Competent Person Statement

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Competent Person Statement

The information in this report that relates to Exploration Targets, Exploration Results, Mineral Resources or Ore Reserves is based on information compiled by Dr John Chisholm, a Competent Person who is a Member of AusIMM. Mr Chisholm is engaged by Pyx and has sufficient experience that is relevant to the style of mineralisation and type of deposit under consideration and to the activity being undertaken to qualify as a Competent Person as defined in the 2012 edition of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves. Mr Chisholm consents to the inclusion in the report of the matters based on his information in the form and context in which it appears.
The Mandiri mineral sands deposit hosts a 6 Mt Inferred JORC Resource of zircon. The company originally announced this resource in its Replacement Prospectus released on 20 February 2020 and confirms that it is not aware of any new information or data that materially affects the information included in the Replacement Prospectus. All material assumptions and technical parameters disclosed in the Replacement Prospectus that underpin the estimates continue to apply and have not materially changed.
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