EPM27513 IFFLEY FINAL REPORT FOR PERIOD ENDING 15 DECEMBER 2023

URL: https://geoscience.data.qld.gov.au/dataset/cr144079 This Annual and Final Mineral Exploration report describes all exploration work carried out by South32 Ltd on behalf of Taragon Valley Pty Ltd (a wholly owned subsidiary of South32 Ltd) for the reporting period from 16th December 2022 to 15th December 2023 on EPM 27513 Iffley (the EPM). The tenement is located approximately 110km south of the township of Normanton in Northwest Queensland. The principal exploration target in this area is Proterozoic Broken Hill type (BHt) Pb-Zn-Ag mineralization. Exploration work carried out during the year included: core cutting, sampling and review and interpretation of geochemistry results from the one (1) 2022 drillhole; Pb/U age dating of eight (8) drill core samples, and evaluation of all drillhole (geology, geochemistry and geophysical) datasets. From these results it was determined that further exploration over the Iffley Tenement was not required at this time due to having now tested the main geophysical anomalies and as such South32 has decided to surrender the tenement.