Zeotech Limited announce that it has committed to the development and construction of a pilot plant and is undertaking an extensive test-work- program to further optimise the flowsheet of the Company's low-cost synthetic zeolite manufacturing technology to de-risk future commercial investment. Following the positive outcomes of extensive lab-scale work undertaken by researchers from UQ, since lodging a core provisional patent application in June 2019, for the manufacture (synthesis) of synthetic zeolites from kaolin or clay-based materials i.e., mine tailings or process residues, Zeotech has committed to undertake a comprehensive pilot plant program. The program will incorporate an artificial intelligence (machine learning) component to enhance understanding and application of piloting results, by building a comprehensive dataset and predictive capabilities. The pilot plant will provide Zeotech with increased confidence and certainty on the engineered flowsheet design and operational performance of the process circuit before committing to commercial zeolite production facilities. Zeotech's decision to proceed with the pilot plant is supported by continued positive lab-scale results delivered by research funded at UQ and based on the understanding that a well designed and constructed pilot plant is an integral component in the decision-making process required to determine critical economics and underpin future commercial plant strategy and financing. The pilot plant should also demonstrate the efficiency of Zeotech's novel and proprietary mineral processing technology and proficiency of the process design by producing very high-grade material on a continuous, customer sample scale, basis. The program's aim is to commission pilot plant in the December Quarter 2021. The University of Queensland's Associate Professor James Vaughan and Dr. Hong (Marco) Peng from the School of Chemical Engineering will provide technical support for the pilot plant program's studies. Pilot Plant Funding: As announced on 5 January 2021, the Company raised $1.7 million to support funding of the pilot plant program. It is important to note that as the pilot plant research program revolves around validating Zeotech's patent-pending technology, it is classified as Research and Development and accordingly it will be eligible for the Australian Government's R&D tax incentive scheme. Zeotech targeting Type A zeolites: The Company's novel and proprietary mineral processing technology provides potential access to the AUD 2.6 billion global Type A zeolite market, with a focus on high value molecular sieve zeolites, which achieve prices in excess of AUD 2,850 per tonne.