CONRAD SILVER PROJECT

Land Holdings

In addition to the tenements held by the Company under the Mining Act, Malachite owns a freehold property, known as “Jadree”, which adjoins the Conrad mining leases at their southeastern end. Jadree includes a renovated residence and approximately 340ha of freehold land. The residence is currently being used as a field camp and office for Conrad, while adjoining land is being utilised as a drill core logging, handling and storage area. In the longer term it is envisaged that some of the Jadree land would be used for Conrad mine infrastructure, including a mine office, plant site, tailings dam and related facilities.