Mr Brian Thomas, Non Executive Director commented “The discovery...

Mr Brian Thomas, Non Executive Director commented “The discovery of additional ironstones at the Company’s Gascoyne rare earth project is an exciting development. These ironstones have never been sampled for rare earths and are identical to the ironstones that host the major rare earth mine at Hastings, less than 3km away. The close proximity to Yangibana, combined with the recent successes of our neighbouring tenement holder Dreadnought Resources discovering high grade ironstones and REE bearing carbonatites, highlights the fertile nature of the area. This validates the Company’s conviction to be an early mover in the region to explore for rare earths. We are eagerly awaiting the assay results and planning the first drill program for Q2 this year to test these new discoveries.”