Namibia Critical Metals Inc. Project Development slide image

Namibia Critical Metals Inc. Project Development

Lofdal Resource 2021: Individual HREO grades and tonnages TSX-V:NMI PEA 2021 HREO (kt) 47.56 • • Factor 3.5 increase in HREO resources from 13,750 t to 47,560 t Critical HREO contained: 4,733 t Dy203 and 725 t Tb203 PEA 2014 13.75 Area 4 at 0.1% TREO cut-off Tonnes TREO* La₂O3 Ce2O3 Pr₂O3 Nd₂O3 Sm₂O3 Eu₂O3 Gd₂O3 Tb₂O3 Dy203 Ho₂O3 Er₂O3 Tm2O3 Yb₂O3 Lu₂O3 Y₂O3 Class Mt % ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm Measured 5.93 0.21 177 320 34 127 44 19 85 20 138 30 86 13 78 11 960 Indicated 36.63 0.16 208 371 39 139 40 15 62 13 82 17 49 7 44 M&I 42.57 0.17 204 364 38 137 41 16 65 14 90 19 54 8 48 Inferred 6.09 0.17 247 436 45 158 41 14 54 11 72 15 45 7 41 676 546 603 470 Tonnes TREO* La₂O3 Ce₂O3 Pr₂O3 Nd₂O3 Sm₂O3 Eu₂O3 Gd2O3 Tb₂O3 Dy203 Ho₂O3 Er₂O3 Tm2O3 Yb₂O3 Lu₂O3 Y₂O3 Class Mt kt kt kt kt kt kt kt kt kt kt kt kt kt kt kt kt Measured 5.93 12.71 1.05 1.90 0.20 0.75 0.26 0.11 0.51 0.12 0.82 0.18 0.51 0.08 0.46 0.07 5.69 Indicated 36.63 59.97 7.62 13.58 1.42 5.09 1.48 0.56 2.26 0.46 3.01 0.62 1.78 0.26 1.60 0.23 19.99 M&I 42.57 72.68 8.67 15.48 1.62 5.84 1.74 0.67 2.76 0.58 3.83 0.80 2.30 0.34 2.06 0.30 25.68 Inferred 6.09 10.12 1.50 2.65 0.28 0.96 0.25 0.08 0.33 0.07 0.44 0.09 0.27 0.04 0.25 0.04 2.86 Total Area 2B and Area 4 at 0.1% TREO cut-off Tonnes Class Mt TREO* kt La₂O3 kt Ce₂03 kt Pr₂O3 Nd₂O3 Sm₂O3 Eu₂O3 Gd2O3 Tb₂O3 Dy203 Ho₂O3 Er₂O3 Tm2O3 Yb₂O3 Lu₂O3 Y2O3 kt kt kt kt kt kt kt kt kt kt kt kt kt Sum Area 4 48.66 82.80 10.17 18.13 1.90 6.80 1.99 0.76 3.09 0.65 4.27 0.89 2.57 0.38 2.31 0.34 28.54 Sum Area 2B 4.78 9.07 1.19 1.87 0.20 0.81 0.36 0.13 0.43 0.08 0.46 0.09 0.26 0.04 0.24 0.03 2.89 TOTAL 53.44 91.87 11.36 20.00 2.09 7.62 2.36 0.89 3.53 0.72 4.73 0.98 2.82 0.42 2.55 0.37 31.43 NAMIBIA CRITICAL METALS INC.
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