Vital commences drilling to define mine plan for Stage 2 rare earths production at Nechalacho

• Vital commences drilling program at Nechalacho REE project in North West Territories,
• Initial program of 30 holes (1,800m) diamond drill program aims to define a
preliminary mine plan for Stage 2 production from Tardiff resource (94.7Mt @ 1.46%
TREO with over 1.3Mt contained rare earths)
• Mine plan to provide sufficient feed for Nechalacho’s targeted Stage 2 production of
5,000t REO/yr from the high grade bastnaesite zone (3.2Mt @ 2.38% TREO)
• Vital on track to commence Stage 1 rare earth oxide production from North T at
Nechalacho by end of CY2021
• T Zone drilling program to targetsatellite depositsto evaluate the potential to expand
the high-grade North T resource of 105,000 tonnes at 8.9% TREO

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