Coffee with Samso Episode 44 with Sebastian Chang, Non-Executive Director, VIP Gloves Limited (ASX:VIP) Glove manufacturing is making many companies profitable and it is not just because of the COVID-19 pandemic The glove-making business is one of those sectors that does not call out for attention. The recent pandemic with COVID-19 has brought them out out of hiding and into the limelight. It is a simple business that is making many companies very profitable. This is not a common business in Australia, in fact, there is no other company on the Australian Stock Exchange that can call themselves glove makers. Malaysia is the market leader in the glove-making industry. The big four major producers, Top Glove Corporation Berhad, Hartalega Holdings Berhad, Supermax Corporation Berhad and Kossan Rubber Industries Berhad are world market leaders in this sector. In this episode of Coffee with Samso, Sebastian Chang, Non-Executive Director of the company shares with us the story of VIP and the business of Gloves Makers. Sebastian shows us that the business is not about the COVID-19 Pandemic but it is all about Occupational Health and Safety factors that are driving the business. Sebastian also highlights why he thinks the glove business will keep its course of high demand and growing sales. Profit margins will be sustained and the ASP (Average Selling Price) will continue to increase, but at a slower rate for the next 12 to 24 months. Please let us know your thoughts and send us any comment 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. About VIP Gloves Limited (ASX: VIP) VIP Gloves Ltd (“VIP”) is a public company whose shares are traded on the Australian Securities Exchange (ASX). Malaysia is the home to many of the world's largest rubber and nitrile glove producers. Over the past 10 years, Malaysia has grown to become the world's largest producer of rubber and nitrile gloves, accounting for over 60% of global glove production. VIP Gloves Limited was established in 2016 to manufacture nitrile disposable gloves from its plant located in Selangor, Malaysia. Currently, its products are sold to local and overseas distributors under original equipment manufacturer (OEM) basis. Holding strong to the Company’s core values, we ensure every continuous improvement efforts are undertaken beginning with research and development through to manufacturing and delivering the best quality gloves for our customers, hence best quality and smart choice. About How Weng (Sebastian) CHANG Non-Executive Director Member, Executive Committee (EXCO) Mr How Weng (Sebastian) Chang has over 25 years’ experience in the regional investment environment in Malaysia, in the areas of stockbroking, corporate finance, fund management and venture capital investments in Malaysia as well as in the Asian region. He also served as Chief Operating Officer and held directorships in several public listed companies and their subsidiaries. Sebastian is currently the principal and Chief Executive Officer of a boutique financial consulting firm which provides services to clients in the areas of public flotation, mergers and acquisitions, and corporate restructuring exercises. He was educated in Malaysia and USA and holds a Bachelor of Business Administration (cum laude) degree majoring in Finance & Banking, and Management. PODCAST 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 this Coffee With Samso 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 Samso. About Samso

Coffee with Samso Episode 198 brings a new perspective to the Coffee with Samso conversations. In this first episode of our Insights segment, we delve into the thoughts of Allan Kelly, Executive Chair of Miramar Resources Limited (ASX: M2R). The life of an executive in the small mineral exploration is busy and stressful. Those that are out there trying to make an economic discovery are constantly under the spotlight. In my five years of establishing the Coffee with Samso series, Allan Kelly strikes me as a true mineral explorationist. To those that have followed the Samso journey and have watched Allan share his projects in Miramar Resources Limited, you will know that he speaks with great sincerity. Our conversations on the Samso platform (see below for previous conversations) are always long form and it has offered a great insight into the reasons why Allan is so passionate about the potential discovery. When you watch and listen to Allan talking about the projects, there is no doubt that his enthusiastic nature wants viewers to know what he is doing and why he is spending money on the project. Allan Kelly's Insights In this first episode of Coffee with Samso - Insights, we learn about Allan Kelly, the person. In an industry that takes no prisoners, it is hard for investors to know who is actually really trying to make a discovery. It is difficult to know if the person who is telling you the story is actually telling the truth and the real facts. I have been an investor in this industry since my university days in 1987 and have been a willing participant in the mineral industry since 1992. Like everyone who is working in the mineral exploration industry, we are all trying to make that economic discovery. The rate of success is not very high and as Allan mentioned in the first minute of the introduction to this episode, that rate of success is very low. So what makes us continue to work in mineral exploration? Why are the likes of myself and Allan Kelly continuing to be in the limelight and the brunt of all criticism? The questions that are being asked is why the Coffee with Samso Insights is beginning its journey. Get yourself a coffee or your favourite beverage and watch or listen and get a better understanding of Allan Kelly here: Chapters: 00:00: Introduction 05:13 How did Allan Kelly get into this industry? 09:04 Western Mining Interview 11:40 Work with Western Mining 13:18 Is the Development of Geological Skills still a common trait? 13:44 Western Mining was unique for the time. 15:27 What traits do you need to stay in the mineral exploration industry? 17:05 The Keys to be a Mineral Explorationist. 17:35 Don't be afraid to say you don't know something. 18:22 What is the core asset required to do well in the industry? 19:03 Need to have Endurance, the "Non-Technical Asset" - "Non-Geological Assets" 21:18 The Andy Well Story 23:29 The many reasons why a project may not be discovered. 24:30 How do you decide and manage which projects to leave behind? 29:56 The lack of Mineral Exploration and Mineral Discovery. 32:24 Does criticism ever affect you? 34:26 The Gidgee Project and The Paleochannel Problem. 35:11 Is it frustrating to be misunderstood about the Gidgee Project? 37:30 How do investors understand exploration results? 41:23 How to understand lack of mineralisation strike length. 42:31 What are Allan's thoughts on the Mineral Exploration sector? 43:49 Lack of patience from brokers. 45:03 Reasons why Allan is optimistic with Nickel and the Bangemall project. 50:57 Allan's last words. 51:26 Conclusions Previous Conversations with Allan Kelly Mineral Exploration - Creating Value Organically Miramar Resources Limited (ASX: M2R) - Mineral Exploration Success - Discovery at Marylebone. Miramar Resources Limited (ASX: M2R) Discovery at Gidji, Bangemall and Whaleshark Miramar Resources Limited (ASX: M2R) Discovery at Gidji, Glandore and Whaleshark. Miramar Resources Limited (ASX: M2R) - Surprises in the Bangemall: Carbonatites and IOCG Project Updates at Miramar Resources Limited (ASX: M2R) PODCAST About Allan Kelly Executive Chair of Miramar Resources Limited Mr Kelly is a geologist and manager with over 30 years’ experience in mineral exploration, development and production throughout Australia and the Americas. Mr Kelly graduated in 1994 with a Bachelor of Science (with honours) in Applied Geology from Curtin University. He has been involved in targeting early stage exploration of gold, nickel and copper deposits in Australia, Alaska and Canada and has previously held senior exploration positions within Western Mining Corporation and Avoca Resources Limited. He has also served as an Executive Director of Riversgold Ltd and a non-executive director of Alloy Resources Ltd. In 2009, Mr Kelly founded Doray Minerals Limited, which listed on the ASX in early 2010. Under Mr Kelly’s management, Doray discovered the high-grade Wilber Lode gold deposit within the Andy Well Project in the Murchison Region of Western Australia, which moved from discovery to production within three and a half years, and subsequently funded, constructed and commissioned the Deflector Gold-Copper Project within 14 months of completing the takeover of Mutiny Gold Limited in 2014. In 2014, Mr Kelly was awarded the Association of Mining and Exploration Companies (AMEC) ‘Prospector Award’, along with Doray’s co-founder Mr Heath Hellewell, for the discovery of the Wilber Lode and Andy Well gold deposits. Mr Kelly is a Fellow and Former Councillor of the Association of Applied Geochemistry (AAG), a Member of the Australian Institute of Geoscientists (AIG) and a Member of the of the Institute of Brewing and Distilling (IBD). Disclaimer The information or opinions provided herein do not constitute investment advice, an offer or solicitation to subscribe for, purchase or sell the investment product(s) mentioned herein. It does not take into consideration, nor have any regard to your specific investment objectives, financial situation, risk profile, tax position and particular, or unique needs and constraints. Read full Disclaimer. Share to Grow: Your Bonus Samso has just released an eBook: How to Add Value to your Share Portfolio A lesson on geological models sought by mining companies that gives insight and an understanding of which portfolios are better - and potentially more lucrative – investments. Click here to download this eBook. If you find this article informative and useful, please help me share the information. I try and write about topics that are interesting and have the potential to be of investment value. It is not easy to find stories that fit those parameters. If you or your organisation see the benefit of what Samso is trying to achieve and have a need to share your journey, please contact me on noel.ong@samso.com.au. About Samso Samso ASX stories are also through the Brilliant-Online channels. Subscribe to Brilliant Investments.

After writing the last post on Misunderstanding Dementia – A Common Issue, I have developed more passion to share the awareness of Dementia. The response I received were all very complimentary. Interestingly, when talking to people, they are still fixated on the memory loss as the primary symptom. In this post, I want to share on some of my research on the good things that you can do as friends and family of dementia. I find it challenging to write this post as I am never one to dwell on negatives. However, over the years of caring for my parents, I have a great appreciation for the aged care industry. Watching these people who cared for us all those years now become people that do things you are not accustomed to is not pleasant. I don’t think this is anything new as every reader will agree. Cultural Issue To many people still feel the embarrassment and taboo of talking about these topics. I think the ethical side and those from the older generation is very much to blame. I am slowly realising these issues as I speak to more people. I feel that the misunderstanding is a result of not wanting to be associated with the stigma of an illness such as Dementia. It is not due to a lack of understanding of facts… As they say, we immigrants bottle our culture and we take it out and use it as when we see fit. However, the place where we come from has been progressing with time and when we look back, we find that we have indeed been living in a culture that has been stuck in a bottle. When I was trying to get my last post out to the general public, I started to see that there are many associations here in Australia. To my surprise, Malaysia and Singapore had a few too. I should touch on that in upcoming posts. Reading the news from those places made me think that people like me should share our thoughts on this topic. I call my self a “Banana” (Yellow on the outside and white on the inside), and we should help bridge the gap. Life Continues But in a Different Way In my opinion, as bad as this topic is, my parents are still relatively healthy. For example, my mother is now playing mahjong and cards four times a week (when they go to the Chung Wah Community Centre) and she has never played that over the years. She only started playing cards after going to the centre. I cannot speak highly enough about what the Community Center means to us. The staff are great at making the experience fun and comfortable. There are many people with different level of care there and are well cared. I do encourage that friends and family of the aged do check these places out. Another topic for the next blog… 🙂 My parents look forward to going there. They bring their newspaper, snacks (homemade by us :-), and they come back telling us of who they met and what they did…. who did what, who was funny… who was a pain…etc. There was even someone who made Texas style BBQ sauces and they bought some back for us. All of them are living a whole new, different life but they are existing and relatively enjoying their life. Having dementia, as bad as it is, has many positives as well. My mum now plays mahjong and cards… 🙂 Recently, she was also trying to play pool. Community Centre - Willeton Centre. How the Community Centre Works. The great thing about the community centre is that participants get to mingle and mix with together. A van comes in the morning to pick them up between 8:30 and 9 am and takes them back around the 2:30 pm mark. I have been there and they are able to do the following, Group Exercise Play Games such as Mahjong. Not sure if old Asians play scrabble 🙂 Staff are there to encourage communication, They have morning tea, lunch, afternoon tea and even dinner if required. Watch television. The greatest benefit is that they are able to do relatively normal things. They still think of what they want to eat, and respond pretty well to conversations. It may not be what we consider as normal conversations, but it is still a conversation. There are many sad stories but its how you make of a situation. Speaking to a relative who has family in Melbourne last night, there is a lot of people who do not know of these kinds of help. I encourage readers who are in similar situations to seek these kinds of help. Whether you are in Australia or another country, the relief from 24hr care will help maintain good relations. On the occasion, there is an outing that happens and they go to see places. They were taken to go fishing one time too. Now that is a good life. The Inspiring Stories. I felt inspired by a guy in the US who made a documentary about his mother and dementia. The way he goes about doing things shows that you can still have normal conversations, it’s just on different topics. There was a video they went out to have ice cream. When you have acted as a carer, you notice the small things. You say to yourself, wow, we can also do that, now that is a good idea, why did we not think of that….etc Unfortunately, that video is no longer available. In the video you can see the sad side or the encouragement side. I prefer to see a great effort he makes to create a difference in the story. I encourage readers to share their comments and create awareness that there is life even with the discomfort of this illness. There is a video on a Dementia Village that I attached to my post on Dementia, where there was this social worker who had the best attitude in dealing with the awkward behaviours of citizens of the village. I have started the video below at the stage where she was being interviewed, From my experience, I do find that the carers all have this kind of mindset, or at least similar. Having seen a few carers over the years, they are a special breed of people. They give respite to the primary carers and I tell you, it is very appreciated. It also makes life easier. My advice for all carers is to make sure you take full advantage of these services. I appreciate that many of these services may not be affordable for many people but it is worth seeking the alternatives. Personally, the more I learn about the issues, the easier it is for me to deal with situations. It is not about me expressing my assumed knowledge, it is all about sharing that its a work in progress. Some Interesting News – Promising News There is an article talking about that there are ways you can do to prevent Dementia. This was published by The Economic Times, titled Good News: Now, dementia can be predicted 10 years in advance. It quotes research that was done by the University of Copenhagen in Denmark. “If those individuals at highest risk can be identified, a targeted prevention with risk-factor reduction can be initiated early before disease has developed, thus delaying onset of dementia or preventing it,” said Ruth Frikke-Schmidt, a professor at the University of Copenhagen. The study looked at data on 1,04,537 people in Copenhagen, Denmark, and linked it to diagnoses of dementia. Researchers found that a combination of age, sex and a common variation in the APOE gene could identify high-risk groups, with a seven per cent risk for women and six per cent risk for men in their 60s. There was a 16 per cent and 12 per cent risk, respectively, for people in their 70s; and a 24 per cent and 19 per cent risk, respectively, for those aged 80 years and … Dementia Rates Declining? There was one article that I thought was interesting. The article mentioned that researchers found that those who completed high school were less prone to develop symptoms of dementia. They talk about being healthy to reduce cardiovascular issues. Doing this may have some influence on the risk of adopting symptoms of dementia. However, another result showed a rather surprising result. This was that overweight and obese study participants actually had a lower risk of dementia than others. (source: https://www.senioradvisor.com/blog/2017/01/the-good-news-about-dementia-rates-theyre-dropping/) They mentioned that this is still too early to be factual, as other studies connect excess weight with heart disease, which can raise dementia risk. The reasoning may be that the extra weight late in life might offer some protection against cognitive decline. Is It True? To me, that may have some truth. When I recently spoke to a pharmacist he mentioned that in traditional medicine, people are taught that if you have high cholesterol, you must remove it. In fact, that level of cholesterol is the basic building blocks for the other parts of the system. Removing it will dampen that body sequence to develop its own “medicine”. Anyway, I am no medical practitioner but when this was explained, it was really interesting. Here are some facts from a recent search with ChatGPT - July 2025. Declining Age‑Specific Rates in High‑Income Countries A growing number of cohort studies from the Americas and Europe show a 13% drop in dementia incidence per decade over the past ~25 years. In the U.S., the age‑adjusted prevalence among those 65+ fell from roughly 12.2% in 2000 to 8.5% in 2016 — a decline of about one-third. A recent JAMA Network Open study found lower prevalence in more recent birth cohorts—21.2% in the U.S., 38.9% in Europe, and 28.3% in England—compared to older cohorts at the same age. Multi-country data (U.S., UK, parts of Europe) show prevalence dropping significantly across successive generations, especially among women. Global Context & Mixed Signals Globally, the age-standardized dementia prevalence is relatively flat, with only a +0.1% change from 2019 to 2050 (95% UI: –7.5 to +10.8). Worldwide Alzheimer’s disease incidence rates have stayed stable overall, slightly rising in some regions but declining in others . A recent Lancet Public Health review confirmed that age‑specific incidence and prevalence have decreased in many high‑income settings, though results vary, particularly among the very oldest . Why This Happened (High‑Income Countries) ? Factors likely contributing to declines include: Better cardiovascular health: improved treatment of hypertension, cholesterol, and diabetes. Reduced smoking rates. Increased education, building cognitive reserve. Enhanced hearing and vision care, alongside public-health improvements. These "birth cohort" effects mean newer generations enter old age with lower dementia risk Any decrease in dementia rates is good news, not only for seniors and their families, but also for public health. Dementia is the most costly condition a person can face, because it can progress slowly over many years, during which patients require round-the-clock supervision to prevent wandering, falls, and distress. Caring for a loved one with dementia is more than a full-time job, and professional care is expensive. The Alzheimer’s Association says the total cost of caring for people with dementia in the US was $236 billion in 2016. My Research However, my research from the Australian Institute of Health and Welfare show, Global Prevalence & Incidence (Updated July 2025) 57 million people worldwide had dementia in 2021—over 60% living in low- and middle-income countries. Nearly 10 million new cases are diagnosed each year globally. That’s approximately one new diagnosis every 3 seconds Projected Growth The number of people living with dementia is expected to nearly double from 55 million in 2020 to 78 million by 2030, and hit 139–152 million by 2050 A more recent estimate suggests a rise to around 153 million by 2050 . There is a link available to the Australian Bureau of Statistics on Dementia. Whether the rates are increasing or not, the fact of the matter is that people need to care in the best possible way. As the world is going into an ageing period of our history, we are going to see more issues than less. Like everything old, it needs TLC and maintenance is not going to be cheap. I was inspired to write this follow up after talking to a few people who gave me the impression that there was this downhill slope when you have dementia. Life is still worth living and it is up to us who are “normal” to make it as comfortable as possible for them. Also Check For:- Dementia Awareness- A Common Issue of Misunderstanding 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

Announcement: Andromeda Achieves HPA Breakthrough A new chapter in the production of high purity alumina (HPA) is unfolding in South Australia, with Andromeda Metals Limited (ASX: ADN) achieving a significant milestone. The company has successfully produced ultra-high-purity 4N HPA using a novel, cost-effective, and low-carbon process. This breakthrough positions Andromeda at the forefront of the global HPA market. Travelling at a market capitalisation of AUD $68M, is Andromeda Metals worth a visit to look at getting into the market? Alpha HPA Limited (ASX: A4N) has a market capitalisation of just over AUD $1B. Purity Confirmed—99.9985% Figure 1 – Andromeda’s end-to-end process for the production of HPA from GWP. Lab-scale testing using refined kaolin from the Great White Project (GWP) resulted in HPA with a confirmed purity of 99.9985%, independently validated by EAG Eurofins USA and CSIRO, Australia's national science agency. This achievement is the result of over seven years of research and development, culminating in a proprietary flowsheet that sets a new benchmark for HPA production. A Cleaner, Smarter Process Andromeda’s novel process avoids many of the high-cost, high-emission steps used in traditional HPA production: No need for hydrochloric acid (HCl) crystallisation or re-leaching at extreme conditions No calcination above 1250°C; the product can be calcined starting from 700°C Estimated 68% reduction in carbon emissions, producing less than 4 tonnes of CO₂ per tonne of HPA compared to 12.3 tonnes from conventional methods Andromeda’s approach combines innovation with environmental responsibility, giving the company a significant edge as global demand grows for low-carbon critical minerals. South Australia’s Renewable Advantage The environmental benefits of Andromeda’s process are amplified by South Australia’s electricity grid, which is powered by more than 70% renewable energy. This offers the potential to further reduce the carbon footprint of HPA production from the Great White Project. A Critical Mineral for Future Technologies High Purity Alumina is an essential material used in: LED lighting Semiconductor manufacturing Lithium-ion battery separators High-tech ceramics and synthetic sapphire According to market forecasts, global demand for HPA is expected to outstrip supply by 45% by 2028. At present, approximately 88% of global HPA is produced using energy-intensive aluminium metal hydrolysis. Andromeda’s kaolin-based process offers a more sustainable and cost-effective alternative. Next Steps for Commercialisation With proof-of-concept now achieved, Andromeda will proceed with: A Scoping Study to assess project economics Customer engagement to refine product specifications and formats Investigating government funding opportunities Development of a pilot plant to test the process at a semi-continuous, industrial scale Executive Perspective Sarah Clarke, Acting CEO of Andromeda Metals, commented: “While our primary focus remains on the Great White Project, the successful production of HPA opens up a high-value, complementary opportunity. Producing 4N HPA at lower cost and carbon intensity compared to traditional processes is a strong proposition for manufacturers. We are excited to work closely with future HPA customers to bring this opportunity to life.” Concluding Comments from Samso Andromeda’s successful test work marks a transformative step towards sustainable, cost-competitive HPA production. With its high purity product, environmentally efficient process, and access to renewable power, the company is well-positioned to enter the growing critical minerals market. Anyone who has been following the Andromeda story would know that Andromeda Metals has been a frequent guest on Coffee with Samso, and there have been a lot of conversations on the myriad of products that come under Andromeda. The current announcement has obviously given shareholders something to cheer about (Figure 2), but the long-term shareholders will be looking for more uplift (Figure 3). Figure 2: Andromeda Metals Limited share price chart from 2023. (source: commsec) The rise and fall of Andromeda Metals have been legendary, but I still think that there are merits that could bring back some glory days, but that is going to take a lot of patience and hard work. Figure 3: Andromeda Metals Limited share price chart from 2020. (source: Commsec) The HPA Conversation The HPA conversation was brief, and at that time, I suppose things were very premature or at a very early stage of any development. This strategic move builds on the strength of the Great White Project and expands its commercial potential. What I like is that this has been a long-term investment, with the release mentioning that this latest work has been over 7 years. The HPA story is really something that is thrown around a lot, and it is very promotive when companies mention it. The ability to produce HPA stock is a fantastic opportunity for companies, especially those in the ASX. My Samso Insight on Alpha HPA Limited, entitled "Exploring the Potential of High Purity Alumina: A Review of Alpha HPA Limited (ASX: A4N)", was really a look at the top end of where companies that are in the HPA sector should be. could be? or is? It is very hard to see where Andromeda could be now because we do not have another example of a story at this level of the business. There are hopeful companies in the HPA market, but I cannot see them making it. As I have mentioned, I have had several conversations with Andromeda in the past 5 years, and I do like what they may have, but I do like to see more substance develop from company announcements. What they currently have in the portfolio does make me think that Andromeda may actually be better, but that may be a reflection of my belief from past conversations, but the reality presently may bring a different outcome. I have not been following the company recently, but this will definitely put them on my radar screen again. As usual, take time to DYOR, and Happy Investing. To support our independent nature of our work, please head over to our Support Page and give us a helping hand in any of the ways listed. This is a new initiate for the Samso Platform, and it was always the concept of Samso when we started this journey in 2018. Cover photo: Sapphire - Sapphire (corundum), Nessa Eull. CC0, via Wikimedia Commons (https://commons.wikimedia.org/wiki/File:Sapphire_(GeoDIL_number_-_1432).jpg) 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. Download 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 at noel.ong@samso.com.au. About Samso Samso is a trusted platform that equips dedicated investors with up-to-date industry knowledge and insights from top CEOs and thought leaders. By staying informed on business advancements and market trends, investors can enhance their financial decisions through a combination of expert guidance and their own research.

Coffee with Samso Episode 113: A Samso Exploration Discovery Series This is the first of the Samso Exploration Discovery Series that shares great discovery stories. These series share the thoughts that made the discoveries and the stories that followed. In this first of the series, we have Jon Hronsky OAM, of Western Mining Services telling us about the discovery of the West Musgraves Ni-Cu-PGE district. The West Musgrave Ni-Cu-PGE is more than a discovery as Jon Hronsky OAM puts it, this is a shift in understanding. A paradigm shift in the understanding of mineral exploration. This is a great story of how thinking outside the box brought about a change in looking at discoveries. I loved the idea that it was during this significant time that culminated in a whole new way of looking a finding major deposits. Western Mining was and is still the only company that was a world class explorer who dared to look for the Tier 1 deposits. Funding was not for mining the market but rather for the discoveries that was to be delivered by the geoscientists who were valued and cherished. Another take away from this episode is that the release of geophysical data had helped in the discovery. The whole concept of understanding deep seated structures being a source of mineralisation was only possible with the availability of government released datasets. Jon shared a lot of compelling thoughts on the subject and I got a lot more out of this conversation than I had first thought. One of the most impactful comments was that this discovery was really about creating a paradigm shift in how we look at finding deposits. The shift in world affairs and the major development in Mabo, was the catalyst that had sifted how geoscientist were allowed to think far and wide and was the beginning of how we currently work in mineral exploration. I have included time stamps for the video below: Chapters: 00:00 Start 01:06 The story begins. 01:23 What the discovery meant for mineral exploration. 02:10 Setting the scene for the story. 03:32 A shift in thinking about Nickel Exploration. 04:19 The start of exploring for a Norilsk type deposit. 05:27 The discovery of Voisey Bay Nickel deposit. 06:00 The birth of the new concept of Exploration Exploration. 08:50 The changing of old to new exploration thinking. 11:21 Why the Musgrave was still available. 13:24 The moment West Musgrave became live. 15:05 Was this a Nickel or an Exploration moment. 16:29 What we know now was not in the old days... 17:27 The emergence of digital geophysical database. 19:30 Missing out on Tropicana. 20:36 Exploration activities at the West Musgraves. 21:54 The Rob Waugh Story. 23:17 West Musgrave discovery was the beginning of more discoveries. 25:03 The reasons why good meticulous mineral exploration is valuable. 26:29 Julimar is a product of this early thinking process. 27:55 Where is the next frontier in Australia? 28:24 The greater McArthur Basin, Northern Territory. 30:11 Discovery is all about applying data knowledge. 31:46 The South Australian potential. 33:09 Potential elephants still available. 33:38 Early work is important but commonly not funded. 33:58 The Encounter Story. 34:43 The long gestation period of exploration. 37:28 Conclusion PODCAST This is a good time to download the first Ebook (FREE) from Samso as it is all about VMS (Volcanogenic Massive Sulfides). Download our eBook now About Jon Hronsky Jon Hronsky OAM (BAppSci, PhD) Chairman of the Board of the Center for Exploration Targeting in Western Australia Chairman of the Australian Geoscience Council (the peak body for geoscience organisations in Australia) Adjunct Professor at both the University of WA and Macquarie University. Jon Hronsky has more than thirty-five years of experience in the global mineral exploration industry, primarily focusing on project generation, technical innovation and exploration strategy development. He has worked across a diverse range of commodities and geographies, and has particular expertise in targeting nickel sulfide and gold deposits. His targeting work led to the discovery of the West Musgrave nickel sulfide province in Western Australia. His experience includes leadership roles in both major mining and junior mining companies, and he has consulted globally for the last 12 years. In January 2019 he was awarded the Order of Australia Medal for services to the mining industry. Jon is currently Chairman of the Board of the Center for Exploration Targeting in Western Australia, Chairman of the Australian Geoscience Council (the peak body for geoscience organisations in Australia) and an Adjunct Professor at both the University of WA and Macquarie University. He was the 2009 Society of Economic Geology Distinguished Lecturer. Jon joined WMS in 2007. Prior to that, he was Manager-Strategy & Generative Services for BHP Billiton Mineral Exploration and Global Geoscience Leader for WMC Resources Ltd. About Western Mining Services Western Mining Services (WMS) provides the best in geoscientific and risk management advice and services to mineral explorers globally. WMS offers a range of essential services: Advice on exploration strategy development both brownfield and greenfield Review and critique of mineral exploration strategies, plans and programs Assistance with the organisational structures Metallogenic framework and mineral targeting studies that deliver viable greenfield targets Brownfield and near-mine studies and target generation Support for target validation at all scales Technical due diligence and new opportunity analysis Deal terms review and evaluation Commercial risk analysis WMS' proven track record: Over the last 12 years, WMS helped more than sixty companies pursue exploration programs and opportunities globally. The resulting rewards include the largest gold-copper skarn discovery in the Americas and major nickel and gold discoveries in Australia. Over 600 students attended their popular Senior Exploration Management (SEM) Course which, by many accounts, ranks as “one of the best”. WMS offers the SEM Course annually in Perth WA and Denver CO, and also offers the course in-house for clients who want a course tailored to their strategy and exploration program. WMS developed an on-line Senior Exploration Management (SEM) course that tracks in-person SEM Course and that will make excellent, experienced training services more available to exploration groups worldwide. WMS Team is experienced, focused and eager to help achieve the mineral exploration mission. Please contact us, and let’s discuss how we can help. CONTACT JON HRONSKY m/ +61 417992518 e/ jon.hronsky@wesminllc.com w/ https://www.wesminllc.com/ Disclaimer The information or opinions provided herein do not constitute investment advice, an offer or solicitation to subscribe for, purchase or sell the investment product(s) mentioned herein. It does not take into consideration, nor have any regard to your specific investment objectives, financial situation, risk profile, tax position and particular, or unique needs and constraints. Read full Disclaimer. About Samso Keep us informed too! Please let us know your thoughts and send us any comments to info@samso.com.au. Remember to Subscribe to our YouTube Channel, Samso Media and our mail list to stay informed and make comments where appropriate. Other than that, you can also give us a Review on Google.

Coffee with Samso Episode 101 with Andrew Radonjic, Managing Director of Venture Minerals Limited (ASX:VMS) indicates that they are a Green Tin player. Venture Minerals is now a major player in the Tin sector. The Mount Lindsay project is in the spotlight with the surging Tin price. In addition to that, the nature of the infrastructure is going to make Venture Minerals a Green Tin player by default. The Mount Lindsay project has always been the flagship project for Venture Minerals. However, the project had been shelved for several years due to a drop in tin and tungsten prices. Now, the recent surge in tin price is definitely changing the value of the project. The first drilling activity since 2012 has parked this conversation as the company is now going back to test the Renison Mine Sequence that has been the focus for Venture Minerals. What the drilling has shown is that there is a strong indication of a repetition of the mineralising sequence. Let's listen to these Chapters: 00:00 Intro 01:11 Andrew explains the drilling results and what it means for Venture Minerals Limited. 07:33 Reasons why Mount Lindsay is a Prize. 12:06 What does the 150m Alteration Halo mean ? 15:36 What is a good Tin grade? 18:55 What is the best way to mine Mount Lindsay? 23:16 Why Investors should look at the untapped potential of Mount Lindsay. 25:44 The Green Tin Story Begins. 29:56 Green Tin, a Rising Tin Price and compliant ESG for Venture Minerals. 32:01 Tin Association predicting extra demand of 60,000T of Tin. 32:24 More reasons why the price of Tin will continue to rise. 36:59 Samso's thoughts on Venture Minerals. 39:18 Final Words from Andrew Radonjic - The Grey Fox. 42:15 Conclusion PODCAST About Andrew Radonjic Qualifications: BAppSc (Mining Geology), MSc (Mineral Economics), MAus/MM Mr. Radonjic is a geologist and mineral economist with over 30 years of experience in mining and exploration, with an initial focus on gold and nickel in the Eastern Goldfields of Western Australia. Andrew has fulfilled a variety of senior roles which gave rise to three gold discoveries, totalling in excess of 3 million ounces in resources and resulting in 1.5 million ounces being produced. Since 2006 Andrew has been an executive director with Venture Minerals, which he has been co-leading during the discovery of the Mount Lindsay Tin-Tungsten deposit. Andrew is also a non-executive director with Blackstone Minerals. About Venture Minerals Limited Venture Minerals Ltd (ASX: VMS) is entering an exciting phase as it looks to move from explorer to producer with production at the Riley Iron Ore Mine in Northwest Tasmania. At the neighbouring Mount Lindsay Tin-Tungsten Project, higher Tin prices and the recognition of Tin as a fundamental metal to the battery revolution has refocused Venture’s approach to developing Mount Lindsay. Already one of the world's largest undeveloped Tin-Tungsten deposits, the Company has commissioned an Underground Scoping Study on Mount Lindsay that will leverage off the previously completed feasibility work. In Western Australia, Chalice Mining (ASX: CHN) recently committed to spend up to $3.7m in Venture’s South West Project, to advance previous exploration completed by Venture to test a Julimar lookalike Nickel-Copper-PGE target. At the Company’s Golden Grove North Project, it has already intersected up to 7% Zinc, 1.3% Copper and 2.1g/t Gold at Orcus and has identified several, strong EM conductors currently being drill tested which are situated along the 5km long VMS (Volcanogenic Massive Sulfide) Target Zone, along strike to the world class Golden Grove Zinc-Copper-Gold Mine. Venture recently doubled the Nickel-Copper-PGE landholding at Kulin by securing two highly prospective 20-kilometre long Ni-Cu-PGE targets. Share to Grow: Your Bonus eBook: How to add value to your Share Portfolio This is a good time to download our Free Ebook as it is all about VMS (Volcanogenic Massive Sulfides). The eBook is about lessons on geological models sought by mining companies. It gives insight and an understanding of which portfolios are better - and potentially more lucrative investments. Click here to download this eBook. Disclaimer The information or opinions provided herein do not constitute investment advice, an offer or solicitation to subscribe for, purchase or sell the investment product(s) mentioned herein. It does not take into consideration, nor have any regard to your specific investment objectives, financial situation, risk profile, tax position and particular, or unique needs and constraints. Read full Disclaimer. About Samso Samso-Brilliant Distribution Outreach Powerful Advertising opportunities for Samso’s ASX and private business clients. The Brilliant-Online partnership is an opportunity to reach new and wider audiences in a fresh, appealing format to pique and retain investor interest. Contact Veronica directly for your special Samso-Brilliant advertising rate. Read Brilliant Investments

Coffee with Samso Episode 148: Let's talk Tin Venture Minerals Limited (ASX:VMS) is currently undergoing a phase of preparing a Feasibility Study and it's time to talk Tin. Remember this #GreenTin Song: The Green metal and No Emission movement have made the plight of the Tin Story important for Investors. Venture Minerals may be an accidental recipient of the Green Metal movement. This episode of Coffee with Samso Episode 148 with Andrew Radonjic, the Managing Director, is all about Tin. This is an episode which focuses on why Tin is a significant commodity. Andrew has just come back from his travels where he attended a Tin conference. We help dissect his learnings from the conference and bring out what he had learned and share it with the Samso audience. Tin is an underrated metal, it's like the unloved element of technology. It's not given the credit that it deserves. As we have described in the conversation, it's the glue of technology. Every part of the new world of No Emission and the electrification of progress needs tin. If you take the supply issue of non ESG compliant sources, there will be a big issue for tin users. For those people who see this need for realisable ESG compliant source of tin, this is a great time to look at companies like Venture Minerals. What audiences need to ignore is the other so called sources of tin who claim that they are production ready. If that is the case, why are they not producing already? I strongly encourage potential investors to reach out to Andrew to ask him what the difference is between what can happen and what will never happen. I made this video to give an insight to what could be a real game changer in terms of the need for tin. The uses of tin are increasing and there is now talk of tin being a vital component of lithium battery anodes. Some people may call this a pipe dream but so was the vanadium battery. If the so called Lithium-Tin solid battery anodes comes to fruition in the coming years, this will completely change the tin market. The same factors that are driving the High Purity Alumina industry that is driven by Kaolinite-Halloysite is also being seen with the tin sector. There are now some serious conversations on how tin will play in carbon capture, water treatment and heat harvesting. As we all agree, the need for these conversations to turn into reality will be high on the agenda but reality may be a distance away. The important part is that it is happening now. I hope this episode of Coffee with Samso will give audiences some concept of the tin market and its uses which will make tin a major player of the new No Emission electrification of energy world. Chapters: 00:00 Start 00:20 Introduction 01:25 Andrew updates. 09:56 The Indonesian Tin Story. 15:37 Market discussion from the Tin conference. 20:01 Tin moving into the "high tech" uses sector. 24:24 Tin moving into the battery sector. 30:14 The introduction of a tin related battery. 31:28 The hurdle of finding new tin deposits and a tin producing mine. 32:26 Project updates. 38:53 The summary of tin. 39:43 Andrew closing summary. 41:06 Conclusion PODCAST About Andrew Radonjic Qualifications: BAppSc (Mining Geology), MSc (Mineral Economics), MAus/MM Mr. Radonjic is a geologist and mineral economist with over 30 years of experience in mining and exploration, with an initial focus on gold and nickel in the Eastern Goldfields of Western Australia. Andrew has fulfilled a variety of senior roles which gave rise to three gold discoveries, totalling in excess of 3 million ounces in resources and resulting in 1.5 million ounces being produced. Since 2006 Andrew has been an executive director with Venture Minerals, which he has been co-leading during the discovery of the Mount Lindsay Tin-Tungsten deposit. Andrew is a founder and recently was a director of Blackstone Minerals Limited (ASX: BSX). About Venture Minerals Limited Venture Minerals Ltd (ASX: VMS) has refocused its approach to developing the Mount Lindsay Tin-Tungsten Project in northwest Tasmania, already one of the world's largest undeveloped Tin-Tungsten deposits. With higher Tin prices and the recognition of Tin as a fundamental metal to the battery revolution, Venture has commenced an Underground Feasibility Study on Mount Lindsay that will leverage off the previously spent +$35m on completing the open-pit feasibility work. At the neighbouring Riley Iron Ore Mine, the company moved from a highly successful explorer to producer with completion of the first shipment. In Western Australia, Chalice Mining (ASX: CHN) recently committed to spend up to $3.7m in Venture’s South West Project, to advance previous exploration completed by Venture to test the priority 20 km long Thor target, with drilling having commenced. At the Company’s Golden Grove North Project, it has already intersected up to 7% Zinc, 1.3% Copper and 2.1g/t Gold at Orcus and has identified several, strong EM conductors to be drill tested along the 5km long VMS (Volcanogenic Massive Sulfide) Target Zone, along strike to the world class Golden Grove Zinc-Copper-Gold Mine. Venture recently doubled the Nickel-Copper-PGE landholding at Kulin by securing two highly prospective 20-kilometre long Ni-Cu-PGE targets. Share to Grow: Your Bonus eBook: How to add value to your Share Portfolio This is a good time to download our Free Ebook as it is all about VMS (Volcanogenic Massive Sulfides). The eBook is about lessons on geological models sought by mining companies. It gives insight and an understanding of which portfolios are better - and potentially more lucrative investments. Click here to download this eBook. Disclaimer The information or opinions provided herein do not constitute investment advice, an offer or solicitation to subscribe for, purchase or sell the investment product(s) mentioned herein. It does not take into consideration, nor have any regard to your specific investment objectives, financial situation, risk profile, tax position and particular, or unique needs and constraints. Read full Disclaimer. About Samso Samso-Brilliant Distribution Outreach Powerful Advertising opportunities for Samso’s ASX and private business clients. The Brilliant-Online partnership is an opportunity to reach new and wider audiences in a fresh, appealing format to pique and retain investor interest. Contact Veronica directly for your special Samso-Brilliant advertising rate. Read Brilliant Investments

Coffee with Samso Episode 127 Venture Minerals Limited (ASX:VMS) is a company with an identity crisis. It has a portfolio of highly prospective exploration projects as well as a world class tin mining project. In fact, the title above should be more accurately renamed as An Undervalued Tin Producer. Remember this #GreenTin Song: The Green metal and No Emission movement has made the plight of the Tin Story important for Investors. Venture Minerals may be an accidental recipient of the Green Metal movement. This episode of Coffee with Samso Episode 127 with Andrew Radonjic, the Managing Director, is the setting for the year 2022. In my opinion, after a fresh rising late last year, which is showing the market the confidence from the shareholders, there are many positives to come in the following months. Andrew and I discuss what has been happening and look back on why these projects are prospective. We also talk about Mount Lindsay, Thor (Julimar look-alike), Kulin, Golden Grove North and Riley. These conversations remind shareholders and investors in the ASX why Venture Minerals should be on their watch screens and on their list of companies to do some solid DYOR. Let's listen to these chapters: 00:00 Start 00:20 Introduction 08:35 The reason we cannot go past the Tin Prize at Mount Lindsay. 15:03 Mount Lindsay has more than Tin and Tungsten. 16:53 The update on Thor. 20:36 Kulin 26:12 Golden Grove North 30:08 Riley 35:55 Reason why the game in town is Mount Lindsay. 39:12 Conclusion PODCAST About Andrew Radonjic Qualifications: BAppSc (Mining Geology), MSc (Mineral Economics), MAus/MM Mr. Radonjic is a geologist and mineral economist with over 30 years of experience in mining and exploration, with an initial focus on gold and nickel in the Eastern Goldfields of Western Australia. Andrew has fulfilled a variety of senior roles which gave rise to three gold discoveries, totalling in excess of 3 million ounces in resources and resulting in 1.5 million ounces being produced. Since 2006 Andrew has been an executive director with Venture Minerals, which he has been co-leading during the discovery of the Mount Lindsay Tin-Tungsten deposit. Andrew is a founder and recently was a director of Blackstone Minerals Limited (ASX: BSX). About Venture Minerals Limited Venture Minerals Ltd (ASX: VMS) is entering an exciting phase as the Company moved from a highly successful explorer to producer with completion of the first shipment from the Riley Iron Ore Mine in northwest Tasmania. At the neighbouring Mount Lindsay Tin-Tungsten Project, higher Tin prices and the recognition of Tin as a fundamental metal to the battery revolution has refocused Venture’s approach to developing Mount Lindsay. Already one of the world's largest undeveloped Tin-Tungsten deposits, the Company has commenced an Underground Feasibility Study on Mount Lindsay that will leverage off the previously completed work. In Western Australia, Chalice Mining (ASX: CHN) recently committed to spend up to $3.7m in Venture’s South West Project, to advance previous exploration completed by Venture to test a Julimar lookalike Nickel-Copper-PGE target. At the Company’s Golden Grove North Project, it has already intersected up to 7% Zinc, 1.3% Copper and 2.1g/t Gold at Orcus and has identified several, strong EM conductors to be drill tested along the 5km long VMS (Volcanogenic Massive Sulfide) Target Zone, along strike to the world class Golden Grove Zinc-Copper-Gold Mine. Venture recently doubled the Nickel-Copper-PGE landholding at Kulin by securing two highly prospective 20-kilometre long Ni-Cu-PGE targets. Share to Grow: Your Bonus eBook: How to add value to your Share Portfolio This is a good time to download our Free Ebook as it is all about VMS (Volcanogenic Massive Sulfides). The eBook is about lessons on geological models sought by mining companies. It gives insight and an understanding of which portfolios are better - and potentially more lucrative investments. Click here to download this eBook. Disclaimer The information or opinions provided herein do not constitute investment advice, an offer or solicitation to subscribe for, purchase or sell the investment product(s) mentioned herein. It does not take into consideration, nor have any regard to your specific investment objectives, financial situation, risk profile, tax position and particular, or unique needs and constraints. Read full Disclaimer. About Samso Samso-Brilliant Distribution Outreach Powerful Advertising opportunities for Samso’s ASX and private business clients. The Brilliant-Online partnership is an opportunity to reach new and wider audiences in a fresh, appealing format to pique and retain investor interest. Contact Veronica directly for your special Samso-Brilliant advertising rate. Read Brilliant Investments

Coffee with Samso Episode 68 with Allan Kelly, Managing Director of Miramar Resources Ltd (ASX:M2R) Allan Kelly has created wealth for shareholders before and he is back again with Miramar Resources Limited. Allan Kelly is a guy who has done a Miramar before and took the then company Doray Minerals Limited (ASX:DRM) from being an explorer to a producer. There have been many other stories that fit this bill but when I met him at a Diggers and Dealers several years ago, I was impressed with the story of Doray. When I notice Miramar Resources, I was immediately fascinated with the projects. I was thinking that the Gidji project was a "postage stamp" (headline reader) project. Why would someone like Allan Kelly bother with this? I also heard that the IPO was oversubscribed and it did well post IPO when it got listed in October 2020. As soon as this Coffee with Samso was confirmed, I was keenly anticipating a great conversation. Well, to say the least, this has turned out to be one of the best conversations about exploration and why exploration can add value to a company faster and greater than most investors would realise. In this episode of Coffee with Samso, Allan shares with us the value of exploration. He tells about how many times he has seen good exploration creating so much value for shareholders. Most importantly, he gives a great conversation of the projects in Miramar and why Gidji is such a great project. This is a great conversation about why people like me love exploration. I think it is the same feeling that any explorers or travellers get when they have that sensation of seeing new things and realising the discovery is upon their sights. PODCAST About Allan Kelly Executive Chairman Mr. Kelly is a geologist and manager with over 25 years’ experience in mineral exploration, development and production throughout Australia and the Americas. Mr. Kelly graduated in 1994 with a Bachelor of Science (with honours) in Applied Geology from Curtin University. He has been involved in targeting early-stage exploration of gold, nickel and copper deposits in Australia, Alaska and Canada and has previously held senior exploration positions within Western Mining Corporation and Avoca Resources Limited. He has also served as an Executive Director of Riversgold Ltd and a non-executive director of Alloy Resources Ltd. In 2009, Mr. Kelly founded Doray Minerals Limited, which listed on the ASX in early 2010. Under Mr. Kelly’s management, Doray discovered the high-grade Wilber Lode gold deposit within the Andy Well Project in the Murchison Region of Western Australia, which moved from discovery to production within three and a half years, and subsequently funded, constructed and commissioned the Deflector Gold-Copper Project within 14 months of completing the takeover of Mutiny Gold Limited in 2014. In 2014, Mr. Kelly was awarded the Association of Mining and Exploration Companies (AMEC) ‘Prospector Award’, along with Doray’s co-founder Mr. Heath Hellewell, for the discovery of the Wilber Lode and Andy Well gold deposits. Mr. Kelly is a Fellow and Former Councillor of the Association of Applied Geochemistry (AAG), a Member of the Australian Institute of Geoscientists (AIG) and a Member of the Institute of Brewing and Distilling (IBD). About Miramar Resources Limited (ASX:M2R) Miramar Resources Limited is a Western Australian focussed mineral exploration company with projects in the Eastern Goldfields, the Murchison and Gascoyne regions. The portfolio of exploration projects has high potential for new gold discoveries within trucking distance of existing operations and for the discovery of nickel-copper-platinum group element (PGE) mineralisation. Miramar aims to create shareholder value through discovery and the Board has a proven track record of successful discovery, development and production. Latest ASX Announcements High grade gold at Gidji upgrades aircore targets Disclaimer The information or opinions provided herein do not constitute investment advice, an offer or solicitation to subscribe for, purchase or sell the investment product(s) mentioned herein. It does not take into consideration, nor have any regard to your specific investment objectives, financial situation, risk profile, tax position and particular, or unique needs and constraints. Read full Disclaimer. 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

Rooster Talk Episode 43 with Andrew Radonjic, Managing Director of Venture Minerals Limited (ASX:VMS) Chalice Mining confirms a Julimar style mineralisation for JV Thor Project In this episode of Rooster Talk, Andrew Radonjic shares some updates since our last Coffee with Samso - Julimar's Twin Brother - The Thor Project in April 2021. As we had discussed in this Coffee with Samso, the discovery of drill targets was always going to happen. The unique nature of the drill and geophysical results that were generated by Venture Minerals Limited is strong evidence that fits a Julimar style mineralisation. The stage is set for the drill rigs of the project to see some rocks. The project is actually sitting on a new frontier that is ripe for new discoveries which up till now has been neglected due to commodity pricing, funding and market appreciation of these areas. Today, Andrew Radonjic shares with us: Update on the Thor project What the EM anomalies mean in terms of the prospectivity of the project Why Kulin fits in well with the Thor project Thor is not a nearology play but is made of real exploration results Chapters: 00:00 Intro 00:43 Updates on Thor 04:42 The Thor project is not a Nearology play 08:03 What does the term Siemens mean? 12:23 Is the northern EM anomaly a surprise anomaly? 14:33 How much comfort does Venture get from the Regional Prospectivity of the Thor and Kulin project? 19:21 The relationship between Red Wine and Geological Interpretation 23:25 The theory of the Cooking Pot 26:43 Funding and Discoveries 28:25 News flow for Thor. 29:36 Conclusion Share to Grow: Your Bonus eBook: How to add value to your Share Portfolio This is a good time to download our Free Ebook as it is all about VMS (Volcanogenic Massive Sulfides). The eBook is about lessons on geological models sought by mining companies. It gives insight and an understanding of which portfolios are better - and potentially more lucrative investments. Click here to download this eBook. PODCAST About Andrew Radonjic Qualifications: BAppSc (Mining Geology), MSc (Mineral Economics), MAus/MM Mr. Radonjic is a geologist and mineral economist with over 30 years of experience in mining and exploration, with an initial focus on gold and nickel in the Eastern Goldfields of Western Australia. Andrew has fulfilled a variety of senior roles which gave rise to three gold discoveries, totalling in excess of 3 million ounces in resources and resulting in 1.5 million ounces being produced. Since 2006 Andrew has been an executive director with Venture Minerals, which he co-lead during the discovery of the Mount Lindsay Tin-Tungsten deposit. Andrew is also a non-executive director with Blackstone Minerals. About Venture Minerals Limited Venture Minerals Limited (ASX: VMS) is entering an exciting phase as it looks to move from explorer to producer with production at the Riley Iron Ore Mine in northwest Tasmania. At the neighbouring Mount Lindsay TinTungsten Project, higher Tin prices and the recognition of Tin as a fundamental metal to the battery revolution have refocused Venture’s approach to developing Mount Lindsay. Already one of the world's largest undeveloped Tin-Tungsten deposits, the Company has commissioned an Underground Scoping Study on Mount Lindsay that will leverage off the previously completed feasibility work. In Western Australia, Chalice Mining (ASX: CHN) recently committed to spending up to $3.7m in Venture’s South West Project, to advance the previous exploration completed by Venture to test a Julimar lookalike Nickel-Copper-PGE target. At the Company’s Golden Grove North Project, it has already intersected up to 7% Zinc, 1.3% Copper and 2.1g/t Gold at Orcus and has identified several strong EM conductors currently being drill tested which are situated along the 5km long VMS (Volcanogenic Massive Sulfide) Target Zone, along strike to the world class Golden Grove Zinc-Copper-Gold Mine. Venture has recently completed a maiden drill program designed to bring forward a potential new gold discovery at the Kulin Project. Latest ASX Announcement Download their ASX Announcement dated 30th June 2021: Chalice defines new EM anomalies on Julimar lookalike target. 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 Rooster Talk Rooster Talks are conversations with industry experts about market insights, trends, and learnings that benefit businesses across all sectors in the Australian Stock Exchange. If you find this Rooster Talk 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 at noel.ong@samso.com.au. About Samso This interview is also published on Brilliant-Online Brilliant-Online pushes for a better world with its interactive magazine and advertorial content. The Brilliant-Online partnership is an opportunity to reach new and wider audiences in a fresh, appealing format to pique and retain investor interest. Read Brilliant Investments

Coffee with Samso Episode 83 with Andrew Radonjic, Managing Director - Venture Minerals Limited (ASX:VMS) The Thor Project Joint Venture that Venture Minerals has with Chalice Gold Mines Limited (ASX:CHN) is getting its first slice of action. Over the last nine months, we have done several Coffees with Samso and Rooster Talks with Venture Minerals and it has always been a great delight to discuss with Andrew Radonjic what is happening with the company. As I have mentioned many times, the projects that the company has in its portfolio are all highly prospective. You can see my comments in the very first Coffee with Samso - A Targeted Diversified Mineral Explorer - Venture Minerals Limited (ASX: VMS). Today, Andrew shares with us the history of the project and their journey before the joint venture with Chalice Gold Mines. We discuss the merits of the work that has already been completed and what could be the thinking behind Chalice in signing this JV. The fact that there have been good exploration results within the area of interest makes this a project that has a great deal of success. Andrew talks about why this is a different mineral exploration project with what he has learned from Thor and what Julimar is unravelling with continuous work since its discovery in March 2020. Chapters 00:00 Introduction 01:33 The Resemblance to Julimar 02:18 The History of Thor 09:47 Does Chalice know the significance of Thor? 14:17 How Chalice will progress the exploration. 18:09 Geophysics will return news faster. 19:55 Does Thor have a higher chance of success? 21:32 Better Than a Stab In The Dark 23:21 Conclusion 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. PODCAST Share to Grow: Your Bonus This is a good time to download the first Ebook (FREE) from Samso as it is all about VMS (Volcanogenic Massive Sulfides). Samso 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. 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. Please share 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

Rooster Talk Episode 62 is all about why Chalice Mining Limited (ASX: CHN) chose those targets. Venture Minerals Limited (ASX:VMS) has just received some interesting news on their Thor JV with Chalice Mining. The Thor JV has been one of the company's assets with an active exploration program. It is an important part of the portfolio of assets which is worked by Chalice Mining. We have had a Coffee with Samso that was dedicated to that topic (Julimar's Twin Brother - The Thor Project - Venture Minerals Limited (ASX: VMS) - Episode 83) as there is a lot of interest riding on what Chalice is doing in the project. To me, the recent announcement that was published on 13th July has something that is very interesting. The area that they have identified is at a place where I thought was a jog or an area where some extension may have happened. This is fairly observant from the magnetic image where this distinct bend is. This is a very early stage target and I am not saying that there is an X on the ground to discover. What is nice to see is the coincidence with the geophysics. The subtle nature of the wording in the announcement is not consistent with my observation. What I mean is that if they did not find anything geochemically at that spot, I would have been disappointed. I encourage viewers to watch and listen to Andrew Radonjic, Managing Director of Venture Minerals, as today´s conversation has some good points for investors to consider with the "tough" times currently on the market. Chapters 00:00 Start 00:20 Introduction 01:01 Andrew updates. 02:55 The Two Targets. 07:26 Maybe Chalice has found the sweet spot. 12:05 The Western Yilgarn margin. 14:16 Factors that create mineral exploration discoveries. 19:48 Market and Exploration Expectations. 20:36 Other Venture projects. 24:24 The need to understand market sentiment and mineral exploration. 26:40 The need for investors to play the patience game. 27:37 Andrew´s last words. 29:05 Conclusions PODCAST About Andrew Radonjic Qualifications: BAppSc (Mining Geology), MSc (Mineral Economics), MAusIMM Mr. Radonjic is a geologist and mineral economist with over 30 years of experience in mining and exploration, with an initial focus on gold and nickel in the Eastern Goldfields of Western Australia. Andrew has fulfilled a variety of senior roles which gave rise to three gold discoveries, totalling in excess of 3 million ounces in resources and resulting in 1.5 million ounces being produced. Since 2006 Andrew has been an executive director with Venture Minerals, which he has been co-leading during the discovery of the Mount Lindsay Tin-Tungsten deposit. Andrew is a founder and recently was a director of Blackstone Minerals Limited (ASX: BSX). About Venture Minerals Limited Venture Minerals Ltd (ASX: VMS) has refocused its approach to developing the Mount Lindsay Tin-Tungsten Project in northwest Tasmania, already one of the world's largest undeveloped Tin-Tungsten deposits. With higher Tin prices and the recognition of Tin as a fundamental metal to the battery revolution, Venture has commenced an Underground Feasibility Study on Mount Lindsay that will leverage off the previously completed open-pit feasibility work. At the neighbouring Riley Iron Ore Mine, the mine is prepared for a quick restart should the market conditions become favourable. In Western Australia, Chalice Mining (ASX: CHN) recently met its expenditure requirement of $1.2 million to earn up to 51% with a further $2.5 million (at its election) over the next two years to earn 70% at Venture’s South West Project with new targets identified at Thor. At the Company’s Golden Grove North Project, downhole EM has delineated a large conductor under High Grade Zinc-Copper-Gold drill intersections within the 5km long Volcanogenic Massive Sulfide Target Zone, along strike to the world class Golden Grove Zinc-Copper-Gold Mine. Venture has a significant Nickel-Copper-PGE landholding at Kulin with two highly prospective 20-kilometre long Ni-Cu-PGE targets. Share to Grow: Your Bonus eBook: How to add value to your Share Portfolio This is a good time to download our Free Ebook as it is all about VMS (Volcanogenic Massive Sulfides). The eBook is about lessons on geological models sought by mining companies. It gives insight and an understanding of which portfolios are better - and potentially more lucrative investments. Click here to download this eBook. Disclaimer The information or opinions provided herein do not constitute investment advice, an offer or solicitation to subscribe for, purchase or sell the investment product(s) mentioned herein. It does not take into consideration, nor have any regard to your specific investment objectives, financial situation, risk profile, tax position and particular, or unique needs and constraints. Read full Disclaimer. About Samso Samso-Brilliant Distribution Outreach Powerful Advertising opportunities for Samso’s ASX and private business clients. The Brilliant-Online partnership is an opportunity to reach new and wider audiences in a fresh, appealing format to pique and retain investor interest. Contact Veronica directly for your special Samso-Brilliant advertising rate. Read Brilliant Investments