Substantial Increase in Resource Size and Grade at North-T Zone Nechalacho

HIGHLIGHTS

  • Updated Measured and Indicated JORC 2012 Resource of 101,000 T @ 9.01% LREO (2.2% NdPr) with cut-off grade of 0.3%.
  • Resource is within 30m of surface
  • Resource grade is consistent with samples used for ore sorting testwork which achieved a 35% concentrate grade by a single pass, as announced on 5th December, 2019
  • Increased rare earth grade and tonnage increases the potential for a very low cost, early production North T starter pit

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