CSIRO and MNE-funded research have independently confirmed the potential for hydrogen and helium within EP-494. Recent geological and seismic investigations have provided direct and compelling evidence that the Darling Fault Zone (DFZ) acts as a conduit for the migration of natural hydrogen (H₂), helium (He), and other associated gases. This indicates a natural pathway for these valuable resources to accumulate.

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When allowed to do so, MNE may choose to further evaluate any potential for H₂ & He on it’s permits, however while regulations are still to be set in place and additional permit conditions are yet to be determined for such exploration, the Company has not budgeted for any significant funds to be committed to exploration for these substances at this stage. The Company continues to monitor the work of others with interest to remain ready to capture any potential for value adding in the future where such is justified.