Samphire Uranium Project

Uranium project comprising the Blackbush and Plumbush deposits. Located approximately 20 km southwest of Whyalla, South Australia. Property covers multiple granted exploration licenses. Hosted within the shallow Kanaka Beds of the Pirie Basin. Acquired from Samphire Uranium Limited in October 2020. Field Recovery Trial pilot plant fabrication completed with on-site construction commencing late 2024. Updated December 2023 Scoping Study outlines a post-tax NPV8 of A$257M and AISC of US$33.31/lb U3O8. Definitive Feasibility Study and Mining Lease Application targeted for 2H 2026. Flagship ISR uranium asset.