Drilling Program Completed at The Australian Vanadium Project

First drilling program targeting Mineral Resource extensions and upgrades completed.

Key Points:

• Phase 1 resource extension and upgrade drilling program completed.
• Program comprised 13 Reverse Circulation (RC) holes for 1,224 metres at the Australian
  Vanadium Project.
• Samples received and currently being assayed by Internationally Certified Laboratory in
  Perth.
• Mineral Resource update to follow receipt of assays, incorporating latest RC drill results
  and diamond drill results from early 2019.
• Further drill programs in advanced planning stage, targeting southern blocks to convert
  current Inferred Resources to Indicated Resources.