Panoramic Resources Limited provided an update on operational activities currently underway at the Savannah Nickel Project to support the target of first nickel-copper-cobalt concentrate shipment in December 2021. Underground mining has continued to progress well throughout August with momentum maintained since mining commenced in early July 2021. All activities have been carried out safely by underground mining contractor Barminco, with operating and financial performance achieving planned targets. During July and August, the focus was on maintaining one Jumbo, one long hole rig and four trucks, with a fifth truck expected to arrive in September to complement the current fleet. Pleasingly production from Savannah stopes have progressed to plan with single stope blasts of 30,000t being carried out with no technical difficulties. Dilution to date in the stopes has been minimal and development drive dilution is currently sitting at 10% which is better than budget with several improvement projects underway to further minimise dilution. The grades mined to date are in line with expectations based on preliminary sampling with final grade reconciliation to be available once the processing plant has been commissioned and concentrate produced. A mobilisation crew from processing plant contractor Primero has been on site since the middle of August to carry out familarisation and preparatory work in anticipation of processing commencing in November. All maintenance works carried out on the plant to date are ahead of schedule and within budgeted costs. Primero is well progressed in securing the necessary workforce to commence operations on time. Following a competitive tender process, a three-year concentrate haulage contract has been awarded to Cambridge Gulf Limited ("CGL"). CGL will be responsible for haulage services, including the loading of concentrate into trailers on site, road transport to Wyndham and discharge of concentrate into the Wyndham Shed. In addition to concentrate haulage, CGL has also been awarded a three year fuel supply contact following a competitive tender and continue to be the preferred supplier of stevedoring services at the Port of Wyndham when concentrate shipments resume. CGL is a local contractor based in Kununurra and Wyndham which has previously worked at Savannah and employs a local workforce with no reliance on FIFO workers. The first grade control drill program at Savannah North was undertaken from the 1381 footwall drive to facilitate final stope designs for the 1381 production level which is scheduled to begin stope production in late October. The grade control drill program, which was completed during August, involved 20 drill holes for a total of 912 drill metres with 597 samples collected and submitted for assay. Results from the program have now been received and are summarised in Table 1 (Appendix 1). The position of the grade control holes relative to the 1381 level, existing drill hole pierce points and preliminary life of mine (LOM) stope areas is shown in Figure 1. Appropriate JORC 2012 compliance tables. The 1381 grade control drill results confirm the strong and continuous nature of the Savannah North mineralisation in this area of the mine. Historic Resource Definition drilling angles (from the 1570 stockpile drill drive at Savannah) were not optimal, however the grade control drilling completed from the 1381 footwall drives were drilled from an ideal position and resulted in good drill angles and better intercepts. The results augur well for the future 1341, 1361 and 1401 grade control drill programs that will be implemented once footwall access is completed on these levels in the coming months. Stoping in Savannah North is planned for late October and given the current results from the grade control program, final mine designs of the production stopes for the 1381 level can continue with high confidence.