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: 8

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
  • 2022 - 12 - 07
    Click on the number of times: 0
    source:interestingengineeringFor the first time, Japanese scientists have found evidence that rare earth elements are indeed made when two neutron stars merge. The Astrophysical Journal just published...
  • 2022 - 12 - 07
    Click on the number of times: 0
    Inexpensive Catalysts and Syzygy Plasmonics Photoreactors Open the Door for Broader Hydrogen Adoption source:prnewswireHOUSTON, Dec. 6, 2022 /PRNewswire/ -- Scientists from Syzygy Plasmonics have...
  • 2022 - 12 - 05
    Click on the number of times: 1
    A Scalable Quantum Memory with a Lifetime over 2 Seconds and Integrated Error Detection source:hpcwireQuantum memory devices can store data as quantum states instead of binary states, as classica...
  • 2022 - 12 - 02
    Click on the number of times: 1
    source:pv-magazineLSCs are commonly used as photonic devices in the production of fine chemicals in photomicroreactors, in dynamic “smart” windows to control light entering spaces, and for distributio...
  • 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