Month July 2018

Protean Energy – Resource Estimation report for Daejon. CP/QP: Kahan Cervoj

Protean Energy Ltd (Protean or the Company) is pleased to announce a significant upgrade to the Daejon Vanadium/Uranium project mineral resource estimation (MRE), following the successful completion of Phase 1 p-XRF assaying. This MRE is estimated across approximately 40% of the known strike length of mineralisation. The 2018 interim MRE represents a significant increase to the existing JORC 2004 resource (see announcement dated 29 August 2013).
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