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Reporting assumptions

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Ownership basis

Show the full project inventory before ownership adjustment.

Display scale

Display contained quantities in millions of ounces or tonnes.

Resource treatment

Normalise Resources to exclude Reserves: where a project is flagged inclusive, net Reserves out of Resources so the figure is additional Resources beyond Reserves. Unknown-convention rows are shown as stated.

Resource total

Total Resource includes Inferred (JORC convention). Totals are re-derived from category rows wherever the document discloses them.

Recovery basis

Show the issuer's headline recoverable figure as reported. Lithium-brine reserves already have the brine-processing recovery factor applied; everything else is shown as stated.

Commodity view

Primary view: each commodity in its own contained unit (oz / t).

Moblan Lithium

Québec, Canada · Developing · 60.0% ownedUnverified

Current R&R by category

Whole-project rollup at the latest vintage per category: printed project-level rows are preferred, and mining areas are summed (tonnes-weighted grade) only where the issuer prints no project-level row. Per-area and per-source detail in the Current R&R table below.

Category	Tonnes (Mt)	Grade (% Li2O)	Contained (Mt LCE)	As at
Measured	—	—	—	—
Indicated	15.33 Mt	0.84% Li2O	0.32 Mt LCE	30 June 2025
Inferred	21.00 Mt	1.02% Li2O	0.53 Mt LCE	30 June 2025
Total Resources	36.33 Mt	0.94% Li2O	0.85 Mt LCE	30 June 2025
Proved	—	—	—	—
Probable	34.50 Mt	1.36% Li2O	1.16 Mt LCE	30 June 2025
Total Reserves	34.50 Mt	1.36% Li2O	1.16 Mt LCE	30 June 2025

Cut-off grade

0.25% Li2O · 0.60% Li2O

Price assumption

A$1273.00/t · A$1170.00/t

JORC code year

—

Peer benchmark — developing Li projects (28 with resources)Resource size P34Resource grade P13View on grade-tonnage chart →

Percentile of this project's current total Resource among covered peers (P100 = largest / highest grade). Basis and Inferred toggles apply.

Data quality

Latest source: 20-F: 20-F · 30 June 2025
Reporting code: SK-1300
Convention: exclusive
Currency assumption: A$

Current R&R

Resources

Category	Tonnes (Mt)	Li		As at	Source	Provenance
Category	Tonnes (Mt)	Grade (% Li2O)	Contained (Mt LCE)	As at	Source	Provenance
Indicated	15.33 Mt	0.84% Li2O	0.32 Mt LCE	30 June 2025	Moblan mineral resource estimate, exclusive of mineral reserves, as at June 30, 2025Unverified Evidence record Moblan Lithium Indicated · Li · as at 2025-06-30 Reported figure Area Whole project Basis attributable Ore tonnes (t) 15333333.333333334 Grade 0.8400 Contained (t LCE) 318522.4 Classification Resource Source trail 20-F: 20-F Moblan mineral resource estimate, exclusive of mineral reserves, as at June 30, 2025 Published 2025-10-31 Verification Approved; not independently verified · Model extracted Copies a pre-filled issue record so you can send it through your normal channel.

Reserves

Category	Tonnes (Mt)	Li		As at	Source	Provenance
Category	Tonnes (Mt)	Grade (% Li2O)	Contained (Mt LCE)	As at	Source	Provenance
Probable	34.50 Mt	1.36% Li2O	1.16 Mt LCE	30 June 2025	Moblan mineral reserves estimate, as at June 30, 2025Unverified Evidence record Moblan Lithium Probable · Li · as at 2025-06-30 Reported figure Area Whole project Basis attributable Ore tonnes (t) 34500000 Grade 1.3600 Contained (t LCE) 1160331.6 Classification Reserve Source trail 20-F: 20-F Moblan mineral reserves estimate, as at June 30, 2025 Published 2025-10-31 Verification Approved; not independently verified · Model extracted Copies a pre-filled issue record so you can send it through your normal channel.	notes (4) Source: 20-F: 20-F · published 31 Oct 2025 Ref: Moblan mineral reserves estimate, as at June 30, 2025 SK-1300 — Reporting code of record: SK-1300 Cutoff 0.60% Li2O — Cut-off grade assumption from the source statement. @ A$ 1,170/t LCE — Metal price assumption used to derive this estimate. attrib — Figures are net to the issuer's ownership interest as reported (attributable basis) — NOT 100% of the project.
Total Reserves	34.50 Mt	1.36% Li2O	1.16 Mt LCE	30 June 2025	Moblan mineral reserves estimate, as at June 30, 2025Unverified Evidence record Moblan Lithium Total Reserve · Li · as at 2025-06-30 Reported figure Area Whole project Basis attributable Ore tonnes (t) 34500000 Grade 1.3600 Contained (t LCE) 1160331.6 Classification Reserve Source trail 20-F: 20-F Moblan mineral reserves estimate, as at June 30, 2025 Published 2025-10-31 Verification Approved; not independently verified · Model extracted Copies a pre-filled issue record so you can send it through your normal channel.	notes (4) Source: 20-F: 20-F · published 31 Oct 2025 Ref: Moblan mineral reserves estimate, as at June 30, 2025