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METALLIUM LIMITED Capital/Financing Update 2021

Aug 19, 2021

65382_rns_2021-08-19_8160bca1-1008-4f93-b4d4-054769755705.pdf

Capital/Financing Update

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ASX Announcement

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ASX:MTM

20 August 2021

ENHANCED RARE EARTH ELEMENT POTENTIAL OF EAST LAVERTON PROJECT

Highlights:

  • Assessment of REE potential in the Pt Kidman Prospect area in progress

  • New surface geochemical sampling data obtained

  • Field reconnaissance and aircore drilling planned

The Board of Mt Monger Resources Limited (ASX: MTM ) ( Mt Monger or the Company ) is pleased to update shareholders on the Company’s exploration program for rare earth elements ( REE ) at its East Laverton Project in Western Australia.

The Company has recently entered into an agreement with Tevel Pty Ltd ( Tevel ) to explore 3 granted exploration licences in the Point Kidman Prospect area where historical aircore drilling has indicated the presence of anomalous light REE ( refer to Mt Monger ASX announcement dated 28 July 2021 ). Tevel have now provided the Company with results of their previous reconnaissance geochemical sampling that has been completed over the area.

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Figure 1: Location map of the East Laverton Project showing the location of Pt Kidman Prospect area and the Mt Weld REE mine overlain on a regional magnetic image (TMI RTP).

Mt Monger Resources Limited (ABN 27 645 885 463) Suite 2, 38 Colin Street, West Perth, 6005, Australia P: +61 (0)8 6444 1788, E: [email protected] www.mtmongerresources.com.au

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REE Exploration Potential

During 2013, Empire Resources Ltd ( Empire ) completed a reconnaissance aircore drilling program on the area of the Company’s E38/3466 and E38/3499 tenements at Pt Kidman. Empire completed 52 shallow aircore drill holes for a total of 1,126m that were designed to target four discrete magnetic highs (M1 to M4) close to the margin of a large granite intrusion. Various types of granitoid were intersected at each target.

Anomalous REE were intersected in the bottom of hole sample taken from a number of holes at each target area (Figure 2). Better intersections included 4m @ 0.20% TREE[1] from 36m (PKAC001 at Prospect M1), 3m @ 0.18% TREE from 48m (PKAC027 at Prospect M2), 1m @ 0.28% TREE from 8m (PKAC033 at Prospect M3) and 4m @ 0.27% TREE from 24m (PKAC051 at Prospect M4).

The REE mineralisation is dominated by the light rare earths (LREE) cerium (Ce), lanthanum (La), neodymium (Nd), praseodymium (Pr) and samarium (Sm) which together comprise on average 94% of the total REE. Empire surmised that the anomalous REE discovered at the four prospects was related to possible hydrothermal activity associated with regional shear zones.

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Figure 2: Historical drilling results from the Pt Kidman Prospect area overlain on magnetic image (TMI RTP).

Very widely spaced Geological Survey of Western Australia (GSWA) rock chip samples in the area have returned anomalous REE and indicate that the distribution of the REE mineralisation in the region is much larger than the area drilled to date.

New geochemical sampling data provided to the Company by Tevel (Appendix I) also indicates some regional REE anomalism in the Pt Kidman Prospect area, with assays from rock samples up to 0.25% TREE (Figure 3) and providing confirmation of the historical Empire drilling results from surface samples.

1 TREE = Total Rare Earth Elements (Ce, La, Nd, Pr, Sm, Eu, Gd, Tb, Dy, Ho, Er, Tm, Yb, Lu and Y).

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The assay results are a mixture of soil and rock samples, as well as chip samples opportunistically taken from recently drilled waterbores along the major road through the area.

Results indicate that bedrock lithologies are enriched in REE and that supergene weathering processes may be locally concentrating the REE in the regolith. Further systematic sampling over a broad area of approximately 50km[2] is required to evaluate this exploration opportunity.

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Figure 3: Tevel reconnaissance sample locations in the Pt Kidman Prospect area, with selected rock sample REE assays.

Current REE Mining in the Laverton Region

The world-class Mt Weld REE open pit mine and concentration plant operated by Lynas Rare Earths Limited (ASX:LYC) are located approximately 45km to the south of the Pt Kidman Prospect area (Figure 1). All the currently known economic REE resources at the Mt Weld deposit are hosted within the lateritic regolith above a carbonatite intrusion.

The combined total Mineral Resource for Mt Weld is currently 54.5 million tonnes, at an average grade of 5.2% TREO[2] , for a total of 2.8 million tonnes TREO, comprised of a Measured Resource of 16.7 million tonnes, at an average grade of 7.5% TREO, an Indicated Resource of 11.9 million tonnes, at an average grade of 5.3% TREO and an Inferred Resource of 25.9 million tonnes, at an average grade of 3.6% TREO (LYC Announcement 6th August 2018).

2 TREO = Total Rare Earth Oxides (La2O3, CeO2, Pr6O11, Nd2O3, Sm2O3, Eu2O3, Gd2O3, Tb4O7, Dy2O3, Ho2O3, Er2O3, Tm2O3, Yb2O3, Lu2O3 and Y2O3).

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Proposed Exploration Program

Reconnaissance of the Pt Kidman Prospect area will be carried out in September 2021. A program of surface geochemistry and aircore drilling is currently being planned for the Pt Kidman Prospect area, which will be undertaken subject to obtaining all statutory approvals and heritage clearances. Drilling is designed to test known surface geochemical anomalies and targets identified on magnetic images.

The Company looks forwards to updating shareholders with details of the exploration program and results as they become available.

This announcement is authorised for release on behalf the Board by Mr Lachlan Reynolds, Managing Director.

For further information, please contact:

Lachlan Reynolds Managing Director Mt Monger Resources Limited Tel: +61 (0)8 6444 1788 Email: [email protected]

Simon Adams Company Secretary Mt Monger Resources Limited Tel: +61 (0)8 6444 1788 Email: [email protected]

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About Mt Monger Resources Limited

Mt Monger Resources Limited is an exploration company searching for gold, nickel, rare earth elements (REE) and base metals in the Goldfields of Western Australia. The Company holds over 3,000km[2] of tenements in two prolific and highly prospective goldfields. The Mt Monger Gold Project comprises a contiguous area of ~120km[2] area containing known gold deposits occurrences in the Mt Monger area, located ~70km SE of Kalgoorlie and immediately adjacent to the Randalls gold mill operated by Silver Lake Resources Limited. The East Laverton Project is a regionally extensive package of underexplored tenements prospective for gold, base metals and REE. Priority drilling targets have been identified in both project areas and the Company is well funded to undertake effective exploration programs. The Company has an experienced Board and management team which is focused on discovery to increase value for Shareholders.

Competent Person’s Statement

The information in this report that relates to Exploration Results is based on and fairly represents information compiled by Mr Lachlan Reynolds. Mr Reynolds is the Managing Director of Mt Monger Resources Limited and is a member of both the Australasian Institute of Mining and Metallurgy and the Australasian Institute of Geoscientists. Mr Reynolds has sufficient experience of relevance to the styles of mineralisation and types of deposits under consideration, and to the activities undertaken to qualify as a Competent Person as defined in the 2012 Edition of the Joint Ore Reserves Committee (JORC) Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves. Mr Reynolds consents to the inclusion in this report of the matters based on information in the form and context in which they appear.

Previous Disclosure

The information in this announcement is based on the Mt Monger Resources Limited Prospectus and the following ASX announcements, which are available from the Mt Monger Resources website www.mtmongerresources.com.au and the ASX website www.asx.com.au.

  • 28 July 2021 “East Laverton Project Update”

The Company confirms that it is not aware of any new information or data that materially affects the information included in the Prospectus and the original ASX announcements and that all material assumptions and technical parameters underpinning the Prospectus and relevant announcements continue to apply and have not materially changed. The Company confirms that the form and context in which the Competent Person’s findings are represented have not been materially modified from the Prospectus or original ASX announcements.

Cautionary Statement Regarding Values & Forward-Looking Information

The figures, valuations, forecasts, estimates, opinions and projections contained herein involve elements of subjective judgment and analysis and assumption. Mt Monger Resources does not accept any liability in relation to any such matters, or to inform the Recipient of any matter arising or coming to the company’s notice after the date of this document which may affect any matter referred to herein. Any opinions expressed in this material are subject to change without notice, including as a result of using different assumptions and criteria. This document may contain forward-looking statements. Forward-looking statements are often, but not always, identified by the use of words such as “seek”, “anticipate”, “believe”, “plan”, “expect”, and “intend” and statements than an event or result “may”, “will”, “should”, “could”, or “might” occur or be achieved and other similar expressions. Forward-looking information is subject to business, legal and economic risks and uncertainties and other factors that could cause actual results to differ materially from those contained in forward-looking statements. Such factors include, among other things, risks relating to property interests, the global economic climate, commodity prices, sovereign and legal risks, and environmental risks. Forward-looking statements are based upon estimates and opinions at the date the statements are made. Mt Monger Resources undertakes no obligation to update these forward-looking statements for events or circumstances that occur subsequent to such dates or to update or keep current any of the information contained herein. The Recipient should not place undue reliance upon forward-looking statements. Any estimates or projections as to events that may occur in the future (including projections of revenue, expense, net income and performance) are based upon the best judgment of Mt Monger Resources from information available as of the date of this document. There is no guarantee that any of these estimates or projections will be achieved. Actual results will vary from the projections and such variations may be material. Nothing contained herein is, or shall be relied upon as, a promise or representation as to the past or future. Mt Monger Resources, its affiliates, directors, employees and/or agents expressly disclaim any and all liability relating or resulting from the use of all or any part of this document or any of the information contained herein.

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APPENDIX I – Tevel Surface Geochemical Sampling REE Assay Results

Sample East North Type Tenement La Ce Pr Nd Sm Eu Y Gd Tb Dy Ho Er Tm Yb Lu TREE TREE
ID MGA MGA ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm %
RES-01 460700 6860260 Soil E38_3466 81.4 139 11.9 35.8 4.65 0.8 10.7 2.8 0.42 2.3 0.44 1.25 0.18 1.2 0.16 293 0.029
RES-04 460681 6860057 Soil E38_3466 33.2 64.3 5.82 19.2 2.9 0.55 8.9 2.2 0.32 1.85 0.36 1 0.16 0.95 0.14 141.85 0.014
RES-05 460700 6859983 Soil E38_3466 19.6 33.4 3.8 13.7 2.5 0.55 9.1 2 0.3 1.75 0.36 1.05 0.16 1 0.14 89.41 0.009
RES-06 460700 6860156 Soil E38_3466 45 74.2 7.58 25.2 3.75 0.7 11.1 2.8 0.4 2.2 0.44 1.25 0.18 1.1 0.18 176.08 0.018
RES-07 462597 6859072 Drill E38_3466 30.4 48 4.94 17.6 2.95 0.55 10.9 2.4 0.36 2.1 0.44 1.25 0.18 1.2 0.18 123.45 0.012
RES-08 465400 6858885 Soil E38_3466 30.1 51.4 5.24 17.7 2.85 0.55 8.8 2 0.32 1.7 0.34 1 0.16 0.95 0.14 123.25 0.012
RES-09 465398 6858985 Soil E38_3466 34 59.2 5.9 20.2 3.3 0.7 11.2 2.6 0.38 2.1 0.46 1.3 0.2 1.15 0.18 142.87 0.014
RES-10 465398 6859090 Soil E38_3466 15.9 28.2 3.22 11.6 2.25 0.45 8.8 1.8 0.28 1.6 0.34 0.9 0.16 0.95 0.14 76.59 0.008
RES-11 465400 6858790 Soil E38_3466 35 59.4 6.08 20.7 3.4 0.65 9.9 2.4 0.36 1.9 0.38 1.05 0.16 1 0.16 142.54 0.014
RES-12 465404 6858698 Soil E38_3466 28.3 42.2 4.88 16.4 2.6 0.5 7.5 1.8 0.28 1.45 0.34 0.8 0.14 0.8 0.12 108.11 0.011
RES-14 465188 6858897 Soil E38_3466 71.6 122 11.5 37.4 5.3 0.9 13.2 3.4 0.54 2.45 0.5 1.4 0.2 1.2 0.18 271.77 0.027
RES-15 462533 6863649 Soil E38_3466 4.9 9.4 0.98 3.65 0.7 0.15 3.1 0.6 0.1 0.65 0.12 0.4 0.06 0.35 0.06 25.22 0.003
RES-16 462571 6863604 Soil E38_3466 5.1 9.3 1.02 3.8 0.75 0.15 3.5 0.6 0.1 0.7 0.16 0.45 0.06 0.35 0.08 26.12 0.003
RES-17 465546 6866939 Soil E38_3466 7.5 15.3 1.6 5.85 1.1 0.25 5 1 0.16 0.9 0.22 0.65 0.1 0.55 0.08 40.26 0.004
RE-02 459773 6860666 Rock E38_3466 21.1 25.3 1.86 5.25 1.2 0.2 3.6 1 0.14 0.75 0.16 0.5 0.06 0.45 0.08 61.65 0.006
RE-04 463899 6859024 Rock E38_3466 699 1140 122 353 41.1 6.1 47.8 21.6 2.5 11.7 1.92 4.55 0.64 3.75 0.44 2456.1 0.246
RE-09 455933 6866240 Drill E38_3466 13.1 23 2.34 8.1 1.35 0.3 4.4 1 0.16 0.8 0.18 0.5 0.06 0.45 0.08 55.82 0.006
RE-09B 455933 6866240 Drill E38_3466 23.5 38.5 3.78 12.5 2 0.4 4.3 1.2 0.18 0.9 0.18 0.5 0.06 0.45 0.08 88.53 0.009
REE-06A 465400 6858890 Rock E38_3466 4.7 12 0.92 3.65 1.4 0.5 10.1 1.4 0.3 2.1 0.42 1.4 0.22 1.85 0.24 41.2 0.004
RE-07 464109 6859056 Rock E38_3466 537 907 73.9 226 25.8 4 39.7 13.8 1.38 7.35 1.3 3.2 0.4 2.65 0.38 1843.86 0.184
RE-07A 464109 6859056 Rock E38_3466 334 595 49.5 154 18.3 2.95 25.2 8.8 0.88 4.6 0.76 1.8 0.24 1.55 0.22 1197.8 0.120
AR-6 479990 6848902 Rock E38_3462 2.7 5.6 0.58 2.4 0.55 0.15 2.1 0.4 0.06 0.5 0.08 0.35 0.04 0.4 0.06 15.97 0.002
AR-6B 479990 6848902 Rock E38_3462 3.3 7.1 0.86 3.45 0.8 0.2 2.7 0.6 0.1 0.8 0.12 0.45 0.06 0.5 0.06 21.1 0.002
AR-16 479927 6849143 Rock E38_3462 1.5 3.7 0.34 1.3 0.45 0.1 3.6 0.4 0.12 0.7 0.18 0.55 0.1 0.8 0.1 13.94 0.001
AR-16D 479927 6849143 Rock E38_3462 11.5 38.5 3.48 13.6 3.85 0.9 31.3 3.6 0.74 5.65 1.24 4.4 0.7 6.25 0.96 126.67 0.013
AR-18B 479350 6847560 Rock E38_3462 12.3 26.5 2.64 9.75 2.45 0.35 28.9 2.4 0.62 5.05 1.08 4.3 0.82 7.95 1.24 106.35 0.011
AR-18F 479350 6847560 Rock E38_3462 156 201 14.8 48.2 6.7 1.4 12.9 5 0.66 3.75 0.58 1.3 0.18 1.15 0.16 453.78 0.045
AR-18G 479350 6847560 Rock E38_3462 38.6 51.8 3.4 10.1 1.45 0.3 4.6 1 0.16 1.05 0.2 0.55 0.08 0.7 0.08 114.07 0.011
AR-19A 453886 6853450 Rock E38_3499 9 12.4 2.52 11.9 3.45 1.2 41.7 4.8 0.9 6.5 1.44 4.4 0.62 4.2 0.66 105.69 0.011
AR-19C 453886 6853450 Rock E38_3499 0.4 0.7 0.08 0.4 0.1 <0.05 0.8 <0.2 <0.02 0.15 0.02 0.1 <0.02 0.15 <0.02 2.9 0.000
AR-19D 453886 6853450 Rock E38_3499 1.5 3.7 0.5 2.3 0.75 0.3 5.3 1 0.18 1.35 0.3 0.9 0.14 0.95 0.16 19.33 0.002
M16-1 462223 6873182 Soil E38_3466 4.5 9.5 0.86 3 0.6 0.1 3 0.6 0.08 0.6 0.14 0.4 0.04 0.35 0.06 23.83 0.002
M16-2 462339 6873179 Soil E38_3466 5 9.2 0.96 3.55 0.65 0.15 3.3 0.6 0.08 0.6 0.12 0.4 0.06 0.4 0.08 25.15 0.003
M16-3 462536 6873175 Soil E38_3466 4.1 7.1 0.76 2.75 0.55 0.1 2.6 0.4 0.06 0.5 0.12 0.35 0.04 0.35 0.04 19.82 0.002
M16-4 462739 6873170 Soil E38_3466 3.2 6.6 0.64 2.25 0.5 0.1 2.3 0.4 0.06 0.5 0.08 0.3 0.04 0.3 0.04 17.31 0.002
M-11-3 457231 6871889 Soil E38_3466 11.6 19.7 2.32 8.6 1.7 0.35 6.1 1.6 0.2 1.2 0.24 0.75 0.12 0.7 0.18 55.36 0.006
M-11-4 457210 6871797 Soil E38_3466 10 17.1 1.9 7 1.45 0.25 5 1 0.16 1 0.2 0.65 0.08 0.6 0.08 46.47 0.005

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Sample East North Type Tenement La Ce Pr Nd Sm Eu Y Gd Tb Dy Ho Er Tm Yb Lu TREE TREE
ID MGA MGA ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm %
M-11-5 457197 6871693 Soil E38_3466 9.9 15.3 1.98 7.2 1.3 0.3 5.4 1.2 0.18 1.05 0.22 0.6 0.08 0.6 0.08 45.39 0.005
M-11-7 457162 6871502 Soil E38_3466 11.8 18.1 2.4 8.8 1.7 0.35 6.5 1.6 0.22 1.25 0.26 0.75 0.12 0.7 0.1 54.65 0.005
M-11-9 457124 6871305 Soil E38_3466 10.9 16.5 2.2 8.15 1.55 0.3 6 1.2 0.2 1.1 0.22 0.7 0.08 0.7 0.08 49.88 0.005
M-11-10 457133 6871209 Soil E38_3466 10.6 17.1 2.16 7.85 1.55 0.35 5.9 1.2 0.2 1.15 0.24 0.7 0.08 0.75 0.1 49.93 0.005
M-11-11 457132 6871229 Soil E38_3466 14.5 24.1 2.9 10.7 2.1 0.4 7.9 2 0.24 1.55 0.3 0.8 0.14 0.85 0.16 68.64 0.007
M14-1 466295 6873143 Soil E38_3506 15.4 25.1 3.08 11.3 2.15 0.55 8.2 2 0.26 1.55 0.32 1 0.14 0.95 0.14 72.14 0.007
M14-3 466500 6873129 Soil E38_3506 14.6 25.4 2.92 11.2 2.05 0.5 7.7 1.8 0.26 1.55 0.3 0.9 0.14 0.9 0.12 70.34 0.007
M14-4 466599 6873131 Soil E38_3506 13.3 23.2 2.66 9.95 2 0.4 6.8 1.8 0.24 1.3 0.26 0.8 0.12 0.8 0.1 63.73 0.006
M14-6 466844 6873125 Soil E38_3506 12.6 23.4 2.58 9.65 2 0.4 6.8 1.8 0.24 1.4 0.26 0.8 0.14 0.8 0.12 62.99 0.006
M14-7 466975 6873123 Soil E38_3506 14.5 27.7 3.1 11.8 2.25 0.5 8.3 2.2 0.28 1.7 0.32 1.05 0.14 1.05 0.14 75.03 0.008
M14-9 467179 6873121 Soil E38_3506 12.5 21.8 2.58 9.65 2.05 0.35 6.8 1.8 0.22 1.4 0.26 0.8 0.12 0.85 0.1 61.28 0.006
M14-10 467275 6873122 Soil E38_3506 12.5 21.1 2.56 9.3 1.85 0.35 6.8 1.8 0.22 1.4 0.26 0.8 0.12 0.8 0.1 59.96 0.006
GW-S01 479363 6853310 Soil E38_3507 8.6 15.6 1.68 6.15 1.2 0.2 4.9 1 0.16 0.9 0.2 0.6 0.08 0.6 0.08 41.95 0.004
GW-S02 479269 6853484 Soil E38_3507 10.1 17.9 2.08 7.5 1.5 0.3 5.8 1.2 0.2 1.1 0.22 0.65 0.12 0.7 0.08 49.45 0.005
GW-S03 479171 6853659 Soil E38_3507 6.6 12.3 1.26 4.75 0.95 0.2 4.1 0.8 0.14 0.75 0.16 0.5 0.06 0.5 0.08 33.15 0.003
GW-S04 479083 6853835 Soil E38_3507 8.2 14.3 1.62 5.9 1.05 0.2 4.7 1 0.16 0.9 0.18 0.6 0.08 0.6 0.08 39.57 0.004
GW-S05 478978 6854004 Soil E38_3507 9.8 17.5 1.94 7.2 1.4 0.25 5.8 1.2 0.18 1.05 0.2 0.65 0.08 0.7 0.08 48.03 0.005
GW-S06 478889 6854181 Soil E38_3507 6.4 11.4 1.26 4.35 0.9 0.2 3.7 0.8 0.12 0.7 0.16 0.45 0.06 0.5 0.06 31.06 0.003
GW-S07 478795 6854352 Soil E38_3507 8.4 16.3 1.74 6.15 1.25 0.25 5.3 1 0.16 1 0.2 0.6 0.08 0.65 0.08 43.16 0.004
GW-S08 478701 6854527 Soil E38_3507 9.3 18 2.04 7.65 1.65 0.35 5.8 1.6 0.2 1.2 0.24 0.7 0.08 0.7 0.1 49.61 0.005
GW-S09 478603 6854702 Soil E38_3507 12.5 21.7 2.46 8.95 1.65 0.3 7 1.6 0.22 1.25 0.28 0.8 0.12 0.8 0.1 59.73 0.006
GW-S10 478516 6854862 Soil E38_3507 9 15.7 1.76 6.55 1.4 0.25 5.1 1 0.16 1 0.2 0.65 0.08 0.65 0.08 43.58 0.004
GW-S11 478610 6854899 Soil E38_3507 10.3 17.9 2.06 7.65 1.55 0.3 6.1 1.2 0.18 1.15 0.24 0.7 0.08 0.8 0.1 50.31 0.005
GW-S12 478405 6855042 Soil E38_3507 12.7 23.8 2.48 9.15 1.7 0.3 6.9 1.6 0.22 1.3 0.26 0.75 0.12 0.8 0.1 62.18 0.006
GW-S13 478315 6855220 Soil E38_3507 8.6 15.2 1.68 6.05 1.2 0.25 5.5 1 0.16 0.95 0.18 0.6 0.06 0.6 0.08 42.11 0.004
GW-S14 478220 6855390 Soil E38_3507 8.6 15.8 1.74 6.2 1.2 0.25 5.4 1 0.18 1.05 0.22 0.65 0.08 0.7 0.08 43.15 0.004
GW-S15 478124 6855563 Soil E38_3507 11.2 20.7 2.34 8.35 1.65 0.35 6.6 1.6 0.22 1.25 0.26 0.8 0.12 0.8 0.1 56.34 0.006
GW-S16 478032 6855735 Soil E38_3507 12.3 17 2.5 9.65 1.8 0.35 7.8 1.8 0.22 1.3 0.28 0.9 0.12 0.7 0.1 56.82 0.006
GW-S17 477934 6855910 Soil E38_3507 8.7 16.8 1.72 6.35 1.3 0.25 4.5 1 0.16 0.9 0.18 0.55 0.06 0.6 0.08 43.15 0.004
GW-S18 477828 6856097 Soil E38_3507 9 17.5 1.84 6.75 1.4 0.25 5 1 0.16 1 0.2 0.55 0.08 0.65 0.08 45.46 0.005
GW-S19 477734 6856268 Soil E38_3507 17.8 38.6 3.84 14.7 2.8 0.6 10 2.6 0.36 2.05 0.42 1.15 0.18 1.15 0.14 96.39 0.010
GW-S20 477634 6856440 Soil E38_3507 8.7 16.6 1.8 6.7 1.3 0.25 5.2 1 0.16 1 0.2 0.55 0.08 0.65 0.08 44.27 0.004
GW-S21 484094 6856368 Soil E38_3507 10.6 19 2.16 7.85 1.6 0.3 5.7 1.2 0.2 1.1 0.22 0.65 0.12 0.7 0.08 51.48 0.005
GW-S22 483887 6857172 Soil E38_3507 12.5 22.5 2.52 9.2 1.75 0.35 7 1.6 0.22 1.25 0.28 0.75 0.12 0.8 0.1 60.94 0.006
GW-S23 483823 6857379 Soil E38_3507 9.6 18 1.96 7.05 1.3 0.25 5.6 1.2 0.18 1.05 0.22 0.65 0.08 0.65 0.08 47.87 0.005
GW-S24 483708 6857580 Soil E38_3507 7.4 14 1.56 5.6 1.2 0.2 4.1 0.8 0.14 0.85 0.16 0.55 0.06 0.55 0.06 37.23 0.004
GW-S25 483709 6857776 Soil E38_3507 13.2 23.3 2.6 9.55 1.75 0.35 7.1 1.8 0.24 1.4 0.26 0.8 0.12 0.85 0.1 63.42 0.006
GW-S26 483646 6857954 Soil E38_3507 20.1 32.1 4.08 15.1 2.85 0.6 10.8 2.6 0.36 2.05 0.4 1.2 0.16 1.1 0.14 93.64 0.009
GW-S27 483653 6858145 Soil E38_3507 10.9 20.3 2.18 7.9 1.5 0.3 5.9 1.2 0.2 1.2 0.24 0.7 0.08 0.75 0.1 53.45 0.005

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Sample East North Type Tenement La Ce Pr Nd Sm Eu Y Gd Tb Dy Ho Er Tm Yb Lu TREE TREE
ID MGA MGA ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm %
GW-S28 483624 6858343 Soil E38_3507 7.6 14.2 1.54 5.55 1.05 0.2 4.3 0.8 0.14 0.85 0.18 0.5 0.06 0.55 0.06 37.58 0.004
GW-S29 483617 6858546 Soil E38_3507 6.7 12.6 1.34 4.9 0.95 0.2 3.8 0.8 0.12 0.75 0.16 0.5 0.06 0.5 0.08 33.46 0.003
GW-S30 483606 6858744 Soil E38_3507 7.3 13 1.4 5.1 0.95 0.2 3.9 0.8 0.14 0.8 0.16 0.5 0.06 0.5 0.06 34.87 0.003
GW-S31 483954 6858940 Soil E38_3507 14.6 28 3.08 11.6 2.3 0.4 8.3 2 0.26 1.65 0.32 1 0.14 0.95 0.12 74.72 0.007
GW-S32 483604 6859094 Soil E38_3507 10.7 20.8 2.28 8.7 1.75 0.35 6.2 1.6 0.22 1.3 0.26 0.75 0.12 0.9 0.2 56.13 0.006
GW-S33 483597 6859298 Soil E38_3507 12.5 24.5 2.68 10 1.9 0.35 7 1.8 0.24 1.5 0.28 0.9 0.14 0.9 0.12 64.81 0.006
GW-S34 475392 6865270 Soil E38_3506 5.9 10.5 1.08 4.05 0.8 0.15 3.3 0.6 0.12 0.65 0.14 0.45 0.06 0.4 0.06 28.26 0.003
GW-S35 475426 6865264 Soil E38_3506 6.9 12.9 1.32 4.7 1 0.2 3.6 0.8 0.12 0.7 0.16 0.4 0.06 0.5 0.06 33.42 0.003
H1-33 469313 6870682 Drill E38_3506 86.4 168 14.2 44.4 7.1 1.05 16.1 5 0.62 3.45 0.62 1.75 0.24 1.7 0.26 350.89 0.035
H1-97 469313 6870682 Drill E38_3506 28.6 53 5.48 19.3 3.35 0.65 9.2 2.6 0.36 1.9 0.36 1.05 0.14 0.85 0.12 126.96 0.013
H1-117 469313 6870682 Drill E38_3506 19.2 36.7 3.82 13.9 2.65 0.8 7.1 2.2 0.24 1.3 0.26 0.75 0.1 0.7 0.1 89.82 0.009
H1-121 469313 6870682 Drill E38_3506 5.7 12.9 1.8 8.4 2.65 0.75 12.3 2.8 0.4 2.45 0.46 1.45 0.18 1.25 0.16 53.65 0.005
H1-132 469313 6870682 Drill E38_3506 57.1 111 9.46 30.7 4.45 0.85 11.1 3.2 0.38 2 0.4 1.15 0.16 1.05 0.14 233.14 0.023
H1-138 469313 6870682 Drill E38_3506 14.6 26.2 2.68 9.55 1.75 0.55 6.8 1.6 0.22 1.25 0.26 0.7 0.12 0.75 0.1 67.13 0.007
H2-37 462722 6864072 Drill E38_3466 155 261 20.8 62.5 7.7 1.4 12.3 4.6 0.5 2.45 0.46 1.2 0.16 1.1 0.14 531.31 0.053
H2-43 462722 6864072 Drill E38_3466 8.1 13.3 1.14 4.25 0.9 0.2 5.8 1 0.16 1 0.22 0.7 0.08 0.7 0.08 37.63 0.004
H2-65 462722 6864072 Drill E38_3466 66.4 123 10.3 31.4 3.7 0.8 4.7 2.2 0.2 0.95 0.18 0.45 0.06 0.35 0.06 244.75 0.024
H2-107 462722 6864072 Drill E38_3466 205 348 28.4 85.9 9.95 1.6 12.3 5.2 0.56 2.7 0.44 1.15 0.14 0.95 0.12 702.41 0.070
H4-26 453572 6853945 Drill E38_3499 56.2 97.2 12.6 45.4 8.45 1.9 22.8 6.4 0.92 5.2 1.04 2.95 0.4 2.9 0.4 264.76 0.026
H4-41 453572 6853945 Drill E38_3499 33.9 47 6.12 23.7 4.75 1.15 26 5 0.68 4 0.84 2.3 0.3 1.9 0.28 157.92 0.016
H4-51 453572 6853945 Drill E38_3499 89.7 61.5 18.7 67.5 11.9 2.9 33.2 10 1.28 7 1.36 3.9 0.5 3.3 0.44 313.18 0.031
H4-119 453572 6853945 Drill E38_3499 20.5 71.1 5 18.8 4 1 13.6 3.4 0.52 3.4 0.68 2.05 0.28 2.25 0.3 146.88 0.015
WB-01 462223 6873182 Rock E38_3519 11.5 21.9 2.26 8.15 1.45 0.3 6.5 1.2 0.2 1.2 0.24 0.75 0.12 0.7 0.1 56.57 0.006
WB-03 466844 6873125 Rock E38_3519 3.2 15.3 1.2 5.15 1.75 0.45 17.5 1.8 0.42 3.15 0.72 2.3 0.44 3.25 0.5 57.13 0.006
WB-04 470666 6871686 Rock E38_3506 5.2 7.8 0.98 3.3 0.7 0.1 4.1 0.6 0.12 0.75 0.16 0.45 0.06 0.5 0.08 24.9 0.002
WB-06A 477736 6867259 Rock E38_3506 15.3 19.3 2.62 8.9 1.6 0.3 7.3 1.4 0.22 1.4 0.28 0.9 0.14 0.95 0.16 60.77 0.006
WB-06B 477880 6867240 Rock E38_3506 23.6 8.6 4.34 15.5 2.15 0.4 17.7 2.6 0.24 1.35 0.32 0.8 0.1 0.55 0.08 78.33 0.008
WB-06C 477880 6867240 Rock E38_3506 8.3 31.1 2.12 7.8 1.55 0.3 8 1.4 0.24 1.45 0.3 0.9 0.12 0.9 0.12 64.6 0.006
WB-07 474547 6864425 Rock E38_3506 3.9 5.6 0.72 2.8 0.55 0.1 2.2 0.4 0.06 0.4 0.06 0.25 0.04 0.25 0.04 17.37 0.002
WB-08 478028 6855733 Rock E38_3507 10.6 13.9 2.36 9 1.6 0.35 7.3 1.4 0.22 1.25 0.24 0.7 0.1 0.6 0.08 49.7 0.005
WB-09 483667 6857172 Rock E38_3507 18.9 22.5 4.16 16.3 2.9 0.6 10.7 2.6 0.36 1.95 0.38 1 0.16 0.9 0.12 83.53 0.008
WB-10 483822 6857379 Rock E38_3507 14.8 23.9 2.92 10.5 2 0.35 7.9 1.6 0.26 1.5 0.3 0.85 0.14 0.9 0.12 68.04 0.007
WB-11 483768 6857580 Rock E38_3507 19.8 40 3.98 13.9 2.5 0.5 10.5 2 0.32 2.15 0.42 1.15 0.16 1.2 0.18 98.76 0.010
WB-12 483604 6859094 Rock E38_3507 23.8 31.2 4.84 18.3 3.25 0.7 13.1 2.8 0.38 2.15 0.44 1.2 0.18 1.1 0.18 103.62 0.010
VET-1E 465425 6858937 Rock E38_3466 34.8 55.4 5.88 19.4 3.1 0.5 9.1 2 0.26 1.65 0.32 0.9 0.14 0.8 0.12 134.37 0.013
VET-02C 460900 6861830 Rock E38_3466 4.6 48.5 1.14 4.25 0.8 0.15 3 0.6 0.12 0.7 0.14 0.4 0.06 0.45 0.08 64.99 0.006
VET-02D 460900 6861830 Rock E38_3466 1.7 4 0.64 3.15 1.05 0.7 8.5 1.4 0.24 1.55 0.32 0.95 0.14 1 0.16 25.5 0.003
VET-2E 460900 6861830 Rock E38_3466 2.4 5.2 0.62 2.6 0.65 0.55 3.9 0.8 0.12 0.7 0.14 0.35 0.06 0.4 0.06 18.55 0.002
VET-03S 460725 6860200 Rock E38_3466 6.4 24.9 2.3 10.4 5 1.4 41.8 6 1.24 8.3 1.64 5.2 0.92 6.45 1 122.95 0.012

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Sample East North Type Tenement La Ce Pr Nd Sm Eu Y Gd Tb Dy Ho Er Tm Yb Lu TREE TREE
ID MGA MGA ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm %
VET-05A 480131 6847010 Rock E38_3462 8.4 10.5 1.16 3.65 0.6 0.2 0.9 0.4 0.04 0.2 0.04 0.1 <0.02 0.1 <0.02 26.29 0.003
VET-06A 480085 6847099 Rock E38_3462 33.7 48.3 5.4 17.1 2.7 0.6 10.7 2 0.3 1.95 0.4 1.1 0.18 1.25 0.2 125.88 0.013
VET-07A 480008 6849286 Rock E38_3462 3.9 5.3 0.54 1.9 0.5 0.1 3.3 0.6 0.08 0.55 0.14 0.4 0.06 0.4 0.06 17.83 0.002
VET-07B 480008 6849286 Rock E38_3462 9.5 12.3 1.8 6.05 1.25 0.3 8.4 1.2 0.22 1.5 0.32 1.05 0.18 1.45 0.2 45.72 0.005
VET-11 465465 6858968 Rock E38_3466 97.5 144 11.5 34 4.45 0.8 9.8 2.8 0.36 2 0.36 1 0.14 0.95 0.12 309.78 0.031
VET-12 465381 6858862 Rock E38_3466 44.4 92.6 6.24 17.6 2.45 0.35 5 1.4 0.2 1.1 0.2 0.5 0.06 0.45 0.06 172.61 0.017
H1-3 469313 6870682 Drill E38_3506 8.9 23.3 1.96 7.25 1.5 0.3 6.7 1.4 0.2 1.35 0.28 0.85 0.12 0.9 0.14 55.15 0.006
H1-104 469313 6870682 Drill E38_3506 22.5 39.7 4.1 13.8 2.35 0.55 5.4 1.6 0.24 1.1 0.2 0.5 0.06 0.45 0.06 92.61 0.009
H1-125 469313 6870682 Drill E38_3506 18 29.1 3.08 10.9 2.45 0.55 12.5 2.2 0.38 2.3 0.48 1.45 0.2 1.45 0.22 85.26 0.009
H1-128 469313 6870682 Drill E38_3506 10.8 28.7 4.46 19.9 5.05 0.95 15 4.2 0.52 2.8 0.52 1.5 0.2 1.35 0.2 96.15 0.010
H1-134 469313 6870682 Drill E38_3506 39.8 73.7 8.12 28.6 5.35 0.9 12.8 3.8 0.44 2.5 0.46 1.35 0.16 1.2 0.16 179.34 0.018
H1-138 469313 6870682 Drill E38_3506 14.2 25.3 2.68 9.05 1.8 0.55 6.7 1.6 0.2 1.3 0.26 0.8 0.1 0.75 0.1 65.39 0.007
H2-43C 462722 6864072 Drill E38_3466 8.1 14.5 1.3 4.5 0.9 0.2 5.5 1 0.16 1.05 0.22 0.65 0.08 0.65 0.1 38.91 0.004
H2-53 462722 6864072 Drill E38_3466 53.2 94.5 8.84 27.7 4.15 0.85 7.3 2.4 0.3 1.5 0.28 0.7 0.1 0.7 0.08 202.6 0.020
H2-101 462722 6864072 Drill E38_3466 184 308 27.6 81.5 9.65 1.5 11.3 4.8 0.52 2.55 0.4 1.05 0.14 0.85 0.12 633.98 0.063
H4-3 453572 6853945 Drill E38_3499 15.5 39.1 3.5 13.1 2.65 0.55 9.4 2.2 0.34 2.25 0.4 1.25 0.16 1.3 0.18 91.88 0.009
H5-31 465712 6867047 Drill E38_3506 109 189 18.3 59.1 8.25 1.6 13.5 5 0.58 2.95 0.48 1.25 0.16 1.05 0.14 410.36 0.041
H5-39 465712 6867047 Drill E38_3506 27.3 46.2 5.18 17.7 3.2 0.7 11.4 2.8 0.34 2.2 0.42 1.2 0.16 1.2 0.16 120.16 0.012
H5-55 465712 6867047 Drill E38_3506 35.5 64.4 7.08 25.5 4.95 0.9 16.6 4 0.54 3.3 0.62 1.85 0.22 1.65 0.24 167.35 0.017
H5-89 465712 6867047 Drill E38_3506 41.3 74 7.34 23.9 3.8 0.75 12 3 0.38 2.35 0.44 1.3 0.18 1.25 0.18 172.17 0.017
H5-129 465712 6867047 Drill E38_3506 35.1 68.9 6.9 23.1 3.65 0.6 9.4 2.8 0.34 1.95 0.34 1 0.14 0.95 0.14 155.31 0.016
H6-1 459542 6860262 Drill E38_3466 12.9 23.3 2.6 9.25 1.75 0.35 8.1 1.4 0.24 1.55 0.32 0.95 0.14 1 0.14 63.99 0.006
H6-10 459542 6860262 Drill E38_3466 25 26.1 2.6 7.4 1.35 0.25 5.4 1 0.16 1.05 0.22 0.65 0.1 0.75 0.12 72.15 0.007
H6-29 459542 6860262 Drill E38_3466 53.6 66.5 6.1 16.6 2.3 0.55 6.4 1.4 0.2 1.15 0.24 0.7 0.1 0.75 0.1 156.69 0.016
H6-55 459542 6860262 Drill E38_3466 39.5 67.1 6.82 22.3 3.3 0.7 6.9 2 0.26 1.35 0.26 0.75 0.1 0.65 0.08 152.07 0.015
H6-78 459542 6860262 Drill E38_3466 20.7 36.8 3.92 13.8 2.6 0.65 12.7 2.2 0.36 2.35 0.44 1.4 0.2 1.5 0.2 99.82 0.010
H6-89 459542 6860262 Drill E38_3466 17.9 31 3.22 11 2.25 0.6 9 1.8 0.26 1.6 0.34 1.05 0.14 1.05 0.14 81.35 0.008
H6-93 459542 6860262 Drill E38_3466 10.9 18.7 1.9 6.8 1.3 0.55 6.6 1.2 0.18 1.2 0.26 0.8 0.1 0.8 0.1 51.39 0.005
H6-105 459542 6860262 Drill E38_3466 31.1 56.3 6 20 3.45 0.7 11.9 2.8 0.38 2.25 0.42 1.25 0.16 1.2 0.16 138.07 0.014
H6-117 459542 6860262 Drill E38_3466 30.4 52.8 5.44 17.9 2.7 0.7 5.5 1.8 0.2 1.1 0.2 0.5 0.08 0.5 0.08 119.9 0.012
491355 526202 6803460 Drill E38_3302 28.9 49.4 5.12 17.3 2.45 0.75 4 1.4 0.16 0.85 0.14 0.35 0.04 0.35 0.06 111.27 0.011
491375 526202 6803460 Drill E38_3302 27 49.1 5.28 19.4 3.55 0.9 14.1 3.2 0.44 2.75 0.52 1.5 0.2 1.4 0.2 129.54 0.013
491377 526202 6803460 Drill E38_3302 24.5 42.9 4.42 15.1 2.2 0.75 4 1.4 0.16 0.85 0.14 0.4 0.06 0.35 0.06 97.29 0.010
VET-030 460718 6860246 Rock E38_3466 414 722 63.9 171 19.8 3 22.8 9.4 1 5.05 0.78 2.15 0.3 1.9 0.26 1437.34 0.144
VET-3X 460698 6860200 Rock E38_3466 2.9 6.7 0.54 1.85 0.65 0.25 5.6 0.6 0.14 1 0.22 0.65 0.1 0.75 0.1 22.05 0.002
VET-3V 460752 6860270 Rock E38_3466 4.3 11.6 0.98 3.75 1.4 0.35 11.6 1.4 0.32 2.25 0.44 1.45 0.26 1.8 0.3 42.2 0.004
VET-3Y 460725 6860200 Rock E38_3466 0.6 1.3 0.1 0.25 0.05 <0.05 0.2 <0.2 <0.02 <0.05 <0.02 <0.05 <0.02 <0.05 <0.02 2.5 0.000
LSS-01 524709 6800437 Soil E38_3302 10.9 22.3 2.44 8.6 1.8 0.4 6.6 1.4 0.24 1.45 0.26 0.8 0.12 0.8 0.12 58.23 0.006
LSS-02 524706 6800438 Soil E38_3302 164 809 42.5 141 25.3 5.9 48.9 15.8 2.08 11.4 1.86 5.1 0.64 4.1 0.5 1278.08 0.128

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Sample East North Type Tenement La Ce Pr Nd Sm Eu Y Gd Tb Dy Ho Er Tm Yb Lu TREE TREE
ID MGA MGA ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm %
LSS-03 525734 6803444 Soil E38_3302 13.5 35.7 3.32 11.9 2.4 0.55 8.2 1.8 0.28 1.65 0.32 0.9 0.16 0.95 0.24 81.87 0.008
LSS-04 515235 6817969 Soil E38_3511 15.5 29.4 3.48 12 2.5 0.5 8.8 1.8 0.26 1.6 0.32 1.05 0.12 0.85 0.12 78.3 0.008
LSS-05 515110 6818129 Soil E38_3511 12.7 27.5 2.9 9.7 2 0.45 8.1 1.6 0.26 1.65 0.32 1.05 0.16 1 0.16 69.55 0.007
LSS-06 514566 6819476 Soil E38_3511 8 19.4 1.76 6.05 1.2 0.25 4.4 1 0.14 0.85 0.16 0.55 0.06 0.5 0.06 44.38 0.004
LSS-07 512633 6821475 Soil E38_3511 7.5 14.8 1.74 5.7 1.25 0.25 4.6 0.8 0.14 0.9 0.16 0.6 0.08 0.5 0.08 39.1 0.004
LSS-08 513171 6821752 Soil E38_3511 0.5 1.3 0.1 0.4 0.05 <0.05 0.5 <0.2 <0.02 0.05 <0.02 <0.05 <0.02 0.05 <0.02 2.95 0.000
LSS-09 510022 6827032 Soil E38_3511 9.1 17.5 1.96 6.2 1.5 0.3 5.4 1 0.16 1.05 0.2 0.7 0.08 0.6 0.08 45.83 0.005
LSS-010 509058 6827107 Soil E38_3511 7.8 16 1.7 5.55 1.4 0.25 4.6 1 0.16 1.1 0.18 0.6 0.3 0.6 0.08 41.32 0.004
LSS-011 509896 6827187 Soil E38_3511 15.1 27.5 3.14 10.4 2.05 0.5 8.1 1.8 0.28 1.5 0.3 0.85 0.12 0.8 0.12 72.56 0.007
LSS-012 509833 6827262 Soil E38_3511 14.8 31.5 3.16 10.8 2.15 0.5 7.9 1.8 0.28 1.65 0.3 0.95 0.16 0.95 0.12 77.02 0.008
LSS-013 509761 6827347 Soil E38_3511 11.6 25.3 2.6 8.8 1.85 0.3 6.6 1.4 0.24 1.35 0.28 0.85 0.12 0.8 0.16 62.25 0.006
LSS-014 509702 6827414 Soil E38_3511 12.2 27.5 2.78 9.35 2.1 0.45 7 1.6 0.26 1.45 0.28 0.9 0.12 0.9 0.12 67.01 0.007
LSS-015 525651 6803073 Soil E38_3302 6.8 13.3 1.56 5.3 1.05 0.25 4.9 1 0.12 0.9 0.18 0.6 0.1 0.65 0.08 36.79 0.004
LSS-016 525611 6802884 Soil E38_3302 6.5 12.7 1.46 5.25 1.05 0.2 4.3 0.8 0.14 0.8 0.14 0.5 0.06 0.5 0.06 34.46 0.003
LSS-017 525582 6802744 Soil E38_3302 12.8 24.4 3.02 10.1 2.05 0.45 8.7 1.8 0.24 1.55 0.3 0.85 0.1 0.9 0.12 67.38 0.007
LSS-018 525516 6802423 Soil E38_3302 12.8 22.3 2.72 9.55 1.95 0.4 9.4 1.6 0.26 1.45 0.3 0.85 0.1 0.8 0.12 64.6 0.006
GWS-51 466450 6873131 Soil E38_3506 13.5 24.9 2.76 9.35 1.95 0.45 7.1 1.6 0.24 1.4 0.28 0.85 0.1 0.85 0.12 65.45 0.007
GWS-52 466549 6873127 Soil E38_3506 13.8 25.6 3.04 10.3 2.3 0.55 8.1 1.8 0.28 1.75 0.32 0.9 0.12 0.85 0.14 69.85 0.007
GWS-53 466465 6873074 Soil E38_3506 14.8 27.2 3.16 11.1 2.4 0.55 9.5 1.8 0.3 1.65 0.34 1.05 0.16 1.05 0.14 75.2 0.008
GWS-54 466481 6873086 Soil E38_3506 12.6 23 2.64 9.45 1.9 0.45 7.2 1.4 0.24 1.4 0.28 0.8 0.12 0.8 0.12 62.4 0.006
GWS-55 466488 6873180 Soil E38_3506 17.8 31 3.74 12.8 2.7 0.65 9.3 2 0.32 1.95 0.34 1.15 0.16 1 0.14 85.05 0.009
GWS-56 465579 6873152 Soil E38_3506 42.2 70.6 6.82 21.8 3.75 0.9 10.1 2.8 0.34 2.05 0.36 1.2 0.16 1.1 0.16 164.34 0.016
GWS-57 462217 6873197 Soil E38_3506 10.2 20.4 2.12 7.25 1.5 0.4 6.6 1.2 0.24 1.25 0.24 0.75 0.1 0.75 0.12 53.12 0.005
GWS-58 463199 6873799 Soil E38_3506 4.6 9 0.98 3.25 0.65 0.15 3.3 0.6 0.1 0.6 0.14 0.45 0.06 0.5 0.06 24.44 0.002
GWS-59 463176 6873781 Soil E38_3506 4.6 9.1 0.98 3.35 0.7 0.15 3.6 0.6 0.1 0.7 0.14 0.45 0.06 0.55 0.06 25.14 0.003
GWS-60 463117 6873348 Soil E38_3506 5 10 1.06 3.65 0.7 0.2 3.4 0.6 0.1 0.75 0.12 0.4 0.06 0.5 0.08 26.62 0.003
GWS-61 462667 6863944 Soil E38_3466 5.1 9.8 1.02 3.5 0.7 0.15 3.8 0.6 0.12 0.7 0.14 0.45 0.06 0.5 0.06 26.7 0.003
GWS-62 462719 6863825 Soil E38_3466 4.2 8 0.9 2.9 0.65 0.15 3.2 0.6 0.08 0.6 0.1 0.4 0.06 0.5 0.06 22.4 0.002
GWS-63 462763 6863727 Soil E38_3466 4.3 8.7 0.84 2.95 0.65 0.15 3.3 0.6 0.08 0.65 0.12 0.45 0.06 0.5 0.08 23.43 0.002
GWS-64 462793 6863613 Soil E38_3466 4.5 8.5 0.86 3.05 0.65 0.15 3.1 0.4 0.08 0.6 0.12 0.4 0.06 0.4 0.06 22.93 0.002
GWS-65 462827 6863512 Soil E38_3466 4 7.9 0.84 3.05 0.65 0.15 3.2 0.4 0.08 0.55 0.12 0.4 0.04 0.5 0.06 21.94 0.002
GWS-66 462862 6863420 Soil E38_3466 4.8 9.3 1.04 3.35 0.75 0.15 3.5 0.6 0.1 0.65 0.14 0.45 0.06 0.4 0.06 25.35 0.003
GWS-67 462905 6863345 Soil E38_3466 6.3 12.5 1.38 4.9 1.05 0.2 4.4 0.8 0.12 0.85 0.18 0.65 0.08 0.65 0.08 34.14 0.003
GWS-68 460643 6860118 Soil E38_3466 35 55 6.2 19.8 3.5 0.65 11.4 2.6 0.38 2.4 0.42 4.65 0.2 1.4 0.2 143.8 0.014
GWS-69 460700 6860167 Soil E38_3466 40.3 67.5 7.18 22.8 3.6 0.75 10.9 2.8 0.34 2.2 0.4 1.3 0.18 1.15 0.14 161.54 0.016
GWS-70 460696 6860214 Soil E38_3466 29.2 50.6 4.94 14.7 2.3 0.5 8 1.6 0.26 1.6 0.28 0.85 0.12 1.05 0.14 116.14 0.012
GWS-71 460694 6860269 Soil E38_3466 90.6 146 12.6 34.5 4.6 0.85 11.2 3 0.4 2.3 0.42 1.2 0.18 1.15 0.18 309.18 0.031
GWS-72 460700 6860320 Soil E38_3466 8.7 15.9 1.54 5 1.25 0.25 6.9 1 0.2 1.3 0.26 0.85 0.12 0.85 0.14 44.26 0.004
GWS-86 463596 6857048 Soil E38_3466 12.8 23.4 2.6 8.95 1.8 0.45 6.7 1.4 0.2 1.4 0.26 0.8 0.1 0.85 0.12 61.83 0.006

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Sample East North Type Tenement La Ce Pr Nd Sm Eu Y Gd Tb Dy Ho Er Tm Yb Lu TREE TREE
ID MGA MGA ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm %
GWS-87 477993 6855709 Soil E38_3507 9.8 14.7 2.06 7.75 1.55 0.3 6.8 1.2 0.18 1.2 0.24 0.7 0.1 0.7 0.1 47.38 0.005
GWS-88 478076 6855743 Soil E38_3507 13.9 27.6 2.92 10.3 2.05 0.45 8 1.6 0.26 1.6 0.3 0.9 0.12 0.9 0.12 71.02 0.007
GWS-89 477891 6855880 Soil E38_3507 13.9 24.4 2.88 10.3 2.1 0.45 8.1 1.8 0.26 1.55 0.3 0.95 0.16 1 0.12 68.27 0.007
GWS-90 477979 6855421 Soil E38_3507 11 20.1 2.18 7.65 1.55 0.3 6.6 1.4 0.18 1.2 0.24 0.75 0.1 0.8 0.1 54.15 0.005
GWS-91 477947 6855856 Soil E38_3507 12.8 23.2 2.58 8.85 1.8 0.4 7.6 1.4 0.24 1.45 0.28 0.85 0.12 0.9 0.12 62.59 0.006
GWS-92 483915 6857205 Soil E38_3507 16.8 29.2 3.46 12.4 2.45 0.5 9.5 2 0.32 1.85 0.34 1.1 0.16 1.05 0.14 81.27 0.008
GWS-93 483940 6857254 Soil E38_3507 13.1 22.7 2.68 9.4 1.9 0.45 7.6 1.6 0.26 1.55 0.28 0.85 0.1 0.85 0.12 63.44 0.006
GWS-94 483967 6857292 Soil E38_3507 9.7 17.6 2 6.8 1.4 0.3 5.7 1 0.16 1.1 0.2 0.65 0.08 0.7 0.1 47.49 0.005
GWS-95 483983 6857338 Soil E38_3507 9.7 18.4 2.1 7.35 1.45 0.3 6.2 1.2 0.16 1.2 0.24 0.75 0.08 0.75 0.1 49.98 0.005
GWS-97 557966 6841096 Soil E38_3509 24.7 49.9 4.64 14.5 2.2 0.45 2.9 1.2 0.14 0.75 0.12 0.4 0.04 0.35 0.04 102.33 0.010
GWS-98 557984 6841090 Soil E38_3509 16.7 30.9 3.06 9.85 1.55 0.3 3.3 1 0.12 0.75 0.12 0.45 0.06 0.5 0.06 68.72 0.007
GWS-99 558069 6841088 Soil E38_3509 6 10.4 1.06 3.6 0.7 0.15 2.7 0.6 0.08 0.55 0.1 0.3 0.04 0.35 0.06 26.69 0.003
GWS-100 558201 6841089 Soil E38_3509 4.1 7.6 0.8 2.85 0.6 0.1 2.8 0.4 0.08 0.55 0.1 0.3 0.04 0.4 0.06 20.78 0.002
GWS-101 558308 6841103 Soil E38_3509 4.5 8 0.9 3.15 0.7 0.15 3.6 0.6 0.08 0.65 0.12 0.5 0.08 0.6 0.08 23.71 0.002
GWS-102 558249 6841168 Soil E38_3509 3.4 6.4 0.7 2.35 0.5 0.1 2.4 0.4 0.06 0.5 0.08 0.25 0.04 0.35 0.04 17.57 0.002
GWS-103 572155 6840986 Soil E38_3509 4.8 11.6 1.02 3.55 0.75 0.15 3.6 0.6 0.1 0.7 0.14 0.45 0.06 0.55 0.08 28.15 0.003
GWS-104 573242 6841013 Soil E38_3509 4.6 10.7 1.04 3.65 0.8 0.15 3.5 0.6 0.1 0.7 0.12 0.5 0.06 0.5 0.08 27.1 0.003
GWS-105 573243 6840917 Soil E38_3509 4.4 9.9 0.94 3.25 0.65 0.15 3.2 0.6 0.1 0.75 0.12 0.4 0.06 0.4 0.06 24.98 0.002
GWS-106 573241 6840817 Soil E38_3509 4.7 10.2 1 3.5 0.75 0.15 3.3 0.6 0.08 0.7 0.12 0.45 0.06 0.5 0.06 26.17 0.003
GWS-107 573242 6840717 Soil E38_3509 4.4 8.9 0.86 3 0.65 0.1 3 0.6 0.08 0.6 0.12 0.4 0.06 0.4 0.06 23.23 0.002
GWS-108 573241 6840618 Soil E38_3509 3 5.8 0.6 2 0.45 0.1 2.3 0.4 0.06 0.45 0.08 0.3 0.04 0.3 0.04 15.92 0.002
GWS-109 573242 6840516 Soil E38_3509 3.6 7.3 0.7 2.45 0.5 0.1 2.7 0.4 0.08 0.55 0.1 0.3 0.06 0.4 0.04 19.28 0.002
GWS-110 573241 6840418 Soil E38_3509 4.7 9.7 0.98 3.4 0.7 0.15 3.3 0.6 0.08 0.65 0.12 0.45 0.06 0.55 0.06 25.5 0.003
GWS-111 573241 6840318 Soil E38_3509 4.6 12.7 0.98 3.45 0.75 0.15 3.4 0.6 0.1 0.65 0.12 0.45 0.06 0.4 0.06 28.47 0.003
GWS-112 573242 6840220 Soil E38_3509 6.1 16.5 1.32 4.6 1.05 0.2 4.6 0.8 0.14 0.85 0.16 0.55 0.08 0.65 0.08 37.68 0.004
GWS-113 573241 6840120 Soil E38_3509 4.5 12.8 0.96 3.25 0.75 0.15 3.3 0.6 0.1 0.65 0.12 0.45 0.06 0.5 0.06 28.25 0.003
GWS-114 573242 6840044 Soil E38_3509 3 7.7 0.64 2.3 0.5 0.1 2.6 0.4 0.06 0.45 0.1 0.3 0.04 0.4 0.06 18.65 0.002
483-12021 520850 6821800 Drill E38_3511 7.2 11 1.26 4.3 0.85 0.2 4.8 0.8 0.12 0.8 0.16 0.55 0.08 0.65 0.08 32.85 0.003
483-12728 520850 6821800 Drill E38_3511 64.6 85.3 8.12 24.5 3.55 0.75 6.1 2 0.26 1.45 0.2 0.65 0.08 0.55 0.08 198.19 0.020
483-23637 520850 6821800 Drill E38_3511 132 240 22.4 67.6 8.8 1.15 11.3 4.8 0.5 2.65 0.42 1.15 0.12 0.95 0.12 493.96 0.049
483-23839 520850 6821800 Drill E38_3511 138 249 24.1 71.9 10 1.25 13.7 5.4 0.66 2.95 0.5 1.4 0.2 1.05 0.14 520.25 0.052
483-24243 520850 6821800 Drill E38_3511 144 263 25.7 76.1 10.3 1.3 14.8 5.8 0.68 3.45 0.54 1.45 0.18 1.15 0.16 548.61 0.055
LSR-01 515246 6817942 Rock E38_3511 22.6 55.9 5.14 17.1 2.85 0.45 6.6 1.8 0.24 1.4 0.28 0.7 0.1 0.75 0.1 116.01 0.012
LSR-02 515021 6818378 Rock E38_3511 22.7 31.6 4.9 19.1 3.5 0.75 13.7 3 0.4 2.45 0.5 1.35 0.18 1.15 0.16 105.44 0.011
LSR-03 514212 6819879 Rock E38_3511 8.1 9.6 1.6 6.25 1.2 0.25 4.5 1 0.12 0.75 0.16 0.4 0.06 0.3 0.04 34.33 0.003
LSR-04 512729 6821216 Rock E38_3511 10 15.9 1.8 6.3 1.15 0.25 5.3 1 0.16 1.05 0.22 0.6 0.1 0.65 0.1 44.58 0.004
LSR-05 512631 6821476 Rock E38_3511 24.2 41.7 5.86 21.5 3.4 0.7 10.3 2.8 0.36 2.1 0.42 1.05 0.14 0.95 0.14 115.62 0.012
LSR-06 513131 6821768 Rock E38_3511 0.9 1.7 0.18 0.65 0.1 <0.05 0.5 <0.2 <0.02 0.1 <0.02 <0.05 <0.02 <0.05 <0.02 4.13 0.000
LSR-07 513179 6821742 Rock E38_3511 0.4 0.7 0.1 0.45 0.1 <0.05 0.4 <0.2 <0.02 0.1 <0.02 <0.05 <0.02 0.05 <0.02 2.3 0.000

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Sample East North Type Tenement La Ce Pr Nd Sm Eu Y Gd Tb Dy Ho Er Tm Yb Lu TREE TREE
ID MGA MGA ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm %
LSR-09 525752 6802074 Rock E38_3302 0.5 0.8 0.1 0.4 0.1 <0.05 0.3 <0.2 <0.02 0.05 <0.02 <0.05 <0.02 <0.05 <0.02 2.25 0.000
GWR-51 465581 6873142 Rock E38_3506 6 10.8 1.08 3.95 0.95 0.2 3 0.8 0.12 0.9 0.18 0.5 0.08 0.65 0.1 29.31 0.003
GWR-52 465581 6873142 Rock E38_3506 5.3 8.2 0.66 2.2 0.4 0.1 2.5 0.4 0.08 0.45 0.1 0.3 0.04 0.35 0.06 21.14 0.002
GWR-53 464016 6873159 Rock E38_3506 5.9 8.5 1.1 4.15 0.85 0.2 4.1 0.8 0.1 0.75 0.16 0.45 0.06 0.4 0.06 27.58 0.003
GWR-54 468040 6869469 Rock E38_3506 11.7 18.6 2.22 8.4 1.5 0.35 6.9 1.4 0.2 1.2 0.26 0.7 0.1 0.75 0.1 54.38 0.005
GWR-55 462719 6863825 Rock E38_3506 3.3 13.5 0.72 2.7 0.6 0.15 4.1 0.6 0.1 0.7 0.12 0.45 0.06 0.5 0.08 27.68 0.003
GWR-56 462794 6863594 Rock E38_3466 2.5 12.2 1 4.55 1.8 0.45 12.6 1.8 0.38 2.6 0.58 1.75 0.28 2.25 0.34 45.08 0.005
GWR-57 462683 6864051 Rock E38_3466 1.5 9.3 0.76 3.8 1.95 0.5 15.7 2 0.42 3 0.62 2 0.34 2.65 0.4 44.94 0.004
GWR-61 460717 6860249 Rock E38_3466 464 820 72.6 204 22.2 3.3 21.4 10 1.1 5.05 0.84 2.1 0.28 1.8 0.24 1628.91 0.163
GWR-63A 461652 6860064 Rock E38_3466 6 11.6 1.16 4 0.8 0.3 3.8 0.8 0.12 0.8 0.16 0.45 0.06 0.5 0.08 30.63 0.003
GWR-63B 461652 6860064 Rock E38_3466 4.5 8.6 0.86 3.1 0.55 0.15 3.5 0.6 0.1 0.7 0.12 0.45 0.06 0.45 0.08 23.82 0.002
GWR-64 465470 6858995 Rock E38_3466 80.9 98.2 7.92 24.1 4.65 0.85 15.9 3.6 0.62 3.85 0.72 2.15 0.34 2.5 0.34 246.64 0.025
GWR-65 478078 6855742 Rock E38_3507 25.4 34.1 5.84 23.8 4.25 0.9 19.4 3.8 0.5 2.95 0.62 1.65 0.2 1.35 0.18 124.94 0.012
GWR-66 483877 6857166 Rock E38_3507 16.7 24.6 3.3 12.5 2.3 0.5 8.5 1.8 0.28 1.7 0.32 0.95 0.12 0.85 0.12 74.54 0.007
GWR-67 483599 6859105 Rock E38_3507 24.9 31.5 4.18 15.7 2.7 0.55 11.6 2.4 0.34 2 0.44 1.25 0.14 1.05 0.16 98.91 0.010
GWR-68 558107 6841095 Rock E38_3509 18.3 26.8 3.44 12.7 2.2 0.4 7.6 1.8 0.24 1.4 0.28 0.8 0.1 0.8 0.1 76.96 0.008
GWR-69A 558107 6841095 Rock E38_3509 410 608 51 154 18.5 3 21.6 9.6 1.1 5.2 0.86 2.1 0.28 1.7 0.22 1287.16 0.129
GWR-70 560299 6841064 Rock E38_3509 49.1 97.1 12.1 44.5 8.45 1.75 20.3 6 0.88 4.7 0.8 2.2 0.34 1.95 0.28 250.45 0.025
GWR-71 568716 6841029 Rock E38_3509 81.8 115 15.4 50.8 7.2 1.25 12.6 4.6 0.54 2.75 0.5 1.35 0.18 1.25 0.18 295.4 0.030
GWR-72 569158 6841030 Rock E38_3509 9.8 22.4 1.92 6.6 1.2 0.25 4.3 0.8 0.16 1 0.22 0.65 0.1 0.8 0.12 50.32 0.005
Detection Limit 0.1 0.1 0.02 0.05 0.05 0.05 0.1 0.2 0.02 0.05 0.02 0.05 0.02 0.05 0.02
Assay Method ICP302

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APPENDIX II - JORC Compliance Table

Section 1 Sampling Techniques and Data

Criteria JORC Code Explanation Commentary
Sampling techniques Nature and quality of sampling (eg cut channels, random chips, or
specific specialised industry standard measurement tools appropriate to
the minerals under investigation, such as down hole gamma sondes, or
handheld XRF instruments, etc). These examples should not be taken as
limiting the broad meaning of sampling.
Include reference to measures taken to ensure sample representivity and
the appropriate calibration of any measurement tools or systems used.
Aspects of the determination of mineralisation that are Material to the
Public Report.
In cases where ‘industry standard’ work has been done this would be
relatively simple (eg ‘reverse circulation drilling was used to obtain 1 m
samples from which 3 kg was pulverised to produce a 30 g charge for fire
assay’). In other cases more explanation may be required, such as where
there is coarse gold that has inherent sampling problems. Unusual
commodities or mineralisation types (eg submarine nodules) may warrant
disclosure of detailed information.
Samples reported are a combination of randomly collected surface soil
samples, surface rock samples or chips from pre-existing drill holes completed
by other parties.
Sample size was variable and typically 1.5 – 3kg.
Drilling techniques Drill type (eg core, reverse circulation, open-hole hammer, rotary air
blast, auger, Bangka, sonic, etc) and details (eg core diameter, triple or
standard tube, depth of diamond tails, face-sampling bit or other type,
whether core is oriented and if so, by what method, etc).
Not applicable - no drilling completed
Drill sample recovery Method of recording and assessing core and chip sample recoveries and
results assessed.
Measures taken to maximise sample recovery and ensure representative
nature of the samples.
Whether a relationship exists between sample recovery and grade and
whether sample bias may have occurred due to preferential loss/gain of
fine/coarse material.
Not applicable – no drilling completed
Logging Whether core and chip samples have been geologically and
geotechnically logged to a level of detail to support appropriate Mineral
Resource estimation, mining studies and metallurgical studies.
Whether logging is qualitative or quantitative in nature. Core (or costean,
channel, etc) photography.
The total length andpercentage of the relevant intersections logged.
No systematic logging of the samples was completed.
Results are not suitable to support Mineral Resource estimation or other
studies.

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Criteria JORC Code Explanation Commentary
Sub-sampling
techniques and
sample preparation
If core, whether cut or sawn and whether quarter, half or all core taken.
If non-core, whether riffled, tube sampled, rotary split, etc and whether
sampled wet or dry.
For all sample types, the nature, quality and appropriateness of the
sample preparation technique.
Quality control procedures adopted for all sub-sampling stages to
maximise representivity of samples.
Measures taken to ensure that the sampling is representative of the in
situ material collected, including for instance results for field
duplicate/second-half sampling.
Whether sample sizes are appropriate to the grain size of the material
being sampled.
The sample sizes are considered appropriate for the styles of mineralisation
possible for the area.
Sample preparation was undertaken at Bureau Veritas Minerals, Canning Vale
laboratory, where the samples received were sorted and dried.
Primary preparation crushed each whole sample to 10mm (if required) and
then to 3mm. The samples were then split with a riffle splitter to obtain a sub-
fraction which was pulverised via robotic pulveriser. The resultant pulverised
material was placed in a barcoded sample packet for analysis. The barcoded
packet is scanned when weighing samples for their respective analysis.
Internal screen QAQC is done at 90% passing 75um.
Sample preparation is considered industry standard and appropriate.
Quality of assay data
and laboratory tests
The nature, quality and appropriateness of the assaying and laboratory
procedures used and whether the technique is considered partial or total.
For geophysical tools, spectrometers, handheld XRF instruments, etc,
the parameters used in determining the analysis including instrument
make and model, reading times, calibrations factors applied and their
derivation, etc.
Nature of quality control procedures adopted (eg standards, blanks,
duplicates, external laboratory checks) and whether acceptable levels of
accuracy (ie lack of bias) and precision have been established.
All assays were completed by Bureau Veritas Minerals.
All samples were analysed by method ICP302 for a multi-element REE suite
including La, Ce, Pr, Nd, Sm, Eu, Y, Gd, Tb, Dy, Ho, Er, Tm, Yb and Lu using
a multi-acid (4 acid) digestion with an ICP/MS finish.
The assay techniques are considered appropriate and are industry best
standard.
The techniques are considered to be a total digest for the relevant minerals.
An internal QAQC procedure involving the use of field duplicates and certified
reference materials (standards) was applied.
The certified reference materials used have a representative range of values
typical of low, moderate and high grade mineralisation. Standard results for
drilling demonstrated assay values are both accurate and precise. Duplicate
results suggest there is reasonable repeatabilitybetween samples.
Verification of
sampling and
assaying
The verification of significant intersections by either independent or
alternative company personnel.
The use of twinned holes.
Documentation of primary data, data entry procedures, data verification,
data storage (physical and electronic) protocols.
Discuss any adjustment to assay data.
Primary logging and assay data was recorded digitally and compiled into an
excel database.
There have been no adjustments to the assay data.
Location of data
points
Accuracy and quality of surveys used to locate drill holes (collar and
down-hole surveys), trenches, mine workings and other locations used in
Mineral Resource estimation.
Specification of the grid system used.
Quality and adequacy of topographic control.
Sample locations are based on handheld GPS instruments with accuracy ±3m.
The grid system used for location of all drill holes as shown in tables and on
figures is MGA Zone 51, GDA94.
Topographic control is based on published topographic maps.
Data spacing and
distribution
Data spacing for reporting of Exploration Results.
Whether the data spacing and distribution is sufficient to establish the
degree ofgeological andgrade continuity appropriate for the Mineral
Sample spacing is variable.
Results are not suitable to make geological and grade continuity assumptions
appropriate for Mineral Resource estimation.

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Criteria JORC Code Explanation Commentary
Resource and Ore Reserve estimation procedure(s) and classifications
applied.
Whether sample compositing has been applied.
Orientation of data in
relation to geological
structure
Whether the orientation of sampling achieves unbiased sampling of
possible structures and the extent to which this is known, considering the
deposit type.
If the relationship between the drilling orientation and the orientation of
key mineralised structures is considered to have introduced a sampling
bias, this should be assessed and reported if material.
Not applicable – relationship between surface samples and geological
structure is unknown.
Sample security The measures taken to ensure sample security. Sample chain of custody was managed by Tevel Pty Ltd and has not been
verified byMTM.
Audits or reviews The results of any audits or reviews of sampling techniques and data. No audit or review has been completed.

Section 2 Reporting of Exploration Results

(Criteria listed in the preceding section also apply to this section.)

Criteria JORC Code Explanation Commentary
Mineral tenement and
land tenure status
Type, reference name/number, location and ownership including
agreements or material issues with third parties such as joint ventures,
partnerships, overriding royalties, native title interests, historical sites,
wilderness or national park and environmental settings.
The security of the tenure held at the time of reporting along with any
known impediments to obtaining a licence to operate in the area.
The reported results relate to sampling completed on granted and pending
exploration licenses that are part of the MTM East Laverton Project.
Most tenements are held 100% by MTM, pursuant to purchase agreements
that have been completed with vendors of these tenements.
MTM have entered into an option and joint venture agreement with Tevel for
exploration licences E38/3462, E38/3466 and E38/3499 and can earn up to
75% interest in the tenements.
The tenements are held securely and no impediments to obtaining a licence to
operate have been identified.
Exploration done by
other parties
Acknowledgment and appraisal of exploration by other parties. Earliest exploration within the region focused on the presence of kimberlite
and uranium mineralisation within paleochannels, with only a limited number of
drillholes targeting the underlying greenstone terrain for gold mineralisation.
In the Pt Kidman area, exploration has been completed by Image Resources
NL (2001-2007); Crescent Gold Ltd (2007); Victory Mines Ltd (2012);
Resource Assets Pty Ltd and Redfeather Holdings Pty Ltd (2010-2014);
Empire Resources Ltd (2013) and Matsa Resources Ltd (2014).
Programs of geological mapping, geochemical sampling, regional geophysical
surveys and RAB or aircore drilling were locally completed.
Gold, nickel, base metal and REE anomalism has been defined in the area but
no deposits have been identified.

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Criteria JORC Code Explanation Commentary
Geology Deposit type, geological setting and style of mineralisation. The East Laverton Gold Project is located within the poorly understood
Burtville Terrane on the eastern edge of the Eastern Goldfields Superterrane.
The project area contains limited outcrop, with the bedrock geology
predominantly concealed by transported cover. Due to the area’s extensive
sedimentary cover, there has been little geological work in the area either by
exploration companies or government geological surveys, hampering the
geological understanding of the area.
The Pt Kidman area is considered prospective for orogenic gold, magmatic
nickel sulfide,VMS,REE and hardrock lithium mineralisation.
Drill hole Information A summary of all information material to the understanding of the
exploration results including a tabulation of the following information for
all Material drill holes, including Easting and northing of the drill hole
collar, Elevation or RL (Reduced Level – elevation above sea level in
metres) of the drill hole collar, dip and azimuth of the hole, down hole
length and interception depth plus hole length.
If the exclusion of this information is justified on the basis that the
information is not Material and this exclusion does not detract from the
understanding of the report, the Competent Person should clearly explain
why this is the case.
Not applicable – no drilling completed.
Data aggregation
methods
In reporting Exploration Results, weighting averaging techniques,
maximum and/or minimum grade truncations (eg cutting of high grades)
and cut-off grades are usually Material and should be stated.
Where aggregate intercepts incorporate short lengths of high grade
results and longer lengths of low grade results, the procedure used for
such aggregation should be stated and some typical examples of such
aggregations should be shown in detail.
The assumptions used for any reporting of metal equivalent values
should be clearly stated.
No data aggregation methods used other than a simple combined total
abundance of REE as shown in Appendix I.
No metal equivalent values have been reported.
Relationship between
mineralisation widths
and intercept lengths
These relationships are particularly important in the reporting of
Exploration Results.
If the geometry of the mineralisation with respect to the drill hole angle is
known, its nature should be reported.
If it is not known and only the down hole lengths are reported, there
should be a clear statement to this effect (eg ‘down hole length, true
width not known’).
Not applicable – no mineralisation widths reported.
Diagrams Appropriate maps and sections (with scales) and tabulations of intercepts
should be included for any significant discovery being reported. These
should include, but not be limited to a plan view of drill hole collar
locations and appropriate sectional views.
Refer to Figures included in the body of the announcement.

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Criteria JORC Code Explanation Commentary
Balanced reporting Where comprehensive reporting of all Exploration Results is not
practicable, representative reporting of both low and high grades and/or
widths should be practiced to avoid misleading reporting of Exploration
Results.
Comprehensive reporting of all results provided in Appendix I.
Other substantive
exploration data
Other exploration data, if meaningful and material, should be reported
including (but not limited to): geological observations; geophysical survey
results; geochemical survey results; bulk samples – size and method of
treatment; metallurgical test results; bulk density, groundwater,
geotechnical and rock characteristics; potential deleterious or
contaminating substances.
None.
Further work The nature and scale of planned further work (eg tests for lateral
extensions or depth extensions or large-scale step-out drilling).
Diagrams clearly highlighting the areas of possible extensions, including
the main geological interpretations and future drilling areas, provided this
information is not commercially sensitive.
Further regional geochemical sampling and aircore drilling to test the extent
and continuity of REE mineralisation.

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