Approvals Progress: SEARs have been issued for Tallebung, moving the project into the EIS phase of the NSW SSD approvals process—an important step toward development approval.

De-risking Milestone: Advancing to the EIS stage integrates existing technical and environmental work, significantly de-risking the project.

Upcoming Catalysts: An updated Mineral Resource Estimate (MRE) and Pre-Feasibility Study (PFS) are imminent.

Resource Growth: The new MRE will include recent shallow, high-grade tin‑tungsten‑silver intersections, supporting strong resource scale and early development potential.

Exploration Upside: Further assay results from extensional drilling are pending, offering potential for additional resource expansion beyond the upcoming MRE.