Geological Society of London

• These traces of the oldest complex ecosystems have been found in only a handful of locations around the world.
• The fossils were made by soft-bodied creatures covered by sand, creating impressions of their squashed remains imprinted into rock.
• Now, we can confirm they were near contemporaries of the famous South Australian fossils.

A bookmark for rocks

• Understanding the age of fossils is extremely useful for correlation and understanding how biological communities evolved.
• Hence, volcanic ash acts much like a bookmark in a sequence of rocks, tracking the moment of eruption.

A clock for rocks

• Scientists know the rate at which this change occurs, so by analysing the composition of the crystal we can use the zircon as a geological clock.
• The more precisely we measure the amount of uranium and lead, the more precise the clock.
• By carefully dissolving, heating and analysing zircon, we have dated the rocks in Wales to 565 million years (plus or minus 0.1%).

It’s life, but not as we know it

• Ediacaran life is odd, with strange soft-bodied forms whose interaction with the environment is unclear.
• Some appeared fern-like, others like cabbages, and yet others were similar to modern sea pens, resembling fat, old-fashioned writing quills.

A tropical paradise?

Half a billion years ago, Wales was not green and sheep covered and looked much more like a barren volcanic island. The Llangynog fossils are fascinating because they record a shallow marine ecosystem. In contrast, other famous fossil sites like Charnwood Forest in the United Kingdom and Mistaken Point, Canada record deep-marine conditions.

• In the shallow waters of the chain of tropical volcanic islands that’s now Wales, a creature called Aspidella terranovica felt the warmth of sunlight and the sway of the tides 565 million years ago.
• Alongside Aspidella, other disc-like organisms are preserved; these could represent the anchor for fern-shaped filter feeders.

Chris Kirkland receives funding from the Australian Research Council and various state government organisations within Australia. Anthony Clarke receives funding from the Australian Research Council.

• In support of the token redemption protocol, Madison may execute uranium spot market purchases; build an in-house uranium inventory; purchase futures contracts; and/or purchase storage facility swap orders for the approved parties redeeming the $U Token for physical settlement, facilitated by Madison.
• In addition, Madison announces that in early 2024, SRK Consulting (UK) Limited (“SRK”) will deliver an NI 43-101-compliant technical report on the resource at Exclusive Prospecting Licence 8531 (“EPL-8531”).
• “Madison is focused on the development of its uranium assets in light of the robust uranium market fundamentals.
• The demand for sustainable energy solutions is escalating, positioning uranium as a key resource in the global energy market,” said Duane Parnham, Executive Chairman and CEO of Madison Metals.

• The tonnage reported has also been restricted to those blocks which exceeds a Net Smelter Return (NSR) cut-off of USD 16.3/t.
• SRK has treated the Storeknuten Hillfort and Eiaveien Road as limiting factors in reporting open pit Mineral Resource (i.e.
• No other environmental and social risks and issues have been used to limit the reporting of Mineral Resource according to the RPEEE criteria at this stage.
• Mineral Resources are not Ore Reserves and do not have demonstrated economic viability, nor have any mining Modifying Factors been applied.

• The carbon dioxide (“CO2”) capture is inherent to the Products and is estimated at 120kg per tonne.
• To evaluate Verde's Products, the Company engaged Professor David Manning Ph.D., who is a leading expert in ERW.
• We are now devoting significant energy and resources to the Life Cycle Analysis, which will determine our products' carbon footprint - if there is any and how best to pursue monetization from potential carbon credits.
• The Company will also determine how its Products can meet the requirements necessary to generate carbon credits.