Kwyjibo

The Kwyjibo property encompasses 6 historical iron-copper-rare earths showings where the main zone of Fe-REE mineralization is the Josette horizon (Josette Northeast and Josette Southwest). The Fe-REE mineralized system of this horizon has been tested by drilling over a strike length of 1.2 km and to a depth of 300 m. Its thickness varies from a few meters to more than 50 m. The mineralized system remains open at depth. The Josette Northeast Zone has been outlined over a 600 m strike length.
The results of the preliminary economic assessment (PEA) for the Kwyjibo project were released in 2018. This study is based on an initial resource estimate and preliminary metallurgical test results.