Tyranna Resources Ltd. advised the maiden drilling program on the Muvero Prospect in the Namibe Lithium Project has been completed and is an important achievement for the following reasons: It has confirmed that lithium mineralisation is present below the surface; The geological knowledge gained provides the basis for an optimised follow-up drilling program in 2023; The associated access improvements and site-works mean that follow-up drilling in 2023 is easier to achieve; The operational experience will lead to greater efficiency in all Angolan exploration activities in 2023. In addition, investigation of solutions to the water supply problems has led to strategies to ensure that water supply will not be a problem in 2023. These strategies include: Further roadworks to ease water transport into the project area; Establishing a camp within the project which will include a large water supply depot; Utilising Reverse Circulation percussion (RC) drilling, which has a low water requirement; As part of the exploration drilling campaign in 2023, undertaking hydrology studies to assess the potential aquifers near the proposed camp site to provide water directly via water bores.

Additional details will be provided in updates next year when field activities recommence.