Lord Resources Limited provided an update on exploration activities at the Horse Rocks, Jarama, Cambridge and Gabyon Projects. HORSE ROCKS LITHIUM PROJECT Lord announced the tenement granting process has advanced to the next stage, with the Company being notified that the Minister for Environment has provided the Minister for Mines and Petroleum with formal recommendations regarding consent for the tenement holder to access the Yallari Timber Reserve, subject to compliance with the Company's Conservation Management Plan (CMP). It is expected that the Minister for Mines and Petroleum will now recommend to the Department of Mines, Industry Regulation and Safety that it grant the tenement, subject to conditions, including compliance with the CMP.

Once the tenement has been granted, the Company has planned a comprehensive geochemical program to test for near-surface lithium anomalism. Located within the highly fertile Kalgoorlie Terrane, the Horse Rocks Lithium Project contains mapped pegmatites that are yet to be tested for lithium. The Mt Marion, Bald Hill and Dome North lithium deposits are all within 100km of the Horse Rocks project, in similar geological setting.

JARAMA GOLD PROJECT The inaugural drilling program for Lord has been successfully completed at the Jarama Project (E59/2501), in the Murchison Region of Western Australia. A total of 54 holes were drilled for 2,496m, testing for near surface mineralisation along the Banded Iron Formation (BIF) unit that runs through the tenement, and located 17km north of the recent Yidby discovery. The program was designed as aircore blade, however the lack of developed regolith gave a shallow blade refusal, and the program was pivoted to shallow RC (hammer).

Four lines of drilling, spaced 400m apart, were completed over the magnetic high unit, testing for gold anomalism. Samples were collected as composites and analysed for gold, with the end of hole sample submitted for multi-element analysis. Drillhole 22JRC008 retuned an anomalous result of 0.59g/t gold from the end of hole (35-36m).

This was within weakly sheared basalt with magnetite and biotite alteration and trace pyrite, near the contact with the BIF unit.