Carnarvon Potash Project

On 23 November 2022, Holocene Pty Ltd (a wholly owned subsidiary of Reward) lodged a first-in-time application for a single new exploration licence (E09/2763) which was granted on 6 May 2024. The tenement is known as the Carnarvon Potash project.

The ~219km² tenement is located only 30km north of the town of Carnarvon in Western Australia and is immediately adjacent to an operating seawater solar salt mine. The project has the potential to contain concentrated seawater derived brines at shallow depths below surface. This will be the focus of initial exploration activity when granted.