Future Metals NL to provide an update on its drilling and exploration planning for the Eileen Bore Project and associated tenure. The projects are located within a 20km radius of the Company's 100% owned Panton Project in the highly prospective East Kimberley region of Western Australia. The Alice Downs Corridor is characterised by a series of differentiated pyroxenite, and gabbroic intrusions emplaced along a structural corridor, the Alice Downs Fault, which represents a major north-northeast trending splay off the deep-seated, mantle tapping, Halls Creek Fault.

Broad zones of disseminated and net-textured copper and nickel sulphidesoccur within the host intrusions and are comprised of chalcopyrite, pyrrhotite, pentlandite and pyrite. The previously mined Copernicus deposit is one such example. Additionally, targets along the 18km Alice Downs Corridor, with confirmed nickel-copper sulphide mineralisation, include Eileen Bore, Palamino and Salk on the Company's tenure.

A majority of the project area is under cover which has limited the effectiveness of historical surface sampling. There is significant potential for blind deposits with no surface anomalism. There is an extensive exploration dataset for parts of the tenement area including geophysical surveys; magnetics, gravity, Versatile Time Domain Electromagnetic ("VTEM") and Induced Polarisation ("IP") which concentrated at the Eileen Bore Prospect.

The main focus of historic drilling within the Company's tenure has been on the near surface mineralisation at Eileen Bore. Review of historical drilling combined with geophysical and structural interpretations has identified multiple mineralised bodies that have a northwest plunge proximal to the Alice Downs Fault, with historic drilling ineffectively testing these targets. Historical drilling results include: 120m @ 0.73% Cu, 0.29% Ni & 0.86g/t PGM3E from 0m (EOH) (EBRC 010), Incl.

16m @ 1.0% Cu, 0.36% Ni & 0.99g/t PGM3E from 100m, 96m @ 0.70% Cu, 0.29% Ni & 0.78g/t PGM3E from 24m (EOH) (EBRC 003), Incl. 10m @ 1.08% Cu, 0.34% Ni & 1.04g/t PGM3E from 56m, 84m @ 0.54% Cu, 0.24% Ni & 0.75g/t PGM3E from 36m (EOH) (EBRC 011), 47m @ 0.62% Cu, 0.30% Ni & 0.60g/t PGM3E from 3m(AD07); 36m @ 0.53% Cu, 0.25% Ni & 0.59g/t PGM3E from 40m(EBRC 002), 64m @ 0.77% Cu, & 0.30% Ni from 32m (EoH) (EP09), 52m @ 0.74% Cu, & 0.29% Ni from 10m (EP08). Additional compelling targets at Eileen Bore are to the north of the area which has been previously drilled, in an antiformal fold axis and to the south along the Alice Downs Fault in a synform.

To the north, Drill Target 2 is based on coincident magmatic chalcopyrite-pyrrhotite mineralisation identified in peridotite rock chips by petrology and is associated with Ni-Cu, PGE and Au soil anomalism. There is no historic drill testing in the area. To the south, Drill Target 3 is associated with the same coincident soil anomalism identified at Eileen Bore and Drill Target 2, which has also not been drill tested.