Barimaia JV

• Strategic location in the Murchison Gold District of WA
• Immediately SE of Ramelius’ Mt Magnet Gold Mine
• Opportunity to assess a drill ready ground package in close proximity to several producing gold mines
• Extensive gold system defined with limited drill testing
• Ordell to acquire 100% of Metallo at IPO from Genesis
• Metallo currently holds 74.6% of Kyla JV and 81.30% of Vesteeg JV (Barimaia JV combined)
• Genesis commenced the JV in 2017 following the acquisition of Metallo
• Exploration by Genesis during time of Barimaia JV was limited as a result of the focus on the Ulysses Project near Leonora
• Ordell’s objective is to define significant shallow (<100m) gold resources
• Extensive gold system defined associated with felsic intrusion host rocks within mafic-ultramafic stratigraphy
• East-west orientation of the stratigraphy confirmed by Genesis drilling and interpretation in 2018
• No modern exploration until post 2010
• The McNabs Prospects are under up to 10m of transported cover
• 2021 AC drilling extended the ENE trending Au anomalous corridor a further ~900m to the east
• 2024 drill testing over 3.5km of strike