Quest Rare Earth Minerals - Was Quest Unranium Corporation - FWR Spinn off

Uranium and Rare Earth Elements Exploration in Canada

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2010 Q2 Late June

Strange Lake

Bench scale metallurgical study by Hazen Research for BZone.

2010 Q3 Strange Lake

Starting late June, 13,000 m drilling on BZone to upgrade inferred resource to indicated, and test eastern extension of BZone radiometric anomaly, 2,000 m to test eastern peripheral target, winterized camp allows work until Dec and resume in March 2011.

2010 Q3 Early July Misery Lake

Start field work including prospecting and geochem sampling, develop targets for August drilling.

2010 Q3 Late July Strange Lake

PEA for BZone.

2010 Q3 Late August Misery Lake

Fence of 100 m angled holes totaling 2,500 m on mineralized ring structures after reconnaissance drill released from Strange Lake.

2010 Q3 Late September Strange Lake

Delivery to Hazen of 20 tonne bulk sample from BZone for pilot plant scale metallurgical study during 2011 with completion expected late 2011.

2011 Q2 Late June Strange Lake

Updated 43-101 resource estimate for BZone incorporating drilling from July-Nov 2010, boost inferred to indicated, include extensions if any.

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