Ann: Maiden Tiger Kaolin Resource & Rare Earth Element Potential, page-2

Maiden Tiger Kaolin Resource and Regional Rare Earth Element Potential

Summary
* The inaugural Mineral Resource Estimate completed for the Tiger Kaolin Deposit
* 100% Indicated Resource of 12.1Mt of Bright White kaolinised granite
* ISO Brightness R457 cut-off of 75 yielding 7.2Mt of <45-micron kaolin product
* Regional elevated levels of cerium in clay-rich intervals indicating the potential presence of ionic adsorption clay rare earth elements (REEs)
* This type of mineralisation is rarely found outside of China and is generally considered to be some of the cheapest and most readily accessible sources of heavy rare earths
* Regional potential for Rare Earth Element ion-adsorption clay deposits is being assessed.

The main focus for Andromeda remains delivery of the Great White DFS and permitting of the Mining Lease

GLATH