Boab Metals Limited provided update in relation to the development of the Sorby Hills Lead-Silver-Zinc Project and Henan Yuguang Gold and Lead Co., Ltd, the Company's 25% Joint Venture partner for the Project and the largest Lead smelting company and Silver producer in China. The Company has already engaged with the Northern Australia Infrastructure Facility ("NAIF") and Export Finance Australia ("EFA") regarding potential finance for Sorby Hills and is aiming to progress discussions with commercial lenders over the coming months in conjunction with advancing the Development and Operations Agreement with Yuguang. Concurrently, Boab will undertake a competitive offtake tender process for 75% share of the Sorby Hills concentrate production.