Announcement PDF 1 info@futurebatteryminerals.com.au +61 8 6383 7817 futurebatteryminerals.com.au Future Battery Minerals Ltd Suite 10, 38 Colin St, West Perth WA 6005 ABN 91 148 966 545 Follow Us ASX: FBM 10 November 2025 ASX ANNOUNCEMENT NEW THICK HIGH-GRADE GOLD LODES AND EXTENSIONS AT FORREST Future Battery Minerals Ltd (ASX: FBM) (FBM or the Company) is pleased to announce receipt of the first batch of assay results from the recent gold-focussed Phase 2 Reverse Circulation (RC) drilling programme at its 100%-owned Miriam Project, located in the W.A. Goldfields region of Western Australia. Highlights  Assay results received for first 24 holes (~2,800m) of Phase 2 RC drilling programme comprising all holes targeting the Forrest (22 holes) and Forrest South (2) prospects.  These results demonstrate an emerging multi-lode gold system at Forrest, with extensive oxide and fresh rock mineralisation, which remains open in multiple directions.  Successfully extended significant gold mineralisation over 150m south in multiple oxide and fresh rock lodes, including returning highest grade and gram-metre (gxm) intercept to date. Gold mineralisation now identified over 500m of strike. New intercepts include: o 12m @ 12.18 g/t Au fr 48m (146gxm) (transition-fresh lode) (FGRC027) o 6m @ 10.76g/t Au from 131m within a broader zone of 25m @ 3.28 g/t Au fr 119m to EOH (fresh lode) (FGRC024) o 12m @ 1.25 g/t Au fr 117m (fresh lode) and 16m @ 0.98 g/t Au fr 16m, incl. 8m @ 1.73 g/t Au fr 16m (oxide lode extension to the south) (FGRC025) o 12m @ 1.35 g/t Au fr 16m (oxide lode extension to the south, approx. 150m further than previous intercepts) (FGRC032) o 4m @ 1.83 g/t Au fr 114m (fresh lode), 4m @ 1.15 g/t Au fr 84m (fresh lode) and 2m @ 2.26 g/t Au fr 129m (fresh lode) (FGRC028)  Several fresh rock intercepts modelled as multiple sub-vertical lodes that remain open in multiple directions, representing strong potential for a larger-scale gold system.  Drilling to the north-east and north-west successfully demonstrated continuation of shallow oxide mineralisation and prospective fresh rock lodes: o 21m @ 1.00 g/t Au fr 18m, incl. 6m @ 2.14 g/t Au fr 26m (oxide) (FGRC012) o 16m @ 1.13 g/t Au fr 20m (oxide) and 7m @ 0.81 g/t Au fr 136m, incl. 3m @ 1.27 g/t Au fr 136m (fresh lode) (FGRC013) o 1m @ 8.05 g/t Au fr 35m (oxide) (FGRC014) o 2m @ 3.91 g/t Au fr 41m (oxide) (FGRC023)  Phase 2 assays for Canyon prospect expected in coming weeks.  New Phase 3 drilling programme at Miriam set to commence in late November.  Heritage surveys now complete over the northern half of Miriam, covering the Burbanks Monarch, Goroke, Blue Bell and Grand Junction regional prospects allowing access to targets. 2 info@futurebatteryminerals.com.au +61 8 6383 7817 futurebatteryminerals.com.au Future Battery Minerals Ltd Suite 10, 38 Colin St, West Perth WA 6005 ABN 91 148 966 545 Follow Us ASX: FBM  Soil sampling to commence shortly to refine these northern targets, and identify potential new targets, ahead of H1 2026 drill programmes.  FBM remains well-funded to execute all planned exploration activities through 2026, with cash of A$5.3 million and zero debt (as at 30 September 2025).  Upcoming corporate name and ASX ticker change to Ore Resources Ltd (ASX:OR3), pending shareholder approval at FBM Annual General Meeting later this month. FBM Managing Director and CEO, Nick Rathjen, commented: “Our Phase 2 drilling at Forrest has been a resounding success, building on the strong foundation of Phase 1 results and achieving the dual goals of testing shallow gold mineralisation in oxide trends as well as the continuation of identified primary fresh rock lodes. “The Phase 2 results have unlocked extensions to existing gold mineralisation in multiple directions, successfully demonstrating strong continuation of shallow oxide mineralisation and identifying further high- fresh rock lodes. The results also include FBM’s highest gram-metre intercept to date at Miriam, with hole FGRC027 returning 12m @ 12.18 g/t Au from 48m. “The results are clear: Forrest represents a much larger, higher-grade gold system than originally anticipated. This dynamic mineralised system is now interpreted to possess multiple stacked lodes of gold mineralisation with potentially significant strike lengths. “We intend to immediately follow-up these results with a planned Phase 3 drilling programme set to commence in late November once all Phase 2 assays results are received. Residual Phase 2 assay results, which pertain to the follow-up drilling from Phase 1 discovery at the Canyon prospect, are expected to be received in coming weeks.” Phase 2 drilling delivers significant extensional growth at Forrest FBM’s Phase 2 RC drilling programme was completed in October 2025 and consisted of 35 holes for over 3,700m.0F 1,1F 2 The Phase 2 programme was designed to rapidly follow up the substantial exploration success achieved during the Phase 1 programme at the Forrest and Canyon prospects, along with initial drilling at Forrest South. Forrest prospect Phase 2 drilling at Forrest consisted of 22 drill holes for approximately 2,800m (refer Figure 1). The Phase 2 programme at Forrest had dual aims. The first objective was further extending the shallow oxide gold lodes identified during the Phase 1 programme. This included a follow-up to hole FGRC004 (Phase 1), which intercepted 33m @ 2.80 g/t Au from 35m. The second objective was to further evaluate and extend the fresh rock gold lode identified in hole FGRC003 (Phase 1), which returned 12m @ 1.56 g/t Au from 75m.2F 3 Incorporating the Phase 1 results into FBM’s geological model of Miriam highlighted potential extension zones in both the north and south of the Forrest system. Grid drilling was planned to further delineate these trends. The fresh rock lode identified in FGRC003 had limited geological controls. As a result, grid drilling over 150m to the south was conducted to help identify the potential trend of this important lode. 1 Refer to FBM ASX release dated 17 September 2025, “Phase 2 RC Drilling Commences at Miriam” 2 Refer to FBM ASX release dated 20 October 2025, “Single-Metre Assays Enhance High-Grade Gold Potential at Miriam” 3 Refer to FBM ASX release dated 2 September 2025: “Thick, High-Grade Gold Intersected at Forrest” 3 info@futurebatteryminerals.com.au +61 8 6383 7817 futurebatteryminerals.com.au Future Battery Minerals Ltd Suite 10, 38 Colin St, West Perth WA 6005 ABN 91 148 966 545 Follow Us ASX: FBM Figure 1: Plan view of Forrest with Phase 2 drill hole results 4 info@futurebatteryminerals.com.au +61 8 6383 7817 futurebatteryminerals.com.au Future Battery Minerals Ltd Suite 10, 38 Colin St, West Perth WA 6005 ABN 91 148 966 545 Follow Us ASX: FBM Significantly, all three fence lines of drilling to the south intercepted gold mineralisation, which suggests a potential stacked, multiple-lode gold system consisting of sub-vertical thick high-grade gold lodes which remain open to the southwest and northeast along strike and at depth (refer Figure 2). Figure 2: Schematic Long section of the Forrest Prospect Hole FGRC024, an immediate southern step-out drill hole from FGRC003, achieved 25m @ 3.28 g/t Au from 119m including a high-grade zone of 6m @ 10.76 g/t Au from 131m down hole (refer Figure 3). Importantly, this intercept was mineralised to end of hole, indicating that the Forrest system remains open at depth and up- dip with significant grade and thickness potential remaining to be tested. Drilling in this area also achieved the single best FBM intercept at Miriam by gram-metres, with hole FGRC027 returning 12m @ 12.18 g/t Au from 48m which intercepted a mineralised shear within transitional and fresh rock. This intercept represents a new thick high-grade primary lode which is open updip and at depth and along strike north-south. The southernmost fence line of drilling intercepted 12m @ 1.35 g/t Au from a shallow 16m (FGRC032). This represents a 150m extension of shallow oxide mineralisation at the Forrest prospect, which remains open to the south and at depth and also updip in places. 5 info@futurebatteryminerals.com.au +61 8 6383 7817 futurebatteryminerals.com.au Future Battery Minerals Ltd Suite 10, 38 Colin St, West Perth WA 6005 ABN 91 148 966 545 Follow Us ASX: FBM Figure 3: Cross section of FGRC024 To the north, FBM has successfully extended the thick high-grade intercept of hole FGRC004 with immediate step-out drill hole FGRC012 intercepting 21m @ 1.00 g/t Au from 18m including 6m @ 2.14g/t Au from 26m (refer Figure 4). Importantly, this highlights that this key gold lode extends nearer to surface. This is highly complementary to the results of Phase 1, where holes drilled on the immediate northern section including FGRC005 (14m @ 2.08 g/t Au from 55m) and FGRC006 (19m @ 1.79 g/t Au from 25m) further highlighted the presence of this important thick shallow gold lode. Additionally, the northernmost line drilled at Forrest in hole FGRC023 continued to intercept mineralisation, returning 2m @ 3.91 g/t Au from 41m. This represents more than 500m of continuous, consistent gold mineralisation across a north-south strike. Other notable intercepts include hole FGRC013, which returned a shallow intercept of 16m @ 1.13 g/t Au from 20m and an additional, encouraging fresh rock intercept of 3m @ 1.27 g/t Au within 7m @ 0.81 g/t Au from 136m. Refer to Appendix 1 for all drill hole collar locations and assay results. 6 info@futurebatteryminerals.com.au +61 8 6383 7817 futurebatteryminerals.com.au Future Battery Minerals Ltd Suite 10, 38 Colin St, West Perth WA 6005 ABN 91 148 966 545 Follow Us ASX: FBM Figure 4: Cross section of FGRC004 – FGRC013 Forrest South prospect At Forrest South, two Phase 2 holes (FGRC034 and FGRC035) were designed to test the historical intercept of 16m @ 0.93 g/t Au from 44m (LDC007)3F 4. Only low-level anomalism was intercepted within these two holes. Further work will be required to better understand the nature of the gold mineralisation in this area. Next steps Results from the Phase 2 programme have significantly increased the scale potential of the Forrest gold system, which was previously perceived to be limited to predominantly an oxide system. The new high-grade fresh rock intercepts at Forrest reflect a larger-scale, dynamic gold system with multiple sub-parallel lodes within a system that has a potentially significant strike length. Receipt of residual Phase 2 assay results (Canyon prospect holes) is expected in coming weeks. The new Miriam Phase 3 RC drilling programme is then scheduled to commence in late November 2025, with a focus on further testing these new lodes at Forrest which remain open.. With heritage surveys recently completed over the northern half of Miriam – covering the Burbanks Monarch, Goroke, Blue Bell and Grand Junction regional prospects – a soil sampling programme is set to commence to further refine these northern targets and identify potential new high-priority drill targets. These northern targets are planned to be systematically tested in drill programmes across 2026 to further confirm the Miriam shear as a conduit for gold and Miriam’s broader gold prospectivity. 4 Refer to FBM ASX release dated 17 June 2025, “New Gold Targets Identified at Miriam Project” 7 info@futurebatteryminerals.com.au +61 8 6383 7817 futurebatteryminerals.com.au Future Battery Minerals Ltd Suite 10, 38 Colin St, West Perth WA 6005 ABN 91 148 966 545 Follow Us ASX: FBM Figure 5: Plan view of Miriam Project This announcement has been authorised for release by the Board of Directors of the Company. -END- For further information visit www.futurebatteryminerals.com or contact: Nicholas Rathjen Robin Cox CEO & Managing Director Technical Director E: nrathjen@futurebatteryminerals.com.au E: rcox@futurebatteryminerals.com.au 8 info@futurebatteryminerals.com.au +61 8 6383 7817 futurebatteryminerals.com.au Future Battery Minerals Ltd Suite 10, 38 Colin St, West Perth WA 6005 ABN 91 148 966 545 Follow Us ASX: FBM Competent Persons Statement The information in this announcement that relates to exploration results is based on and fairly represents information compiled by Mr Robin Cox BSc (E.Geol), a Competent Person, who is a Member of the Australian Institute of Mining and Metallurgy. Mr Cox is the Company’s Chief Geologist and has sufficient experience that is relevant to the style of mineralisation and type of deposit under consideration and to the activity being undertaken to qualify as a Competent Person as defined in the 2012 Edition of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves. Mr Cox consents to the inclusion in this announcement of the matters based on his information in the form and context in which it appears. Forward-Looking Statements This document may include forward-looking statements. Forward-looking statements include, but are not limited to, statements concerning Future Battery Minerals Limited’s planned exploration programme and other statements that are not historical facts. When used in this document, the words such as “could,” “plan,” “estimate,” “expect,” “intend,” “may”, “potential”, “should,” and similar expressions are forward-looking statements. Although Future Battery Minerals Limited believes that its expectations reflected in these forward-looking statements are reasonable, such statements involve risks and uncertainties, and no assurance can be given that actual results will be consistent with these forward-looking statements. Previously Reported Results The information in this announcement that relates to Exploration Results is extracted from the ASX announcements (Original Announcements), as referenced, which are available at www.futurebatteryminerals.com.au. FBM confirms that it is not aware of any new information or data that materially affects the information included in the Original Announcements and, that all material assumptions and technical parameters underpinning the estimates in the Original Announcements continue to apply and have not materially changed. FBM confirms that the form and context in which the Competent Persons’ findings are presented have not been materially modified from the original announcement. 9 info@futurebatteryminerals.com.au +61 8 6383 7817 futurebatteryminerals.com.au Future Battery Minerals Ltd Suite 10, 38 Colin St, West Perth WA 6005 ABN 91 148 966 545 Follow Us ASX: FBM About Future Battery Minerals (ASX: FBM) THE BUSINESS: Gold and lithium exploration and development Future Battery Minerals (ASX: FBM) is an exploration and development company focused on rapidly advancing its 100% owned Coolgardie and Randalls Gold and Lithium Projects in the Eastern Goldfields of Western Australia. THE LOCATION: Infrastructure-rich project setting The Eastern W.A. Goldfields is an outstanding location in which to explore for, build, and operate gold and lithium mines. It is a long-established mining province with all the accompanying benefits, including all-year land access, skilled labour, mining services and infrastructure. The Projects are positioned within 50km of the mining hub of Kalgoorlie (via sealed and access roads), approximately 370km to the port of Esperance and approximately 550km to Perth via road and rail. We are proximal to multiple gold and lithium mining and processing operations and development projects of substantial scale. This available range of potential commercialisation options, including standalone development, positions us well to monetise current and future success. THE TEAM: Proven value generators Our carefully assembled team has an extensive track record of exploration success, project stewardship, development expertise and operating excellence that has repeatedly resulted in the delivery of substantial shareholder value: Nick Rathjen (MD), Robin Cox (Technical Director), Nev Power (Chairman), Rob Waugh (NED). THE CAPACITY: Balance sheet strength and runway We are a business and team that is resolutely focussed on the stewardship of our shareholders’ capital and the astute application of this capital for maximal return. With a cash balance of A$5.3 million and zero debt (as at 30 September 2025), we are well-funded to undertake our planned exploration and evaluation work programs. 10 info@futurebatteryminerals.com.au +61 8 6383 7817 futurebatteryminerals.com.au Future Battery Minerals Ltd Suite 10, 38 Colin St, West Perth WA 6005 ABN 91 148 966 545 Follow Us ASX: FBM Appendix 1 – Phase 2 RC Drill Hole Results (Forrest and Forrest South prospects) Table 1 – Single Metre Drill Hole Significant Intercepts >0.3g/t (Intervals represented as down dole length) Hole ID From (m) To (m) Width (m) Grade Intercept Gold x Metre FGRC011 64 65 1 0.38 1m @ 0.38 g/t 0.4 FGRC012 18 39 21 1 21m @ 1.00 g/t 21.0 incl 26 32 6 2.14 6m @ 2.14 g/t 12.8 FGRC012 40 41 5 0.54 1m @ 0.54 g/t 2.7 FGRC013 20 36 16 1.13 16m @ 1.13 g/t 18.1 FGRC013 54 55 1 0.35 1m @ 0.35 g/t 0.4 FGRC013 58 59 1 0.52 1m @ 0.52 g/t 0.5 FGRC013 63 64 1 0.32 1m @ 0.32 g/t 0.3 FGRC013 110 119 9 0.5 9m @ 0.50 g/t 4.5 FGRC013 136 143 7 0.81 7m @ 0.81 g/t 5.7 FGRC013 136 139 3 1.27 3m @ 1.27g/t 3.8 FGRC014 35 36 1 8.05 1m @ 8.05 g/t 8.1 FGRC014 59 60 1 0.48 1m @ 0.48 g/t 0.5 FGRC015 NSI FGRC017 68 69 1 0.36 1m @ 0.36 g/t 0.4 FGRC018 34 35 1 0.3 1m @ 0.30 g/t 0.3 FGRC019 45 46 1 0.37 1m @ 0.37 g/t 0.4 FGRC019 64 65 1 0.39 1m @ 0.39 g/t 0.4 FGRC020 47 49 2 1.14 2m @ 1.14 g/t 2.3 FGRC021 27 33 6 0.45 6m @ 0.45 g/t 2.7 FGRC021 36 38 2 1.58 2m @ 1.58 g/t 3.2 FGRC021 51 53 2 0.57 2m @ 0.57 g/t 1.1 FGRC021 60 61 1 0.66 1m @ 0.66 g/t 0.7 FGRC021 64 65 1 0.34 1m @ 0.34 g/t 0.3 FGRC021 76 77 1 0.74 1m @ 0.74 g/t 0.7 FGRC021 96 100 4 0.33 4m @ 0.33 g/t 1.3 FGRC022 NSI FGRC023 41 43 2 3.91 2m @ 3.91 g/t 7.8 FGRC024 56 59 3 0.62 3m @ 0.62 g/t 1.9 FGRC024 65 66 1 0.94 1m @ 0.94 g/t 0.9 FGRC024 119 144 25 3.28 25m @ 3.28 g/t 82.0 incl 131 137 6 10.76 6m @ 10.76 g/t 64.6 FGRC024 143 144 1 0.33 1m @ 0.33 g/t 0.3 FGRC025 16 32 16 0.98 16m @ 0.98 g/t 15.7 FGRC025 16 24 8 1.73 8m @ 1.73 g/t 13.8 FGRC025 28 32 4 0.34 4m @ 0.34 g/t 1.4 FGRC025 100 104 4 0.75 4m @ 0.75 g/t 3.0 FGRC025 117 129 12 1.25 12m @ 1.25 g/t 15.0 11 info@futurebatteryminerals.com.au +61 8 6383 7817 futurebatteryminerals.com.au Future Battery Minerals Ltd Suite 10, 38 Colin St, West Perth WA 6005 ABN 91 148 966 545 Follow Us ASX: FBM FGRC025 133 134 1 1.24 1m @ 1.24 g/t 1.2 FGRC026 NSI FGRC027 28 36 8 0.33 8m @ 0.33 g/t 2.6 FGRC027 43 44 1 1.31 1m @ 1.31 g/t 1.3 FGRC027 48 60 12 12.18 12m @ 12.18 g/t 146.2 FGRC028 5 6 1 0.34 1m @ 0.34 g/t 0.3 FGRC028 60 64 4 0.51 4m @ 0.51 g/t 2.0 FGRC028 84 88 4 1.45 4m @ 1.15 g/t 5.8 FGRC028 114 118 4 1.83 4m @ 1.83 g/t 7.3 FGRC028 124 126 2 0.37 2m @ 0.37 g/t 0.7 FGRC028 129 131 2 2.26 2m @ 2.26 g/t 4.5 FGRC029 37 40 3 0.38 3m @ 0.38 g/t 1.1 FGRC029 63 66 3 1.25 3m @ 1.25 g/t 3.8 FGRC029 104 107 3 0.4 3m @ 0.40 g/t 1.2 FGRC030 40 44 4 0.43 4m @ 0.43 g/t 1.7 FGRC032 16 28 12 1.35 12m @ 1.35 g/t 16.2 FGRC032 36 40 4 0.49 4m @ 0.49 g/t 2.0 FGRC032 60 64 4 0.3 4m @ 0.30 g/t 1.2 FGRC032 68 76 8 0.66 8m @ 0.66 g/t 5.3 FGRC032 128 137 9 0.3 9m @ 0.30g/t 2.7 FGRC033 NSI FGRC034 NSI FGRC035 NSI Table 2 – Drill Hole Location Information (UTM MGA 94 Zone 51) Hole ID Drill Type Depth Easting Northing RL Azimuth Dip Prospect Results FGRC011 RC 108 319714 6562930 406 270 -60 Forrest Received FGRC012 RC 102 319747 6562933 407 270 -60 Forrest Received FGRC013 RC 150 319814 6562935 409 270 -60 Forrest Received FGRC014 RC 108 319718 6562985 407 270 -60 Forrest Received FGRC015 RC 102 319749 6562987 408 270 -60 Forrest Received FGRC016 RC 102 319716 6563031 408 270 -60 Forrest Received FGRC017 RC 108 319751 6563032 409 270 -60 Forrest Received FGRC018 RC 102 319685 6563085 407 270 -60 Forrest Received FGRC019 RC 102 319713 6563078 408 270 -60 Forrest Received FGRC020 RC 102 319776 6563079 410 270 -60 Forrest Received FGRC021 RC 102 319855 6563077 412 270 -60 Forrest Received FGRC022 RC 92 319716 6563149 407 270 -60 Forrest Received FGRC023 RC 120 319753 6563150 408 270 -60 Forrest Received FGRC024 RC 144 319725 6562807 404 90 -70 Forrest Received FGRC025 RC 138 319820 6562810 406 270 -70 Forrest Received FGRC026 RC 132 319852 6562810 407 270 -70 Forrest Received 12 info@futurebatteryminerals.com.au +61 8 6383 7817 futurebatteryminerals.com.au Future Battery Minerals Ltd Suite 10, 38 Colin St, West Perth WA 6005 ABN 91 148 966 545 Follow Us ASX: FBM FGRC027 RC 132 319772 6562762 403 270 -70 Forrest Received FGRC028 RC 138 319833 6562762 405 270 -70 Forrest Received FGRC029 RC 132 319808 6562744 404 270 -70 Forrest Received FGRC030 RC 132 319776 6562696 402 270 -70 Forrest Received FGRC032 RC 150 319807 6562705 402 270 -70 Forrest Received FGRC033 RC 132 319842 6562710 402 270 -70 Forrest Received FGRC034 RC 84 319730 6562558 400 270 -70 Forrerst South Received FGRC035 RC 84 319783 6562564 400 270 -70 Forrerst South Received CYRC012 RC 138 319513 6561517 402 90 -70 Canyon Pending CYRC013 RC 84 319594 6561518 405 90 -60 Canyon Pending CYRC014 RC 90 319593 6561556 405 90 -60 Canyon Pending CYRC015 RC 84 319643 6561597 406 90 -60 Canyon Pending CYRC016 RC 84 319610 6561603 405 90 -60 Canyon Pending CYRC017 RC 84 319650 6561559 408 90 -60 Canyon Pending CYRC018 RC 96 319650 6561516 405 90 -60 Canyon Pending CYRC019 RC 84 319583 6561519 405 270 -60 Canyon Pending CYRC020 RC 84 319757 6561521 406 90 -60 Canyon Pending CYRC021 RC 84 319705 6561516 407 90 -60 Canyon Pending 13 info@futurebatteryminerals.com.au +61 8 6383 7817 futurebatteryminerals.com.au Future Battery Minerals Ltd Suite 10, 38 Colin St, West Perth WA 6005 ABN 91 148 966 545 Follow Us ASX: FBM JORC Code, 2012 Edition, Table 1 Section 1: Sampling Techniques and Data CRITERIA EXPLANATION COMMENTARY Sampling techniques • 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 1m samples from which 3kg was pulverised to produce a 30g 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. • Reverse Circulation drilling collects a 1m bulk sample. A 2-3kg sample is cone split from the drill rig and collected in a pre-marked calico bag. 4m composites samples are collected proportionally via spear from the 1m bulk sample. Both 1 metre and 4 metre composites are selected for fire assay purpose producing a 50g homogenised split for assay. When anomalous 4m composite samples intercepts >0.1g/t Au are received the corresponding zone is then sub assayed to their 1m sample. • Certified reference material, including known standards and blank material are inserted at a rate of 1 in 20 for primary samples, field duplicates are collected at 1 in 30. • Analysis of QA/QC results is undertaken by the company to ensure sampling accuracy. • Laboratory (ALS) also perform internal Qa/Qc sampling at a rate of 1 to 25. Drilling techniques • Drill type (eg core, reverse circulation, open-hole 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). • Reverse Circulation uses 5.5 inch pneumatic hammer to pulverise oxidised and fresh rock which is then delivered to the cyclone and cone splitter via compressed air. Drill sample recovery • 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. • All 1m samples and 4m composite samples are weighed and recorded in the FBM database. • Bulk sample recovery was measured/commented in sample logs. • No sample bias relationship has been identified. Logging • 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. • Drill holes have been geologically logged by geologists in the field, recording lithology, oxidation, weathering, texture, structure and mineralogy • Geological data has been recorded on FBM database. Logging is a qualitative nature. 14 info@futurebatteryminerals.com.au +61 8 6383 7817 futurebatteryminerals.com.au Future Battery Minerals Ltd Suite 10, 38 Colin St, West Perth WA 6005 ABN 91 148 966 545 Follow Us ASX: FBM • The total length and percentage of the relevant intersections logged. Sub-sampling techniques and sample preparation • 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. • Sampling of drill chips included compositing by spear sample on 4m composites. • Single metre samples were cone split to obtain an approximate 2-3kg sample. • Certified reference material, including known standards and blank material are inserted at a rate of 1 in 20 for primary samples, field duplicates are collected at 1 in 30. • Analysis of QA/QC results is undertaken by the company and external consultants to ensure sampling accuracy. • Laboratory (ALS) also perform internal Qa/Qc sampling at a rate of 1 to 25. Quality of assay data and laboratory tests • 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 (i.e. lack of bias) and precision have been established. • All samples were prepared and assayed by ALS in Perth • Samples preparation included weighing, pulverising and splitting. • A 50g split was then assayed via Fire Assay and Atomic Absorption Spectrometer under ALS code Au-AA26 • The methodology is considered an industry standard in determining gold grades in known gold bearing systems. • Internal laboratory Qa/Qc processes were conducted including the insertion of Certified reference material, blanks and duplicates. • Qa/Qc results are acceptable Verification of sampling and assaying • 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. • Significant intercepts are calculated by database algorithm and verified by FBM staff and Database contractors. • All field data is imported to the FBM geochemistry database utilising industry data logging software LogChief. This is uploaded sequel server database hosted on Maxwell Geoservices proprietary software and managed for FBM by an external database company Mitchell River Group Pty Ltd. • No adjustments are made to assay data • Gold significant intercepts are calculated using a 0.3g/t lower cut off. • Grade by metre calculations are a simple multiplication of the gold grade by the width of the intercept and this is used to weight the significance of an intercept. • FBM previously twinned selective historic drill holes of identified lodes to determine accuracy of historic results. Location of data points • Accuracy and quality of surveys used to locate drill holes (collar and down-hole surveys), trenches, mine workings and • Drill Holes were surveyed utilising a Differential GPS with sub 1cm accuracy including elevation 15 info@futurebatteryminerals.com.au +61 8 6383 7817 futurebatteryminerals.com.au Future Battery Minerals Ltd Suite 10, 38 Colin St, West Perth WA 6005 ABN 91 148 966 545 Follow Us ASX: FBM other locations used in Mineral Resource estimation. • Specification of the grid system used. • Quality and adequacy of topographic control. • All drill hole collar information has been supplied and projected to UTM MGA 94 Zone 51 Data spacing and distribution • 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 compositin