Announcement PDF 9 February 2024 Correction to ASX Announcement 9th February 2024 Post the release of Pinnacles announcement on the 9th February 2024 titled - Canadian Lithium Exploration Update, Pinnacles Qualified Person (Quebec) noted an error made in transcribing data from the assay tables to the body of the text. The following correction to paragraph two (2) has subsequently been made (changes in red) and Pinnacle requests that this announcement be released to cater for this error. Original Text: Assay results from rock chip samples (Table 3 and Table 4) from the Adina East and Lac Rug projects taken in a short time frame just before winter set in, has not returned lithium enrichment. However, significant rubidium enrichment, up to 0.12%, has been obtained on some granites, indicative of the intense magmatic fractionation which is a precursor to lithium fractionation. Updated Text: Assay results from rock chip samples (Table 3 and Table 4) from the Adina East and Lac Rug projects taken in a short time frame just before winter set in, has not returned lithium enrichment. However, significant rubidium enrichment, up to 658 ppm has been obtained on a granitic pegmatite, indicative of magmatic fractionation which is a precursor to lithium saturation. Regards, Nic Matich. Managing Director Nic Matich Pinnacle Minerals Limited T: + 61 411 875 659 E: nic.matich@pinnacleminerals.com.au Pinnacle Minerals Ltd Australian Registered Office ACN: 655 033 677 Unit 6, Level 1, 389 Oxford Street Mount Hawthorn WA 6016 T: + 61 8 9426 0666 E: admin@pinnacleminerals.com.au www.pinnacleminerals.com.au ASX Announcement 9 February 2024 Canadian Lithium Exploration Update HIGHLIGHTS • Rock chip assays from Pinnacle’s Adina East Project (“Adina East”) and Lac Rug Project received • Fractionation trend observed at Adina East to guide further exploration • LIDAR survey of Adina East planned for Canadian Spring (May/June) to identify potential pegmatite outcrops and facilitate efficient and targeted fieldwork • Prospecting at Adina East to proceed immediately upon receival of LIDAR imagery Q2/Q3 2024 • Pinnacle’s exploration Contractor IOS Services Géoscientifiques inc. (IOS), currently working up and scheduling summer exploration plan for Quebec lithium projects Pinnacle Minerals Ltd (ASX: PIM) (“Pinnacle”, the “Company”) is pleased to announce that the Company has received assay results from the last autumn brief reconnaissance programs conducted in late 2023, at the onset of the Canadian winter. The Company has also begun engaging consultants and contractors in preparation for its northern summer field season at the Adina East Lithium Project in James Bay Quebec. The field season will begin in May / June with a LIDAR survey of the entire project. High resolution orthophotos taken simultaneously with the LIDAR readings will be draped over the digital elevation model (DEM), enabling the identification of potential pegmatite outcrops which often show up as “evident” white elevated “areas”, as tested by our contractor on numerous other projects. An example of such a data set is presented in Figure 1. Assay results from rock chip samples (Table 3 and Table 4) from the Adina East and Lac Rug projects taken in a short time frame just before winter set in, has not returned lithium enrichment. However, significant rubidium enrichment, up to 658 ppm has been obtained on a granitic pegmatite, indicative of magmatic fractionation which is a precursor to lithium saturation. Importantly, at Adina East, key “fractionation ratios” of K/Rb below 100 suggest the potential for a spodumene-bearing pegmatite to have been generated, trending northwest into the project's metasedimentary rocks, like those that host Loyal Lithium’s Trieste discovery (includes drilling intercepts of 40.0m at 1.2% Li2O1) 5 kms to the west. This will enable Pinnacle to vector in on any highly fractionated pegmatites that would have the potential to host lithium-rich minerals including spodumene. This fractionation ratio data will be used in conjunction with the LIDAR and Orthophotos to assist in targeted field work scheduled to begin in Q2/Q3 2024. Pegmatite outcrop Figure 1: Example of successful identification of a pegmatite outcrop (ASX:MRZ - Bohier Project) 1 - Loyal Lithium (ASX:LLI) ASX Announcement 18th January 2024 Pinnacle Minerals Ltd Issued Capital Australian Registered Office Directors ACN: 655 033 677 ASX: PIM 45,463,317 Shares 44,867,271 Options Unit 6, Level 1, 389 Oxford Street Mount Hawthorn WA 6016 T: + 61 8 9426 0666 E: admin@pinnacleminerals.com.au WILLIAM WITHAM – Executive Chairman NIC MATICH – Managing Director LINCOLN LIU – Non-Executive Director STEPHEN ROSS – Non-Executive Director www.pinnacleminerals.com.au Pinnacle Minerals Managing Director, Nic Matich, commented: “The Pinnacle team is excited for what 2024 brings. With numerous opportunities in several key commodities including Lithium, Uranium and Mineral Sands. Whilst no lithium discovery was made in Canada during the first pass reconnaissance program(s) it must be understood that the field team only scratched the surface for less than five days prior to the onset of the snow cover. Pinnacle remains confident of its flagship Adina East Project and has begun formalising the 2024 field campaign(s) which aim to cover the entire claim package to maximise the likelihood of exploration success. Field work is expected to start as soon as the snow cover is melted, likely in late May.” Results Discussion K/Rb ratios for Adina East are presented in Table 1 and Table 2 and mapped in Figure 2. The map highlights the ratio reducing the further north / northwest the sample is located. Spodumene fields typically occur where the K/Rb ratio < 100 and Cs > 500ppm or Rubidium > 1000ppm (Figure 4). A stylised schematic is shown in Figure 3. Pinnacle has interpreted that the late-stage granite intrusions highlighted as Tonalite and Granodiorite (Lake Salò Intrusion and Joubert Suite) in Figure 2 could be a Parental granite with which to radiate prospecting out of, to identify potential Spodumene fields. Whilst Pinnacle has a limited data set at this juncture the upcoming LIDAR acquisition will greatly assist in finding targets with which to follow up in the field. Increasing Fractionation Figure 2: K/Rb Ratios - Adina East www.pinnacleminerals.com.au 2 Spodumene field Figure 3: Schematic model in profile that shows regional zoning patterns in a pegmatite field. Characteristic rare-element suites of the most enriched pegmatites in each zone are indicated. The most prospective pegmatites are in distal areas compared to the parental granite (modified after Duuring, Rare Element Pegmatites: A mineral systems analysis, GSWA). Most Adina East samples Prospect Deposit Figure 42: Chemistry of feldspars in pegmatites from the Québec’s James Bay area as measured with a portable XRF. The rubidium over potassium differentiation trend is discernible on the left, with the spodumene bearing dykes in red. Measurements on Adina samples dominantly plots in the blue field. 2 – Réjean Girard (IOS Géosciences), Exploration for lithium: Geochemical Approaches, Québec Mines and Energy 2023, 22/11/2023 www.pinnacleminerals.com.au 3 Assay results for select pegmatite outcrop and boulders sampled at Adina East Table 1: Adina East - Select Assay Results, a result of “0” is below detection limit. Sample Easting Northing K/Rb 160090055 160090051 160090004 160090054 160090007 160090005 160090009 160090052 160090056 160090057 160090011 160090008 160090058 695484 695775 696351 699226 696709 696294 692176 709648 690979 691307 696395 696506 692514 5907108 5906865 5904850 5907618 5904797 5904473 5902786 5905559 5901153 5900939 5901466 5905740 5900389 82 140 146 157 225 266 272 307 307 313 342 368 369 Cs CsO2 Li Li2O Ta Ta2O5 Be BeO Rb Nb Sn Ga ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm 42 7 21 27 18 5 7 3 10 5 2 2 3 45 7 23 29 19 6 8 3 11 5 3 3 3 31 0 0 24 0 0 0 15 0 0 0 16 0 67 0 0 52 0 0 0 32 0 0 0 34 0 4 1 3 7 1 17 2 1 1 1 1 1 1 5 1 3 9 1 21 3 1 2 1 1 1 1 0 5 0 4 0 0 3 0 0 0 0 0 0 0 14 0 11 0 0 8 0 0 0 0 0 0 658 178 474 267 342 128 147 95 192 99 158 114 65 9 0 5 33 0 24 7 6 3 4 3 5 0 3 5 4 3 6 5 4 3 1 1 2 3 1 24 21 16 25 18 17 16 21 17 13 12 14 16 Assay results for select pegmatite outcrop and boulders sampled at Lac Rug Table 2: Lac Rug - Select Assay Results, a result of “0” is below detection limit. Sample Easting Northing K/Rb 160990009 160990004 160990003 160990007 160990055 160990051 160990006 160990053 160990005 160990054 160990052 380699 380544 381210 380523 380685 380788 380302 380086 380755 381332 380670 5410181 5409934 5409112 5407523 5410395 5408007 5407731 5407874 5408068 5408953 5407952 72 77 90 117 120 122 141 143 150 155 166 Cs CsO2 Li Li2O Ta Ta2O5 Be BeO Rb Nb Sn Ga ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm 6 6 21 12 9 14 6 9 4 1 2 7 7 22 13 10 14 6 10 4 1 2 58 54 0 0 36 0 0 0 20 0 41 125 116 0 0 77 0 0 0 43 0 88 7 8 42 21 4 14 2 11 8 8 3 8 10 51 26 5 16 2 13 10 9 4 4 0 0 0 0 0 0 0 0 0 0 11 0 0 0 0 0 0 0 0 0 0 221 220 376 367 308 518 227 518 113 58 18 35 47 40 53 13 50 15 8 43 20 4 11 14 2 2 3 2 4 1 3 4 1 32 29 22 31 23 22 21 16 23 22 13 This announcement has been authorised for release by the Board of Pinnacle Minerals Ltd. For further information, please contact: Executive Chairman William Witham Pinnacle Minerals Limited T: + 61 (0) 8 9426 0666 E: admin@pinnacleminerals.com.au Managing Director Nic Matich Pinnacle Minerals Limited T: + 61 (0) 475 870 345 E: admin@pinnacleminerals.com.au Media and Investor Inquiries Jane Morgan Jane Morgan Management +61(0) 405 555 618 E: jm@janemorganmanagement.com.au www.pinnacleminerals.com.au 4 About Pinnacle Minerals Pinnacle Minerals Ltd (ASX:PIM) is an ASX listed technology minerals company focused on delivering shareholder value via the systematic exploration and development of its portfolio of battery and technology metals projects in Canada, Western Australia and South Australia. Pinnacle aims to deliver exploration success via systematic and geologically rigorous techniques. The Company’s focus is the “Adina East Project” in James Bay, Quebec which is proximal to the world class Adina Lithium Project (Winsome Resources: ASX:WR1) and adjacent to the Trieste Lithium Project (Loyal Lithium: ASX:LLI) and the Tilly Lithium Project (ASX:WR1). The Company’s Australian exploration assets are prospective for Uranium, Rare Earth Elements, Mineral Sands and Kaolin. Forward Looking Statements This announcement contains ‘forward-looking information’ that is based on the Company’s expectations, estimates and projections as of the date on which the statements were made. This forward-looking information includes, among other things, statements with respect to the Company’s business strategy, plans, development, objectives, performance, outlook, growth, cash flow, projections, targets and expectations, mineral reserves and resources, results of exploration and related expenses. Generally, this forward-looking information can be identified by the use of forward-looking terminology such as ‘outlook’, ‘anticipate’, ‘project’, ‘target’, ‘potential’, ‘likely’, ‘believe’, ‘estimate’, ‘expect’, ‘intend’, ‘may’, ‘would’, ‘could’, ‘should’, ‘scheduled’, ‘will’, ‘plan’, ‘forecast’, ‘evolve’ and similar expressions. Persons reading this announcement are cautioned that such statements are only predictions, and that the Company’s actual future results or performance may be materially different. Forward looking information is subject to known and unknown risks, uncertainties and other factors that may cause the Company’s actual results, level of activity, performance, or achievements to be materially different from those expressed or implied by such forward-looking information. Competent person statement The information in this announcement that relates to Exploration Targets, Exploration Results, Mineral Resources or Ore Reserves is based on information compiled by William Witham, a Competent Person who is a Member of The Australian Institute of Geoscientists (AIG). William Witham is a director of Pinnacle Minerals Ltd. William Witham 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’. William Witham consents to the inclusion in the presentation of the matters based on his information in the form and context in which it appears. Pinnacle Minerals engaged IOS Geosciences (IOS) to execute the prospecting and exploration work described in this release. IOS has an experienced team of explorers based in Saguenay, Québec, and is managing several projects in the James Bay region. This report contains information related to exploration results and is based on preliminary information and data compiled or reviewed by IOS under the supervision of Mr. Réjean Girard, who acted as the qualified person according to Canadian regulations and a Professional Geoscientist (P. Geo) with the respective professional regulatory body, the Order of Geologists of Quebec. Mr. Girard has also reviewed this news release. www.pinnacleminerals.com.au 5 Appendix 1: Adina East outcrop and boulder assay results Easting Sample ID 160090002 160090003 160090004 160090005 160090006 160090007 160090008 160090009 160090011 160090051 160090052 160090053 160090054 160090055 160090056 160090057 160090058 Northing Al As B % ppm ppm Ba Be Bi Ca Cd Ce Co Cr ppm ppm ppm % ppm ppm ppm ppm Table 3: Adina East - Assay Results Cs Cu Dy Er Eu Fe Ga Gd Ge Ho Hf In K La Li Mg Mn Mo Nb Nd Ni Pb Pr Rb S Sb Se Si Sm Sn Sr Ta ppm ppm ppm ppm ppm % ppm ppm ppm ppm ppm ppm % ppm ppm % ppm ppm ppm ppm ppm ppm ppm ppm % ppm ppm % ppm ppm ppm Tb Te Th Ti Tl Tm U V W Y Yb Zn ppm ppm ppm ppm % ppm ppm ppm ppm ppm ppm ppm ppm (NAD83 Z18) (NAD83 Z18) 700314.834 5907463.13 7.32 0 40 5 3 0 1.23 0 7.1 0.5 70 2.7 0 0.4 0.2 0.58 18.9 1.1 1.3 0 10 0 0.6 3.6 0 0 85 4 0 2.6 10 18.5 0.8 19.4 0.01 0 0 > 30,0 0.7 1.1 36 0.6 0 0 4.5 0 0.1 0 2 5 0 1.3 0.2 0 700477.864 5907275.46 7.5 0 50 398 0 0 0.39 0 3.8 0.4 50 15.1 0 0.3 0.2 0.3 0.68 19.5 0.8 0.9 0 0 0 6.6 2.3 0 0.02 157 7 0 1.8 0 21.2 0.5 234 0 0 0 > 30,0 0.3 0.5 127 0.5 0 0 2.8 0.01 1.4 0 17.2 6 0 3.2 0.4 0 696350.643 5904850.31 7.73 0 80 8 0 0 0.14 0 1.3 0.8 40 21.4 0 0 0.66 16.3 0.3 1.6 0 20 0 6.9 0.6 0 0.01 84 3 4.9 0 0 28.2 0.2 474 0 0 0 > 30,0 0 4.3 20 2.7 0 0 0.6 0 2.5 0 1.9 0 0 1 0.1 0 696293.724 5904472.57 5.7 10 860 40 0 242 0.16 0 3.4 0.8 70 5.4 6 0.4 0.2 0.1 1.57 17.3 0.5 0.8 0 0 0 3.4 1.6 0 0.13 143 7 23.6 1.3 10 28.2 0.3 128 0 0 9 > 30,0 0.2 5 39 17.1 0 0 2.8 0.03 0.6 0 9.5 0 9.9 2.8 0.3 0 696717.195 5904760.34 7.09 6 190 56 5 29 0.27 0 6.1 0.9 50 16.6 0 0.5 0.4 0 0.6 15.5 0.7 1.9 0 10 0 4.9 3.3 0 0.03 98 9 4.5 2.4 10 37.3 0.8 215 0 0 0 > 30,0 0.9 1.4 50 2.2 0.1 0 5.9 0 1.2 0 5.9 0 1.6 4.4 0.3 0 696708.907 5904796.57 8.85 0 40 46 0 0 0.08 0 2.4 0.4 50 17.5 5 0.4 0.2 0.1 0.6 18.2 0.3 2.4 0 0 0 7.7 1.1 0 0.01 65 2 0 1.4 10 50.8 0.3 342 0 0 8 > 30,0 0.2 5.9 47 0.9 0 0 3.3 0 1.7 0 1.3 6 0 2 0.2 0 696506.128 5905739.51 7.38 0 30 172 0 0 0.65 0 26.9 1.1 50 2.4 7 7.7 7.8 0.3 0.99 14.1 4.7 1.9 2 0 0 4.2 13.4 16 0.05 814 4 4.9 12.7 10 44.2 3.4 114 0 0 12 > 30,0 3 94 1 0.9 0 15.3 0.01 0.7 1.4 7.1 7 0 62.9 9.6 30 692176.305 5902786.37 6.8 0 20 318 3 0 0.46 0 6.3 1.6 50 7.3 8 2.6 1.6 0.3 1.14 16.4 2.4 1.3 0.7 0 0 4 1.9 0 0.13 253 3 6.8 2.8 10 0.8 147 0 0 0 > 30,0 1.5 4.4 155 2.3 0.5 0 95.8 0.05 0.8 0.3 10.4 9 0.7 14.7 2.2 40 696394.818 5901465.77 6.49 0 10 913 0 0 0.11 0 24.7 1 50 2.4 5 0.5 0.3 0.5 0.89 12.4 1.2 0 0 0 5.4 12 0 0.08 95 4 3.1 9.2 20 37.2 2.7 158 0 0 0 > 30,0 1.7 1.9 169 1 0.2 0 11.1 0.02 0.9 2.5 7 0 2.2 0.2 30 695775.299 5906864.76 7.8 6 1260 12 5 0 0.57 0 7.8 0.5 50 6.7 8 2.1 0.9 20.6 2.5 1.9 0.3 0 0 2.5 3.8 0 0.03 170 3 0 3.2 10 25.1 178 0 0 0 > 30,0 1.3 5.2 20 0.9 0.4 0 7.5 0.02 0.9 0.2 10.2 7 0 13.7 0.7 60 709647.574 5905559.32 7.96 0 40 209 0 2 1 0 7.3 1.2 50 2.9 5 0.4 0.2 0.3 0.85 20.8 0.4 1.3 0 0 0 2.9 3.8 15 0.16 120 3 5.9 2.7 0 26.3 0.8 94.6 0 0 0 > 30,0 0.6 2.8 125 0.8 0 0 3.1 0.03 0.4 0 4.7 8 1 1.8 0.1 0 699939.602 5907409.86 1.76 0 0 14 0 0 2.01 0 3.7 1 100 0.8 25 1.1 0.7 0.4 7.29 7.4 0 0 0 0.3 2.1 0 0.85 661 6 0 2.3 0 0 0.1 0 0 > 30,0 0.6 5.9 109 0.4 0.1 0 1.2 0.06 0 0.4 35 103 6 0.6 0 699226.248 5907618.16 6.68 195 110 35 4 9 0.31 0 4.4 0.6 60 27 3 2.1 1.2 0.1 0.75 25.1 1.4 1.3 0.4 10 0 4.2 2 24 0.03 245 4 33.4 2.1 10 16.2 0.5 267 0 0 0 > 30,0 0.8 2.7 50 7.2 0.3 0 2.5 0.03 1.7 0.2 3 5 3.5 13.9 1.3 0 695483.649 5907108.05 7.32 0 1800 14 0 8 0.13 0 4.1 0.7 50 42 4 1.3 0.8 24.2 2.1 1.9 0.3 10 0 5.4 1.6 31 0.06 228 8 9.4 1.9 10 25 0.6 658 0 0 0 > 30,0 1 18 4.3 0.3 0 5.7 0.01 0.1 15.3 0 0 11 0.7 70 690979.225 5901152.52 7.4 0 20 555 0 0 0.33 0 7.4 1 70 10.1 4 0.4 0.2 0.4 0.93 17 0.6 1.5 0 0 0 5.9 3.3 0 0.02 7 3.2 3 0 21.9 0.9 192 0 0 12 > 30,0 0.5 0.6 180 1.3 0 0 6.4 0.01 1.1 0 1.6 5 0.8 1.7 0.1 0 691306.746 5900938.97 6.37 0 0 389 0 0 0.74 0 2.9 1.9 90 4.8 10 0.4 0.3 0.4 1.41 12.9 0.3 0.8 0 20 0 3.1 1.7 0 0.18 171 24 3.7 1.6 10 18.5 0.3 99 0 0 0 > 30,0 0.4 1.1 194 0.7 0 0 5.2 0.07 0.6 0 13.4 11 1.1 1.9 0.2 100 692514.047 5900388.83 6.91 0 0 309 0 0 0.89 0 1.4 0.6 50 2.7 8 15.6 0.2 0 0 0 2.4 0.9 0 0.04 0 0.9 0 65 0 0 0 > 30,0 0.1 0.7 368 0.8 0 0 0.7 0.02 0.3 0 1.5 9 0 0.4 0 0 Tm U V W Y Yb Zn 0 0 0 0 0 0 0 1.26 1.26 0.2 0.91 1 0.9 2.5 0 92 80 3 19 1 0.5 14.6 18.1 0.1 3 2.7 0 4 0 Missing samples numbers were analytical reference material for QAQC purpose. Appendix 2: Lac Rug Outcrop and Boulder Assay results Sample ID 160990002 160990003 160990004 160990005 160990006 160990007 160990008 160990009 160990012 160990051 160990052 160990053 160990054 160990055 Easting Northing B Ba Be Al As Bi Ca Cd Eu Fe Ga Gd Ge Ho In K La % ppm ppm ppm ppm ppm % ppm ppm ppm ppm ppm ppm ppm ppm ppm % ppm ppm ppm ppm ppm ppm % ppm ppm (NAD83 Z18) (NAD83 Z18) 2895095 2895095 7.48 0 0 423 0 2895095 2895095 6.14 0 0 19 0 2895095 2895095 7.28 0 0 436 0 0 2895095 2895095 7.87 0 0 245 0 2895095 2895095 7.41 0 0 45 0 0 Ce Co Table 4: Lac Rug - Assay Results Cr Cs Cu Dy Er Hf Li Mg Mn Mo Nb Nd Ni % Rb S Sb Se Si Sm Sn Th Ti Tl ppm ppm ppm ppm ppm ppm ppm ppm % ppm ppm % ppm ppm ppm ppm ppm ppm ppm % ppm ppm ppm ppm ppm ppm ppm ppm Pr 10 12.6 0.2 21.2 Sr Ta 1.58 0 1.9 1.9 30 1.5 12 0 0.1 0.4 1.17 15.4 0.2 0 0 0 0 0.8 1.2 34 0.22 136 6 5 0 0 14 > 30,0 0 1770 0.15 0 12 0.6 40 21.2 7 1.9 0.9 0 0.85 22.1 2.7 1.7 0 0 0 3.4 5.3 0 323 5 40.3 5.8 0 30.2 1.9 376 0.01 0 21 > 30,0 2.4 1.6 0.84 0 15.4 0.7 0 6.2 2 2 1.5 0.5 1.35 29.2 2.7 1 0.4 0 0 1.7 7 54 0.11 535 5 47.2 8.6 0 15.7 2.2 220 0 0 14 > 30,0 2.3 13.7 195 7.8 0 1.21 0 8 0.9 0 3.8 3 1 0.6 0.3 0.72 23.2 2.1 0 0 0 0 1.7 3 20 0.08 197 0 42.9 5.4 0 19.1 1 113 0 0 0 0.67 0 21.3 0 0 5.8 0 5.4 2.8 0.1 1.11 21.3 4.7 1.4 0.9 0 0 3.2 9.3 0 0.03 129 3 14.7 14.9 10 34.6 3 227 0 0 0.02 163 0 0.9 Pb 0.7 529 1.1 Tb Te 0 0 0.2 0.09 0.1 0 0.7 8 1.3 1 0.1 25 41.7 0.4 7 5.9 0.02 1.9 0.1 5.9 0 2.2 9.3 0.8 40 0 0.3 0 6.3 0.07 0.9 0.3 1.6 8 0 16.9 2.7 0 17 > 30,0 2.4 2.6 364 8.2 0.2 0 4 0.04 0.5 0 4.6 0 0 5.3 0.5 30 15 > 30,0 4.4 3.7 52 1.9 0.8 0 21.2 0.02 1.4 0.5 9.5 0 1.1 32.8 2 30 42 21.4 0 2895095 2895095 9 0 0 29 0 0 0.32 0 12.8 0.9 0 11.8 31 6.4 3.4 0.2 0.83 31.2 4.2 1.9 1 0 0 4.3 5 0 10 53.2 8.7 10 44.6 1.6 367 0 0 13 > 30,0 3.3 1.9 1 0 10.7 0.02 1.8 0.5 16.6 0 0.8 33.1 3.4 2895095 2895095 4.37 0 0 12 0 0 0.23 0 13.8 0.5 40 6.9 0 4.9 3.5 0 0.85 23.2 4 1.5 0.8 0 0 1.3 6.3 32 0.04 1060 3 46.4 6.8 20 15 1.9 209 0 0 11 > 30,0 3.2 11.3 20 17.2 0.7 0 7.9 0.02 0.6 0.6 2.4 0 0.8 38 4.8 0 2895095 2895095 9.26 0 0 258 4 0 1.13 0 6.3 0 6.2 4 0.6 0.3 0.3 0.94 32 1.1 1 0 0 0 1.6 3.3 58 0.06 178 3 35.3 3.6 0 18.5 0.8 221 0 0 13 > 30,0 1.3 10.9 321 6.7 0.2 0 2 0 1 0 0 5.4 0.4 30 2895095 2895095 3.02 0 0 10 0 0 2.91 0 2.2 77.2 1900 0 48 1.4 0.8 0.2 6.72 5.5 1.3 1.3 0.3 0 0 0 1 0 16.8 1210 5 5.5 2.7 0.06 0 0 0.1 0 0.3 133 1.6 8.6 2895095 2895095 8.05 0 0 83 0 0 0.28 0 10.1 0.9 40 13.5 5 6.5 5 0.2 0.7 22.3 5.4 1.4 1.5 10 0 6.3 4.1 0 0.04 157 4 49.6 6.2 20 39.9 1.1 518 0 0 14 > 30,0 2.6 1.9 60 13.5 0.9 2895095 2895095 7.5 0 0 322 0 0 1.8 0 0 1.5 0 2.1 0 0 0 0.2 0.98 13.4 0 0 0 0 0 0.3 0 41 0.15 95 3 4.3 0.4 0 9 0 18.1 0 0 0 > 30,0 0 1.3 544 3.4 0 2895095 2895095 7.33 0 0 109 0 0 0 0 0 0.7 0 9.1 2 1 0.4 0.2 0.5 15.8 0.3 1.2 0 0 0 7.4 0.6 0 0 57 5 7.5 0 10 37.9 0 518 0 0 0 > 30,0 0 1.3 62 10.9 2895095 2895095 7.37 0 0 34 0 0 0.78 0 5 0.8 0 0.9 4 2.3 1.6 0.2 0.8 1.3 1 0.3 0 0 0.9 3 0 0.06 112 3 20.4 2.6 0 16.3 0.6 58.2 0 0 0 > 30,0 1.1 3.8 66 2895095 2895095 7.4 0 0 57 0 0 0.57 0 3.7 0.5 0 9 0 1.1 0.8 0.2 0.84 22.8 0.6 1.1 0.3 0 0 3.7 2.3 36 0.03 123 8 13.2 1.9 0 33.8 0.5 308 0 0 13 > 30,0 0.4 3.3 41 0.4 22 2.3 980 4.7 0.4 22.5 0.8 1.5 27 0.04 1 0 0.1 0.14 0 1 80 8 12.9 0.02 2.9 0.8 23.5 0 2.2 40.9 4.8 0 0 0 0.04 0.1 0 0.3 0 0 0.4 0.2 0 0 0 2.9 0 2.9 0.1 3.8 0 0 6.8 0.8 0 7.7 0.2 9 6 0.02 0.3 0.3 5.6 0 4.2 12.9 1.7 0 4.3 0.1 0 7.5 0.02 1.8 0.1 4.3 0 0.8 0 1.6 7.3 0.7 Missing samples numbers were analytical reference material for QAQC purpose. www.pinnacleminerals.com.au 6 Appendix 3 JORC Tables Section 1 Sampling Techniques and Data Criteria JORC Code explanation Sampling techniques • • • • Drilling techniques • Drill sample recovery • • • Logging • Nature and quality of sampling (e.g., 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 (e.g., ‘reverse circulation drilling was used to obtain 1m samples from which 3 kg was pulverised to produce a 30 g 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 (e.g., submarine nodules) may warrant disclosure of detailed information. Drill type (e.g., core, reverse circulation, open-hole hammer, rotary air blast, auger, Bangka, sonic, etc.) and details (e.g., core diameter, triple or standard tube, depth of diamond tails, facesampling bit or other type, whether core is oriented and if so, by what method, etc.). 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. Whether core and chip samples have been geologically and geotechnically logged to a level of detail to support appropriate www.pinnacleminerals.com.au Commentary • Sampling in the course of a reconnaissance mapping and sampling program aimed to confirm historical pegmatite reports, by locating both previous and sampling pegmatite outcrops or boulders and obtaining assays from these. Samples were selected by geologists to be as representative as possible of the lithofacies, but remained at their discretion, These samples are not considered as fully representative of the outcrops. • A Total of 17 grab sample were collected on Adina East project and 15 samples on Rug • • • Work described in the release has involved review of the publicly available datasets which are available through the ‘Geomining Information System of Quebec’ - sigeom.mines.gouv.qc.ca Ministère des Resources Naturelles et des Forêts (MERN), the Quebec geological survey (QGS), documents historical mapping over the Adina East Project areas; and surrounding region with rock descriptions publicly available. No assay data is available for MERN samples/mapping points. At this early stage of exploration, discretionary grab samples are considered appropriate. • No drilling is reported. • No drill samples have been taken. • No drilling completed. • All data is stored in digital format for use in GIS software packages. project. • 7 Criteria JORC Code explanation • • Sub-sampling techniques and sample preparation • • • • • • Quality of assay data and laboratory tests • • • Verification of sampling and assaying • • • Mineral Resource estimation, mining studies and metallurgical studies. Whether logging is qualitative or quantitative in nature. Core (or costean, channel, etc) photography. The total length and percentage of the relevant intersections logged. 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. Commentary • The final field report which remains pending will contain more accurate geological descriptions including geochemical assay data. • Samples were processed by Activation Laboratories in Ancaster, Ontario, a ISO-17025 accredited facility. Samples were crushed to 70% -2 mm with a jaw crusher, aliquoted and the pulverized to 70% -170 um with steel puck-and ring mill. • Assaying used ICP-MS measurement after a Sodium Peroxide “Total” Fusion (Ultratrace 7). Samples were pulverized and fused with sodium peroxide in a Zirconium crucible to enable digestion of refractory minerals such as tantalum oxides. The fused sample is acidified with 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. concentrated nitric and hydrochloric acids. The resulting solutions are diluted and then 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 (e.g., standards, blanks, duplicates, external laboratory checks) and whether acceptable levels of accuracy (i.e., lack of bias) and precision have been established. 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. One blanks material and one certified reference materials (Oreas 147) were inserted among www.pinnacleminerals.com.au measured by ICP-OES and ICP-MS. both batch of the samples to monitor quality, which QAQC process was conducted by Mme Véronique Bouchard, professional chemist for IOS Geosciences. All assays reported within tolerance. The company has verified the presence of historically reported outcrop lithologies during the reconnaissance phase of exploration works. Field duplicates of rock chips were obtained but not assayed. 8 Criteria Location of data points Data spacing and distribution Orientation of data in relation to geological structure Sample security Audits or reviews JORC Code explanation • • • • • • • • • • • Discuss any adjustment to assay data. 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. Data spacing for reporting of Exploration Results. Whether the data spacing and distribution is sufficient to establish the degree of geological and grade continuity app