Three drilling programs and one sampling program have been completed at Cape Flattery Silica sands Project (CFS) since December 2019. The combined database for the CFS Project now comprises 144 drill holes comprising approximately 2,000m of drilling.

The sampling program which was completed in 2019 confirmed the presence of high purity silica sand. The exploration program consisted of hand-auguring eight holes to an average penetration depth of 4.75m on the eastern target of the tenement which is located adjacent to Mitsubishi’s large and established Cape Flattery Silica Sand mine.

The majority of the eight auger holes returned 1m sample intervals of >99% SiO2 with the drill intercepts averaging between 96.1% and 99.1% SiO2 . The results are comparable with known deposits in the region. Seven of the eight holes ended in high-purity silica sand.

In December 2020, a 22 hole drilling program was completed which included approximately 500m of drilling. The program allowed the company to upgrade the Maiden Resource to an Indicated Resource category.

In July/August 2021 a ninety-eight (98) hole infill and step-out drilling program was completed on the Eastern Target Area using a vacuum-based drill rig. Utilising the assay data from the August 2021 drilling program industrial mineral specialists, Ausrocks Pty Ltd, estimated a 40% increase to the resource, which included a significant increase in the Indicated resource and the classification of Measured resource.

In December 2021 a twenty-four (24) hole infill drilling program was completed. The infill drilling was designed to improve drill hole density within the existing Mineral Resources envelope. It is expected that this improvement in drill hole density and associated information will be sufficient to upgrade some of the Inferred resources to the Indicated category and to possibly increase the Measured resource category.  The visual inspection of the samples collected show a high proportion of clean white sand.