Ann: 117% increase in Indicated Resource at La Paz, page-27

Amigos, it was a great result. Welcome to all new investors and to people who are checking out ARR. One thing that may not be clear from the first read of the announcement is the total size of La Paz. The JORC resource is shown in the first map below, and it was developed from the shallow RC drilling several years ago. But the southwest area is not in the JORC yet. It is shown in the the second map. That southwest area was discovered by ARR in 2020 and this extra ground was added then. Drill holes 2, 3 & 4 were long step-outs to test the continuation of the deposit in the new area to the south west. Hole 2 was not mineralised. However, holes 3 and 4 discovered mineralisation similar to the JORC. ARR has announced that these two holes could indicate a new large deposit further southwest, so now it is submitting new claims to further increase the area of ground in that direction. So the current JORC is actually a "small" part of the whole mineralised prospect. Importantly the assays of drill holes 3 and 4 had low background levels of radioactive metals, and consistent mineralisation with magnetic rare earths. Good luck all.

Map of the JORC resource (below)


Map of the prospect not included yet in the resource (below)