Project Number: 123

Deposit Number: 101

Location: Biobio, Chile

Resource (*10^4 t, REO, Total): 5.4967

Grade (wt. %): 0.2415

La2O3: 11.6

Ce2O3: 4

Pr6O11: 2.9

Nd2O3: 12.5

Sm2O3: 2.6

Eu2O3: 0.2

Gd2O3: 3.1

Tb4O7: 0.7

Dy2O3: 5.5

Ho2O3: 1.3

Er2O3: 4

Tm2O3: 0.5

Yb2O3: 3.1

Lu2O3: 0.5

Y2O3: 47.4

HREE Percentage: 66.1

REE Pattern Reference: https://uploads-ssl.webflow.com/6267a587be31507747a1c8b6/62827cbee3973f2e40c90e4d_Aclara-Canaccord-Presentation-May.-2022_final.pdf

Project and Status Reference: https://uploads-ssl.webflow.com/6267a587be31507747a1c8b6/62827cbee3973f2e40c90e4d_Aclara-Canaccord-Presentation-May.-2022_final.pdf; https://www.mining-technology.com/news/hochschild-demerge-chilean-rare-earth/

Deposit Type Reference: https://uploads-ssl.webflow.com/6267a587be31507747a1c8b6/62827cbee3973f2e40c90e4d_Aclara-Canaccord-Presentation-May.-2022_final.pdf; https://www.mining-technology.com/news/hochschild-demerge-chilean-rare-earth/

Resource and Grade Reference: https://uploads-ssl.webflow.com/6267a587be31507747a1c8b6/62827cbee3973f2e40c90e4d_Aclara-Canaccord-Presentation-May.-2022_final.pdf