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CorrespondingoxidegradesREOs


LREE5LREO5O3O2O3O3096127010024002resourceestimateAugust2011TheQualifiedresponsibleresourceestimateSidesresourcereportedaccordingStandards2010selectiveassumedwhencreatingmodelReportedgradesconsideratio

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Document on Subject : "CorrespondingoxidegradesREOs"— Transcript:

1 Correspondingoxidegrades(REOs) LREE5 LRE
Correspondingoxidegrades(REOs) LREE5 LREO5 O3 O 2O3 O3 0.96 1.27 0.10 0.24 0.02             resourceestimateAugust2011.TheQualifiedresponsibleresourceestimateSides,resourcereportedaccordingStandards(2010). selectiveassumedwhencreatingmodel. Reportedgradesconsiderationgradesmineralisedmaterialmineralisedwallrockmaterialestimated MineralResourceStatement(CutgradezoneAMEClookedtonnagerespectAMECapplyingmineralisedindicatorcut(�=70%SMU)definetheResourcethatcontainshigherareas,economicextraction.(see Zone Tonnage Resource(REEs) Correspondingoxidegrades(REOs) LREE5 LREO5 O3 O 2O3 O3 0.211.682.050.160.380.02 1.972.520.190.440.03 0.092.122.590.190.470.03 2.483.180.230.550.03 0.210.821.080.090.240.02 0.961.320.110.280.02 TOTAL 0.51 3.7 1.41 1.76 0.14 0.34 0.02 4.4 1.66 2.16 0.17 0.39 0.02             gradesabovegradeInferredResourcearenotgradesselectionblocks

2 (SMUs)mineralisedmaterial.couldrealistic
(SMUs)mineralisedmaterial.couldrealisticallyminedseparatelyexcludedfromreported resourceestimatefiguresarebased2011.TheQualifiedresponsibleresourceestimateEurGeol,P.Geo.resourcereportedaccordingDefinition(2010). ReportedgradesconsiderationgradesmineralisedmaterialmineralisedwallrockmaterialestimatedinsideSMU. reportedResourcebasedgrade1.0%LREO5estimatedgradesCeOResourcesTwigadepositsconstrainedoptimisedfollowing50;recovery100%(alreadyincorporatedUSD2.85/t;processoperatingcostsUSD12.0/t;costs3.0/tresource,90%recoveryLREO5bastnaesiteconcentrate;concentrateUSD10/kg. SubsetResources(ReportedindicatorcutestimateSEDARclickinglinkMonteroshttp://www.monteromining.com/projects/pdf/MONWiguHill43101.pdf Metallurgicalproperty,theandtargetsfurtherdrillingothertargetsunderway.updatedestimate.tonnageresourceresourcepotentialfractiontheComplex.potentialcentralcarbonatiteextensiveoccurrencesmine

3 ralizedcarbonatiteQualifiedPersonsState
ralizedcarbonatiteQualifiedPersonsStatementtechnicalcontainedEvans,personpurposeNationalInstrument101consultingindependentAMECEarthaccordingDefinitionStandards(2010).QualifiedresourceEdmundAMECemployee.MonteroMiningExplorationMiningExplorationcompanyidentification,focused(REE),phosphatesTanzania,SouthandQuebec,focusedaddingalltheproperties,thehighestpotentialdevelopmentresourcesengageddevelopmentElementwhichgrade,undevelopedLightEarthexplorationourinitialMineralResourceEstimate.risingREEsChina'sexportbecomingthatdevelopsearthresourcesthedemandtechnologyhightechMonterosWiguElementprojectandbringthiseventualproductionandwhilesociallyresponsibleforportfolioproperties.MonterotradestheVentureExchangeundertheMON.Dr.TonyHarwoodPresidentmoreinformationLtd.RichelleChapman,ir@monteromining.com RenmarkFinancialCommunicationsInc.Peter ashahi@renmarkfinancial.com 3989www.renmarkfinancial.com