Exploration Program Summary

LUX Exploration proposes the following exploration program outline over a 5-year term;

Year 1

• Outline prospective areas from Historic EPM reports.
• Establish landholder connections and communications.
• Reconnaissance exploration-stream sediment sampling and rock chip of outcrops.

Year 2

• Follow-up sampling-detailed stream sediment sampling, rock chips and soil sampling of ridgelines.
• Plan access to anomalous areas, drill planning and permitting.

Year 3

• Initial drilling (Diamond drilling for structure and RC Drilling for grade) of anomalous outcrop areas.
• First-pass geological modelling.
• Drill planning for follow-up drilling.
• Look into the use of geophysical techniques for finding blind deposits.
• Sterilise non-prospective areas within the application area.

Year 4

• First-pass resource definition drilling
• Increase knowledge into geological model.

Year 5

• Continued resource definition drilling
• Expand geological model