Project Number: 16

Deposit Number: 16

Location: Thor lake, Canada

Resource (*10^4 t, REO, Total): 138.7

Grade (wt. %): 1.464

La2O3: 17.4103877103146

Ce2O3: 40.0146305779078

Pr6O11: 4.90124359912217

Nd2O3: 19.239209948793

Sm2O3: 3.73079736649598

Eu2O3: 0.438917337234821

Gd2O3: 2.99926847110461

Tb4O7: 0.365764447695684

Dy2O3: 1.75566934893928

Ho2O3: 0.292611558156547

Er2O3: 0.731528895391368

Tm2O3: 0.0731528895391368

Yb2O3: 0.585223116313094

Lu2O3: 0.0731528895391368

Y2O3: 7.38844184345282

HREE Percentage: 14.2648134601317

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: http://www.cre-ol.com/newsitem/278403394

Deposit Type Reference: Timofeev, A., & Williams-Jones, A. E. (2015). The origin of niobium and tantalum mineralization in the Nechalacho REE Deposit, NWT, Canada. Economic Geology, 110(7), 1719-1735.

Resource and Grade Reference: Vital Metals Limited, 2019, https://vitalmetals.com.au/resources/