Announcement PDF ASX Announcement Released 12 September 2024 Exceptional Assay Results Returned from Falcon Lake Lithium Project Significant Assays Returned from New Discoveries at Falcon Lake Project, Expanding Mineralisation and Enhancing Prospectivity Highlights • Exceptional Drill Results: Recent assays from the Falcon Lake Lithium Project have delivered impressive results, with significant intercepts including 28.25m @ 1.30% Li2O and 18.40m @ 1.88% Li2O. • Expansion of Mineralisation: The new drilling has expanded the mineralised zones, particularly at the Falcon Little Lake target, demonstrating the potential for scale across the 5km prospective corridor. • Significant intercepts include: o 28.25 metres @ 1.30% Li2O from 53.9m down-hole, 24FL-087  Including 5.45m @ 2.03% Li2O. o 23.30 metres @ 1.13% Li2O from 88.7m down-hole, 24FL-087 o 24.90 metres @ 1.34% Li2O from 18.95m down-hole, 24FL-098  Including 5.8m @ 1.98% Li2O. o 18.40 metres @ 1.88% Li2O from 55.00m down-hole, 24FL-100  Including 5.0m @ 2.44% Li2O. o 25.60 metres @ 0.93% Li2O from 57.50m down-hole, 24FL-102  Including 11.95m @ 1.32% Li2O. • Enhanced Prospectivity: The strong assay results from the summer program validate the company's exploration strategy and set the stage for future works. Battery Age Minerals Ltd (ASX: BM8; “Battery Age” or “the Company”) is pleased to announce the initial assays from the 2024 summer drilling program at its Falcon Lake Lithium Project in Ontario, Canada. The mineralised drill intercepts confirm the potential for new discoveries, with spodumene-bearing pegmatite up to 40m thick, intersected during the maiden drill program at the Falcon Little Lake target and an expanded strike length at the Falcon East Extension, adding to the mineralisation drilled in 2023 at Falcon East. Seven holes have been completed at the Falcon Little Lake pegmatite target, with six holes intersected significant mineralisation (Appendix 1, Table 1). The three drill holes testing the SSE extension of this target show thickening of the mineralised body along strike and at depth. The 2023 geophysical survey indicates a magnetic low to the south, in line with the pegmatite bodies, and enhancing the prospectivity of this southern extension. Battery Age Minerals Ltd ASX: BM8 ACN 085 905 997 batteryageminerals.au T: +61 (8) 6109 6689 E: info@batteryage.au Level 50, 108 St Georges Terrace Perth, WA 6000 PO Box 7310, Cloisters Square Po, WA 6850 1 The Falcon Little Lake spodumene-bearing pegmatite is open in all directions. With the return of high assay values from 6 of 7 holes drilled at the new discovery. The spodumene lobe drilled in hole 24FL-105, is the deepest and furthest SSE mineralisation drilled on the property to date and has been targeted at the north end of the magnetic low. Assays increased to the SSE and at depth with 7.5m of 1.58% Li2O from 121.5m to 129.00m in hole 24FL-105. Drill Hole 24FL-087 24FL-087 Including 24FL-087 24FL-088 24FL-088 24FL-089 Including 24FL-091 24FL-092 24FL-098 Including 24FL-100 Including 24FL-102 Including 24FL-103 Including 24FL-104 Including 24FL-105 Including From (m) 39.50 53.90 73.55 88.70 82.15 99.80 148.10 152.00 155.10 28.00 18.95 26.05 To (m) 46.85 82.15 79.00 112.00 95.90 116.60 159.00 157.70 158.10 30.90 43.85 31.85 Interval (m) 7.35 28.25 5.45 23.30 13.75 16.80 10.90 5.70 3.00 2.90 24.90 5.80 Li20 W% 1.38 1.30 2.03 1.13 1.15 0.99 0.97 1.26 1.19 1.25 1.34 1.98 55.00 62.00 57.50 70.10 64.55 89.70 71.10 71.10 88.70 121.50 73.40 67.00 83.10 82.05 99.25 99.25 93.20 81.10 129.50 129.00 18.40 5.00 25.60 11.95 34.70 9.55 22.10 10.00 40.80 7.50 1.88 2.44 0.93 1.32 0.53 1.49 0.80 1.46 0.49 1.58 Table 1 – 2024 Falcon Lake Drilling results. Intervals are down hole length, true width not known. The Falcon East Extension was discovered and drilled in the winter of 2023. A further seven holes tested the down dip extension of the mineralisation at the start of the 2024 summer program. Results are extremely positive with a cumulative total of 59.80m of strongly mineralised pegmatites intersected by hole 24FL-087 and a cumulative total of 30.55m in 24FL-088. Further results including spodumene mineralisation in 5 of the 6 holes confirm the potential for this target to grow along strike and to the south, Appendix 1, Table 1. ASX Announcement Released 12 September 2024 2 Figure 2 – Falcon Little Lake plan view Falcon East Extension Falcon Little Lake Figure 3 – Plan view of the completed and planned drill hole collars across the Falcon Lake Mineralised corridore ASX Announcement Released 12 September 2024 3 The 2024 summer drilling program at the Falcon Lake Lithium Project is targeting several, of the 30 high-priority pegmatite discoveries from the 2023 field program and expands on the 9,200m, of drilling conducted in 2023. Figure 4 – Core box containing spodumene grading 1.88% Li2O in hole 24FL-100, Falcon Little Lake (refer to Appendix 1, Table 1, significant intercept table). Battery Age CEO, Nigel Broomham, commented: "We are thrilled with the exceptional results from our latest drilling program at the Falcon Lake Lithium Project. The significant intercepts, including 28.25 meters at 1.30% Li2O and 18.40 meters at 1.88% Li2O, underscore the high potential of our discoveries. The expansion of mineralisation at both the Falcon Little Lake and Falcon East Extension targets demonstrates the potential scale of this system across the 5km corridor. The successful assays from our summer program validate our exploration strategy and provide a solid foundation for our upcoming drilling activities. With mineralisation extending in all directions and promising new targets identified, we are confident in our ability to continue making significant progress and uncovering further value for our shareholders." [ENDS] Release authorised by the Board of Battery Age Minerals Ltd. Contacts Investors / Shareholders Nigel Broomham Chief Executive Officer P: +61 (0)8 6109 6689 E: info@batteryage.au ASX Announcement Released 12 September 2024 Media Kelly-Jo Fry Battery Age Minerals P: +61 (0)8 6109 6689 E: kjfry@batteryage.au 4 Competent Person Statement The information in this Report that relates to Geological Data and Exploration Results for the Falcon Lake Lithium Project is based on, and fairly represents, information and supporting documentation compiled and reviewed by Mr Nigel Broomham (BSc (Hons) Geology & Resource Economics) who is a Member of the Australasian Institute of Mining and Metallurgy (AusIMM) and holds a Professional Certificate in JORC Code Reporting. Mr Broomham is the Chief Executive Officer of Battery Age Minerals. Mr Broomham 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 Joint Ore Reserves Committee (JORC) "Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves". Mr Broomham consents to the inclusion in this report of the matters based on information in the form and context in which they appear. Mr Broomham holds securities in the Company. The Company confirms that it is not aware of any new information or data that materially affects the information included in any original announcement and that all material assumptions and technical parameters underpinning the estimates in the original market announcement continue to apply and have not materially changed. Compliance Statement This report contains information on the Falcon Lake Project extracted from an ASX market announcement dated 7 December 2022, 2 February 2023, 4 July 2023, 26 July 2023, 31 July 2023, 2 August 2023, 16 August 2023, 6 September 2023, 14 September 2023, 5 October 2023, 16 October 2023, 25 October 2023, 30 November 2023, 13 December 2023, 8 July 2024 and 12 August 2024 released by the Company and reported in accordance with the 2012 edition of the “Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves” (JORC Code). The original market announcement is available to view on www.batteryage.au and www.asx.com.au. Battery Age is not aware of any new information or data that materially affects the information included in the original market announcement. Forward-Looking Statement This announcement may contain certain forward-looking statements and projections. Such forward looking statements/projections are estimates for discussion purposes only and should not be relied upon. Forward looking statements/projections are inherently uncertain and may therefore differ materially from results ultimately achieved. Battery Age Minerals Limited does not make any representations and provides no warranties concerning the accuracy of the projections and disclaims any obligation to update or revise any forward-looking statements/projects based on new information, future events or otherwise except to the extent required by applicable laws. While the information contained in this report has been prepared in good faith, neither Battery Age Minerals Limited or any of its directors, officers, agents, employees or advisors give any representation or warranty, express or implied, as to the fairness, accuracy, completeness or correctness of the information, opinions and conclusions contained in this announcement. ASX Announcement Released 12 September 2024 5 Appendix 1 – Drill Collar Maps, Visual Estimates, Drill Collar Positions & Mineralised Intercepts ASX Announcement Released 12 September 2024 6 ASX Announcement Released 12 September 2024 7 Hole From_m To_m Interval_m Li2O (%) 23FL-031 14.65 46.4 31.75 1.45 23FL-001 16.65 44.25 27.6 1.37 24FL-087 53.9 82.15 28.25 1.30 24FL-100 55 73.4 18.4 1.88 24FL-098 18.95 43.85 24.9 1.34 23FL-004 5.7 27.62 21.92 1.44 23FL-076 1.75 20.7 18.95 1.65 23FL-081 66.6 87.25 20.65 1.48 24FL-087 88.7 112 23.3 1.13 23FL-077 37.8 56.25 18.45 1.4 23FL-067 28.5 47.6 19.1 1.34 23FL-005 46.3 76.05 29.75 0.81 24FL-102 57.5 83.1 25.6 0.93 23FL-059 19.65 47 27.35 0.83 23FL-030 3.7 18.4 14.7 1.5 23FL-024 5.4 18.75 13.35 1.5 24FL-105 88.7 129.5 40.8 0.49 23FL-061 11.95 30 18.05 1.02 24FL-103 64.55 99.25 34.7 0.53 24FL-104 71.1 93.2 22.1 0.80 23FL-018 3.6 12.25 8.65 2.04 23FL-075 26.7 39.6 12.9 1.36 24FL-088 99.8 116.6 16.8 0.99 23FL-071 46.8 64 17.2 0.92 24FL-088 82.15 95.9 13.75 1.15 23FL-020 22.05 33.5 11.45 1.33 23FL-058 11.1 27 15.9 0.95 23FL-072 48.8 69 20.2 0.58 23FL-065 26.6 37.75 11.15 1.05 23FL-023 56.05 63.21 7.16 1.63 23FL-082 91.55 99.45 7.9 1.4 23FL-002 7.5 16.2 8.7 1.24 24FL-089 148.1 159 10.9 0.97 24FL-087 39.5 46.85 7.35 1.38 23FL-070 38.2 43.4 5.2 1.75 Table 1 – Significant Intercepts at Falcon Lake. 2024 Drilling Highlighted Hole Length_m UTM_East UTM_North UTM_Elevation Azimuth Dip 23FL-001 56 418403.3 5591981 359 300 60 23FL-002 125 418363.7 5592004.3 360 300 -60 ASX Announcement Released 12 September 2024 8 Hole Length_m UTM_East UTM_North UTM_Elevation Azimuth Dip 23FL-003 122 418434.4 5591962.6 359 300 -60 23FL-004 44 418391.8 5592037.4 363 300 -60 23FL-005 101 418430.2 5592021.9 361 300 -60 23FL-006 145 418473.8 5591997.4 360 300 -60 23FL-007 50 418337.6 5591959.3 358 300 -60 23FL-008 101 418381.2 5591934.7 359 300 -60 23FL-009 140 418424.7 5591910.2 361 300 -60 23FL-010 41 418416.1 5592069.5 362 300 -60 23FL-011 122 418476.5 5592053.2 362 300 -60 23FL-012 53 418313.1 5591915.7 359 300 -60 23FL-013 101 418356.6 5591891.2 361 300 -60 23FL-014 140 418400.2 5591866.6 362 300 -60 23FL-015 305 418440 5591987.7 356 300 -80 23FL-016 140 418443.8 5591842.1 361 300 -60 23FL-017 41 418350 5591981.1 357 300 -60 23FL-018 86 418393.5 5591956.5 354 300 -60 23FL-020 92 418396.4 5592012.3 355 300 -60 23FL-021 101 418440 5591987.7 356 300 -60 23FL-022 41 418399 5592068.2 361 300 -60 23FL-023 110 418442.5 5592043.7 364 300 -60 23FL-024 77 418347.1 5591925.3 358 300 -60 23FL-025 95 418390.6 5591900.7 358 300 -60 23FL-026 89 418434.4 5591876 362 300 -60 23FL-029 74 418420.4 5592056.1 361 300 -60 23FL-030 50 418397 5592051.9 361 300 -60 23FL-031 53 418360 5592029 362 210 -60 23FL-032 68 418360 5592029 362 300 -60 23FL-033 86 418342 5592034 361 210 -60 23FL-034 83.2 420012.6 5591877 339.03 300 -60 23FL-035 50 419988.1 5591834 341.19 300 -60 23FL-036 152 420056.8 5591853 341.41 300 -60 23FL-037 197 420053.5 5591797 342.45 300 -60 23FL-038 185 419957 5591661 356 300 -55 23FL-039 176 419905 5591680 300 300 -60 23FL-040 176 419977 5591675 412 300 -55 23FL-041 194 419949 5591636 412 300 -55 23FL-042 185 419979 5591713 343 300 -55 23FL-043 185 419995 5591830 340 300 -60 23FL-044 155 42062.69 5591388 388 300 -55 23FL-045 122 420673 5591419 388 300 -55 23FL-046 101 420602 5591344 376 300 -55 23FL-047 116 420698 5591463 392 300 -55 23FL-048 101 420734 5591528 391 300 -55 23FL-049 101 420704 5591648 390 300 -55 ASX Announcement Released 12 September 2024 9 Hole Length_m UTM_East UTM_North UTM_Elevation Azimuth Dip 23FL-050 98 420737 5591584 389 300 -55 23FL-051 77 420663 5591545 384 300 -55 23FL-052 101 420784 5591562 381 300 -55 23FL-053 101 420430 5591471 383 310 -50 23FL-054 110 420484 5591443 335 310 -50 23FL-055 149 420527 5591468 393 290 -60 23FL-056 152 420474 5591408 379 300 -50 23FL-057 287 420474 5591408 379 310 -80 23FL-058 50 420675 5591531 390 300 -55 23FL-059 89 420675 5591531 390 300 -75 23FL-060 98 420675 5591505 391 300 -55 23FL-061 86 420682 5591505 390 300 -55 23FL-062 92 420688 5591579 388 300 -55 23FL-063 80 420661 5591482 390 300 -55 23FL-064 74 420655 5591458 390 300 -55 23FL-065 95 420696 5591575 389 260 -55 23FL-066 89 420762 5591584 380 270 -55 23FL-067 23FL-068 62 110 420758 420758 5591589 5591589 380 388 70 70 -45 -60 23FL-069 80 420804 5591585 375 270 -45 23FL-070 101 420804 5591585 375 270 -65 23FL-071 110 420705 5591560 390 270 -55 23FL-072 107 420694 5591518 390 270 -60 23FL-073 80 420720 5591656 390 270 -55 23FL-074 101 420745 5591656 389 270 -55 23FL-075 107 420745 5591682 391 270 -55 23FL-076 119 420745 5591707 394 270 -55 23FL-077 92 420770 5591706 395 270 -55 23FL-078 101 420770 5591732 395 270 -55 23FL-079A 19 420795.5 5591757 395 270 -55 23FL-079B 122 420796.5 5591757 395 270 -55 23FL-080 122 420769.8 5591681 387 270 -55 23FL-081 122 420795 5591706 387 275 -55 23FL-082 131 420819 5591706 386 270 -55 23FL-083 107 420770.6 5591655 387 270 -55 23FL-084 140 420826 5591621 386 270 -45 23FL-085 140 420852 5591609 386 270 -45 24FL-086 24FL-087 24FL-088 24FL-089 24FL-090 24FL-091 140 152 200 215 173 221 420846 420795 420821 420847 420796 420869 5591702 5591683 5591683 5591683 5591662 5591683 390 392 392 391 388 387 270 270 270 270 270 270 -55 -55 -55 -55 -55 -55 ASX Announcement Released 12 September 2024 10 Hole Length_m 24FL-092 24FL-093 24FL-094 24FL-095 24FL-096 24FL-097 24FL-098 24FL-099 24FL-100 24FL-101 24FL-102 24FL-103 24FL-104 24FL-105 92 101 128 131 176 119 101 161 164 164 122 140 113 161 UTM_East 421400 421387 421422 421406 421430 421436 421523 421558 421558 421558 421457 421430 421430 421430 UTM_North 5591416 5591395 5591403 5591374 5591358 5591432 5591371 5591390 5591390 5591390 5591384 5591358 5591358 5591358 UTM_Elevation 371 370 369 365 366 377 368 365 365 365 369 366 366 366 Azimuth Dip 300 300 300 300 300 300 300 300 265 265 120 120 150 120 -55 -55 -55 -55 -55 -55 -55 -55 -55 -70 -45 -45 -45 -60 Table 2 – Falcon Lake Completed Holes to date, with recent holes in bold - Drill Collar Details. UTM Grid: NAD83_Z16N Hole 23FL-001 23FL-002 23FL-002 23FL-003 23FL-004 23FL-005 23FL-007 23FL-007 23FL-008 23FL-008 23FL-008 23FL-010 23FL-014 23FL-017 23FL-017 23FL-018 23FL-018 23FL-018 23FL-020 23FL-020 23FL-021 23FL-023 23FL-024 23FL-024 23FL-024 23FL-030 23FL-031 23FL-033 23FL-033 ASX Announcement Released 12 September 2024 From_m To_m Interval Li2O_% 16.65 7.5 62 40.18 5.7 46.3 9.05 29 29.8 33.7 39.43 28.75 13.38 14.3 23.2 3.6 13.75 69.5 22.05 29 46.52 56.05 5.4 26.8 37.8 3.7 14.65 53.9 57.03 44.25 16.2 86 43.62 27.62 76.05 15.64 32.52 32.5 34.55 47.28 29.3 14.95 19 29.09 12.25 19.8 80.5 33.5 33 48.37 63.21 18.75 30.5 39.6 18.4 46.4 56.54 64.5 27.6 8.7 24 3.44 21.92 29.75 6.59 3.52 2.7 0.85 7.85 0.55 1.57 4.7 5.89 8.65 6.05 11 11.45 4 1.85 7.16 13.35 3.7 1.8 14.7 31.75 2.64 7.47 1.36 1.3 0.32 1.09 1.45 0.81 0.33 1.48 1 0.42 0.24 1.34 0.54 1 1.23 2.04 1.23 0.12 1.33 1.93 1.16 1.63 1.5 0.91 0.32 1.5 1.45 1.18 1.02 11 23FL-034 23FL-034 23FL-037 23FL-037 23FL-038 23FL-040 23FL-040 23FL-041 23FL-041 23FL-041 23FL-041 23FL-041 23FL-044 23FL-045 23FL-045 23FL-047 23FL-048 23FL-050 23FL-053 23FL-054 23FL-054 23FL-056 23FL-058 23FL-059 23FL-060 23FL-061 23FL-063 23FL-065 23FL-067 23FL-069 23FL-069 23FL-070 23FL-070 23FL-071 23FL-072 23FL-073 23FL-074 23FL-075 23FL-076 23FL-077 23FL-078 23FL-079B 23FL-080 23FL-080 23FL-081 23FL-082 23FL-082 24FL-086 24FL-087 ASX Announcement Released 12 September 2024 30.05 32.44 97.45 160.55 112.5 134 141.2 105.25 112.85 118 121.75 133.8 2.75 17.25 24.7 77.7 38.99 2.5 2.85 17.6 73.2 98.45 11.1 19.55 23.85 11.95 10.65 26.6 28.5 29.2 32.7 38.2 46.2 46.8 48.8 3.8 35 26.7 1.75 37.8 17 85.8 50.95 57.8 66.6 91.55 100.85 119.95 39.5 32.19 32.89 98.5 161.7 117.95 139.95 143.75 107.4 116.15 120.25 122.95 143.6 4.6 19.45 27.15 83.2 41.92 5.41 4.05 18.6 73.9 100.15 27 47 31 30 17 37.75 47.6 31.65 38.3 43.4 47.55 64 69 9.1 39.5 39.6 20.7 56.25 20 87.5 55.6 60.5 87.25 99.45 104.5 121.3 46.85 2.14 0.45 1.05 1.15 5.45 5.95 2.55 2.15 3.3 2.25 1.2 9.8 1.85 2.2 2.45 5.5 2.93 2.91 1.2 1 0.7 1.7 15.9 27.45 7.15 18.05 6.35 11.15 19.1 2.45 5.6 5.2 1.35 17.2 20.2 5.3 4.5 12.9 18.95 18.45 3 1.7 4.65 2.7 20.65 7.9 3.65 1.35 7.35 0.83 1.32 0.14 0.13 0.23 0.69 0.29 0.72 0.21 1.95 1.02 0.14 1.21 0.83 0.61 0.73 1.16 1.03 0.48 0.42 0.27 1.24 0.95 0.83 1.06 1.02 1.06 1.05 1.34 1.6 1.27 1.75 0.38 0.92 0.58 0.48 0.03 1.36 1.65 1.4 0.32 0.13 1.43 1.58 1.48 1.4 1.02 0.20 1.38 12 24FL-087 24FL-087 24FL-087 24FL-088 24FL-088 24FL-089 24FL-091 24FL-092 24FL-094 24FL-095 24FL-098 24FL-100 24FL-102 24FL-103 24FL-104 24FL-105 53.9 88.7 120 82.15 99.8 148.1 155.1 28 59 82.2 18.95 55 57.5 64.55 71.1 88.7 82.15 112 121.6 95.9 116.6 159 158.1 30.9 64.85 86 43.85 73.4 83.1 99.25 93.2 129.5 28.25 23.3 1.6 13.75 16.8 10.9 3 2.9 5.85 3.8 24.9 18.4 25.6 34.7 22.1 40.8 1.30 1.13 0.68 1.15 0.99 0.97 1.19 1.25 0.13 0.12 1.34 1.88 0.93 0.53 0.80 0.49 Table 3 –Mineralised Intervals (>0.1% Li2O) and greater than 0.45m. Intervals are down hole length, true width not known. Appendix 2 – JORC CODE, 2012 EDITION – TABLE 1 Section 1 Sampling Techniques and Data (Criteria in this section apply to all succeeding sections.) Criteria Sampling techniques JORC Code explanation • Nature and quality of sampling (eg cut channels, random chips, or specific specialised industry standard measurement tools appropriate to the minerals under investigation, such as down hole 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. • Aspects of the determination of mineralisation that are Material to the Public Report. • In cases where ‘industry standard’ work has been done this would be relatively simple (eg ‘reverse circulation drilling was used to obtain 1 m samples from which 3 kg was pulverised to produce a 30 g charge for fire assay’). In other cases more explanation may be required, such as where there is coarse gold that has inherent sampling problems. Unusual commodities or mineralisation types (eg submarine nodules) may warrant disclosure of detailed information. ASX Announcement Released 12 September 2024 Commentary • All diamond drill core is NQ (76mm) in this drilling program. • Diamond core sample intervals are logged for lithology, structural and geotechnical information, measured, photographed, and placed into numbered trays prior to sampling. • Core has been sampled on nominal ~1m intervals (0.80 – 1.20m) where possible unless geological boundaries dictate otherwise. • Geological boundaries have not been crossed by sample intervals. • ½ core samples have been split by core saw, collected, and submitted for analysis to AGAT Laboratories along with regular duplicates, standards and blanks in line with QAQC procedures. • The same side of the core is always sampled in-line with 13 Criteria Drilling techniques Drill sample recovery Logging Subsampling techniques and sample preparation JORC Code explanation • Drill type (eg core, reverse circulation, openhole hammer, rotary air blast, auger, Bangka, sonic, etc) and details (eg core diameter, triple or standard tube, depth of diamond tails, face-sampling bit or other type, whether core is oriented and if so, by what method, etc). • Method of recording and assessing core and chip sample recoveries and results assessed. • Measures taken to maximise sample recovery and ensure representative nature of the samples. • 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. • 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. • 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. ASX Announcement Released 12 September 2024 Commentary procedure. • All holes are NQ diamond drill holes. • A Gyro based system has been used for both rig alignment and downhole measurements on all holes. • All core is depth marked and oriented to check against drillers measurements (blocks), ensuring that all core loss is considered. Diamond core recovery is recorded into the database. • No significant core loss has been observed to date. • All drill cores have been geologically logged. • Geological logging is completed for all holes, and it is representative. • The lithology, alteration, geotechnical and structural characteristics of drill samples are logged following standard procedures and using standardised geological codes. • Logging is both qualitative and quantitative depending on field being logged. • All drill-holes are logged in full. • All drill core are digitally photographed and stored. • All core has been cut and sampled at the core processing facility in Armstrong, Ontario. • NQ core was split by saw in half, always using the same half for sampling purposes. • Duplicate sampling is carried out routinely throughout the drilling campaign in line with QAQC procedure. The laboratory will carry out routine internal repeat assays on crushed samples. • Considering the grain size, half core NQ samples are believed to be a representative of the sample. 14 Criteria Quality of assay data and laboratory tests Verification of sampling and assaying Location of data points JORC Code explanation • The nature, quality and appropriateness of the assaying and laboratory procedures used and whether the technique is considered partial or total. • For geophysical tools, spectrometers, handheld XRF instruments, etc, the parameters used in determining the analysis including instrument make and model, reading times, calibrations factors applied and their derivation, etc. • Nature of quality control procedures adopted (eg standards, blanks, duplicates, external laboratory checks) and whether acceptable levels of accuracy (ie lack of bias) and precision have been established. • The verification of significant intersections by either independent or alternative company personnel. • The use of twinned holes. • Documentation of primary data, data entry procedures, data verification, data storage (physical and electronic) protocols. • Discuss any adjustment to assay data. • 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. • • • • • • • • • • Data spacing and distribution Orientation of data in relation to geological structure • Data spacing for reporting of Exploration Results. • Whether the data spacing and distribution is sufficient to establish the degree of geological and grade continuity appropriate for the Mineral Resource and Ore Reserve estimation procedure(s) and classifications applied. • Whether sample compositing has been applied. • Whether the orientation of sampling achieves unbiased sampling of possible structures and the extent to which this is known, considering the deposit type. • If the relationship between the drilling orientation and the orientation of key mineralised structures is considered to have introduced a sampling bias, this should be assessed and reported if material. ASX Announcement Released 12 September 2024 • Commentary Samples have been submitted to AGAT laboratories. AGAT is an internationally certified independent service provider. Industry standard assay quality control techniques will be used for lithium related elements. Samples are submitted for multi-element ICP analysis Sodium Peroxide Fusion is used followed by combined ICP-OES and ICP-MS analyses (58 elements). No verification of sampling and assaying have been completed by BM8 to date. Selected sample results which are considered to be significant will be subjected to resampling by the company in the future. The drill hole collar positions in Appendix. 1 have been located by handheld GPS. On completion of drilling program, collar positions will be located by digital GPS and reports updated accordingly. The grid datum is NAD83 Zone 16N. Downhole surveys have been collected approx. every 30m utilizing gyro tool. This is a preliminary drilling campaign and therefore suitable spacing and distribution to establish the degree of geological and grade continuity appropriate for the Mineral Resource and Ore Reserve estimation is yet to be determined. • Drilling has been carried out in order to sample across the strike of the mineralisation, based on surface mapping and limited historical drilling. However, as this drilling is preliminary, further drilling is required to determine the orientation of mineralisation in this area. 15 Criteria Sample security JORC Code explanation • The measures taken to ensure sample security. Audits or reviews • The results of any audits or reviews of sampling techniques and data. ASX Announcement Released 12 September 2024 Commentary • At all times samples were in the custody and control of the Company’s representatives until delivery to the laboratory where samples are held in a secure enclosure pending processing. • No external audit has been undertaken at this stage. 16 Section 2 Reporting of Exploration Results (Criteria listed in the preceding section also apply to this section.) Criteria Mineral tenement and land tenure status Exploration done by other parties JORC Code explanation • Type, reference name/number, location and ownership including agreements or material issues with third parties such as joint ventures, partnerships, overriding royalties, native title interests, historical sites, wilderness or national park and environmental settings. • The security of the tenure held at the time of reporting along with any known impediments to obtaining a licence to operate in the area. • Acknowledgment and appraisal of exploration by other parties. • • • • • • • Geology • Deposit type, geological setting and style of mineralisation. Drill hole Information • A summary of all information material to the understanding of the exploration results including a tabulation of the following information for all Material drill holes: o easting and northing of the drill hole collar o elevation or RL (Reduced Level – ASX Announcement Released 12 September 2024 Commentary All claims relating to the Falcon Lake Lithium Project minerals claims are in good standing and are 90% owned by the company. Please refer to the company prospectus (dated 2nd Feb 2023) Annexure A, Table 3:1 for full table of Falcon Lake mineral claims. No known impediments. British Canadian Lithium Mines Ltd (“BCLM”) completed diamond drill (DD) holes in 1956. No core or collars have been located. Canadian Ore Bodies completed 3