CLAYBANK

Overview

The Claybank Beryllium Project consists of two unpatented claims with a contiguous area of roughly 16 hectares (40 acres) and is situated in Juab County, Utah, located five kilometers northeast of Spor Mountain, the largest global beryllium producer operated by Materion Corp. Claybank connects via a 4.5km spur to the paved Brush Highway that is used to ship ore from Spor Mountain’s mining operations to their treatment plant located 15 kilometers northeast of Delta, Utah.

History

The property saw historical drilling in 1987 with 31 vertical drill holes distributed along strike of an altered Tertiary tuff that is the host rock for bertrandite ore being mined at Spor Mountain. Nineteen of the drillholes were closely-spaced and identified a zone of beryllium mineralization roughly 70 meters along strike of the tuff. Historical assays for the mineralization zone reported drillhole intercepts from 0.25-0.65% Be.

Note that the historical data reported for Claybank has not been confirmed by the Company - historical results must be treated with caution when considering the potential economics of a deposit. The resources at Spor Mountain Mine are not necessarily indicative of what may exist at Claybank.