Quarterly Activities/Appendix 5B Cash Flow Report

• WO3 production for the quarter was a record 26,175 MTUs, an increase of more than 51% QoQ, and making Group 6 Metals a significant global tungsten concentrate producer. • Processing plant performance continues to respond positively to improvement investments with 70,004 tonnes of ore processed in the quarter. • Preparations for the transition to underground mining continue with development works