re: Ann: Rare Earth Drill Results - Quantum P... Extracts from...

re: Ann: Rare Earth Drill Results - Quantum P... Extracts from the report:

Total Rare Earth (TREE) grades of up to 9.7% have been returned after further analysis of recently reported intersections at Quantum.
A drill intersection including a zone of 33m @ 1.76% TREE from 246m contains a high grade zone of 6m @ 6.55% TREE from 248m in hole TDD8.
Assays remain pending for diamond drilling completed beneath this intersect on a major sulphide rich structure.

The gold, silver and uranium mineralisation that is associated with the rare earth mineralisation1 adds further potential to this significant
discovery.


Several other similar looking sulphide rich zones occur further down hole in TDD08 and in hole TDD09 (drilled underneath TDD8 on a major geological structure). Assays are pending.

Distribution of valuable REE percentages within the intersect are comparable with other significant REE mines/resources across the world. Average grade within the 6m intersect for Neodymium (Nd) plus Praseodymium (Pr) plus Dysprosium (Dy) is 15%.