Business Summary

Summit Minerals Limited is an Australia-based mineral exploration company. The Company is engaged in acquiring, exploring, and developing battery mineral projects in Australia. It focused on exploring for prospective critical minerals, such as lithium, rare earth elements and antimony. The Company’s projects include the Stallion Rare Earth Element Project, the Windfall Antimony Project, the Phillips River Lithium Project, the Northern REE Lithium Projects, and the Bridgetown Lithium Projects. The Stallion Rare Earth Element Project comprises one exploration tenement that covers 18 square kilometers (km2) in south-eastern Western Australia. The Windfall Antimony Project comprises one granted exploration tenement that covers 234km2 in north-east New South Wales. The Phillips River Lithium Project comprises two granted exploration tenements that cover a total of 45km2 in Western Australia. The Northern Lithium REE Projects comprise two granted exploration tenements in Western Australia.