Ann: Fine Grained Alkaline Igneous Host of High Grade Nb/REE, page-38

Great interview. Thanks for sharing. A quick summary below (probably missed some things)

• Paynes Find
• Currently doing work in preparation to monetise the Paynes Find gold
• A satellite pit has come up with additional ounces (announcement coming soon)
• Potential for a significant gold resource
• Potential to partner with larger player
• Concurrent focus along with Wabli Creek

• Wabli Creek
• Team currently doing a mapping exercise
• Heritage approval announcement out next week
• Drilling likely to be in October

• REEcycle
• Just received a $5.2 million US Government grant
• Hoping to provide a shareholder update in the near term

• Other
• Not doing anything with Manganese at the moment but it has strong potential (will look at options next year)
• Delta commenced drilling on Morrisey Hill last week
• $6 million in cash
• Looking at other projects (interested in Copper) but not jumping into anything needlessly