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 20 October 2025 ASX ANNOUNCEMENT SINGLE-METRE ASSAYS ENHANCE HIGH-GRADE GOLD POTENTIAL AT MIRIAM Future Battery Minerals Ltd (ASX: FBM) (FBM or the Company) is pleased to announce the results of single- metre samples taken during the gold-focussed Phase 1 Reverse Circulation (RC) drilling programme at its 100%-owned Miriam Project, located in the W.A. Goldfields region of Western Australia. Highlights  Return of single metre assays from Phase 1 RC drilling further evidences the success of FBM’s initial gold exploration strategy at Miriam.  Delivered substantial uplift (78% and 67% grade increases, respectively) in: o Thick, high-grade mineralisation identified at Forrest in FGRC004: now 33m @ 2.80 g/t Au from 35m, incl. 12m @ 4.39 g/t Au from 35m (previously 33m @ 1.57 g/t Au from 35m)1 . o Key discovery intercept returned at Canyon in CYRC001: now 18m @ 0.92 g/t Au from 28m, incl. 3m @ 3.28 g/t Au from 43m (previously 20m @ 0.55 g/t Au from 28m)2.  Results assist FBM in better refining definition of key mineralised zones at both Forrest and Canyon, which further improves targeting for upcoming programs.  Phase 2 RC drilling now complete, comprising 35 drill holes (over 3,700m) at Forrest, Forrest South and Canyon; assay results are expected from early-mid November 2025.  Heritage surveys planned for late October to cover Burbanks Monarch, Blue Bell and Burbanks Grand Junction ahead of planned 2026 regional exploration programs at Miriam.  Soil sampling of newly cleared heritage areas to commence in November to further advance targets ahead of planned drilling.  FBM remains well-funded to execute all planned exploration activities through the remainder of 2025 and beyond, with cash of A$6.4 million and zero debt (as at 30 June 2025). FBM Managing Director and CEO, Nick Rathjen, commented: “The exceptional results from our more detailed single metre sampling offers further validation of our gold exploration strategy at Miriam. We now have greater confidence in the previous Phase 1 results and additional insight to the scale of opportunity awaiting us at Forrest and Canyon. These new sampling results have significantly upgraded several key Phase 1 intercepts, including the previous standout Forrest intercept in FGRC004, which now sits at 33m @ 2.80 g/t Au from 35m that is a 78% increase in grade, including 12m @ 4.39 g/t from 35m, as well as materially lifting the result in Canyon hole CYRC001 validating our regional target generation model and enhances Canyon’s continued prospectivity. “With Phase 2 drilling complete, we now await the receipt of these assay results, which are expected to be received in batches from early-mid November. The single metre assays from Phase 1, along with the upcoming results from our Phase 2 drilling, are set to inform the delivery of an initial MRE for Miriam . These results will also assist in updating our geological model and refining the design of upcoming drill programs at Miriam.” 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 Phase 1 single-metre assay results produce outstanding intercept upgrades In July 2025, FBM conducted its Phase 1 RC drilling programme at Miriam, designed to target gold mineralisation at the highly prospective Forrest and Canyon prospects. During Phase 1 drilling, both 4m composite and 1m sampling was completed, with a combination of these results subsequently announced in September 20250F 1,1F 2. 4m composite samples were taken from areas where oxidation was too intense to visually identify potential gold mineralisation. Following the full release of Phase 1 results from Forrest and Canyon, FBM returned to the field to collect the corresponding 1m cyclone split samples from any 4m composites which returned a value greater than 0.1 g/t Au. Single-metre sampling is a superior sampling technique, as the sample is collected directly from an onboard cyclone and cone splitter which produces a more representative sample of the 1m down hole length. The information generated from these samples allows for more refined modelling of deposits and is key to subsequent, detailed Mineral Resource estimation efforts. The single-metre sample assay results have significantly upgraded several of the key intercepts reported from both Forrest and Canyon. These key updated intercepts are highlighted below and in Table 1. Forrest prospect At Forrest, the increased grade and/or width of several of the key intercepts highlights the importance of the Forrest prospect as a potential shallow, high-grade deposit to be further defined through upcoming exploration. Key single-metre sample assay results include:  33m @ 2.80 g/t Au from 35m, including 12m @ 4.39 g/t Au from 33m (FGRC004) Previously: 33m @ 1.57 g/t Au from 35m, including 16m @ 3.10 g/t Au from 44m  14m @ 2.08 g/t Au from 55m, including 4m @ 4.30 g/t Au from 64m (FGRC005) Previously: 13m @ 2.21 g/t Au from 56m, including 4m @ 4.30 g/t Au from 64m  19m @ 1.79 g/t Au from 25m, including 4m @ 5.72 g/t Au from 37m (FGRC006) Previously: 14m @ 2.29 g/t Au from 30m, including 8m @ 3.52 g/t Au from 36m  4m @ 1.28 g/t Au from 34m (FGRC010) Previously: Not reported Canyon prospect The updated intercept from CYRC001 represents a clearly more significant discovery result from Phase 1 testing of this zone, which was previously a conceptual geophysical target supported by elevated gold in soils. Key single-metre sample assay results include: 18m @ 0.92 g/t from 28m including 3m @ 3.28 g/t from 43m (CYRC001) Previously 20m @ 0.55 g/t Au from 28m, including 4m @ 1.60 g/t Au from 40m The improvement of results at both Forrest and Canyon further evidences the growing success of FBM’s ongoing gold exploration strategy at Miriam. 1 Refer to FBM ASX release dated 2 September 2025, “Thick High-Grade Gold Intersected at Forrest” 2 Refer to FBM ASX release dated 15 September 2025, “Strong Regolith Gold Anomalism Identified at Canyon” 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 new drill holes 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 Figure 2: Cross section of FGRC004 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: Long section of Forrest gold lodes Phase 2 drill program completed Phase 2 RC drilling programme successfully completed at the Miriam Project. The Phase 2 programme was expanded to 35 holes for 3,700m drilled, targeting the Forrest and Canyon prospects along with initial drilling at Forrest South. Drilling at Forrest was targeting: o Extension the shallow gold mineralisation identified in Phase 1 drill hole FGRC004 (33m @ 2.8 g/t Au from 35m)2F 3 by targeting identified oxide trends to the west and north, as well as testing of fresh rock potential in that zone; and o Testing the continuation of the primary fresh rock lodes identified in Phase 1 drill hole FGRC003 (12m @ 1.56 g/t Au from 75m, including 1m @ 5.21 g/t Au from 85m)1, with successful delineation of the primary lodes potentially leading to a significant increase in scale at Forrest. At Canyon, follow-up drilling focussed on: o Testing extension to the strong gold anomalism within regolith, including 18m @ 0.92 g/t Au from 28m3F 4 (CYRC001), identified within the Miriam Shear Zone in Phase 1. o Targeting the important mineralised shear to the east of CYRC001 and testing deeper fresh rock intercepts for a potential source of the strong regolith intercept. Initial testing of Forrest South was aimed to validate the lone historical intercept of 16m @ 0.93 g/t Au from 44m (LDC007)4F 5 located over 250m south of Forrest. Successful validation of gold in regolith at Forrest South could significantly increase the strike length potential of the shallow high-grade mineralisation at Forrest. All samples have been submitted for assay, with preliminary results expected from early November 2025. 3 Refer to ASX release dated 2 September 2025 4 Refer to ASX release dated 15 September 2025 5 Refer to ASX release dated 27 May 2025 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: Plan view of Miriam Project including Forrest, Canyon and Forrest South prospects, which were the subject of recently completed Phase 2 drilling activities 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 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 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. 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 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 Gold and Lithium project 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. We are positioned just 15km south of the mining hub of Coolgardie (via sealed road), 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$6.4 million and zero debt (as at 30 June 2025), we are well-funded to undertake our planned exploration and evaluation work programs. 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 Appendix 1 – Drill Hole Results Table 1 – Single Metre Drill Hole Significant Intercepts >0.3g/t (Intervals are down hole length) Hole ID From (m) To (m) Interval (m) Grade g/t Intercept Grade x Metre FGRC001 No change to Significant Intercept FGRC002 No change to Significant Intercept FGRC003 No change to Significant Intercept FGRC004 35 68 33 2.80 33m @ 2.80 g/t 92.4 including 35 47 12 4.37 12m @ 4.39 g/t 52.44 FGRC005 43 44 1 1.77 1m @ 1.77 g/t 1.77 46 47 1 1.08 1m @ 1.08 g/t 1.08 FGRC005 55 69 14 2.08 14m @ 2.08 g/t 29.12 including 64 68 4 4.3 4m @ 4.30 g/t 17.2 FGRC006 25 44 19 1.79 19m @ 1.79 g/t 34.01 including 37 41 4 5.72 4m @ 5.72 g/t 22.88 FGRC006 54 58 4 2.46 4m @ 2.46 g/t 9.84 FGRC006 71 79 8 0.79 8m @ 0.79 g/t 6.32 FGRC006 86 88 2 3.01 2m @ 3.01 g/t 6.02 FGRC007 No change to Significant Intercept FGRC008 No change to Significant Intercept FGRC009 41 42 1 0.37 1m @ 0.31 g/t 0.31 FGRC010 25 29 4 0.61 4m @ 0.61 g/t 2.44 FGRC010 34 38 4 1.28 4m @ 1.28 g/t 5.12 FGRC010 57 59 2 0.41 2m @ 0.41 g/t 0.82 FGRC010 71 72 1 0.34 1m @ 0.34 g/t 0.34 FGRC010 75 76 1 0.62 1m @ 0.62 g/t 0.62 FGRC010 83 84 1 0.74 1m @ 0.74 g/t 0.74 FGRC010 92 93 1 1.01 1m @ 1.01 g/t 1.01 CYRC001 28 48 18 0.92 18m @ 0.92 g/t 16.56 incl 43 46 2 3.28 3m @ 3.28 g/t 6.56 CYRC002 6 9 3 1.03 3m @ 1.03 g/t 3.09 CYRC003 34 38 4 0.31 4m @ 0.31 g/t 1.24 CYRC004 59 63 4 1.46 4m @ 1.46 g/t 5.84 CYRC005 No change to Significant Intercept CYRC006 64 65 1 0.53 1m @ 0.53 g/t 0.53 CYRC007 33 41 8 0.72 8m @ 0.72g/t 5.76 incl 33 36 3 1.75 3m @ 1.75 g/t 5.25 CYRC008 No change to Significant Intercept CYRC009 No change to Significant Intercept CYRC010 NSI CYRC011 38 39 1 0.94 1m @ 0.94 g/t 0.94 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 Table 2 – Previously reported Drill Hole Significant Intercepts >0.3g/t (Intervals are down hole length) Hole ID From (m) To (m) Interval (m) Grade g/t Intercept Grade x Metre FGRC001 8 12 4 0.44 4m @ 0.44 g/t 1.76 FGRC001 32 61 29 1.45 29m @ 1.45 g/t 42.05 including 32 46 14 2.33 14m @ 2.33 g/t 32.62 FGRC002 38 41 3 0.89 3m @ 0.89 g/t 2.67 FGRC002 57 60 3 0.73 3m @ 0.73 g/t 2.19 FGRC002 92 96 4 0.64 4m @ 0.64 g/t 2.56 FGRC003 45 48 3 0.34 3m @ 0.34 g/t 1.02 FGRC003 75 87 12 1.56 12m @ 1.56 g/t 18.72 including 85 86 1 5.21 1m @ 5.21 g/t 5.21 FGRC003 103 105 2 0.78 2m @ 0.78 g/t 1.56 FGRC003 108 112 4 1.37 4m @ 1.37 g/t 5.48 FGRC004 35 68 33 1.57 33m @ 1.57 g/t 51.81 including 44 60 16 3.1 16m @ 3.10 g/t 49.6 FGRC004 73 76 3 1 3m @ 1.00 g/t 3 FGRC004 89 90 1 0.5 1m @ 0.50 g/t 0.5 FGRC005 43 47 4 0.74 4m @ 0.74 g/t 2.96 FGRC005 56 69 13 2.22 13m @ 2.22 g/t 28.86 including 64 68 4 4.3 4m @ 4.30 g/t 17.2 FGRC006 25 26 1 2.62 1m @ 2.62 g/t 2.62 FGRC006 30 44 14 2.29 14m @ 2.29 g/t 32.06 including 36 44 8 3.52 8m @ 3.52 g/t 28.16 FGRC006 54 58 4 2.46 4m @ 2.46 g/t 9.84 FGRC006 71 79 8 0.79 8m @ 0.79 g/t 6.32 FGRC006 84 88 4 0.96 4m @ 0.96 g/t 3.84 FGRC007 29 35 6 0.54 6m @ 0.54 g/t 3.24 FGRC007 46 55 9 2.83 9m @ 2.83 g/t 25.47 FGRC007 73 82 9 0.43 9m @ 0.43 g/t 3.87 FGRC008 81 84 3 0.86 3m @ 0.86 g/t 2.58 FGRC009 NSI FGRC010 57 59 2 0.41 2m @ 0.41 g/t 0.82 FGRC010 71 72 1 0.34 1m @ 0.34 g/t 0.34 FGRC010 75 76 1 0.62 1m @ 0.62 g/t 0.62 FGRC010 83 84 1 0.74 1m @ 0.74 g/t 0.74 CYRC001 28 48 20 0.55 20m @ 0.55 g/t 11 incl 40 44 4 1.6 4m @ 1.60 g/t CYRC002 4 12 8 0.67 8m @ 0.67 g/t 5.36 Incl 8 12 4 1.05 4m @ 1.05 g/t CYRC003 36 40 4 0.24 4m @ 0.24 g/t 0.96 CYRC004 56 68 8 0.43 12m @ 0.43 g/t 3.44 CYRC005 NSI CYRC006 64 68 4 0.51 4m @ 0.51 g/t 2.04 CYRC007 32 40 8 0.78 8m @ 0.78g/t 6.24 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 incl 32 36 4 1.4 4m @ 1.40 g/t CYRC008 NSI CYRC009 NSI CYRC010 64 68 4 0.8 4m @ 0.80 g/t 3.2 CYRC011 36 40 4 0.1 4m @ 0.10 g/t 0.4 Table 3 – Drill Hole Location Information (UTM MGA 94 Zone 51) Hole ID Hole Type Max Depth Easting Northing RL Azimuth Dip FGRC001 RC 108 319809 6562862 407 270 -60 FGRC002 RC 108 319771 6562860 405 90 -70 FGRC003 RC 114 319757 6562838 405 90 -70 FGRC004 RC 120 319772 6562927 408 270 -60 FGRC005 RC 126 319776 6562958 408 270 -60 FGRC006 RC 126 319720 6562963 406 90 -60 FGRC007 RC 102 319811 6563012 409 90 -60 FGRC008 RC 102 319855 6563011 411 90 -60 FGRC009 RC 102 319865 6563053 412 90 -60 FGRC010 RC 102 319821 6563061 411 90 -60 CYRC001 RC 84 319537 6561510 403 90 -60 CYRC002 RC 72 319483 6561519 404 90 -60 CYRC003 RC 90 319447 6561522 405 90 -60 CYRC004 RC 84 319541 6561599 404 90 -60 CYRC005 RC 72 319493 6561620 406 90 -60 CYRC006 RC 84 319494 6561644 406 285 -60 CYRC007 RC 114 319564 6561634 405 125 -60 CYRC008 RC 72 319546 6561729 404 90 -60 CYRC009 RC 78 319509 6561735 404 90 -60 CYRC010 RC 72 319435 6560939 394 90 -60 CYRC011 RC 66 319394 6560943 395 90 -60 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 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. 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 • 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 proprietry 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 twinned selective historic drill holes of identified lodes to determine accuracy of historic results. 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 Location of data points • Accuracy and quality of surveys used to locate drill holes (collar and down-hole surveys), trenches, mine workings and other locations used in Mineral Resource estimation. • Specification of the grid system used. • Quality and adequacy of topographic control. • Drill Holes were surveyed utilising a Differential GPS with sub 1cm accuracy including elevation • 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 compositing has been applied. • At Forrest, holes were drilled on 30m spacing, 60m line spacing. • Data spacing is appropriate for identifying continuous and non-continuous geochemical anomalies and future Mineral Resource estimates. Orientation of data in relation to geological structure • Whether the orientation of sampling achieves unbiased sampling of possible structures and the extent to which this is known, considering the deposit type. • If the relationship between the drilling orientation and the orientation of key mineralised structures is considered to have introduced a sampling bias, this should be assessed and reported if material. • Drilling has been conducted on E-W grid lines. Geological units in the region have a dominantly N-S to NE-SW strike. As such the E-W drilling provides relative oblique interceptions. • Drilling intercepted both oxide/supergene mineralisation and fresh bedrock intercepts. More drilling is required to better determine the dip and direction of the fresh bedrock gold mineralisation. Sample security • The measures taken to ensure sample security. • All samples are collected in the field on the day of drilling and transported directly to an ALS laboratory located 40km’s away in Kalgoorlie • Samples are delivered daily to the Kalgoorlie ALS laboratory • ALS transport the samples to a Perth laboratory for analysis. • All calico sample bags are stored within prelabelled polly weave bags and zip tied for transportation. Audits or reviews • The results of any audits or reviews of sampling techniques and data. • No independent audit or review has been undertaken. Section 2: Reporting of Exploration Results CRITERIA EXPLANATION COMMENTARY Mineral tenement and land tenure status • Type, reference name/number, location and ownership including agreements or material issues with third parties such as joint ventures, partnerships, overriding royalties, native title interests, historical sites, wilderness or national park and environmental settings. • The security of the tenure held at the time of reporting along with any known impediments to obtaining a licence to operate in the area. The Miriam Project consists of 5 prospecting leases. • Granted leases are P15/6136, P15/6137, P156138 and P15/6139. P15/6135 remains in application • Leases P15/6136-6139 are held by Coolgardie Nickel Pty Ltd, now an 100% subsidiary of Future Battery Minerals Ltd. P15/6135 is held by Limelight Industries Pty Ltd until time of grant • The tenements are located in the Kangaroo Hills Timber Rese