Poz Minerals EL30891 Final Surrender Report

Abstract

This final surrender report details all exploration activities carried out on tenement EL 30891 between 3 February 2016 and 8th December 2017. The tenement was pegged by POZ in June 2015 as a result of Uranium channel radiometric highs and the presence of known mineral occurrences. EL 30891 was 100% owned by POZ Minerals Limited. Phosphate Australia Limited ('POZ') was listed on the Australian Stock Exchange on July 1st, 2008 and the Highland Plains occurrence was the focus of the Company?s Initial Public Offering. Since then exploration has focussed on drilling at Highland Plains to generate a JORCcompliant Inferred Resource of 56 Million Tonnes at 16% P2O5 with a contained Western Mine Target Zone ('WMTZ') from near surface of 14 Million Tonnes at 20% P2O5 using a 15% cutoff. Phosphate Australia changed its name to POZ Minerals Limited on October 28th 2016.