News News
Contact us
  • Customer service number:64321087
  • Commercial service telephone:13918059423
  • Technical service telephone:13918059423
  • Contact person: Mr. Cui 
  • Service email:shxtb@163.com
  • Address: room 107, building 8, no. 100, guilin road, xuhui district, Shanghai

Additional drill results at Namibia Critical Metals’ project confirm multiple dysprosium zones

The date of: 2021-01-07
viewed: 9

source:Creamer Media’s Mining Weekly

Additional drill results from TSX-V-listed Namibia Critical Metals’ Area 2B satellite deposit on the Lofdal heavy rare earth project, in northern Namibia, confirm multiple dysprosium zones to 190 vertical meters.

“Continuing positive drill results from Area 2B are confirming the importance of this satellite deposit to add additional heavy rare earth mineral resources to the project,” says president Don Burton.

He adds that prices for dysprosium and terbium oxides continue to strengthen, with dysprosium approaching $300/kg and terbium surpassing $1 100/kg.

Meanwhile, all Term 1 drilling has been completed and the company is expecting results from the remaining 42 holes in Area 2B and Area 4.

Further, following receipt of a ‘notice of preparedness’ to grant the application for a mining licence for Lofdal from the Ministry of Mines and Energy, which is a very significant milestone, the company has lodged its acceptance of the mining licence and awaits finalisation of the process from the ministry.



Hot News / Related to recommend
  • 2023 - 01 - 19
    Click on the number of times: 1
    Deep seabed mining plans pit renewable energy demand against ocean life in a largely unexplored frontier source:themandarinAs companies race to expand renewable energy and the batteries to store ...
  • 2023 - 01 - 18
    Click on the number of times: 2
    source:natureHafnium isn’t a particularly remarkable element. It’s not your explosive sodium, shimmering mercury or stinky sulfur. It’s a greyish metal and is commonly used as a neutron absorber in th...
  • 2023 - 01 - 17
    Click on the number of times: 1
    source:mydrollIt’s “lights out” for antibiotic-resistant superbugs as next-generation light-activated nanotech proves it can eradicate some of the most notorious and potentially deadly bacteria in the...
  • 2023 - 01 - 16
    Click on the number of times: 1
    source:lva.lenovoBasalt is a type of volcanic rock that is formed when lava with a high content of mafic minerals (such as pyroxene and olivine) cools and solidifies. Basalt lava eruptions occur when ...
  • Copyright ©Copyright 2018 2020 Shanghai rare earth association All Rights Reserved Shanghai ICP NO.2020034223
    the host:Shanghai Association of Rare Earth the guide:Shanghai Development and Application Office of Rare Earth the organizer:Shanghai rare earth industry promotion center
    犀牛云提供云计算服务