Second Year Assessment Report for License M Lac Chapiteau-Misery Lake Project

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3 Second Year Assessment Report for License M Lac Chapiteau-Misery Lake Project License M NTS 13M05 and 13M04, NAD 83, Zone 20N Newfoundland and Labrador Submitted by Jeanette Walsh, B.Sc Hon for Quest Rare Minerals Ltd. December, 2011 Work Conducted: July August 2011 Total Expenditures: $ 27, Total Claims: 45

4 Table of Contents 1.0 Introduction Locations and Access Quest Claims Disposition Historic Work Completed in the Strange Lake Area Government Work Geological Survey of Canada, Newfoundland and Labrador Department of Natural Resources, Industry Work Major General Resources Limited and Donner Resources Limited, Prospecting Sampling Procedures Geochemical Techniques Prospecting Observations Results Planned Follow-Up Work Summary of Expenditures References ii

5 Table of Figures Figure 1: Misery Lake Location... 2 Figure 2: Strange Lake Licence M... 5 Figure 3: Sample Locations with Radiometric data Table of Tables Table 1. Licence covered under work permit... 4 Table 2 Summary of expenses Table of Appendix Appendix 1 Digital Submission... i Appendix 2 Sample Descriptions and Assay Results... ii Appendix 3 Expenditures and List of Contractors... iii iii

6 1.0 Introduction The following is a summary of the work completed on mineral exploration license M, Misery Lake, located within the NTS map sheet 013M/05 and 13M/04. The program consisted of a helicopter supported grassroots prospecting program supported from Air Saguenay s Lac Chapiteau camp, Quebec. A team of two prospectors, consisting of contract prospectors, worked in teams of two over a 13 day period commencing in July 2011 and terminating August Fourteen samples were collected and sent for assay and approximately 33.9 km of traverse were completed within the licence. The focus of the prospecting was to evaluate the area with respect to potential economic targets for rare earth element (REE). 1.1 Locations and Access The Misery Lake project area is located in proximity to the Quebec Labrador border approximately 250 km south west of Nain. The project area lies within the 013M/05 and 13M/04 NTS map sheets (Figure 1). The area is located within the Nain-George River plateau, an upland plateau dominated by bedrock, glacial till, fluvioglacial debris and drumlins. This plateau is characterized by distinctive topographic linear east and northwest trends. Topography consists of moderate hills in south and east with steeper hills in the northwest. Elevations range from 500 to 700 meters. Outcrop is moderate in abundances. Vegetation is characterized by low shrub, lichens, and sedge meadows and below 500 meter elevation scattered stunted tamarack and black spruce. The area is located in a region of widespread discontinuous permafrost. Access to the project area is limited to fixed winged aircraft or helicopter. For the purposes of this summer prospecting program the property was accessed with the use of a contracted A-Star B2 helicopter based with the exploration crew at the Lac Chapiteau hunting lodge approximately 10 km to the north (Figure 1) 1

7 Figure 1: Misery Lake Location 2

8 The Lac Chapiteau hunting lodge is accessible by both fixed wing aircraft and helicopter from the communities of Happy Valley Goose Bay, Newfoundland and Labrador and Schefferville, Quebec. Access is possible year around with aircraft in the summer and skied aircraft in the winter. 3

9 1.2 Quest Claims Disposition The exploration license on which work was completed consists of 45 claims (Table 1) extending east from the Quebec Labrador border (Figure 2). Licence Number of Year Expenditures Due Date Work is Due Number Claims M 45 2 $20, November 2, 2011 Table 1. Licence covered under work permit. 4

10 Figure 2: Strange Lake Licence M 5

11 2.0 Historic Work Completed in the Strange Lake Area The following is a summary of the work compiled in the Misery Lake area. The work consist both of federal government and industry work completed in the within the 013M/05 and 13M/04 NTS map sheets 2.1 Government Work Geological Survey of Canada, In 1979 the area was included as part of an airborne gamma ray spectrometric survey that covered portions of the NTS map sheets 13M, 14D, 23P and 24A. The Lac Chapiteau and Lac Ramusio map sheets were completed by the Geological Survey of Canada as part of a magnetic airborne survey completed at 1:50,000 scale. In 2010 the area was covered as part of A joint Open File release by the Geological Survey of Canada, the Geological Survey of Newfoundland and Labrador and the Direction Générale de géologie Québec. This release comprises ten maps covering a portion of western Labrador, north of the Churchill Reservoir and adjoining parts of Québec. Results are presented as 1: scale full-colored maps in pdf format. Eight of these are radiometric maps and the result of the new 2009 airborne survey 6

12 2.1.2 Newfoundland and Labrador Department of Natural Resources, In 2009 the Geological Survey of Newfoundland and Labrador releases all geochemical lakesediment and lake-water data collected from detailed-scale lake surveys conducted in Labrador by the Newfoundland and Labrador Geological Survey, during the period 1978 to Most of the data had been released previously in various open-file reports. However, as new analytical methods became available, some samples were re-analyzed for additional elements and some of these data have not been released previously. 7

13 2.2 Industry Work Major General Resources Limited and Donner Resources Limited, 1996 In 1996 Major General Resources completed a reconnaissance geological and geochemical program on their Lac Chapiteau property in the Mistastin Lake area, central Labrador. The program was undertaken to evaluate the area for potential Voisey s Bay style Ni-Cu-Co mineralization. The result of this program identified the area as having limited potential to host base metal mineralization. 8

14 Prospecting The program consisted of a helicopter supported grassroots prospecting program supported from the Lac Chapiteau Camp, Quebec. A team of two prospectors worked in teams of two over a fourteen day period commencing between July and August of Prospection tools included the use of several RS-125 gamma-ray spectrometer-scintillometers which are hand-held radiation survey devices. Thirteen samples were collected and sent for assay and approximately 33.9 km of traverses were completed within the licence. The focus of the prospecting was to evaluate the area with respect to potential economic targets for rare earth element. 8.1 Sampling Procedures Each surface sample collected was assigned a unique six digit sample number in the field. This number was written on the plastic poly ore bag and included on a water proof sample tag with the sample. Each sample site is marked with orange or pink winter flagging that is wrapped around a representative example of the sample material. This flagging also bears the same unique six digit sample number. The sample descriptions were recorded at the sample site and then incorporated into the surface data base each evening. The UTM s for each sample are recorded using a hand held Garmin 60 CSx. The sample descriptions and location are included in Appendix 2. Surface samples are treated in a secure manner from collection in the field to delivery to Actlabs sample preparation facility in Goose Bay, NL. After each sample is described and secured into the plastic sample bags they are then placed into large white rice bags in sequences of approximately 5 to 15 samples depending on the overall weight of the rice bags; generally, rice bags should not exceed 50 lbs each. Rice bags are labelled with the laboratory address and phone number, the project office s phone number, and the interval of samples contained in the bag, as well as where the rice bag belongs in the sample shipment series (e.g. Bag 1 of 5). Sample lists and shipping manifests are prepared, using a template in Microsoft Excel. The rice bags containing the samples are shipped directly to an Actlabs sample prep lab in Goose Bay by plane and received directly by Actlabs technicians. Shipping manifests are signed off by the pilot and the laboratory technician upon transfer of the samples in Goose Bay. Once the samples have 9

15 been prepared for analysis (pulps/rejects), they are shipped directly from the laboratory via Purolator air freight to the laboratory in Ancaster, Ontario for analysis. In the case of Quest s Quebec (and Labrador) projects, rejects are stored in Goose Bay at a secure Actlabs storage facility and transferred to a secure site in Goose Bay on Quest s behalf periodically; pulps are stored on site in Ancaster, Ontario at secure facilities. Standards and blanks were inserted into the sample sequences at completely random locations within each of the sample shipments. Blanks and standards consist of pre-packaged powder totaling 10 grams. The blanks are composed of manufactured silica powder. Standards are the same as those used for Quest s B Zone rare earth element drilling program which consist of separate high and low grade rare earth element standards produced for Quest s from there 2010 bulk sample by Hazen Research Incorporated of Golden, Colorado, United States of America. 8.2 Geochemical Techniques Sample preparation and analytical work was carried out by Actlabs at their facilities in Goose Bay, Newfoundland and Labrador and Ancaster, Ontario. Several analytical techniques were used to characterize the samples, which are combined at ActLabs into analytical package 8-REE, which includes a wholerock and trace element component. Wholerock is done via a lithium metaborate/tetraborate fusion inductively coupled plasma (ICP) finish. Trace elements were also analysed by fusion ICP/MS. The fusion technique is used rather than total digestion by acid because it is more suited to refractory rocks which often contain rare earth-bearing minerals. Total digestion may not always completely digest these phases, thus producing a bias in REE and some high field strength elements. The fusion technique involves a lithium metaborate/tetraborate fusion of the sample, producing a molten bead, which is rapidly digested by a weak nitric acid solution. Where elements had abundances lower than detection limits, a value of half of detection limit was used to populate the Quest database. 10

16 Surface samples were also analysed with respect to gold and elemental geochemistry. A 30g gold and silver fire assay package was requested with a detection limit of 1 to 20,000ppb. The elemental geochemistry package uses a near total digestion employing HF, HClO 4, HNO 3 and HCl to get as much of the sample into solution as possible without fusing the sample. The resulting metals are determined by ICP/OES. Sulphide sulphur is included. The sulphur associated with barite is not dissolved. Other phases which may not be totally digested include zircon, monazite, sphene, gahnite, chromite, magnetite, barite, cassiterite, ilmenite and rutile. 8.3 Prospecting Observations Traverses were planned to coincide with the topographic feature and also cross the regional magnetic and radiometric features (Figure 3). A total of approximately 33.9km of traversing was completed over the thirteen day. Of the 14 samples collected within the licence, the majority were collected from outcrop consisting of massive medium grained gray weakly magnetic synite. The outcrops locally show thin bands of syenite pegmatite with coarse magnetite. The RS-125 gamma-ray spectrometerscintillometer values recorded ranges from 1000 cps to 3000 cps. 11

17 Figure 3: Sample Locations with Radiometric data 12

18 Additional descriptions are provided in Appendix 2. No obvious cause of the regional radiometric response was noted. 8.4 Results No significant rare earth element mineralization was identified with the 2011 prospecting. The majority of the samples returned less than 0.5 % TREO. 9.0 Planned Follow Up Work There is currently no planned follow up for this area in the upcoming 2012 field season Summary of Expenditures The require assessment expenditures requited to meet the sixth year expenditures is $20, Total expenditures for the total $27, Expenditures for the prospecting program were calculated based on the summary provided in Table 2, with detailed description provided in Appendix 3. Room and board daily rates encompass the cost endured by Lac Chapiteau hunting lodge to provide food and accommodations to each of the 4 crew member based there for the duration of the prospecting program. Day rates for each of the crew member were calculated on an average salary for each member included in that category. Item Quest Staff Geologist Prospectors Helicopter Table 2 Summary of expenses Cost $ per man day $ per man day $ per hour 13

19 11.0 References Dumont, R, Fortin, R, Hefford, S and Dostaler, F. Geophysical series, parts of NTS 13L, 13M, 23I, 23J, 23O, 23P, Lake Ramusio and Lake Attikamagen Schefferville region. Geological Survey of Canada, Open File 6532, 2010, 0 pages. Geological Survey of Canada. Airborne gamma ray spectrometric map, Mistastin Lake, Newfoundland-Quebec. Geological Survey of Canada, Geophysical Series Map 36313G, Geological Survey of Canada. Lac Chapiteau, Newfoundland Quebec.Geological Survey of Canada, Geophysical Series Map 6204G, Geological Survey of Canada. Lac Ramusio, Newfoundland-quebec. Geological Survey of Canada, Geophysical Series Map 6204G, 1980 McConnell, J W. Complete geochemical data for detailed-scale Labrador lake surveys, Government of Newfoundland and Labrador, Department of Natural Resources, Geological Survey, Open File LAB/1465, 2009, 25 pages. Wares, R, Leriche, P D and St-Hilaire, C. First year assessment report on geological, geochemical and geophysical exploration for licence 3059m on claims in the Lac Chapiteau area, central Labrador, 2 reports. Newfoundland and Labrador Geological Survey, Assessment File 13M/05/0070, 1996, 67 pages. 14

20 Appendix 1 Digital Submission i

21 Data Summary Folder Name Type Projection Comments Claims & Basemaps License M ArcGIS Layer, DBF, PRJ, SBN, SHP, SHX NAD83/20N Polygon of Licence M Provincial Border ArcGIS Layer, DBF, PRJ, SBN, SHP, SHX NAD83/20N QC NL border. Locally modified from a 1: scale border Topo Countours_13M ArcGIS Layer, DBF, PRJ, SBN, SHP, SHX NAD83/20N Countous for NTS sheet 13M Countours_23P ArcGIS Layer, DBF, PRJ, SBN, SHP, SHX NAD83/20N Countours for NTS sheet 23P Eskers_13M ArcGIS Layer, DBF, PRJ, SBN, SHP, SHX NAD83/20N Eskers for NTS sheet 13M Eskers_23P ArcGIS Layer, DBF, PRJ, SBN, SHP, SHX NAD83/20N Eskers for NTS sheet 23P Lakes_13M ArcGIS Layer, DBF, PRJ, SBN, SHP, SHX NAD83/20N Lakes for NTS sheet 13M Lakes_23P ArcGIS Layer, DBF, PRJ, SBN, SHP, SHX NAD83/20N Lakes for NTS sheet 23P Rivers_13M ArcGIS Layer, DBF, PRJ, SBN, SHP, SHX NAD83/20N Rivers for NTS sheet 13M Rivers_23P ArcGIS Layer, DBF, PRJ, SBN, SHP, SHX NAD83/20N Rivers for NTS sheet 23P Samples 2011 Surface Samples ArcGIS Layer, DBF, PRJ, SBN, SHP, SHX NAD83/20N Surface Samples Collected in 2011 Geophysics Regional Magnetics ARCGIS raster NAD83/20N Regioanl magnetic airbourn survey eth ARCGIS raster NAD83/20N Regional airbourn radiometrics survey 1 of 1

22 Appendix 2 Sample Descriptions and Assay Results ii

23 Sample NO Station ID Geologist Date Northing Easting Project Datum UTM Zone M011 Michel Vaillancourt 3/8/ Misery Lake NAD 83 Zone M014 Michel Vaillancourt 4/8/ Misery Lake NAD 83 Zone M017 Michel Vaillancourt 4/8/ Misery Lake NAD 83 Zone M020 Michel Vaillancourt 4/8/ Misery Lake NAD 83 Zone M021 Michel Vaillancourt 5/8/ Misery Lake NAD 83 Zone M022 Michel Vaillancourt 7/8/ Misery Lake NAD 83 Zone M023 Michel Vaillancourt 7/8/ Misery Lake NAD 83 Zone M024 Michel Vaillancourt 9/8/ Misery Lake NAD 83 Zone M026 Michel Vaillancourt 10/8/ Misery Lake NAD 83 Zone M028 Michel Vaillancourt 11/8/ Misery Lake NAD 83 Zone Laurent Cormier 27/07/ Misery Lake NAD 83 Zone Laurent Cormier 28/07/ Misery Lake NAD 83 Zone M002 Michel Vaillancourt 28/07/ Misery Lake NAD 83 Zone M003 Michel Vaillancourt 30/07/ Misery Lake NAD 83 Zone M004 Michel Vaillancourt 31/07/ Misery Lake NAD 83 Zone M006 Michel Vaillancourt 31/07/ Misery Lake NAD 83 Zone 20 1 of 3

24 Sample NO Station ID M M M M M M M M M M M M M M006 Sample Type Angularity Size (m) Sample Description Outcrop 60x50 Outcrop 80x20 smokey quartz Outcrop 80x20 Outcrop 80x20 vein (0.2mx2.0m) direction north south, Fe Ox Boulder 1x0.5 subangle rock with grains around 10 cm in diameter Outcrop 160x120 sample taken on the ledge of granite intrusion Outcrop 160x120 sample taken 4m from the sample Outcrop 10x5 orientation north south Outcrop 15x3 high oxidation and concentration of biotite in places Boulder 2x3 Outcrop 30x60 quartzite syenite Boulder 3x5 syenite, trace of sulfur, subrounded outcrop Boulder 4x3 Outcrop 60x50 syenite w/ trace of hornblende Boulder 6x4 Boulder 3x1 2 of 3

25 Sample NO Station ID M M M M M M M M M M M M M M006 Primary Min 2 CPS Device Qtz 5%, Bt 5%, K sp 65% Qtz 5%, Bt 10%, K sp 60% 1460 RS 125 Qtz 3%, Bt 5%, K sp 65% 1310 RS RS 125 Qtz 10%, Mafics 25%, K sp 65% 1300 RS 125 Qtz 12%, Mafics 15%, K sp 60% 5600 RS 125 Qtz 10%, Mafics 20%, K sp 65% 1500 RS 125 Qtz 5%, Bt 3%, K sp 65%, HB 3% 1320 RS 125 Qtz 8%, Mafics 20%, K sp 55% 1125 RS RS 125 Bt 5%, K sp 10%, Qtz 80%, Other 5% (traces of sulfur) 1100 RS 125 Bt 5%, K sp 10%, Qtz 60%, Hornblende 10% 1400 RS 125 Qtz 10%, Bt 5%, K sp 60% 1450 RS 125 Qtz 10%, Mafics 15%, K sp 60% 2400 RS 125 Qtz 8%, Bt 10%, K sp 65% 4000 RS 125 Qtz 10%, Bt 10%, K sp 65% 1400 RS of 3

26 Report: A Report Date: 11/29/2011 Final Report Activation Laboratories Analyte Symbol F Nb2O5 SiO2 Al2O3 Fe2O3(T) MnO MgO CaO Na2O K2O TiO2 P2O5 LOI Total Sc Be V Unit Symbol % % % % % % % % % % % % % % ppm ppm ppm Detection Limit Analysis Method FUS-ISE FUS-XRF FUS-ICP FUS-ICP FUS-ICP FUS-ICP FUS-ICP FUS-ICP FUS-ICP FUS-ICP FUS-ICP FUS-ICP FUS-ICP FUS-ICP FUS-ICP FUS-ICP FUS-ICP < < < 1 16 < < < < < < < < 1 2 < < 0.01 < < < 0.01 < < < < < 0.01 < < < < < < 1 20 < < 5 Page 1 of 4

27 Report: A Report Date: 11/29/ Final Report Activation Laboratories Analyte Symbol Unit Symbol Detection Limit Analysis Method Cr Co Ni Cu Zn Ga Ge As Rb Sr Y Zr Mo Ag In Sn Sb Cs ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm FUS-MS FUS-MS FUS-MS FUS-MS FUS-MS FUS-MS FUS-MS FUS-MS FUS-MS FUS-ICP FUS-ICP FUS-ICP FUS-MS FUS-MS FUS-MS FUS-MS FUS-MS FUS-MS < 20 < 1 < < < 2 < < < 20 < 1 < 20 < < < < < < 20 < 1 < 20 < < < 2 < < < 20 < 1 < 20 < < < < < 20 < 1 < 20 < 10 < < < 2 < 0.5 < < < 20 1 < 20 < < < 2 < 0.5 < < < 20 < 1 < 20 < < < 2 < 0.5 < < < < < < < < < < 2 < 0.5 < 0.2 < 1 < < 20 2 < 20 < < < < < 20 1 < 20 < < < 0.5 < < < 20 < 1 < 20 < < < 0.5 < < < 20 3 < < < < < 20 2 < 20 < < < < < 20 < 1 < 20 < < < < < 20 < 1 < 20 < < < < Page 2 of 4

28 Report: A Report Date: 11/29/ Final Report Activation Laboratories Analyte Symbol Unit Symbol Detection Limit Analysis Method Ba Bi La Ce Pr Nd Sm Eu Gd Tb Dy Ho Er Tm Yb Lu Hf Ta ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm FUS-ICP FUS-MS FUS-MS FUS-MS FUS-MS FUS-MS FUS-MS FUS-MS FUS-MS FUS-MS FUS-MS FUS-MS FUS-MS FUS-MS FUS-MS FUS-MS FUS-MS FUS-MS < < < < < < < < < < < < < < Page 3 of 4

29 Report: A Report Date: 11/29/ Final Report Activation Laboratories Analyte Symbol Unit Symbol Detection Limit Analysis Method W Tl Pb Th U ppm ppm ppm ppm ppm FUS-MS FUS-MS FUS-MS FUS-MS FUS-MS < < < < < < < < < < < < Page 4 of 4

30 Quality Analysis... Innovative Technologies Date Submitted: Invoice No.: Invoice Date: Your Reference: 04-Oct-11 A Nov-11 QUEST RARE MINERALS LTD 65 Queen St. W., Suite 2010 PO Box 68 Toronto ON M5H 2M5 Canada ATTN: President Peter Cashin CERTIFICATE OF ANALYSIS 120 Rock samples were submitted for analysis. The following analytical packages were requested: REPORT A Code 8-F Option Fusion Specific Ion Electrode-ISE Code 8-Nb2O5 - XRF Option XRF Code 8-REE Assay Package Major Elements Fusion ICP(WRA)/Trace Elements Fusion ICP/MS(WRA4B2) This report may be reproduced without our consent. If only selected portions of the report are reproduced, permission must be obtained. If no instructions were given at time of sample submittal regarding excess material, it will be discarded within 90 days of this report. Our liability is limited solely to the analytical cost of these analyses. Test results are representative only of material submitted for analysis. Notes: Total includes all elements in % oxide to the left of total. CERTIFIED BY : Footnote: Zr interference on Ag Emmanuel Eseme, Ph.D. Quality Control ACTIVATION LABORATORIES LTD Sandhill Drive, Ancaster, Ontario Canada L9G 4V5 TELEPHONE or FAX Ancaster@actlabs.com ACTLABS GROUP WEBSITE

31 Activation Laboratories Ltd. Report: A Analyte Symbol Unit Symbol Detection Limit Analysis Method F Nb2O5 SiO2 Al2O3 Fe2O3(T) MnO MgO CaO Na2O K2O TiO2 P2O5 LOI Total Sc Be V Cr Co Ni Cu Zn Ga Ge % % % % % % % % % % % % % % ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm FUS-ISE FUS-XRF FUS-ICP FUS-ICP FUS-ICP FUS-ICP FUS-ICP FUS-ICP FUS-ICP FUS-ICP FUS-ICP FUS-ICP FUS-ICP FUS-ICP FUS-ICP FUS-ICP FUS-ICP FUS-MS FUS-MS FUS-MS FUS-MS FUS-MS FUS-MS FUS-MS < < < 1 16 < 5 < 20 < 1 < < 5 < 20 < 1 < 20 < < 5 < 20 < 1 < 20 < < < 5 < 20 < 1 < 20 < < < < 1 2 < 5 < 20 < 1 < 20 < 10 < < 0.01 < < 5 < 20 1 < 20 < < 0.01 < < 5 < 20 < 1 < 20 < < < < < 5 < 20 2 < 20 < < 5 < 20 1 < 20 < < 0.01 < < 5 < 20 < 1 < 20 < < 5 < 20 3 < < 5 < 20 2 < 20 < < 0.01 < < < 20 < < < 5 < 20 1 < 20 < < 5 < 20 1 < 20 < < 5 < 20 < 1 < 20 < < 5 < 20 2 < 20 < < 5 < 20 2 < < 5 < 20 < 1 < 20 < < < 5 < 20 < 1 < < 5 < 20 < 1 < 20 < < 5 < 20 1 < 20 < Received as Pulp < 5 60 < 1 < < 5 < 20 2 < 20 < < 5 < 20 < 1 < 20 < < 5 < 20 < 1 < 20 < < 0.01 < < < 1 3 < 5 < 20 < 1 < 20 < 10 < < 0.01 < < < 1 14 < 5 < 20 < 1 < 20 < 10 < < 5 < 20 < 1 < 20 < < 0.01 < < < 1 4 < 5 < 20 < 1 < 20 < 10 < < < 5 < 20 < 1 50 < < < < 5 < 20 < 1 < < 0.01 < < < 1 17 < 5 < 20 < 1 < < < 5 < 20 1 < < 5 < 20 < 1 < < < 5 < 20 < 1 < 20 < < 5 < 20 2 < 20 < < 5 < 20 < 1 < 20 < 10 < < 5 < 20 < 1 < 20 < < 5 < 20 < 1 < < 5 < 20 2 < 20 < < 5 < 20 1 < < 5 < 20 < 1 < 20 < < 5 < 20 1 < 20 < < 5 < 20 1 < 20 < < < < 5 < 20 < 1 < 20 < < 5 < 20 < 1 < 20 < Received as Pulp < < 0.01 < 0.01 < < < 1 < 1 < 5 < 20 < 1 < 20 < 10 < 30 < 1 1 Page 2 of 16

32 Activation Laboratories Ltd. Report: A Analyte Symbol Unit Symbol Detection Limit Analysis Method F Nb2O5 SiO2 Al2O3 Fe2O3(T) MnO MgO CaO Na2O K2O TiO2 P2O5 LOI Total Sc Be V Cr Co Ni Cu Zn Ga Ge % % % % % % % % % % % % % % ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm FUS-ISE FUS-XRF FUS-ICP FUS-ICP FUS-ICP FUS-ICP FUS-ICP FUS-ICP FUS-ICP FUS-ICP FUS-ICP FUS-ICP FUS-ICP FUS-ICP FUS-ICP FUS-ICP FUS-ICP FUS-MS FUS-MS FUS-MS FUS-MS FUS-MS FUS-MS FUS-MS < < 5 < 20 < 1 < 20 < < < < 5 < 20 < 1 < 20 < < 0.01 < < 5 < 20 2 < 20 < < < 20 3 < 20 < < < 20 1 < 20 < < < < 5 < 20 1 < 20 < < < < 1 4 < 5 < 20 < 1 < < 20 5 < 20 < < < < 5 < 20 < 1 < 20 < < < 20 3 < 20 < < < < 5 < 20 < 1 < 20 < < 5 < 20 < 1 < 20 < < 5 < 20 1 < < 5 < 20 < 1 < 20 < < 5 < 20 3 < 20 < < 20 6 < < 5 < 20 6 < < 20 6 < < 20 6 < < 20 5 < < 20 6 < < < 5 < 20 5 < < 20 6 < Received as Pulp < 5 20 < 1 < < 20 4 < < 20 7 < < 20 4 < < 20 1 < 20 < < 20 1 < 20 < < < 1 20 < 5 < 20 < 1 < 20 < < 5 < 20 < 1 < 20 < < 5 < 20 < 1 < 20 < < 20 < 1 < 20 < < < 5 < 20 < 1 < 20 < < < 5 < 20 < 1 < < 5 < 20 < 1 < 20 < < 20 1 < 20 < < < 5 < 20 1 < 20 < < 20 1 < 20 < < 5 < 20 < 1 < 20 < < < < 5 < 20 < 1 < 20 < < 20 2 < 20 < < 5 < 20 2 < 20 < < 5 < 20 < 1 < 20 < < 5 < 20 < 1 < 20 < < 5 < 20 4 < < 5 < 20 < 1 < 20 < < < 5 < 20 < 1 < < < 5 < 20 < 1 < < < < < < 1 7 < 5 < 20 < 1 < Page 3 of 16

33 Activation Laboratories Ltd. Report: A Analyte Symbol Unit Symbol Detection Limit Analysis Method F Nb2O5 SiO2 Al2O3 Fe2O3(T) MnO MgO CaO Na2O K2O TiO2 P2O5 LOI Total Sc Be V Cr Co Ni Cu Zn Ga Ge % % % % % % % % % % % % % % ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm FUS-ISE FUS-XRF FUS-ICP FUS-ICP FUS-ICP FUS-ICP FUS-ICP FUS-ICP FUS-ICP FUS-ICP FUS-ICP FUS-ICP FUS-ICP FUS-ICP FUS-ICP FUS-ICP FUS-ICP FUS-MS FUS-MS FUS-MS FUS-MS FUS-MS FUS-MS FUS-MS < 5 < 20 1 < 20 < < 5 < 20 2 < 20 < < < 5 < 20 < 1 < 20 < Received as Pulp < 0.01 < < 0.01 < 0.01 < < < 1 < 1 < 5 < 20 < 1 < 20 < 10 < 30 < 1 < < < 1 14 < 5 < 20 < 1 < 20 < 10 < < < < < 1 15 < 5 < 20 < 1 < 20 < 10 < < < < < 1 4 < 5 < 20 < 1 < 20 < 10 < < < < 5 < 20 < 1 < 20 < < < 5 < 20 < 1 < 20 < < 5 < 20 < 1 < 20 < < < 5 < 20 1 < < 5 < 20 9 < < 5 < 20 6 < < 5 < 20 5 < < 5 < 20 1 < 20 < < 5 < 20 < 1 < 20 < < < < 5 < 20 < 1 < 20 < < 20 < 1 < 20 < < 5 < 20 8 < Page 4 of 16

34 Activation Laboratories Ltd. Report: A Analyte Symbol Unit Symbol Detection Limit Analysis Method As Rb Sr Y Zr Mo Ag In Sn Sb Cs Ba Bi La Ce Pr Nd Sm Eu Gd Tb Dy Ho Er ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm FUS-MS FUS-MS FUS-ICP FUS-ICP FUS-ICP FUS-MS FUS-MS FUS-MS FUS-MS FUS-MS FUS-MS FUS-ICP FUS-MS FUS-MS FUS-MS FUS-MS FUS-MS FUS-MS FUS-MS FUS-MS FUS-MS FUS-MS FUS-MS FUS-MS < < 2 < < < < < < < < < 2 < < < < < < < < < 2 < 0.5 < < < < < 2 < 0.5 < < < < < 2 < 0.5 < < < < < < < < < 2 < 0.5 < 0.2 < 1 < < < < < < < < 0.5 < < < < < 0.5 < < < < < < < < < < < < < 0.5 < 0.2 < 1 < 0.5 < < < < < < < < < < < < < < < < < < < < 0.5 < < < < < 0.5 < < < < < < < < < < 2 < < < Received as Pulp < < < < < < < < < < 2 < < < < < 2 < 0.5 < < < < < 2 < 0.5 < 0.2 < 1 < 0.5 < < < < < < < 2 < 0.5 < < < < < < < < < < 2 < < < < < < < < < < < < < 2 < < < < < < < < < < < < < < < < < < < < < 2 < < < < < < < < < < < < < < < < < 2 < < < < < < < < < < 2 < < < Received as Pulp < 5 < 2 < 2 < 2 34 < 2 < 0.5 < 0.2 < 1 < 0.5 < < < < < Page 5 of 16

35 Activation Laboratories Ltd. Report: A Analyte Symbol Unit Symbol Detection Limit Analysis Method As Rb Sr Y Zr Mo Ag In Sn Sb Cs Ba Bi La Ce Pr Nd Sm Eu Gd Tb Dy Ho Er ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm FUS-MS FUS-MS FUS-ICP FUS-ICP FUS-ICP FUS-MS FUS-MS FUS-MS FUS-MS FUS-MS FUS-MS FUS-ICP FUS-MS FUS-MS FUS-MS FUS-MS FUS-MS FUS-MS FUS-MS FUS-MS FUS-MS FUS-MS FUS-MS FUS-MS < < < < < < < 2 < 0.5 < < < < < < < < < < < < < < < < < < < < < < < 2 < 0.5 < 0.2 < 1 < < < < < < < < < < < < < < < < < < < < < < < < < < < < < 0.5 < < < < < < < < < < < < < < < < < < < < < < < 0.5 < < < < Received as Pulp < < < < < < < < < < < < < < < < < < < < < < < < < < < < < < < < < < < < < < < < < < < < < < < < < < < < < < < < < < 0.5 < < < < < < < < < < < < < < < < < < < < < < < < < 0.5 < < < < < 0.5 < < Page 6 of 16

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