Avenira Limited provided the following update on its 100% owned Wonarah Phosphate Project. Exploration Drilling Intercepts: In parallel with the mining front-end engineering design study (FEED) for the DSO Project being undertaken by AMC Consultants, Avenira has undertaken a review of its exploration drillhole database. This review assessed the presence of drillhole intersections of >27% P2O5 mineralisation geographicaly external to the Mineral Resource Estimate.

Intersections were noted on Avenira tenure (100% owned) adjacent to both the Main Zone and Arruwurra resource footprints. Intersections were approximately true widths due to the low angle of dip of the stratigraphy and the vertical orientation of the drilling. Samples for analysis were removed from the cyclone at 1 metre intervals and riffle split to provide a representative sample.

All samples were analysed by XRF at Amdel Laboratories.