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MOUNT RIDLEY MINES LIMITED Capital/Financing Update 2021

Oct 20, 2021

65372_rns_2021-10-20_5d3a49d9-45b8-4bda-a1df-3d85f996450a.pdf

Capital/Financing Update

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ASX ANNOUNCEMENT

ENCOURAGING RARE EARTH EXTRACTION RESULTS

21 October 2021

HIGHLIGHTS

  • 489 composite samples from 215 drill holes, representing 1,409 metres of drilling anomalous with rare earth elements (“ REE ”[1] ), re-assayed using a weak aqua regia[2] acid solution to indicate the proportion of readily soluble REE.

  • ”[3]

  • The test work indicated that at a grade of approximately 800ppm total rare earth oxides (“ TREO ), 80% of light REO[4] , 76% of heavy REO[5] and 80% of critical REO[6] was taken into solution under the conditions trialled.

  • An updated geological model suggests REE mineralisation occurs in Eocene-aged sediments of the Salmon Gums Plains, part of the on-shore Eucla basin.

  • Drill holes that have returned elevated REE extend over an area 25 kilometres long and 3 kilometres wide. Drilling is planned to further frame out the extent of mineralisation, which is currently open in all directions.

Mount Ridley’s Chairman Mr. Peter Christie commented:

“This analytical program was designed to give an early indication of whether the REE mineralisation was in a readily-soluble state and, while these results are indicative only, they exceeded our expectations and therefore encourages the Company to fully commit to advancing the Mount Ridley REE Project through drilling and more advanced metallurgical studies.”

PARTIAL DIGESTION RESULTS ARE EXTREMELY ENCOURAGING

Mount Ridley Mines Limited (ASX: MRD, “ MRD ” or “the Company ”) announced on 1 July 2021 that laterally extensive REE mineralisation had been identified at its namesake Mount Ridley Project[7] , near Esperance, Western Australia.

Work reported since then described the analysis of 1,108 composite samples, representing over 3,500m of drilling from 267 aircore holes, drilled between 2017 to 2019. Samples were specifically analysed for REE using a ‘total digest’ fusion technique (“Fusion”), designed to report the total amount of REE in each sample. Over 50% of the samples re-analysed contained significantly elevated REE.

The Company has now completed further analysis of 489 of the previously analysed samples using a ‘partial digest’ modified aqua regia digestion technique (“AR”), designed to analyse for soluble or loosely bound REE, typified by ionic adsorption clay REE deposits. (Sampled drill hole locations are listed in Table 5 and shown on Figures 9-12).

1 REE refers to 15 rare earth elements: cerium (Ce), dysprosium (Dy), erbium (Er), europium (Eu), gadolinium (Gd), holmium (Ho), lanthanum (La), lutetium (Lu), neodymium (Nd), praseodymium (Pr), samarium (Sm), terbium (Tb), thulium (Tm), ytterbium (Yb), and yttrium (Y).

2 AR means Weak aqua regia acid, a mix of 1 molar hydrochloric acid (HCl) and 1 molar nitric acid (HNO3).

3 TREO means the sum of the 15 REE, each converted to its respective element oxide equivalent using the formulae in Appendix 2 Section 2.

4 Light REO or LREO means Light Rare Earth Oxides; the sum of La2O3, CeO2, Pr6O11, Nd2O3, Sm2O3, Eu2O3.

5 Heavy REO or HREO means Heavy Rare Earth Oxides; the sum of Gd2O3, Tb4O7, Dy2O3Ho2O3, Er2O3, Tm2O3, Yb2O3, Lu2O3, Y2O3.

6 Critical or CREO means Critical Rare Earth Oxides; the sum of Dy2O3, Eu2O3, Nd2O3, Tb4O7, and Y2O3

7 Mount Ridley Mines Limited announcements to ASX 1 July 2021,2 August 2021, 13 September 2021

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Table 1 compares length-weighted drill hole intersection grades when analysed by Fusion, with the modified aqua regia digestion (AR) technique result. Individual REE results have been converted and aggregated to give the TREO for each method, and the “Recovery” - the proportion extracted by AR.

Table 1:
Selected Drill Hole Intersections(TREO x Intersection > 10,000ppm)
Table 1:
Selected Drill Hole Intersections(TREO x Intersection > 10,000ppm)
Table 1:
Selected Drill Hole Intersections(TREO x Intersection > 10,000ppm)
Winston’s Fusion Aqua Regia Recovery
MRAC0590: 24 to 36m 12m at 1,231ppm TREO 12m at 1,107ppm TREO 89.90%
MRAC0593: 24 to 30m 6m at 2,006ppm TREO 6m at 1,980ppm TREO 98.70%
MRAC0605: 36 to 47m 11m at 1,623ppm TREO 11m at 1,488ppm TREO 91.70%
MRAC0617: 24 to 36m 12m at 1,540ppm TREO 12m at 1,224ppm TREO 79.50%
MRAC0637: 16 to 23m 7m at 1,338ppm TREO 7m at 1,141ppm TREO 85.30%
MRAC0638: 24 to 40m 16m at 1,581ppm TREO 16m at 1,109ppm TREO 70.10%
MRAC0721: 52 to 68m 16m at 2,119ppm TREO 16m at 1,718ppm TREO 81.10%
MRAC0439: 40 to 48m 8m at 2,349ppm TREO 8m at 1,871ppm TREO 79.65%
MRAC0456: 28 to 38m 10m at 1,850ppm TREO 10m at 1,385ppm TREO 74.86%
MRAC0632: 4 to 17m 13m at 1,289ppm TREO 13m at 940ppm TREO 72.92%
MRAC0474: 32 to 50m 18m at 879ppm TREO 18m at 788ppm TREO 89.65%
MRAC0471: 28 to 39m 11m at 1,259ppm TREO 11m at 1,107ppm TREO 87.93%
MRAC0726: 40 to 47m 7m at 1,857ppm TREO 7m at 1,470ppm TREO 79.16%
MRAC0667: 36 to 40m 4m at 3,044ppm TREO 4m at 2,513ppm TREO 82.56%
MRAC0441: 20 to 25m 5m at 2,301ppm TREO 5m at 2,009ppm TREO 87.31%
Keith’s
MRAC0484: 32 to 40m 8m at 3,357ppm TREO 8m at 1,916ppm TREO 57.10%
MRAC0514: 16 to 21m 5m at 1,261ppm TREO 5m at 1,150ppm TREO 91.20%
MRAC0518: 16 to 21m 5m at 3,950ppm TREO 5m at 2,627ppm TREO 66.50%
MRAC0568: 32 to 38m 6m at 1,882ppm TREO 6m at 1,720ppm TREO 91.40%
MRAC0695: 24 to 40m 16m at 1,136ppm TREO 16m at 996ppm TREO 87.70%
MRAC0711: 16 to 24m 8m at 2,792ppm TREO 8m at 2,215ppm TREO 79.30%
Marcellus
MRAC0679: 16 to 28m 12m at 914ppm TREO 12m at 833ppm TREO 91.10%
Tyrrell’s
MRAC0684: 24 to 31m 7m at 1,503ppm TREO 7m at 903ppm TREO 60.10%

Note: Drilling intersections calculated used a minimum cut off of 300ppm TREO (Fusion), minimum thickness 1m, maximum internal dilution of 4m (single sample composite) and no external dilution.

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Table 2 and Figure 1 compare the length-weighted average grade of the 489 samples analysed initially by Fusion, the follow-up analysis by AR (each element analysis converted to its respective rare earth oxide (“REO”) equivalent) and the Recovery by AR.

Table 2: Table 2: Table 2: Table 2: Table 2: Table 2: Table 2: Table 2: Table 2: Table 2:
Comparison of Length-Weighted Average REO Grades of 489 samples byFusion and byAR.
Critical Critical Critical Critical Critical
Light Light Light Light Light Light Heavy Heavy Heavy Heavy Heavy Heavy Heavy Heavy Heavy
Method La2O3 CeO2 Pr6O11 Sm2O3 Nd2O3 Eu2O3 Tb4O7 Dy2O3 Y2O3 Gd2O3 Ho2O3 Er2O3 Tm2O3 Yb2O3 Lu2O3
ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm
Fusion 108.81 155.43 31.93 31.62 138.29 11.46 5.18 31.03 206.91 34.25 6.37 17.86 2.39 14.61 2.18
AR 75.68 116.12 26.99 28.27 123.06 10.80 4.28 26.78 149.86 30.77 5.05 14.45 1.75 10.98 1.53
Recovery 70% 75% 85% 89% 89% 94% 83% 86% 72% 90% 79% 81% 73% 75% 70%

FIGURE 1: COMPARISON OF FUSION WITH AQUA REQIA EXTRACTION FOR REO

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----- Start of picture text -----

Fusion AR
206.91
155.43
149.86
138.29
123.06
116.12
108.81
75.68
31.93 26.99 31.62 28.27 31.03 26.78 34.25 30.77
11.46 10.80 17.86 14.45 14.61 10.98
5.18 4.28 6.37 5.05 2.39 1.75 2.18 1.53
----- End of picture text -----

Figure 1: Comparison of Fusion with Aqua Regia extraction for REO

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Table 3 and Figure 2 compare the relative distribution of each REO, plus aggregated light, heavy and critical REO.

Table 3:
Comparison of the Distribution of REO(“Basket”)of 489 samples byFusion and byAR.
Table 3:
Comparison of the Distribution of REO(“Basket”)of 489 samples byFusion and byAR.
Table 3:
Comparison of the Distribution of REO(“Basket”)of 489 samples byFusion and byAR.
Table 3:
Comparison of the Distribution of REO(“Basket”)of 489 samples byFusion and byAR.
Table 3:
Comparison of the Distribution of REO(“Basket”)of 489 samples byFusion and byAR.
Table 3:
Comparison of the Distribution of REO(“Basket”)of 489 samples byFusion and byAR.
Table 3:
Comparison of the Distribution of REO(“Basket”)of 489 samples byFusion and byAR.
Table 3:
Comparison of the Distribution of REO(“Basket”)of 489 samples byFusion and byAR.
Table 3:
Comparison of the Distribution of REO(“Basket”)of 489 samples byFusion and byAR.
Table 3:
Comparison of the Distribution of REO(“Basket”)of 489 samples byFusion and byAR.
Table 3:
Comparison of the Distribution of REO(“Basket”)of 489 samples byFusion and byAR.
Table 3:
Comparison of the Distribution of REO(“Basket”)of 489 samples byFusion and byAR.
Table 3:
Comparison of the Distribution of REO(“Basket”)of 489 samples byFusion and byAR.
Table 3:
Comparison of the Distribution of REO(“Basket”)of 489 samples byFusion and byAR.
Table 3:
Comparison of the Distribution of REO(“Basket”)of 489 samples byFusion and byAR.
Table 3:
Comparison of the Distribution of REO(“Basket”)of 489 samples byFusion and byAR.
Critical Critical Critical Critical Critical
Light Light Light Light Light Light Heavy Heavy Heavy Heavy Heavy Heavy Heavy Heavy Heavy
Distribution La2O3 CeO2 Pr6O11 Sm2O3 Nd2O3 Eu2O3 Tb4O7 Dy2O3 Y2O3 Gd2O3 Ho2O3 Er2O3 Tm2O3 Yb2O3 Lu2O3
Fusion 13.6% 19.5% 4.0% 4.0% 17.3% 1.4% 0.7% 3.9% 25.9% 4.3% 0.8% 2.2% 0.3% 1.8% 0.3%
Light 59.8% Critical 49.2% Heavy 40.2%
Distribution La2O3 CeO2 Pr6O11 Sm2O3 Nd2O3 Eu2O3 Tb4O7 Dy2O3 Y2O3 Gd2O3 Ho2O3 Er2O3 Tm2O3 Yb2O3 Lu2O3
AR 12.1% 18.5% 4.3% 4.5% 19.7% 1.7% 0.7% 4.3% 23.9% 4.9% 0.8% 2.3% 0.3% 1.8% 0.2%
Light 60.8% Critical 50.3% Heavy 39.2%
La2O3 12.1%
CeO2 18.5%
Pr6O11 4.3%
Sm2O3 4.5%
Nd2O3 19.7%
Eu2O3 1.7%
Tb4O7 0.7%
Dy2O3 4.3%
Y2O3 23.9%
Gd2O3 4.9%
Ho2O3 0.8%
Er2O3 2.3%
Tm2O3 0.3% Yb2O3 1.8%
Lu2O3 0.2%
FIGURE 2: DISTRIBUTION OF RARE EARTH OXIDE
- PARTIAL DIGESTION (AR) -

Figure 2: Distribution of Rare Earth Oxides following partial digestion (by weak Aqua Regia) extraction and analysis.

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PROJECT OUTLOOK

Litho-geochemistry and Mineralogy

A comprehensive geological and litho-geochemical study is progressing to differentiate recent sediments, Eocene sediments and Proterozoic basement, and their respective relationship with REE mineralisation.

This research and development study involves the use of infra-red (SWIR and ATR-FT-IR) technology to determine clay minerology and whole rock litho-geochemistry, and microXRF for mineral and rock identification. Over 800 samples from 1 kilometre-spaced drill traverses covering a 21 km strike length of mineralisation form the basis of the study.

It is important to identify the REE mineralogy and whether the REE are adsorbed to the clays or exist as more refractory primary or secondary minerals. The large sample set is expected to be sufficient detailed to indicate any regional variability that may exist.

Mineralogy and Metallurgy

Clay-hosted REE deposits may have multiple phases of mineralisation including the targeted ionic adsorption clay, colloidal clay, and refractory primary minerals (or mixtures of each). The results of the AR digestion show that a high proportion of the REE is extractable using a weak acid solution.

Classical ionic adsorption clay deposits are processed by leaching with a salt solution at a weakly acidic pH. The salt solution alternatives include sodium chloride, ammonium chloride, ammonium sulphate and magnesium sulphate, with magnesium sulphate preferred on environmental grounds.

The next phase of work, using new drill samples, will be designed to determine if the RE elements can be extracted by salt solutions under weakly acidic conditions i.e., pH 4-5.

In parallel, testwork will be conducted on a number of samples to understand the leachability of REE versus acid strength, e.g., pH 5, 4, 3, 2, 1. It should be possible to estimate acid consumption rates required for leaching based on these results.

Drilling

Planning is also continuing for an extensive aircore drill program, which will include:

  • Re-drilling some of the holes that terminated in REE mineralisation.

  • Extending drilling traverses where mineralisation remains open.

  • Reconnaissance drilling to test other regional targets.

  • Core drilling (the Company is considering the use of sonic drilling, a technique effective in poorly consolidated rocks) to provide in-tact core for regolith studies, geotechnical and metallurgical testing, and to test the quality of some of the significantly mineralised, aircore holes drilled in previous campaigns.

Environment and Heritage

Most areas slated for drilling have been drilled for other commodities before, and therefore there is a body of existing environmental protection and heritage protection work in existence on the tenements. The forthcoming drilling program is designed to generally use existing cleared tracks.

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Updates to existing flora, and fauna surveys are in progress, and Heritage Protection Surveys are being reviewed prior to updates that may be required, focusing on the identified target areas and extensions to known REE mineralisation.

When completed satisfactorily, reports from these are to be submitted to the DMIRS to support the Company’s program of works (POW) applications.

ABOUT THE MOUNT RIDLEY REE PROJECT

The Mount Ridley Project is located approximately 35 kilometres northeast of the deep-water port of Esperance, a town with approximately 12,000 people and a hub for tourism, agriculture, and fishing (Figure 3). The Port exports minerals including nickel concentrates, iron ore and spodumene.

The Project is approximately 20 kilometres east of the sealed Goldfields Esperance Highway and infrastructure corridor which includes the Kalgoorlie-Esperance railway line and gas pipeline. The Esperance airport is located at Gibson Soak, also approximately 20 kilometres from the Project. The Company holds eight granted exploration licences and 1 exploration licence application covering approximately 3,400 km[2] (inclusive of areas under application).

REE mineralisation occurs as large, horizontal, near surface, sheet-like lenses up to a depth of 89 metres. Drill holes have returned elevated REE over an area 25 kilometres long and 3 kilometres wide to date and mineralisation is open in all directions. Clusters of mineralised drill holes have been allocated prospect names (Figures 4 - 7).

It is postulated that REE mineralisation is hosted in Eocene-aged sediments, part of the onshore Eucla Basin, forming the Salmon Gums Plain. Patchy lower grade mineralisation occurs within more recent cover, which may vector towards stronger REE mineralisation deeper within sedimentary profile.

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Figure 3: Mount Ridley Project location and tenements.

Geological Survey of Western Australia (DMIRS) mapping[8] shows that basement rocks that underlay the Mount Ridley Project are of the Recherche Super-suite, which is described as “granitic and mafic gneiss: may include intrusions of Esperance super-suite”.

8 (DMIRS) Department of Mines, Industry Regulation and Safety 1:100,000 Interpreted Bedrock Geology

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Figure 4: Named Prospect Areas based on clusters of mineralized drill holes.

From the analyses received to date, REE grades at the Mount Ridley Project compare favourably to the Ugandan Makuutu REE Project resource[9] (Ionic Rare Earths Ltd, ASX: IXR earning 60%) which has a reported JORC Inferred and Indicated Resource of 78.6Mt at 840ppm TREO (cut-off grade 250ppm TREO). MRD has not yet defined a Resource defined in accordance with the JORC code.

Table 4: Table 4: Table 4: Table 4: Table 4: Table 4: Table 4: Table 4:
Comparison of the Distribution of REE(“Basket”)for the Makuutu Project10
Critical Critical Critical Critical Critical
Light Light Light Light Light Light Heavy Heavy Heavy Heavy Heavy Heavy Heavy Heavy Heavy
Distribution La2O3 CeO2 Pr6O11 Sm2O3 Nd2O3 Eu2O3 Tb4O7 Dy2O3 Y2O3 Gd2O3 Ho2O3 Er2O3 Tm2O3 Yb2O3 Lu2O3
Reported 13.5% 13.5% 5.5% 23.2% 0.9% 0.6% 3.7% 25.4% 4.7% 4.4% 0.7% 2.0% 0.3% 1.3% 0.2%
Light 61.3% Critical 53.8% Heavy 38.6%

9 Ionic Rare Earths Limited announcement to ASX dated 3 March 2021. 10 Ionic Rare Earths Limited Paydirt Battery Minerals Conference, 2 June 2021, slide 4.

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Figure 5: Cross Section through Winston's Prospect. Central northing is 6,321,750mN.

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Figure 6: Cross Section through Winston's Prospect. Central northing is 6,324,500mN.

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Figure 7: Cross section through Keith’s Prospect. Central northing is 6,314,500mN.

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The Company acknowledges the Esperance Nyungar People, custodians of the Project area.

This announcement has been authorised for release by the Company’s board of directors.

For further information, please contact:

Peter Christie Chairman +61 8 6165 8858

David Crook Technical Manager +61 8 6165 8858

ABOUT MOUNT RIDLEY MINES LIMITED

Mount Ridley is a company targeting demand driven metals in Western Australia.

Its namesake Mount Ridley Project, located within a Frazer Range sub-basin, was initially acquired for its nickel and copper sulphides potential, and is now recognised as being prospective for ionic clay REE deposits.

The Mount Riley project comprises 8 granted and 1 applied-for exploration licences with an area of approximately 3,400km[2] , located from 35 kilometres north of the deep water port of Esperance, Western Australia.

The Company also holds approximately 18% of the Weld Range West Iron Project in the mid-west of Western Australia. Areas of the tenements are also prospective for gold.

Competent Person

The information in this report that relates to exploration strategy and results is based on information supplied to and compiled by Mr David Crook. Mr Crook is a consulting geologist retained by Mount Ridley Limited. Mr Crook is a member of The Australasian Institute of Mining and Metallurgy and the Australian Institute of Geoscientists and has sufficient experience which is relevant to the exploration processes undertaken to qualify as a Competent Person as defined in the 2012 Editions of the ‘Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves’.

Caution Regarding Forward Looking Information

This announcement may contain forward-looking statements that may involve a number of risks and uncertainties. These forward-looking statements are expressed in good faith and believed to have a reasonable basis. These statements reflect current expectations, intentions or strategies regarding the future and assumptions based on currently available information. Should one or more of the risks or uncertainties materialise, or should underlying assumptions prove incorrect, actual results may vary from the expectations, intentions and strategies described in this announcement. No obligation is assumed to update forward looking statements if these beliefs, opinions, and estimates should change or to reflect other future developments.

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APPENDIX 1A : Drill Hole Collar Locations. All Holes drilled vertically (Dip n= -90[o] , azimuth = 0[o] )

Table 5 Table 5
Drill Hole Collar Locations
Hole ID East North Depth
(m) (m) (m)
MRAC0438 426337 6318098 45
MRAC0439 426826 6318157 48
MRAC0440 426762 6318233 53
MRAC0441 426698 6318310 25
MRAC0442 426634 6318387 44
MRAC0443 428308 6320293 53
MRAC0445 428180 6320447 53
MRAC0446 428153 6320561 46
MRAC0450 427868 6320813 52
MRAC0451 428651 6319873 51
MRAC0453 428756 6319757 45
MRAC0454 428820 6319680 43
MRAC0455 428434 6319360 38
MRAC0456 428370 6319437 38
MRAC0458 428242 6319590 55
MRAC0459 428178 6319667 46
MRAC0460 428114 6319743 23
MRAC0461 428050 6319820 45
MRAC0463 426250 6318847 35
MRAC0467 425994 6319153 72
MRAC0470 427214 6319257 18
MRAC0471 427472 6319730 39
MRAC0472 427986 6319897 42
MRAC0473 427922 6319973 48
MRAC0474 426892 6318937 51
MRAC0475 426956 6318783 42
MRAC0476 427278 6319103 27
MRAC0482 423327 6315613 35
MRAC0483 423246 6315650 38
MRAC0484 423143 6315720 45
MRAC0485 423072 6315782 42
MRAC0488 422591 6315571 40
MRAC0492 422867 6315285 21
MRAC0498 423276 6314859 34
MRAC0499 422455 6314997 21
MRAC0502 422653 6314795 31
MRAC0503 422741 6314762 23
MRAC0507 422573 6314159 24
MRAC0510 422177 6314379 18
MRAC0511 422297 6314445 14
MRAC0513 422122 6314549 25
MRAC0514 421992 6314657 22
MRAC0518 422403 6315086 21
MRAC0520 422230 6315217 38
MRAC0521 420824 6312384 34
Table 5 Table 5
Drill Hole Collar Locations
Hole ID East North Depth
(m) (m) (m)
MRAC0522 420754 6312455 22
MRAC0523 420692 6312524 30
MRAC0524 420624 6312597 36
MRAC0526 420458 6312734 27
MRAC0527 420314 6312806 31
MRAC0528 420293 6312885 28
MRAC0529 420268 6312967 21
MRAC0532 420476 6313444 26
MRAC0538 420737 6313007 12
MRAC0539 420877 6312973 22
MRAC0540 421038 6312879 41
MRAC0541 421108 6312805 26
MRAC0542 421200 6312727 22
MRAC0543 421527 6313103 25
MRAC0544 421458 6313170 34
MRAC0545 421381 6313228 12
MRAC0551 420954 6313666 27
MRAC0554 421172 6314161 25
MRAC0556 421327 6314016 21
MRAC0557 421396 6313941 12
MRAC0559 421535 6313797 12
MRAC0560 421596 6313728 17
MRAC0561 421660 6313665 9
MRAC0563 421815 6313508 35
MRAC0564 421883 6313443 37
MRAC0567 422089 6313945 41
MRAC0568 422026 6314018 38
MRAC0569 421953 6314088 13
MRAC0573 421678 6314325 30
MRAC0574 421595 6314356 27
MRAC0576 429709 6321339 45
MRAC0577 429610 6321285 50
MRAC0578 429626 6321185 52
MRAC0579 429646 6321118 52
MRAC0580 429720 6321061 57
MRAC0582 430471 6321627 56
MRAC0584 430591 6321477 46
MRAC0585 430655 6321455 41
MRAC0586 430409 6321694 55
MRAC0587 430940 6321847 39
MRAC0588 430880 6321927 27
MRAC0589 430808 6321965 24
MRAC0590 430748 6322046 47
MRAC0591 431021 6321770 28
MRAC0593 431153 6321630 31
MRAC0596 431374 6321442 21
MRAC0597 431451 6321456 20
MRAC0598 431371 6321896 27

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Table 5 Table 5
Drill Hole Collar Locations
Hole ID East North Depth
(m) (m) (m)
MRAC0599 431335 6321986 39
MRAC0600 431343 6322048 28
MRAC0601 431380 6322115 32
MRAC0603A 431218 6322280 37
MRAC0603B 431110 6322416 30
MRAC0604 431156 6322355 40
MRAC0605 432369 6322773 48
MRAC0606 432315 6322843 46
MRAC0607 432244 6322863 36
MRAC0608 431955 6323003 42
MRAC0609 431932 6323091 46
MRAC0611 431980 6323224 40
MRAC0612 431910 6323296 45
MRAC0613 431834 6323379 52
MRAC0615 431701 6323520 52
MRAC0617 432151 6323791 45
MRAC0618 432216 6323700 33
MRAC0620 432357 6323564 13
MRAC0622 432474 6323418 20
MRAC0623 432540 6323337 15
MRAC0624 432612 6323296 17
MRAC0628 433048 6323532 28
MRAC0629 432997 6323602 29
MRAC0630 432914 6323692 31
MRAC0631 432850 6323754 21
MRAC0632 432777 6323836 17
MRAC0635 432582 6324057 23
MRAC0636 432523 6324129 23
MRAC0637 432447 6324196 24
MRAC0638 433266 6324887 41
MRAC0639 433327 6324805 36
MRAC0641 433384 6324657 33
MRAC0642 433455 6324593 34
MRAC0643 433509 6324517 45
MRAC0644 433585 6324437 48
MRAC0646 433706 6324285 29
MRAC0647 433798 6324217 33
MRAC0648 433862 6324140 48
MRAC0651 433354 6323934 31
MRAC0653 433227 6324088 39
MRAC0654 433155 6324178 33
MRAC0656 433019 6324350 38
MRAC0657 432950 6324388 47
MRAC0658 432882 6324465 58
MRAC0660 423649 6312868 55
MRAC0662 423117 6312278 43
MRAC0663 422701 6312051 43
MRAC0664 422612 6311632 44
Table 5 Table 5
Drill Hole Collar Locations
Hole ID East North Depth
(m) (m) (m)
MRAC0666 422091 6311062 52
MRAC0667 419048 6308697 50
MRAC0668 419458 6308688 26
MRAC0669 419861 6308691 38
MRAC0670 420250 6308696 48
MRAC0671 420656 6308684 30
MRAC0672 421052 6308693 36
MRAC0673 416213 6306665 22
MRAC0675 416799 6306065 26
MRAC0676 417131 6305884 29
MRAC0677 417437 6305607 56
MRAC0678 417740 6305374 34
MRAC0679 418085 6305269 29
MRAC0683 419271 6311159 20
MRAC0684 419193 6311213 32
MRAC0689 417440 6309084 35
MRAC0690 422079 6313965 52
MRAC0692 422148 6314030 37
MRAC0693 422132 6314053 37
MRAC0694 422119 6314073 42
MRAC0695 422103 6314092 41
MRAC0696 422079 6314108 35
MRAC0697 422057 6314125 31
MRAC0698 422043 6314141 21
MRAC0699 422026 6314160 15
MRAC0705 421977 6313929 14
MRAC0706 421990 6313908 24
MRAC0707 422008 6313894 22
MRAC0708 422029 6313877 39
MRAC0709 422061 6313978 48
MRAC0711 422009 6314033 24
MRAC0712 421990 6314053 29
MRAC0720 428284 6319702 58
MRAC0721 428302 6319685 68
MRAC0722 428320 6319667 59
MRAC0724 428213 6319632 48
MRAC0726 428160 6319685 47
MRAC0727 428143 6319702 44
MRAC0728 428125 6319720 38
MRAC0729 428036 6319667 21
MRAC0730 428054 6319649 26
MRAC0731 428072 6319632 36
MRAC0732 428089 6319614 32
MRAC0733 428107 6319596 39
MRAC0758 416402 6329486 81
MRAC0759 416103 6329265 83
MRAC0763 415699 6329046 76
MRAC0774 415602 6328697 89
Depth
(m)
75
85
86
76
85
80
93
73
68
72
71
67
72
71
39
27
51
32
45
42
48
41
25
45
22
29
Table 5
Drill Hole Collar Locations
Hole ID East North Depth
(m) (m) (m)
MRAC0776 416009 6328693 75
MRAC0781 415497 6328498 85
MRAC0783 415607 6329047 86
MRAC0784 415800 6329049 76
MRAC0785 416000 6329045 85
MRAC0788 416401 6328897 80
MRAC0789 416201 6328890 93
MRAC0791 416050 6328894 73
MRAC0793 415797 6328897 68
MRAC0794 415604 6328891 72
MRAC0795 415497 6328698 71
MRAC0797 415902 6328691 67
MRAC0801 416000 6328496 72
MRAC0802 415802 6328496 71
MRAC0822 415997 6328300 39
MRAC0828 415100 6327500 27
MRAC0831 415400 6327512 51
MRAC0850 442472 6320856 32
MRAC0851 441172 6319192 45
MRAC0852 440443 6318254 42
MRAC0853 436876 6324566 48
MRAC0854 436949 6324514 41
MRAC0855 437039 6324455 25
MRAC0856 437119 6324406 45
MRAC0857 437193 6324350 22
MRAC0858 437287 6324296 29

==> picture [209 x 71] intentionally omitted <==

Hole locations by hand-held GPS. Grid is GDA94 zone 52

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==> picture [651 x 461] intentionally omitted <==

Figure 8: Mount Ridley North REE Prospect

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==> picture [651 x 461] intentionally omitted <==

Figure 9: Winston's REE Prospect (North)

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==> picture [651 x 461] intentionally omitted <==

Figure 10: Winston's REE Prospect (South)

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==> picture [651 x 461] intentionally omitted <==

Figure 11: Keith's REE Prospect

==> picture [134 x 45] intentionally omitted <==

==> picture [651 x 461] intentionally omitted <==

Figure 12: Tyrrell's and Marcellus' REE Prospects

==> picture [134 x 45] intentionally omitted <==

APPENDIX 1B . Rare Earth Element Assays

Table 6 Table 6 Table 6
Rare Earth Element AssayResults
Hole ID From To Sample La Ce Pr Nd Sm Y Dy Er Eu Gd Ho Lu Tb Tm Yb
(m) (m) Aqua Regia ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm
MRAC0438 40 44 MR10465 250.0 171.5 69.9 329.0 67.7 314.0 70.4 34.2 25.7 78.5 12.9 3.1 10.5 3.9 22.4
MRAC0438 44 45 MR10466 105.5 67.0 26.3 125.0 26.2 134.5 25.2 13.2 9.9 26.9 4.6 1.2 3.7 1.5 9.0
MRAC0439 40 44 MR10479 240.0 329.0 101.0 451.0 97.3 400.0 81.6 42.0 41.2 89.6 15.4 4.5 12.7 5.1 32.1
MRAC0439 44 47 MR10480 115.5 107.5 32.9 165.0 39.6 289.0 49.3 27.3 18.8 51.8 10.0 2.9 6.7 3.2 20.0
MRAC0439 47 48 MR10482 190.0 233.0 68.5 355.0 85.3 500.0 118.0 71.6 44.9 125.5 23.9 6.0 17.4 7.4 41.4
MRAC0440 0 4 MR10483 71.0 74.4 20.8 106.0 25.4 174.0 28.2 15.8 11.6 30.8 5.4 1.5 4.2 1.8 10.9
MRAC0440 32 36 MR10491 19.8 38.1 7.0 36.3 9.7 35.0 8.0 4.3 3.8 9.0 1.4 0.5 1.2 0.6 3.9
MRAC0440 36 40 MR10492 32.4 44.5 9.5 48.5 11.9 64.7 10.6 5.7 4.9 12.8 2.0 0.6 1.7 0.7 4.5
MRAC0441 20 24 MR10503 230.0 167.5 85.0 418.0 83.9 373.0 69.5 30.9 43.2 95.9 12.6 2.6 11.5 3.3 19.3
MRAC0441 24 25 MR10504 220.0 224.0 73.9 367.0 77.6 490.0 85.9 51.6 43.6 102.0 17.4 4.5 13.6 5.3 31.0
MRAC0442 0 4 MR10505 47.0 32.3 10.4 51.6 11.4 80.4 10.5 5.7 5.6 13.5 2.0 0.5 1.7 0.6 3.7
MRAC0442 36 40 MR10514 8.1 172.5 2.5 11.4 2.9 19.1 4.3 3.0 1.3 3.4 0.9 0.4 0.6 0.4 3.1
MRAC0442 40 43 MR10515 36.1 84.9 10.1 50.6 12.2 68.1 12.1 6.9 5.2 13.7 2.3 0.8 1.8 0.9 5.9
MRAC0442 43 44 MR10516 153.5 164.0 47.4 237.0 52.9 306.0 55.1 27.1 23.1 64.5 10.3 2.6 7.9 3.1 18.9
MRAC0443 0 4 MR10517 98.8 78.0 28.5 141.0 30.3 207.0 29.0 15.7 12.6 35.4 5.5 1.4 4.5 1.8 10.3
MRAC0445 48 52 MR10560 68.7 122.5 23.4 112.0 24.3 119.0 20.3 11.4 7.2 23.7 3.8 1.2 3.2 1.4 8.8
MRAC0446 0 4 MR10563 38.0 78.7 12.3 59.0 14.7 93.0 15.5 8.4 4.5 16.3 2.9 0.9 2.3 1.0 6.6
MRAC0446 45 46 MR10575 12.7 137.5 5.6 26.4 7.6 30.9 7.7 4.8 2.3 6.8 1.4 0.8 1.1 0.7 5.6
MRAC0450 36 40 MR10628 12.1 54.8 3.3 12.3 2.0 8.2 1.2 0.7 0.4 1.7 0.2 0.1 0.2 0.1 0.5
MRAC0450 44 48 MR10630 53.2 48.2 12.6 56.4 13.2 66.5 13.1 6.6 4.7 14.3 2.3 0.7 2.0 0.8 5.1
MRAC0450 48 51 MR10631 78.7 110.0 16.7 63.1 12.8 34.4 8.6 3.7 3.8 11.0 1.4 0.3 1.5 0.4 2.7
MRAC0450 51 52 MR10632 47.2 65.7 9.7 41.2 9.1 29.9 7.1 3.3 2.7 8.3 1.2 0.3 1.2 0.4 2.6
MRAC0451 48 50 MR10645 65.2 27.2 21.8 93.4 22.0 50.6 13.6 5.5 9.9 16.6 2.1 0.5 2.3 0.7 4.3
MRAC0451 50 51 MR10646 66.5 33.2 22.1 95.0 21.5 49.6 14.0 5.9 9.5 17.1 2.2 0.7 2.3 0.7 5.1
MRAC0453 44 45 MR10671 69.1 121.0 22.2 107.0 25.5 149.5 26.6 15.0 8.6 27.7 5.0 1.6 4.0 1.8 11.9
MRAC0454 36 40 MR10681 27.0 83.4 10.3 48.0 11.3 17.6 6.1 2.5 4.7 8.1 0.9 0.2 1.1 0.3 2.0
MRAC0454 40 42 MR10682 123.0 282.0 41.7 215.0 50.7 273.0 55.5 27.9 31.8 59.2 10.4 3.3 7.7 3.6 24.4
MRAC0455 32 36 MR10694 36.6 130.0 10.6 49.8 12.2 52.5 12.1 7.0 5.1 12.1 2.2 1.0 1.8 1.0 6.9
MRAC0455 36 37 MR10695 186.0 83.9 91.1 447.0 118.0 205.0 78.6 31.4 49.4 89.7 12.3 3.7 13.5 4.2 29.2
MRAC0455 37 38 MR10696 47.6 30.1 21.0 101.0 22.5 62.5 18.3 9.3 8.9 19.1 3.1 1.4 2.8 1.3 9.9
MRAC0456 12 16 MR10700 4.3 5.8 1.0 3.9 0.9 2.5 0.7 0.5 0.3 0.7 0.1 0.1 0.1 0.1 0.6
MRAC0456 16 20 MR10701 4.5 9.7 1.2 5.0 1.4 4.3 1.6 1.1 0.6 1.2 0.3 0.3 0.2 0.2 1.9
MRAC0456 28 32 MR10704 137.5 225.0 56.8 293.0 69.4 202.0 58.3 24.9 33.8 71.3 8.9 2.7 8.8 3.1 20.0
MRAC0456 32 36 MR10705 200.0 100.0 72.3 373.0 87.8 308.0 76.0 32.9 42.8 96.5 13.1 3.1 13.2 3.8 23.2
MRAC0456 36 37 MR10706 54.6 42.8 20.7 105.5 25.8 105.5 22.9 11.6 12.2 26.8 4.1 1.2 3.6 1.4 9.0
MRAC0456 37 38 MR10707 63.0 49.2 24.4 123.5 29.6 120.5 26.2 13.1 14.1 30.7 4.7 1.4 4.2 1.6 10.2
MRAC0458 40 44 MR10729 7.6 32.8 2.7 12.9 3.7 50.4 6.0 4.2 1.3 5.0 1.3 0.5 0.8 0.5 3.3

==> picture [134 x 45] intentionally omitted <==

Table 6 Table 6 Table 6
Rare Earth Element AssayResults
Hole ID From To Sample La Ce Pr Nd Sm Y Dy Er Eu Gd Ho Lu Tb Tm Yb
(m) (m) Aqua Regia ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm
MRAC0458 44 48 MR10730 77.2 44.5 33.6 157.5 40.3 282.0 52.9 28.9 13.0 46.2 10.4 3.2 6.9 3.5 23.4
MRAC0458 48 52 MR10731 61.2 15.4 25.4 114.0 26.4 110.5 21.9 11.4 8.0 24.7 4.0 1.2 3.4 1.4 9.0
MRAC0459 44 45 MR10745 220.0 95.2 161.0 838.0 221.0 500.0 200.0 104.5 76.9 241.0 37.2 8.6 33.2 11.5 69.6
MRAC0459 45 46 MR10746 210.0 86.0 124.0 644.0 175.5 500.0 176.0 95.0 61.6 212.0 33.5 7.4 28.1 10.5 57.9
MRAC0460 0 4 MR10747 40.2 15.1 12.0 61.9 15.5 101.5 14.9 7.6 5.4 18.9 2.8 0.6 2.4 0.8 4.7
MRAC0460 8 12 MR10749 35.8 28.6 9.6 46.7 11.5 70.0 11.0 5.6 3.9 13.6 2.0 0.5 1.8 0.6 3.7
MRAC0460 20 22 MR10752 47.8 119.0 23.2 125.0 32.5 152.0 32.6 16.9 13.0 37.6 5.9 1.8 5.1 2.1 13.9
MRAC0461 36 40 MR10763 125.5 223.0 31.2 133.0 22.3 86.0 16.0 8.1 7.2 19.9 2.8 0.8 2.6 0.9 6.0
MRAC0463 32 34 MR10788 127.0 148.5 53.3 245.0 58.2 178.5 49.5 23.8 16.6 53.0 7.9 3.2 7.2 3.2 23.9
MRAC0463 34 35 MR10789 73.8 80.5 29.4 137.0 32.2 118.5 27.5 14.8 9.3 28.5 4.9 2.1 4.2 2.0 15.1
MRAC0467 44 48 MR10834 59.3 135.5 21.6 107.5 29.8 312.0 58.3 35.6 11.1 46.2 12.6 4.0 7.2 4.4 29.1
MRAC0467 48 52 MR10835 21.5 48.6 6.9 34.5 10.9 142.0 20.9 14.2 4.3 16.1 4.4 1.6 2.7 1.7 11.3
MRAC0470 16 17 MR10858 23.0 96.1 6.2 28.3 7.2 26.5 6.7 3.9 2.9 6.7 1.2 0.5 1.0 0.5 3.9
MRAC0470 17 18 MR10859 146.0 500.0 48.3 229.0 51.7 153.5 37.1 16.6 20.4 51.5 6.2 1.6 6.3 2.0 12.8
MRAC0471 28 32 MR10867 13.1 89.7 5.4 27.5 7.7 31.0 6.8 3.6 2.6 7.4 1.2 0.4 1.1 0.5 3.2
MRAC0471 32 36 MR10868 80.4 80.4 34.7 177.0 44.5 269.0 48.7 27.4 16.8 56.6 9.3 2.9 7.3 3.3 21.6
MRAC0471 36 39 MR10869 209.0 190.5 74.8 385.0 96.2 500.0 126.5 73.8 40.9 134.0 25.6 6.9 19.4 7.8 53.8
MRAC0472 36 40 MR10880 92.5 121.0 25.7 117.0 25.0 139.5 22.1 11.8 8.9 25.8 4.1 1.2 3.4 1.4 9.1
MRAC0472 40 41 MR10881 71.9 94.3 20.7 96.4 20.8 134.5 20.3 11.2 7.5 23.0 3.9 1.2 3.1 1.3 8.7
MRAC0473 36 40 MR10892 91.9 159.0 34.6 159.0 39.3 120.0 29.4 14.2 16.7 32.8 5.1 1.5 4.7 1.8 12.1
MRAC0473 40 44 MR10893 69.8 105.5 19.2 94.3 23.9 201.0 33.3 20.4 11.0 32.4 6.6 2.4 4.7 2.5 17.0
MRAC0474 32 36 MR10904 24.5 88.3 7.3 30.6 6.1 20.5 4.0 2.2 1.8 4.9 0.7 0.3 0.6 0.3 1.9
MRAC0474 36 40 MR10905 75.7 128.5 29.0 162.5 40.0 247.0 46.3 24.2 18.1 54.5 8.4 2.6 6.8 2.9 18.5
MRAC0474 40 44 MR10906 126.0 113.0 34.0 153.5 31.0 434.0 48.2 31.0 12.2 48.0 11.2 3.1 6.2 3.4 20.1
MRAC0474 44 48 MR10907 52.6 35.8 13.7 61.4 15.9 240.0 23.3 16.2 5.6 21.5 5.2 1.6 3.2 1.8 11.0
MRAC0474 48 50 MR10908 45.9 54.6 16.9 71.5 18.8 261.0 25.7 18.0 7.0 23.6 5.7 1.8 3.5 2.0 12.1
MRAC0475 36 40 MR10919 195.0 109.0 57.0 272.0 54.5 254.0 41.9 21.0 20.3 60.9 7.7 1.7 6.8 2.2 12.9
MRAC0475 40 41 MR10920 54.1 45.2 10.3 49.1 10.7 84.2 9.8 5.3 3.9 13.5 1.9 0.4 1.6 0.6 3.2
MRAC0475 41 42 MR10921 71.6 93.9 14.6 62.2 11.9 65.0 8.5 4.5 3.8 12.1 1.6 0.4 1.4 0.5 2.8
MRAC0476 0 4 MR10923 216.0 53.7 54.1 266.0 53.4 241.0 37.9 16.7 20.4 62.4 6.6 1.1 6.6 1.7 9.0
MRAC0476 4 8 MR10924 4.5 3.9 1.1 5.1 1.1 4.8 0.8 0.4 0.4 1.2 0.1 0.0 0.1 0.0 0.3
MRAC0476 12 16 MR10926 5.2 75.5 2.2 10.5 3.3 18.7 4.3 3.1 1.2 3.3 0.9 0.5 0.6 0.4 3.8
MRAC0476 16 20 MR10927 10.2 279.0 3.4 16.6 4.4 32.5 5.9 3.9 1.8 5.1 1.2 0.6 0.8 0.5 3.9
MRAC0476 20 24 MR10928 36.7 105.5 15.7 96.7 30.6 345.0 67.0 40.5 15.9 52.6 14.2 4.6 8.1 4.8 34.3
MRAC0476 24 26 MR10929 22.4 50.1 7.8 42.5 12.9 132.5 21.8 13.8 6.3 17.5 4.4 1.6 2.9 1.7 12.0
MRAC0476 26 27 MR10930 38.1 84.0 12.8 68.1 20.0 173.5 31.7 19.3 9.9 27.1 6.3 2.2 4.4 2.3 16.7
MRAC0482 20 24 MR10993 11.5 32.4 3.7 15.8 3.2 8.0 2.0 0.9 0.8 2.4 0.3 0.1 0.3 0.1 0.7
MRAC0482 32 34 MR10996 52.6 117.5 21.7 112.0 26.2 145.5 26.2 15.2 11.8 25.6 5.0 1.7 3.8 1.8 13.1
MRAC0483 28 32 MR12032 70.1 99.0 21.6 99.7 25.9 320.0 45.6 29.6 12.0 35.8 9.8 2.7 5.9 3.2 19.2

==> picture [134 x 45] intentionally omitted <==

Table 6 Table 6 Table 6
Rare Earth Element AssayResults
Hole ID From To Sample La Ce Pr Nd Sm Y Dy Er Eu Gd Ho Lu Tb Tm Yb
(m) (m) Aqua Regia ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm
MRAC0483 32 36 MR12033 31.5 42.9 7.7 37.8 9.8 90.4 12.0 7.3 3.4 11.7 2.4 0.8 1.7 0.8 5.7
MRAC0484 32 36 MR12044 200.0 241.0 225.0 1000.0 295.0 330.0 188.5 82.2 105.0 234.0 30.9 7.3 32.5 9.7 65.7
MRAC0484 36 40 MR12045 22.5 24.2 9.0 47.5 12.1 41.1 9.5 5.2 4.2 10.1 1.7 0.7 1.4 0.7 4.9
MRAC0484 44 45 MR12047 40.7 81.8 17.9 84.3 21.1 77.5 16.5 8.2 5.9 18.3 2.9 0.9 2.6 1.0 6.8
MRAC0485 0 4 MR12048 26.6 68.8 9.8 48.2 12.3 55.5 10.9 6.1 2.8 11.2 2.1 0.7 1.6 0.7 5.0
MRAC0485 36 40 MR12058 24.8 52.7 8.0 38.8 9.5 49.1 8.4 4.8 2.9 8.8 1.6 0.5 1.2 0.6 4.0
MRAC0485 40 41 MR12059 39.2 68.5 9.9 49.6 13.1 190.0 21.5 15.4 4.5 18.6 4.8 1.7 2.9 1.8 11.9
MRAC0488 36 39 MR12094 66.8 81.6 10.6 48.0 9.6 120.0 11.5 6.8 4.9 13.3 2.5 0.6 1.7 0.7 4.4
MRAC0492 12 16 MR12120 1.5 5.5 0.9 4.5 1.5 3.9 1.5 0.8 0.5 1.1 0.3 0.1 0.2 0.1 1.0
MRAC0492 16 20 MR12121 30.7 98.8 13.6 66.9 16.7 44.6 11.8 6.0 6.5 13.2 2.1 0.8 1.9 0.7 5.7
MRAC0492 20 21 MR12122 83.0 243.0 44.6 227.0 53.3 171.5 41.5 19.8 21.5 52.2 7.1 2.2 6.5 2.3 16.6
MRAC0498 32 33 MR12153 37.8 191.0 12.5 55.1 12.7 33.6 8.5 4.2 4.5 8.9 1.5 0.5 1.3 0.5 3.7
MRAC0499 16 20 MR12159 33.3 83.1 12.3 57.6 13.8 21.8 7.6 3.0 4.5 9.6 1.1 0.3 1.3 0.4 2.4
MRAC0502 24 28 MR12179 40.4 56.6 15.2 75.7 19.6 64.4 15.4 7.6 7.3 16.6 2.7 0.9 2.4 0.9 6.8
MRAC0502 28 30 MR12180 72.2 121.5 21.0 94.8 23.8 178.5 27.9 16.3 9.8 27.2 5.5 1.7 4.0 1.8 12.7
MRAC0503 20 22 MR12188 137.0 110.0 48.9 214.0 43.7 122.5 26.9 12.6 15.4 32.5 4.5 1.3 4.5 1.4 9.9
MRAC0507 20 23 MR12227 99.0 91.2 27.9 120.0 23.3 82.0 16.3 8.3 10.3 19.2 2.9 0.9 2.6 0.9 6.6
MRAC0510 12 16 MR12252 79.8 154.0 29.1 127.0 24.8 48.2 13.0 5.9 9.1 16.4 2.2 0.6 2.2 0.7 4.9
MRAC0510 16 17 MR12253 33.7 54.3 9.0 41.8 9.6 67.2 10.8 6.5 3.8 10.1 2.2 0.8 1.5 0.8 5.7
MRAC0511 12 13 MR12258 67.0 145.5 19.6 75.4 15.5 32.6 9.7 4.1 3.9 11.8 1.6 0.4 1.6 0.5 3.3
MRAC0513 24 25 MR12274 112.5 134.0 32.2 155.5 36.3 271.0 45.2 26.2 14.8 48.5 8.9 2.6 6.5 2.9 19.1
MRAC0514 16 20 MR12280 111.0 251.0 41.3 209.0 47.1 231.0 44.7 24.3 18.3 51.6 8.5 2.6 6.7 2.8 19.6
MRAC0514 20 21 MR12281 46.3 101.0 14.9 76.5 19.4 153.5 22.9 14.6 6.8 22.8 4.8 1.6 3.3 1.7 11.9
MRAC0518 16 20 MR12306 160.0 320.0 98.7 587.0 167.5 480.0 162.0 78.9 72.0 206.0 29.0 7.2 26.4 8.3 61.2
MRAC0518 20 21 MR12307 89.4 149.0 34.9 212.0 57.7 324.0 78.0 38.7 25.5 80.4 14.7 4.2 10.7 4.6 31.6
MRAC0520 36 37 MR12324 142.0 245.0 29.5 122.5 20.0 115.0 17.4 9.5 5.8 19.5 3.3 0.9 2.6 1.0 6.8
MRAC0521 32 33 MR12334 46.0 37.8 10.6 48.8 11.2 80.8 12.7 6.5 4.0 14.7 2.2 0.7 1.8 0.7 4.7
MRAC0522 20 21 MR12341 30.9 46.6 9.1 40.7 8.7 34.7 7.7 3.7 2.9 9.3 1.3 0.4 1.2 0.4 2.8
MRAC0523 24 28 MR12350 82.5 122.5 26.3 122.0 24.4 118.0 21.1 10.5 9.6 25.7 3.5 1.0 3.1 1.2 7.5
MRAC0524 16 20 MR12407 1.7 5.9 1.0 4.6 1.2 3.7 1.0 0.6 0.3 1.1 0.2 0.1 0.1 0.1 0.5
MRAC0524 28 32 MR12410 4.2 9.9 1.5 7.6 1.9 11.0 2.0 1.2 1.2 2.2 0.4 0.2 0.3 0.1 1.1
MRAC0526 24 26 MR12428 57.0 113.5 13.2 53.8 11.1 44.8 9.6 4.5 4.6 11.3 1.5 0.4 1.4 0.5 3.2
MRAC0526 26 27 MR12429 42.3 87.3 9.8 39.9 8.3 33.7 7.4 3.5 3.3 8.7 1.2 0.4 1.1 0.4 2.6
MRAC0527 12 16 MR12433 50.1 155.0 21.4 91.1 22.5 74.7 18.0 9.0 9.4 20.7 2.9 1.1 2.7 1.1 7.9
MRAC0527 16 20 MR12434 45.1 95.3 13.7 69.6 16.7 117.5 17.6 11.0 9.0 19.0 3.2 1.4 2.4 1.3 9.3
MRAC0527 20 24 MR12435 23.4 55.2 7.6 37.1 9.0 57.1 10.0 6.2 4.5 10.5 1.9 0.8 1.4 0.8 5.7
MRAC0528 16 20 MR12444 18.0 52.0 7.5 40.0 10.6 83.1 12.0 7.2 3.8 12.3 2.2 0.8 1.6 0.9 5.9
MRAC0528 20 24 MR12445 50.8 92.0 14.8 83.6 20.2 185.5 28.6 17.1 7.2 30.9 5.4 1.9 3.8 2.0 13.3
MRAC0529 16 20 MR12452 53.6 73.6 16.1 68.0 14.5 41.7 9.5 4.9 4.0 11.9 1.6 0.6 1.4 0.6 3.9

==> picture [134 x 45] intentionally omitted <==

Table 6 Table 6 Table 6
Rare Earth Element AssayResults
Hole ID From To Sample La Ce Pr Nd Sm Y Dy Er Eu Gd Ho Lu Tb Tm Yb
(m) (m) Aqua Regia ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm
MRAC0529 20 21 MR12453 162.5 96.5 53.9 229.0 41.4 120.0 25.1 10.9 11.5 34.3 3.8 1.0 4.1 1.2 7.7
MRAC0532 20 24 MR12475 38.2 78.3 11.0 53.2 13.4 108.0 16.4 9.5 4.6 16.6 3.0 1.0 2.2 1.1 7.4
MRAC0538 11 12 MR12502 72.6 119.5 19.1 83.6 18.2 47.5 12.0 4.9 6.1 15.5 1.8 0.4 1.9 0.5 3.3
MRAC0539 16 20 MR12508 63.0 44.2 9.5 46.7 10.6 105.0 13.6 8.5 4.5 15.4 2.6 1.1 1.9 1.0 7.0
MRAC0540 24 28 MR12518 78.3 98.1 25.6 96.0 21.2 100.0 19.6 9.5 7.2 22.7 3.2 0.9 2.9 1.1 6.8
MRAC0540 28 32 MR12519 46.6 63.4 8.4 36.3 6.7 40.7 6.1 3.4 2.2 8.1 1.1 0.4 0.9 0.4 2.4
MRAC0540 32 36 MR12520 31.2 41.8 5.2 23.6 4.9 46.5 5.8 3.7 1.5 6.6 1.1 0.5 0.8 0.4 2.9
MRAC0541 16 20 MR12527 71.5 72.8 15.8 74.0 17.0 154.0 20.3 11.4 6.9 22.4 3.7 1.0 2.8 1.2 7.3
MRAC0542 8 12 MR12534 165.5 216.0 70.2 349.0 74.3 254.0 78.0 30.7 28.5 87.9 10.5 3.2 10.1 3.6 24.6
MRAC0542 20 21 MR12537 33.8 42.6 5.9 27.6 6.3 51.1 7.0 4.2 2.3 8.3 1.3 0.5 1.0 0.5 3.2
MRAC0543 12 16 MR12542 17.9 69.6 8.3 37.5 9.1 36.6 8.1 4.5 3.1 8.6 1.4 0.6 1.1 0.5 3.9
MRAC0544 16 20 MR12550 44.6 62.8 11.7 53.8 12.1 72.7 13.3 7.1 4.9 14.4 2.3 0.7 1.9 0.8 5.4
MRAC0544 20 24 MR12551 46.9 82.8 12.8 59.3 14.6 85.6 16.7 9.2 5.9 16.6 2.9 1.0 2.3 1.1 7.6
MRAC0544 24 28 MR12552 96.3 44.4 30.9 138.5 27.7 132.0 24.3 11.1 10.8 30.5 3.9 1.0 3.7 1.2 7.5
MRAC0544 28 32 MR12553 65.0 39.4 11.0 51.2 10.6 138.5 13.1 7.7 4.7 16.3 2.5 0.6 1.8 0.8 4.3
MRAC0545 11 12 MR12559 34.4 72.7 10.0 46.8 11.0 40.2 10.5 5.1 3.5 11.6 1.7 0.5 1.5 0.6 4.3
MRAC0551 16 20 MR12576 61.9 76.4 22.8 87.5 20.3 125.0 17.2 9.3 6.4 19.5 3.0 0.8 2.5 1.0 5.7
MRAC0551 20 24 MR12577 55.3 63.3 14.1 65.4 15.2 117.0 17.8 9.9 5.2 19.3 3.2 1.0 2.5 1.1 7.0
MRAC0551 24 26 MR12578 133.5 198.0 51.1 244.0 48.4 196.5 39.7 18.6 15.5 58.6 6.3 1.8 6.2 2.1 13.6
MRAC0551 26 27 MR12579 58.0 64.3 12.5 62.9 15.7 217.0 29.2 19.4 5.8 27.0 5.7 2.4 3.7 2.3 15.9
MRAC0554 20 24 MR12593 86.9 185.5 36.7 162.0 33.6 128.5 29.1 14.2 10.3 32.6 4.7 1.4 4.2 1.6 10.9
MRAC0554 24 25 MR12594 35.0 88.8 10.4 42.0 8.8 32.9 7.7 3.7 2.4 9.2 1.4 0.4 1.3 0.5 2.9
MRAC0556 12 16 MR12610 20.3 53.1 8.2 38.4 10.3 92.1 15.7 10.4 3.7 12.7 3.4 1.3 2.2 1.4 9.1
MRAC0556 16 20 MR12611 76.8 177.5 24.8 113.5 28.7 151.5 30.7 16.1 9.8 35.1 5.8 1.7 5.0 2.0 12.3
MRAC0556 20 21 MR12612 58.0 149.5 19.4 83.7 19.1 71.6 16.6 8.1 5.2 19.4 3.0 0.9 2.8 1.0 6.4
MRAC0557 11 12 MR12617 24.1 87.2 7.6 31.7 6.3 19.5 4.1 2.0 1.9 5.5 0.8 0.2 0.7 0.2 1.3
MRAC0559 8 11 MR12624 29.3 54.0 9.3 42.6 10.4 46.5 10.4 5.5 3.7 11.8 1.9 0.6 1.7 0.7 4.4
MRAC0559 11 12 MR12625 22.8 41.1 7.1 33.0 8.0 39.7 8.4 4.7 2.7 9.6 1.6 0.6 1.4 0.6 3.9
MRAC0560 12 16 MR12629 31.1 61.2 11.1 50.9 13.8 193.0 25.4 19.3 6.5 19.9 5.9 2.6 3.4 2.6 16.4
MRAC0560 16 17 MR12630 98.1 81.8 26.8 124.0 29.4 189.5 31.1 17.3 11.8 38.4 6.2 1.9 5.1 2.1 12.3
MRAC0561 8 9 MR12634 430.0 114.5 106.0 449.0 96.6 411.0 81.3 42.3 44.5 107.0 15.8 3.8 14.5 4.9 27.0
MRAC0563 28 32 MR12652 76.6 108.5 26.7 119.5 30.2 200.0 34.2 20.7 13.0 35.4 7.1 2.4 5.3 2.7 16.0
MRAC0563 32 34 MR12653 43.2 57.7 11.9 55.4 13.7 118.0 18.9 11.5 5.7 19.5 3.9 1.3 2.9 1.5 8.8
MRAC0564 32 36 MR12663 112.0 188.0 28.7 123.5 27.1 118.0 23.9 11.8 10.9 31.0 4.5 1.1 4.1 1.4 8.3
MRAC0567 32 36 MR12690 99.5 56.6 32.9 138.5 31.3 104.5 23.8 11.7 13.2 31.1 4.3 1.3 4.1 1.5 9.2
MRAC0567 36 40 MR12691 40.5 56.7 10.9 48.6 11.4 73.9 11.8 6.9 6.2 13.4 2.4 0.8 1.9 0.9 5.2
MRAC0568 16 20 MR12698 5.4 29.9 2.7 14.3 4.7 18.3 5.5 3.3 1.9 4.9 1.1 0.5 0.8 0.5 3.7
MRAC0568 20 24 MR12699 12.6 61.8 7.2 37.3 11.2 68.0 14.2 9.0 5.0 13.7 2.9 1.2 2.1 1.2 8.1
MRAC0568 32 36 MR12702 360.0 75.1 85.8 379.0 77.2 420.0 64.3 33.3 32.7 92.1 12.7 2.9 11.5 3.7 20.7

==> picture [134 x 45] intentionally omitted <==

Table 6 Table 6 Table 6
Rare Earth Element AssayResults
Hole ID From To Sample La Ce Pr Nd Sm Y Dy Er Eu Gd Ho Lu Tb Tm Yb
(m) (m) Aqua Regia ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm
MRAC0568 36 37 MR12703 53.4 40.0 15.1 72.8 19.5 301.0 35.1 25.5 9.0 32.6 8.6 3.0 4.9 3.2 19.6
MRAC0568 37 38 MR12704 194.5 54.0 50.2 224.0 50.1 460.0 61.7 38.9 22.1 70.2 13.2 4.2 9.6 4.6 27.6
MRAC0569 12 13 MR12708 90.8 163.0 22.8 83.9 16.2 34.8 10.1 3.9 5.3 13.4 1.6 0.3 1.9 0.4 2.5
MRAC0573 16 20 MR12722 36.5 59.2 16.5 86.1 22.0 84.0 19.2 9.0 9.2 25.6 3.5 0.8 3.3 1.1 6.4
MRAC0573 20 24 MR12723 21.4 52.1 7.4 33.6 8.5 39.8 8.1 4.3 3.1 9.4 1.5 0.5 1.3 0.6 3.5
MRAC0573 24 28 MR12724 27.8 59.6 7.9 35.0 8.5 47.1 7.9 4.3 2.8 9.3 1.5 0.5 1.3 0.5 3.2
MRAC0573 28 29 MR12725 33.3 80.2 10.4 46.8 10.9 49.9 9.5 4.9 3.3 11.6 1.8 0.5 1.6 0.6 3.6
MRAC0573 29 30 MR12726 30.0 75.1 10.1 46.1 11.1 47.8 9.6 4.8 2.8 11.8 1.8 0.5 1.6 0.6 3.5
MRAC0574 20 24 MR12732 57.7 90.1 18.6 80.1 18.9 71.0 16.4 8.2 5.5 19.3 3.1 0.9 2.7 1.1 6.6
MRAC0574 24 26 MR12733 42.3 74.9 11.2 48.7 11.4 124.5 15.6 10.8 3.5 15.4 3.5 1.3 2.3 1.4 8.5
MRAC0576 44 45 MR12756 38.5 93.1 12.4 55.5 12.9 76.8 13.3 8.0 4.7 14.7 2.7 1.0 2.1 1.0 6.5
MRAC0577 40 44 MR12769 22.6 53.3 7.4 35.9 9.4 76.1 13.5 9.4 4.0 12.4 3.0 1.2 1.9 1.3 8.3
MRAC0577 44 48 MR12770 23.0 52.3 7.3 34.9 9.2 88.7 12.7 9.2 3.5 12.0 2.9 1.3 1.8 1.3 8.4
MRAC0578 48 51 MR12785 63.1 153.5 21.6 97.4 22.5 85.8 19.4 10.4 8.3 22.3 3.7 1.2 3.2 1.4 8.6
MRAC0579 44 48 MR12798 34.1 84.3 10.3 41.2 8.7 19.5 5.4 2.2 4.0 7.1 0.9 0.2 1.0 0.3 1.5
MRAC0579 48 51 MR12799 70.4 163.5 20.8 85.9 18.3 46.2 12.2 5.6 10.9 15.5 2.1 0.5 2.1 0.7 4.2
MRAC0580 44 48 MR12812 39.8 98.8 11.8 52.6 10.4 35.0 7.2 3.6 5.0 8.6 1.3 0.4 1.2 0.5 3.0
MRAC0580 48 52 MR12813 44.0 91.7 11.5 55.4 12.6 44.5 9.2 4.7 6.4 11.2 1.7 0.5 1.6 0.6 3.9
MRAC0580 52 56 MR12814 33.2 68.7 8.9 45.8 11.9 126.5 16.2 11.1 5.6 14.5 3.6 1.3 2.3 1.5 9.2
MRAC0582 44 48 MR12842 29.2 117.0 9.2 42.1 9.9 25.0 6.0 2.7 3.7 7.4 1.0 0.2 1.1 0.3 1.9
MRAC0582 48 52 MR12843 123.5 170.5 38.8 182.5 38.4 144.0 27.1 13.2 14.1 35.2 4.9 1.3 4.6 1.7 9.5
MRAC0582 52 55 MR12844 25.9 61.3 8.1 39.2 9.5 40.7 8.1 4.5 3.6 8.6 1.5 0.6 1.3 0.6 4.0
MRAC0584 44 45 MR12872 82.1 75.9 24.3 119.5 24.8 155.5 23.0 13.1 10.4 27.3 4.6 1.4 3.7 1.7 9.4
MRAC0585 32 36 MR12882 83.0 84.7 24.2 115.0 22.5 98.1 17.9 9.2 9.0 22.1 3.4 0.9 3.0 1.2 6.7
MRAC0585 36 40 MR12883 116.0 173.0 28.4 123.5 20.7 77.8 12.3 6.2 7.6 17.6 2.3 0.6 2.2 0.8 4.3
MRAC0585 40 41 MR12884 50.4 91.5 11.5 48.3 8.3 25.2 4.6 2.4 3.1 6.4 0.9 0.3 0.8 0.3 1.8
MRAC0586 52 54 MR12900 47.2 59.3 9.5 44.3 9.2 61.9 8.8 4.8 4.0 10.8 1.8 0.5 1.5 0.6 3.3
MRAC0587 32 36 MR12910 64.8 118.0 17.2 82.9 18.3 154.5 21.4 12.9 8.3 22.4 4.4 1.5 3.3 1.7 9.6
MRAC0587 36 38 MR12911 24.5 51.1 6.9 34.5 8.6 68.6 9.7 5.9 3.4 9.8 2.0 0.7 1.5 0.8 4.7
MRAC0588 24 26 MR12919 139.5 185.5 56.1 284.0 63.0 172.0 44.5 19.2 30.0 54.8 7.3 1.8 7.2 2.4 13.4
MRAC0589 20 23 MR12927 48.7 107.5 18.6 94.9 21.8 97.8 20.4 10.6 8.7 23.2 3.8 1.3 3.3 1.5 9.2
MRAC0590 24 28 MR12935 125.5 57.7 42.4 218.0 57.3 500.0 94.7 66.3 23.3 86.3 21.3 6.5 13.9 8.1 44.4
MRAC0590 28 32 MR12936 121.5 55.1 29.4 145.5 35.2 480.0 63.3 43.0 14.1 59.9 14.0 4.5 9.2 5.2 29.6
MRAC0590 32 36 MR12937 31.1 33.8 7.8 39.1 10.0 101.5 13.3 8.5 3.5 13.2 2.9 1.0 2.0 1.1 6.4
MRAC0590 44 46 MR12940 25.8 63.0 8.1 39.6 9.2 39.8 7.1 3.8 2.6 8.6 1.4 0.5 1.2 0.5 3.1
MRAC0590 46 47 MR12941 21.3 53.2 7.3 36.9 9.1 47.6 7.8 4.4 2.4 9.1 1.5 0.5 1.3 0.6 3.5
MRAC0591 20 24 MR12948 134.0 164.0 46.3 219.0 46.3 138.0 32.0 14.6 21.3 41.4 5.4 1.5 5.4 1.9 10.9
MRAC0591 24 27 MR12949 52.3 69.1 14.7 69.3 16.2 131.0 19.0 11.5 7.4 19.6 4.0 1.3 2.9 1.5 8.6
MRAC0593 12 16 MR12960 45.8 91.5 18.1 84.5 18.2 48.5 11.6 5.7 5.9 14.2 2.1 0.6 2.0 0.8 4.5

==> picture [134 x 45] intentionally omitted <==

Table 6 Table 6 Table 6
Rare Earth Element AssayResults
Hole ID From To Sample La Ce Pr Nd Sm Y Dy Er Eu Gd Ho Lu Tb Tm Yb
(m) (m) Aqua Regia ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm
MRAC0593 24 28 MR12963 202.0 349.0 74.6 360.0 75.3 402.0 72.2 42.7 30.0 76.7 14.6 4.3 11.6 5.2 30.8
MRAC0593 28 30 MR12964 178.0 294.0 55.4 250.0 49.6 393.0 55.2 34.7 18.4 53.9 12.0 3.6 8.0 4.3 24.0
MRAC0596 12 16 MR12979 80.2 103.0 20.6 91.3 17.1 66.2 11.9 5.7 5.3 16.0 2.1 0.6 2.1 0.7 4.0
MRAC0596 16 20 MR12980 187.0 368.0 49.8 208.0 31.9 87.0 13.1 6.4 8.6 21.8 2.4 0.6 2.5 0.8 4.1
MRAC0596 20 21 MR12981 124.0 240.0 30.3 119.0 16.0 37.8 5.6 2.6 4.1 10.9 1.0 0.2 1.1 0.3 1.5
MRAC0597 16 19 MR12987 24.9 52.4 6.6 32.4 7.4 55.5 8.4 5.1 2.6 9.0 1.7 0.6 1.3 0.7 4.2
MRAC0598 20 24 MR12994 47.5 65.0 13.5 62.6 13.4 50.3 10.9 6.1 5.8 12.2 2.1 0.8 1.8 0.9 5.6
MRAC0598 24 26 MR12995 107.0 196.5 29.8 140.5 27.1 137.0 22.6 12.4 11.4 27.3 4.4 1.3 3.7 1.6 9.2
MRAC0599 36 38 MR13006 49.6 76.4 14.0 66.6 15.7 107.0 16.2 9.2 7.9 18.4 3.2 1.1 2.6 1.2 7.1
MRAC0600 24 27 MR13014 80.8 129.5 33.8 156.0 31.1 64.3 16.9 7.8 12.4 21.9 2.9 0.9 3.0 1.1 6.6
MRAC0601 28 31 MR13023 58.9 145.0 17.3 73.1 13.2 87.9 11.7 6.7 4.7 13.5 2.3 0.7 1.9 0.8 4.8
MRAC0603A 28 32 MR13042 33.7 77.6 6.8 27.3 5.2 24.4 4.9 2.4 1.9 6.0 0.9 0.2 0.8 0.3 1.7
MRAC0603A 32 36 MR13043 80.8 117.0 22.6 106.0 21.2 109.0 19.6 10.3 8.3 22.3 3.6 1.1 3.1 1.3 8.2
MRAC0603A 36 37 MR13044 28.9 59.8 8.0 37.2 7.4 38.3 6.8 3.8 2.5 7.2 1.3 0.4 1.0 0.5 3.1
MRAC0605 36 40 MR13055 400.0 153.5 124.0 606.0 126.0 500.0 103.5 56.4 46.3 128.0 19.5 4.9 16.9 6.3 37.0
MRAC0605 40 44 MR13056 140.0 72.4 36.2 179.5 36.0 236.0 37.7 20.2 14.3 44.0 7.0 2.0 5.6 2.4 14.0
MRAC0605 44 47 MR13057 51.9 38.1 13.9 63.3 13.7 94.1 13.7 7.8 5.2 15.4 2.6 0.8 2.1 0.9 5.7
MRAC0606 36 40 MR13068 44.2 71.2 16.7 83.2 17.4 57.3 13.9 6.8 9.7 15.7 2.4 0.8 2.2 0.9 5.7
MRAC0606 40 44 MR13069 181.0 70.8 60.0 298.0 62.7 304.0 62.1 30.8 39.4 71.5 11.5 3.1 10.0 3.7 22.9
MRAC0606 45 46 MR13071 59.7 46.8 17.2 82.4 17.0 95.0 16.3 8.5 9.6 18.9 3.0 0.9 2.6 1.0 6.4
MRAC0607 32 35 MR13080 34.5 48.9 11.1 55.3 12.9 79.8 12.0 6.7 7.6 13.4 2.3 0.8 1.9 0.8 5.3
MRAC0608 28 32 MR13089 42.8 156.5 17.0 67.4 12.0 46.9 8.1 4.2 3.1 10.1 1.5 0.5 1.3 0.5 3.2
MRAC0608 36 40 MR13091 33.5 124.5 12.5 55.9 13.1 41.7 10.6 5.4 5.6 11.5 1.8 0.7 1.7 0.7 5.0
MRAC0608 40 41 MR13092 163.0 104.0 47.9 231.0 49.3 325.0 54.9 31.0 22.2 59.3 10.8 3.3 8.7 3.7 22.8
MRAC0608 41 42 MR13093 133.5 75.2 36.2 181.0 37.6 273.0 43.0 24.3 17.1 46.8 8.6 2.7 6.3 3.0 18.7
MRAC0609 24 28 MR13100 16.9 42.5 4.9 21.6 3.9 14.6 2.7 1.2 1.0 3.8 0.5 0.1 0.5 0.1 0.8
MRAC0609 28 32 MR13101 1.2 12.2 0.5 3.2 0.9 8.4 1.4 1.0 0.3 1.2 0.3 0.2 0.2 0.1 1.1
MRAC0609 36 40 MR13103 1.0 23.9 0.5 3.3 1.9 82.7 11.9 9.8 1.0 5.5 2.8 1.4 1.3 1.4 10.2
MRAC0609 40 44 MR13104 73.1 113.5 28.3 162.5 40.9 421.0 74.1 48.4 13.1 65.8 15.6 5.2 10.6 5.8 38.7
MRAC0609 44 45 MR13105 17.7 43.6 6.8 35.2 9.0 77.3 11.8 7.4 1.9 11.3 2.4 0.9 1.7 1.0 6.3
MRAC0609 45 46 MR13106 21.0 52.0 7.7 40.5 10.2 79.5 12.4 7.5 2.4 12.3 2.5 0.9 1.8 0.9 6.0
MRAC0611 20 24 MR13114 1.6 11.2 0.9 6.0 2.8 16.1 4.1 2.6 1.0 3.5 0.8 0.4 0.6 0.4 2.7
MRAC0611 24 28 MR13115 0.9 18.6 0.6 4.8 2.6 24.9 4.8 3.2 0.9 3.9 1.0 0.5 0.7 0.5 3.2
MRAC0611 28 32 MR13116 1.8 55.8 0.7 4.7 1.9 29.3 5.1 3.7 0.8 3.7 1.1 0.6 0.7 0.5 4.1
MRAC0611 32 36 MR13117 2.4 45.2 0.9 4.9 1.9 31.3 6.0 4.4 0.8 3.9 1.3 0.7 0.8 0.7 4.9
MRAC0611 36 39 MR13118 12.9 56.9 5.4 29.8 8.8 139.0 20.0 14.5 2.8 15.6 4.4 2.1 2.6 2.0 13.6
MRAC0611 39 40 MR13119 24.7 75.2 9.9 53.8 15.3 212.0 34.5 22.9 4.6 27.2 7.3 3.1 4.4 3.1 20.4
MRAC0603B 24 28 MR13126 48.3 73.9 17.0 87.6 17.6 79.5 13.6 7.2 6.0 18.2 2.5 0.9 2.3 0.9 6.0
MRAC0603B 28 29 MR13127 35.1 106.5 12.4 64.5 16.2 121.0 20.0 11.1 6.1 19.9 3.8 1.1 3.0 1.4 8.3

==> picture [134 x 45] intentionally omitted <==

Table 6 Table 6 Table 6
Rare Earth Element AssayResults
Hole ID From To Sample La Ce Pr Nd Sm Y Dy Er Eu Gd Ho Lu Tb Tm Yb
(m) (m) Aqua Regia ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm
MRAC0603B 29 30 MR13128 22.2 59.7 7.4 38.1 9.4 88.3 13.2 7.7 3.3 12.8 2.6 0.8 1.9 0.9 5.9
MRAC0604 24 28 MR13135 34.5 55.7 11.2 61.7 14.6 79.5 14.3 7.5 5.0 17.0 2.6 0.7 2.3 0.9 5.4
MRAC0604 28 32 MR13136 40.8 77.8 17.5 95.7 21.8 99.1 21.9 10.3 7.8 25.7 3.8 1.0 3.5 1.3 7.8
MRAC0604 32 36 MR13137 29.7 58.2 11.0 60.2 14.9 96.0 16.9 8.9 5.3 18.8 3.1 0.9 2.7 1.1 6.9
MRAC0612 24 28 MR13146 14.9 38.7 3.7 15.5 3.1 11.4 2.2 1.1 0.8 2.8 0.4 0.1 0.4 0.1 0.8
MRAC0612 28 32 MR13147 18.8 86.9 8.6 37.7 6.8 37.1 5.4 3.3 1.7 6.3 1.1 0.4 0.8 0.4 2.9
MRAC0612 32 36 MR13148 45.3 50.2 18.1 90.6 27.4 142.0 33.7 17.7 9.5 33.0 6.3 2.1 5.2 2.3 14.6
MRAC0612 36 40 MR13149 28.9 59.4 10.9 55.3 16.3 121.5 23.4 13.9 5.7 21.6 4.8 1.7 3.5 1.8 11.0
MRAC0612 40 44 MR13150 101.5 67.8 29.3 148.0 36.9 310.0 46.6 25.5 13.1 55.3 9.7 2.3 7.4 2.8 15.4
MRAC0612 44 45 MR13151 38.5 46.5 10.6 53.5 14.4 178.0 22.4 14.1 5.2 23.1 4.9 1.4 3.4 1.6 9.4
MRAC0613 28 32 MR13160 17.4 61.8 5.6 22.5 4.4 24.0 3.8 2.1 1.1 4.4 0.7 0.3 0.6 0.3 1.6
MRAC0613 36 40 MR13162 6.0 66.1 2.7 13.7 3.7 23.6 4.8 3.2 1.4 4.1 1.0 0.5 0.7 0.4 3.0
MRAC0613 40 44 MR13163 18.4 61.4 7.6 38.1 10.3 51.7 11.2 6.6 4.0 11.4 2.2 0.9 1.7 0.9 5.9
MRAC0613 51 52 MR13166 23.7 53.9 7.5 36.2 9.3 61.9 9.9 5.9 2.9 10.4 2.0 0.7 1.5 0.8 4.9
MRAC0615 24 28 MR13179 13.7 46.2 5.0 21.2 4.4 21.7 3.2 1.9 1.0 4.1 0.6 0.3 0.5 0.3 1.6
MRAC0615 40 44 MR13183 65.7 63.3 22.6 98.4 24.9 66.6 19.8 10.2 7.4 21.7 3.6 1.3 3.3 1.4 9.3
MRAC0617 24 28 MR13197 115.0 163.0 49.4 217.0 50.8 113.5 30.9 14.0 12.6 40.1 5.2 1.6 5.4 1.8 11.4
MRAC0617 28 32 MR13198 230.0 202.0 75.6 349.0 85.6 439.0 82.5 47.5 23.9 92.8 16.6 4.7 13.6 5.7 32.9
MRAC0617 32 36 MR13199 98.2 111.5 26.6 116.0 24.4 85.8 18.2 8.7 6.2 23.8 3.3 0.9 3.1 1.1 6.4
MRAC0617 44 45 MR13202 105.0 113.0 29.9 129.0 28.1 95.6 20.6 9.9 7.2 27.2 3.8 1.0 3.6 1.2 7.3
MRAC0618 16 20 MR13208 27.5 82.8 13.2 64.3 16.2 34.7 11.1 5.0 5.2 14.1 1.9 0.6 1.9 0.7 4.5
MRAC0618 20 24 MR13209 55.6 118.5 20.6 103.5 25.1 89.4 21.6 10.5 8.5 26.5 3.9 1.2 3.6 1.3 8.7
MRAC0618 24 28 MR13210 29.8 64.6 9.6 47.1 12.2 72.6 13.8 8.1 4.0 13.9 2.8 1.1 2.1 1.1 7.0
MRAC0620 12 13 MR13222 65.4 167.5 25.2 116.5 28.1 88.0 21.3 10.3 7.0 26.3 3.9 1.2 3.6 1.3 8.1
MRAC0622 12 16 MR13231 48.3 77.5 23.0 114.0 25.6 73.7 18.5 8.2 10.7 26.7 3.2 0.8 3.3 1.0 5.9
MRAC0622 16 18 MR13232 108.5 262.0 52.7 262.0 62.1 152.0 43.9 17.5 23.6 64.0 7.1 1.7 8.1 2.1 12.0
MRAC0622 18 19 MR13233 112.0 257.0 53.8 267.0 64.1 151.5 43.5 17.1 24.7 62.7 6.9 1.6 8.2 2.1 11.8
MRAC0623 12 14 MR13237 24.0 51.5 10.7 48.6 11.9 63.1 14.1 8.2 4.2 13.2 2.7 1.0 2.1 1.1 7.1
MRAC0623 14 15 MR13238 42.3 90.8 19.5 87.4 21.1 100.5 22.4 12.5 7.2 22.0 4.3 1.5 3.4 1.6 10.4
MRAC0624 12 16 MR13242 66.4 81.7 16.7 70.3 13.6 51.8 10.8 4.9 4.9 14.5 1.9 0.5 1.8 0.6 3.5
MRAC0624 16 17 MR13243 98.5 126.0 25.1 109.5 21.9 83.1 18.5 8.4 8.0 24.5 3.2 0.8 3.2 1.0 5.6
MRAC0628 20 24 MR13267 73.7 89.3 23.6 101.0 20.1 69.9 16.7 8.3 8.3 19.9 3.0 0.9 2.7 1.0 6.4
MRAC0628 24 27 MR13268 72.5 41.2 18.5 81.4 17.0 99.1 18.5 10.1 7.3 21.3 3.6 1.0 2.9 1.2 6.8
MRAC0628 27 28 MR13269 39.0 30.0 9.6 43.4 9.3 57.1 10.3 5.7 3.8 11.8 2.0 0.6 1.6 0.7 3.9
MRAC0629 20 23 MR13275 67.5 128.5 26.0 118.0 25.9 77.3 20.8 10.7 11.4 25.6 3.8 1.3 3.4 1.4 8.7
MRAC0629 23 27 MR13276 55.7 70.3 17.6 84.9 18.8 128.5 20.1 10.9 8.7 25.0 3.9 1.1 3.2 1.2 7.0
MRAC0629 27 28 MR13277 45.0 61.9 14.0 66.7 15.0 106.0 16.3 9.1 7.1 19.5 3.3 1.0 2.6 1.1 6.0
MRAC0629 28 29 MR13278 33.3 39.7 10.1 48.3 11.5 115.0 15.6 9.6 5.4 16.0 3.3 1.1 2.3 1.2 6.8
MRAC0630 28 30 MR13287 27.0 43.4 8.8 39.5 9.4 43.1 9.4 4.9 2.9 10.6 1.7 0.6 1.5 0.6 3.9

==> picture [134 x 45] intentionally omitted <==

Table 6 Table 6 Table 6
Rare Earth Element AssayResults
Hole ID From To Sample La Ce Pr Nd Sm Y Dy Er Eu Gd Ho Lu Tb Tm Yb
(m) (m) Aqua Regia ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm
MRAC0631 16 20 MR13293 148.5 125.0 47.2 207.0 45.7 178.5 39.8 19.3 15.5 48.4 7.1 2.0 6.5 2.4 13.9
MRAC0631 20 21 MR13294 101.5 61.4 27.4 125.0 27.2 209.0 32.6 19.1 9.5 35.2 6.7 2.0 4.9 2.3 12.9
MRAC0632 4 8 MR13297 1.9 3.7 0.6 2.6 0.7 2.3 0.7 0.3 0.2 0.7 0.1 0.0 0.1 0.0 0.3
MRAC0632 8 12 MR13298 2.8 11.3 1.3 6.6 1.7 7.8 2.0 1.2 0.6 1.8 0.4 0.2 0.3 0.2 1.2
MRAC0632 12 16 MR13299 173.5 318.0 102.5 557.0 145.0 480.0 118.5 55.2 46.5 150.5 20.7 5.4 20.6 6.7 40.1
MRAC0632 16 17 MR13300 75.0 204.0 41.5 221.0 57.5 233.0 53.0 26.4 18.6 63.8 9.7 3.0 8.8 3.3 20.2
MRAC0635 12 16 MR13316 6.5 30.5 4.6 23.9 6.1 22.9 5.5 3.0 1.6 5.9 1.0 0.4 0.9 0.4 2.5
MRAC0635 16 20 MR13317 11.9 87.2 6.9 29.5 6.2 22.7 5.7 3.0 1.7 5.8 1.0 0.4 0.9 0.4 2.6
MRAC0636 20 22 MR13325 27.9 106.0 7.8 32.5 6.3 18.5 4.0 2.0 1.7 5.3 0.7 0.2 0.7 0.3 1.5
MRAC0637 16 20 MR13331 168.5 88.8 62.9 309.0 65.5 376.0 58.7 30.1 21.3 78.0 11.5 2.6 10.0 3.4 18.0
MRAC0637 20 23 MR13332 48.5 79.5 20.8 102.5 22.8 119.5 21.7 11.9 7.1 25.0 4.2 1.3 3.5 1.5 8.9
MRAC0638 24 28 MR13340 52.9 100.0 26.7 139.5 33.5 136.5 31.0 16.4 10.8 37.3 5.8 1.9 5.0 2.2 13.9
MRAC0638 28 32 MR13341 209.0 500.0 97.0 465.0 108.0 500.0 124.0 86.8 35.1 129.0 27.7 10.0 19.0 11.1 64.4
MRAC0638 32 36 MR13342 54.9 138.5 19.8 92.6 18.6 124.0 18.0 11.5 5.9 20.8 3.8 1.4 2.7 1.5 8.8
MRAC0638 36 40 MR13343 24.4 54.2 6.5 27.6 5.2 33.1 4.8 3.2 1.9 5.5 1.0 0.4 0.7 0.4 2.6
MRAC0639 28 32 MR13353 105.5 125.0 35.9 154.0 29.0 58.5 14.4 7.0 8.2 21.7 2.5 0.8 2.6 0.9 5.5
MRAC0641 32 33 MR13376 8.5 207.0 3.3 15.3 4.3 16.8 5.0 2.9 1.5 4.3 0.9 0.4 0.7 0.4 2.8
MRAC0642 32 33 MR13386 16.5 79.4 6.2 31.1 8.5 45.9 8.9 5.2 2.7 8.7 1.8 0.6 1.4 0.7 4.4
MRAC0643 28 32 MR13396 2.1 19.5 0.9 4.5 1.4 11.3 2.2 1.5 0.5 1.7 0.5 0.3 0.3 0.2 1.6
MRAC0643 32 36 MR13397 13.0 69.9 5.5 35.6 11.1 91.2 14.9 9.3 4.5 14.9 3.2 1.1 2.2 1.2 7.4
MRAC0643 36 40 MR13398 21.2 75.6 9.7 59.1 17.6 96.8 18.4 10.3 7.0 20.5 3.6 1.2 2.9 1.3 8.2
MRAC0643 40 44 MR13399 35.9 65.9 11.3 58.2 15.0 101.0 16.0 9.4 6.0 17.9 3.3 1.1 2.5 1.2 7.4
MRAC0643 44 45 MR13400 30.1 51.2 9.0 43.3 10.7 74.8 11.2 6.5 4.0 12.7 2.3 0.8 1.8 0.8 4.9
MRAC0644 24 28 MR13407 26.4 45.3 9.3 42.8 8.4 36.5 5.5 3.2 2.9 7.1 1.1 0.3 0.9 0.4 2.3
MRAC0644 28 32 MR13408 38.3 71.4 13.7 65.5 13.2 69.0 10.4 6.2 4.9 12.3 2.1 0.7 1.7 0.8 4.7
MRAC0644 32 36 MR13409 50.1 104.0 17.8 90.2 20.2 140.0 20.1 14.2 8.0 21.7 4.5 2.0 3.0 1.9 12.5
MRAC0644 36 40 MR13410 31.8 69.7 10.2 49.7 11.7 67.1 11.1 7.1 5.0 12.0 2.3 1.0 1.7 0.9 6.2
MRAC0646 16 20 MR13425 14.6 176.0 4.9 20.1 4.9 13.2 4.4 2.4 2.1 3.8 0.8 0.3 0.7 0.3 2.4
MRAC0646 20 24 MR13426 25.2 129.5 7.4 34.9 8.1 41.3 8.1 5.2 4.1 8.1 1.7 0.7 1.2 0.7 4.9
MRAC0646 24 28 MR13427 107.0 83.8 34.0 160.0 38.0 236.0 40.5 24.7 21.3 41.7 8.5 2.8 5.9 3.1 19.2
MRAC0646 28 29 MR13428 32.8 45.0 9.1 43.6 10.3 87.4 11.8 7.8 5.2 12.3 2.6 0.9 1.8 1.0 6.1
MRAC0647 28 32 MR13437 38.9 106.0 10.6 50.9 12.0 77.9 13.4 8.7 4.8 13.3 2.8 1.2 2.0 1.2 7.9
MRAC0647 32 33 MR13438 52.4 91.7 12.0 49.3 8.9 49.3 7.5 4.8 3.0 8.3 1.6 0.6 1.1 0.6 4.2
MRAC0648 20 24 MR13445 4.6 130.0 2.6 12.2 2.5 11.2 2.6 1.6 0.9 2.4 0.5 0.2 0.4 0.2 1.7
MRAC0648 28 32 MR13447 2.1 266.0 1.3 5.9 1.2 5.8 1.1 0.7 0.4 1.0 0.2 0.1 0.2 0.1 0.8
MRAC0651 30 31 MR13480 72.6 90.1 25.5 126.0 26.6 157.5 24.8 13.1 14.4 29.2 4.7 1.3 3.9 1.6 9.4
MRAC0653 32 36 MR13497 66.7 99.5 27.1 138.0 29.9 105.0 22.4 11.2 10.5 28.4 4.0 1.2 3.7 1.4 9.1
MRAC0653 36 38 MR13498 59.7 80.1 20.7 104.0 22.2 141.0 21.8 12.6 8.3 24.0 4.2 1.4 3.3 1.5 9.7
MRAC0654 32 33 MR13508 32.6 72.1 11.5 55.8 12.7 51.2 10.8 5.6 4.9 12.1 2.0 0.6 1.7 0.7 4.7

==> picture [134 x 45] intentionally omitted <==

Table 6 Table 6 Table 6
Rare Earth Element AssayResults
Hole ID From To Sample La Ce Pr Nd Sm Y Dy Er Eu Gd Ho Lu Tb Tm Yb
(m) (m) Aqua Regia ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm
MRAC0656 32 36 MR13531 15.7 55.0 7.1 37.4 9.5 39.7 9.1 4.6 3.7 9.9 1.6 0.5 1.4 0.6 3.9
MRAC0656 36 37 MR13532 36.1 106.5 12.0 56.5 12.8 65.5 11.6 6.3 4.0 13.0 2.2 0.7 1.8 0.8 5.0
MRAC0657 40 44 MR13544 55.7 64.9 17.9 87.3 18.5 141.5 20.5 11.9 6.9 21.7 4.0 1.3 3.1 1.4 8.9
MRAC0657 44 46 MR13545 17.1 30.2 5.6 29.8 8.5 227.0 20.7 16.6 3.4 15.7 5.0 1.9 2.6 2.0 11.7
MRAC0658 24 28 MR13553 22.8 93.9 7.4 27.7 5.5 15.7 4.0 2.0 1.3 4.1 0.7 0.2 0.6 0.3 1.7
MRAC0658 48 52 MR13559 76.6 148.5 24.9 127.0 27.4 151.5 26.7 13.5 10.1 33.6 4.9 1.3 4.3 1.6 9.8
MRAC0660 48 52 MR13585 16.6 28.5 6.7 47.9 13.4 136.0 19.5 12.2 5.6 20.7 4.0 1.5 2.9 1.6 10.2
MRAC0660 52 54 MR13586 28.7 59.6 13.1 107.5 36.7 500.0 86.2 56.4 17.3 75.3 18.2 6.2 12.1 6.8 44.4
MRAC0660 54 55 MR13587 22.7 52.9 10.8 87.2 33.8 500.0 84.4 57.0 15.9 71.6 18.3 6.1 12.1 6.7 43.9
MRAC0662 28 32 MR13602 10.7 30.3 6.1 36.3 10.4 45.4 10.2 5.2 3.9 10.7 1.8 0.6 1.6 0.7 4.5
MRAC0662 32 36 MR13603 31.5 61.3 13.0 68.6 18.4 100.0 20.0 11.1 6.5 21.2 3.8 1.3 3.1 1.4 8.6
MRAC0662 36 40 MR13604 42.5 69.5 14.3 68.9 17.5 110.5 20.7 11.7 6.1 21.7 4.1 1.3 3.2 1.5 8.8
MRAC0663 32 36 MR13617 25.5 116.5 9.8 46.2 11.2 36.7 8.1 4.5 3.6 9.4 1.5 0.6 1.3 0.6 4.2
MRAC0663 36 40 MR13618 48.8 53.5 14.9 68.7 15.3 108.5 14.4 8.7 5.1 17.3 3.0 1.0 2.3 1.1 6.5
MRAC0664 28 32 MR13629 33.9 132.5 13.4 50.3 8.9 31.5 5.7 3.3 2.1 6.8 1.1 0.4 0.9 0.4 2.8
MRAC0664 36 40 MR13631 68.9 72.6 25.2 120.0 27.0 106.5 20.6 10.2 8.5 27.5 3.8 1.0 3.5 1.3 7.7
MRAC0666 32 36 MR13659 151.5 60.3 60.8 282.0 64.4 217.0 45.5 19.8 20.7 57.8 8.0 1.7 8.0 2.4 13.3
MRAC0667 36 40 MR13676 250.0 162.5 96.7 490.0 118.5 500.0 120.5 72.6 41.2 138.5 24.8 7.5 19.4 9.4 53.4
MRAC0668 20 24 MR13688 16.1 60.7 9.3 51.5 14.0 42.7 9.7 4.7 4.2 12.9 1.7 0.6 1.7 0.6 4.1
MRAC0668 24 25 MR13689 35.1 125.5 16.4 84.1 20.5 134.5 20.6 11.7 6.4 24.5 4.1 1.3 3.3 1.5 9.1
MRAC0668 25 26 MR13690 36.6 129.5 16.7 87.5 20.8 159.0 23.3 14.0 6.3 26.9 4.7 1.6 3.6 1.8 10.9
MRAC0669 32 36 MR13700 42.6 116.5 14.3 60.7 13.4 40.7 8.9 4.5 3.7 11.0 1.6 0.5 1.5 0.6 3.7
MRAC0669 36 37 MR13701 30.6 76.7 9.5 45.7 12.0 70.4 11.6 7.0 3.7 12.6 2.3 0.8 1.8 0.9 6.1
MRAC0669 37 38 MR13702 31.2 76.4 9.4 45.2 12.1 67.7 11.9 7.1 3.7 12.6 2.4 0.9 1.8 1.0 6.4
MRAC0670 24 28 MR13710 2.4 3.6 0.3 0.9 0.2 1.1 0.3 0.2 0.1 0.3 0.1 0.0 0.0 0.0 0.2
MRAC0670 28 32 MR13711 20.8 53.7 7.1 34.5 8.7 95.1 11.9 8.9 3.3 10.5 2.7 1.3 1.6 1.3 8.6
MRAC0671 24 28 MR13725 11.2 34.5 5.9 37.2 11.6 149.5 18.9 12.9 4.6 18.8 4.2 1.6 2.7 1.7 10.6
MRAC0671 28 29 MR13726 23.6 67.0 11.1 64.8 19.2 266.0 32.0 22.2 7.3 31.0 7.3 2.8 4.4 3.0 18.8
MRAC0671 29 30 MR13727 21.9 65.7 10.9 63.5 18.7 246.0 29.8 20.5 6.8 29.7 6.6 2.6 4.1 2.8 17.5
MRAC0672 32 35 MR13736 58.8 103.5 14.9 62.6 11.4 51.9 8.5 4.5 4.0 11.2 1.6 0.5 1.4 0.6 3.4
MRAC0672 35 36 MR13737 79.6 205.0 29.0 122.0 18.5 53.0 11.0 5.5 5.3 13.9 2.0 0.5 1.8 0.7 4.2
MRAC0673 16 20 MR13742 50.7 397.0 12.9 50.0 9.7 32.2 5.7 3.4 3.7 7.6 1.1 0.5 1.0 0.5 3.1
MRAC0673 20 21 MR13743 47.6 92.6 8.2 29.5 5.3 16.4 2.6 1.2 1.8 4.2 0.5 0.1 0.5 0.1 0.6
MRAC0673 21 22 MR13744 39.9 195.0 8.7 33.5 6.2 20.3 3.5 1.9 2.2 5.0 0.7 0.2 0.6 0.2 1.6
MRAC0675 8 12 MR13752 5.2 9.9 1.2 4.8 1.0 3.5 0.7 0.4 0.2 0.9 0.1 0.0 0.1 0.1 0.3
MRAC0675 12 16 MR13753 3.3 7.4 1.1 4.3 0.9 1.9 0.6 0.3 0.3 0.7 0.1 0.0 0.1 0.0 0.3
MRAC0675 16 20 MR13754 6.8 24.9 5.4 30.8 7.1 10.8 4.1 1.5 2.0 5.4 0.6 0.1 0.7 0.2 1.2
MRAC0675 24 25 MR13756 14.9 40.0 5.8 29.7 7.5 49.1 7.3 4.8 2.6 7.3 1.5 0.7 1.1 0.7 4.6
MRAC0675 25 26 MR13757 49.6 132.0 21.0 104.0 24.3 134.0 22.0 13.4 8.3 24.6 4.5 1.8 3.4 1.9 12.3

==> picture [134 x 45] intentionally omitted <==

Table 6 Table 6 Table 6
Rare Earth Element AssayResults
Hole ID From To Sample La Ce Pr Nd Sm Y Dy Er Eu Gd Ho Lu Tb Tm Yb
(m) (m) Aqua Regia ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm
MRAC0676 16 20 MR13762 35.1 69.2 13.6 74.7 17.4 130.5 18.5 10.8 6.6 24.8 3.8 1.2 3.0 1.4 8.2
MRAC0676 20 24 MR13763 27.2 68.6 9.8 48.9 12.0 79.4 12.1 7.1 3.5 13.4 2.4 0.8 1.9 0.9 5.9
MRAC0676 24 28 MR13764 17.8 42.9 6.1 29.4 7.4 52.3 8.0 4.9 2.0 8.6 1.7 0.6 1.2 0.7 4.2
MRAC0677 12 16 MR13770 4.3 7.8 0.9 3.3 0.6 1.7 0.4 0.2 0.1 0.4 0.1 0.0 0.1 0.0 0.1
MRAC0677 16 20 MR13771 2.4 7.2 0.6 2.3 0.4 1.2 0.3 0.1 0.1 0.3 0.1 0.0 0.0 0.0 0.1
MRAC0677 36 40 MR13776 2.1 53.0 0.7 3.5 1.0 11.8 2.1 1.6 0.3 1.4 0.4 0.3 0.3 0.2 1.7
MRAC0677 44 48 MR13778 3.4 122.0 1.9 9.6 2.9 18.1 4.3 2.7 0.7 3.4 0.8 0.4 0.6 0.4 2.9
MRAC0677 52 55 MR13780 34.9 49.3 10.9 52.0 11.9 57.4 10.6 5.7 2.8 11.5 1.9 0.7 1.7 0.8 5.2
MRAC0678 20 24 MR13788 75.5 187.0 25.7 120.5 25.5 78.3 19.9 8.9 9.0 22.1 3.3 0.8 3.2 1.1 6.9
MRAC0678 24 28 MR13789 31.3 69.4 9.7 49.6 11.6 66.7 11.9 6.8 3.5 12.9 2.3 0.7 1.8 0.8 5.4
MRAC0679 16 20 MR13797 81.4 232.0 30.9 144.5 27.4 85.1 17.9 8.8 9.2 22.6 3.1 0.9 3.0 1.1 6.9
MRAC0679 20 24 MR13798 84.4 223.0 30.8 152.5 31.7 194.0 33.0 19.3 11.3 36.5 6.5 2.3 4.9 2.5 16.4
MRAC0679 24 28 MR13799 49.2 112.0 15.7 75.7 17.1 181.5 24.8 16.6 6.0 24.0 5.4 2.1 3.5 2.1 13.7
MRAC0683 12 16 MR13833 4.8 14.1 2.3 11.2 3.1 17.7 4.0 2.7 1.2 3.3 0.7 0.4 0.5 0.4 2.8
MRAC0683 16 19 MR13834 94.4 231.0 39.7 203.0 42.1 233.0 37.8 20.7 19.3 52.3 6.6 2.1 5.5 2.3 15.1
MRAC0683 19 20 MR13835 24.3 50.0 7.2 37.6 9.4 109.5 12.7 8.2 4.1 13.2 2.5 0.9 1.7 0.9 5.9
MRAC0684 24 28 MR13842 180.0 62.5 59.7 270.0 47.1 186.0 34.6 18.5 20.2 51.3 5.9 1.9 5.2 2.0 13.4
MRAC0684 28 31 MR13843 78.7 28.0 28.3 140.5 29.1 98.7 19.6 9.1 13.7 29.4 3.5 0.8 3.4 1.1 6.4
MRAC0689 16 20 MR13878 56.2 75.9 20.9 92.5 20.5 51.5 16.4 7.6 8.3 17.9 2.6 0.7 2.4 0.9 6.2
MRAC0689 20 24 MR13879 81.5 84.5 34.5 179.5 38.3 171.5 37.1 19.1 16.4 46.5 6.2 1.9 5.4 2.2 14.6
MRAC0689 24 28 MR13880 120.0 54.0 42.4 206.0 44.2 287.0 57.2 26.3 19.7 65.0 8.7 2.7 7.1 2.9 18.9
MRAC0689 28 32 MR13881 30.4 15.9 7.5 37.0 9.0 99.0 12.4 7.7 4.0 13.3 2.4 0.8 1.7 0.9 5.5
MRAC0689 32 34 MR13882 27.2 39.4 8.1 39.9 10.1 79.2 11.6 7.0 3.4 12.3 2.1 0.8 1.6 0.8 5.4
MRAC0689 34 35 MR13883 26.4 58.6 9.2 44.6 11.0 71.1 11.4 6.7 2.2 12.4 2.1 0.7 1.6 0.8 5.1
MRAC0690 32 36 MR13893 36.3 61.7 9.1 42.4 9.6 42.8 9.2 5.4 4.1 9.7 1.8 0.7 1.4 0.7 5.0
MRAC0690 36 40 MR13894 87.8 36.8 23.7 112.5 23.2 131.5 22.4 11.1 9.9 26.7 4.1 1.1 3.6 1.3 7.8
MRAC0692 32 36 MR13918 43.7 18.6 9.9 44.8 9.1 53.3 8.9 5.4 3.8 9.6 1.8 0.7 1.4 0.7 4.7
MRAC0692 36 37 MR13919 118.5 103.5 26.5 128.5 24.9 301.0 31.7 21.6 11.0 35.3 7.0 2.3 4.6 2.5 14.6
MRAC0693 36 37 MR13930 73.0 33.5 14.7 71.6 15.0 150.0 18.8 11.3 6.4 20.5 3.8 1.2 2.8 1.4 8.1
MRAC0694 16 20 MR13936 7.9 33.4 5.5 34.2 10.6 71.6 14.9 10.8 4.6 12.4 3.2 1.7 2.0 1.5 10.6
MRAC0694 28 32 MR13939 55.9 68.5 23.7 105.0 22.7 53.6 13.5 6.3 9.8 16.7 2.2 0.7 2.3 0.8 5.4
MRAC0694 32 36 MR13940 80.8 91.2 25.8 124.5 26.1 128.0 22.5 11.5 13.0 26.6 4.1 1.2 3.7 1.4 8.5
MRAC0694 36 40 MR13941 97.4 41.7 26.5 128.5 26.6 150.0 23.2 11.8 12.3 28.2 4.3 1.2 3.8 1.4 8.4
MRAC0695 24 28 MR13951 14.2 142.0 6.0 30.4 8.0 52.8 9.5 6.2 4.2 8.5 1.9 0.9 1.4 0.8 5.8
MRAC0695 28 32 MR13952 112.0 94.9 42.3 211.0 43.5 161.5 32.4 15.4 23.1 42.6 5.6 1.6 5.5 1.9 11.6
MRAC0695 32 36 MR13953 230.0 108.5 82.6 410.0 85.8 500.0 108.5 58.2 54.1 125.0 19.6 4.6 15.7 5.3 32.1
MRAC0695 36 40 MR13954 50.6 47.1 13.1 64.9 15.1 130.0 16.5 9.4 7.4 19.3 3.0 0.9 2.4 1.0 6.4
MRAC0696 28 32 MR13964 122.5 91.1 40.5 192.0 40.4 144.5 28.7 13.5 17.1 41.0 4.9 1.4 5.0 1.6 9.9
MRAC0696 32 34 MR13965 155.5 29.7 45.6 220.0 40.9 80.4 18.2 7.7 15.9 33.8 2.9 0.8 3.6 0.9 5.4

==> picture [134 x 45] intentionally omitted <==

Table 6 Table 6 Table 6
Rare Earth Element AssayResults
Hole ID From To Sample La Ce Pr Nd Sm Y Dy Er Eu Gd Ho Lu Tb Tm Yb
(m) (m) Aqua Regia ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm
MRAC0696 34 35 MR13966 64.5 23.4 18.8 92.0 18.4 56.5 11.7 5.6 7.3 17.3 2.1 0.6 2.1 0.7 4.1
MRAC0697 20 24 MR13972 43.3 121.0 17.6 82.0 21.9 108.5 26.4 16.6 8.5 21.1 5.1 2.5 3.7 2.5 18.3
MRAC0697 24 28 MR13973 24.9 55.9 8.5 45.4 13.4 130.5 23.5 17.4 5.8 18.0 5.2 2.6 3.1 2.4 17.4
MRAC0697 28 30 MR13974 90.5 91.2 28.2 130.5 26.7 134.5 22.7 13.8 9.4 26.0 4.5 1.7 3.5 1.8 11.6
MRAC0697 30 31 MR13975 121.5 94.9 43.8 213.0 43.7 149.0 29.2 15.6 15.2 41.5 5.4 1.7 5.0 1.9 12.1
MRAC0698 16 20 MR13980 52.4 177.0 20.3 107.5 26.0 93.8 25.0 12.7 10.0 25.7 4.4 1.5 3.9 1.7 11.7
MRAC0698 20 21 MR13981 30.0 106.5 10.1 55.5 15.7 188.0 28.1 21.4 6.5 21.0 6.2 3.2 3.6 3.0 21.0
MRAC0699 12 14 MR13986 54.3 151.0 20.2 86.7 17.8 34.8 11.1 4.5 5.6 13.5 1.7 0.4 1.9 0.6 3.6
MRAC0699 14 15 MR13987 67.5 175.5 24.0 109.0 22.9 63.7 16.5 7.5 7.5 19.0 2.8 0.7 2.8 0.9 6.0
MRAC0831 50 51 MR14884 37.9 90.8 10.1 39.4 7.7 24.7 5.8 2.8 1.3 6.5 1.1 0.3 1.0 0.4 2.2
MRAC0828 26 27 MR14903 35.6 93.7 8.9 33.8 6.1 9.7 3.1 1.1 1.0 4.2 0.5 0.1 0.6 0.1 0.8
MRAC0822 38 39 MR14946 27.1 134.5 11.1 41.1 8.0 12.0 3.8 1.7 1.2 4.8 0.5 0.2 0.6 0.2 1.5
MRAC0705 12 13 MR15013 42.4 94.3 13.7 59.1 12.7 18.7 7.0 2.3 4.3 9.0 1.0 0.2 1.3 0.3 1.5
MRAC0705 13 14 MR15014 86.9 192.0 29.8 125.5 25.1 40.2 14.3 4.8 8.6 18.2 2.0 0.4 2.6 0.6 3.3
MRAC0706 8 12 MR15017 3.1 7.6 0.9 4.4 1.2 5.5 1.5 1.0 0.5 1.2 0.3 0.2 0.2 0.1 1.1
MRAC0706 12 16 MR15018 22.2 67.2 9.9 56.9 19.4 257.0 52.9 41.8 9.8 30.6 11.9 6.3 6.0 5.8 45.3
MRAC0706 16 20 MR15019 26.6 64.9 8.3 47.9 14.7 157.0 31.3 22.9 7.1 23.0 6.8 3.5 4.1 3.3 23.6
MRAC0706 20 23 MR15020 31.9 57.5 9.5 50.4 13.8 149.5 24.8 17.9 6.4 19.1 5.4 2.6 3.2 2.5 16.8
MRAC0706 23 24 MR15021 55.7 85.8 16.5 81.8 18.7 121.0 23.4 14.1 8.0 22.2 4.6 1.8 3.4 1.9 12.6
MRAC0707 12 16 MR15025 9.2 32.3 3.9 18.7 5.8 27.5 7.9 4.8 2.5 5.7 1.5 0.7 1.1 0.7 5.1
MRAC0707 16 20 MR15026 24.6 92.1 10.3 53.4 12.7 51.9 11.9 6.4 5.2 12.2 2.2 0.8 1.8 0.9 5.9
MRAC0708 20 24 MR15034 12.6 50.3 7.0 41.6 10.5 104.5 12.4 9.3 4.6 12.9 2.8 1.3 1.8 1.2 7.8
MRAC0708 24 28 MR15035 38.0 108.0 11.9 59.7 13.3 97.4 13.0 8.2 5.7 14.5 2.6 1.0 2.0 1.0 6.7
MRAC0708 28 32 MR15036 40.5 65.3 12.1 62.7 13.1 86.6 11.6 6.6 5.8 14.1 2.3 0.7 1.8 0.8 5.0
MRAC0709 32 36 MR15048 21.2 54.6 8.8 44.1 10.3 53.9 10.4 6.3 4.9 10.1 2.0 0.9 1.5 0.9 5.9
MRAC0709 40 44 MR15051 115.5 92.7 35.3 170.5 33.9 122.5 23.5 10.2 14.4 34.3 3.9 1.0 4.2 1.2 7.2
MRAC0711 16 20 MR15062 53.9 41.0 24.2 108.5 20.9 50.4 11.9 5.7 7.0 15.7 2.0 0.6 2.1 0.7 4.6
MRAC0711 20 23 MR15063 360.0 183.5 159.0 782.0 169.5 500.0 130.5 69.6 68.9 156.5 24.6 6.8 21.9 7.8 50.2
MRAC0711 23 24 MR15064 1070.0 210.0 485.0 1000.0 508.0 500.0 420.0 223.0 211.0 492.0 79.5 24.5 69.3 26.9 166.0
MRAC0712 16 20 MR15069 50.8 100.0 19.8 100.0 24.2 247.0 30.7 21.3 9.7 29.2 6.7 2.7 4.4 2.7 17.6
MRAC0712 20 24 MR15070 71.4 76.7 23.9 120.0 26.9 198.5 28.7 17.4 10.4 32.4 5.8 2.0 4.3 2.1 13.5
MRAC0712 24 28 MR15071 25.9 35.0 6.6 35.3 8.4 67.8 9.5 5.8 3.2 10.7 1.9 0.7 1.4 0.7 4.3
MRAC0720 52 56 MR15165 12.3 67.8 5.6 28.5 7.8 34.7 6.8 4.4 2.7 7.4 1.4 0.7 1.1 0.6 4.2
MRAC0720 56 57 MR15166 50.8 45.4 22.8 116.0 27.2 124.5 22.9 12.2 9.7 30.2 4.4 1.4 3.8 1.6 9.4
MRAC0720 57 58 MR15167 31.1 46.3 14.3 72.5 17.6 87.6 15.5 8.4 6.3 19.2 3.0 0.9 2.5 1.1 6.4
MRAC0721 52 56 MR15181 187.5 78.7 106.0 496.0 132.5 224.0 83.3 29.5 41.7 113.0 12.5 2.7 15.2 3.6 22.9
MRAC0721 56 60 MR15182 440.0 173.5 139.0 690.0 166.5 500.0 163.5 72.5 60.5 220.0 28.4 5.7 27.9 8.4 45.0
MRAC0721 60 64 MR15183 192.0 75.9 45.9 235.0 55.5 377.0 58.7 25.6 20.9 87.9 10.9 1.7 10.1 2.6 13.0
MRAC0721 64 67 MR15184 32.7 22.7 9.1 44.7 11.2 69.3 12.7 6.1 4.2 16.0 2.3 0.5 2.1 0.7 3.8

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Table 6 Table 6 Table 6
Rare Earth Element AssayResults
Hole ID From To Sample La Ce Pr Nd Sm Y Dy Er Eu Gd Ho Lu Tb Tm Yb
(m) (m) Aqua Regia ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm
MRAC0721 67 68 MR15185 49.4 42.2 11.3 55.2 12.8 131.0 14.1 7.0 4.9 20.6 2.8 0.5 2.3 0.7 3.7
MRAC0722 56 58 MR15201 149.5 52.3 69.8 328.0 84.4 229.0 60.6 23.3 27.7 82.7 10.0 1.8 10.7 2.6 14.7
MRAC0722 58 59 MR15202 59.6 41.0 24.7 120.0 30.2 115.5 26.3 11.9 10.0 32.0 4.5 1.1 4.2 1.4 8.4
MRAC0724 16 20 MR15217 9.5 18.3 2.2 7.8 1.5 3.8 0.9 0.4 0.4 1.1 0.1 0.0 0.2 0.1 0.4
MRAC0726 40 44 MR15245 101.5 52.3 40.3 179.0 41.3 103.0 29.7 13.6 14.1 37.2 5.0 1.6 4.9 1.8 12.0
MRAC0726 44 46 MR15246 330.0 105.0 102.5 511.0 124.5 500.0 116.0 50.6 48.5 165.5 20.6 3.1 20.4 5.1 24.0
MRAC0726 46 47 MR15247 230.0 108.5 89.4 447.0 114.5 460.0 97.7 40.0 44.2 137.5 16.5 2.4 17.4 4.0 18.9
MRAC0727 40 43 MR15259 11.7 27.6 5.5 30.8 9.9 118.5 17.6 10.9 4.0 15.4 3.7 1.2 2.4 1.4 8.5
MRAC0727 43 44 MR15260 15.9 36.8 6.3 34.8 10.2 115.5 17.1 10.5 4.1 16.0 3.6 1.2 2.4 1.3 8.1
MRAC0728 32 36 MR15269 65.3 47.1 25.8 118.5 28.8 77.5 23.1 9.6 11.7 29.8 3.7 0.9 3.9 1.2 7.3
MRAC0728 36 37 MR15270 70.1 44.1 26.4 123.0 30.8 99.1 27.2 11.8 12.8 33.4 4.5 1.1 4.5 1.4 8.8
MRAC0728 37 38 MR15271 48.2 29.5 17.2 82.3 20.4 72.0 18.7 8.2 8.3 22.4 3.2 0.8 3.0 1.0 6.3
MRAC0729 16 20 MR15276 37.4 133.0 13.9 61.6 14.4 52.8 13.4 6.7 5.1 14.4 2.4 0.8 2.0 0.9 6.1
MRAC0729 20 21 MR15277 29.2 122.5 11.5 52.3 12.6 52.0 12.8 6.6 4.0 13.2 2.3 0.8 1.9 0.9 6.0
MRAC0730 20 24 MR15284 48.0 113.0 19.1 88.7 21.5 103.5 21.3 11.3 8.1 22.9 4.0 1.3 3.2 1.5 9.7
MRAC0730 24 25 MR15285 97.5 182.5 30.3 139.5 32.1 199.5 34.7 18.6 12.8 39.6 6.7 1.9 5.2 2.3 14.0
MRAC0730 25 26 MR15286 19.4 49.1 6.6 30.8 7.6 57.9 9.7 6.0 2.5 9.5 2.0 0.8 1.4 0.8 5.4
MRAC0731 28 32 MR15294 42.9 113.0 17.0 80.2 19.6 90.6 18.8 9.7 7.1 19.9 3.4 1.1 2.8 1.3 8.3
MRAC0732 28 31 MR15305 134.5 122.0 38.7 191.5 44.0 349.0 54.5 31.1 16.4 59.2 11.3 3.3 8.0 3.8 22.6
MRAC0732 31 32 MR15306 66.7 70.9 17.9 86.3 20.2 192.0 26.7 16.1 7.4 29.3 5.6 1.7 3.9 1.9 11.4
MRAC0733 36 38 MR15316 54.3 80.4 22.5 106.0 26.3 83.6 22.7 10.4 9.7 26.2 3.8 1.1 3.7 1.3 8.4
MRAC0733 38 39 MR15317 31.2 35.1 10.3 49.9 13.0 92.1 16.3 9.2 5.1 16.8 3.2 1.0 2.4 1.1 7.0
MRAC0758 80 81 MR15412 181.5 124.5 52.1 196.5 35.8 69.3 19.7 8.3 5.6 25.6 3.2 0.8 3.3 1.0 6.4
MRAC0759 82 83 MR15435 202.0 148.5 56.5 217.0 36.5 74.5 17.2 8.1 5.6 25.5 3.0 0.8 3.0 1.0 6.2
MRAC0763 75 76 MR15520 59.3 88.8 16.8 65.3 12.4 48.8 8.8 4.5 2.3 11.1 1.6 0.5 1.4 0.6 3.6
MRAC0774 88 89 MR15761 55.0 88.2 12.7 50.0 9.9 62.0 11.0 6.3 2.4 10.9 2.2 0.7 1.6 0.8 5.3
MRAC0776 74 75 MR15802 76.8 151.0 22.3 82.3 15.2 41.2 9.3 4.4 2.2 11.3 1.6 0.4 1.5 0.5 3.3
MRAC0781 84 85 MR15907 92.1 87.5 21.9 85.5 17.0 78.9 15.4 8.0 3.0 16.8 2.9 0.7 2.4 1.0 5.9
MRAC0783 85 86 MR15953 219.0 440.0 76.4 282.0 54.6 112.5 33.4 14.3 8.5 39.1 5.4 1.3 5.3 1.8 11.1
MRAC0784 75 76 MR15974 47.2 329.0 13.4 51.5 9.5 19.0 4.9 2.1 1.8 6.9 0.8 0.2 0.9 0.2 1.5
MRAC0785 72 76 MR15993 6.3 115.0 1.6 6.0 1.0 3.5 0.6 0.3 0.2 0.8 0.1 0.0 0.1 0.0 0.2
MRAC0785 80 84 MR15995 142.0 111.0 47.1 191.5 38.2 96.4 24.4 11.3 6.9 30.2 4.4 1.2 4.4 1.5 8.8
MRAC0785 84 85 MR15996 128.5 116.0 39.5 159.5 31.0 89.8 20.3 9.7 5.5 25.4 3.7 1.0 3.6 1.3 7.4
MRAC0788 76 79 MR16062 45.8 264.0 12.8 51.6 8.7 24.6 5.2 2.7 1.3 6.7 1.0 0.2 0.9 0.3 1.8
MRAC0788 79 80 MR16063 70.9 275.0 20.0 78.2 13.7 33.9 7.9 3.8 2.0 10.1 1.4 0.4 1.4 0.5 2.8
MRAC0789 84 88 MR16086 50.2 97.1 12.0 44.5 8.1 26.2 6.0 2.9 1.2 6.8 1.1 0.3 1.0 0.4 2.2
MRAC0789 88 92 MR16087 55.1 113.0 13.3 49.8 9.5 36.8 7.8 4.0 1.4 8.2 1.5 0.4 1.3 0.5 2.9
MRAC0789 92 93 MR16088 53.7 93.7 12.4 46.7 8.7 30.2 6.3 3.2 1.2 7.2 1.2 0.3 1.1 0.4 2.3
MRAC0791 64 68 MR16130 18.9 271.0 4.5 16.9 2.9 5.3 1.4 0.7 0.4 1.9 0.3 0.1 0.3 0.1 0.4

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Table 6 Table 6 Table 6
Rare Earth Element AssayResults
Hole ID From To Sample La Ce Pr Nd Sm Y Dy Er Eu Gd Ho Lu Tb Tm Yb
(m) (m) Aqua Regia ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm
MRAC0791 68 72 MR16131 59.9 82.0 17.7 64.2 11.5 21.9 5.8 2.6 1.5 7.3 1.0 0.3 1.1 0.4 2.1
MRAC0793 67 68 MR16167 65.5 333.0 24.1 100.0 18.5 21.7 7.4 3.1 2.8 10.6 1.2 0.4 1.4 0.4 2.7
MRAC0794 71 72 MR16187 215.0 198.5 65.6 262.0 51.0 204.0 47.1 25.7 9.6 48.2 9.2 3.0 7.4 3.6 21.9
MRAC0795 70 71 MR16207 18.0 181.5 5.4 20.8 4.0 10.9 2.7 1.3 0.6 3.0 0.5 0.1 0.5 0.2 1.0
MRAC0797 66 67 MR16246 36.7 343.0 8.6 31.4 5.2 11.1 2.3 1.2 0.8 3.3 0.4 0.2 0.4 0.2 1.0
MRAC0801 71 72 MR16325 67.3 165.5 19.3 74.3 13.8 36.3 8.2 4.0 2.0 10.1 1.5 0.4 1.4 0.5 3.0
MRAC0802 70 71 MR16344 88.6 263.0 21.1 80.8 13.6 34.0 7.0 3.0 1.9 10.3 1.3 0.2 1.3 0.3 1.7
MRAC0850 29 31 MR16701 58.2 158.5 16.2 61.0 11.2 45.6 8.3 4.8 2.1 9.2 1.7 0.7 1.4 0.7 4.4
MRAC0851 40 44 MR16703 41.0 134.5 15.9 60.8 11.2 19.0 5.5 2.5 1.4 6.8 0.9 0.3 1.0 0.3 2.1
MRAC0851 44 45 MR16704 123.5 274.0 37.2 151.0 25.9 41.0 12.3 5.1 3.2 17.6 2.1 0.5 2.3 0.6 3.6
MRAC0852 36 40 MR16705 25.4 51.6 6.0 22.9 4.1 11.4 2.4 1.1 0.7 3.2 0.4 0.1 0.4 0.1 0.8
MRAC0852 40 41 MR16706 32.4 64.7 7.4 27.4 4.5 9.3 2.2 0.9 0.7 3.3 0.4 0.1 0.4 0.1 0.6
MRAC0852 41 42 MR16707 17.4 35.8 4.1 16.3 3.1 8.3 2.1 0.8 0.5 2.7 0.3 0.1 0.4 0.1 0.6
MRAC0853 43 46 MR16708 54.1 113.5 13.7 52.9 8.6 24.3 4.6 2.4 1.9 6.3 0.9 0.3 0.8 0.3 1.8
MRAC0853 46 47 MR16709 39.8 82.0 9.8 37.9 6.0 16.9 3.2 1.7 1.2 4.3 0.6 0.2 0.6 0.2 1.3
MRAC0853 47 48 MR16710 36.3 76.9 9.4 38.3 6.8 24.7 4.6 2.5 1.4 5.7 0.9 0.3 0.8 0.3 2.1
MRAC0854 37 40 MR16711 66.2 150.0 17.9 68.9 13.0 31.2 7.8 3.4 2.2 9.8 1.3 0.4 1.4 0.4 2.7
MRAC0855 21 24 MR16713 29.4 72.0 8.7 35.7 7.2 23.7 5.3 2.5 1.6 6.2 1.0 0.3 0.9 0.3 1.9
MRAC0856 36 40 MR16715 28.6 64.9 7.5 31.4 6.7 44.6 7.3 4.6 1.4 6.9 1.6 0.6 1.1 0.6 3.9
MRAC0856 40 44 MR16716 36.2 79.6 8.9 35.9 7.3 33.9 6.1 3.5 1.4 6.6 1.3 0.4 1.0 0.5 2.9
MRAC0857 17 21 MR16719 45.2 101.5 11.2 43.5 7.8 22.2 4.5 2.3 1.2 6.1 0.9 0.3 0.8 0.3 2.0
MRAC0858 26 28 MR16722 60.9 113.0 17.0 68.9 13.6 64.5 11.1 6.0 2.8 13.1 2.2 0.6 1.8 0.8 4.4
MRAC0858 28 29 MR16723 55.2 110.5 14.5 57.4 11.0 44.9 8.2 4.2 2.0 9.9 1.6 0.5 1.4 0.5 3.2

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Appendix 2

JORC Code, 2012 Edition – Table 1 Report for the Mount Ridley Project Section 1 Sampling Techniques and Data: Aircore Drilling

(Criteria in this section apply to all succeeding sections.)

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.
Mount Ridley Mines Limited (ASX: MRD) has re-assayed parts of 215 aircore holes (MRAC0482
– MRAC0658 (not consecutive)) drilled by the Company between 2016 and 2018. Samples from
these holes were available for re-assay as the pulps were stored at ALS Laboratories, Perth, since
the first assays were completed.
In the respective years’ Annual Technical Report, the Company notes that samples were
generally4m composites and a 1m end of hole sample.
Include reference to measures taken to ensure sample representivity and the
appropriate calibration of any measurement tools or systems used.
Drill hole collar locations reported herein were picked-up using a Garmin hand-held GPS with
approximately +-3m accuracy.
No downhole surveyingwas undertaken
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.
Aircore drilling to deliver Im interval sample piles. Samples of between 1 metre and 4
composited metres taken for analysis.
The size of the sample submitted to the laboratory was 2-4kg in weight, which was dried,
pulverized and packaged in a computer-coded packet. A sub-sample was analysed and the
coded packed then stored.
(AR) New analyses reported herein by ALS Laboratory’s ME-MS41W with MS41W-REE weak
aqua regia digest, and determined by ICP-MS and ICP-AES as appropriate.
(Fusion) Previous analyses by ALS’ ME-MS81, a lithium borate fusion with ICP-MS finish.
Selected samples were also analysed bythe ALS ME-ICP06 whole rockpackage.
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). _
Aircore. A type of reverse circulation drilling using slim rods and a blade bit.
Drill
sample
recovery
Method of recording and assessing core and chip sample recoveries and results
assessed.
Recovery was visually assessed, recorded on drill logs, and considered to be acceptable within
industrystandards.
Measures taken to maximise sample recovery and ensure representative nature of
the samples.
Samples were visually checked for recovery, moisture, and contamination. A cyclone was used
to deliver the sample into buckets.
Whether a relationship exists between sample recovery and grade and whether
sample bias may have occurred due topreferential loss/gain of fine/coarse material.
Not evaluated
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.
Geological logging appropriate for this style of drilling and the stage of the project.
Whether logging is qualitative or quantitative in nature. Core (or costean, channel,
_etc) photography. _
Geological logging is inherently qualitative. More specific logging may be undertaken if chemical
analyses warrant it.
The total length andpercentage of the relevant intersections logged. Loggingof the drill holes was cursory.

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Criteria JORC Code explanation Commentary
Sub-sampling
techniques
and
sample
preparation
If core, whether cut or sawn and whetherquarter, half or all core taken. Not applicable.
If non-core, whether riffled, tube sampled, rotary split, etc and whether sampled wet
_or dry. _
Original aircore samples were collected by a cyclone into a bucket and laid out in rows.
Im or upto 4m composite samples were ‘speared’ from the samplepiles.
For all sample types, the nature, quality, and appropriateness of the sample
preparation technique.
Sampling technique is appropriate for the stage of the project.
Quality control procedures adopted for all sub-sampling stages to maximize
representivity of samples.
Not undertaken, as reported analyses are of previously prepared sample pulps.
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.
While field QAQC procedures included the insertion of field duplicates and commercial
standards at pre-specified intervals at the time of drilling, these were not available for the
program of re-analysis.
Whether sample sizes are appropriate to the grain size of the material being
sampled.
Sample size meets the industry standard.
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.
(AR) New analyses reported herein by ALS Laboratory’s ME-MS41W with MS41W-REE weak aqua
regia digest and determined by ICP-MS and ICP-AES as appropriate. This is intended to be a
partial digest method.
The analytical techniques were recommended by the Company’s metallurgical consultant, and
nominated as appropriate byALS.
For geophysical tools, spectrometers, handheld XRF instruments, etc, the parameters
used in determining the analysis including instrument make and model, reading
times, calibrationsfactors applied and their derivation, etc.
None used
Nature of quality control procedures adopted (eg standards, blanks, duplicates,
external laboratory checks) and whether acceptable levels of accuracy (ie lack of bias)
andprecision have been established.
ALS analysed 6 different standards, which were predominantly 3rdparty independently
manufactured.
Verification
of
sampling
and
assaying
The verification of significant intersections by either independent or alternative
company personnel.
Significant intersections verified by an independent consultant.
The use of twinned holes. Not applicable.
Documentation of primary data, data entry procedures, data verification, data
storage (physical and electronic) protocols.
All collected data stored in a commercially managed database.
Discuss any adjustment to assay data. Raw assays are stored in the commerciallymanaged database
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.
Preliminary drill hole collar locations noted in Table 6 were surveyed using a hand-held GPS with
+- 3m accuracy.
Specification of thegrid system used. GDA94-51
Quality and adequacy of topographic control. RL’s estimated from a digital elevation model with points gained as a component of an
aeromagnetic survey. The datum may have some error, but RL of holes should be fit for purpose
on a hole to hole basis.
Data spacing and
distribution
Data spacing for reporting of Exploration Results. Varies. Generally, 500 x 100m. Occasional infills on 100 x 20m, and additional semi regional
traverses.
Whether the data spacing and distribution is sufficient to establish the degree of
geological and grade continuity appropriate for the Mineral Resource and Ore
Reserve estimationprocedure(s) and classifications applied.
Insufficient data collected for a Mineral Resource Estimate.
Whether sample compositing has been applied. 1m intervals and 2-4m composites analysed.

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Criteria JORC Code explanation Commentary
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.
Not determined yet. Likely unbiased as vertical holes are sampling a horizontal mineralized
feature.
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.
Unlikely to be biased.
Sample security _The measures taken to ensure sample security. _ Samples were stored at the laboratory.
Audits or reviews The results of any audits or reviews of sampling techniques and data. Sampling techniques are consistent with industry standards. A third party geochemical specialist
is reviewingthe data.

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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.
Tenements E63/1547, E63/1564, E63/1617 and E63/2112, located from 35km northwest
of Esperance, Western Australia. Registered Holder is Mount Ridley Mines Limited
(Company) (100%).
The Project is subject to a Full Determination of Native Title: which is held by the
Esperance Nyungars
NNTT Number: WC2004/010,Federal Court Number: WAD28/2019
The security of the tenure held at the time of reporting along with any known
impediments to obtaining a license to operate in the area.
The tenements are in good standing, and there are no impediments to operating in the
targeted areas other than requirements of the DMIRS and Heritage Protection
Agreements,all of which are industry-standard.
Exploration done by
other parties
Acknowledgment and appraisal of exploration by other parties. Many parties, including Government organisations, private and public companies, have
explored the area. A substantial compilation of work prior to Mount Ridley was by Bishop
who was the first to research and champion the potential of Grass Patch, interpreted as a
large, crudely layered, amphibolite-gabbro complex beneath shallow cover sediments. The
mafic complex is considered to have the potential to host nickel-copper sulphide deposits
and PGE deposits. completed detailed litho-geochemistry interpretation from ‘best
available’ end of hole assays, development of a geological map based on this information.
Additional drilling tested the models but didn’t return assays of commercial consequence.
Mount Ridley has completed a large complement of geophysical surveys and drilling,
aimed at nickel sulphides and gold. The samples reported herein were generated during
the search for nickel sulphides.
Nearby, Salazar Gold Pty Ltd were the first company to search for REE in the Great
Southern,identifyingthe Splinter REE deposit. Work started in 2010 and continues now.
Geology Deposit type, geological setting, and style of mineralisation. Ionic Adsorption Clayor Saprolite-hosted Rare Earth Deposit.
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: 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 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.
All relevant data for the drilling conducted is tabulated in Appendix 1 of this
announcement.
It should be noted that RL is estimated from a digital elevation model gained during an
aeromagnetic survey.

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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.
Assay results not reported.
Conversions from elements to oxides:
Assay results not reported.
Conversions from elements to oxides:
Assay results not reported.
Conversions from elements to oxides:
Ce_ppm 1.2284 CeO2_ppm
Dy_ppm 1.1477 Dy2O3_ppm
Er_ppm 1.1435 Er2O3_ppm
Eu_ppm 1.1579 Eu2O3_ppm
Gd_ppm 1.1526 Gd2O3_ppm
Ho_ppm 1.1455 Ho2O3_ppm
La_ppm 1.1728 La2O3_ppm
Lu_ppm 1.1372 Lu2O3_ppm
Nd_ppm 1.1664 Nd2O3_ppm
Pr_ppm 1.2082 Pr6O11_ppm
Sm_ppm 1.1596 Sm2O3_ppm
Tb_ppm 1.1762 Tb4O7_ppm
Tm_ppm 1.1421 Tm2O3_ppm
Y_ppm 1.2695 Y2O3_ppm
Yb_ppm 1.1387 Yb2O3_ppm
Source: www.geol.umd.edu/~piccoli/probe/molweight.html
TREO: the sum of La2O3, CeO2, Pr6O11,Nd2O3, Sm2O3,Eu2O3,Gd2O3, Tb4O7, Dy2O3Ho2O3,
Er2O3, Tm2O3, Yb2O3,Lu2O3, Y2O3.
HREO: the sum of Gd2O3, Tb4O7, Dy2O3Ho2O3, Er2O3, Tm2O3, Yb2O3,Lu2O3, Y2O3.
LREO: the sum of La2O3, CeO2, Pr6O11,Nd2O3, Sm2O3,Eu2O3.
CREO: the sum of Dy2O3,Eu2O3,Nd2O3,Tb4O7,and Y2O3.
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’).


The interdependence of mineralisation width and length has not been established. To date
the targeted mineralisation seems to be a flat-lying sheet. The sheet margins have not
been determined.
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 Tables 1-4 in the body of text, Table 5 and maps appended in Appendix 1A and
Table 6 in Appendix 1B.
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.
All assay results from this work program are presented in Table 6 in Appendix 1B.
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.
All new, meaningful, and material exploration data has been reported

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Further work The nature and scale of planned further work (eg tests for lateral extensions
or depth extensions or large-scale step-out drilling).
Analysis of additional samples is progressing and will be reported when received.
Mineralogy and further metallurgical test work is progressing.
Drilling is planned.
Diagrams clearly highlighting the areas of possible extensions, including the
main geological interpretations and future drilling areas, provided this
information is not commercially sensitive.