Coffee with Samso Episode 59 with Thomas Hanly, Managing Director of Singular Health Group Limited (ASX: SHG) Medical Imaging is the process of allowing users to visualise their digital scans to better understand their prognosis. Singular Health Group Limited (ASX: SHG) allows users a better way to understand what was once only privy to the privileged intellect. What intrigued me about Singular Health is the nature in which this technology is allowing users to ¨walk¨ into their body. Understanding one´s medical prognosis used to be frustratingly complicated. Now with the help of Virtual Reality (VR), things are changing. The use of VR is by no means new as it has been widely used in gaming and several educational processes such as simulators for aviators, construction and building and the mining environment. Thomas Hanly shares with us his thoughts on the industry as the company prepares itself to complete the fund raising for the IPO which is currently open. I like the medical field as it is a sector that is inelastic. Like the childcare and aged care industry, there is an unlimited demand and requirement. The competition is intense but the playing field is spacious. I like the fact that they are focussing on the ASEAN sector instead of chasing the US market. To me, this is a good strategy as there is an unlimited uptake in private healthcare due to a lack of government assistance in this region. ASEAN are early takers of technology and the population is hungry for growth. There is a demonstration of the use of the product by Dr Alex Simonin who is a Neurosurgeon at Sir Charles Gairdner Hospital in Perth, Western Australia. As a new IPO, I think that this business has great opportunities. Like all new technology, there is some risk of non-performance but I guess that is the case for any business. The stigma of a typical cash-burn technology play is probably what comes first to mind but I think Thomas has addressed that in our Coffee with Samso. PODCAST About Singular Health Group Limited (ASX: SHG) Singular Health develops better health literacy with the ability to access, understand and use information to make decisions, and take action about health and healthcare. With the help of its core proprietary technology, the Volumetric Rendering Platform (VRP), 2D medical imagery can be converted into volumetric 3D models which can be visualised, manipulated, modified and reviewed using a standard monitor or by utilising virtual reality. As an example, the VRP can convert a standard 2D axial view of a thorax into a 3D volume rendered thorax that can be viewed and manipulated in virtual reality. The images in Figure 3 below highlight how 2D images can be stacked to provide depth and can therefore be viewed in 3D. The core value proposition of the VRP is that it: (i) allows for the real-time conversion of medical imaging data (allowing end-users to volume render 2D data, typically within 120 seconds from the time the imaging file is available); (ii) possesses in-situ processing capabilities and does not rely upon any internet connectivity and/or external code libraries or processing to convert images from 2D to 3D, which acts to both protect patient confidentiality and enable off-line usage of the technology in remote and rural locations; (iii) assists in the integration of Singular Health’s technology into the medical and education markets and workflows, any alterations, measurements, screenshots or videos (derivatives of the main scan) are saved in industry standard file formats (.obj, .stl, .json, .jpeg, .mp4). This not only makes derivative information much more transferable and viewable on traditional 2D DICOM viewers but also permits the usage of files in third party computer-aided design packages and media viewers whilst still preserving the proprietary nature of the rapid volumetric rendering; (iv) allows end-users to experience a fully-immersive viewing experience with 360° viewing and in some instances the inclusion of a 4th dimension, which is the time taken to perform a virtual surgical action and/or review 4D scans (such as functional MRIs); (v) is designed to operate using the graphics processing capabilities of high-end yet retail grade hardware, including Alienware laptops, thin-client desktops and Oculus Rift S virtual reality headsets. The combined cost of the hardware is approximately $5,000 resulting in a low capital expenditure by end-users; and (vi) can be integrated with picture archiving and communications systems within hospital and clinical environments to provide easy, industry-standard access to the medical imagery used as inputs for the software. The Directors believe that the VRP provides multiple opportunities for growth through the development of surgical visualisation and planning products, patient education products and geological and resources focused products. About Thomas Hanly Holding a Bachelor’s degree in resource and environmental economics, Thomas’ early career saw him work as an economic analyst for AgricultureNZ before moving to the United States where he obtained his Series 7 and was employed in private banking with Merrill Lynch. With a strong understanding of capital markets and an interest in technology, he was heavily involved in the early 2000s driving the development and commercialisation of a financial services start-up in the United States before returning to Australia. Prior to joining Singular Health, Thomas held a number of board positions of privately held companies in Australia and Singapore and acted as an independent consultant assisting with the funding and commercialisation of innovative technologies. Recently, Thomas provided strategic technology transfer advice for the development of new acid leach membrane technology from Monash University and helped to develop carbon tax offset strategies with Calibre Group in Perth. Disclaimer The information or opinions provided herein do not constitute investment advice, an offer or solicitation to subscribe for, purchase or sell the investment product(s) mentioned herein. It does not take into consideration, nor have any regard to your specific investment objectives, financial situation, risk profile, tax position and particular, or unique needs and constraints. Read full Disclaimer. Share to Grow If you find this article informative and useful, please help me share the information. I try 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 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 61 with Craig Mason, Executive Chairman of Complii Fintech Solutions Limited. In a complex world of the share market, simplicity and speed will create cost savings and allow transactions to be more free-flowing. Complii Fintech Solutions Limited (ASX: CF1) is a Compliance and Operational Efficiency business that was listed on the Australian Stock Exchange (ASX) last year. The business in stockbroking has changed dramatically over the last 30 years with even more significant changes over the last ten years. As Australian Securities and Investments Commissions (ASIC) and the ASX step up their regulatory requirements, the financial industry continues to evolve dramatically. Most industry participants will agree that we can expect more changes ahead of us. For the financial industry, the need to be compliant and to protect all participants has become mandatory. Broking firms need to protect themselves and also their clients, hence the use of technology such as Complii will become mandatory. As Craig Mason explains, the technology was written for the ASX and is complete. There are no stages to go through. The company is beyond proof of concept, in fact, they are even having paying clients. Craig puts forth a very compelling statement: This business is a mandatory exercise for the broking industry. The technology not only makes work more efficient, it protects all participants from the industry. PODCAST About Complii Fintech Solutions Limited Many stockbrokers have been forced to use substandard software or adapt manual paper procedures that have made it difficult to deal with the changes in legislation brought about by CLERP (“Corporate Law Economic Reform”) in early 2000 and also the recent FOFA requirements. Many firms are still using these manual processes and old systems that align with "industry standard" and are unfortunately having to pay out hundreds and thousands of dollars in client settlements. To provide support for these changes and an organised paperless compliance process, the Complii Automation Innovation Software was born in 2007. The system started as a simple SOA (“Statement of Advice”) generator and client profile tracker but has now morphed into a full compliance and corporate system for brokers or anyone dealing in Securities. Operating in many stockbroking firms and AFSLs, for over 8 years now the system has seen numerous ASIC audits and external audits, all with positive results. Complii originated in Perth, and was built with logic conveyed by advisors, management and compliance personnel. Complii continues to grow, and can be seen in organisations on both the West and East Coast of Australia. This customisable software has been designed to automate, record and report on an AFS Licensee’s compliance obligations. About Craig Mason Craig is the Executive Chairman of Complii FinTech solutions Ltd. Craig has over 29 years’ experience in the finance industry in various capacities and has worked closely with ASX, ASIC and recently APRA to help shape the industry, more specifically in the areas of custody, third party trade execution and clearing associated services. Craig has previously been an active director of the Stockbrokers and Financial Advisers Association (SAFAA) and also sat on the SAFAA Retail Broker Advisory Committee.‎ Craig is the former Country Head of BNY Mellon Australia and Non Exec Chairman Pershing Securities Australia Pty Ltd, a BNY Mellon company, where he was responsible for the overall management of the Company. Mr. Mason’s role included the implementation of strategic goals and objectives, providing direction and leadership towards the achievement of BNY Mellon/Pershing’s philosophy and mission, overseeing company operations to ensure efficient management of resources, and ensuring governance functions were fulfilled. Since establishing the first true Third Party Clearing business in Australia in 2000 (Berndale Securities which was a wholly owned subsidiary of Merrill – Bank Of America) and a subsequent trade execution and clearing services business for UBS in 2005, he has continued to work with the industry and its stakeholders to further enhance the important mid-tier and boutique broking segment with particular focus on the Retail/Wealth Management segment. In 2009 Craig founded Penson Financial Services Australia as an independent provider of third-party trade execution, clearing, international market access, custody and nominee services to the small and mid-tier broking participants and AFSL holders, one of the fastest growing segments of the Australian market. The business model was specifically targeted at allowing Participants and AFSL holders to compete with the top end of town on service, capital efficiency and compliance while providing a real alternative to the significant cost pressures that were emerging around Capital, Compliance and Risk management as a result of the GFC and changed market conditions. Disclaimer The information or opinions provided herein do not constitute investment advice, an offer or solicitation to subscribe for, purchase or sell the investment product(s) mentioned herein. It does not take into consideration, nor have any regard to your specific investment objectives, financial situation, risk profile, tax position and particular, or unique needs and constraints. Read full Disclaimer. Share to Grow If you find this article informative and useful, please help me share the information. I try 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 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 62 is with Andrew Radonjic, Managing Director - Venture Minerals Limited (ASX: VMS) 2021 is going to be very good for VMS. The first time I looked at Venture Minerals, I was immediately drawn to the Golden Grove North deposit and that was when we had our first Coffee with Samso - A Targeted Diversified Mineral Explorer - Venture Minerals Limited (ASX: VMS) which was published on 26th October 2020. Since that very first Coffee with Samso, I have come to believe that this company is way under-valued. I was not really a fan of the Riley project as there was never much volume but with the price rising to USD170/T this is now a play. If they get this to be shipped, and they will, this will bring in some serious money into their bank. You cannot ignore this anymore. Funding has been more focused on these kinds of projects lately and you simply go with the flow. The fact that they raised AUD10M with such ease tells me that the market likes Riley and that also says a lot about what it will mean for the company. As for Kulin and Golden Grove North, these are the blue skies that would propel Venture Minerals into the share price stratosphere. The upside on positive exploration results will be a big boost to the company. When the company mentioned that they did trenching at Kulin, I thought they were doing that because they had no idea what was going on with the geology of the project. Now, one may think this is a bad thing but when you realise that they are actually seeing good gold results at a place where previously there had been no historical work, that makes it a really special place. In this episode, we talked about all these aspects and it will become clearer to viewers that Venture may indeed be on its way to realising a lot of value in 2021. Today, Andrew Radonjic shares with us: The completion of the AUD10M raising. Why the recent exploration results at Kulin has put this project as a priority. The recent iron ore price rise has allowed the company to become self-sufficient. The prospectivity of the Golden Grove project. What the discovery of Julimar has meant for the immediate area. How recent discoveries within the Julimar region has sparked a land grad in the region. This is a good time to download the first Ebook (FREE) from Samso as it is all about VMS (Volcanogenic Massive Sulfides). PODCAST About Andrew Radonjic Mr. Radonjic is a geologist and mineral economist with over 25 years of experience in mining and exploration, with a specific focus on gold and nickel in the Eastern Goldfields of Western Australia. Mr. Radonjic began his career at the Agnew Nickel Mine before spending over 15 years in the Paddington, Mount Pleasant and Lady Bountiful Extended operations north of Kalgoorlie. He has fulfilled a variety of senior roles which gave rise to three gold discoveries, totalling in excess of 3 million ounces in resources and the development of over 1 million ounces. About Venture Minerals Limited Venture Minerals Limited is currently exploring in Western Australia for Copper-Lead-Zinc at the Thor Prospect, Nickel-Cobalt at the Pingaring Project (adjacent and along strike to the Quicksilver Nickel-Cobalt discovery), Nickel-Copper (new target) at the Odin Prospect and Nickel-Copper-Cobalt at the Caesar Project. Recently the maiden drilling program at Thor intersected massive sulfides confirming the Copper-Lead-Zinc target is a 20 a kilometre VMS style system. Thor is now a top priority target for Venture moving forward. The Company's initial focus was on realising the full economic potential of the Mount Lindsay Tin-Tungsten Deposit in North-West Tasmania. The Company has already defined one of the world's largest undeveloped tin deposits and has completed a Feasibility Study on Mount Lindsay. The emergence of tin as the metal most impacted by new technology through its use in Electric Vehicles has refocused Venture’s approach to developing this asset and an underground scoping study is currently underway. 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. 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 64 with James E Marsh, Andromeda Metals Limited (ASX:ADN) I was convinced that Andromeda Metals was better than an AUD$0.04 stock. Today it is now an AUD$0.29 stock with a market capitalisation of just over AUD600M. When I first spoke to Andromeda Metals Limited (ASX: ADN) in late 2019, I felt that this was a company with such a simple business - a simple business that was going to make a lot of money. After talking with James Marsh and learning more about the business, I was convinced that this was better than an AUD$0.04 stock. Andromeda Metals is banking that their vast resource of Halloysite is going to make them a high quality Kaolin miner for now. Nanotechnology could make them a much bigger company in the near future. Today, in January 2021, this is now an AUD$0.29 stock with a market capitalisation of just over AUD600M, and as James highlighted, they are not even in production yet. What is even more intriguing is that there are several other high value opportunities that are awaiting results that could make this resource company more of a resource technology company. In this episode of Coffee with Samso, we hear James telling us what is happening with the road to production and what is in store in the coming months. The market has been anticipating this PFS for a while and the recent share price movement prior to the release was in anticipation of something extraordinary. However, the decrease in share price after the release of the PFS is in no indication of the quality of the PFS. My thoughts are that the decreasing share price is due to market trading rather than a reflection of poor results from the PFS. In this chat, James highlights all the major points that reflect that the company’s path forward is well and truly on track and according to plan. What viewers should take away from this Coffee with Samso is that the potential upside of Andromeda Metals is just about to be realised and shareholders should know that James is fully invested in this story. PODCAST: Andromeda Metals Limited (ASX: ADN) Andromeda Metals Limited is an Australian Securities Exchange-listed company (ADN) with a focus on developing the Carey’s Well halloysite-kaolin deposit in South Australia. The company has built a highly prospective exploration portfolio of projects covering 5,374 sq km within 19 exploration licences located in South Australia, Queensland and Western Australia. Andromeda Metals (previously Adelaide Resources) was incorporated on 23 December 1993 and subsequently listed on the ASX on 11 September 1996. The Company’s head office is in Adelaide, South Australia. The vision of Andromeda Metals is to be a sustainable industrial minerals producer of high-quality halloysite-kaolin and high purity alumina material, thus providing shareholders with a sustainable financial return on their investment in the Company. James E Marsh BSc (Hons), MAusIMM James Marsh is an industrial chemist and holds tertiary qualifications in chemistry and physics. He has extensive experience across a wide range of industrial minerals spanning a 25 year period, including senior technical and marketing roles with two global market leaders. He previously worked for 7 years as Business Development Manager for Active Minerals Australia, part of the Active Minerals International group, a worldwide leader in the production and marketing of kaolin and gel quality attapulgite clay minerals. Mr Marsh has been instrumental in developing and launching industrial minerals products into established and new applications globally and has a successful track record in general management and sales. 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

Coffee with Samso Episode 72 with Tim Wither, Managing Director of Maximus Resources Limited (ASX:MXR) Maximus Resources Limited (ASX: MXR) is working on the company making Wattle Dam Gold Mine. The Wattle Dam story comes with a bit of history. I actually made a weak attempt to bid for the project way back in 2009 on some of the adjacent tenements but that never came to pass. In my opinion, within the Kambalda region, comparatively, the Wattle Dam area is one of the least active. There is no doubt that this whole region has been one of the best nickel hunting places. The Widgiemooltha Dome has been a classic hunting ground for nickel and this sits just south of the tenements held by Maximus Resources Limited. In 2020, the mineral exploration sector experienced one of the best years for capital funding. If I am not wrong, I could go as far as saying that this is one of the best years of capital allocation in this sector for many decades. I feel that this rush for good projects has allowed companies to finally drill projects that could unearth the next bag of mines. Broad zones of intercept confirms that the area has the potential to produce another Wattle Dam. The latest drill results of 16m @ 9.3 g/t and 5.8m @ 10.1 g/t confirms that there is another Wattle Dam to be discovered. In this episode, Tim Wither tells us what is happening with the company and why he believes that the projects within the company are geared for better things to come. The exciting part is the potential for gold and nickel in a portfolio of tenements that have not had a lot of work done. PODCAST About Tim Wither Managing Director Maximus Resources Limited Tim Wither is a mining executive with over 20 years experience in the resource sector, both domestically and internationally, with key involvement in the development of several greenfield base metal projects. Mr Wither has held various senior executive and strategic leadership roles in Australia, India, Africa, South America, with publicly listed companies on both the ASX and TSX. Tim is a graduate of the Australian Institute of Company Directors and holds an MBA from Curtin Graduate School of Business, Graduate Diploma of Mining, Graduate Diploma in Natural Resource Law, as well as a Bachelor of Science in Mine Engineering and Surveying from the WA School of Mines. He is also a candidate for Master of Commercial and Resources Law at University of WA. About Maximus Resources Limited Maximus Resources (ASX:MXR) is a junior mining explorer with tenements located 20km from Kambalda, Western Australia’s premier gold and nickel mining district. Maximus Resources' Spargoville tenements are located in the heart of Australia’s premiere gold and nickel mining district – just 25km from Kambalda, Western Australia. Home of the very high-grade historic Wattle Dam Gold Mine, the Spargoville tenements are readily accessible and are located less than 50km from six gold processing plants and just 25km from BHP’s Kambalda Nickel Concentrator. Mined until 2012, the Wattle Dam Gold Mine was one of Australia’s highest-grade gold mines, producing ~286,000 oz gold @ 10.1 g/t gold. The focus of Maximus Resources is the discovery of the next Wattle Dam Gold Mine. Maximus Resources has been granted 48 sq km of mining licences and has gold rights across a further 60 sq km along the very fertile Spargoville Shear Zone, hosting multiple significant gold and nickel deposits. The Wattle Dam Gold Mine Project The Wattle Dam gold deposit is one of Australia’s highest-grade gold mines, hosted in sheared and metamorphosed ultramafic rocks and interflow sedimentary units. Historical production from Ramelius Resources (ASX:RMS) at Wattle Dam from 2008-12: Open Pit 52,700oz gold @ 5.3g/t gold Underground 213,650oz gold @ 14.9g/t gold Total 266,350oz gold @ 10.6g/t gold The high-grade ore zones at the site are vertically plunging, 80-100m in strike length and 8-15m wide. Shallow operations have mined to 365m below the surface but the finding of coarse gold veins resulted in the geological modelling under-calling contained gold. High-grade Mineralisation High-grade mineralisation within the Wattle Dam pit is associated with intense biotite alteration within komatiitic ultramafics. Chlorite / biotite / amphibole ± sulphide alteration surrounding main ore zone 40-70m wide. During mining operations at Wattle Dam areas of strong alteration and low assays were observed to contain coarse-free gold and subsequently mined to a geological envelope. Deep drilling suggests the alteration associated with the Main Zone mineralisation extends to the Spargoville shear zone. This was modelled but never drill tested. Other references https://wcsecure.weblink.com.au/pdf/MXR/02341081.pdf 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 74 is with Allan Ritchie, Chief Executive Officer - Adavale Resources Limited (ASX: ADD) The EV Revolution has thrown the world of "Battery Metals" into another rush for good assets. Like any other industry, when the market is hot, great assets become hard to acquire. Adavale Resources Limited has its assets next to one of the largest undeveloped nickel assets in the world, with similar geology and geophysical signatures. Allan Ritchie, CEO shares with us the long journey of the company to get to where they are now. There is no hiding from the fact that this is an early stage play but I can sense excitement in the tone of his voice and a good dose of bravado about the project. What he did not say on camera is that management is driven by capital appreciation as they are not paid large amounts of salary. Their reward is in the shares that they own. It is not about burning cash with large salaries. This is a great strategy and one that is not seen in many ASX companies. Global law firm Clyde & Co advised UK mining company, Kabanga Nickel, on a binding framework agreement with the Government of Tanzania for the development of the Kabanga Nickel Project. According to its website, the Kabanga Nickel project is located in the north-west of Tanzania. It is touted as a multi-billion-dollar project. It hosts an in-situ mineral resource of 58 million tonnes at 2.62% Ni, containing more than 1.52 million tonnes (3.30 billion pounds) of nickel, a key ingredient for the making of electric vehicles. Kabanga will support a mine life of at least 30 years with further exploration potential. Adavale has found itself at the right phase of a rising market. I recall my conversation with Scott Williamson on Producing Nickel for the EV Revolution - Blackstone Minerals Ltd (ASX:BSX), where he shared with us that nickel buyers are feeling the rate of demand rising faster than anticipation by the market. This is a great situation for the likes of Adavale as they move into discovery mode. Of course, this does not mean that discovery is guaranteed but as we have discussed in many previous episodes of Coffee with Samso, exploration is all about good management, funding and good assets. The rest is a game of lottery. I feel that Adavale ticks all the boxes required. Now it is time to roll up their sleeves and put in the hard work and engage the truth machine. Allan outlines a strong strategy and the milestones are there to be achieved. There is no hiding his expectation and with a market capitalisation of AUD20M in a strong market, the discovery would give shareholders many things to cheer about in the near future. PODCAST 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 being 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. 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. 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 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. 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