BATTERY METALS DEVELOPMENT AND EXPLORATION ASSETS

Flagship Lainejaur historical nickel mine located within a 41.2 km2 tenement

• High-grade, nickel dominant, polymetallic massive sulphide resource with considerable upside

• JORC 2012 compliant Mineral Resource Estimate of 460,000t @ 2.2% Ni, 0.7% Cu, 0.15% Co, 0.68g/t Pd, 0.2g/t Pt and 0.65g/ Au (3.4%NiEq)

Five Northern Nickel Line Projects - 340.7km2 total footprint. The Vuostok project is the closest Northern Line project to Lainejaur being 60km by road

WITH DIRECT ACCESS TO EUROPEAN UNION END USERS

The Bayrock projects are favourably located relative to Scandinavian refiners, smelters and Baltic sea shipping routes.