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AMM <br /> qW GEM SERVICES <br /> Dawson Project—Tailings Characterization Page 3 <br /> All material types were subjected to static tests. Acid generation potential was assessed using the <br /> modified Sobek method of acid base accounting(MEND, 2009). Short term metal release was <br /> assessed using the shake flask extraction procedure (MEND, 2009)for the development rock and <br /> analyzing the filtrate from the two tailings samples by ICP-MS. Solid phase elemental analysis <br /> was done to determine the total amount of 51 elements present in the sample solids. Analytical <br /> method was aqua regia digestion followed by iCP-MS analysis. <br /> Typically,the decision to initiate long term metal release tests is made based on the results from <br /> the static testing results. However,given the Dawson project time frame and that the finer grain <br /> size of tailings makes them a higher probability source of long term metal release,kinetic testing <br /> on tailings began concurrently with the static testing. Long term metal release from tailings was <br /> assessed by humidity cell testing following ASTM D 5744—07 (April 2010). Humidity cells <br /> were run for twenty-five weeks, at which time parameter concentrations demonstrated a steady <br /> state. <br /> Development rock did not undergo long term leach testing based on the results of the static <br /> testing. <br /> A note on the testing methodology used for assessing the short term metal release from <br /> development rock. The State of Colorado requests the use of the Synthetic Precipitation <br /> Leaching Procedure(SPLP). This test is conducted at 1 part solid sample to 20 parts water. This <br /> ratio can dilute soluble metals to the extent that they are below the method detection limit for <br /> water analysis, particularly for rock samples with low metal content(such as the development <br /> rock samples). The shake flask extraction test is done using 1 part solid sample to 3 parts water. <br /> At this ratio soluble metals are more likely to be concentrated enough to be detected,yet dilute <br /> enough to avoid hitting solubility limits. To increase the probability of detecting metals,the <br /> shake flask extraction procedure was used to test short term metal release from development rock. <br /> 2.2 Samples <br /> Samples were selected by Zephyr Minerals geologists from drill core retrieved from the Fall 2020 <br /> drilling program. Sample sources and descriptions are summarized in Table 1 below. <br /> DDS/dds Zephyr Dawson_Tailings Charecteizetion_FinaLReport,Feb.3,22,1:18 PM Feb 2022 <br />