Ashram

• Deposit type: REE minerals:Monazite, bastnaesite, xenotime (REE, Nb, Ta)Ore minerals: Gangue minerals: Fluorspar, PhosphateHost rock types: Average grade:Status: Company: Resource estimates:42% TREO at 76% recovery, 46% TREO at 71% recovery, and 49% TREO at 63% recovery

• Measured resource of 1.6 million tonnes (Mt) at 1.77% TREO, an indicated resource of 28 Mt at 1.90% TREO, and an

• inferred resource of 220 Mt at 1.88% TREO

References

1. https://en.wikipedia.org

2. http://www.canadianminingjournal.com/news/ree-study-ashram-deposit-shows-robust-economics/

3. https://www.commerceresources.com/assets/pdf/2017-02-ppt_-ashram-corporate-(final)-en-20170221071651.PDF

4. http://www.nunavikmineralexplorationfund.com/docs/KMW_2016/2016-04-26_PPT_Kuujjuaq_Workshop_-_Ashram_FINAL.pdf

5. http://blog.zimtu.com/tag/ashram-rare-earth-element-deposit/