NGM is focused on a targeted group of exceptional exploration projects in prime locations. Our strategy is to grow value by proving the existence of gold and/or battery metals at each project, using advanced science and geological methods to identify, define and grow our mineral resources. We have a highly effective management team and a low-cost structure to execute the business model, allowing us to project manage our drilling campaigns using contract drill rigs, independent assay laboratories and independent geologists to report mineral resources under the JORC Code. Our strategy is to undertake further exploration drilling and sampling programmes, as well as to conduct geophysical studies. Our near-term strategic priority is to rapidly expand our Kathleen Valley gold resource and define new gold targets. This will be achieved through intensive drilling programmes. Samples will be recovered from these holes to establish gold and other metal concentration levels and electromagnetic surveys will be conducted down some holes to give a picture of what lies beyond these holes, to define the mineral resource sizes. We expect to realise value from our portfolio through total or partial project sales and joint ventures and/or, in the case of surface-lying soft rock resources, by extracting those resources ourselves alongside partners. We operate in accordance with the highest safety, environmental and social standards.