Cowan Lithium Project Project Cowan The Cowan Project is located 50km south east of Kambalda, Western Australia and is adjacent to Tawana Resources’ Bald Hill Lithium and Tantalum mine. The Cowan Project covers an extensive part of a 26km strike of two belts containing rare element Lithium-Caesium-Tantalum (LCT) pegmatites. About 10km of the Mt Belches – Bald Hill belt and a significant portion of the Claypan Dam – Madoonia Belt is covered by the Cowan Project area. Tawana commenced first pass exploratory drilling on the Cowan Project in September 2016, completing 189 holes totalling 14,419m. Spodumene pegmatites were intercepted in four areas. Some are sub-horizontal which provides the best targets for resource tonnage. Prior exploration at the Cowan Project focused on tantalum and tin and was limited to wide-spaced shallow RAB drilling, rock chip sampling, shallow auger/vacuum drilling and soil sampling, and RC drilling. Prior production within the Cowan Project comprised small amounts of lithium and tin.