Initial Drill Results Received With Strategic Rare Earth Mineralisation Discovered

HIGHLIGHTS

• Significant rare earth mineralisation discovered (-45μm fraction)

- 40% of samples averaging 1,493ppm TREO (above a 500ppm cut-off)

- Maximum TREO value of 6,285ppm (0.62%)

- Mineralisation encountered from 5 metres below surface

• Significant portion of very high Al2O3 results corresponding with ultra-bright kaolin identified

• All sizing and XRF assay testing completed

• Partial ISO brightness results received

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