Investor Presentaiton
12
Lofdal Heavy Rare Earth Project
Viewpoint
Trenches expose outcrops of Area 4 deposit
Open pit model with 43-101 resource open at depth
NAMIBIA CRITICAL METALS
TARGETS - Heavy REES (Tb, Dy)
STAGE - PEA and permitting
ACTIVITIES - Metallurgical testwork
OBJECTIVES - Resource upgrade and move to PFS
Most advanced project in the portfolio:
•
•
43-101 compliant resource and Preliminary
Economic Assessment (2014)
Environmental Impact Assessment in (2016)
Environmental Clearance Certificate granted (2017)
Mining Licence application pending
PEA Resource
LREE
PEA Concentrate
SEG
SEG
HREE
HREE
Resource model
shows deposit open
to depth and along
strike to west
HREE + SEGS = 76%
HREE + SEGS = 98%
Simple REE mineralogy (xenotime) gives REO distribution with
extremely high HREE enrichmentView entire presentation