Benmara Group Report 599 EL 31287 Pandanus, EL 32228 Benmara, EL 32229 Murphy, EL 32849 Paradise Bore, EL 32850 Boxer, EL 32883 Bella Group Annual Technical Report Bridging periods for first Group Annual Report Ending March 2023

Abstract

This report is the first group technical summary of work carried out by Resolution Minerals Ltd (RML, Resolution) on the Benmara Project. This group report includes EL 31287, EL 32228, EL 32229, EL 32849, EL 32850, EL 32883. Most of the previous exploration in the project area has focussed on diamonds, phosphate and uranium with less work concentrating on gold and base metals until more recently. RML's focus at Benmara is on Base Metals, Battery Metals, Uranium and Gold. Successful completion of drilling programmes at Resolutions Wollogorang (NT) and 64North (Alaska) Projects during the last twelve months meant resources and time had to be prioritised accordingly. Furthermore, Resolution Minerals Ltd and OZ Minerals Limited (ASX: OZL) enter into a Farm-in and JV agreement in May 2022, followed by a due diligence period not completed until September 2022, which restricted and slowed progression of on ground work on the Benmara Project. The focus at Benmara was on furthering understanding alongside planning and preparation for a 2023 field programme. This was achieved through: Desktop review of existing geological, geophysical and geochemical data. Identification of historic anomalies for follow up. Field trip for ground truthing and reconnaissance during which surface samples were collected for assay analysis (40 rock chip, 15 stream sediments and 2 soil samples collected and assayed). Securing appropriate authorisations and approvals to enable ground disturbing activity including RC and DDH drilling to commence. Resolution completed preliminary work in 2021 on EL 32228 including an airborne EM survey (VTEM Max) and a scout RC drilling program with follow up geochemistry, petrology, hylogger and total organic carbon analysis (TOC). The work demonstrated that prospective, reduced units are present in the region. Furthermore, intense alteration zones were also noted, as well as multiple tuff horizons throughout the stratigraphy. The combination of these geological ingredients make this a standout greenfield exploration project with an unconstrained search space.