Avenira Limited announced it has completed a review of historical analyses for Rare Earth Elements (REE) across the Wonarah Phosphate Project (Wonarah). A total of 282 REE samples were identified, sourced from various locations and within differing stratigraphic horizons across the deposit. Ongoing Work; Identification of sample pulps for REE analysis within the Mudstone Phosphorite and Convolute Mudstone stratigraphic units has commenced with a view of undertaking broad composite sampling across the Main Zone resource. Selective broad sampling will be undertaken across the Arruwurra Resource to assess the possibility of continuous mineralisation. Assessment of the potential
across the remainder of the tenement package will also be undertaken to determine the potential for REE mineralisation. Investigation of samples with incomplete REE analysis will be undertaken to confirm whether
additional REEs had been analysed but not reported, as this was a fairly common occurrence historically. This may uncover the presence of additional high-value elements. Wonarah Scoping Study Update; The Wonarah Scoping Study is expected to be released soon but the timing is expected to slip into early Third Quarter CY22 from the previously anticipated Second Quarter CY22. The document is in its final phases and is currently in the process of third party technical and commercial review to ensure the quality and outcomes meet the industry standards expected of scoping studies.