Reach Resources reports high-grade niobium and rare earth assays from Wabli Creek
The date of:
2024-06-14
viewed:
0
Assays from rock chip sampling at Reach Resources’ (ASX: RR1) Wabli Creek project in Western Australia have identified a primary source of high-grade niobium / rare earth element-enriched pegmatites, previously only found in surface eluvial samples on site.The granitic pegmatites have been confirmed as a primary source of mineralisation with the best assays of 17.65% niobium oxide, 0.15% yttrium oxide, 10.81% tantalum oxide, 31.39% titanium oxide and 0.37% TREO (total rare earth oxides).The results, chipped straight off the bedrock, hold similar concentrations to previously-reported weathered surface material 500 metres away that graded 32% niobium oxide and 2.57% TREO.The in-situ (or bedrock) source is believed to be parented by an ovoid late-stage intrusive feature, with a possible carbonatite association highlighted last month by Southern Geoscience.This feature is younger than the surrounding country rock and the majority of the niobium-yttrium-titanium-rare earths mineralised margin zone is reported to be poorly exposed and under-explored.Chief executive officer Jeremy Bower said the latest in-situ results, together with the ovoid feature, provide a “fundamental change” to Wabli Creek’s prospectivity.“We did not know whether the hard rock source material would hold similar concentrations as earlier surface eluvium samples, however the results have been extremely promising.”“The recent identification of the late-stage intrusive adds weight to the theory that we may have more high-grade material to discover.”Initial geochemistry indicated that the intrusive had an alkali signature and was on the same continuum as a carbonatite.“Further work has been planned to investigate whether we have a carbonatite source in addition to these rare earth pegmatites,” Mr Bower said.“We have engaged Southern Geoscience to interpret detailed geophysical data covering the project area, designed to pinpoint more pegmatites beneath the cover.”The Wabli Creek project comprises the Wabli Creek and Wabli Creek North targets.Mr Bower confirmed that samples for the latest rock chip program were taken only from the Wabli Creek tenements.He added that the company would return to the site for additional sampling once heritage discussions with local native title holders had progressed.
Hot News
/
Related to recommend
2024
-
12
-
20
Click on the number of times:
0
source: University of LiverpoolThe University of Liverpool has reported a significant advancement in engineering biology and clean energy. A team of researchers has developed an innovative light-drive...
2024
-
12
-
19
Click on the number of times:
0
source:SMALL CAPSAxel REE (ASX: AXL) has identified significant gallium mineralisation following a review of auger and diamond drill samples collected from the ongoing Phase One campaign at its flagsh...
2024
-
12
-
18
Click on the number of times:
2
source:Helmholtz Association of German Research CentresAnodes for the electrolytic splitting of water are usually iridium-based materials. In order to increase the stability of the iridium catalyst, a...
2024
-
12
-
17
Click on the number of times:
1
source:University of CaliforniaScientists at the University of California, Irvine have uncovered the atomic-scale mechanics that enhance superconductivity in an iron-based material, a finding publishe...