eMetals: Quarterly Activities Report to 31 December 2020

The Directors of eMetals Limited (ASX:EMT)(eMetals)(Company) are pleased submit the Quarterly Activities Report and Appendix 5B for the quarter ending 31 December 2020.

The Directors of eMetals Limited (ASX:EMT)(eMetals)(Company) are pleased submit the Quarterly Activities Report and Appendix 5B for the quarter ending 31 December 2020.

HIGHLIGHTS

• Rock chip samples have identified a further four priority targets for Rare Metals inclusive of the Panjshir Prospect where extreme results for Lithium, Rubidium, Caesium and Beryllium include 2.98% Li2O, 1.24% Rb2O, 0.155% Cs2O and 1.35% BeO.

• A new 3.4 kilometer long Ni-Cu-Co-PGE anomaly has been defined in soil sampling at the Mughal Prospect where soil sampling has returned significant results of up to 0.15% Ni, 240ppm Cu, 380ppm Co and 114ppb PGE’s approximately 5 kilometres west of (and in the same ultramafic sequence as) historical tenement intercepts of 8m @ 0.72% Ni, 0.13% Co and 26ppb PGE’s from 11m and 8m @ 1.0% Ni, 0.1% Co, 30ppb PGE’s from 26m1,2.

• Rock chip sampling at Poona has identified a large 23km long and 200-500m wide intrusion that contains highly anomalous nickel, copper, cobalt and platinum group elements 0.12% Ni, 277ppm Cu, 167ppm Co, 47 ppb Au + Pt + Pd.

• Significant tantalite potential identified at The Raj Prospect with results of up to 0.1% Ta2O5 in rock chips. In-fill sampling and drill planning completed.

• Application lodged for highly prospective Codra Creek exploration license which contains stream sediment anomalies of up to 0.16% La and >500ppm Ce2. Importantly the assay method used by the previous explorer had an upper detection limit of 500ppm Ce and no other REE’s were assayed so the true REE anomalism tenor and composition is unknown.

• A second auger program was completed at the Twin Hills Gold Project which has identified two additional target areas in addition to the target area identified from the phase one auger program completed in July this year.

• Subsequent to the end of the quarter RC drilling at Twin Hills commenced with results expected within the current quarter.

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Torian Resources Limited Significant Gold Results from Surface at Mt Stirling

Perth, Australia (ABN Newswire) – Torian Resources Ltd (ASX:TNR) is pleased to advise that recent drilling results continue to extend the Mt Stirling Gold System over ~1.1km of Strike, ~300m at depth, and it remains open in multiple directions.

Highlights:

– The interpreted strike of the Mt Stirling gold system exceeds 1.160km with Mt Stirling Main Zone; Hanging Wall and Viserion lodes all remaining open along strike and down-dip.

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eMetals Limited Updates Shareholders On Exploration – April 12, 2021

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HIGHLIGHTS

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Discovery Harbour Provides Newcrest’s Planned Program for Fortuity 89, Nevada

Discovery Harbour Resources Corp. (TSXV: DHR) (OTC Pink: DCHRF) (FSE: 4GW) (the “Company” or “Discovery Harbour”) is pleased to announce that Newcrest Resources Inc., a wholly owned subsidiary of Newcrest Mining Limited (“Newcrest”), has provided the details of its planned program for the Fortuity 89 epithermal gold property in Nevada.

The Fortuity 89 property covers very limited outcrop surrounded by a large covered area. The outcrop and interpreted geology are prospective for concealed low sulphidation epithermal gold mineralization below shallow unconsolidated alluvial gravels. Newcrest’s planned activities include a geophysical program encompassing a 675 line kilometre drone airborne magnetic survey, a 250 station ground gravity survey and a 45 line kilometre audio band magnetotellurics (AMT) resistivity survey. It is intended that geologic and alteration sampling and mapping will also be undertaken with a soil geochemical sampling program. The intended outcome of this program is to identify potential drill targets for testing this calendar year.

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Blackdome-Elizabeth Gold Project 2021 Exploration Plan and Update

Tempus Resources Ltd. (“Tempus” or “the Company”) (ASX:TMR)(TSXV:TMRR) is pleased to provide an update on the exploration plan for the upcoming field season at the Blackdome-Elizabeth Gold Project, located in British Columbia, Canada

The 2021 exploration program at Elizabeth and Blackdome is fully permitted and on schedule to commence at the end of Q2, 2021. The program will consist of 7,500 metres of down plunge and along strike diamond drilling at Elizabeth to expand the known gold mineralisation, in parallel with detailed alteration and mapping studies at Blackdome in support of future resource expansion drilling.

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Rio Tinto reaches agreement with Turquoise Hill Resources on financing plan for Oyu Tolgoi

Rio Tinto has entered into a binding Heads of Agreement (HoA) with Turquoise Hill Resources (TRQ) for an updated funding plan (the “Funding Plan”) for the completion of the Oyu Tolgoi (OT) Underground Project in Mongolia. The Funding Plan addresses the estimated remaining known funding requirement of approximately $2.3 billion 1 , building on and replacing the arrangements established in the Memorandum of Understanding that Rio Tinto and TRQ previously entered into on 9 September, 2020.

Under the HoA, subject to securing approval by OT LLC and any required support from the Government of Mongolia, and subject to timing, availability, and terms and conditions being acceptable to both parties, Rio Tinto and TRQ will:

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