Tambourah Metals Ltd. announced the results of the gravity survey that was flown in October. Multiple airborne gravity anomalies, indicative of denser rocks which may host Ni-PGE-Cu mineralisation have been identified at both Bolgart East and Tolarno Projects. Ground EM survey designed to test the densest rocks for the presence of conductive mineralization are currently being refined.

Contractors to undertake the ground EM at Bolgart and Tolarno have been engaged, with this work anticipated to commence first quarter of 2022. Bolgart East and Tolarno Gravity Results: The airborne gravity survey results for Bolgart show the presence of seven Priority 1 gravity targets, and the airborne gravity results for Tolarno show the presence of five Priority 1 gravity targets. Julimar Nth Exploration: At Wongan Hills (WH Sth Project) geophysical assessment of the magnetic data has commenced.

TMB geophysical consultants will define magnetic targets from the publicly available data and determine areas that may be prospective for hosting Ni-PGE-Cu mineralisation. This information will be followed up with ground EM. Permitting to enable field work to be undertaken has commenced and is ongoing.

Tenements at Mogumber West and Bindoon which is located 12 and 20 km north east of the Chalice-Julimar Ni-PGE-Cu deposit have now been granted and ground reconnaissance and sampling has commenced. The TMB geophysical consultant will include these projects and review the prospectivity of these tenements for hosting ultramafic rocks which may host Ni-PGE-Cu mineralisation. Local Geology: The GSWA has remapped the south west Yilgarn district at a scale of 1:100 000.

This mapping highlights the presence of ultramafic rocks, prospective for hosting PGE-Ni-Cu mineralisation over significant portions of the TMB Julimar North tenure. TMB is currently compiling all available datasets.