Ann: More Thick and High-Grade REE Results at Caralue Bluff, page-2

MORE THICK, HIGH-GRADE REE RESULTS AT
CARALUE BLUFF PROSPECT, SOUTH AUSTRALIA
Kaolin and REE rich samples from the Caralue Bluff Prospect, Eyre Peninsula,
South Australia
• Further drill results from the Caralue Bluff regolith hosted REE
– Kaolin Prospect return thick, high-grade intervals of REE
mineralisation in the clay rich weathering profile, consolidating
and expanding the area of REE mineralisation
• Intersections at Caralue Bluff include:
o CBAC22-071 – 12m @ 2,343 ppm TREO from 9m
o CBAC22-074 – 17m @ 1,774 ppm TREO from 4m
o CBAC22-068 – 12m @ 1,326 ppm TREO from 6m
o CBAC22-034 – 12m @ 913 ppm TREO from 13m
o CBAC22-013 – 16m @ 776 ppm TREO from 2m
o CBAC22-064 – 12m @ 784 ppm TREO from 11m
o CBAC22-055 – 15m @ 747 ppm TREO from 4m
• These results infill and expand the thick, high-grade nature of
clay hosted REE mineralisation in the south-east of the prospect
• Results from a further 27 drill holes are reported here with over
100 drill holes still to be reported
• All drill results are expected by the end of July
“The Caralue Bluff Prospect continues to deliver thick, high-grade clay
hosted REE mineralisation, close to surface, over a large area of more
than 10 km by 9 km. With over 100 drill holes still to be reported we
hope to see the prospect continue to deliver.