Exclusive Partnership with Aurora Environmental on Sandy Ridge Project

• Tellus and Aurora finalise partnership agreement for the development of the Sandy Ridge kaolin mine and storage project in WA
• Aurora to earn equity participation subject to meeting milestones in the provision of strategic consulting, feasibility study input, project development assistance
• Tellus to leverage Aurora’s extensive WA network for Sandy Ridge.

Tellus’ Perth core shed at Aurora office

Tellus Holdings Ltd (Tellus) is pleased to announce an exclusive partnership with Aurora Environmental Pty Ltd (Aurora), extending the companies’ successful WA collaboration at the Walton East Intractable Waste Disposal Facility (IWDF) next to Tellus’ adjacent Sandy Ridge Project.

The terms of the agreement include participation by Aurora in the feasibility studies for Sandy Ridge, assistance in the licensing process for the project and facilitation in developing the market in WA. This leverages the success the companies have already achieved in winning the tender to operate the West Australian Government’s IWDF by putting the same team and expertise into the development and proposed operation of the adjacent Sandy Ridge facility.

“Aurora is a proven partner in the region and we are very pleased to extend our collaboration to deliver another exciting project at Sandy Ridge,” said Tellus Managing Director Duncan van der Merwe.

“We have a great operational relationship already in place and, with the decades of combined on the ground experience in the team, we are confident that Tellus and Aurora together will develop a successful kaolin export focused mine with a complementary backfill business.

“This is an excellent complementary asset to the IWDF project and Tellus’ Northern Territorybased Chandler project, extending the depth of our business in WA,” Mr van der Merwe said.

Aurora Environmental is a specialist environmental science and occupational health and safety consultancy based in Perth, Dunsborough and Albany, Western Australia offering environmental professionals with diverse multidisciplinary and specialist skills. The Company has the capacity to plan and implement a range of environmental studies including environmental impact assessments for mining, industrial and urban development projects; environmental management and monitoring programs; packaging, transport and disposal of intractable wastes; assessments and remediation of contaminated sites; land use capability assessments and acid sulfate soil assessments and remediation. Our Occupational Health and Safety capabilities cover a wide variety of services but with specific expertise in asbestos risk management and occupational health and hygiene.

Tellus Holdings Ltd (“Tellus”) is an Australian project development company. Tellus’ flagship projects are a proposed underground rock salt mine with a complementary backfill business supporting the resource sector in the Northern Territory and a proposed kaolin mine with a complementary backfill business supporting the resource sector in the Western Australia. The commodity business involves the sales of edible and industrial salt and kaolin to Asia. The proposed complementary backfill business involves the safe recycle, recovery, storage and disposal in voids created by mining – as is common in the UK and EU, the USA and Canada.

Visit: www.tellusholdings.com.au or contact:

Duncan van der Merwe

Jane Munday

Managing Director

Michels Warren Munday

Tel: +61 (0)2 8257 3395

M:+61 (0) 427 880 083