Cobra Resource. Regulatory News (COBR)

Cobra Resources plc

Rupert Verco (Australia)

Dan Maling (UK)

via Vigo Consulting

+44 (0)20 7390 0234

SI Capital Limited (Joint Broker)

Nick Emerson

Sam Lomanto

+44 (0)1483 413 500

Peterhouse Capital Limited (Joint Broker)

Duncan Vasey

Lucy Williams

+44 (0)20 7469 0932

Vigo Consulting (Financial Public Relations)

Ben Simons

Charlie Neish

Kendall Hill

+44 (0)20 7390 0234

Hole ID

From

To

Interval

Au (g/t)

Including

CBRC0050

65

98

33

1.03

Including 9m @ 2.09 g/t Au [65-75m]

CBRC0043

30

126

96

0.55

Including 8m at 0.61 g/t Au [32-40m]

Including 20m at 1.5 g/t Au [88-108m]

Including 10m at 0.92 g/t Au [114-124m]

CBRC0042

83

102

19

0.79

Including 5m at 2.65 g/t Au [83-87m]

CBRC0044

109

118

9

0.23

Hole ID

DH From (m)

DH To (m)

DH Intercept (m)

Depth From Surface

True Width (m)

TREO (ppm)

Praseodymium

Neodymium

Terbium

Dysprosium

Pr6O11

Nd2O3

Tb4O7

Dy2O3

ppm

% TREO

ppm

% TREO

ppm

% TREO

ppm

% TREO

CBRC0042

42

51

9

38.1

8.2

561

25

4.4%

92

16.4%

2

0.3%

10

1.8%

CBRC0043

35

54

19

32.9

17.9

603

30

4.9%

107

17.7%

2

0.4%

14

2.4%

Inc

41

46

5

38.5

4.7

1,296

76

5.9%

277

21.4%

6

0.5%

35

2.7%

CBRC0044

33

54

21

31.0

19.7

717

35

4.9%

129

18.0%

3

0.4%

16

2.3%

Inc

35

45

10

32.9

9.4

1030

56

5.4%

202

19.7%

4

0.4%

25

2.4%

CBRC0045

33

57

24

31.0

22.6

638

25

3.9%

95

14.9%

3

0.4%

16

2.6%

Inc

33

36

3

31.0

2.8

993

33

3.4%

125

12.5%

3

0.3%

16

1.6%

Inc

39

41

2

36.6

1.9

1972

108

5.5%

400

20.3%

10

0.5%

51

2.6%

Inc

54

57

3

50.7

2.8

1053

26

2.5%

114

10.9%

6

0.6%

43

4.1%

CBRC0046

21

64

43

19.7

40.4

669

31

4.7%

113

16.9%

2

0.3%

13

2.0%

Inc

21

36

15

19.7

14.1

852

45

5.2%

160

18.8%

3

0.3%

16

1.9%

Inc

51

61

10

47.9

9.4

830

34

4.0%

124

15.0%

3

0.3%

16

2.0%

CBRC0047

20

30

10

18.8

9.4

682

36

5.2%

127

18.6%

3

0.4%

17

2.5%

Inc

25

28

3

23.5

2.8

1322

68

5.2%

246

18.6%

6

0.5%

37

2.8%

CBRC0048

20

57

37

18.8

34.8

629

35

5.6%

120

19.1%

3

0.5%

17

2.7%

Inc

20

21

1

18.8

0.9

9024

688

7.6%

2293

25.4%

52

0.6%

277

3.1%

CBRC0049

17

27

10

16.0

9.4

513

23

4.5%

83

16.2%

2

0.4%

12

2.3%

CBRC0050

16

21

5

15.0

4.7

380

16

4.2%

57

14.9%

1

0.3%

6

1.6%

CBRC0050

51

55

4

47.9

3.8

456

20

4.4%

71

15.6%

1

0.3%

7

1.5%

CBRC0051

15

23

8

14.1

7.5

783.2

35

4.4%

117

15.0%

3

0.3%

15

2.0%

Inc

19

21

2

17.9

1.9

1447

61

4.2%

207

14.3%

5

0.3%

29

2.0%

CBRC0052

18

42

24

16.9

22.6

435.2

18

4.1%

65

15.0%

2

0.4%

9

2.2%

CBRC0053

13

25

12

11.8

10.9

413

19

4.5%

67

16.2%

1

0.3%

7

1.7%

CBRC0054

18

35

17

16.9

16.0

920.1

40

4.4%

139

15.1%

3

0.3%

15

1.7%

Inc

22

28

6

20.7

5.6

1446

67

4.7%

238

16.5%

5

0.3%

26

1.8%

CBRC00091

30

50

20

29.5

19.7

550

28

5.0%

101

18.3%

2

0.4%

13

2.3%

Inc

31

39

8

30.5

7.9

875

48

5.5%

176

20.1%

4

0.4%

21

2.4%

Hole ID

Easting

Northing

RL

Depth

Dip

Azimuth

Assays Received/ Reported

Au

Multi Element

Lanthanide

CBRC0009

547,047

6,364,928

105.9

123

-80

180

P

P

P

CBRC0042

546,945

6,364,933

105.6

162

-65

60

P

Y

Y

CBRC0043

547,065

6,364,940

105.6

126

-70

240

P

Y

Y

CBRC0044

547,107

6,364,965

104.9

190

-70

240

P

Y

Y

CBRC0045

547,151

6,364,992

104.7

138

-70

240

P

Y

Y

CBRC0046

546,903

6,364,963

104.8

156

-70

240

P

Y

Y

CBRC0047

546,993

6,365,014

106.2

138

-70

240

Y

Y

Y

CBRC0048

547,025

6,365,037

106.1

144

-70

240

Y

Y

Y

CBRC0049

547,080

6,365,065

104.3

144

-70

240

Y

Y

Y

CBRC0050

546,942

6,365,104

104.1

156

-70

240

Y

Y

Y

CBRC0051

546,985

6,365,128

104.3

156

-70

240

Y

Y

Y

CBRC0052

547,028

6,365,152

105.2

160

-70

240

Y

Y

Y

CBRC0053

546,906

6,364,667

107.1

150

-65

240

Y

Y

Y

CBRC0054

547,356

6,364,707

109.6

162

-70

240

Y

Y

Y

CBRC0055

547,311

6,364,682

108.4

162

-65

240

Y

X

X

Hole ID

From [m]

To [m]

Au (g/t)

CBRC0050

65

66

3.23

CBRC0050

66

67

4.92

CBRC0050

67

68

5.24

CBRC0050

68

69

0.58

CBRC0050

69

70

0.13

CBRC0050

70

71

0.24

CBRC0050

71

72

0.07

CBRC0050

72

73

0.14

CBRC0050

73

74

3.83

CBRC0050

74

75

0.84

CBRC0050

75

76

0.33

CBRC0050

76

77

0.25

CBRC0050

77

78

0.15

CBRC0050

78

79

0.25

CBRC0050

79

80

0.50

CBRC0050

80

81

0.25

CBRC0050

81

82

0.38

CBRC0050

82

83

0.12

CBRC0050

83

84

2.38

CBRC0050

84

85

1.27

CBRC0050

85

86

0.78

CBRC0050

86

87

0.41

CBRC0050

87

88

0.34

CBRC0050

88

89

0.15

CBRC0050

89

90

0.84

CBRC0050

90

91

0.61

CBRC0050

91

92

0.54

CBRC0050

92

93

0.55

CBRC0050

93

94

0.91

CBRC0050

94

95

0.19

CBRC0050

95

96

0.85

CBRC0050

96

97

0.92

CBRC0050

97

98

1.99

CBRC0050

98

99

0.36

CBRC0050

99

100

0.20

CBRC0050

100

101

0.08

CBRC0050

101

102

0.37

CBRC0050

102

103

0.29

CBRC0050

103

104

1.46

Criteria

JORC Code explanation

Commentary

Sampling techniques

· Nature and quality of sampling (eg cut channels, random chips, or specific specialised industry standard measurement tools appropriate to the minerals under investigation, such as downhole gamma sondes, or handheld XRF instruments, etc). These examples should not be taken as limiting the broad meaning of sampling.

· Include reference to measures taken to ensure sample representivity and the appropriate calibration of any measurement tools or systems used.

· Aspects of the determination of mineralisation that are Material to the Public Report.

· In cases where 'industry standard' work has been done this would be relatively simple (eg 'reverse circulation drilling was used to obtain 1 m samples from which 3 kg was pulverised to produce a 30 g charge for fire assay'). In other cases, more explanation may be required, such as where there is coarse gold that has inherent sampling problems. Unusual commodities or mineralisation types (eg submarine nodules) may warrant disclosure of detailed information.

· Sampling during Cobra Resources' 2021 RC drilling programme at the Clarke prospect was obtained through RC drilling methods.

· Historic RC and RAB drilling methods have been employed at Clarke and Baggy Green prospects since 2000. Rotary air-core drilling occurred earlier in 2021 and was used to aid in the programme design but have not been used for grade estimations or defining results that are reported in this announcement.

· Samples were collected via a Metzke cone splitter mounted to the cyclone. 1m samples were managed through chute and butterfly valve to produce a 2-4 kg sample. Samples were taken from the point of collar, but only samples from the commencement of saprolite were selected for analysis.

· Samples submitted to the Genalysis Intertek Laboratories, Adelaide, and pulverised to produce the 50 g fire assay charge.

Drilling techniques

· Drill type (eg core, reverse circulation, open-hole hammer, rotary air blast, auger, Bangka, sonic, etc) and details (eg core diameter, triple or standard tube, depth of diamond tails, face-sampling bit or other type, whether core is oriented and if so, by what method, etc).

· Drilling completed by Bullion Drilling Pty Ltd using 5 ¾" reverse circulation drilling techniques from a Schramm T685WS rig with an auxiliary compressor.

· 2020 RC Drilling was undertaken by Hagstrom Drilling using an Austrex AC/RC rig using a 140 mm bit.

Drill sample recovery

· Method of recording and assessing core and chip sample recoveries and results assessed.

· Measures taken to maximise sample recovery and ensure representative nature of the samples.

· Whether a relationship exists between sample recovery and grade and whether sample bias may have occurred due to preferential loss/gain of fine/coarse material.

· Sample recovery was generally good with water being intersected in 10% of the drilled holes. All samples were recorded for sample type, quality and contamination potential and entered within a sample log.

· In general, sample recoveries were good with 35-50 kg for each one metre interval being recovered.

· No relationships between sample recovery and grade have been identified.

Logging

· Whether core and chip samples have been geologically and geotechnically logged to a level of detail to support appropriate Mineral Resource estimation, mining studies and metallurgical studies.

· Whether logging is qualitative or quantitative in nature. Core (or costean, channel, etc) photography.

· The total length and percentage of the relevant intersections logged.

· All drill samples were logged by an experienced geologist at the time of drilling. Lithology, colour, weathering and moisture were documented.

· All drilled metres were logged.

· Logging is generally qualitative in nature.

· All RC drill metres have been geologically logged (2,144m in total).

Sub-sampling techniques and sample preparation

· If core, whether cut or sawn and whether quarter, half or all core taken.

· If non-core, whether riffled, tube sampled, rotary split, etc and whether sampled wet or dry.

· For all sample types, the nature, quality and appropriateness of the sample preparation technique.

· Quality control procedures adopted for all sub-sampling stages to maximise representivity of samples.

· Measures taken to ensure that the sampling is representative of the in situ material collected, including for instance results for field duplicate/second-half sampling.

· Whether sample sizes are appropriate to the grain size of the material being sampled.

· Sample recovery from hole CBRC0042 was considered excessive. All samples were split using a secondary riffle splitter to obtain a 50% sample reduction to produce a more manageable sample. Once chute and valve settings were adjusted to provide suitable sample returns, no further sub-sampling was required.

· Additional sub-sampling was performed through the preparation and processing of samples according to the laboratory's internal protocols.

· Duplicate samples were collected from the second chute on the cyclone splitter at a 1 in 20 sample frequency.

· Sample sizes were appropriate for the material being sampled.

Quality of assay data and laboratory tests

· The nature, quality and appropriateness of the assaying and laboratory procedures used and whether the technique is considered partial or total.

· For geophysical tools, spectrometers, handheld XRF instruments, etc, the parameters used in determining the analysis including instrument make and model, reading times, calibrations factors applied and their derivation, etc.

· Nature of quality control procedures adopted (eg standards, blanks, duplicates, external laboratory checks) and whether acceptable levels of accuracy (ie lack of bias) and precision have been established.

· Samples were submitted to Genalysis Intertek Laboratories, Adelaide, for preparation and analysis.

· Gold quantity was analysed using 50 g fire assay techniques (FA50/OE04) that utilise a 50 g lead collection fire assay with ICP-OES finish to deliver reportable precision to 0.005 ppm.

· Multi-element geochemistry was digested by four acid ICP-MS and analysed for Ag, As, Bi, Ca, Cd, Ce, Co, Cr, Cs, Cu, Fe, Li, Mg, Mn, Mo, Ni, Pb, Pd, Pt, Sb, Se, S, Sn, Sr, Te, U, V, W, Y and Zn.

· Saprolite zones of all holes drilled in 2021 were identified and highlighted to analyse for lanthanide elements.

· 40 additional pulp samples were identified from CBRC0009 (drilled in 2020) to analyse for additional lanthanide elements by 4-acid ICP-MS and analysed for Pr, Nd, Sm, Eu, Gd, Tb, Dy, Ho, Er, Tm, Yb, Lu.

· Field blanks and standards were submitted at a frequency of 1 in 20 samples.

· Field duplicate samples were submitted at a frequency of 1 in 20 samples.

· Reported assays are to acceptable levels of accuracy and precision.

· Samples from the 2020 RC programme analysed by ALS, Adelaide, using AU-GA22 50 g charge. Muti-elements (48) for all samples we analysed using ME-MS61, a 4-acid digest method with an ICP-MS finish.

Verification of sampling and assaying

· The verification of significant intersections by either independent or alternative company personnel.

· The use of twinned holes.

· Documentation of primary data, data entry procedures, data verification, data storage (physical and electronic) protocols.

· Discuss any adjustment to assay data.

· Sampling data was recorded in field books, checked upon digitising and transferred to database.

· Compositing of assays was undertaken and reviewed by Cobra staff.

· Original copies of lab assay data are retained digitally on the Cobra server for future reference.

· Physical copies of field sampling books and field geological logs are retained by Cobra for future reference.

· Historic significant intercepts have been calculated using datamine software with a 0.5 g/t cut-off and a maximum internal dilution of 3m.

· Significant intercepts have been prepared by Mr Rupert Verco and reviewed by Mr Robert Blythman.

Location of data points

· Accuracy and quality of surveys used to locate drill holes (collar and downhole surveys), trenches, mine workings and other locations used in Mineral Resource estimation.

· Specification of the grid system used.

· Quality and adequacy of topographic control.

· Collar locations were surveyed using Leica CS20 GNSS base and rover with 0.05cm instrument precision.

· Locations are recorded in geodetic datum GDA 94 zone 53.

· Downhole surveys were undertaken by Bullion Drilling using a Reflex TN14 Gyro compass and were taken at 10m intervals at the completion of the hole.

· Downhole survey azimuths have been converted from true north to geodetic datum GDA 94 zone 53.

Data spacing and distribution

· Data spacing for reporting of Exploration Results.

· Whether the data spacing and distribution is sufficient to establish the degree of geological and grade continuity appropriate for the Mineral Resource and Ore Reserve estimation procedure(s) and classifications applied.

· Whether sample compositing has been applied.

· Hole CBRC0042 was drilled 75m North of CBRC0009 and was drilled to the northeast.

· Transect CBRC0043 was collared 25m north and 50m east of CBRC0009 and drilled to the southwest. All other holes were drilled to the southeast on northwest transects at a spacing of 50m by 100m.

· Hole dips vary between 60 and 70 degrees.

· No sample compositing has been applied.

Orientation of data in relation to geological structure

· Whether the orientation of sampling achieves unbiased sampling of possible structures and the extent to which this is known, considering the deposit type.

· If the relationship between the drilling orientation and the orientation of key mineralised structures is considered to have introduced a sampling bias, this should be assessed and reported if material.

· The programme was designed to test alternate interpretations on structural orientation.

· Holes CBRC0042 and CBRC0043 were scissored to test the orientation of mineralisation. The results support a northwest strike and an apparent northeast dip. Further results are required to confirm the continuity and validity of the current interpretation.

· Gold results are not presented as true width but are not considered to present any down-dip bias.

· Rare Earth intercepts have been presented as both downhole and true width intercepts. The nature of mineralisation reflects the weathering profile of the saprolite and is therefore horizontal in nature. Reported true widths are calculated as vertical.

Sample security

· The measures taken to ensure sample security.

· Transportation of samples to Adelaide was undertaken by a competent independent contractor. Samples were packaged in zip tied polyweave bags in bundles of five samples and transported in larger bulka bags by batch while being transported.

Audits or reviews

· The results of any audits or reviews of sampling techniques and data.

· No audit or review has been undertaken.

· Genalysis Intertek Laboratories Adelaide are a National Association of Testing Authorities ("NATA") accredited laboratory, recognition of their analytical competence.

Criteria

JORC Code explanation

Commentary

Mineral tenement and land tenure status

· Type, reference name/number, location and ownership including agreements or material issues with third parties such as joint ventures, partnerships, overriding royalties, native title interests, historical sites, wilderness or national park and environmental settings.

· The security of the tenure held at the time of reporting along with any known impediments to obtaining a licence to operate in the area.

· This drilling programme has been carried out on EL 6131, currently owned 100% by Peninsula Resources limited, a wholly owned subsidiary of Andromeda Metals Limited.

· Newcrest Mining Limited retains a 1.5% NSR royalty over future mineral production from both exploration licences.

· Baggy Green, Clarke, Laker and the IOCG targets are located within Pinkawillinie Conservation Park. Native Title Agreement has been negotiated with the NT Claimant and has been registered with the SA Government.

· Aboriginal heritage surveys have been completed over the Baggy Green project area, with no sites located in the immediate vicinity.

· A Native Title Agreement is in place with the relevant Native Title party.

Exploration done by other parties

· Acknowledgment and appraisal of exploration by other parties.

· On-ground exploration completed prior to Andromeda Metals' work was limited to 400m spaced soil geochemistry completed by Newcrest Mining Limited over the Barns prospect.

· Other than the flying of regional airborne geophysics and coarse spaced ground gravity, there has been no recorded exploration in the vicinity of the Baggy Green deposit prior to Andromeda Metals' work.

Geology

· Deposit type, geological setting and style of mineralisation.

· The deposits are considered to be either lode gold or intrusion type mineralisation related to the 1590 Ma Hiltaba/GRV tectonothermal event.

· Gold mineralisation has a spatial association with mafic intrusions/granodiorite alteration and is associated with metasomatic alteration of host rocks.

· Rare earth minerals occur within the kaolinised saprolite horizon. Preliminary XRD analyses performed by the CSIRO supports IAC mineralisation. Florencite and monazite were also detected. Further work is planned to define mineralogy and nature of mineral occurrence.

· A summary of all information material to the understanding of the exploration results including a tabulation of the following information for all material drill holes:

o easting and northing of the drill hole collar

o elevation or RL (Reduced Level - elevation above sea level in metres) of the drill hole collar

o dip and azimuth of the hole

o down hole length and interception depth

o hole length.

· If the exclusion of this information is justified on the basis that the information is not material and this exclusion does not detract from the understanding of the report, the Competent Person should clearly explain why this is the case.

· The report includes a tabulation of drillhole collar information and associated interval grades to allow an understanding of the results reported herein.

Data aggregation methods

· In reporting Exploration Results, weighting averaging techniques, maximum and/or minimum grade truncations (eg cutting of high grades) and cut-off grades are usually material and should be stated.

· Where aggregate intercepts incorporate short lengths of high-grade results and longer lengths of low-grade results, the procedure used for such aggregation should be stated and some typical examples of such aggregations should be shown in detail.

· The assumptions used for any reporting of metal equivalent values should be clearly stated.

· Reported summary intercepts are weighted averages based on length.

· Rare earth intercepts have been presented as both down hole and true width intercepts. The nature of mineralisation reflects the weathering profile of the saprolite and is therefore horizontal in nature. Average intercept widths and grade have been reported using datamines true width calculator to account for downhole surveys.

· Rare earth results are reported with a 300 ppm TREO cut-over grade and a maximum internal dilution of 5m.

· Assayed intervals through reported intercepts are tabulated in the body of this report.

· No metal equivalent values have been calculated.

· REE analysis was originally reported in elemental form and has been converted to relevant oxide concentrations in line with industry standards. Conversion factors tabulated below:

· The reporting of REE oxides is done so in accordance with industry standards with the following calculations applied:

§ TREO = La2O3 + CeO2 + Pr6O11 + Nd2O3 + Sm2O3 + Eu2O3 + Gd2O3 + Tb4O7 + Dy2O3 + Ho2O3 + Er2O3 + Tm2O3 + Yb2O3 + Lu2O3 + Y2O3

§ CREO = Nd2O3 + Eu2O3 + Tb4O7 + Dy2O3 + Y2O3

§ LREO = La2O3 + CeO2 + Pr6O11 + Nd2O3

§ HREO = Sm2O3 + Eu2O3 + Gd2O3 + Tb4O7 + Dy2O3 + Ho2O3 + Er2O3 + Tm2O3 + Yb2O3 + Lu2O3 + Y2O3

§ NdPr = Nd2O3 + Pr6O11

§ TREO-Ce = TREO - CeO2

§ % Nd = Nd2O3/ TREO

§ %Pr = Pr6O11/TREO

§ %Dy = Dy2O3/TREO

§ %HREO = HREO/TREO

§ %LREO = LREO/TREO

Relationship between mineralisation widths and intercept lengths

· These relationships are particularly important in the reporting of Exploration Results.

· If the geometry of the mineralisation with respect to the drill hole angle is known, its nature should be reported.

· If it is not known and only the downhole lengths are reported, there should be a clear statement to this effect (eg 'downhole length, true width not known').

· This drilling programme is designed to confirm the orientation and continuity of mineralisation. Preliminary results support unbiased testing of mineralized structures.

· Previous holes drilled have been drilled in several orientations due to the unknown nature of mineralisation.

· The work completed to date is not considered robust to adequately define mineralisation geometry.

Diagrams

· Appropriate maps and sections (with scales) and tabulations of intercepts should be included for any significant discovery being reported. These should include, but not be limited to, a plan view of drill hole collar locations and appropriate sectional views.

· Plan and section maps are referenced that demonstrate results of interest.

Balanced reporting

· Where comprehensive reporting of all Exploration Results is not practicable, representative reporting of both low and high grades and/or widths should be practiced to avoid misleading reporting of Exploration Results.

· Referenced plans detail the extent of drilling and the locations of both high and low grades. Comprehensive results are reported.

Other substantive exploration data

· Other exploration data, if meaningful and material, should be reported including (but not limited to): geological observations; geophysical survey results; geochemical survey results; bulk samples - size and method of treatment; metallurgical test results; bulk density, groundwater, geotechnical and rock characteristics; potential deleterious or contaminating substances.

· Significant intercepts of reported previous drilling is tabulated (CBRC0009). Historic significant intercepts from Clarke as tabulated in appendix 3.

Further work

· The nature and scale of planned further work (eg tests for lateral extensions or depth extensions or large-scale step-out drilling).

· Diagrams clearly highlighting the areas of possible extensions, including the main geological interpretations and future drilling areas, provided this information is not commercially sensitive.

· Further RC drilling is planned to test for both lateral and depth extensions. The complete results from this programme will form the foundation for a maiden resource estimation at Clarke.

Hole ID

From (m)

To (m)

CeO2

Dy2O3

Er2O3

Eu2O3

Gd2O3

Ho2O3

La2O3

Lu2O3

Nd2O3

Pr6O11

Sm2O3

Tb2O3

Tm2O3

Y2O3

Yb2O3

TREO

TREO - Ce

LREO

HREO

% HREO

%NdPr

%Dy2O3

Th ppm

U ppm

CBRC0044

33

34

291

5.6

3.1

1.5

6.7

1.1

67.2

0.4

53

15.1

8.7

1.0

0.4

29.3

2.9

487

196

435

52

10.7%

14.0%

1.1%

30.5

6.5

CBRC0044

34

35

353

8.7

4.4

2.3

10.8

1.6

99.7

0.5

84

22.9

13.9

1.6

0.6

44.0

4.1

652

299

573

79

12.1%

16.4%

1.3%

32.6

7.7

CBRC0044

35

36

503

20.8

10.6

5.8

26.8

3.8

237.2

1.1

211

55.6

34.6

3.8

1.4

102.7

8.6

1,227

724

1,042

185

15.1%

21.7%

1.7%

32.8

12.9

CBRC0044

36

37

704

14.9

7.9

4.0

18.2

2.8

151.7

0.9

138

38.4

23.8

2.7

1.1

70.3

7.2

1,186

482

1,056

130

11.0%

14.9%

1.3%

31.7

10.2

CBRC0044

37

38

213

12.6

6.7

4.0

16.5

2.3

146.6

0.9

155

45.4

25.9

2.4

1.0

50.7

6.5

690

477

587

104

15.0%

29.1%

1.8%

27.1

7.1

CBRC0044

38

39

242

17.6

9.9

4.9

21.9

3.4

176.8

1.3

173

47.8

29.0

3.1

1.4

85.8

9.3

827

585

668

159

19.2%

26.7%

2.1%

27.6

6.3

CBRC0044

39

40

135

14.3

7.5

4.3

18.9

2.6

160.2

1.0

151

42.8

25.2

2.6

1.1

64.9

7.1

639

504

515

124

19.5%

30.4%

2.2%

23.7

4.0

CBRC0044

40

41

209

18.4

8.1

5.8

24.5

3.1

225.2

0.9

198

56.7

34.5

3.4

1.1

76.1

6.9

872

663

724

148

17.0%

29.2%

2.1%

26.9

3.9

CBRC0044

41

42

131

15.3

7.7

4.9

21.3

2.8

181.6

1.0

169

47.4

29.0

2.9

1.1

69.2

6.9

691

560

558

133

19.3%

31.3%

2.2%

27.8

4.5

CBRC0044

42

43

132

19.5

9.2

5.8

26.5

3.4

196.0

1.1

181

49.8

33.2

3.7

1.3

83.1

8.2

753

621

591

162

21.5%

30.6%

2.6%

29.1

4.2

CBRC0044

43

44

192

39.3

20.0

10.0

48.7

7.3

336.9

2.4

272

74.1

51.0

7.0

2.8

201.1

17.4

1,281

1,090

925

356

27.8%

27.0%

3.1%

22.8

4.8

CBRC0044

44

45

358

72.9

41.6

15.4

81.2

14.3

483.2

5.0

376

100.0

71.1

12.5

5.7

461.6

35.1

2,133

1,775

1,388

745

34.9%

22.3%

3.4%

18.8

5.1

CBRC0044

45

46

160

10.6

6.2

2.3

11.6

2.1

88.4

0.8

68

19.2

12.5

1.7

0.9

66.2

5.4

456

296

348

108

23.6%

19.1%

2.3%

21.4

2.9

CBRC0044

46

47

158

10.8

6.0

2.5

11.8

2.1

90.4

0.8

71

19.4

13.0

1.9

0.9

58.9

5.5

452

295

351

101

22.3%

19.9%

2.4%

17.8

3.2

CBRC0044

47

48

133

7.9

5.0

1.7

8.1

1.6

61.6

0.7

47

13.1

8.7

1.3

0.7

48.3

4.9

344

211

264

80

23.3%

17.6%

2.3%

20.1

4.3

CBRC0044

48

49

145

7.0

3.8

1.7

7.9

1.3

60.9

0.5

51

14.2

9.3

1.2

0.5

38.1

3.5

346

201

281

66

18.9%

18.8%

2.0%

22.7

4.2

CBRC0044

49

50

144

5.3

3.0

1.4

6.2

1.0

50.7

0.4

45

12.6

7.7

0.9

0.4

28.9

3.0

311

167

260

51

16.3%

18.6%

1.7%

21.2

4.3

CBRC0044

50

51

123

5.0

3.1

1.2

5.5

1.0

42.7

0.4

38

10.2

6.3

0.8

0.4

29.3

3.1

270

147

220

50

18.5%

17.7%

1.9%

25.1

4.6

CBRC0044

51

52

207

14.3

6.9

3.3

16.3

2.7

94.7

0.8

83

20.8

16.5

2.5

1.0

71.2

6.0

547

340

422

125

22.8%

19.0%

2.6%

25.5

5.0

CBRC0044

52

53

139

15.6

8.6

3.4

16.5

3.0

73.1

1.1

80

18.9

16.2

2.6

1.2

87.1

7.8

474

335

327

147

31.0%

20.8%

3.3%

14.1

4.8

CBRC0044

53

54

157

9.5

5.4

2.2

10.9

1.9

83.7

0.7

68

18.6

12.1

1.6

0.8

50.0

5.3

428

271

340

88

20.6%

20.3%

2.2%

24.4

5.0

CBRC0043

41

42

327

26.6

13.3

8.6

33.4

4.5

197.9

1.6

244

67.2

46.3

4.8

1.9

107.3

12.8

1,097

770

882

215

19.6%

28.3%

2.4%

25.9

6.2

CBRC0043

42

43

398

66.4

34.8

19.2

85.7

12.0

543.9

4.5

534

145.8

97.3

12.1

5.0

309.7

33.7

2,303

1,904

1,720

583

25.3%

29.5%

2.9%

25.9

5.7

CBRC0043

43

44

275

27.1

14.7

7.5

33.0

4.9

211.6

1.8

198

54.5

36.7

4.8

2.1

127.1

13.2

1,012

737

776

236

23.3%

25.0%

2.7%

26.6

5.1

Hole ID

From (m)

To (m)

CeO2

Dy2O3

Er2O3

Eu2O3

Gd2O3

Ho2O3

La2O3

Lu2O3

Nd2O3

Pr6O11

Sm2O3

Tb2O3

Tm2O3

Y2O3

Yb2O3

TREO

TREO - Ce

LREO

HREO

% HREO

%NdPr

%Dy2O3

Th ppm

U ppm

CBRC0043

44

45

238

20.3

11.5

5.2

23.4

3.7

154.4

1.4

134

36.8

24.8

3.4

1.6

105.0

10.4

774

536

588

186

24.0%

22.1%

2.6%

25.7

5.1

CBRC0043

45

46

172

12.9

7.8

3.0

14.3

2.5

87.4

1.0

74

20.3

14.3

2.2

1.1

81.2

6.9

501

329

368

133

26.5%

18.8%

2.6%

23.6

5.5

CBRC0043

46

47

189

14.2

9.1

3.1

14.6

2.8

83.1

1.2

71

19.5

14.5

2.3

1.3

95.9

8.4

531

341

378

153

28.8%

17.1%

2.7%

26.6

6.6

CBRC0043

47

48

173

10.4

5.9

2.6

11.4

1.9

79.2

0.7

68

18.8

12.7

1.7

0.8

59.4

5.0

451

278

352

100

22.1%

19.2%

2.3%

22.3

5.6

CBRC0043

48

49

204

12.0

6.8

3.1

12.8

2.3

88.9

0.8

78

21.8

14.9

2.0

0.9

70.7

5.9

524

321

407

117

22.4%

19.0%

2.3%

25.6

4.9

CBRC0043

49

50

155

8.8

4.7

2.2

9.5

1.6

67.6

0.5

59

16.1

11.2

1.5

0.6

48.9

4.1

392

237

310

83

21.0%

19.2%

2.3%

17.4

4.0

CBRC0043

50

51

112

7.2

4.1

1.9

7.7

1.3

51.0

0.5

46

12.4

8.9

1.2

0.5

38.9

3.5

298

185

231

67

22.5%

19.7%

2.4%

11.8

3.5

CBRC0043

51

52

254

11.6

5.6

3.3

13.4

2.0

110.8

0.5

94

26.8

16.7

2.0

0.7

55.1

4.4

602

347

503

99

16.4%

20.1%

1.9%

23.3

4.0

CBRC0043

52

53

234

10.7

5.3

3.1

12.4

1.8

103.0

0.6

88

24.1

15.3

1.9

0.7

52.7

4.5

559

324

465

94

16.8%

20.1%

1.9%

19.5

4.7

CBRC0043

53

54

224

10.5

5.2

3.1

12.2

1.8

96.4

0.5

82

23.6

14.8

1.9

0.7

53.4

4.3

534

310

440

94

17.5%

19.8%

2.0%

18.6

5.0

CBRC0043

54

55

229

11.5

5.6

3.2

12.9

1.9

100.8

0.6

88

24.6

16.2

2.1

0.7

54.9

4.6

557

328

459

98

17.6%

20.3%

2.1%

19.0

3.9

CBRC0045

33

34

697

14.3

7.7

3.5

16.3

2.8

101.4

0.8

93

24.9

18.4

2.5

1.0

72.4

6.3

1,062

365

935

128

12.0%

11.1%

1.3%

41.4

9.5

CBRC0045

34

35

539

20.5

10.5

5.0

24.0

3.8

170.2

1.1

150

40.2

28.7

3.6

1.4

99.1

8.9

1,106

567

929

178

16.1%

17.2%

1.8%

35.9

8.7

CBRC0045

35

36

347

14.2

7.9

3.6

17.5

2.8

141.8

1.0

130

35.3

22.5

2.5

1.1

76.8

7.1

811

464

677

134

16.6%

20.4%

1.8%

36.4

8.0

CBRC0045

36

37

219

10.0

5.6

2.5

12.0

2.0

92.9

0.7

82

22.4

14.8

1.7

0.8

57.9

5.3

530

311

431

99

18.6%

19.7%

1.9%

29.2

6.6

CBRC0045

37

38

173

6.3

4.0

1.4

6.8

1.3

43.5

0.6

40

11.1

8.1

1.1

0.6

39.1

4.0

341

168

276

65

19.1%

15.1%

1.8%

24.4

7.1

CBRC0045

38

39

159

4.3

2.9

0.8

4.1

0.9

28.9

0.5

23

6.4

4.8

0.7

0.4

27.4

3.1

268

109

223

45

16.9%

11.2%

1.6%

19.8

4.5

CBRC0045

39

40

769

51.5

23.2

15.0

66.7

9.0

457.5

2.1

450

121.7

86.8

10.1

3.1

226.0

18.8

2,312

1,542

1,886

426

18.4%

24.8%

2.2%

25.5

7.8

CBRC0045

40

41

355

50.4

23.9

12.6

58.6

8.9

374.3

2.7

350

93.3

67.8

9.2

3.4

200.1

22.0

1,631

1,277

1,240

392

24.0%

27.2%

3.1%

29.8

5.2

CBRC0045

41

42

155

8.1

4.3

1.9

10.0

1.5

64.2

0.5

60

15.7

11.5

1.5

0.6

40.7

4.0

380

225

307

73

19.3%

20.0%

2.1%

21.3

3.6

CBRC0045

42

43

113

4.6

2.6

1.2

5.7

0.9

44.0

0.3

35

9.5

6.3

0.8

0.4

24.3

2.6

252

138

208

44

17.3%

17.7%

1.8%

18.9

2.8

CBRC0045

43

44