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Eight days after its first 160Mt Indicated resource, Critica (ASX: CRI) put a A$2.0 billion post-tax NPV and a 48% IRR on its Jupiter rare earths project in WA. Jacob Deysel joins LEVRD to stress-test the Scoping Study: the price deck, recoveries, acid, funding and who actually buys the product. WHAT WE COVERED - The one-line case for Jupiter, and an 8Mtpa pit using only ~6% of a 1.7Bt resource - Upside outside the base case: higher recoveries, plus iron, gallium and scandium credits - The price deck: US$147/kg NdPr against ~US$95/kg ex-China spot, and the NPV at today's prices - Heavy rare earths and yttrium at ~46% of the basket, and 75% payability on a mixed carbonate - Funding: the A$264M production tax incentive, the 18-month PFS and the pilot plant - Mining a free-dig clay pit - Acid supply in a tight WA market, and the other reagents the circuit needs - Eneabba, Lynas, government-backed offtakes and the three milestones to watch in the next 12 months COMPANY Critica Limited (ASX: CRI) - https://critica.limited LEVRD Partners WA WATER BORES The best water drillers in Australia James Harrington - 0429 695 538 https://www.wawaterbores.com.au/ MINING SELECT Find a Mining job RIGHT NOW!! https://www.miningselect.com.au/ Download the app and start the hunt LEVRD Socials X ► https://x.com/mattmichaelOG Instagram ► https://www.instagram.com/levrdmatty/ Tiktok ► https://www.tiktok.com/@levrdmatty Facebook ► https://www.facebook.com/levrdtrading Linkedin ► https://www.linkedin.com/company/levrd/ This channel and all the audio/video content is prepared by Life of Mine Podcast Pty Ltd (trading as Levrd). Levrd is an Authorised Representative (AR 001318377) of 62 Consulting Pty Ltd (ABN 88 664 809 303), AFSL 548573. Any views are general in nature, or the opinion are of Levrd. The audio/video contents are not personal financial or tax advice, this means they do not consider your objectives, financial situation or needs. Do not follow my trades, they are for entertainment purposes only. CFDs are high risk; you can lose all capital rapidly. My past performance isn't reliable. I may be long/short in CFDs mentioned in the audio/video. FSG: https://levrd.live/pages/fsg This material is not an offer, invitation or recommendation to acquire or dispose of any financial product including CFDs or to adopt any strategy. While believed reliable, the information may be incomplete or change without notice, it is provided for entertainment purposes only. Except for liability under statute that cannot be excluded, no representation or warranty of accuracy or completeness is given. No guarantee of returns or capital protection is given by 62 Consulting, Levrd or their related parties.

AuKing Mining (ASX: AKN) has added Greenland to its Malawi rare earths story. MD Paul Williams returns to LEVRD with Exploration Manager Ian McBride to unpack the Qeqertaasaq niobium-rare earths earn-in, the deal terms, the uranium question and where the Tundulu maiden resource stands. WHAT WE COVERED - Why Greenland, why now, and what it adds alongside Tundulu - The US-Denmark-Greenland treaty and the Western supply chain pitch - Deal terms: exclusivity to 24 October, the 75% earn-in and the 10% set aside for introducers - Xploration Services as both vendor and field contractor - The niobium case: who buys, the Niobec comparison and near-surface mineralisation - Uranium and Greenland's 100ppm rule - Rare earths: the 4.5% TREO Discovery Vein and the Sarfartoq benchmark - Licence spend, the first field season and a drill-out for a maiden resource - Tundulu: consistent ~1.5% TREO intercepts and a maiden resource by Christmas COMPANY AuKing Mining Limited (ASX: AKN) - https://aukingmining.com LEVRD Partners WA WATER BORES The best water drillers in Australia James Harrington - 0429 695 538 https://www.wawaterbores.com.au/ MINING SELECT Find a Mining job RIGHT NOW!! https://www.miningselect.com.au/ Download the app and start the hunt LEVRD Socials X ► https://x.com/mattmichaelOG Instagram ► https://www.instagram.com/levrdmatty/ Tiktok ► https://www.tiktok.com/@levrdmatty Facebook ► https://www.facebook.com/levrdtrading Linkedin ► https://www.linkedin.com/company/levrd/ This channel and all video content is prepared by Life of Mine Podcast Pty Ltd (ACN 633 651 082), trading as LEVRD. LEVRD does not hold an Australian Financial Services Licence (AFSL) and operates under the media exemption in the Corporations Act 2001 (Cth). LEVRD does not provide financial advice. Any views are general in nature and are the opinions of LEVRD or the interviewee only. They do not consider your objectives, financial situation or needs. Always do your own research and seek advice from a licensed financial adviser before making any investment decision. Companies featured in LEVRD interviews may have paid LEVRD for that interview. This is disclosed in the relevant content. Interviewees’ views are their own and not necessarily those of LEVRD. While believed reliable, the information may be incomplete or change without notice. It is provided for information and entertainment purposes only. Except for liability under statute that cannot be excluded, no representation or warranty of accuracy or completeness is given. No guarantee of returns or capital protection is given by LEVRD or its related parties.

Power Minerals (ASX: PNN) has drilled its best hole yet at Morro do Ferro. MFSR-057 returned 111m @ 8.25% TREO from surface, including 51m @ 15.4%, with a peak sample of 40.5% TREO - the highest ever recorded on the project. Alistair Stephens is back with LEVRD to unpack the result, the assays still at the lab, the road to a maiden resource and why the share price hasn't followed the drill bit. WHAT WE COVERED - MFSR-057 and the 40.5% record sample, and whether it tops last week's MFSR-055 - Magnet rare earth grades against Lynas and MP Materials feed - How the high-grade zone carries between sections, and the hydrothermal model - New ground from the eucalyptus harvest and the southeast step-out holes - 13 holes at the lab, the bottom of MFSR-054 and whether the lab is the critical path - Is the Exploration Target now conservative, and could it double Monte Alto? - Why the market hasn't followed the drill bit, peer valuations and corporate interest COMPANY Power Minerals Limited (ASX: PNN) - https://powerminerals.com.au LEVRD Partners WA WATER BORES The best water drillers in Australia James Harrington - 0429 695 538 https://www.wawaterbores.com.au/ MINING SELECT Find a Mining job RIGHT NOW!! https://www.miningselect.com.au/ Download the app and start the hunt LEVRD Socials X ► https://x.com/mattmichaelOG Instagram ► https://www.instagram.com/levrdmatty/ Tiktok ► https://www.tiktok.com/@levrdmatty Facebook ► https://www.facebook.com/levrdtrading Linkedin ► https://www.linkedin.com/company/levrd/ This channel and all video content is prepared by Life of Mine Podcast Pty Ltd (ACN 633 651 082), trading as LEVRD. LEVRD does not hold an Australian Financial Services Licence (AFSL) and operates under the media exemption in the Corporations Act 2001 (Cth). LEVRD does not provide financial advice. Any views are general in nature and are the opinions of LEVRD or the interviewee only. They do not consider your objectives, financial situation or needs. Always do your own research and seek advice from a licensed financial adviser before making any investment decision. Companies featured in LEVRD interviews may have paid LEVRD for that interview. This is disclosed in the relevant content. Interviewees’ views are their own and not necessarily those of LEVRD. While believed reliable, the information may be incomplete or change without notice. It is provided for information and entertainment purposes only. Except for liability under statute that cannot be excluded, no representation or warranty of accuracy or completeness is given. No guarantee of returns or capital protection is given by LEVRD or its related parties.

In January, Ballard Mining (ASX: BM1) said it was fully funded to FID. Now it has raised A$45 million at 66c, plus an SPP, in what it calls a challenging market. MD Paul Brennan joins LEVRD to explain why now, the A$28 million village going up before FID, pits first at Mt Ida and the road to a mid-2027 decision. WHAT WE COVERED - Why raise now, and whether "fully funded to FID" still held before this raise - Raising at 66c into a weak market instead of waiting for the assays at the lab - Building the A$28M, 250-person village before deciding to build the mine - Does the village make Mt Ida worth more to a buyer, or Ballard less likely to need one? - Aurenne's mill next door and what consolidation around Leonora means for the endgame - Pits first: can the open pits carry the mill before the Baldock underground? - A$40M of drilling, the March-quarter resource update and a 10-year mine life - Who took stock, the last raise before FID and the one milestone to watch by Christmas LEVRD Partners WA WATER BORES The best water drillers in Australia James Harrington - 0429 695 538 https://www.wawaterbores.com.au/ MINING SELECT Find a Mining job RIGHT NOW!! https://www.miningselect.com.au/ Download the app and start the hunt LEVRD Socials X ► https://x.com/mattmichaelOG Instagram ► https://www.instagram.com/levrdmatty/ Tiktok ► https://www.tiktok.com/@levrdmatty Facebook ► https://www.facebook.com/levrdtrading Linkedin ► https://www.linkedin.com/company/levrd/ This channel and all video content is prepared by Life of Mine Podcast Pty Ltd (ACN 633 651 082), trading as LEVRD. LEVRD does not hold an Australian Financial Services Licence (AFSL) and operates under the media exemption in the Corporations Act 2001 (Cth). LEVRD does not provide financial advice. Any views are general in nature and are the opinions of LEVRD or the interviewee only. They do not consider your objectives, financial situation or needs. Always do your own research and seek advice from a licensed financial adviser before making any investment decision. Companies featured in LEVRD interviews may have paid LEVRD for that interview. This is disclosed in the relevant content. Interviewees’ views are their own and not necessarily those of LEVRD. While believed reliable, the information may be incomplete or change without notice. It is provided for information and entertainment purposes only. Except for liability under statute that cannot be excluded, no representation or warranty of accuracy or completeness is given. No guarantee of returns or capital protection is given by LEVRD or its related parties.

BOA Resources (ASX: BOA) has roughly doubled since MD Graeme Purcell last joined LEVRD. With 23 of 46 Ricci Lee holes now back, including 10m @ 3.60% Cu from 31m in today's results, he's back to talk shallow copper, a second lode, grade at depth and the timing of a maiden resource. WHAT WE COVERED - The re-rate from ~9c to a 19.5c high, and what the market sees in the last two batches - 20 of 23 holes in high-grade copper over 400m+ of strike: one lode or a string of pods? - Copper from surface, including 11m @ 3.2% from 1m, and the new hanging-wall lode - Hole 23 at depth, bornite, rising silver and which way the high grade plunges - 23 holes still at the lab, hole 21 and when the last assays land - Maiden resource timing, and whether it needs diamond drilling first - Aircore at Rooneys and Blockley, the 12 October meeting and Sandfire on the register - The hole that decides whether Ricci Lee is a company-maker, and the first rig move of 2027 LEVRD Partners WA WATER BORES The best water drillers in Australia James Harrington - 0429 695 538 https://www.wawaterbores.com.au/ MINING SELECT Find a Mining job RIGHT NOW!! https://www.miningselect.com.au/ Download the app and start the hunt LEVRD Socials X ► https://x.com/mattmichaelOG Instagram ► https://www.instagram.com/levrdmatty/ Tiktok ► https://www.tiktok.com/@levrdmatty Facebook ► https://www.facebook.com/levrdtrading Linkedin ► https://www.linkedin.com/company/levrd/ This channel and all the audio/video content is prepared by Life of Mine Podcast Pty Ltd (trading as Levrd). Levrd is an Authorised Representative (AR 001318377) of 62 Consulting Pty Ltd (ABN 88 664 809 303), AFSL 548573. Any views are general in nature, or the opinion are of Levrd. The audio/video contents are not personal financial or tax advice, this means they do not consider your objectives, financial situation or needs. Do not follow my trades, they are for entertainment purposes only. CFDs are high risk; you can lose all capital rapidly. My past performance isn't reliable. I may be long/short in CFDs mentioned in the audio/video. FSG: https://levrd.live/pages/fsg This material is not an offer, invitation or recommendation to acquire or dispose of any financial product including CFDs or to adopt any strategy. While believed reliable, the information may be incomplete or change without notice, it is provided for entertainment purposes only. Except for liability under statute that cannot be excluded, no representation or warranty of accuracy or completeness is given. No guarantee of returns or capital protection is given by 62 Consulting, Levrd or their related parties.

Thirteen days after PC Gold (ASX: PC2) Exec Chair & CEO Ash Pattison last spoke with LEVRD, the company raised A$75 million at A$1.05. He's back to explain what changed, the mine builders now on the board, new Link Zone and Southern Adit results at Spring Hill in the NT, and a packed news run into Christmas. WHAT WE COVERED - From A$28.5M in February to A$75M in August: what changed, and who joined the register - A$96.7M pro-forma cash and whether it gets Spring Hill to FID without another raise - Rick Clark and Matt Scully on the board: build it, or make it a must-buy for a major? - Link Zone drilling, including 29.65m @ 4.32g/t, and whether December's model moves the Link - The Southern Adit: 20.35m @ 13.04g/t in 1994 channel samples, and what drilling needs to prove - Going underground: adit approvals and the 20,000m Phase 1 underground program - Metallurgy, the Pine Creek photon lab, and what goes into the mid-November PFS - The RIVI royalty buyback, Terracore, and which pre-Christmas catalyst to circle LEVRD Partners WA WATER BORES The best water drillers in Australia James Harrington - 0429 695 538 https://www.wawaterbores.com.au/ MINING SELECT Find a Mining job RIGHT NOW!! https://www.miningselect.com.au/ Download the app and start the hunt LEVRD Socials X ► https://x.com/mattmichaelOG Instagram ► https://www.instagram.com/levrdmatty/ Tiktok ► https://www.tiktok.com/@levrdmatty Facebook ► https://www.facebook.com/levrdtrading Linkedin ► https://www.linkedin.com/company/levrd/ This channel and all the audio/video content is prepared by Life of Mine Podcast Pty Ltd (trading as Levrd). Levrd is an Authorised Representative (AR 001318377) of 62 Consulting Pty Ltd (ABN 88 664 809 303), AFSL 548573. Any views are general in nature, or the opinion are of Levrd. The audio/video contents are not personal financial or tax advice, this means they do not consider your objectives, financial situation or needs. Do not follow my trades, they are for entertainment purposes only. CFDs are high risk; you can lose all capital rapidly. My past performance isn't reliable. I may be long/short in CFDs mentioned in the audio/video. FSG: https://levrd.live/pages/fsg This material is not an offer, invitation or recommendation to acquire or dispose of any financial product including CFDs or to adopt any strategy. While believed reliable, the information may be incomplete or change without notice, it is provided for entertainment purposes only. Except for liability under statute that cannot be excluded, no representation or warranty of accuracy or completeness is given. No guarantee of returns or capital protection is given by 62 Consulting, Levrd or their related parties.

Great Boulder Resources (ASX: GBR) received an ASX speeding ticket last week, then came out of a trading halt with Side Well results that stretched Mulga Bill East to 1.5km. MD Andrew Paterson joins LEVRD to explain what moved the stock, the new chief mining engineer, the latest drilling at Side Well and Peak Hill, and the road to first gold. WHAT WE COVERED - The ASX speeding ticket, the newsletter promotion that they didn't ask for behind the run, and the trading halt - Continuous disclosure with up to six rigs running and assays always at the lab - The new chief mining engineer and going straight to a PFS at Peak Hill - Mulga Bill East: now 1.5km long, still open, with hits up to 2m @ 30.76g/t - Durack, Jubilee and Golden Treasure: higher grades than the old Peak Hill models - Peak Hill at today's gold price: old deposits repriced vs new discovery - What's in the lab, including visible-gold core, and the year-end resource update - The road to first gold, targeted for end-2027 LEVRD Partners WA WATER BORES The best water drillers in Australia James Harrington - 0429 695 538 https://www.wawaterbores.com.au/ MINING SELECT Find a Mining job RIGHT NOW!! https://www.miningselect.com.au/ Download the app and start the hunt LEVRD Socials X ► https://x.com/mattmichaelOG Instagram ► https://www.instagram.com/levrdmatty/ Tiktok ► https://www.tiktok.com/@levrdmatty Facebook ► https://www.facebook.com/levrdtrading Linkedin ► https://www.linkedin.com/company/levrd/ This channel and all the audio/video content is prepared by Life of Mine Podcast Pty Ltd (trading as Levrd). Levrd is an Authorised Representative (AR 001318377) of 62 Consulting Pty Ltd (ABN 88 664 809 303), AFSL 548573. Any views are general in nature, or the opinion are of Levrd. The audio/video contents are not personal financial or tax advice, this means they do not consider your objectives, financial situation or needs. Do not follow my trades, they are for entertainment purposes only. CFDs are high risk; you can lose all capital rapidly. My past performance isn't reliable. I may be long/short in CFDs mentioned in the audio/video. FSG: https://levrd.live/pages/fsg This material is not an offer, invitation or recommendation to acquire or dispose of any financial product including CFDs or to adopt any strategy. While believed reliable, the information may be incomplete or change without notice, it is provided for entertainment purposes only. Except for liability under statute that cannot be excluded, no representation or warranty of accuracy or completeness is given. No guarantee of returns or capital protection is given by 62 Consulting, Levrd or their related parties.

Aureka Ltd (ASX: AKA) came back to the ASX in December 2024 with 304,000 ounces in the Victorian goldfields. It now has 455,000 ounces and, once the High Grade Holdings deal completes, an operating high-grade mine and one of only six licensed gold mills in Victoria. Managing Director James Gurry and Chief Operating Officer Zane Smith join LEVRD to talk through why a toll-milling deal at Wedderburn turned into buying the whole company eight weeks later, the lean operation at Fiddlers Creek, Comstock's high-grade Walkers zone as mill feed, the million-ounce ambition at Irvine, the A$5.65 million placement and SPP at 12 cents, and the endgame for a company that has written a spin-out clause into its own deal. WHAT WE COVERED - How Aureka got here: the old Navarre portfolio relisted at 304,000oz, now 455,000oz, and why assets once valued at ~A$150M sit around A$19M today - From renting to owning: the July toll-milling agreement at Wedderburn, the High Grade Holdings acquisition eight weeks later, and why one of only six licensed gold mills in Victoria matters - Fiddlers Creek: a hand-held underground operation permitted 24/7 but running weekdays, the next step up in scale, the pending Mining Licence, the path to a JORC resource, and how much of the concentrate's value is silver, lead and zinc - Wedderburn: 42,000tpa nameplate at ~20% utilisation - Irvine: 398,000oz @ 2.59g/t, 16km from Stawell and targeting 1Moz+ - Consolidating Victoria: whether owning a mill makes Aureka the natural consolidator? - What's next: the EGM, completion, the Comstock JORC and Scoping Study update, a Fiddlers Creek resource, the Mining Licence and more Irvine assays LEVRD Partners WA WATER BORES The best water drillers in Australia James Harrington - 0429 695 538 https://www.wawaterbores.com.au/ MINING SELECT Find a Mining job RIGHT NOW!! https://www.miningselect.com.au/ Download the app and start the hunt LEVRD Socials X ► https://x.com/mattmichaelOG Instagram ► https://www.instagram.com/levrdmatty/ Tiktok ► https://www.tiktok.com/@levrdmatty Facebook ► https://www.facebook.com/levrdtrading Linkedin ► https://www.linkedin.com/company/levrd/ This channel and all the audio/video content is prepared by Life of Mine Podcast Pty Ltd (trading as Levrd). Levrd is an Authorised Representative (AR 001318377) of 62 Consulting Pty Ltd (ABN 88 664 809 303), AFSL 548573. Any views are general in nature, or the opinion are of Levrd. The audio/video contents are not personal financial or tax advice, this means they do not consider your objectives, financial situation or needs. Do not follow my trades, they are for entertainment purposes only. CFDs are high risk; you can lose all capital rapidly. My past performance isn't reliable. I may be long/short in CFDs mentioned in the audio/video. FSG: https://levrd.live/pages/fsg This material is not an offer, invitation or recommendation to acquire or dispose of any financial product including CFDs or to adopt any strategy. While believed reliable, the information may be incomplete or change without notice, it is provided for entertainment purposes only. Except for liability under statute that cannot be excluded, no representation or warranty of accuracy or completeness is given. No guarantee of returns or capital protection is given by 62 Consulting, Levrd or their related parties.

Gum Creek has produced over a million ounces of gold and has sat on care and maintenance since 2005. Horizon Gold (ASX: HRN) has now delivered a Definitive Feasibility Study with a A$894 million post-tax NPV. Managing Director and CEO Scott Williamson joins LEVRD to talk through what failed on the previous iterations, the 728,000oz maiden Ore Reserve, new drilling at Kingfisher, Howards and Heron South, the million-plus ounces sitting outside the mine plan, whether to build a plant or toll treat, and how Horizon funds a A$350 million build with Zeta holding 64.69%. WHAT WE COVERED - What Horizon can see at Gum Creek that Arimco, Abelle, Harmony and Legend couldn't, and whether there's upside to a 100kozpa mine from day one - The DFS: 880,000 recovered ounces over ten years through a 2.5Mtpa CIL plant, a A$894M post-tax NPV and a A$350M build - The maiden Ore Reserve: 728,000oz from a 2.30Moz resource and conversion from ongoing drilling - Kingfisher: 23m @ 5.26g/t incl. 15m @ 7.65g/t, how much bigger it gets than 71,000 reserve ounces, an underground restart (113,500oz @ 3.38g/t, 15m @ 28.5g/t from 346m), and whether the water plan locks it into years six to eight - Howards: gold in every hole over an 800m strike extension south, what that does to a 186,000oz reserve, and how much focus sub-1g/t, harder ore deserves - Heron South's 6m @ 12.67g/t (incl. 1m @ 58.7g/t) - free-milling or refractory? - and the undrilled southern half at Melbourne Bitter after 21m @ 2.14g/t - Over a million ounces outside the mine plan: 416,000oz of free-milling underground at 3.6g/t across Swan, Swift and Kingfisher, plus 698,000oz of sulphide including Wilsons (400,000oz @ 4.31g/t) - what gets in before FID, and what a refractory circuit adds - Cutting back old open pits, seven pit lakes holding ~7,600ML as the water supply, and why the dewatering sequence matters - Build or toll treat: the approved Mining Proposal, which pits go first, how much of the A$350M gets deferred, expanding to 3.0Mtpa, ~A$2,900/oz costs, and Brightstar's planned 4-5Mtpa Sandstone plant 90km south - Funding A$350M with A$24M cash, no debt and a ~A$199M market cap - The register: Zeta at 64.69%, L1 at 6.59%, a sub-30% free float, and whether Gum Creek gets built or taken out LEVRD Partners WA WATER BORES The best water drillers in Australia James Harrington - 0429 695 538 https://www.wawaterbores.com.au/ MINING SELECT Find a Mining job RIGHT NOW!! https://www.miningselect.com.au/ Download the app and start the hunt LEVRD Socials X ► https://x.com/mattmichaelOG Instagram ► https://www.instagram.com/levrdmatty/ Tiktok ► https://www.tiktok.com/@levrdmatty Facebook ► https://www.facebook.com/levrdtrading Linkedin ► https://www.linkedin.com/company/levrd/ This channel and all the audio/video content is prepared by Life of Mine Podcast Pty Ltd (trading as Levrd). Levrd is an Authorised Representative (AR 001318377) of 62 Consulting Pty Ltd (ABN 88 664 809 303), AFSL 548573. Any views are general in nature, or the opinion are of Levrd. The audio/video contents are not personal financial or tax advice, this means they do not consider your objectives, financial situation or needs. Do not follow my trades, they are for entertainment purposes only. CFDs are high risk; you can lose all capital rapidly. My past performance isn't reliable. I may be long/short in CFDs mentioned in the audio/video. FSG: https://levrd.live/pages/fsg This material is not an offer, invitation or recommendation to acquire or dispose of any financial product including CFDs or to adopt any strategy. While believed reliable, the information may be incomplete or change without notice, it is provided for entertainment purposes only. Except for liability under statute that cannot be excluded, no representation or warranty of accuracy or completeness is given. No guarantee of returns or capital protection is given by 62 Consulting, Levrd or their related parties.

Ballard Mining (ASX: BM1) guided the market to 1.5 million ounces at Mt Ida and delivered 1.84 million (20.4Mt @ 2.8g/t). Managing Director Paul Brennan joins LEVRD to break down the beat, the 40,000 samples still sitting at the lab, the pivot from chasing ounces to infill for an Ore Reserve, Baldock's unchanged 3.5g/t grade, the regional open pits, the cash runway to FID, and what Mt Ida looks like at spot gold. WHAT WE COVERED - The beat: guided 1.5Moz, delivered 1.84Moz - how much was drilling upside and how much was the model - 40,000 samples at the lab: how much of the next upgrade is already out of the ground, whether 2Moz is already there, and clearing the backlog before the 1 December cut-off - Extensions logged since 30 June with assays pending, and whether the March quarter update is a resource upgrade or the number that feeds the Ore Reserve - Pivoting metres to infill: 647,000oz Indicated - Baldock: +357,000oz with grade holding at 3.5g/t, and the depth and 1,500m of southern strike still open - The regional pits: 473,000oz at ~1.8g/t, all Inferred - standalone pits or blend feed alongside 3.4g/t underground ore - Keeping every rig, adding an air core rig for sterilisation drilling, and a 10-year mine plan vs chasing camp scale across 53 targets and 26km of greenstone - Aurenne's 2.5Mtpa mill 5km away and its near-10% stake (would it even be big enough?) - What shareholders should be watching between now and Christmas LEVRD Partners WA WATER BORES The best water drillers in Australia James Harrington - 0429 695 538 https://www.wawaterbores.com.au/ MINING SELECT Find a Mining job RIGHT NOW!! https://www.miningselect.com.au/ Download the app and start the hunt LEVRD Socials X ► https://x.com/mattmichaelOG Instagram ► https://www.instagram.com/levrdmatty/ Tiktok ► https://www.tiktok.com/@levrdmatty Facebook ► https://www.facebook.com/levrdtrading Linkedin ► https://www.linkedin.com/company/levrd/ This channel and all the audio/video content is prepared by Life of Mine Podcast Pty Ltd (trading as Levrd). Levrd is an Authorised Representative (AR 001318377) of 62 Consulting Pty Ltd (ABN 88 664 809 303), AFSL 548573. Any views are general in nature, or the opinion are of Levrd. The audio/video contents are not personal financial or tax advice, this means they do not consider your objectives, financial situation or needs. Do not follow my trades, they are for entertainment purposes only. CFDs are high risk; you can lose all capital rapidly. My past performance isn't reliable. I may be long/short in CFDs mentioned in the audio/video. FSG: https://levrd.live/pages/fsg This material is not an offer, invitation or recommendation to acquire or dispose of any financial product including CFDs or to adopt any strategy. While believed reliable, the information may be incomplete or change without notice, it is provided for entertainment purposes only. Except for liability under statute that cannot be excluded, no representation or warranty of accuracy or completeness is given. No guarantee of returns or capital protection is given by 62 Consulting, Levrd or their related parties.

BOA Resources (ASX: BOA) has hit copper in all six holes reported so far from its maiden drill program at Ricci Lee, including 14m at 2.49% Cu with 7m at 4.6%, and 40 RC holes are still at the lab. Graeme Purcell joins LEVRD to talk about why a 5,500m program became 7,364m across 46 holes, what the first results prove, the path to a resource, cash, and the Thaduna and Green Dragon deal that brings Sandfire and IGO onto the register. WHAT WE COVERED - Why the maiden Ricci Lee program went from a planned 5,500m to 7,364m over 46 holes - The first six holes: 14m @ 2.49% Cu, 15m @ 2.25% Cu and what they prove about the structure - Bornite, higher grades nearer surface and the link to Thaduna - Grade to the north, depth from hole 6 and how it compares with historic hole THC035 - True widths when drilling at minus 60 into a steep NNW fault, plus silver up to 11.8g/t - The 40 pending holes: which to watch, the deep holes past 290m and the northern infill - Timing for a maiden Ricci Lee resource - 92 aircore holes across Rooneys, Blockley, Mueller, Ward and Limestone Bore, and what a win looks like - Rooneys RC deferred: a vote for Ricci Lee or a vote against Rooneys - The balance sheet after 13,086m of drilling, and the funding plan from here LEVRD Partners WA WATER BORES The best water drillers in Australia James Harrington - 0429 695 538 https://www.wawaterbores.com.au/ MINING SELECT Find a Mining job RIGHT NOW!! https://www.miningselect.com.au/ Download the app and start the hunt LEVRD Socials X ► https://x.com/mattmichaelOG Instagram ► https://www.instagram.com/levrdmatty/ Tiktok ► https://www.tiktok.com/@levrdmatty Facebook ► https://www.facebook.com/levrdtrading Linkedin ► https://www.linkedin.com/company/levrd/ This channel and all the audio/video content is prepared by Life of Mine Podcast Pty Ltd (trading as Levrd). Levrd is an Authorised Representative (AR 001318377) of 62 Consulting Pty Ltd (ABN 88 664 809 303), AFSL 548573. Any views are general in nature, or the opinion are of Levrd. The audio/video contents are not personal financial or tax advice, this means they do not consider your objectives, financial situation or needs. Do not follow my trades, they are for entertainment purposes only. CFDs are high risk; you can lose all capital rapidly. My past performance isn't reliable. I may be long/short in CFDs mentioned in the audio/video. FSG: https://levrd.live/pages/fsg This material is not an offer, invitation or recommendation to acquire or dispose of any financial product including CFDs or to adopt any strategy. While believed reliable, the information may be incomplete or change without notice, it is provided for entertainment purposes only. Except for liability under statute that cannot be excluded, no representation or warranty of accuracy or completeness is given. No guarantee of returns or capital protection is given by 62 Consulting, Levrd or their related parties.

Sunshine Metals (ASX: SHN) has just released its updated Liontown gold study, and Managing Director Damien Keys joins LEVRD to unpack it: $179.8 million of net operating cashflow, AISC of $2,579/oz and a maximum cash drawdown of just $5.5 million. We cover the Mt Moss plant build, the 220km haul, the funding, the base-metal upside and the hunt for a second Pajingo at Sybil. WHAT WE COVERED - The updated Liontown study: what changed since February, and is it a better project or just a bigger one - Payback of ~4 months, $56M life-of-mine capital and why the funding need is only $5.5M - Open pit stages, the underground sequence and converting Inferred ounces in years 5 and 6 - Silver recovery at 69.4% and the upside in the historic voids and the Gap Zone - Mt Moss four months on: owned, camp open, magnetite plant stripped out - The ~$28.5-30M refurb, long-lead gold room and elution orders, and the Oct-Nov construction start - Permits outstanding: MLA100290, the EA amendment, Native Title, ERC and PRCP - The balance sheet: $20.6M cash - Mt Moss copper-zinc skarn and a possible polymetallic story with Liontown base metals - Sybil: six buried intrusions, Pancho, Francis Creek East and the A Vein - First ore to the Mt Moss ROM pad LEVRD Partners WA WATER BORES The best water drillers in Australia James Harrington - 0429 695 538 https://www.wawaterbores.com.au/ MINING SELECT Find a Mining job RIGHT NOW!! https://www.miningselect.com.au/ Download the app and start the hunt LEVRD Socials X ► https://x.com/mattmichaelOG Instagram ► https://www.instagram.com/levrdmatty/ Tiktok ► https://www.tiktok.com/@levrdmatty Facebook ► https://www.facebook.com/levrdtrading Linkedin ► https://www.linkedin.com/company/levrd/ This channel and all the audio/video content is prepared by Life of Mine Podcast Pty Ltd (trading as Levrd). Levrd is an Authorised Representative (AR 001318377) of 62 Consulting Pty Ltd (ABN 88 664 809 303), AFSL 548573. Any views are general in nature, or the opinion are of Levrd. The audio/video contents are not personal financial or tax advice, this means they do not consider your objectives, financial situation or needs. Do not follow my trades, they are for entertainment purposes only. CFDs are high risk; you can lose all capital rapidly. My past performance isn't reliable. I may be long/short in CFDs mentioned in the audio/video. FSG: https://levrd.live/pages/fsg This material is not an offer, invitation or recommendation to acquire or dispose of any financial product including CFDs or to adopt any strategy. While believed reliable, the information may be incomplete or change without notice, it is provided for entertainment purposes only. Except for liability under statute that cannot be excluded, no representation or warranty of accuracy or completeness is given. No guarantee of returns or capital protection is given by 62 Consulting, Levrd or their related parties.

AuKing Mining (ASX: AKN) has spent five months turning itself into a Malawi rare earths company. Managing Director Paul Williams joins LEVRD to go through the first assays from Tundulu, the six projects bought from Tusker Minerals, how the basket stacks up against Lindian's Kangankunde and Mkango's Songwe Hill, and how a company with A$1.33 million in the bank funds a maiden resource. WHAT WE COVERED - Five months, six projects — what AuKing is turning into - The Tusker Minerals relationship and how the Malawi deals came together - A$2.15M of deferred cash owed to Tusker — when it falls due and where it comes from - The 30 September GEL long-stop and ASX Chapter 11 re-compliance - First assays: 91m @ 1.51% TREO from 40m, including 15m @ 3.40% - Three holes down, 28 to go — the read-through to the rest - 26NH014 and the southern magnetic low step-out - NdPr at ~14% of the basket against Kangankunde's 20.3% - The heavies: 8m @ 16.09% HREE+Y/TREO, 42m @ 11.46% - Where Tundulu's thick-and-moderate holes really sit - More heavies for less NdPr — is that the trade on offer? - Maiden MRE before the end of the year — still live? - Songwe Hill at 38.1Mt @ 1.15% — the closer comparator? - The newly approved 1,000m hole and what it's chasing - Whether historical drilling goes into the maiden resource - Karonga, and the copper spin-off on the table - GBA Capital's A$9.14M option underwrite at 3c, with the stock at 1.5c - The termination triggers and the 11.8% fall on 10 September - Which catalyst actually moves the stock LEVRD Partners WA WATER BORES The best water drillers in Australia James Harrington - 0429 695 538 https://www.wawaterbores.com.au/ MINING SELECT Find a Mining job RIGHT NOW!! https://www.miningselect.com.au/ Download the app and start the hunt LEVRD Socials X ► https://x.com/mattmichaelOG Instagram ► https://www.instagram.com/levrdmatty/ Tiktok ► https://www.tiktok.com/@levrdmatty Facebook ► https://www.facebook.com/levrdtrading Linkedin ► https://www.linkedin.com/company/levrd/ This channel and all the audio/video content is prepared by Life of Mine Podcast Pty Ltd (trading as Levrd). Levrd is an Authorised Representative (AR 001318377) of 62 Consulting Pty Ltd (ABN 88 664 809 303), AFSL 548573. Any views are general in nature, or the opinion are of Levrd. The audio/video contents are not personal financial or tax advice, this means they do not consider your objectives, financial situation or needs. Do not follow my trades, they are for entertainment purposes only. CFDs are high risk; you can lose all capital rapidly. My past performance isn't reliable. I may be long/short in CFDs mentioned in the audio/video. FSG: https://levrd.live/pages/fsg This material is not an offer, invitation or recommendation to acquire or dispose of any financial product including CFDs or to adopt any strategy. While believed reliable, the information may be incomplete or change without notice, it is provided for entertainment purposes only. Except for liability under statute that cannot be excluded, no representation or warranty of accuracy or completeness is given. No guarantee of returns or capital protection is given by 62 Consulting, Levrd or their related parties.

Auric Mining (ASX: AWJ) has mined gold, made money, and done it twice. Managing Director Mark English joins LEVRD to talk through the A$38 million pulled out of Jeffreys Find and Munda, the Union Jack acquisition that just lifted group inventory 51% to 301,000 ounces, the hire of former Black Cat Syndicate boss Gareth Solly, and the A$137 million plan to build Auric its own mill at Burbanks. WHAT WE COVERED - What Auric is today after two completed, profitable campaigns - "WA's next fully integrated mining house" — what it actually means - How much of the A$38M is campaign cash, not raised cash - Union Jack: 102,000oz at 1.02g/t, and why now - The deal terms — A$6.5M cash, 12.5M shares, A$7M milestones, 1% royalty - An all-Inferred resource, and the plan to drill it out - Depth at Union Jack: 16m @ 4.34g/t from 184m - Gareth Solly's mandate, and how he and Mark split the wheel - Munda Starter Pit: 8,886oz against a 6,100oz budget - Grade reconciled 2.46g/t vs 1.80g/t — what the model missed - Recovery 89.5% vs 83% budgeted — ore or mill? - How a permitted mill site sold for A$4.4M - New 600ktpa CIL plant, not a refurb — where the A$137M goes - Approvals status and the early-2027 construction trigger - Scoping Study: 141,000oz over 56 months, A$2,843/oz AISC - Funding the build: more M&A, royalties and streams vs equity - Lindsay's, the Wardens' Court, and whether Union Jack replaces it - Spargoville, 10km from Wattle Dam LEVRD Partners WA WATER BORES The best water drillers in Australia James Harrington - 0429 695 538 https://www.wawaterbores.com.au/ MINING SELECT Find a Mining job RIGHT NOW!! https://www.miningselect.com.au/ Download the app and start the hunt LEVRD Socials X ► https://x.com/mattmichaelOG Instagram ► https://www.instagram.com/levrdmatty/ Tiktok ► https://www.tiktok.com/@levrdmatty Facebook ► https://www.facebook.com/levrdtrading Linkedin ► https://www.linkedin.com/company/levrd/ This channel and all the audio/video content is prepared by Life of Mine Podcast Pty Ltd (trading as Levrd). Levrd is an Authorised Representative (AR 001318377) of 62 Consulting Pty Ltd (ABN 88 664 809 303), AFSL 548573. Any views are general in nature, or the opinion are of Levrd. The audio/video contents are not personal financial or tax advice, this means they do not consider your objectives, financial situation or needs. Do not follow my trades, they are for entertainment purposes only. CFDs are high risk; you can lose all capital rapidly. My past performance isn't reliable. I may be long/short in CFDs mentioned in the audio/video. FSG: https://levrd.live/pages/fsg This material is not an offer, invitation or recommendation to acquire or dispose of any financial product including CFDs or to adopt any strategy. While believed reliable, the information may be incomplete or change without notice, it is provided for entertainment purposes only. Except for liability under statute that cannot be excluded, no representation or warranty of accuracy or completeness is given. No guarantee of returns or capital protection is given by 62 Consulting, Levrd or their related parties.

Critica Limited (ASX: CRI) CEO Jacob Deysel joins LEVRD to unpack one of the more unusual critical minerals stories on the ASX — a single company carrying rare earths, yttrium, gallium, tin and tungsten across two Australian projects. WHAT WE COVER - The five-commodity basket - Which of the five Critica sees the most future demand for, and why - China's chokehold: ~98% gallium, ~85%+ rare earth processing, ~80%+ tungsten, ~35%+ refined tin — which one the West is furthest from solving - China's October 2025 export-control package, the 0.1% extraterritorial de minimis rule, and the two lapse dates inside the next ten weeks - Jupiter Discovery to 97% TREO oxide in 23 months - 1.8Bt @ ~1,700ppm TREO, 100% Inferred — the 145-hole infill program and when the updated SRK resource lands - The grade-tonnage curve: 1.8Bt @ 1,700ppm at a 1,000ppm cut-off vs 500Mt @ 2,200ppm at 1,800ppm — can you selectively mine it? - The 14x upgrade to 3% TREO - Gallium: nobody produces it commercially from a rare earth clay flowsheet — what work has been done - A 58% TREO carbonate and a 97% TREO oxide (25.9% magnet oxides, 2.7% yttrium, 0.66% Dy, 0.25% Tb) — who actually buys these baskets - Mt Lindsay Underground Tin/Tungsten project with a conveyor through an existing disturbed quarry, and what that means for permitting - Renison Bell at 1.48% tin vs Mt Lindsay at 0.2-0.4% — how much the tungsten changes the equation - The honest Australian advantage: permitting, geology, or allied government balance sheets - The April 2026 US-Australia Critical Minerals Framework A$5Bn tranche — Critica wasn't on the list. What gets you on it? - What it actually takes to get a US, Japanese or Korean strategic investor interested at a A$61M market cap LEVRD Partners WA WATER BORES The best water drillers in Australia James Harrington - 0429 695 538 https://www.wawaterbores.com.au/ MINING SELECT Find a Mining job RIGHT NOW!! https://www.miningselect.com.au/ Download the app and start the hunt LEVRD Socials X ► https://x.com/mattmichaelOG Instagram ► https://www.instagram.com/levrdmatty/ Tiktok ► https://www.tiktok.com/@levrdmatty Facebook ► https://www.facebook.com/levrdtrading Linkedin ► https://www.linkedin.com/company/levrd/ This channel and all the audio/video content is prepared by Life of Mine Podcast Pty Ltd (trading as Levrd). Levrd is an Authorised Representative (AR 001318377) of 62 Consulting Pty Ltd (ABN 88 664 809 303), AFSL 548573. Any views are general in nature, or the opinion are of Levrd. The audio/video contents are not personal financial or tax advice, this means they do not consider your objectives, financial situation or needs. Do not follow my trades, they are for entertainment purposes only. CFDs are high risk; you can lose all capital rapidly. My past performance isn't reliable. I may be long/short in CFDs mentioned in the audio/video. FSG: https://levrd.live/pages/fsg This material is not an offer, invitation or recommendation to acquire or dispose of any financial product including CFDs or to adopt any strategy. While believed reliable, the information may be incomplete or change without notice, it is provided for entertainment purposes only. Except for liability under statute that cannot be excluded, no representation or warranty of accuracy or completeness is given. No guarantee of returns or capital protection is given by 62 Consulting, Levrd or their related parties.