Increase in Mt Weld Resource Estimate
for the Central Lanthanide Deposit and Duncan Deposit
Highlights
? The Mineral Resource estimate for Mount Weld is now 23.9 million tonnes, at an average grade of 7.9% REO, for a total of 1.9 million tonnes REO. This represents a 37% increase
versus the previous Resource estimate announced in September 2010 and a 34% increase in contained REO. This Resource is comprised of the Central Lanthanide Deposit and the Duncan Deposit.
? The Resource estimate for the Central Lanthanide Deposit has increased by 51% to 14.9 million tonnes, at an average grade of 9.8% REO, for a total of 1.5 million tonnes REO.
This represents a 38% increase in contained REO.
? The Resource estimate for the Duncan Deposit has increased by 18% to 9.0 million tonnes, at an average grade of 4.8% REO, for a total of 431,600 tonnes REO. This also
represents an increase of 18% in contained REO.
? Preliminary process test work on the Duncan deposit continues.
announcement, page-8
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