FRASER RANGE PROJECT IGO 70% FRASER RANGE PROJECT The Fraser Range Project comprises 100%-owned exploration licences, and several joint ventures, including those with Buxton Resources, Creasy Group, Orion Gold, Carrawine Resources, Rumble Resources, Arrow Minerals and TasEx Geological. In most of the joint ventures, IGO owns or is earning a minimum 70% interest in the tenements. The Fraser Range Project is located approximately 110km east of Norseman and covers over 430km strike length along the Albany-Fraser Belt. This emerging belt is considered highly prospective for both Nova-style magmatic nickel-copper deposits and Andromeda-style volcanic-hosted copper-zinc mineralisation. While many exploration companies have taken up exploration licences in the Fraser Range, IGO has a competitive advantage derived from our knowledge gained during the exploration, discovery and development of the Nova-Bollinger deposit. Exploration activities over the past year have included ground-based gravity and moving loop electromagnetic surveys, an airborne electromagnetic survey and aircore, reverse circulation (RC) and diamond drilling to generate and test targets. Parts of IGO’s Fraser Range Project area cover the Boonderoo, Fraser Range, Kanandah, and Southern Hills pastoral leases, which are actively being farmed. Northern parts of the project area fall within the proposed Lake Harris Nature Reserve and the Plumridge Lakes Nature Reserve and several tenements in the southern part of the project are located within the Dundas Nature Reserve. WESTERN AUSTRALIA F SE R E JE T Various JVs 46 — IGO SUSTAINABILITY REPORT 2018