First hole confirms world-class Spanish - EU discovery

• Indicative heavy mineral grades** of: Indicative heavy mineral grades ** of: -3.0m at 10.2% rutile, 3.9% ilmenite, 6.1% zircon and 1.1% monazite from 108.45m, • incl. 2.1m at 13.0% rutile, 5.0% ilmenite, 7.9% zircon, 1.4% monazite from 108.45m, • incl. 1.5m at 15.7% rutile, 6.0% ilmenite, 9.8% zircon, 1.7% monazite from 108.75m. • Assay results from primary prospective quartzite layer in hole AV