Acquisition of material tenement package in rich copper / gold producing area

Ownership  CuFe Limited operate and hold a 60% interest in the Tennant Creek Project.
Overview The mature project is composed of three high-grade copper and gold Mineral Resources named Orlando, Gecko and Goanna, and comprises some 240km of highly prospective tenure in the Gecko-Goanna copper-gold corridor, which has been mined successfully by significant mining houses for many years.
Location/ Infrastructure ~30km north-west of the town of Tennant Creek in the Northern Territory in close proximity to gas pipeline, grid power, the Stuart Highway and rail line to Darwin.
Resource Combined JORC 2004 Mineral Resource* of 6.6Mt @ 1.8% Cu and 0.7g/t Au for 122kt Cu and 145koz Au

* Refer to CuFe ASX release dated 24 September 2021 regarding the historical estimates – 2004 JORC Resource.

This information was prepared and first disclosed under the JORC Code 2004. It has not been updated since to comply with the JORC Code 2012 on the basis that the information has not materially changed since it was last reported.