Project Highlights
- Growth Potential: Mineralization continuous along c. 800m strike. Geologically appears to be part of a significantly larger system
- High Grade: Thick continuous zones of mineralization from surface:
- 157m @ 1.43% TREO
- 105m @ 1.15% TREO
- One of the last holes finished in 12.5m @ 4.5% TREO in carbonatite – no follow up.
- LREO Dominant: Consists of of mainly lanthanum, cerium and neodymium
- Next Steps: Excellent potential to increase grade / tonnes with additional drilling. Excellent potential to define a ~50 to 100Mt+ deposit at ~1-2% TREO.
- Gallium Model: Thick zones of Gallium (Ga) also intersected BUT never modelled –eg 76ppm over 87.5m, 72ppm over 63.5m.
- Mineral system suggests >15Mt exploration target @ 67g/t Ga
