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• JORC Mineral Resource Estimate for the Koppamurra clay-hosted rare earths project, located on the South Australian-Victorian border, increases by 104% to 81.4Mt at 785ppm TREO (total rare earth oxide)  

• This includes an initial Indicated Resource of 45Mt at 835ppm TREO 

• The updated Mineral Resource estimate, which is more than double the initial Mineral Resource posted in April 2021, is considered a key milestone because it demonstrates that AR3 is well on the path to establishing a world-scale inventory at Koppamurra 

• TREO Grade of the Indicated Resource is 15% higher than the initial Inferred Resource published in April 2021 of 725ppm

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I still worry that the location, on farmland, becomes an issue.