Significant resource increase at the Company’s Sonora Lithium Project, Mexico

Rare Earth Minerals Plc (LSE AIM: REM)) is pleased to report an updated Mineral Resource estimate (“MRE”) for the Sonora Lithium Project in northern Mexico (the “Project”), which has seen its Indicated Mineral Resources increase by over 300% from 1.1 million tonnes (“Mt”) to 5 million tonnes of lithium carbonate equivalent (“LCE”). In addition, the Project’s Inferred Mineral Resource has been estimated as a total of 3.9 Mt of LCE, increasing the overall Indicated and inferred resources from 7.4 Mt LCE to 8.8 Mt LCE.


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