Coffee with Samso Episode 77 with Scott Williamson, Managing Director of Blackstone Minerals Ltd (ASX:BSX) Blackstone Minerals Limited (ASX:BSX) is now positioning itself to be part of the sector supplying the battery market. I have been a big fan of Blackstone for a very long time. Followers who have been with Samso since the beginning will know that I have been sharing their story since 2019 when they were just AUD$0.15. In fact, I have just realised that they went down to AUD$0.08 during COVID. In the early days, the story was focused on whether they would be able to come up with good drilling results which was to be followed by the probability of "resources". The next step would be the obligation to show the competency of the existing plant. In the last episode of Coffee with Samso with Scott, he mentioned the beginnings of a downstream strategy, Producing Nickel for the EV Revolution - Blackstone Minerals Ltd (ASX:BSX) . Scott Williamson outlines why their nickel products are of the highest quality. In this episode of Coffee with Samso, Scott Williamson tells us about how the company intends to make the best battery products for the industry. There is going to be a supply issue. The biggest deal breaker for the battery market is a lack of nickel sulphide concentrates. As I have mentioned before in the other Coffee with Samso, the whole business of finding more nickel metal is a forgone conclusion. The relentless results coming out from Vietnam is now boring me. It is now just a matter of time for a re-rating of the company. Would I buy Blackstone now? I have been asked many times if BSX is still a buy at the current price. My simple answer is similar to what Rick Rule mentioned in our last Coffee with Samso. Look at 35:54 | Rick and Paladin - The story of Investing in Mineral Explorers. Commodities and Equities: Advice from Rick Rule - Episode 70 The story that Rick tells is the best answer to any investor's questions of entry timing, understanding the value and letting that dictate your decision. PODCAST About Scott Williamson Managing Director Blackstone Minerals Limited Qualifications: BEng (Mining), BCom, MAusIMM Scott Williamson is an experienced Managing Director with a demonstrated history of working in the mining and metals industry. He is skilled in Open Pit and Underground Mining, Corporate Finance, Investor Relations and Project Planning. A strong business development professional with equity capital markets experience, Scott graduated from West Australian School of Mines and Curtin University of Technology. Scott holds a WA First Class Mine Manager’s Certificate and is a member of the Australasian Institute of Mining and Metallurgy. About Blackstone Minerals Limited Blackstone Minerals Limited (ASX: BSX) is developing the district-scale Ta Khoa Project in Northern Vietnam where the company is drilling out the large-scale Ban Phuc Nickel-PGE deposit. The Ta Khoa Nickel-PGE Project has existing modern mine infrastructures built to International Standards including a 450ktpa processing plant and permitted mine facilities. Blackstone Minerals also owns a large landholding at the Gold Bridge project within the BC porphyry belt in British Columbia, Canada with large scale drill targets prospective for high-grade gold-cobalt-copper mineralisation. In Australia, Blackstone Minerals is exploring for nickel and gold in the Eastern Goldfields and gold in the Pilbara region of Western Australia. Blackstone Minerals has a board and management team with a proven track record of mineral discovery and corporate success. The Ta Khoa Nickel-Copper-PGE Project The Ta Khoa Nickel-Copper-PGE Project is located 160 km west of Hanoi in the Son La Province of Vietnam and includes an existing modern nickel mine built to Australian standards, which is currently under care and maintenance. The Ban Phuc nickel mine successfully operated as a mechanised underground nickel mine from 2013 to 2016. In the Ta Khoa Nickel-Copper-PGE Project, previous project owners invested more than US$136m in capital and generated US$213m in revenue during a 3.5-year period of falling nickel prices. The project was placed into care and maintenance in mid-2016 during some of the lowest nickel prices in the past 10 years. Existing infrastructure associated with the project includes an internationally-designed 450 ktpa processing plant connected to local hydro grid power with a fully-permitted tailings facility and a modern 250-person camp. Since commencing maiden drilling in August 2019, Blackstone Minerals has made significant progress at Ta Khoa, drilling over 9,000 m of diamond core in more than 47 holes into the Ban Phuc DSS deposit and the highly prospective King Cobra discovery zone. An initial scoping study evaluating mining and processing options is well advanced, including potential in-country downstream processing to deliver high-value nickel sulfate into Asia’s rapidly expanding electric vehicle (EV) industry. The recently announced MOU with Asia’s largest and the world’s second-largest EV battery cathode manufacturer, Ecopro BM Co Limited represents a significant step towards making this a reality. 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 78 with Ed Mead, Technical Director of White Cliff Minerals Limited (ASX:WCN) Investing in what you understand The junior explorers are feeling a bit lukewarm at the moment but don't let that fool you. As I have mentioned in most of the Coffee with Samso in the last 12 months, I have said that for many decades, the enthusiasm is unseen so tread the market with caution. Corporate finance associates in the mining sector are telling me that business is hectic and they are sup-busy. Transactions are happening and they had only a one-week break when the gold price turned. Now, they are back in business. As Rick Rule, in Coffee With Samso Episode 70, points out that most astute investors are saying they are smart but rather they have seen a lot. They will tell you that quality and a complete understanding of the business are critical. I am in this camp and this "lull" in the market can be seen as profit-taking or the market finding equilibrium. Whatever the reason for the pullback, my "two cents worth" is that the next six months will be turbulent but if you have a two to three year view, you will be happy. Most importantly, one has to understand the business of your investment. Check out Commodities and Equities: Advice from Rick Rule (27:28 Investing in What You Understand - Understand Real Value) White Cliff Minerals Limited (ASX:WCN) is now positioning to explore in New Zealand. White Cliff Minerals announcing the acquisition of the New Zealand projects is an interesting strategy. We all know that the world is now looking at the bright lights at the end of the tunnel. Investors know that it is only a matter of time when things will start to boil again. What I like about the projects is that they are in New Zealand and things will get better. New Zealand is not the super "Green" state that frowns upon all mining. In fact, it is the opposite. They have regulations like every other mining jurisdiction and they have different ways to deal with keeping the environment. The geology is good and having worked in New Zealand before, I know that the mineral prospectivity is very high. There has not been the intense exploration like in Australia and there has never been as good a time as now to source funding. There are no sovereign risk issue and there are abundant expertise in country. Hence, what is there not to like? In this episode of Coffee with Samso, Ed Mead tells us about the projects and how they fit within the present company portfolio. Ed shares with us the reasoning behind those projects and his thoughts on the prospects in the market. PODCAST About Edward Mead Technical Director White Cliff Minerals Limited Mr. Edward (Ed) Mead is a geologist with over 20 years of experience in gold and base metals exploration, mine development and mine production. Ed has also worked in the oil and gas industry on offshore drilling platforms. Other commodities that he has significant experience with and can be considered to be a competent person in are iron ore, magnetite, coal, manganese, lithium, potash and uranium. Geological areas in Western Australia that he has worked in include: the West Pilbara for base metals and gold; the East Pilbara for manganese and gold; the Yilgarn for gold; the Kimberley for base metals, gold and uranium; and the Murchison for base metals, uranium and gold. He has a BSc in geology from Canterbury University in New Zealand and is a member of the Australian Institute of Mining and Metallurgy. About White Cliff Minerals Limited White Cliff Minerals Limited is a mineral exploration company trading on the Australian Securities Exchange under the ticker code WCN. The Company is currently focusing its exploration on the Reedy South Gold Project near the Cue mining centre in Western Australia, and is pursuing a dual strategy to advance its prospective gold and nickel-cobalt projects in Western Australia. 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 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 79 with Mike Haynes, Managing Director and CEO of New World Resources Limited (ASX:NWC) New World Resources Limited (ASX:NWC) is all about de-risking a high-grade copper mining project. The Antler project is a VMS (Volcanogenic Massive Sulfide) that explains the nature of the deposit. What I like about VMS is that it is normally high-grade, occurs in clusters, has a longer LOM (Life of Mine) and the funding required is what a small-cap company can handle. In Coffee with Samso Episode 79, we talk to Mike Haynes, the Managing Director and CEO of New World Resources Limited (ASX:NWC) about the Antler Project. Mike has been working in the US since 2005 and you can tell that he has an in-depth understanding of how the business works in that part of the world. Over the years, I have been exposed to a few US projects and I have been very impressed with their technical merits. In nearly all these cases, the development potential has been good. The issue at that time was the availability of capital. The tenure of these projects has been something I found significantly different to what is present here in Australian projects or in many other places. I think in terms of project development, this can make a lot of difference to the ultimate success of a project. It is not often that one finds an intercept of 23m of ore with a grade of 6.7% Cu equivalent. It is even rarer to find that left in the ground waiting to be discovered. Mike Haynes shares with us the story of how Antler was acquired and how this will add significant value to the company. The high-grade nature of the project will shield the project from future price volatility. These are all the facets of what I like about this project. The fact is that ongoing drilling is finding better grades and bigger intersections as they go deeper. Hence, the path forward for the Antler project is all about a de-risking process towards mining. 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 13 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. Location and Infrastructure The Antler Copper Project is located in a sparsely populated region of north-western Arizona (see Figure 1). Access to the Project area is excellent; with direct access to the historical mine site by way of 20km of unsealed road that extends east from the town of Yucca (population approximately 6,000) which is on US interstate 40. A rail line passes through Yucca as well as Kingman (population 30,000), some 30km to the north. The close proximity of good roads and utilities will be advantageous when exploring and developing the Project; affording opportunities to minimise operating costs and lower pre-production capital requirements. The Antler Deposit lies within two (2) patented (private) mining claims that cover 40 acres. The Deposit is surrounded by an additional seven (7) unpatented (BLM) mining claims that cover a further 340 acres. Figure 1. Location of Antler Copper Project in Arizona, USA. Geology and Mineralisation The Antler Deposit lies within a NE-trending belt of Precambrian gneissic and schistose rocks thought to have originally been volcanic in origin. The Deposit comprises a stratabound, pyrrhotite-rich, copper-zinc volcanogenic massive sulphide (“VMS”) body. Numerous other VMS deposits, in similarly-aged rocks, are present in northern Arizona. These include the United Verde Deposit – where 33Mt of ore was mined between 1883 and 1975 at a grade of 4.8% Cu, and the UVX Deposit – where 3.9Mt of ore was mined between 1915 and 1992 at a grade of 10.2% Cu (see Figure 1). Mineralisation at the Antler Deposit outcrops over more than 750m of strike at surface. The host sequence strikes in a north-easterly direction and dips to the northwest. A complex array of tight folds has been mapped, and two north-westerly trending faults have been mapped to offset and truncate the Antler Deposit (see Figure 2). Figure 2. Mapped geology at the Antler Copper Project in Arizona, USA, including all previous surface drilling. Historical Production The Antler Deposit was discovered in the late 1800s. Intermittent production from the Deposit between 1916 and 1970 totalled approximately 70,000 tonnes of ore at a grade of around 2.9% Cu, 6.9% Zn, 1.1% Pb, 31 g/t Ag and 0.3 g/t Au. Ore was extracted over approximately 200m of strike from an inclined shaft, to a depth of around 150m (see Figures 3-5). The average thickness of ore was reported to be around 4 metres. Additional underground workings were developed to a depth of 200m – but no production was recorded from the deeper levels. Remnant Mineralisation Previous mining operations deliberately targeted the highest-grade mineralisation; with stoping undertaken only where such mineralisation was thickest. Accordingly, considerable mineralisation remains, unmined, at very shallow levels immediately adjacent to historical stopes. Between 1970 and 1975, following completion of the most recent episode of mining, a total of 19 holes were drilled from the surface and underground with the objectives being to: increase confidence in the known mineralisation immediately below the mined levels (predominantly below the “7 Level” which was developed 150m below below surface) in advance of anticipated resumption of mining; and explore for additional mineralisation. Considerable high-grade mineralisation was delineated with closely spaced drilling over an area about 150m wide by 200m down-dip, immediately below the historical stopes (see Figures 3-5). Significant intersections (in unmined mineralisation) include: 9.66m @ 3.57% Cu, 6.63% Zn, 0.82% Pb, 34.4 g/t Ag and 0.34 g/t Au (U30); 7.62m @ 2.80% Cu, 7.29% Zn, 1.61% Pb, 43.4 g/t Ag and 0.54 g/t Au (DDH12); 5.18m @ 2.90% Cu, 12.58% Zn, 2.08% Pb, 63.1 g/t Ag and 0.42 g/t Au (U16); 7.62m @ 2.47% Cu, 3.52% Zn, 2.81% Pb, 64.5 g/t Ag and 0.46 g/t Au (B-3); and 6.40m @ 1.51% Cu, 10.69% Zn, 1.95% Pb, 52.1 g/t Ag and 0.29 g/t Au (U18). Other, widely-spaced, drilling intersected additional high-grade mineralisation both (i) at depth, considerably below historical workings; and (ii) along strike from the historical workings (see Figures 3-5). Figure 3. Long section through the Antler Deposit showing previous drilling and select significant intersections in surface drilling. Figure 4. Detailed long section through the Antler Deposit showing previous drilling and select significant intersections in underground drilling immediately around the historical workings. Figure 5. Cross-section through the Antler Deposit showing previous drilling and select significant intersections in drilling. The deepest hole drilled at the Project to date (B-6) intersected high-grade mineralisation more than 400m down-dip of the lowest level of the historically mined workings (see Figures 3 and 5). Results included: 9.14m @ 1.53% Cu, 0.95% Zn, 1.10% Pb and 60.2 g/t Ag; and 1.22m @ 4.00% Cu, 7.10% Zn, 0.86% Pb and 35.9 g/t Ag and other, very widely-spaced holes along strike from the historical workings intersected high-grade mineralisation (see Figure 3), with results including: 1.65m @ 4.20% Cu, 4.13% Zn, 1.25% Pb and 66.9 g/t Ag (B-4) 1.19m @ 3.99% Cu, 9.15% Zn, 0.77% Pb, 27.0 g/t Ag and 0.17 g/t Au (DDH4); and 2.13m @ 1.66% Cu, 3.57% Zn, 0.10% Pb and 1.22 g/t Ag (B-1) The detailed drilling, immediately below the 7 Level, indicates there is substantial high-grade mineralisation that may be rapidly extracted if mining operations resume. And the results from the deeper and more widely-spaced drilling, where high-grades were returned in all but several holes, indicates there is considerable potential to delineate additional, mineable, high-grade mineralisation at the Project with further infill drilling. Historical Resource In 1975, a consultant to Standard Metals Corporation (the owner of the Project at the time), prepared a preliminary feasibility study into the development of the Antler Deposit. A mineral resource estimate was reported, which comprised: Forward Work Plans The Company commenced an initial 2,500m drilling program at the Antler Project in mid-March, 2020. The Company’s immediate objective is to delineate robust JORC-Code compliant Indicated Resources that can be used in mining studies to evaluate the potential to bring the Antler Deposit back into production in the near-term. So the priorities for the Company’s maiden drilling program are to: Undertake an appropriate amount of confirmatory drilling within a panel of “high-confidence, high-grade mineralisation” immediately below the previous stopes that have previously been drilled and sampled from underground (see Figures 3 and 4). Initial production (if mining operations resume) is expected to be derived from this area. Undertake in-fill drilling between the more widely spaced and deeper historical holes that indicate there is a thicker, high-grade “plunging shoot” down-dip of the previous stopes (see Figure 3) Undertake initial shallow drilling adjacent to historical stopes to test the thickness and grade of unmined mineralisation in these areas; and To conduct initial step-out drilling outside the “plunging shoot” to test for thicker high-grade zones of mineralisation. In parallel with initial drilling activities, representative drill core samples will be collected for metallurgical test work and geotechnical data will be acquired for initial mine design work. This information will facilitate commencement of studies into the resumption of mining and help optimise equipment sizing. Given the very high-grades and shallow nature of the mineralisation, the Company intends to initially evaluate the potential to develop a low-CAPEX, high-grade mining operation at the Project, which could conceivably be brought into production quickly. 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. 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

Coffee with Samso Episode 82 with Paul Lock, Executive Chairman and Managing Director of Pan Asia Metals Limited (ASX: PAM) is all about taking advantage of a low cost structure to create a bankable lithium mining and processing project in Thailand. When I first looked at Pan Asia Metals, I thought this was going to be another company with a great tungsten and lithium project. However, the lithium was lepidolite so perhaps that would not be in their favour. That was before talking to Paul Lock. After our coffee chat, Paul's insights have changed my views. I would say now that the company's strategy seems robust. We have to bear in mind that the lithium and tungsten projects are themselves world-class grades. I have not seen any tungsten projects with that kind of grades nor interceptions. The lithium grades are consistent and from what has been presented, I do not doubt its future potential resources. It is a very good idea to have the strategy to build a downstream processing business in the heart of South East Asia, (i.e. Thailand). Thailand is an automotive producer and it is in Asia. But as all economies are beginning to build their own strategies for the oncoming EV revolution, the idea of having Pan Asia trying to create a source of EV fuel in their backyard is a no brainer. It has been fascinating how our coffee chat progressed as Paul shared his knowledge about the whole journey of the company. It gradually became apparent that there is actually a strong case for their strategy. If you are at or near the low end of the cost curve, regardless of the commodity cycle, you should be making money and that is what you want in your project. There is now a trend towards the downstream part of the sector and it was clearly highlighted in the recent Coffee with Samso with Rick Rule entitled, Commodities and Equities: Advice from Rick Rule. This is the space that is going to make the most value-add which makes the most sense. Paul explains why having a project with the lowest cost structure is going to make more headway than those that are on the higher end of the curve. I recommend readers take a good look at this way of thinking. Remember, lithium is not a rare commodity, and it will all depends on where your market is that will determine one of your main cost inputs. Chapters 00:12 Introduction - Why PAM 01:26 How did you get the projects? 02:56 Summary of the Tungsten and Lithium projects 06:17 The advantage of being within your end product market, geographically 09:06 The Critical Metal space of Tungsten 11:24 Lepidolite Chemistry 13:36 The Low Cost Structure Strategy 15:25 The Board Structure 17:44 Reasons for Buying PAM 19:02 Why Low Cost OPEX works 21:35 The EMH Case Study 23:50 Thailand wants an EV Industry 25:58 News Flow 29:23 Conclusion - Why Low Cost Structure is Important PODCAST About Paul Lock Executive Chairman & Managing Director Pan Asia Metals Paul has been involved in minerals exploration in South East Asia since 2012, with his work in this region forming the foundation of what is now Pan Asia Metals. Before Pan Asia Metals, Paul was a corporate adviser at Everspring Partners, a boutique Sydney-based advisory firm that he founded. Before Everspring, Paul worked in corporate advisory and leveraged finance roles at the Commonwealth Bank of Australia. Paul initially focused on corporate and single asset project finance in the resource sector before moving into leveraged finance for private equity initiatives and then into a corporate advisory role where he was sector agnostic and focused on generating corporate transactions. Prior to banking, Paul worked for Rothschild & Co in Australia where he was a derivatives trader and a high yield bond investor focusing on a variety of asset classes, generally distressed or complex assets. Paul also had some involvement in structuring derivatives solutions for resource companies in conjunction with Rothschild’s corporate advisory team. Prior to Rothschild Paul worked for Japanese trading conglomerate Marubeni Corporation in the soft commodity trading division. Paul graduated from Hale School in Perth, Western Australia, and has obtained the following academic qualifications: Master of Political Economy, University of Sydney; Master of International Studies, University of Sydney; Master of Commercial Law, Macquarie University; Master of Business Administration, Macquarie Graduate School of Management; and Bachelor of Business, Marcus Oldham College. Paul is an associate member of AusIMM. About Pan Asia Metals Limited Pan Asia’s strategy is simple. It seeks to secure exploration and development assets with the potential to be positioned in the lowest or a leading third of the cost curve and which positions the Company for downstream value-adding opportunities. Cost curve positioning is paramount in our decision-making, as assets positioned further up the cost curve are generally more difficult to finance and develop. Regardless of the size or grade of an asset, if finance cannot be secured then the asset is worth relatively little. The opportunity to move downstream is also very important. In general, value-adding mine output will offer the Company better and more consistent profit margins and a larger footprint of customers, and exposure to new opportunities. Although at face value this may sound ‘optimistic’, for many specialty metals, including tungsten and lithium, value-adding can be easily incorporated into a feasibility study if the geology, geography and cost environment is right. Setting geology and metallurgy aside, as these are naturally essential requirements to achieve a low cost curve outcome, this strategy can be achieved by identifying projects that: are located in globally competitive cost jurisdictions. In Pan Asia’s case, Southeast Asia are proximal to end user markets. In Pan Asia’s case, markets for all process inputs and outputs exist throughout Southeast and East Asia are well positioned to take advantage of downstream development opportunities. In Pan Asia’s case, both tungsten and lepidolite style lithium can be value-added and the value-added output has application in markets throughout Asia are strategically located in a key market with strong economic growth. In Pan Asia’s case, the growth profiles of many Asian countries are very strong For many exploration companies it is not possible to contemplate activities past the mine gate due to geography, geology and or commodity, and/or their cost environment. In general, value-adding mine output will offer: better and more consistent profit margins a larger footprint of customers exposure to new opportunities 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. 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 35 with Michael Bohm, Chairman of Riedel Resources Limited (ASX:RIE) is all about extending the potential of their exploration reach. The current announcement that was released on the 19th April 2021 is a clear sign that the mineralisation in the Kingman project is not localised. As described by the company, this shows that the 1.8km anomaly exists and there are exciting times ahead of us. When Michael Bohm, Chairman of Riedel Resources Limited (ASX:RIE) approached me to make the first Coffee with Samso, I was very impressed with what I saw from their previous exploration. With the current exploration results, I am convinced that with careful management of exploration funds, there is an interesting mineralising system here to be discovered. Since the previous chat with Michael Bohm on Kingman and New World Resources Limited (ASX: NWC) about the Antler Project, I am now fairly bullish on this region. Both projects have great results and the polymetallic nature is encouraging. In this Rooster Talk with Michael Bohm, Chairman of Riedel Resources Limited (ASX:RIE), Michael talks to us about the recent drilling results from the Kingman Project. Michael shares his insights on how this mineralising environment has historical results and adjacent projects that have been mined historically. Chapters: 00:00 Introduction 01:20 What the company make of the results. 02:36 Could this be a VMS? 04:25 Market Reaction 05:53 Why Jims is an "Interesting" project. 07:22 Numerous Drill Targets at Kingman. 08:25 Revealing the 18km Anomaly 09:39 News coming up 10:38 The Riedel Team 13:18 Cooking Spot for Mineralisation 13: 42 Conclusion PODCAST About Michael Bohm Chairman BAppSc (Mining Engineering) Appointed: 12 December 2020 Mr. Bohm is a qualified mining professional with extensive Corporate & Operations experience. Michael has extensive minerals industry experience in Australia, South East Asia, Africa, Chile, Canada and Europe. A graduate of WA School of Mines, Michael has worked as a mining engineer, mine manager, study manager, project manager, project director and managing director and has been directly involved in a number of mine developments in the gold, nickel and diamond sectors. Michael is a current Director of a number of ASX-listed companies and sits on their Audit & Risk and Remuneration Committees. Michael has had previous directorships at Argyle Diamonds Mines, Sally Malay Mining Limited and Ashton Mining of Canada. About Riedel Resources Riedel Resources (ASX:RIE) is an ASX-listed mineral exploration company earning into an advanced high-grade gold exploration project in north-west Arizona. The Kingman Project comprises approximately 200 contiguous mining claims located approximately 30km from the town of Kingman Arizona. The area was mined for high-grade gold and silver from the 1880’s to the early 1940’s and since then very little modern exploration has ever been carried out on the property. The Riedel board has extensive experience in minerals and mineral exploration in Australia, the US and Canada, amongst others. Kingman Gold Project The Kingman Gold Project is located near Kingman Arizona and only 90 minutes drive from downtown Las Vegas. The project was mined for high grade gold and silver from the 1880’s until the early 1940’s which coincided with the outbreak of WWII. Following drilling in the 1990’s, 11 diamond holes were drilled on the property in late 2019 and which intersected multiple zones of high grade gold, silver and lead from shallow depths and confirmed the extensive mineralisation potential of the area. Riedel plans to aggressively drill and explore the project area during 2021. 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. 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 38 with Scott Williamson, Managing Director of Blackstone Minerals Ltd (ASX:BSX) Blackstone Minerals Limited (ASX:BSX) is busy drilling away at the nickel project while creating a downstream strategy that will add significant shareholder value. Scott sat with us at the RIU Sydney Conference to give an update on the drilling that is happening in Ta Khao and how the downstream business is progressing. Many companies are playing the downstream business but I feel that the key ingredient is to have a practical source that can be delivered profitably. I think this vital element has been downplayed by many other stories that are out there in the marketplace. I have been a champion of the Ta Khoa project since it was on the very first Coffee with Samso many moons ago - (Blackstone Minerals Limited - Not just mining Nickel). I believe that in time, this will be well resourced and the ability to extract the nickel will proceed. To me, this is a critical element in ensuring that the downstream business is well fed. This is why I feel that Blackstone will be an investment that will become safer and clearer to those that are still sitting on the side lines. The other important element of the business is the geographic location. The third is the existing partners that are already in play. Watch this episode and I hope valuable insights will be your takeaways. Please continue to interact with Samso and let us know your thoughts on this episode and other upcoming episodes of Rooster Talks and Coffee with Samso. Chapters 00:00 Introduction 00:35 What is happening in Vietnam 01:36 Downstream Business is here to stay 03:44 The importance of your own product source 05:50 The busy drilling program in Vietnam 07:07 Low cost of working in Vietnam 08:43 News flow for Blackstone 10:34 What is a "Train" ? 12:16 Spin out from Blackstone Minerals - Codres Resources Limited (ASX: CDR) 12:49 Conclusion PODCAST About Scott Williamson Managing Director Blackstone Minerals Limited Qualifications: BEng (Mining), BCom, MAusIMM Scott Williamson is an experienced Managing Director with a demonstrated history of working in the mining and metals industry. He is skilled in Open Pit and Underground Mining, Corporate Finance, Investor Relations and Project Planning. A strong business development professional with equity capital markets experience, Scott graduated from West Australian School of Mines and Curtin University of Technology. Scott holds a WA First Class Mine Manager’s Certificate and is a member of the Australasian Institute of Mining and Metallurgy. About Blackstone Minerals Limited Blackstone Minerals Limited (ASX: BSX) is developing the district-scale Ta Khoa Project in Northern Vietnam where the company is drilling out the large-scale Ban Phuc Nickel-PGE deposit. The Ta Khoa Nickel-PGE Project has existing modern mine infrastructures built to International Standards including a 450ktpa processing plant and permitted mine facilities. Blackstone Minerals also owns a large landholding at the Gold Bridge project within the BC porphyry belt in British Columbia, Canada with large scale drill targets prospective for high-grade gold-cobalt-copper mineralisation. In Australia, Blackstone Minerals is exploring for nickel and gold in the Eastern Goldfields and gold in the Pilbara region of Western Australia. Blackstone Minerals has a board and management team with a proven track record of mineral discovery and corporate success. The Ta Khoa Nickel-Copper-PGE Project The Ta Khoa Nickel-Copper-PGE Project is located 160 km west of Hanoi in the Son La Province of Vietnam and includes an existing modern nickel mine built to Australian standards, which is currently under care and maintenance. The Ban Phuc nickel mine successfully operated as a mechanised underground nickel mine from 2013 to 2016. In the Ta Khoa Nickel-Copper-PGE Project, previous project owners invested more than US$136m in capital and generated US$213m in revenue during a 3.5-year period of falling nickel prices. The project was placed into care and maintenance in mid-2016 during some of the lowest nickel prices in the past 10 years. Existing infrastructure associated with the project includes an internationally-designed 450 ktpa processing plant connected to local hydro grid power with a fully-permitted tailings facility and a modern 250-person camp. Since commencing maiden drilling in August 2019, Blackstone Minerals has made significant progress at Ta Khoa, drilling over 9,000 m of diamond core in more than 47 holes into the Ban Phuc DSS deposit and the highly prospective King Cobra discovery zone. An initial scoping study evaluating mining and processing options is well advanced, including potential in-country downstream processing to deliver high-value nickel sulfate into Asia’s rapidly expanding electric vehicle (EV) industry. The recently announced MOU with Asia’s largest and the world’s second-largest EV battery cathode manufacturer, Ecopro BM Co Limited represents a significant step towards making this a reality. 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

Rooster Talk Episode 39 is with Allan Ritchie, Chief Executive Officer - Adavale Resources Limited (ASX: ADD) The Truth Machine is one month away. In this episode of Rooster Talk, Allan Ritchie reiterates the commitment by management to ensure a methodical approach to exploration in Tanzania. The drilling program is still on schedule to start in June. A unique aspect of management in Adavale Resources is that they are being paid in shares. I like this as it aligns everyone with the shareholders. Chapters 00:10 Introduction 00:38 Update from Allan Ritchie 04:54 Management Quality 08:54 Why Tanzania is a good place to be now. 13:06 New Flow 16:22 Conclusion The ongoing field exploration in Tanzania has highlighted some interesting results within the target areas. The continuing geophysical interpretation is preparing the company for fifteen targets that will be of interest when drilling commences. We will deliver drilling in June and imminent results will give shareholders some joy for their patience. PODCAST Download this eBook This is a good time to download the first Ebook (FREE) from Samso as it is all about VMS (Volcanogenic Massive Sulfides). About Allan Ritchie - Chief Executive Officer Adavale Resources Limited (ASX: ADD) Allan graduated from the University of Technology in Sydney in 1986 with a Bachelor of Business and subsequently attained a post graduate Diploma in Applied Finance from the Financial Services Institute of Australia. Allan’s distinguished career spans 30 years in both the energy and resources sectors, in investment banking and leadership roles in both private and publicly listed companies. Allan currently serves as Non-Executive Director of ASX listed Hydrocarbon Dynamics Limited (HCD:ASX) and has previously served as Executive Director and Deputy CEO of HK Listed energy group EPI Holdings Limited (0689.HKEX). Allan’s investment banking background includes structuring commercial transactions in the energy and resources sector. Senior roles include positions within Westpac, ANZ Bank, HSBC and BNP Paribas in Australia, London, New York and Asia Pacific. Allan’s career achievements have been recognised several times in BRW’s annual poll of bankers. About Adavale Resources Limited (ASX: ADD) Adavale Resources Limited (ADD) holds 100% of the Kabanga Jirani Nickel Project (“the Project”) consisting of six granted licences and one application covering nearly 1145km2. These licences are adjacent and along strike from the world’s largest undeveloped nickel sulphide resource, namely The Kabanga Deposit which contains a measured, indicated and inferred resource of 58Mt @ 2.62% Ni (Barrick and Glencore, 2014). The ADD licences are located along a trend of mafic/ultramafic intrusions known as the Kabanga Musongati belt and contain Nickel Sulphide ores and PGE concentrations. Project 1 – Nickel – Kabanga Jirani Nickel Project, Tanzania Adavale Resources Limited also holds 100% of the Lake Surprise Project with three exploration tenements covering nearly 396 km2 within part of the highly prospective sedimentary uranium province within the northern part of the Lake Frome Embayment. These tenements lie within a flat, semi-arid landscape located just to the north of the Flinders Range in South Australia. These include EL 5892 comprising 92km2 , EL 5893 comprising 167km2 and EL 5644 of 137km2. These are known as the: Jubilee Prospect Mookwarinna Prospect Canegrass Swamp Prospect Project 2 – Uranium – Lake Surprise, South Australia The Lake Surprise Project Area is located in South Australia, 550km north of Adelaide, and 70km East of Marree. The company holds 3 tenements, EL5892, EL5893, and EL5644 with a total area of 396 km2. Adavale explored the original tenements in this area between 2007 and 2011 with 486 holes drilled in that period. Disclaimer The information or opinions provided herein do not constitute investment advice, an offer or solicitation to subscribe for, purchase or sell the investment product(s) mentioned herein. It does not take into consideration, nor have any regard to your specific investment objectives, financial situation, risk profile, tax position and particular, or unique needs and constraints. Read full Disclaimer. About Samso Keep us informed too! Please let us know your thoughts and send us any comments to info@samso.com.au. Remember to Subscribe to our YouTube Channel, Samso Media and our mail list to stay informed and make comments where appropriate. Other than that, you can also give us a Review on Google. Samso-Brilliant Distribution Partnership Powerful Advertising opportunities for Samso’s ASX and private business clients. The Brilliant-Online partnership is an opportunity to reach new and wider audiences in a fresh, appealing format to pique and retain investor interest. Contact Veronica directly for your special Samso-Brilliant advertising rate. Read Brilliant Investments

Rooster Talk Episode 40 is with Nicole Galloway Warland, Managing Director - Thor Mining Plc (ASX: THR) Nicole Galloway Warland has been appointed as the new Managing Director of Thor Mining PLC. This appointment is in tune with the renewed market sentiment for the company. Since our first encounter with Thor Mining, I have been very keen to follow the progress of their projects. Of particular interest to me is their Copper ISR project as well as their gold, uranium and tungsten stories. There is plenty to learn but my main interest lies in the Copper ISR project in South Australia. Nicole shares with us what is happening in terms of making this project. I feel that if the ISR process is deemed feasible, THR will suddenly become a copper producer without the onerous task of raising significant funds to make this happen. Chapters 00:10 Introduction 00:36 Nicole Updating on Company Activities 01:05 What is happening with the Copper project 02:15 Kapunda Copper Project Update 02:53 Over 400K tonnes of Copper on offer. 03:26 What's new in the field? 04:24 What's happening with the Uranium project? 05:26 The new Uranium Plants 06:04 Vanadium Taste 06:41 Uranium Style 07:34 What are the Capital markets telling you? 08:47 What's the strategy going forward? 10:15 Upside of Uranium project 11:08 Uranium and ISR Copper strategy 11:56 ISR is all about ESG 12:30 Conclusion PODCAST Download this eBook This is a good time to download the first Ebook (FREE) from Samso as it is all about VMS (Volcanogenic Massive Sulfides). About Nicole Galloway Warland, Managing Director Thor Mining Plc (ASX:THR) Geologist Nicole Galloway Warland has worked in the mining and exploration industry for more than a quarter of a century in Australia, Eastern Europe and South America since graduating from Sydney’s University of Technology. Nicole's experience spans grassroots exploration through to project evaluation, encompassing both open cut and underground mining, with a focus predominantly on gold, copper-gold, base metals, nickel, uranium, and lithium. About Thor Mining Plc (LON:THR and ASX:THR) Thor Mining PLC is an exploration and development company with an advanced tungsten/molybdenum project poised for development, and exciting copper and gold projects, both advanced and early stages, with the potential to generate significant investor value. Thor also holds an advanced tungsten/molybdenum project ready for development. Thor has projects in Australia in the Northern Territory, Western Australia, and South Australia. Thor also owns the Pilot Mountain tungsten project in Nevada USA, and uranium and vanadium exploration claims in Colorado and Utah. Disclaimer The information or opinions provided herein do not constitute investment advice, an offer or solicitation to subscribe for, purchase or sell the investment product(s) mentioned herein. It does not take into consideration, nor have any regard to your specific investment objectives, financial situation, risk profile, tax position and particular, or unique needs and constraints. Read full Disclaimer. About Samso Keep us informed too! Please let us know your thoughts and send us any comments to info@samso.com.au. Remember to Subscribe to our YouTube Channel, Samso Media and our mail list to stay informed and make comments where appropriate. Other than that, you can also give us a Review on Google. Samso-Brilliant Distribution Partnership Powerful Advertising opportunities for Samso’s ASX and private business clients. The Brilliant-Online partnership is an opportunity to reach new and wider audiences in a fresh, appealing format to pique and retain investor interest. Contact Veronica directly for your special Samso-Brilliant advertising rate. Read Brilliant Investments

Coffee with Samso Episode 84 with Bronwyn Barnes, Executive Chairman of Indiana Resources Limited (ASX: IDA), is all about searching for Lasseter's Reef in the Gawler Craton. What attracted me to Indiana Resources were the projects they operated in the Gawler Craton. In the mid to late 1990s, the Gawler Craton was the place to be for mineral explorers. Discoveries such as Prominent Hill were made in 2001 and got the attention of many companies that were driven to seek further resources. Discoveries were being made but reality soon set in. Investors came to understand and realise that the remoteness and the lack of infrastructure were not aligned to market volatility. Interest in this region eventually faded away and funding was not easy to source for support of any concepts. This led to the Gawler Craton story to being unloved over time. Interestingly enough, it is this exact stage of the story that gets me all excited. Nearly two decades of neglect in this region has now created a situation of a new frontier in Australia's backyard. Can you imagine the area in and around Challenger having no other major resource of mines? A similar situation around any of the other major mines and you would see numerous mining activities. Indiana Resources is one of only four players in the region and they are already showing successful drilling results. They are now discovering what explorers discovered in Kalgoorlie region, Murchison region, Menzies, Laverton ... and the list goes on. As we discussed in the video, there is no guarantee of success but I would say that there are definitely some good signs of success. When I think of the Gawler Craton in a nutshell, I am also thinking of the big style deposits like Olympic Dam, Prominent Hill, Challenger and a recent discovery called Paris. I think of IOCG and what comes to mind is the need for a large exploration budget. To me, the Gawler Craton is one of the last frontiers in Australia where a mineral province will be discovered. Chapters 00:10 Introduction 00:35 Bronwyn Introduces Indiana Resources 02:02 The Gawler Craton Projects 03:50 Lack of exploration activities in the Gawler Craton 05:39 The excitement of Minos 07:53 The blank canvas of the Indiana Resource projects 09:46 Other commodities within the projects 11:07 The unimaginable size of the projects 12:36 The prospectivity of the region has not been realised 13:54 What is the market for these type of projects? 16:05 The rise of the African Economy 17:50 The Tanzanian Story 22:35 The Arbitration is fully funded 23:49 Where is the funding coming from? 24:34 Change in Presidency - will that affect the Arbitration 25:32 Foreign Investment and African Politics 26:37 Free Option to $95M 27:07 News Flow 29:23 Why Samso likes Indiana 30:34 Conclusion PODCAST About Bronwyn Barnes Executive Chairman Bronwyn has had an extensive career in the resources sector, having worked with companies ranging from Western Mining Corporation and BHP to emerging juniors in directorship, executive leadership, and operational roles in Australia and internationally. Bronwyn is currently Non-Executive Chair of Indiana Resources (ASX:IDA), Non-Executive Director of Synergy (Electricity Generation and Retail Corporation), a Non-Executive Director of Scorpion Minerals Pty Ltd (ASX:SCN) and an Independent Director of Perth Racing. Bronwyn is also a member of the Executive Council of the Association of Mining and Exploration Companies (AMEC) and a Member of the Board of Management of the Foundation for St Mary’s Anglican Girls School. About Indiana Resources Limited Indiana Resources Limited (ASX:IDA) is an Australian-based gold exploration company focused on advancing its portfolio of exploration tenements in the highly prospective Central Gawler Craton Gold Province in South Australia. Indiana’s ground position in the Gawler Craton covers 5,090 km² – with the Company’s tenements strategically located between the historic gold mining centres of Tunkillia and Tarcoola. The Central Gawler Craton has outstanding potential for the discovery of significant gold deposits, as indicated by the Tunkillia deposit (588,000 ounce gold resource), which adjoins the southern edge of Indiana’s portfolio and the historical mining centre of Tarcoola, which adjoins the northern edge of Indiana’s portfolio, where historic production and current resource total approximately 190,000 ounces. Indiana is also the major shareholder of Ntaka Nickel Holdings Ltd and Nachingwea UK Ltd (both incorporated in the United Kingdom) which historically held the licences for the Ntaka Hill Nickel Project through its 100% owned subsidiary Nachingwea Nickel Ltd. The Ntaka Hill Nickel Project is an advanced nickel sulphide project that is development ready. In early 2020, the Companies advised the Tanzanian Government that a dispute had arisen in relation to the cancellation of the Retention Licence for Ntaka Hill. Indiana is the manager of the Joint Venture for the Project and is leading activities to progress a Claim to Arbitration against the Government of Tanzania for the illegal expropriation and loss of the Ntaka Hill Nickel 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. 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. 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 Partnership Powerful Advertising opportunities for Samso’s ASX and private business clients. The Brilliant-Online partnership is an opportunity to reach new and wider audiences in a fresh, appealing format to pique and retain investor interest. Contact Veronica directly for your special Samso-Brilliant advertising rate. Read Brilliant Investments

On today's Rooster Talk 42, Michael Bohm, Executive Chairman of Riedel Resources Limited (ASX:RIE) talks about the prospectivity of the Kingman Gold project. The company has just raised AUD1.8M and is aiming to step up the drilling within the Tintic prospect. The aim is to put some more colour onto the previous drilling program. As successful as it was to the market, Riedel Resources is aiming to better understand what degree of mineralisation exists and how it relates to the geophysical evidence. Michael Bohm shares with us what the company is currently thinking about all the drilling results and piecing together the next phase of drilling that will create more clarity in an evolving mineralised system. Chapters: 00:00 Start 00:10 Introduction 00:36 Michael´s new announcement 01:43 The Mineral Fertility of the Kingman Project 03:24 Michael responds to my thoughts on the project 05:43 Potential of a Hybrid Porphyry / VMS System 07:16 Why Arizona is the place to be 09:05 The real importance of the presence of a Porphyry 09:44 The mineralised nature of the Kingman Gold Project 10:56 Geophysics shows a mineralised structure in place 11:56 What could the project become? 13:36 Polymetallic Mineralisation 13:38 News Flow 16:48 Upcoming drilling will add more structure to the story 18:34 Existing mineralisation is exciting 19:29 Conclusion PODCAST About Michael Bohm Executive Chairman BAppSc (Mining Engineering) Appointed: 12 December 2020 Mr. Bohm is a qualified mining professional with extensive Corporate & Operations experience. Michael has extensive minerals industry experience in Australia, South East Asia, Africa, Chile, Canada and Europe. A graduate of WA School of Mines, Michael has worked as a mining engineer, mine manager, study manager, project manager, project director and managing director and has been directly involved in a number of mine developments in the gold, nickel and diamond sectors. Michael is a current Director of a number of ASX-listed companies and sits on their Audit & Risk and Remuneration Committees. Michael has had previous directorships at Argyle Diamonds Mines, Sally Malay Mining Limited and Ashton Mining of Canada. About Riedel Resources Riedel Resources (ASX:RIE) is an ASX-listed mineral exploration company earning into an advanced high-grade gold exploration project in north-west Arizona. The Kingman Project comprises approximately 200 contiguous mining claims located approximately 30km from the town of Kingman Arizona. The area was mined for high-grade gold and silver from the 1880’s to the early 1940’s and since then very little modern exploration has ever been carried out on the property. The Riedel board has extensive experience in minerals and mineral exploration in Australia, the US and Canada, amongst others. Kingman Gold Project The Kingman Gold Project is located near Kingman Arizona and only 90 minutes drive from downtown Las Vegas. The project was mined for high-grade gold and silver from the 1880s until the early 1940s which coincided with the outbreak of WWII. Following drilling in the 1990s, 11 diamond holes were drilled on the property in late 2019 and which intersected multiple zones of high-grade gold, silver and lead from shallow depths and confirmed the extensive mineralisation potential of the area. Riedel plans to aggressively drill and explore the project area during 2021. 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. 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 106 with Ed Turner, CEO of Kingwest Resources Ltd (ASX: KWR) Kingwest has made a gold discovery in a project that has been in plain sight for all to see for decades. The geology may have been there for millions of years, but explorers have only gone up and down that area for decades. Mineral exploration is one of those business activities where patience is the biggest asset to have, along with an eager investment partner. Over the years, many have coined the phrase, Cash Is King. The mineral exploration industry has lived and died on the fortunes of investors since the first geological expedition set out many moons ago. Lady Luck is the next obvious attribute that all explorers require and in the case of Kingwest Resources, it seems that they have their ducks all lined up in a row for them. When you look at what I have called the Discovery Line, the fact that all but 2 of the drillholes intercepted mineralisation of some sort is incredible. As an exploration geologist, I will attest that this phenomenon is not common. We tend to see more negative results than positive ones, especially at the beginning of the program. There is a lot of work yet to come and potentially lots of disappointments, but from an investor's point of view, I do feel that this is going to end well. Chapters 00:00 Start 00:15 Introduction 00:54 Ed introduces the Discovery. 01:53 What attracted Kingwest to the recent discovery? 04:23 Why has the target not been followed up before? 05:59 Are the lakes the Last Frontier? 07:07 Could this discovery open up more opportunities for Kingwest? 08:32 Has Kingwest discovered a Monster? 10:45 How deep could this mineralisation be? 11:51 The "discovery line" is significant.... 13:15 Has Kingwest hit the target or is there something else? 14:41 Is the deep cover a saviour for Kingwest? 15:34 What is happening at Menzies? 16:51 Underground mining seems to go on forever. 17:23 Underground resources tend to not end abruptly. 17:51 The Importance of the Polymictic Conglomerate. 19:11 The Importance of Table 1. 20:53 The Importance of Gold detection by the Sample Assays. 22:27 Ed shares his wisdom to the Investors. 23:11 What is the orientation of the Conglomerate? 23:32 What attracted Kingwest to the Target? 24:10 A ´Samso Told You So´ Moment. 24:52 Ed's Words of Wisdom 25:28 Ed's reaction to the numbers coming into the office. 26:59 Conclusion PODCAST About Ed Turner Ed is a geologist with 30 years of experience throughout Europe, South America, Africa and Australia in a range of roles encompassing base, precious and speciality metals for leading mining companies. Technical strengths include exploration, underground mining, resource estimation, feasibility studies and development level work. Ed was previously engaged as the CEO and General Manager of Exploration of Geology for Galena Mining Limited where he delineated the high-grade Abra lead-silver deposit that is shaping up to be a highly profitable mine development. About Kingwest Resources Limited (ASX: KWR) Kingwest Resources Limited (“Kingwest”) is a mining and exploration company focused primarily on gold exploration in the Eastern Gold Fields Region of Western Australia. It will aggressively explore for and extract gold in a mix of advanced, intermediate, and greenfield projects within this highly prospective district. The Menzies Gold Project - MGP With a new team on board and new projects, Kingwest is redirecting its focus on developing the highly prospective Menzies Gold Project. The Menzies Gold Project contains some of the highest-grade historic production in the Eastern Goldfields with the five underground mines producing between 16g/t and 32g/t Au over their respective life of mine for a total of 650,000 oz @ 22.5g/t. The last underground mining ceased in 1943 and there has been limited drilling beneath the historic workings since then. Open Pit mining during the 1990s before the collapse of the gold price in 1999 also produced 145,000 oz at a high-grade average of 2.6g/t Au. A relatively shallow resource comprising 2.42Mt at 2.2g/t Au for 171,300 oz (using 1g/t cut off) has been estimated in recent years. However, the best future economic potential is in targeting the high-grade mineralisation that remains open at depth beneath every deposit. 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 115 with Jay Upton, Managing Director of Sprintex Limited (ASX: SIX) is all about the EV story that investors have missed and ignored. This episode of Coffee with Samso is all about the real story of No Emission. The investment narrative has focused on the raw materials, but we have been telling readers and viewers of Samso that it is actually about No Emission. We now know Sprintex as a company that designs and manufactures clean air compressors. The strategy as we discussed in the first Coffee with Samso - Green Engineering - Green and Efficient Technology - Sprintex Limited (ASX: SIX) - Episode 92 - is moving towards newer renewable and clean energy technologies for automotive and other industries. This new core business is now a reality. Sprintex has now secured the first part of the business in the latest announcement of a supply of a minimum of RMB30M (equivalent to AUD6M) over two years. This is a minimum supply and according to Jay Upton, this is likely to be a bigger number. Chapters 00:00 Introduction 06:16 The Green Engineering Story 07:45 The Sprintex Story 09:14 It is all about Efficiency. 11:06 The ESG Efficiency 13:04 Difference between Electric, Hybrid and Hydrogen Vehicles. 22:27 Sprintex is providing the Solution of Zero Efficiency. 23:46 Floodgate of opportunities for Sprintex. 24:48 Sprintex has arrived. 27:41 Rome was Not Built In One Day. 30:27 Last words from Jay. 31:13 Conclusion PODCAST About Jay Upton Managing Director Jay (Jude) Upton has a broad range of business managerial and technical engineering experience gained over a 20-year period working in the international automotive industry where he has amassed a network of international industry contacts. Prior to this, Jay gained a further 20 years’ experience in engineering management in the heavy mobile equipment sector and in both industrial and automotive high-performance engine engineering. Jay was the Chief Technology Officer of the Company from 2011-2016 and he was the Technical Consultant in 2019. During this period, Jay was responsible for all technical development within the Company and is recognised as the inventor on two international supercharger patents assigned to the Company. In addition, during this period, he performed technical presentations to, and commercial negotiations with, vehicle manufacturers in ASEAN, China, Japan, USA, Europe and Australia. He also worked with the Managing Director on business strategies, corporate presentations and capital raisings. From 2012 to 2017, Jay was employed at Proreka Sprintex (a 50% owned subsidiary of the Company) and was instrumental in both the selection of the location for Sprintex's offshore manufacturing and the establishment of Proreka Sprintex. Working closely with the CEO of AutoV (the Company’s Joint Venture partner and the other shareholder of Proreka Sprintex), Jay oversaw the selection and procurement of the manufacturing equipment and the building of the manufacturing facility in Malaysia. As Director of Business Development of the Company from 2007 to 2011, Jay was responsible for the establishment and setup of Sprintex USA Inc. (a wholly owned subsidiary of the Company) and acted as secretary of Sprintex USA Inc. for regulatory purposes. He oversaw market development in the USA, Middle East, South Africa and China and was responsible for commercial agreements with OEMs, suppliers, distributors and dealers in multiple jurisdictions. Prior to this, from 2004-2007, Jay was the General Manager of the company at which time he was responsible for the initial setup of the operations and for day-to-day management of all operational and technical functions. From 2000-2004, Jay was the General Manager of the Automotive Division of Advanced Engine Components Limited (now known as Ookami Limited) where he carried out the day to day management of both Sprintex and Bullet Supercars (Qld), including overseeing emissions and full vehicle compliance of a high-performance sports car for Australian production. About Sprintex Sprintex Limited (ASX:SIX) is an automotive engineering, research, product development and manufacturing company. It is is a leading designer, developer and manufacturer of oil free twin screw compressors for automotive and clean-air industrial applications. With origins in the UK, Sprintex Limited was incorporated in Australia in November 2003 and listed on the ASX in July 2008 (ASX SIX). The company is headquartered and operates an R&D facility in Perth Western Australia. Sprintex designs and manufactures superchargers for use in a wide variety of combustion engines and is currently focused on the development and commercialisation of the Sprintex® twin screw supercharger, and supercharger systems incorporating the Sprintex® twin screw supercharger, in the automotive aftermarket and original equipment manufacturer (OEM) market in Australia, Asia, Africa, the Middle East and the United States of America. The company operates a wholly owned subsidiary in Malaysia which forms its main manufacturing base, a wholly owned subsidiary in USA, primarily servicing the automotive aftermarket and has recently added a further wholly owned subsidiary in China, primarily to explore opportunities in the clean energy sector including hydrogen fuel cells, waste water recycling and other clean air industrial applications. The China facility will engage in R&D and manufacturing for electric drive compressors and controls for various applications. Sprintex Limited is quality assured to ISO 9001-2008, its Malaysia operations are certified to ISO 9001-2015 and operate under ISO 14001 environmental standard and TS16949 automotive component standard. 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. 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. 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