Brockman Resources Investor Update

• Recommended current off-market takeover bid launched by Wah Nam International Holdings Limited’s wholly owned subsidiary Wah Nam International Australia Pty Ltd.
• Highly credentialed iron ore executive Russell Tipper appointed as Chief Executive Officer.
• Review of the Marillana process plant has identified areas for increased efficiencies, primarily around plant layout and footprint.�  An engineering optimisation study has confirmed the viability of the revised layout.
• All environmental and heritage requirements over the mine site are complete.
• Brockman continues to actively pursue rail haulage arrangements with existing and proposed railway owners in the Pilbara, as well as consideration of a standalone rail solution for the Marillana Project.� 
• The Environmental Protection Authority has recommended the conditional approval of the NWI port development in South West Creek, within the Port Hedland Inner harbour.
• Intersection of 135.45m grading 61.02% Fe recorded in first drill hole at the Sirius prospect, within the 100% owned Ophthalmia Project, further supporting potential for future DSO development in Pilbara.
• Encouraging RC drill intersections from Kalgan Creek (up to 68m @ 59.8% Fe) and Coondiner (up to 33m @ 58.9% Fe) confirm potential for multiple ore bodies at Ophthalmia.
• Discussions are taking place with potential investors in the Marillana Project and project financing options are being considered.

� To read the full activities report click on this link.

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