Independent Geologist's Report Zambia - Syrah Resources Ltd

Surficial uranium deposits are very broadly defined as young (Tertiary to Recent) nearsurface
uranium concentrations in sediments or soils. In most cases these deposits
contain secondary uranium minerals and are cemented by calcite, gypsum, dolomite,
ferric oxide and halite. Calcrete-hosted surficial deposits are the most common,
represent the largest sub-class and comprise about 4% of world uranium resources.
Grades of the calcrete/surficial type of uranium deposits are generally low, from