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MOTZFELDT SNAPSHOT: WORLD-CLASS POTENTIAL Multi-element deposit (Tantalum, Niobium, Zirconium and Rare Earths) increases value and reduces commodity risk 340mt Total Inferred Mineral Resource (2012 Mineral Resource Statement) ☐ Contained Metal Inventory of 1,564,000 t ZrO2 (@ 0.460%), 629,000 t Nb2O5 (@ 0.185%), 41,000 t Ta₂O5 (@0.012%) and 884,000 t TREO (@ 0.260%) Infrastructure Advantages: 10km to transport hub of Narsarsuaq (harbour and international airport) Cost-sharing potential with Kvanefjeld and Kringlerne projects Narsarsuaq town 2 (EM)

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