Main operating plan for and management of surface exploration within the Lithium Zinnwald project

The purpose of the exploration operating plan for the Lithium Zinnwald "surface drilling" project is the technical exploration of the Zinnwald lithium (tin-tungsten) deposit with a total of 15 core drillings with a total core length of approx. 4,500 metres.

The exploration of minable mineral resources is based on a mining licence for commercial purposes in accordance with Section 7 of the German Federal Mining Act. All technical work required for the exploration of raw materials above and below ground is subject to the operating plan obligation. This requires project-specific main and special operating plans, which must be authorised by the responsible mining authority under mining law. Compliance with the ancillary provisions issued by the mining authority must be monitored and documented.

The exploration work was planned by G.E.O.S. until ready for approval, put out to tender on behalf of the client and monitored on site to ensure that it was carried out in accordance with the authorisation. The results were documented and integrated into a resource report in accordance with the PERC standard (Compliance and Guidance Standards proposed by Pan-European Reserves and Resources Committee).

Services

• Preparation of the exploration operating plan
• Preparation of licence applications in accordance with heritage protection law
• Coordination of all parties involved
• Clarification of property issues (obtaining licences)
• Preparation and participation in the awarding of drilling contracts
• Construction supervision (drilling supervision)
• Documentation and reporting (PERC-Report)