F L AKE G RAPHI T E RESO UR CE S G eum am N ew r es our c e upg r ade us i ng dat a f r om hol es c om pl et ed s i nc e m i d 2018 pl anned i n Q 1 20 ex pec t ed t o i nc r eas e r es our c e s i z e t o g r eat er t han 10M t O ng oi ng g eophy s i c s i dent i f i es 7k m ex t ens i on t o anom al ous g r aphi t e hor i z on N ear s ur f ac e pot ent i al f or c ons i der abl e add on t onnag es ov er l i f e of m i ne R es our c e i s l oc at ed i n l ow us e f or es t l and adj ac ent t o abandoned g r aphi t e m i ne w hi c h oper at ed bet w een 1985 and 1993 T aehw a H i s t or i c al I ndi c at ed M i ner al R es our c e 99 000t 6 8 T G C and I nf er r ed M i ner al R es our c e of 70 000t 7 0 T GC P ot ent i al f or c ons i der abl e i nc r eas e i n s i z e and g r ade w i t h l i m i t ed s t ep out dr i l l i ng 25 P hase 2 dr i l l i ng at G eum am i nt er sect s m ul t i pl e w i de z ones of hi gh gr ade gr aphi t e O n t ar get t o i ncr ease m i ner al r esour ce H ol e N o Z one F ro m m T o m W i dt h m T GC GM 02 C 8 22 14 5 6 GM 09 B 12 65 53 7 3 GM 10 B 11 45 34 10 3 GM 11 B 14 56 42 7 8 GM 18 B 12 60 48 7 7 GM 19 B 34 64 30 7 6 GM 22 E 106 137 31 5 1 GM 24 E 73 95 22 6 7 GM 26 E 72 111 39 11 8 GM 30 E 100 121 21 7 5 GM 37 E 83 108 25 8 0 GM 40 E 122 150 28 9 6 GM 41 E 96 146 50 5 3