Yangibana JORC Resource

Hastings has completed eight phases of drilling at Yangibana. Based on results from the first seven programmes independent consultant Widenbar and Associates has estimated the resources as shown in the table below (November 2017).

100% Hastings
Eastern Belt

Bald Hill M09/157

CategoryTonnesTREONd2O3+Pr6O11
%%
Measured2,700,0001.000.40
Indicated1,890,0001.010.40
Inferred1,110,0000.880.33
Total5,700,0000.980.39

Bald Hill M09/162

CategoryTonnesTREONd2O3+Pr6O11
%%
Indicated160,0001.040.44
Inferred230,0001.060.42
Total400,0001.050.43

Fraser’s E09/2018

CategoryTonnesTREONd2O3+Pr6O11
%%
Inferred40,0000.390.18
Total40,0000.390.18

Fraser’s M09/158

CategoryTonnesTREONd2O3+Pr6O11
%%
Measured220,0001.600.68
Indicated660,0001.520.65
Inferred660,0000.740.31
Total1,540,0001.200.43

Yangibana M09/165

CategoryTonnesTREONd2O3+Pr6O11
%%
Indicated1,180,0000.890.42
Inferred720,0000.870.41
Total1,900,0000.880.42

Auer North E09/1700

CategoryTonnesTREONd2O3+Pr6O11
%%
Inferred290,0000.820.24
Total290,0000.820.24

Auer North E09/1989

CategoryTonnesTREONd2O3+Pr6O11
%%
Indicated300,0001.240.45
Inferred170,0001.210.39
Total470,0001.220.41

Auer E09/1989

CategoryTonnesTREONd2O3+Pr6O11
%%
Indicated260,0001.150.43
Inferred960,0001.080.39
Total1,220,0001.100.39

Simon’s Find E09/2018

CategoryTonnesTREONd2O3+Pr6O11
%%
Indicated240,0000.800.44
Inferred310,0000.800.44
Total550,0000.800.44

Simon’s Find E09/1943

CategoryTonnesTREONd2O3+Pr6O11
%%
Indicated220,0000.480.25
Inferred540,0000.590.29
Total760,0000.560.28

Western Belt

Yangibana West M09/160

CategoryTonnesTREONd2O3+Pr6O11
%%
Measured110,0001.580.45
Indicated1,660,0001.240.34
Inferred760,0001.340.35
Total2,,540,0001.290.35

Total

CategoryTonnesTREONd2O3+Pr6O11
%%
Measured3,030,0001.060.42
Indicated6,560,0001.090.41
Inferred5,790,0000.940.35
Total15,410,0001.030.40

70% Hastings
Eastern Belt

Bald Hill M09/161

CategoryTonnesTREONd2O3+Pr6O11
%%
Inferred90,0000.780.33
Total90,0000.780.33

Yangibana M09/163

CategoryTonnesTREONd2O3+Pr6O11
%%
Indicated130,0000.570.27
Inferred140,0000.510.24
Total270,0000.540.25

Western Belt

Yangibana North M09/159

CategoryTonnesTREONd2O3+Pr6O11
%%
Measured870,0001.640.43
Indicated1,920,0001.840.47
Inferred630,0001.850.47
Total3,430,0001.790.43

Lion’s Ear Deposit

CategoryTonnesTREONd2O3+Pr6O11
%%
Inferred710,0001.540.39
Total710,0001.540.39

Kane’s Gossan

CategoryTonnesTREONd2O3+Pr6O11
%%
Inferred573,0001.040.29
Total573,0001.040.29

Hook Deposit

CategoryTonnesTREONd2O3+Pr6O11
%%
Inferred290,0001.520.33
Total290,0001.520.33

Gossan Deposit

CategoryTonnesTREONd2O3+Pr6O11
%%
Inferred250,0001.430.35
Total250,0001.430.35

Total

CategoryTonnesTREONd2O3+Pr6O11
%%
Measured3,900,0001.190.42
Indicated8,610,0001.250.42
Inferred8,470,0001.090.35
Total21,020,0001.170.40

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