source:The AustralianRed Metal has defined a giant maiden resource of 4.8Bt at 302ppm NdPr and 28ppm DyTb for its Sybella rare earths projectResource starts from surface and remains open below 100m depth, meaning there’s potential to growWeathered granite at surface with resources of 788Mt at 297ppm NdPr and 28ppm DyTb offers early mining opportunitiesSpecial Report: Red Metal’s maiden resource estimate for its Sybella project confirms what the company has believed in all along – that it is an absolutely massive magnet rare earths deposit.Grade distribution and good continuity between individu...
Release time:
2024
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source:Australian Resources & InvestmentAxel REE has intersected “exceptional concentrations” of rare earth elements as part of an auger drilling campaign at its Caldas project, part of the Poços de Caldas Alkaline Complex in Minas Gerais, Brazil.Results from drill hole CAL-AUG-001 returned 11m at 3273 parts per million (ppm) total rare earth oxide (TREO), including 1m at 7099ppm TREO and 3m at 5609ppm TREO, ending in high-grade mineralisation and indicating potential depth continuity.Other impressive results included CAL-AUG-003, which reported 20m at 3082ppm TREO, including 1m at 65...
Release time:
2024
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source:SMALL CAPSAssays from maiden reconnaissance exploration at Strata Minerals’ (ASX: SMX) Elliot Lake project in Canada have confirmed the presence of anomalous uranium and rare earth elements.The mapping and sampling program was designed to provide an initial assessment of multiple high-priority targets and determine access for a potential future drilling program.The company is currently reviewing and assessing the sample data to determine the next exploration phase at the project.Anomalous outcropThe assays confirmed the presence of the targeted conglomerates and sandstones, also identif...
Release time:
2024
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source:MININGCazaly Resources (ASX:CAZ) is on the cusp of adding the Abenab North licence in Namibia to its portfolio after receiving notification from the Ministry of Mines and Energy of its plans to grant the licence. The explorer previously submitted an application for the new exclusive Abenab North prospecting licence, which Cazaly says is prospective for copper, base metals and rare earths.While the licence has progressed to notification of intention to grant, it is still subject to environmental clearance by the Ministry of Environment and Tourism.An environmental clearance certific...
Release time:
2024
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