Communicators

SAMPLEID

ME-ICP41a

ME-ICP41a

ME-ICP41a

ME-ICP41a

ME-ICP41a

ME-ICP41a

ME-ICP41a

ME-ICP41a

ME-ICP41a

ME-ICP41a

ME-ICP41a

ME-ICP41a

Ag

Al

As

Ba

Be

Bi

Ca

Cd

Co

Cr

Cu

Fe

ppm

%

ppm

ppm

ppm

ppm

%

ppm

ppm

ppm

ppm

%

48000

<1

1.49

10

130

<5

<10

0.67

<5

8

15

16

2.92

48001

<1

3.13

50

140

<5

10

3.35

<5

30

75

48

5.94

48002

<1

3.13

40

240

<5

<10

3.5

<5

21

68

39

4.19

48003

<1

3.17

80

430

<5

<10

6.76

<5

26

74

79

4.27

48004

<1

3.43

40

300

<5

<10

5.28

<5

22

85

40

4.36

48005

<1

3.83

10

200

<5

<10

3.32

<5

16

51

36

3.29

48006

<1

3.18

90

390

<5

<10

4.21

<5

16

59

31

3.64

48007

<1

3.77

50

270

<5

<10

3.05

<5

21

85

43

4.36

48008

<1

3.36

20

170

<5

<10

3.08

<5

19

86

47

4

48009

<1

3.58

160

170

<5

<10

4.11

<5

17

83

41

4.16

48010

<1

2.18

240

480

<5

<10

12.9

<5

10

55

25

4.4

48011

<1

3.72

20

290

<5

<10

4.72

<5

19

105

40

4.3

48012

<1

3.76

90

550

<5

<10

7.85

<5

19

95

38

4.11

48013

<1

2.55

10

1860

<5

<10

1.37

<5

<5

11

<5

1.37

48014

<1

2.26

10

550

<5

<10

1.01

<5

6

12

5

1.87

48015

<1

3.42

10

310

<5

10

4.61

<5

13

67

43

3.83

48016

<1

2.72

170

390

<5

<10

7.25

<5

18

70

33

4.21

48017

<1

3.46

70

260

<5

<10

3.34

<5

19

75

45

4.8

48018

<1

3.18

40

170

<5

<10

1.17

<5

21

73

56

4.75

48019

<1

4.51

40

160

<5

<10

2.4

<5

25

107

81

5.5

48020

<1

3.29

70

220

<5

<10

4.21

<5

19

74

48

4.58

48021

<1

2.54

70

180

<5

<10

1.21

<5

20

55

37

3.93

48022

<1

4.45

90

220

<5

<10

1.02

<5

34

91

79

6.51

48023

<1

3.5

60

300

<5

<10

4.37

<5

19

84

45

4.46

48024

<1

4.61

110

250

<5

<10

6.51

<5

24

64

54

3.75

48025

<1

3.64

30

280

<5

<10

3.03

<5

18

81

45

4.44

48026

<1

3.44

80

210

<5

<10

3.49

<5

19

73

43

4.3

48027

<1

2.24

70

70

<5

<10

0.33

<5

9

19

15

2.68

SAMPLE ID

ME-ICP41a

ME-ICP41a

ME-ICP41a

ME-ICP41a

ME-ICP41a

ME-ICP41a

ME-ICP41a

ME-ICP41a

ME-ICP41a

ME-ICP41a

ME-ICP41a

ME-ICP41a

Ga

Hg

K

La

Mg

Mn

Mo

Na

Ni

P

Pb

S

ppm

ppm

%

ppm

%

ppm

ppm

%

ppm

ppm

ppm

%

48000

<50

<5

0.35

<50

0.64

830

<5

0.16

11

980

30

<0.05

48001

<50

<5

0.61

<50

2.12

880

<5

0.59

54

530

20

0.06

48002

<50

<5

0.85

<50

1.31

740

<5

0.05

73

690

30

<0.05

48003

<50

<5

0.67

<50

1.79

740

<5

0.14

77

600

20

<0.05

48004

<50

<5

0.69

<50

1.95

850

<5

0.28

84

550

30

<0.05

48005

<50

<5

0.82

<50

1.06

500

<5

1.26

41

590

30

<0.05

48006

<50

<5

1.06

<50

1.15

530

<5

0.21

46

9620

40

0.07

48007

<50

<5

0.99

<50

1.68

650

<5

0.36

87

650

30

<0.05

48008

<50

<5

0.84

<50

1.59

470

<5

0.13

94

540

40

<0.05

48009

<50

<5

0.65

<50

1.23

650

<5

0.76

90

600

30

<0.05

48010

<50

<5

0.46

<50

6.03

1430

<5

0.09

46

480

20

<0.05

48011

<50

<5

0.95

<50

2.06

790

<5

0.62

98

700

40

<0.05

48012

<50

<5

0.77

<50

2.82

1020

<5

1.48

93

6880

30

0.16

48013

<50

<5

1.01

<50

0.67

210

<5

0.11

5

1210

20

<0.05

48014

<50

<5

0.52

<50

0.78

420

<5

<0.05

11

1270

40

<0.05

48015

<50

<5

0.82

<50

2.65

920

<5

0.95

44

290

30

0.06

48016

<50

<5

0.46

<50

2.58

1040

<5

1.17

69

2130

30

0.2

48017

<50

<5

0.89

<50

1.61

890

<5

0.55

72

700

40

0.12

48018

<50

<5

0.81

<50

1.83

520

<5

0.09

46

830

<10

<0.05

48019

<50

<5

0.74

<50

2.04

430

<5

0.28

85

560

10

<0.05

48020

<50

<5

1.01

<50

1.2

720

<5

<0.05

79

590

30

<0.05

48021

<50

<5

0.66

<50

1.22

480

<5

0.2

49

740

20

<0.05

48022

<50

<5

0.65

<50

1.8

900

<5

<0.05

78

480

20

<0.05

48023

<50

<5

0.84

<50

1.34

830

<5

<0.05

89

540

30

<0.05

48024

<50

<5

0.91

<50

1.05

630

<5

1.01

66

640

50

0.05

48025

<50

<5

0.87

<50

1.4

430

<5

0.08

83

490

20

<0.05

48026

<50

<5

1.1

<50

1.39

570

<5

<0.05

70

720

30

<0.05

48027

<50

<5

0.42

<50

0.84

500

<5

<0.05

15

620

50

<0.05

SAMPLEID

ME-ICP41a

ME-ICP41a

ME-ICP41a

ME-ICP41a

ME-ICP41a

ME-ICP41a

ME-ICP41a

ME-ICP41a

ME-ICP41a

ME-ICP41a

ME-ICP41a

ME-ICP41a

Sb

Sc

Sr

Th

Ti

Tl

U

V

W

Zn

B

Li

ppm

ppm

ppm

ppm

%

ppm

ppm

ppm

ppm

ppm

ppm

ppm

48000

10

6

50

<100

0.17

<50

<50

59

<50

60

<50

<50

48001

10

12

267

<100

0.09

<50

<50

130

<50

120

<50

140

48002

10

10

153

<100

0.06

<50

<50

72

<50

120

240

100

48003

<10

11

603

<100

0.06

<50

<50

88

<50

110

190

110

48004

10

10

324

<100

0.07

<50

<50

81

<50

100

120

170

48005

10

9

86

<100

0.08

<50

<50

70

<50

80

80

90

48006

40

12

617

<100

0.06

<50

<50

79

<50

110

430

140

48007

10

11

150

<100

0.08

<50

<50

77

<50

110

190

160

48008

10

10

116

<100

0.06

<50

<50

66

<50

100

170

120

48009

10

10

124

<100

0.06

<50

<50

72

<50

80

80

100

48010

10

7

1335

<100

<0.05

<50

<50

49

<50

50

220

110

48011

10

10

283

<100

0.07

<50

<50

72

<50

100

90

160

48012

10

13

1140

<100

0.08

<50

<50

76

<50

100

180

180

48013

<10

5

1250

<100

0.14

<50

<50

45

<50

20

<50

<50

48014

10

<5

201

<100

0.14

<50

<50

48

<50

20

<50

<50

48015

10

12

381

<100

0.07

<50

<50

69

<50

90

100

150

48016

10

16

713

<100

0.05

<50

<50

76

<50

70

110

110

48017

20

11

227

<100

0.08

<50

<50

81

<50

110

160

140

48018

10

11

100

<100

0.14

<50

<50

96

<50

90

<50

130

48019

10

14

110

<100

0.11

<50

<50

135

<50

110

<50

180

48020

10

10

135

<100

0.06

<50

<50

67

<50

80

250

100

48021

10

7

99

<100

0.12

<50

<50

65

<50

70

<50

90

48022

10

16

51

<100

0.08

<50

<50

126

<50

130

120

120

48023

<10

10

204

<100

0.06

<50

<50

71

<50

100

160

140

48024

10

12

115

<100

0.07

<50

<50

75

<50

90

120

130

48025

10

10

80

<100

0.06

<50

<50

71

<50

90

150

120

48026

10

10

132

<100

0.09

<50

<50

75

<50

90

190

110

48027

10

7

22

<100

<0.05

<50

<50

44

<50

110

<50

70

Sampling techniques

• Nature and quality of sampling (eg cut channels, random chips, or specific specialised industry standard measurement tools appropriate to the minerals under investigation, such as down hole gamma sondes, or handheld XRF instruments, etc). These examples should not be taken as limiting the broad meaning of sampling.
• Include reference to measures taken to ensure sample representivity and the appropriate calibration of any measurement tools or systems used.
• Aspects of the determination of mineralisation that are Material to the Public Report.
• In cases where ‘industry standard’ work has been done this would be relatively simple (eg ‘reverse circulation drilling was used to obtain 1 m samples from which 3 kg was pulverised to produce a 30 g charge for fire assay’). In other cases more explanation may be required, such as where there is coarse gold that has inherent sampling problems. Unusual commodities or mineralisation types (eg submarine nodules) may warrant disclosure of detailed information.

• The rock chips samples were collected directly from fresh non weathered fine pelitic sediments along exposed outcrops.
• The samples were large enough to be representative for sedimentary lithology, generally in the range 0.5-1 kg.
• The sample is placed into the sampling container, which is labeled according to the attributed sample number.
• All relevant information with regard to the outcrop was recorded.
• Sample for XRD was taken from exposed efflorescence within sedimentary basin.
• Regional gravity survey stations were accomplished within a grid with nominal station spacing of about 1000m. The reginal gravity data were acquired using a WORDEN gravity meter.
• Regional magnetic survey stations were accomplished within a grid with station spacing of about 2000m. The regional magnetic data was acquired using magnetometer which are measuring magnetic vertical component of the geomagnetic field.

Sampling techniques

• Nature and quality of sampling (eg cut channels, random chips, or specific specialised industry standard measurement tools appropriate to the minerals under investigation, such as down hole gamma sondes, or handheld XRF instruments, etc). These examples should not be taken as limiting the broad meaning of sampling.
• Include reference to measures taken to ensure sample representivity and the appropriate calibration of any measurement tools or systems used.
• Aspects of the determination of mineralisation that are Material to the Public Report.
• In cases where ‘industry standard’ work has been done this would be relatively simple (eg ‘reverse circulation drilling was used to obtain 1 m samples from which 3 kg was pulverised to produce a 30 g charge for fire assay’). In other cases more explanation may be required, such as where there is coarse gold that has inherent sampling problems. Unusual commodities or mineralisation types (eg submarine nodules) may warrant disclosure of detailed information.

• The rock chips samples were collected directly from fresh non weathered fine pelitic sediments along exposed outcrops.
• The samples were large enough to be representative for sedimentary lithology, generally in the range 0.5-1 kg.
• The sample is placed into the sampling container, which is labeled according to the attributed sample number.
• All relevant information with regard to the outcrop was recorded.
• Sample for XRD was taken from exposed efflorescence within sedimentary basin.
• Regional gravity survey stations were accomplished within a grid with nominal station spacing of about 1000m. The reginal gravity data were acquired using a WORDEN gravity meter.
• Regional magnetic survey stations were accomplished within a grid with station spacing of about 2000m. The regional magnetic data was acquired using magnetometer which are measuring magnetic vertical component of the geomagnetic field.

Drilling techniques

• Drill type (eg core, reverse circulation, open-hole hammer, rotary air blast, auger, Bangka, sonic, etc) and details (eg core diameter, triple or standard tube, depth of diamond tails, face-sampling bit or other type, whether core is oriented and if so, by what method, etc).

• The Company did not conduct any drilling activities to date.

Drill sample recovery

• Method of recording and assessing core and chip sample recoveries and results assessed.
• Measures taken to maximise sample recovery and ensure representative nature of the samples.
• Whether a relationship exists between sample recovery and grade and whether sample bias may have occurred due to preferential loss/gain of fine/coarse material.

• The release refers to results from surface sampling and geophysical surveys; this section is not relevant to this release.

Logging

• Whether core and chip samples have been geologically and geotechnically logged to a level of detail to support appropriate Mineral Resource estimation, mining studies and metallurgical studies.
• Whether logging is qualitative or quantitative in nature. Core (or costean, channel, etc) photography.
• The total length and percentage of the relevant intersections logged.

• Information about sampling location, rock type being sampled, attitude of sedimentary formation and reaction with HCL have been recorded in field book and transferred in Excel spreadsheet subsequently.

Sub-sampling techniques and sample preparation

• If core, whether cut or sawn and whether quarter, half or all core taken.
• If non-core, whether riffled, tube sampled, rotary split, etc and whether sampled wet or dry.
• For all sample types, the nature, quality and appropriateness of the sample preparation technique.
• Quality control procedures adopted for all sub-sampling stages to maximise representivity of samples.
• Measures taken to ensure that the sampling is representative of the in situ material collected, including for instance results for field duplicate/second-half sampling.
• Whether sample sizes are appropriate to the grain size of the material being sampled.

• The samples have been prepared in ALS laboratory in Bor, Serbia.
• After drying samples have been crushed so that 70% pass 2mm. Approximately 250g of crushed material have been divided using rotary splitter.
• After splitting samples were pulverized down to 75µm.
• After sample preparation, sample pulps have been sent to ALS laboratory in Ireland for geochemical analyses.
• No filed duplicates were collected during the sampling program.
• Internal lab duplicates were prepared by the laboratory to check the preparation process and the precision of the instrument determination.

Quality of assay data and laboratory tests

• The nature, quality and appropriateness of the assaying and laboratory procedures used and whether the technique is considered partial or total.
• For geophysical tools, spectrometers, handheld XRF instruments, etc, the parameters used in determining the analysis including instrument make and model, reading times, calibrations factors applied and their derivation, etc.
• Nature of quality control procedures adopted (eg standards, blanks, duplicates, external laboratory checks) and whether acceptable levels of accuracy (ie lack of bias) and precision have been established.

• After sample preparation, sample pulps were then analyzed High Grade Aqua regia ICP-AES. The ALS method is ME-ICP41a, comprising a standard suite of 35 elements including Li and B. The lower and upper detection range for Li and B by this method are 50 ppm and 50,000 ppm respectively.
• ALS utilized standard internal quality control measures including the use of certified lithium standards, blanks and duplicates.
• One sample has been sent for mineral determination by XRD. The sample has been analysed by mineralogy department at Belgrade University.
• Acquired regional gravity and magnetic survey was undertaken by Yugoslav geological survey during 80´s. There is no detail information about quality control from that time, but the data provider stated that data have been checked in recent years and that there is no significant deviation observed.

Verification of sampling and assaying

• The verification of significant intersections by either independent or alternative company personnel.
• The use of twinned holes.
• Documentation of primary data, data entry procedures, data verification, data storage (physical and electronic) protocols.
• Discuss any adjustment to assay data.

• No verification performed at this stage.
• Assay data received from the lab is imported into the database.
• No adjustment to assays data being applied.

Location of data points

• Accuracy and quality of surveys used to locate drill holes (collar and down-hole surveys), trenches, mine workings and other locations used in Mineral Resource estimation.
• Specification of the grid system used.
• Quality and adequacy of topographic control.

• km = kilometer; m = meter; mm = millimeter
• Samples were located using handheld GPS with an expected accuracy of +/-5m.
• At that time the coordinates of the points were determined from the topographic maps 1: 10000 scale where 1 mm on the map corresponds to 10 m in nature. Elevation have been surveyed by tacheometry and levelling instruments.
• All sampling and geophysics survey coordinates are tied into the state triangulation network and provided in the Serbian Gauss Kruger co-ordinate system.

Data spacing and distribution

• Data spacing for reporting of Exploration Results.
• Whether the data spacing and distribution is sufficient to establish the degree of geological and grade continuity appropriate for the Mineral Resource and Ore Reserve estimation procedure(s) and classifications applied.
• Whether sample compositing has been applied.

• No regular spacing was used. The samples were collected from restricted outcrops.
• The geophysics survey involved acquisition of regional gravity and magnetic data with spacing of about 1000m for gravity and 2000m for magnetic survey.
• The data spacing and distribution is not sufficient to establish the degree of geological and grade continuity appropriate for Mineral Resource estimation purposes.
• No compositing applied.

Orientation of data in relation to geological structure

• Whether the orientation of sampling achieves unbiased sampling of possible structures and the extent to which this is known, considering the deposit type.
• If the relationship between the drilling orientation and the orientation of key mineralised structures is considered to have introduced a sampling bias, this should be assessed and reported if material.

• The samples were taken directly from outcropping fine pelitic sedimentary strata to represent potential hosts of mineralisation that the Company is looking for.

Sample security

• The measures taken to ensure sample security.

• Company geologist supervises all sampling and subsequent storage in field.

Audits or reviews

• The results of any audits or reviews of sampling techniques and data.

• There have not been any audits.

Mineral tenement and land tenure status

• Type, reference name/number, location and ownership including agreements or material issues with third parties such as joint ventures, partnerships, overriding royalties, native title interests, historical sites, wilderness or national park and environmental settings.
• The security of the tenure held at the time of reporting along with any known impediments to obtaining a licence to operate in the area.

• Centurion Metals DOO, a 100% owned subsidiary of Jadar resources LTD, is a 100% holder of Vranje South mineral exploration license (License # 2225). The license is located in south Serbia.
• At time of reporting the Company license is in good standing and the Company plans to comply with all provisions relating to the Serbian mining law.

Exploration done by other parties

• Acknowledgment and appraisal of exploration by other parties.

• Historical work has been conducted on the Vranje-South project area by various Serbian and Yugoslav state geological agencies.
• There is no available information that any previous exploration work has been done related to the type and stile of mineralisation that Jadar Lithium is looking for.

Geology

• Deposit type, geological setting and style of mineralisation.

• Evaporate (Lithium – borate) deposits of the type being explored in Vardar zone are typically found in tectonically active zones associated with deep-seated faulting. The deposits occur in shallow water lacustrine and mudflat environments, usually accompanied by volcanic and tuffs, or indications of spring or spring apron accumulations - travertine. The deposit model currently being used is Jadar deposit and it is a borate deposit with relatively high lithium content. The published Jadar deposit resource are 135.7 million tons of jadarite ore grading 15.4% B2O3 and 1.86% Li2O.

Drill hole Information

• A summary of all information material to the understanding of the exploration results including a tabulation of the following information for all Material drill holes:
  • easting and northing of the drill hole collar
  • elevation or RL (Reduced Level – elevation above sea level in metres) of the drill hole collar
  • dip and azimuth of the hole
  • down hole length and interception depth
  • hole length.
• If the exclusion of this information is justified on the basis that the information is not Material and this exclusion does not detract from the understanding of the report, the Competent Person should clearly explain why this is the case.

• No drilling undertaken.

Data aggregation methods

• In reporting Exploration Results, weighting averaging techniques, maximum and/or minimum grade truncations (eg cutting of high grades) and cut-off grades are usually Material and should be stated.
• Where aggregate intercepts incorporate short lengths of high grade results and longer lengths of low grade results, the procedure used for such aggregation should be stated and some typical examples of such aggregations should be shown in detail.
• The assumptions used for any reporting of metal equivalent values should be clearly stated.

• No data aggregation done.

Relationship between mineralisation widths and intercept lengths

• These relationships are particularly important in the reporting of Exploration Results.
• If the geometry of the mineralisation with respect to the drill hole angle is known, its nature should be reported.
• If it is not known and only the down hole lengths are reported, there should be a clear statement to this effect (eg ‘down hole length, true width not known’).

• As the geochemical results reported here that were collected by Jadar Lithium are from surface, any potential depths of mineralisation or orientations can only be inferred from geological observations on the surface and hence are speculative in nature.

Diagrams

• Appropriate maps and sections (with scales) and tabulations of intercepts should be included for any significant discovery being reported These should include, but not be limited to a plan view of drill hole collar locations and appropriate sectional views.

• Maps and diagrams are part of this report. See Report maps.

Balanced reporting

• Where comprehensive reporting of all Exploration Results is not practicable, representative reporting of both low and high grades and/or widths should be practiced to avoid misleading reporting of Exploration Results.

• The reporting here covers the area of the Company’s current focus. Further data analysis and interpretation may result in the definition of drilling targets.

Other substantive exploration data

• Other exploration data, if meaningful and material, should be reported including (but not limited to): geological observations; geophysical survey results; geochemical survey results; bulk samples – size and method of treatment; metallurgical test results; bulk density, groundwater, geotechnical and rock characteristics; potential deleterious or contaminating substances.

• The Company acquired historic gravity and ground magnetic survey data from local contractor.
• Gravity readings taken and recorded in the field go through several processing steps to generate absolute gravity values.  These steps include: converting the meter reading to milligals (using the calibration tables unique to each meter) and referencing them to the gravity base value, correcting for solar and lunar tides and meter drift, and correcting for height of the meter above ground level.  Absolute gravity (also known as observed gravity) values represent the change in the strength of gravity due to changes in: latitude, elevation, earth density and terrain effects. Accuracy of gravimeter was -0.1mGal.
• The vertical component of the geomagnetic field was converted into a total vector by a special mathematical method taking into account the magnetic inclination and declination as well as the calculation of the normal geomagnetic field. The accuracy of the magnetometer at that time was 5 nT.

Further work

• The nature and scale of planned further work (eg tests for lateral extensions or depth extensions or large-scale step-out drilling).
• Diagrams clearly highlighting the areas of possible extensions, including the main geological interpretations and future drilling areas, provided this information is not commercially sensitive.

• Given the rapid advance of the multidisciplinary exploration program currently underway, the Company expects the exploration drilling program to be initiated in 2H 2019.