Discovering Critical Metals – High Grade Copper-Gold in Utah, USA and Lithium in Brazil’s World Class Lithium Valley District

·         Drilling is currently taking place at the New Years copper prospect, located within the Cactus copper-gold district in Utah, USA, showing strong potential for both near-surface oxide and deeper primary copper-gold deposits.

·         Historical drill results at New Years include 13.7 meters at 2.32% Cu within 19.8 meters at 1.7% Cu, as well as 10.7 meters at 1.5% Cu within 27.4 meters at 0.8% Cu, and 10.7 meters at 1.6% Cu within 42.7 meters at 0.8% Cu from the surface.

·         The mined grades at the historical Cactus deposit were above 2% copper and 0.3g/t gold, with post-mining high-grade drill intercepts such as 4.9 meters at 6.7% Cu within 43.6 meters at 1.69% Cu, 12.2 meters at 3.3% Cu within 22.9 meters at 2.1% Cu, and 41 meters at 1.9% Cu with 0.6g/t Au. The deposit remains open at depth and to the northwest.

·         Projects are held either 100% by the Company or through option and earn-in agreements. AL8’s Board and executive team has over 150 years of mineral exploration experience in Australasia, Africa, North

& South America. Field inspections of Alderan’s lithium projects in Brazil have confirmed the presence of pegmatite, a potential host rock for lithium mineralization, in five out of the seven areas. The company plans to initiate an exploration program in 2024 to identify lithium prospects within these project areas.