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Samso on Mining HQ Podcasts Ep.25 looks at the success of the Olympic Dam. Exploration is the lifeblood of the mining industry. And when you find something as big as the Olympic Dam you'll want to learn as much as you can from it. The Olympic Dam is one of the world's most significant deposits of gold, copper and uranium. Noel looks at why this is probably the best exploration example to date, why it's so successful and what key learnings we can take from this incredible model. The size of this discovery is rare and the journey taken as well. However, the takeaway should be that exploration is a marathon and it is about testing theories. Companies should be allowed to be given time and the process to happen. As David Upton pointed out in his book, the Olympic Dam is a story of creativity, persistence and faith in their abilities. These three words is what is the essence of the lesson from the discovery. Listen here: 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

There are two parts to today's podcast on Samso on Mining HQ Podcasts Ep.27 Part 1: Noel was on air with Chris Le Messurier of Mining HQ to discuss marketing and promotions for ASX companies or companies soon to be on ASX. Some of the questions that Chris asked. Should companies continue to promote themselves when the market is not reactive? When is the best time to promote yourself? How can you promote yourself? Why should we promote when we think no one is listening? Noel believes that the best time to promote yourselves is now when everyone has gone in hibernation so you should be singing the loudest. Good story telling is the best way to get the message across. In the modern digital world, impressions are how many times your content is spotted. Using short form information is the best way to test the market on your content and then use that as the best gauge to do long form campaigns. Part 2: What should investors be looking at with so much marketing noise? Ignore the emotions on Fear of Missing Out. Noel says it is back to basics to doing your own research and due diligence. There's lots of noise out there especially with short form information and it is necessary to sieve through long form information in order to make sound decisions. Listen here: 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 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.

Samso Insight Episode 108 Jump straight to: The Tale of Two Journeys What I like about Aurumin History of the Central Sandstone Project Geology of the Central Sandstone Project The Story of Aurumin The Solution to the Problem Samso's driven purpose The Samso experience has always been about identifying a good story and then sharing that on our platform with uniquely acute insights. We are fast approaching the end of 2022 which would mark our 4th anniversary. Time has passed so fast. The first official Samso blog was published in August 2018 but there were some articles that were written as far back as 2016. As Samso developed, one thing has never changed. The motivation has always been to share our Insights with a purpose to showcase the potential of every story that will allow readers, viewers and listeners to understand and DYOR. This is the first of a new series for the Samso community where I share my thoughts on the market and the companies that I feel may be relevant. As the market gets complicated and investors are running for cover, I felt it would be a good opportunity to share my thoughts on companies that have been largely ignored due to a lack of market love. It's something that I feel will give an extra viewpoint that may be of use to readers :-) The Tale of Two Journeys For those readers who have been following the Coffee with Samso series, they would know of Aurumin Limited (ASX: AUN). I have been covering Aurumin for a while and I am now more optimistic on their story. We at Samso are not recommending Aurumin as investment (we are not authorised to recommend any financial products), but rather, we are showcasing them to create awareness in the community. As an exploration geologist and thinking in that kind of space consistently, I have said it many times in the videos what I like about Aurumin. What I like about Aurumin Limited (ASX: AUN) The company's latest announcement (Released 31st October 2022) should give readers good reasons to get some research happening. The basic information is the upgrading of the Two Mile Hill Underground resource to 574koz @ 1.6 g/t Au. Why is this significant? Well, when the company took on the project, the Two Mile Hill UG resource was 500,000 ounces at a grade of 1.1 g/t Au. This upgrade is the first step to making the Sandstone project a legitimate mining proposition. When I talk to people about the potential of this acquisition, the consensus was on the ability of Brad Valiukas and his team to show that the Two Mile Hill UG resource could be upgraded. According to Brad, what will be required to make Two Mile work is this: 800oz/vm at 2g/t works well. So long as we can keep the bulk (30m high, 20m wide stopes). We are currently at 1,400 ounces per vertical meter at 1.6g/t, but there is no allowance in that for extraction percentage (pillars). Cut off grade at current gold prices is about 1g/t (plus or minus depending on the mill size), so both the resource and target have some margin. We are close, hence we will start some internal scoping work. I think there is still upside with the UG. There is room for some extension north and south, and more data could bring the grade up again. As the company manages its exploration activities, one of the main questions is, what are the steps moving forward? What will Aurumin be doing in the coming 12 months? 2Mile Hill is currently still inferred. I really want to see what I can get out of some scoping work before making a call on the next expenditure. The best place to drill it from is UG, probably from in the tonalite and drilling perpendicular to the ore zones and veins, hitting the contacts both east and west. At the moment, drilling from UG is as cost effective as drilling it out from surface, plus we would be UG at the top of the ore body, ready to mine. Some big calls to make. One of the most important aspects of any mining proposition is the combination of grade and resource. I was curious about this and I asked Brad this question, in regards to the Sandstone/Two Mile Hill project. HIs comments were as follows: On a macro scale, it is mostly about grade. But more is always better. More surface resource gives me space to mine the UG while pits are filling the mill. And, as above, some sweeteners would be good. Aurumin is now all about the Sandstone project. According to the website, the Central Sandstone Project is located 12km south of the township of Sandstone, ~520km northeast of Perth, and located on a sealed highway between the mining towns of Mt Magnet and Leinster in the East Murchison Mineral Field of Western Australia. The Central Sandstone Project comprises granted tenure covering 112km2, including two granted Mining Licenses. The Central Sandstone Project also includes a non-operating 500,000tpa CIL processing plant, all associated infrastructure, operating licenses, permitted tailings storage facility and bore field, and camp facilities located on freehold title within the nearby town of Sandstone. History of the Central Sandstone Project (Source: Aurumin Website) In excess of 1Moz of gold has been produced from surface, open pit and underground operations in the Sandstone area since the 1890s. In addition to historic mining activities, more recent gold production is variously attributed to Herald Resources Limited in the 1990s and Troy Resources Limited (Troy) from 1999 to 2010. Troy extracted and processed a combined total of approximately 4.4Mt open pit of ore at an average grade of 3.6g/t Au for production of 508,000oz gold before the operation was placed on care and maintenance in September 2010. Middle Island Resources (Middle Island) acquired the Project in 2016 and explored the Project up until 2021. In December 2021, Aurumin entered into an agreement to acquire the Central Sandstone Project from Middle Island for $12 million in cash and shares. This acquisition came with a complete package of a largely disjointed region of ownership previously. Geology of the Central Sandstone Project Gold mineralisation is hosted within the Sandstone greenstone belt within the Southern Cross Province that forms the central spine of the Archaean Yilgarn Block. The Sandstone greenstone belt forms a classic ‘hourglass’ structure at the northern end of the Diemals Dome, where two major trans-current structures, the Edale and Youanmi faults, respectively confine the eastern and western margins of the belt. The Story of Aurumin Aurumin is a low market capitalisation company that has hallmarks of greater things. As I write, the market cap is around AUD11M. This is a company with nearly 1M ounces of gold in which over 500K ounces is in the Two Mile Hill deposit. I like the gold industry and it is very rare to find a story like Aurumin. I titled this blog "The Tale of Two Journeys" because I feel that Aurumin has two journeys to complete. The production path is very clear but I think the consolidation of all the exploration upside will make them achieve the miner status much faster. The exploration that Aurumin is doing is not grassroots but to consolidate the known resources. The upgrading of the Two Mile Hill resources will continue to take place. Conversations with Brad on our Samso platform are proof that the management of Aurumin has implemented a plan and has executed it well, at this time. Coffee with Samso: Aspiring High Grade Gold Miner: Aurumin Limited (ASX:AUN) Aurumin Limited (ASX:AUN) - The Making of a Gold Miner Aurumin Limited (ASX:AUN) - Developing the Gold Mining Story Rooster Talk: Aurumin Limited (ASX:AUN) - The Beginnings of a Gold Producer. Aurumin Limited (ASX: AUN) - Central Sandstone Resource Update. When Brad and I had the very first conversation in March 2021 (COVID never existed), there were valid reasons to doubt the company strategy. The plans were new and the potential upside were vague and felt a bit far away. It was not that they could not achieve, it was more about time to complete the task at hand. If you have been in this game as long as I have, you will know that acquisition was in the air. The time to do things in this industry is measured in months, otherwise, your hare price is going to move in the wrong direction, and if that happens, it normally ends in the wrong place. The Solution to the Problem Forward to 2022, the scene is very different. The sentiment for gold may not be as flavourful as Lithium. However, one has to remember that Brad Valiukas comes from big company thinking. Big company thinkers are always looking at expansion and creating economies of scale. The recent upgrade in resources at Two Mile Hill is showing that the numbers will make the league. It's just a matter of drilling and creating more data points. The numbers will improve if the recent drilling program is a precursor of what's to come. The competitive advantage for Aurumin is the potential plus 500K ounces (Two Mile Hill Underground) of near 2g/t dirt and the Mill. Some may say that the Mill is worthless and should be replaced. However, the location of the Central Sandstone Project makes it strategic to offer a central processing center. If anyone has been in business, location is everything. The figure above will show that a central processing hub is best in the middle. It would make total sense if the central processing Hub has a good resource of gold itself. If you expand the story to include the ounces that may come up from Southern Cross and Johnson Range, you have ounces that cannot be replaced. Here is a good take away -Sandstone is in between the Gidgee and Youanmi region. A centralised processing center that only really works well for the guy in the middle. The final point is that Brad worked with Northern Star and Focus. Look at how those two companies (different fortunes) grew as a company. Northern Star had Paulsens Gold Mine and that was like a starter project. Do Your Own Research and reach out to management. Aurumin is currently doing a Rights Issue and this may be a great time to approach the company and get the facts. 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 161 is all about uranium. Orpheus Minerals Limited (ASX: ORP) is currently completing their Initial Public Offer which closes on the 25th November 2022. Download Prospectus: www.orpheusminerals.com.au/IPO Closure date of the offer: 5PM AEST Friday 25 November 2022 Simon Mitchell, the Managing Director of Orpheus Minerals Limited (ASX: ORP) shares his thoughts on a sector that rarely makes an appearance in recent media coverage. Simon has extensive experience in the uranium sector and he gives a great summary of why Orpheus is on a path that is now getting some attention. Uranium has been a dirty word for awhile and the last major market interest of substance was as far back as 2006. There was some interest a couple of years back, but that was very short lived. In this episode we focused on the Orpheus projects and what the market sentiments will be for uranium. We had a discussion of the two major styles of uranium geology. This is a great episode for new investors to get some sort of an understanding on the roll-front and unconformity style uranium deposits. Listen to Simon here We also talked about the market and why the future for uranium looks bright. Orpheus has also selected projects in two Australian states that have good uranium mining policies. Those that are looking for exposure in this sector should take a good look at Orpheus Minerals as they have two of the main points I always look for in a company i.e. a good project, and an even better management. Check out the management team and you will find that there is a great wealth of experience in the uranium space. This is very rare. There are not many uranium exploration companies that have a staple of uranium experience like Orpheus Minerals Limited. The key to the uranium industry, from an investor's point of view is the global wave of acceptance to build more nuclear reactors. According to Simon, this has already happened. This gives me the greatest confidence that the investor's position is near. Do Your Own Research but don't let this slip. Chapters 00:00 Start 00:20 Introduction 01:23 Introduction to Simon Mitchell. 02:38 Why Australia for Uranium? 03:37 Australian Uranium Province. 05:47 The Orpheus Paleo-Channel Projects. 06:15 The Orpheus Northern Territory Projects. 06:43 The Frome Project. 07:53 The Two Major Styles of Uranium Geology. 08:56 The Paleo-Channel / Roll-Front Uranium Style. 10:51 Do Paleo-Channel Uranium Projects occur together? 12:53 The Cooking Pot - Mineral System of Uranium Mineralisation. 13:56 Phosphate as a Uranium Pathfinder Mineral. 15:17 The Unconformity Uranium Geology. 20:08 Geological Unconformity Explained. 21:06 The Covid Unconformity Example. 21:25 Why is Uranium going to be in Focus? 26:33 Where is the Uranium Discussion Now? 27:44 What's the Global Nuclear Point of View? 32:34 What is the progress of Nuclear Safety? 34:46 Great Advancement of Safety in the Nuclear sector. 37:09 The Orpheus IPO Progress. 38:04 Key takeaway from Simon Mitchell. 38:39 Key management of Orpheus Minerals Limited. 40:26 Conclusion Simon Mitchell Managing Director BSC (HONS) GEOL, GRAD.DIP. APPLIED FINANCE, MAUSIMM, GAICD, MSEG Simon Mitchell was appointed Managing Director of Orpheus on 1 November 2021. Mr. Mitchell is a geologist and corporate executive with 31 years of resources industry experience in both technical and finance roles. From 2015 to 2021, Mr Mitchell was CEO and Managing Director of Southern Gold Limited, an ASX listed gold exploration company with a focus on Australia and South Korea. Mr Mitchell was General Manager of Business Development with ASX listed uranium exploration and mine development company Toro Energy Limited from 2006 until 2013 where he was responsible for managing the raising of more than US$80m. Mr Mitchell was also the lead executive for Toro in the A$280m takeover of ASX listed Nova Energy, then owner of the Lake Way-Centipede uranium project, near the town of Wiluna. Subsequent to the Nova acquisition, Mr Mitchell also negotiated a series of deals to consolidate the broader Wiluna Uranium project, doubling the resource base from 24mlb uranium oxide to more than 50mlb uranium oxide. Prior to Toro Energy, Mr Mitchell had 10 years gold exploration and mine development experience with Normandy NFM, RGC, Goldfields and Aurora Gold in Australia, Bolivia, Chile, Papua New Guinea and Indonesia, and worked for six years at the Commonwealth Bank of Australia, predominantly in Project Finance. Orpheus Minerals Limited Orpheus Minerals Limited was established to explore and discover greenfield uranium deposits in South Australia and the Northern Territory at economic grade and scale. The focus is on sandstone/sediment hosted (paleochannel roll front or structurally controlled) and unconformity (hard rock) uranium deposit types as these are typically higher grade or more simply extracted. Orpheus’s exploration focus is on the Australian jurisdictions that presently include approved and operating (or recently operating) uranium mines – South Australia and the Northern Territory. These are also the jurisdictions considered to have high prospectivity for economic uranium deposits and have the regulatory systems at both state and federal level supportive of the development of new uranium mines. Orpheus Minerals is an Australian unlisted public company, incorporated on 21 August 2020 by its current parent company, Argonaut Resources NL (ASX:ARE) (Argonaut). Following a strategic review by Argonaut of its assets, Argonaut decided to demerge its uranium exploration projects via the Offer, which is considered to be a partial, non-standard spin-out. Argonaut shareholder approval for the demerger for the purposes of ASX Listing Rule 11.4 was received on 30 September, 2022. 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 104 is with Florence Drummond, CEO & Co-Founder of IWIMRA (Indigenous Women in Mining and Resources Australia). ESG are three letters that is taking centre stage in the world of mineral commodities. ESG is a topic of discussion in every conversation but we ask, where does First Nation members fit in this discussion? In this episode of Coffee With Samso, Florence Drummond and I are discussing where does engagement with the Indigenous sector fit into the whole ESG statement. How do we measure Social Performance without making it about pointing fingers. There are many forms of engagement which are not industry specific. Crossing into other businesses to encourage participation with the company is a great way of engagement. We discuss several methods and ways to form relationships with companies and indigenous platforms which create mutual benefits. Tune in to find out more about Florence Drummond and IWIMRA. Chapters 00:00 Introduction 01:02 Where Does Indigenous Engagement Fit in ESG? 02:26 How do our sector get into the middle road? 03:43 How is the process of Indigenous people moving into employment? 04:44 How do we measure Social Performance? 06:22 Has the Indigenous sector been active in getting into the Field workplace? 10:07 What has been happening in the IWIMRA area? 11:11 90% of mineral exploration companies do not have a Indigenous policy. 12:32 Has the Indigenous suppliers increased over the time? 14:18 Other ways of engaging with Indigenous people in non-mining business. 15:18 Social engagement can be more about indigenous private business. 17:29 Why are Indigenous business not more 'In Your Face". 18:55 How does IWIMRA get involved in promoting Indigenous business. 20:49 People need to get into the media space to create engagement. 22:36 Sustainable Investments and ESG is here to stay. 23:18 Conclusion PODCAST About Florence Drummond CEO & Co-Founder IWIMRA Florence Drummond leads IWIMRA, a community for Aboriginal and Torres Strait Islander women in the mining and resources sector. Founded in 2017 with the focus of raising the profile of Indigenous women, the national network is now stepping into the international arena and engaging with all Indigenous peoples in the sector. It is an organic shift into the NFP space to better contribute towards best practice. Florence's introduction to the mining industry was as a Machine Operator. Within the 8 years of her time working directly for tier one companies, alongside her national team, she has successfully built IWIMRA as a peak body for Indigenous relations within the sector. Her international participation and experience in attending forums such as UN Commission of the Status of Women in New York and also representing Australia at the regional forum of UN ESCAP in Bangkok, has continued to shape the expectations of the network to contribute at a policy level to ensure best practice for Indigenous stakeholder engagement in the industry. In 2020 Florence was recognised as WIMUK Global Top 100 Most Influential Women in Mining, joining a cohort of influential women who continue to reflect and uphold what good leadership looks like. Check out our last Coffee With Samso Episode 95 where Florence discussed about Indigenous Women In Mining, their Challenges and Future. About IWIMRA Indigenous Women In Mining and Resources Australia Indigenous Women in Mining and Resources Australia (IWIMRA) was founded in 2017 to create a stronger connection amongst Indigenous women in Australia’s Mining and Resource sector. IWIMRA partners with industries to continually raise the profile of Aboriginal and Torres Strait Islander women and to contribute to best practice solutions. Through their lived experiences, and their narrative of Indigenous intersectionality, it is their priority to ensure the visibility, voice and quality participation of Indigenous women. IWIMRA aspires to lead with clarity and purpose. Working with industries to build solutions-driven, cross-culture influential relationships, together they continue to contribute towards a sustainable future for everyone 1. Why does IWIMRA exist? To raise the profile of Indigenous women in the mining and resources industry 2. What does IWIMRA do? As a membership based organisation, IWIMRA aims to build an online community to engage in conversation with women across the industry. Our digital platform is designed to overcome geographical barriers with the core aim to identify gaps for career progression and opportunities to improve for Indigenous women. Furthermore, promote culturally safe professional development tools, access to community of mentors, quality opportunities and brokering greater relations with key industry stakeholders. IWIMRA is focused on building capacity that is fit for purpose, to align with the innovative nature of the mining and resources industry. 3. Who does IWIMRA benefit? IWIMRA is established to benefit Indigenous Women in the mining and resources sector. Indigenous women are identified as the cornerstone of many families and communities. Indigenous women's participation and influence in the industry can be utilised to strengthen relations within the Indigenous workforce, to promote retention initiatives. From a global perspective, Indigenous women are identified as most vulnerable, in their opportunities to innovate with the fast paced society. The mining and resources industry is informed by global instruments such as the Sustainable Development Goals 2030. 4. How will IWIMRA achieve its goals? IWIMRA will achieve its goals by strengthening its digital platform, which encompasses key focus areas that include: access to professional development pathways services, community of mentors and relations & investment by employee companies. This partnered approach to raising the profile of Indigenous women in mining and resources, will ensure transparency, accountability and ownership. 5. What does success look like? Success for IWIMRA will be a self sustaining network of confident, capable and informed women. Leading the conversation internally for specific Indigenous initiatives and contributing to industry best practice. The success of our digital platform to facilitate robust conversations within the mining and resources industry which will continue to promote and inform best practice, with a lens that is culturally safe, future focused and fit for purpose. To learn more of IWIMRA's membership opportunities contact here. 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

Tungsten is very little understood in the investing world.  At this moment, in the ASX, there is only one company that is a significant player in the Tungsten commodity space, and that is Tungsten Mining (ASX: TGN) . In my opinion, this will be the next EV story. I believe that it is time for tungsten to take on The Next EV Story. Elon Musk famously starts his PhD thesis on a topic related to Tungsten Battery.  Tungsten is a rare metal, and to my knowledge, there is only one real high-grade deposit (Cantung Mine, Canada) that is economical to go into production.  Hence, it is not a simple commodity to make into production. This commodity is all about a large-scale and low-grade scenario. Anyone tells you otherwise is gunning for a job :-). As we move into the high tech space, tungsten properties become increasingly important. It is not a high usage metal, but it is of high value mainly due to its rarity status in the commodity world. WordPress Carousel Free Version What is Tungsten? Wikipedia has the following brief about Tungsten. Tungsten , or Wolfram , [7] [8] is a chemical element with symbol W and atomic number 74. The name tungsten comes from the former Swedish name for the tungstate mineral scheelite , from tungsten “heavy stone”. [9] Tungsten is a rare metal found naturally on Earth almost exclusively combined with other elements in chemical compounds rather than alone. It was identified as a new element in 1781 and first isolated as a metal in 1783. Its important ores include wolframite and scheelite . The free element is remarkable for its robustness, especially the fact that it has the highest melting point of all the elements discovered, melting at 3422 °C (6192 °F, 3695 K). It also has the highest boiling point , at 5930 °C (10706 °F, 6203 K)[ citation needed ]. Its density is 19.3 times that of water, comparable to that of uranium and gold , and much higher (about 1.7 times) than that of lead . [10] Polycrystalline tungsten is an intrinsically brittle [11] [12] and hard material (under standard conditions, when uncombined), making it difficult to work . However, pure single-crystalline tungsten is more ductile and can be cut with a hard-steel hacksaw . [13] Tungsten’s many alloys have numerous applications, including incandescent light bulb filaments, X-ray tubes (as both the filament and target), electrodes in TIG welding , superalloys , and radiation shielding . Tungsten’s hardness and high density give it military applications in penetrating projectiles . Tungsten compounds are also often used as industrial catalysts . Tungsten is the only metal from the third transition series that is known to occur in biomolecules that are found in a few species of bacteria and archaea . It is the heaviest element known to be essential to any living organism. [14] Tungsten interferes with molybdenum and copper metabolism and is somewhat toxic to animal life. [15] [16] What is Tungsten for? Some typical use of Tungsten, Historically and commonly used as filaments in incandescent light bulbs.  Alternative lighting has replaced these light bulbs. Used in electric contacts and arc-welding electrodes. Used as alloys, such as steel. It is most famous for being used for armour plating and armour piercing “objects”. Tungsten carbide is the main component in Cement carbide. The high strength makes it ideal as a cutting tool for machining of steel. X-ray tubes for medical use have a tungsten emitter coil, and the screen used to view X-rays rely on calcium and magnesium tungstate phosphors to convert x-rays into the visible blue light. Used in microchip technology and liquid crystals displays. It is also one of the items used to help our phones vibrate. NanoBolt Lithium Tungsten Batteries (source: www.gray.com) Researchers at N1 Technologies have been working on battery anode materials.  They added tungsten and carbon multi-layered nanotubes that bond to the copper anode substrate and build up a web-like nanostructure. This layer formed a vast surface for more ions to attach to during recharge and discharge cycles. That makes recharging the NanoBolt lithium tungsten battery faster, and it also stores more energy. Nanotubes are ready to be cut to size for use in any Lithium Battery design. source: https://www.gray.com/news/blog/2016/05/10/5-new-battery-technologies-that-will-change-the-future Fast Charging Battery (source: www.physicsworld.com ) One of the studies that have happened in Tungsten batteries is that they can charge quickly.  Traditional Li batteries are still lagging in this department. Kent Griffiths is one of the researches who publish a finding on “Niobium tungsten oxides for high-rate lithium-ion energy storage”. (source: https://physicsworld.com ) Researchers at the University of Cambridge in the UK  have shown that two complex niobium tungsten oxides can intercalate large amounts of lithium even when the oxides are microns in size. The new work will be necessary for developing systems that require high power delivery and fast charging ( think of a mobile phone that could be fully charged in just minutes ). It could also have implications for solid-state energy storage for example, in electric cars, and grid-scale storage for solar power. It is all about Nano Technology and Tungsten Carbide. The basic concept is that using the conventional Li battery structure, the need for high-speed charging will cause the current structure to overcompensate and explode and this was probably the problem with the Samsung Note issue.  The use of the tungsten niobium compound will allow a more stable environment for high-density storage and high-speed charging. One of the reported niobium tungsten oxides is built from 4 x 5 blocks of (Nb, W)O6 octahedra that are connected along shear planes, he adds. The other, the “bronze-like” phase, is held open by pillars of oxygen that prop open the atomic layers.  Both compounds are easily synthesized and allow lithium ions to quickly move through them in 3D. Their architectures also make them more rigid than other battery materials. “They may be able to safely offer higher densities at high discharge/charge rates and could thus be used in systems requiring high power delivery and/or fast charging, possibly in combination with a lower rate, high-energy-density batteries,” he says. The fact that they can readily be produced without any additional chemicals or solvents is another point in their favour. I have seen research on this technology since 2009.  The critical component is the introduction of tungsten to help alleviate the heat issue. This is where nanoengineering comes into the picture. The researchers at the University of Central Florida created supercapacitors made from nanowires composed of a one-dimensional core (made of highly single-crystalline tungsten trioxide) wrapped with two two-dimensional shells (made of tungsten disulfide) that are separated by a subnanometer gap. The research is reported in the American Chemical Society journal Nano . — www.forbes.com What Does This All Mean? If you have read my earlier article , you would know my thoughts on Tungsten.  Sometimes when you are too close to the picture, it is hard to see the wood from the trees.  I was passionate about the tungsten market, but there was always one issue that I could not understand.  The demand and supply dynamics of tungsten.  The recent pricing seems to indicate that it has come up from the low USD$200+ per MTU.  However, there does not seem to be any catalyst in the market to make it run to the highs of 2011 of USD$450 per MTU. The biggest problem for Tungsten is the view that there is a shit load of Tungsten in China.  The buyers are mostly Chinese, and there are not that many money making tungsten mines in the world. If there are no massive subsidies given or “artificially” given for the survival of the project, I don’t see too many mines coming on stream. If that is true, you would expect a spike in the pricing or a future spike.  The truth is there is no evidence of that happening, why you ask?  I want to know also… 🙂  In fact, there is strong evidence of the reverse. Maybe the catalyst is in all these new uses of Tungsten.  I believe that the specific properties of Tungsten, the high melting point, will be the one that will make the commodity more critical than any other product.  The fact that the metal is dense, durable and has a high melting point will be what is required by the high tech industry. As the marketplace continues to devour things of high efficiency, the speed of work and storage capacity, you will need metals or commodities that can handle all of those.  All the research I am seeing is there is a flow towards technology. The traditional use is still pumping along, except for light bulbs.  So the demand will always be there, and if I am correct, the new technological applications may push tungsten to new highs. It was only a few years ago that I learned of the research of tungsten batteries.  When I Googled for information, there were not that many.  However, times have changed as there are ample research papers on this topic now.  It also appears that the researchers are well advanced. Conclusions My conclusions are of optimism and pondering why this market should not be higher.  I belief that there will be a lot of demand created from the specific properties of tungsten.  The new tech, the new EV requirements will be my optimism. The lithium industry will see some downfall is my long call. My ponderance is what is the real story on supply.  If you believe that China has found a large deposit as reported in 2012, then there is no more need to waste money on deposits anywhere in the world.  We should stop exploring and mining for tungsten.  Why has the price not been deflated?  Is this like how the oil cartel has kept the oil price from falling all those years by delaying supply? I don’t think I can have an answer to that question and only time will tell. What I will reaffirm is my confidence that Tungsten may well be the next flavour of the month…..  When will that happen? That is a good question… 🙂  It is all about the value proposition for investors. Also Check for :-  Solar Energy – Could we alter the Climate? 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. www.samso.com.au 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

Rooster Talk Episode 66 is with Julian Ford, CEO of Riversgold Limited (ASX: RGL). The exploration for lithium is now expanding to all corners of the Australian continent. The obvious places are now covered. The understanding of LCT pegmatites are now a common language. Check out the previous Coffee with Samso with Riversgold At today's Rooster Talk, Julian updates us on the mineralisation at Tambourah and discusses what the results mean for Riversgold and where management is taking the company. There are some great notes on the LCT pegmatite science and the methods that are being employed by Riversgold in their search for discovery. The geological understanding of where more pegmatites can be found now lies in understanding the geological science that produces these geological bodies. Take some time, listen to the episode and use the information as part of your DYOR process. Chapters: 00:00 Start 00:20 Introduction 00:56 The announcement. 03:45 The relationship between Lepidolite and Spodumene. 06:18 Lithium Exploration is still early. 07:41 The Lessons from the results. 09:36 What is your Exploration Strategy Now? 11:31 How should Investors look at Riversgold Now? 12:54 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 Julian Ford Chief Executive Officer Mr Ford has 30+ years experience in the mining industry with global experience including Australia, Africa, South East Asia and South America. Mr Ford has held senior positions within several major resource companies including Alcoa, British Gas, Western Metals Limited. Since 2004, Mr Ford has focused on managing a number of successful start-ups, including transitioning a number of these from concept/exploration to production. Mr Ford holds a degree in Chemical Engineering from the University of Natal, a Bachelor of Commerce from the University of South Africa and a Graduate Diploma in Business Management from the University of Western Australia. He has been a member of the AusIMM for 20 years. About Riversgold Limited (ASX: RGL) Riversgold Ltd is an ASX-listed exploration company focused on discovering and developing large lithium systems in the world-renowned Pilbara and Yilgarn cratons of Western Australia. In early 2022, the Company acquired a suite of four lithium-prospective exploration tenement applications covering 164km2 in the Pilbara region. The key Tambourah Project is underexplored and has the potential to host a major lithium-caesium-tantalum system much like the nearby Pilgangoora and Wodgina deposits. Further, the Company has acquired a tenement package of 292km2 prospective for lithium in the Southern Cross-Marvel Loch region of Western Australia as well as securing an option to acquire 80% of tenement E77/2784 immediately to the east of the globally significant Mt Holland lithium project in the same region. The Riversgold portfolio also offers strong exposure to gold and nickel through its large landholding at the Kurnalpi Project in the Yilgarn. 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 Insights Episode 106 Jump to section: Meanwhile, in Australian Mineral Resource Small Cap Sector... Exploration Discoveries are still awakening Investors The Lithium and REE Story Gold and the Path Forward What is Happening with Gold Equities? What Does All This Mean? My Fear Conclusion Investors in the Australian Stock Exchange (ASX) are scattering for cover as global markets went on a volatility roller-coaster the last six months. Last week when people thought that the end was near, the Fed decided to raise even more and that brought markets more heartburn. Investors are now well and truly running into the caves to get an early start to next winter's hibernation. Figure 1 below is a daily chart of the Dow since 2015. The 5th of January looks like the last green bar before the market turned south. There was an attempt to reverse the trend middle of August but that failed as well. What will be interesting to see is if the bulls have enough power to resist the bears now. Figure 1: The daily chart for the Wall Street Cash chart from Ig Markets. As the world continues to go through rate hikes to curb the inflation yardstick, the equity investors are sitting on the sidelines, licking their wounds or just waiting for the green light from the Investing Gods. Investors, long term investors are pretty comfortable as you can see in Figure 1, the Dow has moved in the right direction for a while since January 2022. The slope of the bearish tone seem to be flattening which may be a good sign. Meanwhile, in Australian Mineral Resource Small Cap Sector... While the big end of town is pondering the ins and outs or global equities, the small end of town has pretty much gone aground. I tell people that we are now in the good old days. The last two years was an anomaly like the whole COVID story. The market (small cap mineral resource) that we are in now is pretty much what it was like for most of my time (over 30 years) in this sector. When you speak to punters today, the main narrative is that the lithium boom is hanging in there and the REE sector is running second. Nobody is paying attention to gold, copper, nickel and even to some degree the "rest" of the periodic table. Exploration Discoveries are still awakening Investors A recent discovery by WA1 Resources Limited (ASX: WA1) which was announced on the 26th October 2022 was titled "Discovery of Niobium m-REE Mineralised Carbonatite System" and it has thrown the spotlight into the sector. As you can see in Figure 2 below, the market was definitely excited. As this is always the ultimate test of relevance, it is a relevant discovery. Figure 2: The share price chart for WA1 Resources Limited (ASX: WA1). (Sourced from www.commsec.com.au) I met Paul Savich in May 2022 and we discussed his projects and the potential of coming onto Coffee with Samso to showcase WA1. I have always liked the Arunta Block as this is one of the very few remaining provinces that has not been "fully" explored. We spoke about how the remoteness of the area has stopped historical explorers from being efficient. In fact, if I am not mistaken, the remoteness and the lack of an agreement with the local traditional owners have completely shut this area from previous explorers. It will be interesting to see how this journey goes for Paul and his team at WA1 Resources Limited. Irrespective of the journey, this shows that although the market is asleep and anxious, a good discovery, a real discovery is welcomed. A good discovery will always be a better result than a good nearology play or a flavour of the month play. The Lithium and REE Story I don't think there is any need to say that this is a booming sector. In fact, a couple of very well known identities in the industry were heard laughing at how easy it was for companies in this sector to raise money. They joked at how the word lithium was a guarantee of investment wisdom. Investors need to understand that the lithium industry is no different to any other commodity. You explore, you find the resource but it has to be an economical deposit. As Allan Kelly from Miramar Resources Limited (ASX: M2R) once said in his Coffee with Samso, you need to find an economical deposit. I don't think the investors out there have put value into the potential economical project. The scarcity of the commodity, lithium, may force the price up higher but you still need to have an economical deposit. The existence of a pegmatite or some rock chip is not the prelude to an economical lithium deposit. This is the same for the the REE hopefuls out there. To get a good understanding of what the REE industry needs to focus on, have a look at the Coffee with Samso with Brett Hazeldon from OD6 Metals Limited (ASX: OD6). Brett has given a great conversation about Investing in REE 101. This is a great time for the REE players to entrench their tory. It looks like the dynamics is changing with the government finally making noises of supporting the critical metals sector. The time for the REE players to shine is now and if the geopolitical overtures are correct, the Non-China governments are finally going to support the Non-China REE story. Gold and the Path Forward There may be an argument if there is a value in gold but people need to understand that, like hydrocarbons, gold is not going away anytime soon. The narrative on gold has come and gone and in my thirty year plus years, this has been up and down like a yoyo. Figure 3: The weekly price chart for Gold. Sourced from www.gold.org. In a very inflationary time and if you take the geopolitical situation, you cannot ignore the long term thematic of gold. The long term nature of gold as shown in Figure 3 may give a clue as to how it has performed over the many decades. I remember in the mid 1990s, gold crashed from a high of USD425 to less than USD250. The gold price in AUD has been performing well since 2014 and seems to be tracking well. What is Happening with Gold Equities? In terms of equities, let's have a look at Newcrest Mining Limited (ASX: NCM) (Figure 4) and Northern Star Resources Limited (ASX: NST) (Figure 5). The charts have not been kind to these guys as well, hence, reflecting the sentiment of the market. What is not reflected in the share price charts is that they are still making good money. The margins are still good but investors get spooked by the falling share price. Figure 4: The share price chart for Newcrest Mining Limited (ASX: NCM). (Sourced from www.commsec.com.au) As Warren Buffet professes, buy the business and not the share price. He has consistently been telling the public, the business just happens to have a share price as well. It is this kind of thinking that drives one to be positive on companies that have a driven business. In our sector, this means that they are either a promising producer to be or an exploration company that holds a great deal of exploration upside. Figure 5: The share price chart for Northern Star Resources Limited (ASX: NST). (Sourced from www.commsec.com.au) What Does All This Mean? When you look at the state of the market, there is a lot of fear and uncertainty. Even the lithium stocks had a bearish tone but only until about mid July 2022 when they seemed to all turn up. In general, these stocks are doing well, and the chart you see in Figure 6 is pretty much what you will see in all Lithium companies. Figure 6: The share price chart for Pilbara Minerals Limited (ASX: PLS). (Sourced from www.commsec.com.au) One major difference in the chart is that the sharpness in the rise of the rebound post mid July is much stronger for Pilbara Mines because they are one of the only two real lithium producers in Australia. If you look at the small companies with good lithium stories, this rebound was flatter. It was still a rise but less prominent. Gold stocks which used to be the darling of the sector is experiencing the reverse. Copper and Nickel, the other main players in this sector are all experiencing the same trend. Does this make sense? Does the market think that the world only needs lithium? Many commentators are saying that the long term view is still positive for the non-lithium stories. The issue is that the wave of Lithium sentiment is bypassing everything else. The fear from the global financial concerns is driving people out of these markets. My Fear The fear I have for this sector is that like all market darlings, there are those that genuinely have a story and there are those that have an uneconomic story. There are numerous stranded projects of all sorts of commodities in the world. The reason they are still stranded is because it is uneconomical then and is still now. No amount of money spent or no amount of rising commodity price will make them economical. These assets are great for those wanting to mine the market. Don't get me wrong, great wealth has been created with these assets. I don't begrudge this process but when they are in the mass amount that is now in the market, I am worried that when the bubble begins to open up, it will create a bearish wave which this sector will need a long time to recover from. Conclusion Most of us who have been around this sector for many decades will say that we have seen it all. I have been telling people that the last two years was not normal. The sharpness of the price rice and the amount of money raised, that was not normal. The EV Revolution and the need for commodities, now that is new but it is a long term proposition. The long term fundamentals are in place and it will manifest itself soon. The downturn of the market was in some way caused by the COVID restrictions in China and the Ukraine war. The inflationary pressures were always going to come so that threw a spanner in the works. Is there a light shining at the end of the tunnel? Yes, definitely. What worries me is the impending demand rush for lithium because there is not going to be enough lithium to go around. The brine lithium story will also have the same issues as capital for those are high. The demand for copper and nickel will most likely bust soon. As I write, the copper price jumped to $3.71 on the 4th November 2022, which is almost the last high in September 2022. It is still a way to the $4.70 mark in April 2022, but it is a jump which sometimes is the trigger which may spark the market. The last words are, use this time to DYOR and look out for something to take a position. This level will not be around for long. The market commentary seems to be gaining pace towards some recovery in the near future rather than the opposite. Always remember, Do Your Own Research, seek professional advice and don't take Samso as the gospel truth. :-) Listen to Part 2 of Noel's Podcast with Mining HQ on "What should investors be looking at with so much marketing noise?" Happy Reading. 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. d

Coffee with Samso Episode 157 is with Julian Ford, CEO of Riversgold Limited (ASX: RGL). The lithium sector has been red hot the last two years and all evidence are pointing to another long bull run. The narrative of the supply shortage of lithium is gathering pace and even I am on the band wagon now. One of the most important point that readers need to understand is that lithium in an economic deposit is not easy to locate. In my opinion, in the immediate short to medium term, two things will happen. First is that the price of lithium will go significantly higher. The second is that the demand and the pricing will drive more exploration for lithium. The need to find more will be a driver for more exploration activities in Western Australia and Australia. Canada and the United States will see more activity as well, but I sense that the activity here in Australia will be the major player. Hence, there is a need for investors to understand how this will happen. What the oncoming results mean will be critical. Check out the previous Coffee with Samso on Lithium: Red Dirt Metals Limited (ASX:RDT) - A Lithium Gem within a Gold Mine. Pan Asia Metals Limited (ASX: PAM) - An Economical Lithium Story in Thailand. Critical Resources Limited (ASX: CRR) has both critical metals - Lithium and Zinc. Is Mining Zinnwaldite an Overlooked Lithium Source? Pan Asia Metals Limited (ASX: PAM) banks on a Lithium Project with a Low Cost Structure Strategy In this episode of Coffee with Samso, I have Julian Ford sharing with us his take on the industry. I wanted Julian to give us a good understanding of what the companies are doing, how they are doing it and what the results mean in the scheme of finding the motherlode or the Holy Grail. As you watch the episode, I hope you take what Julian is sharing as a way to view the landscape of the business. Julian gives us a good review of how Riversgold is exploring and why they have high hopes for their Pilbara projects. I mentioned that there is not much knowledge about how to find and where to find the infamous LCT pegmatites as the search for these pegmatites has only been two to three years old. As an exploration geologist, I used to wander the wilderness in search for boring things like alteration in rocks, sharing, quartz veins...etc. That was my favourite past time. Exploring was an exciting activity for me. You just never know what you may find. Sometimes you see lots of pegmatites and they are famous as pretty crystals of tourmaline. Who would have thought that these pegmatites will one day have more value than just being pretty tourmaline crystals? Take some time, listen to the episode and use the information as part of your DYOR process. Chapters: 00:00 Start 00:20 Introduction 01:14 About Julian and Riversgold. 02:55 Is West Australia the place to be for lithium? 04:51 Rundown on Riversgold projects. 07:49 The business of lithium. 16:31 Are pegmatites the beneficiating system? 20:06 The effectiveness of geophysics. 22:17 LCT model. 23:50 Looking for pegmatites. 25:32 Percentage of pegmatites that are LCTs. 27:38 How to evaluate a project? 30:56 Are pegmatites normally shallow? 32:04 More underground mines as time progresses? 33:36 Riversgold Board. 34:45 The lithium market. 37:10 News flow. 39:33 Why Riversgold? 40:48 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 Julian Ford Chief Executive Officer Mr Ford has 30+ years experience in the mining industry with global experience including Australia, Africa, South East Asia and South America. Mr Ford has held senior positions within several major resource companies including Alcoa, British Gas, Western Metals Limited. Since 2004, Mr Ford has focused on managing a number of successful start-ups, including transitioning a number of these from concept/exploration to production. Mr Ford holds a degree in Chemical Engineering from the University of Natal, a Bachelor of Commerce from the University of South Africa and a Graduate Diploma in Business Management from the University of Western Australia. He has been a member of the AusIMM for 20 years. About Riversgold Limited (ASX: RGL) Riversgold Ltd is an ASX-listed exploration company focused on discovering and developing large lithium systems in the world-renowned Pilbara and Yilgarn cratons of Western Australia. In early 2022, the Company acquired a suite of four lithium-prospective exploration tenement applications covering 164km2 in the Pilbara region. The key Tambourah Project is underexplored and has the potential to host a major lithium-caesium-tantalum system much like the nearby Pilgangoora and Wodgina deposits. Further, the Company has acquired a tenement package of 292km2 prospective for lithium in the Southern Cross-Marvel Loch region of Western Australia as well as securing an option to acquire 80% of tenement E77/2784 immediately to the east of the globally significant Mt Holland lithium project in the same region. The Riversgold portfolio also offers strong exposure to gold and nickel through its large landholding at the Kurnalpi Project in the Yilgarn. 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.

Taiton Resources Limited (ASX: T88) appoints Noel Ong as Managing Director. The Taiton Resources Limited IPO is now live. The search for the mega deposits begins within the new mineral province of the Highway project. As I always say, and it cannot be said often enough, exploration needs the key ingredients of time and patience. You have to get out there and explore, and accept that discoveries don't happen overnight. Taiton Resources Limited is a mineral exploration company focused on projects in Western Australia and South Australia. They were previously listed on the ASX (previous stock code SYS) and are seeking re-listing on the ASX at a suitable time in the future. What Taiton is doing is they are exploring in a mineralising system, or a cooking system. Once you find a system, you'll find your metals. Taiton's Prospectus is now live and ready for download. All Roads Lead to Rome The Taiton Resources story is all about the Highway project. The Highway project is the company's flagship project and it is all about the existence of a Mineral System. This part of the South Australian mineral map has been misunderstood and overlooked as an area of prospectivity. Historical explorers had walked the area, drilled, sampled, used geophysics and left as they did not find any evidence of a IOCG system. Taiton has First Mover Advantage in consolidating a large tenure of over 2,900 square km because of good timing of technical data released by South Australian Mines Department (Figure 2). Work by the company has provided evidence that the region may be more prospective than reported by previous explorers. One of the compelling evidence of prospectivity is zircon age dating carried out by the company. The results showed that the age of the basement rocks is indeed similar to those that are present in Olympic Dam. This inference has given the company a great amount of confidence in looking for porphyry or IOCG type mineralisation. Another part of the lining of the ducks is that published data has also shown that the majority of the tenements has very shallow cover of no more than 50m (Figure 1). In the main Merino prospect, the cover to basement is in the range of 0 to 20m. Figure 1: Residual gravity contours within Highway tenements over depth to basement. CSIRO work has also shown that the area where Highway is located is also the area of interest based on the amount of hydrochemical anomalism. Taiton's Projects Taiton has a number of interesting projects across Australia (Figure 2). And with some exciting characteristics as well. Figure 2: Regional map of all the projects of Taiton Resources Limited (ASX: T88). Highway Project and Challenger West Project (South Australia) Taiton acquired a total of 3,927 km2 of granted tenements in South Australia (Figure 3). The Highway project has potential for polymetallic mineralisation in an environment rich with hydrochemical activities. It has historical drilling results that confirm the presence of mineralisation 2,930 sqkm. Other strong points include having a great infrastructure along the Stuart Highway and strong geophysical indicators. Figure 3: Regional location of South Australian Projects (TMI background). Situated near the Challenger Gold Mine, the Challenger West Gold Project is located in a prospective area with little historical exploration. However, recent exploration in the area is showing that there is potential for interesting discoveries. We are talking about the presence of abundant supergene gold opportunities. Lake Barlee Gold Project (West Australia) This is a Salt Lake story with ready to drill targets which are vectored by deep seated structure with hidden Greenstone Belt (Figure 4). Taiton is chasing a system that is analogous to the 2.6Moz Big Bell deposit in the Cue region. From their study, Taiton concluded that a comparison between the RTP and analytical signal suggests that part of the host sequence is remnant, due to the presence, in the Big Bell analogy, to monoclinic pyrrhotite and mafic units comprising the potential ore host rocks. Gold mineralisation is associated with distinct magnetic highs within a weakly magnetic felsic volcanic host. A high magnetic susceptibility is due to abundant disseminated pyrrhotite at the Big Bell and may be the case with the Lake Barlee UAV magnetic targets. Figure 4: Regional locality of Western Australia Lake Barlee Project (TMI background). Looking to the future Taiton Resources Limited is on the lookout for future proof commodities. Mineral exploration companies are expected to stay on track with developments around the world, and a company that cannot keep up with our current 2020s Industrial Evolution is going to fall behind. Base metals are in, as we undeniably move into the No Emissions world. If one is looking for elephants, one cannot be too modest. Taiton Resources Limited has set its sights on world-class large conceptual targets. It has a fully underwritten IPO of AUD 7M with projects that will be explored to prove New Concepts and Discovery of Tier 1 deposits. Is there going to be an elephant discovery for Taiton? We´re keeping our eyes and ears open for some news. About Taiton Resources Limited Taiton Resources Limited was previously listed on the ASX (previous stock code SYS). Taiton Resources Limited (ASX:T88) has launched an initial public offering of a minimum of 35,000,000 Shares and a maximum of 50,000,000 Shares to be issued at a price of $0.20 per Share to raise a minimum of $7,000,000 under the IPO has been underwritten. They are an early-stage mineral exploration and development company that has a Shallow Mineral System within the Olympic Dam Mineralising Event. Their dominant land holding at the Highway Project will allow them to potentially uncover the Next Elephant Deposit in Australia. The company has projects based in South Australia and Western Australia. 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. Read Brilliant Investments

Samso Insight Episode 99: The world of marketing has been changing since the onset of the internet. Digital marketing is now at its most mature where it has evolved into a precise targeting tool. There are many misconceptions that digital marketing is all about posting pretty pictures and random phrases on social media platforms. The word engagement is often used too loosely to mean someone is listening to or watching your marketing. In this episode of Samso Insights, we are talking to Ali Raza from Invicta Agency. Ali has a wealth of experience in this field and we have been talking about engagement, targeting of engagement and what digital marketing can do in terms of minimising the cost of marketing. Today's Samso Insights is about reaching out to connect with customers and providing the story of business. The translation and the projection of messaging is really important as the subtle points often create the most impact. In the world of mineral exploration companies in the Australian Stock Exchange (ASX), there is a lack of understanding of the need to have a brand. The aspect of branding is the key to every business that is out in the marketplace. The act of branding is also the cornerstone of every human being. We brand and market ourselves individually every day to our families and friends. In some ways, branding is the end result of a digital marketing phase. Marketing in its traditional form is no different to today's digital marketing conversations. The formula is the same but the way we do it is different. I remember a video I watched a decade ago where the narrative was that the hunter who goes into the forest to hunt for customers comes out empty handed. He meets a guy and asks, "Why are there no customers in the forest?" The reply was, "The customers are now all around water holes called Google, LinkedIn, Twitter...etc." As Ali Raza points out, the digital marketing space is all about Recent, Frequent and Relevant. It is this change in view points that is key in getting noticed in the marketplace today in 2022. Chapters: 00:00 Start 00:20 Introduction 01:13 Ali talks about Invicta. 03:48 Is there a platform that works for a specific industry? 10:55 The types of content. 11:59 Fitting the content into the marketing strategy. 13:37 How important is branding? 16:55 A sector where branding is less relevant. 20:27 How important is viewership? 25:46 The concept of retargeting. 31:03 Does subtleness work? 34:31 Building the strategies. 48:44 Narrating the value of the product. 51:17 The evolvement of digital marketing. 54:56 Invicta moving forward. 59:27 Massive untapped opportunities. 1:00:26 Conclusion PODCAST Digital Marketing can be an intriguing and exciting area to explore, and here´s more to get you interested. I interviewed Veronica Lind, Business and Marketing Strategist of Vermilion Pinstripes and CEO of Brilliant-Online about her concept of Modern Marketing. She shares Vermilion Pinstripes´ mission to make businesses happy and what Branding for ASX Companies looks like. It´s all about helping brands build business confidence and refining their relationships with customers and business peers, through marketing and communications technology. About Ali Raza CEO & Director Ali Raza is a digital growth expert and the founder and CEO at Invicta Agency. He’s advised a host of companies, over the last 15 years, on designing marketing and sales systems to reach new audiences, scale revenue and drive brand growth. About Invicta Agency Invicta Agency is a digital growth firm that designs demand generation and sales enablement strategies for growth-driven companies. The team at Invicta leverages a range of digital platforms, design and development, to enable organisations to scale their revenue, brand and audiences. 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. 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