Sarytogan Graphite Limited reported significant extensions to the mineralisation at the Sarytogan Graphite Deposit in Central Kazakhstan. The 2022 drilling program is now complete with 46 HQ3 diamond drill holes drilled for
3044.6m. Thick high-grade graphite mineralisation has now been intercepted beyond the 209Mt @ 28.5% Total Graphitic Carbon (TGC) Inferred Mineral Resource: 1000m south-west of the Northern Graphite Zone (NGZ), 800m south-east of the NGZ, 150m north of the NGZ and 300m north of the Central Graphite Zone (CGZ). One final batch of drilling results are expected from the CGZ in January 2023. Further optimisation of the already exceptional early metallurgical results where purity of 99.87% TGC was achieved2 is continuing at labs in Australia and Germany. A Mineral Resource upgrade, targeting the Indicated classification, is on track for First Quarter 2023 to then inform the commencement of economic studies.