Mulga Rock Project (VMY 100%)

• Australia's next greenfield uranium mine – production in 2025
• Only uranium project in WA to reach "substantial commencement"
• Production 3.5Mlbs per annum @US$26/lb (C1 costs)

Alligator River Project (VMY 100%)

• High-grade, unconformity uranium deposits
• Potential for large Tier 1 assets
• Infrerred Resource 26Mlbs @ 12,900ppm (1.3%) U₃O₈