Tyranna Resources Ltd. informed investors that a drilling contract has been awarded to Geoangol, a drilling contractor in Angola. The drilling program will focus on site 21n, where previous rock chip sampling has identified the presence of high grade spodumene as announced on 22 August 2022. This site will be referred to as the Muvero Prospect and is named after the Muvero River, which is nearest named feature within the project area.

A summary of the drilling program is outlined as follows: > Diamond drilling (HQ and NQ) > 6 drill-holes with total planned meters = 1,100m > Planned start; early October 2022, expected completion; end of November 2022 > Likely receipt of results; late December 2022 to February 2023 Drilling has been planned to provide critical information that will enable optimised follow-up drilling and for these initial results to be incorporated in a subsequent resource drill-out. The abundant pegmatites have eroded, resulting in pale rubbly soil covering the hilltop, making it quite distinct from the surrounding hills. The pegmatites of the Muvero Prospect are members of the LCT pegmatite family, with lithium minerals confirmed in at least four of the pegmatites, however, it is possible that spodumene is present, but not yet recognised, in all of them.

The confirmed lithium-bearing pegmatites are all LCT Complex spodumene pegmatites and are zoned, including zones comprised of very coarse-grained giant spodumene crystals, along with zones in which the spodumene is much finer-grained, quite difficult to recognise and easily obscured by soil and rubble on the hillside. The main advantage of LCT Albite-spodumene pegmatites is that they are reasonably uniformly mineralised which makes it easier to determine their mineral content and to mine them. In contrast, LCT Complex-spodumene pegmatites can be more difficult to investigate (because they are more complex) but tend to contain zones of high grade and high purity spodumene capable of producing the value spodumene concentrate.

Although the Muvero prospect is comprised of well-zoned LCT Complex-spodumene pegmatites and the spodumene pegmatites at sites 19b and 21l are similar, it is possible that, along with additional LCT Complex- spodumene pegmatites, there may be LCT Albite-spodumene pegmatites present within the unexplored parts of the Namibe Lithium Project.