Lanthanein Resources Ltd. announced the discovery of new ironstones found during recent fieldwork and the identification of 41 new targets at the Lyons Rare Earths Project in Western Australia (Lyons Project). An extensive sampling program will commence shortly to follow up on these satellite imagery spectral targets of potential ironstones and quartz outcrops that may host rare earth mineralisation. Worldview3 satellite imagery (30cm Panchromatic, 1.2m Multispectral VNIR, and 3.7m SWIR Resolution) was acquired and interpreted by the Company over the Lyons tenement Block to help delineate ironstone outcrop.

Initial interpretation defined 41 outcrop targets in the northwestern sector of the tenement which now require rock sampling, due to commence shortly. The ground truthing and outcrop sampling is expected to help determine which spectral satellite imagery best detects outcropping ironstones. Rock sampling results will help define near term additional drill targets for rare earth elements.

Ironstone surface trends at the Lyon 12 and 13 (Photo 1) prospects that were recently drilled were intersected in all 8 holes at the Lyon 12 prospect, and 19 of the 20 holes drilled at Lyons 13. This provides a level of confidence of intersecting similar interpreted ironstone satellite targets throughout the tenement. Most of the initially interpreted ironstone targets occur within the "LI01 Crown Carbonatite" target as defined from the airborne geophysical data (Figures 1 and 3).

This large carbonatite target, with similar geophysical characteristics to the Mount Weld rare earth carbonatite, is planned to be tested by deep drilling following the award of a $200,000 cofunded drilling grant from the WA Government's Exploration Incentive Scheme. Further rock chip sampling, high resolution satellite spectral interpretation and drilling programs are planned to investigate additional targets not yet followed up, including thorium and magnetic anomalies throughout the Lyons Project and the high priority structural target along the major Bald Hill lineament which transects both the Edmund and Lyons Project Areas. The Bald Hill lineament is the major control on rare earth mineralisation at Hastings Technology Metals Yangibana mine and represents a very high priority target for Lanthanein.

Potential remains for further discoveries of ironstones and carbonatites within the Company's tenure where no historical REE exploration has occurred.