Ann: Gabanintha Stage 1 Drilling Completed, page-4

TMT is leapfrogging others

GABANINTHA STAGE 1 DRILLING COMPLETED

HIGHLIGHTS STAGE 1 PROJECT ENHANCEMENT DRILLING COMPLETED.

ALL RESOURCE INFILL AND EXTENSION HOLES INTERSECTED BROAD ZONES OF MASSIVE MAGNETITE MINERALISATION.

MASSIVE MAGNETITE MINERALISATION INTERSECTED 25 TO 50M DOWN DIP OF CURRENT INDICATED RESOURCE, TO VERTICAL DEPTHS OF UP TO 190M.

DRILLING AT THE NORTH PIT AND THE SOUTHERN TENEMENT CONFIRM THE VERY SHALLOW OXIDATION PROFILE. SHALLOW OXIDATION AND FOOTWALL COMPETENCY HIGHLIGHT OPPORTUNITY TO STEEPEN PIT WALLS.

DRILLING TO GENERATE BULK SAMPLE FOR VENDOR AND LARGE SCALE METALLURGICAL TESTWORK NEARING COMPLETION. INITIAL ASSAY RESULTS FROM RC DRILLING EXPECTED IN MID TO LATE OCTOBER 2018.