Announcement PDF ASX: SKY ASX ANNOUNCEMENT 27 May 2024 DRILLING UPDATE – TALLEBUNG TIN PROJECT  Additional holes added to the ongoing resource expansion program following broad visual tin mineralisation* intercepted in new southern-most hole, TBRC078.  Twenty-four (24) holes for a total of approximately 4,500m have been added to the ongoing 25 holes – 5,000m resource expansion program, with the program aiming to:  Quickly expand on the southern extension to the deposit discovered in TBRC078, with the aim to include this extension into a future updated MRE,  Further increase this new expansion of the deposit to the south and,  Test northern strike extensions to the Tallebung deposit.  Drillhole TBRC078 represents a 150m step out of the mineralisation along strike to the south, extending tin mineralisation well beyond the previous southern-most drillhole, TBRC065**, where results included: TBRC065: 42m @ 0.20% Tin & 40g/t Silver from 40m, including; 6m @ 0.67% Tin & 68g/t Silver from 67m.  Assay results for the first drillholes are anticipated in the coming weeks.  Additional diamond drilling rig mobilised to bolster the ongoing drilling campaign. The Board of Sky Metals Limited (‘SKY’ or ‘The Company’) is pleased to provide an update to the ongoing drilling programme at the Tallebung Tin Project, NSW TALLEBUNG PROJECT (EL 6699, SKY 100%) RESOURCE EXTENSION AND INFILL DRILLING PROGRAM RC resource expansion drilling program has successfully intercepted visual tin mineralisation well beyond the current extent of the MRE and Exploration Target. The program is aiming to increase the MRE towards the Exploration Target of 23 – 32 Mt at a grade ranging between 0.14 - 0.17 % tin estimated from the drilling completed prior to this latest program (SKY:ASX Announcement 23 January 2024). The potential quantity and grade referred to above as the Exploration Target is conceptual in nature, as there has been insufficient exploration to estimate a Mineral Resource and it is uncertain if further exploration will result in the estimation of a Mineral Resource. *In relation to the disclosure of visible mineralisation, the Company cautions that visual estimates of mineral abundance should never be considered a proxy or substitute for laboratory analyses where concentrations or grades are the factor of principal economic interest. Visual estimates also potentially provide no information regarding impurities or deleterious physical properties relevant to valuations. The Company will update the market when laboratory analytical results become available, expected from June 2024. ** Please see SKY ASX Announcement 24 October 2023 for further details on drillhole TBRC065. SKY METALS LIMITED +61 2 6360 1587 2 HAWTHORN PLACE, ORANGE NSW 2800 WWW.SKYMETALS.COM.AU ABN 46 098 952 035 SKY CEO Oliver Davies commented: “This is a great start to our resource expansion drilling program and highlights the significant potential at Tallebung for continuing resource growth. The SKY exploration team have done an excellent job in targeting additional tin mineralisation in this program, continuing to expand the known tin deposit footprint beyond of the historic workings and well beyond SKYs current MRE and Exploration Target at Tallebung. We eagerly await the assay results for this large extension. “The new additional planned drillholes to follow up this significant result demonstrate how positive this result is to the ongoing resource expansion at Tallebung. Follow up drilling will mean these new intercepts can quickly be included in future resource estimates, building the resource towards a ‘critical mass’ for mining studies to be released.” SOUTHERN EXTENSION DRILLING The drilling program started on the southern extent of the Tallebung deposit to target further extensions to the south. The previous southern-most drillhole, TBRC065, intercepted broad, strong tin mineralisation beyond the footprint of any historic mining and significantly expanding the potential size of the MRE (SKY:ASX Announcement 24 October 2023), results included: TBRC065: 42m @ 0.20% Tin & 40g/t Silver from 40m, including; 6m @ 0.67% Tin & 68g/t Silver from 67m, including; 1m @ 2.85% Tin, 0.03% Tungsten & 353g/t Silver from 67m Hole TBRC078, 150m further along strike to the south from TBRC065, has intersected strong visual tin mineralisation as cassiterite (tin-oxide) between 64m and 73m (refer Figure 1) and strongly indicates that this program has successfully achieved the aim of expanding the deposit scale. In relation to the disclosure of visible mineralisation, the Company cautions that visual estimates of mineral abundance should never be considered a proxy or substitute for laboratory analyses where concentrations or grades are the factor of principal economic interest. Visual estimates also potentially provide no information regarding impurities or deleterious physical properties relevant to valuations. The Company will update the market when laboratory analytical results become available, expected from June 2024. An additional 10 holes have been added to the current program with the specific intent to infill around this new discovery. These drillholes are designed to quickly incorporate the new mineralisation intercepted in this drilling into any new MRE and test for further southern extensions to the deposit. Drilling is currently continuing towards the eastern area around the historic south lead open pit, adjacent to the central mining area, where higher-grade intercepts have been recorded in previous drilling (SKY:ASX Announcement 5 December 2019 & SKY:ASX Announcement 1 November 2021), results included: TBRC071: 7m @ 0.35% Tin & 25.8g/t Silver from 29m, 17m @ 0.36% Tin & 24.8g/t Silver from 164m, including; 4m @ 1.02% Tin, 86.9g/t Silver, 0.08% Copper & 2.61% Zinc from 174m. TBRC009: 44m @ 0.21% Tin from 69m, including; 5m @ 1.33% Tin, 0.04% Tungsten & 16.1g/t Silver from 69m. The successful discovery of tin beyond the extents of the Exploration Target and MRE demonstrates that tin mineralisation is still open in all directions at Tallebung. Further revealing that the current Exploration Target and MRE are only limited by the drilling completed to date 2 Figure 1: Tallebung Tin Project – RHS: Chip trays showing visible tin mineralisation from ~45m-99m in the new southernmost hole at Tallebung, TBRC078, with visible cassiterite-tin mineralisation associated with quartz veining and an insert showing 65m-70m downhole where the most cassiterite-(tin)-quartz veining was observed. LHS: Plan showing existing drillhole collars with newly completed, planned and new planned drillholes shown in yellow, red and green, respectively. The Exploration Target is outlined in the dashed red line. Highlight intercepts from past drilling are also shown with new holes designed to quickly test around these extensions. 3 DIAMOND DRILLING PROGRAM The diamond drilling component has now commenced as of late last week. This program will be using wide diameter PQ drill core to obtain a large sample for geological and metallurgical studies. Importantly, the diamond drilling is designed to increase the geological understanding of the deposit to improve geological models and increase confidence in the expansions of the MRE and Exploration Target. The wide diameter PQ core is also able to provide material for bulk samples to use in metallurgical testwork, as required. NORTHERN EXTENSION DRILLING In addition to the southern expansion drilling, 13 holes are planned to extend the Tallebung MRE to the north. Quartz veining with visible cassiterite nuggets were discovered in the base of the historic central lead open pit where alluvial tin resources were extracted in the 1960s - 1970s. These tin-bearing veins have not been previously tested. Three rock chip samples were taken of these veins, OD20231020-1 – OD20231020-3, and assay results returned averaged over 2.10% Tin (SKY:ASX Announcement 23 January 2024). This demonstrates the high-grade nature of these veins with visible coarse cassiterite, characteristic of the Tallebung Tin Deposit. Drilling is approved to test under these new extensions to the deposit and incorporate this potential extension into a future updated MRE. Furthermore, historic workings and drilling results on the northwestern side of the deposit show the potential for extensions as well and are outside of the already large 23 – 32 Mt Exploration Target estimated above as these results represent a substantial increase in the tin mineralisation footprint at Tallebung (Figure 1). NEXT STEPS This drilling program has been designed to achieve a critical mass MRE and propel the Tallebung project towards mining studies to show the specifics around the potential for a low-cost tin mining operation at the Tallebung Tin Project. The additional 24 holes for approximately ~4,500m of drilling added to the ongoing ~5,000m of RC and diamond drilling is aimed to continue the work to significantly expand the Tallebung MRE. This expanded program is estimated to take another 8 weeks with the first assay results of the drilling expected to be received next month. Following the receipt of the results of this program a new MRE can be estimated, to demonstrate the ongoing growth of the Tallebung Project. 4 Table 1: Tallebung Project – Drillhole Collar Details. Hole ID Easting (MGA) Northing (MGA) RL (m) DIP Azimuth Total (MGA) Depth (m) TBRC074 TBRC075 TBRC076 TBRC077 TBRC078 TBRC079 TBRC080 TBRC081 TBRC082 TBRC083 TBRC084 TBRC085 TBRC086 TBRC087 461034.6 460971.7 460897.7 460938.6 461020.2 461035.3 460791.9 460725.9 460747.9 460792.8 460775.1 460737 460610 460510 6376180 6376207 6376159 6376119 6376061 6376283 6376408 6376671 6376618 6376769 6376732 6376720 6376401 6376361 291.68 292.17 296.74 294.16 295.14 290.22 295.6 282.31 285.01 278.19 277.49 278 291 291 -60 -60 -59.93 -59.84 -59.08 -59.45 57.46 -59.47 -59.11 -60.53 -60.09 -60.13 -60 -59.96 250.4 251.34 250.6 249.96 251.02 253.23 251.44 249.79 253.03 246.9 242.74 244.29 250.4 250.03 5 198 186 198 200 198 120 198 186 204 156 198 198 185 198 Comment Completed. Completed. Completed. Completed. Complete. Strong tin mineralisation intercepted. Completed. Completed. Completed. Completed. Completed. Completed. Completed. Completed. Completed. Table 2: Tallebung Project – Downhole logs of drill core shown in Figure 1. Mineralisation is vein hosted and logging is therefore split into logging of vein volume, number, and minerals 1-7 for each interval along with any disseminated minerals 1-2 and comments. Logging codes are as follows: PO – Pyrrhotite, PY – Pyrite, CST – Cassiterite, SCH – Scheelite, APY – Arsenopyrite, SP – Sphalerite, CPY – Chalcopyrite, MAL – Malachite, ASOX – Arsenic Oxide, FEOX – Iron Oxide. HOLE_ID TO (m) INTERVAL (m) Total VOLUME% VEINS VEIN MIN1 VEIN MIN1 % TBRC078 32 36 4 2 Q 1.8 TBRC078 36 45 9 TBRC078 45 47 2 TBRC078 47 51 4 TBRC078 51 57 6 1 Q 1 ~1% qtz veins each metre TBRC078 57 58 1 6 Q 6 6% qtz VN TBRC078 58 64 6 TBRC078 64 73 9 TBRC078 73 75 2 PY 0.1 no veins with 0.2% Sn in XRF TBRC078 75 81 6 PY 0.1 no veins no min TBRC078 81 99 18 PY 0.1 qtz VNS no min TBRC078 99 104 5 PY 0.1 no veins no min VEIN MIN2 VEIN MIN2 % VEIN MIN3 VEIN MIN3 % VEIN MIN4 VEIN MIN4 % VEIN MIN5 VEIN MIN5 % CST 0.1 SP 0.1 VEIN MIN6 VEIN MIN6 % DISS MIN1 % FROM (m) DISS MIN1 COMMENTS qtz veins in each metre miniature zinc elevation and possible cassiterite at 35m no veins no min 0.5 Q 0.5 trace qtz veins each metre no veins no min no veins no min 20 1 Q Q 12 0.8 PY PY 3 APY 3 CST 0.2 6 1 SP 0.8 CPY ore zone with elevated SN, AS, CU and ZN in massive qtz veins 0.2 This report has been approved for release by the Board of Directors. ABOUT SKY (ASX: SKY) SKY is an ASX listed public company focused on the exploration and development of high value mineral resources in Australia. SKY’s project portfolio offers exposure to the tin, gold, and copper markets in the world class mining jurisdiction of NSW. TIN PROJECTS TALLEBUNG PROJECT (EL6699, 100% SKY) The Tallebung Project is located ~70km north-west of Condobolin in central NSW. The project encompasses the historic Tallebung Tin Mining Field at the northern extent of the Wagga Tin Belt within the central Lachlan Orogen where SKY has a updated MRE of 15.6Mt @ 0.15% Tin*. SKY plans to advance the Tallebung by increasing the resource to the 23-32Mt* Exploration Target and progress development for future mining (*SKY:ASX Announcement 23 January 2024). DORADILLA PROJECT (EL6258, 100% SKY) The Doradilla Project is located ~ 30km south of Bourke in north-western NSW and is a large and strategic REE and tin project with excellent potential for associated polymetallic mineralisation (tungsten, copper, bismuth, indium, nickel, cobalt). NARRIAH PROJECT (EL9524, 100% SKY) The Narriah Project is located ~70km west of West Wyalong in western NSW represents a large tin project with multiple historic workings prospective for tin, tungsten and lithium mineralisation with limited drill testing completed to date. COPPER GOLD PROJECTS IRON DUKE (EL6064, EL9191 100% SKY) The Iron Duke project is located ~10km southeast of Tottenham in central NSW and covers at least 4 significant historic copper-gold mines. High grade copper-gold mineralisation intersected by previous explorers (e.g. 13m @ 1.56% Cu & 4.48g/t Au). GALWADGERE (EL6320, 100% SKY – BML: OPTION TO PURCHASE) The Galwadgere project is located ~15km south-east of Wellington in central NSW. An MRE of 3.6Mt @ 0.78% Cu and 0.28g/t Au at Galwadgere with numerous targets with limited drilling testing adjacent to the MRE. GOLD PROJECTS CULLARIN / KANGIARA projects (EL7954; EL8400 & EL8573, 80% SKY-DVP JV) The Cullarin Project contains equivalent host stratigraphy to the McPhillamys deposit with a similar geochemical, geophysical & alteration signature. ‘McPhillamys-style’ gold results from previous drilling at the Cullarin Project. SKY’s maiden drill program was successful, including HUD002 which returned 93m @ 4.2 g/t Au from 56m. CALEDONIAN PROJECTS (EL8920 & EL9120 100% SKY) Highlight, ‘McPhillamys-style’ gold results from previous exploration include 36m @ 1.2 g/t Au from 0m to EOH in drillhole LM2 and 81m @ 0.87g/t Au in a costean on EL8920 at the Caledonian Project. Figure 2: SKY Tenement Location Map 7 Competent Persons Statement The information in this report that relates to Exploration Results and Results which underpin the Mineral Resource Estimate is based on information compiled by Mr. Oliver Davies, who is a Member of the Australasian Institute of Geoscientists. Mr. Oliver Davies is an employee of Sky Metals Ltd and has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity which he is undertaking to qualify as a Competent Person as defined in the 2012 Edition of the ‘Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves.’ Mr. Davies consents to the inclusion in this report of the matters based on his information in the form and context in which it appears. Previously Reported Information The information in this report that references previously reported exploration results is extracted from the Company’s ASX market announcements released on the date noted in the body of the text where that reference appears. The previous market announcements are available to view on the Company's website or on the ASX website (www. asx.com.au). The Company confirms that it is not aware of any new information or data that materially affects the information included in the original market announcements. The Company confirms that the form and context in which the Competent Person’s findings are presented have not been materially modified from the original market announcements. Disclaimer This report contains certain forward-looking statements and forecasts, including possible or assumed reserves and resources, production levels and rates, costs, prices, future performance or potential growth of Sky Metals Ltd, industry growth or other trend projections. Such statements are not a guarantee of future performance and involve unknown risks and uncertainties, as well as other factors which are beyond the control of Sky Metals Ltd. Actual results and developments may differ materially from those expressed or implied by these forward-looking statements depending on a variety of factors. Nothing in this report should be construed as either an offer to sell or a solicitation of an offer to buy or sell securities. This document has been prepared in accordance with the requirements of Australian securities laws, which may differ from the requirements of United States and other country securities laws. Unless otherwise indicated, all ore reserve and mineral resource estimates included or incorporated by reference in this document have been prepared in accordance with the Australasian Code for Reporting of Exploration Results, Minerals Resources and Ore Reserves JORC Code 2012. 8 JORC CODE, 2012 - TABLE 1 Section 1 Sampling Techniques and Data – TALLEBUNG PROJECT (Criteria in this section apply to all succeeding sections) Criteria Sampling techniques Explanation Commentary  Nature and quality of sampling (e.g. cut channels, random chips, or specific specialised industry  standard measurement tools appropriate to the minerals under investigation, such as downhole gamma sondes, or handheld XRF instruments, etc). These examples should not be taken as limiting the broad meaning of sampling.  Include reference to measures taken to ensure sample representivity and the appropriate calibration of any measurement tools or systems used. RC Drilling – the total sample (~20-30kg) is delivered via cyclone into a large plastic bag which is retained for future use if required. 1m intervals are split using a cone splitter on the rig into a separate calico at the time of drilling. For RC drilling, assay standards or blanks are inserted at least every 50 samples. All sample lab received weights show consistency with recovery and interval length.  Aspects of the determination of mineralisation that are Material to the Public Report. In cases Each sample was dried, crushed and pulverised as per standard industry practice. where ‘industry standard’ work has been done this would be relatively simple (e.g. ‘reverse circulation drilling was used to obtain 1 m samples from which 3 kg was pulverised to produce a RC Drilling – the total sample (~20-30kg) is delivered via cyclone into a large plastic bag which is retained 30 g charge for fire assay’). In other cases, more explanation may be required, such as where for future use if required. 1m intervals are split using a cone splitter on the rig into a separate calico at there is coarse gold that has inherent sampling problems. Unusual commodities or the time of drilling. Where mineralisation has not been logged, 4m composites have been made by using mineralisation types (e.g. submarine nodules) may warrant disclosure of detailed information. a spear to combine equal amounts of samples from each 1m calico. The primary metal of interest, tin (Sn) and also tungsten (W) were determined by lithium borate fusion XRF (method ALS – ME-MS85) – considered appropriate for these elements. Multielement assaying was completed for 48 elements by 0.25g four-acid digest with ICPMS determination (method ALS – MEMS61) Reverse circulation (RC) drilling using 110mm rods, 144mm face sampling hammer. Drilling techniques  Drill type (e.g. core, reverse circulation, open-hole hammer, rotary air blast, auger, Bangka, sonic, etc) and details (e.g. core diameter, triple or standard tube, depth of diamond tails, facesampling bit or other type, whether core is oriented and if so, by what method, etc) Drill sample recovery    Method of recording and assessing core and chip sample recoveries and results assessed. RC drilling - high capacity RC rig was used to enable dry samples collected. Drill cyclone is cleaned Measures taken to maximise sample recovery and ensure representative nature of the samples. between rod changes and after each hole to minimise cross-hole contamination. Whether a relationship exists between sample recovery and grade and whether sample bias may have occurred due to preferential loss/gain of fine/coarse material Sample weights are recorded for each sample. Recoveries were generally excellent and consistent, however, if samples were wet the recoveries were less consistent. There is no known relationship between sample recovery and grade. Where samples recoveries are less than 95% there is no relationship observed between grade and sample recovery. Relationships between sample recovery and grade are not considered significant where recoveries exceeded 95% in fresh rock. 9 Criteria Logging    Explanation Commentary Whether core and chip samples have been geologically and geotechnically logged to a level of detail to support appropriate Mineral Resource estimation, mining studies and metallurgical studies Whether logging is qualitative or quantitative in nature. Core (or costean, channel, etc) photography The total length and percentage of the relevant intersections logged Systematic geological and geotechnical logging was undertaken when the holes were originally drilled. Data collected includes:  Nature and extent of lithologies.  Relationship between lithologies.  Amount and mode of occurrence of ore minerals.  Location, extent, and nature of structures such as bedding, cleavage, veins, faults etc. Structural data (alpha & beta) are recorded for orientated core. Geotechnical data such as recovery, RQD, fracture frequency, qualitative IRS, microfractures, veinlets and number of defect sets. For some geotechnical holes the orientation, nature of defects and defect fill are recorded. Both qualitative and quantitative data is collected. RC chips, half core (HQ) & ¾ core (PQ) samples are retained in trays for future reference. A representative sample of each one metre RC interval is retained in chip trays for future reference. All chips were geologically logged. Sub-sampling techniques and sample preparation       If core, whether cut or sawn and whether quarter, half or all core taken If non-core, whether riffled, tube sampled, rotary split, etc and whether sampled wet or dry For all sample types, the nature, quality and appropriateness of the sample preparation technique Quality control procedures adopted for all sub-sampling stages to maximise representivity of samples Measures taken to ensure that the sampling is representative of the in-situ material collected, including for instance results for field duplicate/second-half sampling. Whether sample sizes are appropriate to the grain size of the material being sampled RC drilling - the total sample (~20-30kg) is delivered via cyclone into a large plastic bag which is retained for future use if required. 1m intervals are split using a cone splitter on the rig into a separate calico at the time of drilling. Where 4m composites have been made, a spear is used to split equal amounts of each metre into the 4m composite. Samples were dried crushed and pulverised to 90% passing 75 microns. This is considered to appropriately homogenise the sample to allow subsampling for the various assay techniques. SKY: Certified Reference Material (CRM) and blanks were inserted at least every 50 samples to assess the accuracy and reproducibility of the drill core results. The results of the standards were to be within ±10% variance from known certified result. If greater than 10% variance the standard and up to 10 samples each side were re-assayed. SGS conducted internal check samples every 20 for multielement assay. RC drilling - duplicate samples are collected of re-split intervals. Duplicates generally show excellent repeatability. Sample sizes are industry standard and considered appropriate Quality of assay data and laboratory tests    The nature, quality and appropriateness of the assaying and laboratory procedures used and Standard assay procedures performed by a reputable assay lab, (ALS), were undertaken. Forty-eight whether the technique is considered partial or total elements Ag, As, Cu, Fe, Pb, S, Zn are digested by four-acid digest then analysed by ICPMS (method MEFor geophysical tools, spectrometers, handheld XRF instruments, etc, the parameters used in MS61). determining the analysis including instrument make and model, reading times, calibrations factors applied and their derivation, etc Sn and W assays were generated by lithium borate fusion XRF (method ME-MS85) – considered Nature of quality control procedures adopted (e.g. standards, blanks, duplicates, external appropriate for these elements. laboratory checks) and whether acceptable levels of accuracy (i.e. lack of bias) and precision have been established No geophysical tools were used in the determination of assay results. Certified reference material or blanks were inserted at least every 50 samples. Standards are purchased 10 Criteria Explanation Commentary from Certified Reference Material manufacture companies: Standards were purchased in foil lined packets of between 60g and 100g. Different reference materials were used to cover high grade, medium grade, low grade, and trace ranges of elements, with a primary focus on Sn and Cu. Verification of sampling  and assaying    Drill data is compiled and collated and reviewed by senior staff. External consultants do not routinely The verification of significant intersections by either independent or alternative company verify exploration data until resource estimation procedures are deemed necessary. The intersection personnel. calculations were viewed by >1 geological personnel. The use of twinned holes. Documentation of primary data, data entry procedures, data verification, data storage (physical Twinned holes have been used by past explorers to validate the results achieved and have confirmed and electronic) protocols. these historic results. Discuss any adjustment to assay data Drill Hole Data including: meta data, any gear left in the drill hole, lithological, mineral, survey, sampling, magnetic susceptibility was collected and stored as physical and electronic copies or entered directly into an excel spread sheet using drop down codes. When complete the spreadsheet was combined into a master excel spreadsheet as the drill hole database. Assay data was provided by ALS via .csv spreadsheets. The data was validated using the results received from the known certified reference material. Hard copies of the assay certificates were stored with drill hole data such as drillers plods, invoices, and hole planning documents. Assay data is not adjusted. Location of data points    Accuracy and quality of surveys used to locate drill holes (collar and down-hole surveys), trenches, mine workings and other locations used in Mineral Resource estimation. Specification of the grid system used Quality and adequacy of topographic control Historic drill hole collars were located using either a licenced surveyor or on a local imperial or metric grid. Conversion of the local grid co-ordinates has been undertaken by previous exploration companies. SKY has used DGPS surveying of drillholes (± 0.1m) to accurately locate them. All coordinates are based on Map Grid Australia Zone 55E, Geodetic Datum of Australia 1994. Historic drill hole collars were located using either a licenced surveyor or on a local imperial or metric grid. SKY has used DGPS surveying of drillholes (± 0.1m) to accurately locate them, or handheld GPS (+/3m). Where handheld GPS has been used SKY will DGPS them at a later date. Data spacing and distribution    Orientation of data in relation to geological structure   Data spacing for reporting of Exploration Results At this early exploration stage, the data spacing is variable as the focus is on geological mapping and Data spacing for reporting of Exploration Results Whether the data spacing, and distribution is identifying new zones of mineralisation. sufficient to establish the degree of geological and grade continuity appropriate for the Mineral Resource and Ore Reserve estimation procedure(s) and classifications applied The maiden MRE was estimated to inferred only and increases in resource confidence will require tighter Whether sample compositing has been applied spaced drilling in future programs. Sample compositing is not applied. Whether the orientation of sampling achieves unbiased sampling of possible structures and the Drilling was orientated to cross the mineralisation trend at moderate to high angles. The use of extent to which this is known, considering the deposit type orientated core allows estimates of the true width and orientation of the mineralisation to be made. If the relationship between the drilling orientation and the orientation of key mineralised structures is considered to have introduced sampling bias, this should be assessed and reported No sample bias due to drilling orientation is known. The structural controls on mineralisation is if material considered well understood and consistent. 11 Criteria Explanation Commentary Sample security  The measures taken to ensure sample security Sample chain of custody has been managed by the employees of Sky Metals who commissioned the drilling and transport samples from the drilling rig to assay laboratory. All samples are bagged in tied numbered calico bags, grouped into larger tied polyweave bags, or placed in a stillage box and transported to ALS in Orange by SKY personnel. All sample submissions are documented via ALS tracking system and all assays are reported via email. Sample pulps are returned to site and stored