Project Number: 5

Deposit Number: 5

Location: Dubbo, New South Wales, Australia

Resource (*10^4 t, REO, Total): 55.63

Grade (wt. %): 0.74

La2O3: 19.5725534308211

Ce2O3: 36.8953880764904

Pr6O11: 4.04949381327334

Nd2O3: 14.1732283464567

Sm2O3: 2.13723284589426

Eu2O3: 0.112485939257593

Gd2O3: 2.13723284589426

Tb4O7: 0.337457817772778

Dy2O3: 2.02474690663667

Ho2O3: 0.337457817772778

Er2O3: 1.12485939257593

Tm2O3: 0.112485939257593

Yb2O3: 1.01237345331834

Lu2O3: 0.112485939257593

Y2O3: 15.8605174353206

HREE Percentage: 23.0596175478065

REE Pattern Reference: Paulick, H., & Machacek, E. (2017). The global rare earth element exploration boom: An analysis of resources outside of China and discussion of development perspectives. Resources Policy, 52, 134-153.

Project and Status Reference: https://asm-au.com/dubbo-project-overview/resources-and-reserves/

Deposit Type Reference: Spandler, C., & Morris, C. (2016). Geology and genesis of the Toongi rare metal (Zr, Hf, Nb, Ta, Y and REE) deposit, NSW, Australia, and implications for rare metal mineralization in peralkaline igneous rocks. Contributions to Mineralogy and Petrology, 171(12), 1-24.

Resource and Grade Reference: Australian Strategic Materials, Annual Report 2021, https://www.asx.com.au/asxpdf/20211022/pdf/45203ydmw38kk0.pdf