A drill intercept of 6.2 meters at 1.75% TREO is a very good...

A drill intercept of 6.2 meters at 1.75% TREO is a very good result for a rare earth element (REE) deposit. REE deposits typically have much lower grades than other minerals, such as gold or copper. Therefore, a high-grade intercept like this is significant and could potentially indicate the presence of an economically viable deposit, for rare earth element (REE) deposits, a grade of 1.75% TREO is considered high. REE deposits are generally much lower grade than other minerals, and grades above 1% TREO is considered significant.