EQ Resources Limited Annual Report 2022

Tenement Schedule Table 9: Details of mining tenements held by the Company and its controlled entities: State Ownership Area Status Interest Held at Year End Expiry Date Queensland, Australia ML 4867 Mt Carbine Quarries Pty Ltd (wholly owned subsidiary of the Company) 358.5 ha Granted 100% 31/07/2022 1) ML 4919 Mt Carbine Quarries Pty Ltd (wholly owned subsidiary of the Company) 7.891 ha Granted 100% 31/08/2023 EPM 14871 EQ Resources Limited 10 sub-blocks Granted 100% 12/12/2025 EPM 14872 EQ Resources Limited 21 sub-blocks Granted 100% 11/12/2025 EPM 27394 EQ Resources Limited 4 sub-blocks Granted 100% 01/06/2025 New South Wales, Australia EL 6648 EQ Resources Limited 4 Units Granted 100% 19/10/2026 2) EL 8024 EQ Resources Limited 19 Units Granted 100% 29/11/2024 2) ML = Mining Lease; EPM = Exploration Permit for Minerals (QLD); EL = Exploration Licence (NSW) 1) Renewal in progress. The application for renewal was submitted on 31 January 2022 accompanied by an initial Development Plan. The renewal process is advancing smoothly with good communication between all parties. This process may take longer than normal given the Department’s review of the Company’s open cut development proposal planned for 2023. 2) Sozo farm-in arrangement. As at the date of this report EQ Resources Limited still holds a 100% beneficial interest in each tenement. EQ Resources Limited Annual Report 2022 33

RkJQdWJsaXNoZXIy MjE2NDg3