kimberley and the acquisition and re-start of the Lanfranchi Nickel Project near Kambalda with the company reaching a market capitalisation of $1.2 billion in 2007. He was more recently involved in bringing the Savannah Project out of care and maintenance and back into production. Peter has extensive experience in base metal mining project feasibility studies, financings, developments, operations and marketing. About Poseidon Nickel Limited (ASX: POS) Poseidon owns three significant nickel assets with a combined resource of close to 400kt of nickel and processing capacity of up to 3.7Mtpa of ore to produce nickel concentrate. The Company’s business strategy remains focussed on leveraging its existing asset base to grow Poseidon into a significant nickel producer over a period of expected significant growth in nickel demand largely driven by growth in the electric vehicle market. Poseidon’s strategic pillars are developing a pathway to production, targeted exploration across its nickel asset portfolio and considering proximal business development opportunities. The key enablers for the Company’s strategy to be successfully executed are ensuring key capabilities are resourced and the business is sufficiently funded for growth underpinned by a strong ESG framework. Poseidon Business Strategy The Company’s pathway to production was significantly progressed during FY22 with two metallurgical breakthroughs which could significantly improve the economics of the Black Swan project. The first involves incorporating a rougher concentrate regrind into its process flowsheet to significantly improve the quality of the smelter grade concentrate, which is expected to result in improved nickel payability. The second was testwork on a combined serpentinite and talc carbonate ore blend to produce a rougher concentrate which is amenable to both pressure oxidation and high-pressure acid leach to produce a mixed hydroxide precipitate. With the assistance of Poseidon’s geological consultants, Newexco, the Company completed an exploration targeting report for Lake Johnston during FY22, with follow up reports for Black Swan and Windarra to be delivered in FY23. The Lake Johnston report identified the Western Ultramafic Unit as a priority, with a program of works approved to undertake 15,000 metres of RC drilling which is planned for FY23. The Company’s business development efforts over FY22 focused on delivering value from the Windarra/Lancefield gold tailings project. Partnering with Green Gold and determining whether their proprietary gold recovery technology is suitable for Windarra/Lancefield is considered the optimal path to unlocking value from this 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-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

Rooster Talk Episode 68 is with Barry Cahill, Managing Director of Cyprium Metals Limited (ASX:CYM) Good news for Cyprium's shareholders! Cyprium Metals Limited shares recent announcement about USD35M Secured Offtake Prepayment Facility for Nifty Copper Project Restart which highlights the prepayment of USD35M - basically the last piece of the puzzle that will hopefully bring about the start of copper plate production. Barry Cahill details the meaning of the announcement and takes viewers through the myriad of steps that will trigger production of copper plates at the Nifty operations. The Cyprium story is now taking shape with this announcement. As a shareholder, I feel that it will just be a matter of time before a re-rating of the company takes place. Cyprium is all about the Oxides and Heap Leaching to extract the copper. There are many commentaries in the market place but they have been focusing on the old mishaps of Nifty. Cyprium has made it simple. Mine the oxides only and worry about the sulphides later. Get yourself comfortable and listen to Barry telling us the journey, good and bad, since we last spoke to him in March 2022. Chapters 00:00 Start 00:20 Introduction 01:09 All About The Secured Offtake Prepayment Facility 03:12 Is the Financing Done? 05:34 What does the Facility mean for Cyprium? 07:29 How should Investors Position with Cyprium Metals? 09:43 Nifty - Positive and Negative. 10:13 The Negative Perception of Nifty. 11:26 Reasons why Australia is not good with Heap Leaching. 11:46 History of Nifty Production. 14:00 The Negativity around Nifty. 14:50 Nifty - The Cyprium Way - All About the Oxides. 20:41 Is the Nifty Oxide Heap Leaching all about Particle Size and Chemistry? 23:15 Any more Regulatory Boxes to Tick Off? 25:04 Has the Tiger been thrown out the Door? 25:32 Underestimated Value of Nifty. 26:57 Timing and News Flow? 28:07 Summary of the Finance Equation. 29:08 Conclusion PODCAST Listen to previous conversations with Cyprium Metals Limited About Barry Cahill Managing Director Mr. Cahill is a mining engineer with over 30 years’ experience in exploration, operational mining and management. In particular, his experience covers management of project development and construction from exploration drilling through project funding, commissioning and development. He was the Managing Director of Finders Resources Limited from 2013 until its takeover in 2018. Mr. Cahill has previously been Executive Director of a number of public companies including Operations Director at Perilya Limited and Managing Director of Australian Mines Limited and Norseman Gold Plc. About Cyprium Metals Limited (ASX:CYM) Cyprium Metals Limited (ASX: CYM) is an ASX listed company with copper projects in Australia. The Company has a highly credentialed management team that is experienced in successfully developing sulphide heap leach copper projects in challenging locations. The Company’s strategy is to acquire, develop and operate mineral resource projects in Australia which are optimised by innovative processing solutions to produce copper metal on-site to maximise value. The Company has projects in the Murchison and Paterson regions of Western Australia that is host to a number of base metals deposits with copper and gold mineralisation. Paterson Copper Projects This portfolio of copper projects comprises the Nifty Copper Mine, Maroochydore Copper Project and Paterson Exploration Project. The Nifty Copper Mine (“Nifty”) is located on the western edge of the Great Sandy Desert in the north-eastern Pilbara region of Western Australia, approximately 330km southeast of Port Hedland. Nifty contains a 2012 JORC Mineral Resource of 732,200 tonnes of contained copper (i). Cyprium is focussed on a heap leach SX-EW operation to retreat the current heap leach pads as well as open pit oxide and transitional material. Studies will investigate the potential restart of the copper concentrator to treat open pit sulphide material. The Maroochydore deposit is located ~85km southeast of Nifty and includes a shallow 2012 JORC Mineral Resource of 486,000 tonnes of contained copper (ii). Aeris Resources Limited (ASX: AIS, formerly Straits Resources Limited) holds certain rights to “buy back up to 50%” into any proposed mine development in respect of the Maroochydore Project, subject to a payment of 3 times the exploration expenditure contribution that would have been required to maintain its interest in the project. An exploration earn-in joint venture has been entered into with IGO Limited on ~2,400km2 of the Paterson Exploration Project. Under the agreement, IGO is to sole fund $32 million of exploration activities over 6.5 years to earn a 70% interest in the Paterson Exploration Project, including a minimum expenditure of $11 million over the first 3.5 years. Upon earning a 70% interest, the Joint Venture will form and IGO will free-carry Paterson Copper to the completion of a pre-feasibility study (PFS) on a new mineral discovery. Murchison Copper-Gold Projects Cyprium has an 80% attributable interest in a joint venture with Musgrave Minerals Limited (ASX: MGV) at the Cue Copper-Gold Project, which is located ~20km to the east of Cue in Western Australia. Cyprium will free-carry the Cue Copper Project to the completion of a definitive feasibility study (DFS). The Cue Copper-Gold Project includes the Hollandaire Copper-Gold Mineral Resources of 51,500 tonnes contained copper (iii), which is open at depth. Metallurgical test-work has been undertaken to determine the optimal copper extraction methodology, which resulted in rapid leaching times (refer to 9 March 2020 CYM announcement, “Copper Metal Plated”, https://cypriummetals.com/copper-metal-plated/). The Nanadie Well Project is located ~650km northeast of Perth and ~75km southeast of Meekatharra in the Murchison District of Western Australia, within mining lease M51/887. The Cue and Nanadie Well Copper-Gold projects are included in an ongoing scoping study, to determine the parameters required to develop a copper project in the region, which provides direction for resource expansion work. (i) Refer to CYM ASX announcement dated 17 November 2021 “Updated Nifty Copper Mineral Resource Estimate” (ii) Refer to MLX ASX announcements: 10 March 2020, “Nifty Copper Mine Resource Update” and 18 August 2016, “Annual Update of Mineral Resources and Ore Reserves” (iii) Refer to CYM ASX announcement: 29 September 2020, “Hollandaire Copper-gold Mineral Resource Estimate” 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. 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