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Lepidico - Karibib Mineral Resource Expanded

Mineral Resource estimates completed for lepidolite rich surface stockpiles and tailings from former operations

Surface stockpile Inferred Resources of 570,000 t @ 0.8% Li2O

Rubicon tailings upgrade to Indicated category; 71,000 t @ 1.0% Li2O, 538 ppm Cs, 0.42% Rb and 60 ppm Ta

Contained lithium in Karibib Project Mineral Resources, including Inferred category material, increased by 10%

Indicated category Rubicon tailings require minimal grinding and represent an additional 6 months’ feed for the Phase 1 concentrator

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