Marmota Extends Titanium Discovery Westward with 91-Hole Drill Program at Muckanippie

• Completed 91-hole aircore drilling totaling 3,272 meters targeting titanium-bearing heavy mineral sands
• Drilling program design modified mid-course to focus on western tenement areas with positive visual mineral indications
• Samples en route to Adelaide laboratory with initial titanium dioxide (TiO2) assay results anticipated in approximately four weeks
• Discovery holes previously returned bonanza heavy mineral grades over thick intervals from surface