Some more great progress! It's no wonder the team is...

Some more great progress! It's no wonder the team is excited....

1. Up to 90.4% of the valuable rare earth elements can be recovered through upstream beneficiation tests.

2. Cheap and simple screening and hydro-cyclone classification can be applied to discard the coarse fraction (+20µm), removing waste material and deleterious elements, while retaining up to 90.4% of the rare earth elements.

3. Rare earth grade increased by up to 91% by rejecting the coarse fraction (+20µm) with the grade increase evenly distributed between light, heavy, and magnet rare earth elements.

4. Next phase of metallurgical testing now underway with recovery optimisation test work.

5. Shallowing cover profile to the northwest at Circle Valley, corresponding with a +1,000ppm high-grade component of the rare earth mineralization, rich in NdPr magnet rare earth elements.

6. Delivery of an initial Mineral Resource on track for June 2023 quarter.

And REE isn't even priced into the MC yet...

Oh, and then there is the actual gold that we've all been focusing on... an exciting road ahead!