EMU NL, advised that it has applied for two highly prospective REE tenement packages in WA to complement its recently acquired Georgetown, prospective rare earth exploration ground in QLD. The WA projects were identified from GSWA evaluation of high value mineral occurrences of TREO near Esperance WA and Merredin WA. The Condingup Project, Esperance, is located within the highly desirable Booanya Granite suite which has recently been recognised for its enrichment for rare earth elements2.

The tenement package is further defined by prospective, favourable geological structures. The Merredin REE Project is located 30kms north of Merredin WA. Two GSWA samples taken from within tenement package reported highly anomalous results, 1381ppm and prospectivity for REE exploration over the 88 square kilometre tenement application.

EMU's WA REE projects add to the recent Georgetown Project (earn in JV) acquisition3. The prospectivity of REE at Georgetown has been further highlighted by University of Queensland Sustainable Minerals Institute, August 2021 report4. The report outlines the potential zones for REE bearing IOCG deposits which are interpreted to overlie portions the CONDINGUP PROJECT (385 km2) New exploration tenement applications at Condingup, near Esperance WA Situated just 35kms SE of ASX:OD6 Splinter Rock Project which is achievingsuccess in similar setting within the enriched Booanya Granite suite Single Geoscience WA (GSWA) sample result showed significantly elevated, 1047ppm Total Rare Earth Oxides (TREO).

Esperance projected to become a central hub for major renewable energy and green hydrogen production Targeting clay hosted REE deposit offering potential large-scale low-cost mining opportunities MERREDIN PROJECT (88 km2) New REE tenement application 30kms north of Merredin (WA Wheatbelt) 2 GSWA highly anomalous, elevated REE samples 1381ppm and 1000ppm TREO. Samples were recovered over prospective granite lithology within a north trending structural fault package. GEORGETOWN PROJECT (850 km2).

REE potential recognised by University of Queensland's Sustainable Minerals Institute (August 2021 Report)1 Fiery Creek and Georgetown tenements overlay REE prospectively which is related to the potential zones for (REE bearing) Iron-Oxide-Copper-Gold (IOCG) deposits which is further supported by moderate stream sediment anomalism Easily accessed vis sealed roads and in a well-regarded exploration/mining jurisdiction.