The area that is the subject of the Option Agreement is of great importance as it will secure the western boundary of the Figueira Licence, which has an inferred MRE of 50Mt @ 2,811ppm TREO. Our resource work clearly demonstrates that high grade mineralisation is present right up to the western boundary of the Figueira Licence and likely continues into key Licences now under Option.
Ann: Further Strategic Expansion of Caldeira REE Project, page-3
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