They would have a good idea of the Grades of Rare Earths from...

They would have a good idea of the Grades of Rare Earths from these 11,000m of assays given they would have been analyzing them with an XRF machine on site.

Dr Rob Stuart states from the 13min 50 mark “our grades on these Rare Earths are such that we intend to become a player in this space, to become a new part of this industry.”

You don’t make statements like that unless you have seen using an XRF analyser, how high these REE Clays are at the labs.

See below in highlighted in red:

”Initial XRF and visual observations are encouraging and suggest the possibility of an extensive, near surface, rare earth system.”



Don’t forget, 500-700ppm TREO in Clays is very profitable and DM1 is averaging 1,200ppm to 4,200ppm.

Then there is this below, suggesting for the first time at the South West Mining Conference:

“…potentially Globally Significant Clay Rare REE mineralisation”

Again you don’t make statements like that unless these assays will continue to be thick and high grade.

Only question is how big is this thing? 10km, 15km, 20km or more strike length by 4-5km wide.