IGO Limited completed the following exploration activities within the IGO Limited - Boadicea. Fieldwork during Third Quarter Calendar Year 2021 was mainly focused on E28/1932 (Symons Hill) and E28/2937 (South Plumridge). Symons hills (E28/1932): As announced (20/8/21), assays for the previous 809m diamond drill (DD) hole 21AFDD104, targeting the Orion intrusion, demonstrate the intrusion is fertile for magmatic nickel-copper sulphides, providing confidence for further exploration work, particularly as the DD hole is interpreted to have only skimmed the NW margin of this intrusive. During the last quarter, the focus has been on consolidating all the historic data with recent drilling (air-core and diamond) and MLEM survey data. Below is a summary of activity completed during the last quarter, which has resulted in the identification of new targets, in addition to Orion which is interpreted to extend within the tenement: Relogging and sampling of the Bell Ringer DD holes 18BRDD001, 18BRDD002, 18BRDD003 and Red Cap DD hole BSHD001. Kalgoorlie GSWA core library viewing and re-logging of the EIS co-funded Red Cap diamond drill hole BSHD002. Reviewing of the assay data received for the remaining air core holes and diamond drilling at Orion. Completion of hydrogeological air core drilling and preliminary groundwater reservoir study. Data acquisition from the remaining 164 MLEM stations over the Orion prospect which was commenced in the last quarter of fiscal year 2021. More detailed work in understanding the structural architecture and technical assessment of known intrusions which include Orion (a significant target), Elara, Arcturus and Hercules, is needed to help target several search spaces that remain on E28/1932. Recent Exploration Results: All assay data from the E28/1932 aircore drilling completed in Second Quarter CY2021 has been returned, with significant intercepts and interpretation reported to Boadicea leading to the ASX announcement titled Orion Exploration Update, Fraser Range August 20, 2021. Several mafic trends were identified associated with significant Ni-Cu-Co results reported in the same announcement. The Low-Temperature SQUID (LTS) MLEM program completed on E28/1932 was targeting a prospective corridor along strike from known mafic intrusions. Data was being quality controlled and monitored by the IGO geophysics team and identified a NE-trending stratigraphic conductor as well as highlighting the previously identified Red Cap conductor. Bell Ringer and Red Cap Targets: Relogging of (BOA drilled) historic holes at Bell Ringer and Red Cap within the Symons Hill licence provided new interpretation of intrusives requiring additional exploration. Relogging and sampling of the three Bell Ringer DD holes (18BRDD001, 18BRDD002 and 18BRDD003) 1 revealed host rocks that are a key ingredient in allowing prospective intrusions to become sulphur saturated and for Ni-Cu accumulation, with further follow-up work to include structural domain mapping. The Red Cap holes intersected sulphur rich country rocks and sulphide rich mafic intrusions. The Red Cap holes2 fall within the Arcturus mafic trend identified through air-core interpretation, which has been flagged for follow-up work. Relogging has identified previously unidentified mafics in BOA drill hole BSHD001, which is very encouraging and confirms the importance of the re-logging programs. The presence of a sulphide rich mafic intrusion with carbonate assimilation warrants further investigation through diamond drilling. Future work will focus on following the strike extension of the known intrusion, to determine the intrusion architecture and search for potential structural trap sites able to accumulate massive sulphide deposits. Symons Hill Summary: More detailed work in understanding the structural architecture and technical assessment of known intrusions which include Orion (a significant target), Elara, Arcturus and Hercules, is needed to help target several search spaces that remain on E28/1932.