Significant Resource Expansion at Koppamurra
Summary
Highlights
Resource up, grade up: Mineral Resource estimate increases 27% to 236 million tonnes (Mt) at 748 ppm TREO as compared to 186 million tonnes at 712 ppm TREO previously
Higher-Grade Tonnes Increased: Mineral Resource now includes 68 million tonnes grading over 1000 ppm TREO, representing a 70% increase on the previous Mineral Resource estimate, highlighting the potential for an initial higher-grade project development plan
Higher-Grade Subsets Identified: Infill drilling has defined thicker, NW-trending areas of continuous higher-grade mineralisation within the resource
Geographic extension: Successful program to define Mineral Resources across the broader tenure added 25 million tonnes to the Northern area
Growth Potential: Compelling scope for ongoing Mineral Resource growth with mineraliation open to the north and south and the current 236 Mt Mineral Resource covers only ~2% of total Koppamurra tenure
Your question will be sent privately to Australian Rare Earths. The company may choose to make this question public.
Start the conversation
Ask Australian Rare Earths a question about this announcement.
Share your feedback
Discover