ULTRACHAR Stock Australian S.E.

Suvo Strategic Minerals Limited is an Australian hydrous kaolin producer and exploration company. The Company is focused on production at, and expansion of, their 100% owned Pittong hydrous kaolin operation located 40 kilometers (km) west of Ballarat in Victoria. Its exploration is focused on near-term kaolin and high purity silica assets with 100% owned Gabbin (kaolin), Eneabba and Muchea (silica sands) projects located in Western Australia. Its Pittong operation comprises the Pittong, Trawalla and Lal Lal deposits located on approved mining licenses (MIN5408, MIN5365 and MIN5409). The Gabbin (kaolin) Project area comprises four granted exploration licenses (E70/5039, E70/5332, E70/5333, E70/5517) for 413 square kilometers (km2), centered around the town and rail siding of Gabbin. The main rock types at Gabbin are Archaean granite, gneiss and migmatite. The Eneabba Silica Sands Project comprises four granted exploration licenses (E70/5001, E70/5322, E70/5323, E70/5324) for 169 km2.