For thousands of other reports visit RSC's Mineral Intellingence Map
Arafura Resources Ltd.
Summary
| Project: | Nolans | |
|---|---|---|
| Deposit: | Nolans Bore | |
| Location: | Australia | |
| Commodities: | Rare Earth | |
| Date: | 6/7/2017 | |
| Report Code: | JORC | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing Feasibility Study | |
| Report details: | 7-6-2017: Arafura Resources Ltd. announces a Resource Estimation report for its Nolans Bore deposit at the Nolans project. Resource estimate confirming consistent nature of Nd-Pr distribution across deposit. Arafura Resources Limited (ASX: ARU) (“Arafura | |
| Resources: | (Resource, Total): 56Mt @ 2.6% TREO at deposit for a cut-off grade of 1% TREO | |
| CP/QP: | [Resources]: Kelvin Hussey (Internal) | |
| ABSTRACT: | Arafura Resources Limited (ASX: ARU) (“Arafura” or the “Company”) is pleased to announce the completion of a detailed program of geological and geochemical analysis to be utilised for the next phase of mine planning activities for the Definitive Feasibility Study. The study was commenced to provide greater confidence for the Mine Plan that will incorporate selective mining, and ore loss and dilution studies, to allow the development of optimized pit shells, strategic production schedules and material blending strategies. Additionally, the review confirmed a substantial inventory of phosphate-rich material types at Arafura’s 100%-owned Nolans Bore neodymium-praseodymium (“NdPr”) deposit in the Northern Territory. This work follows the successful completion of the beneficiation pilot plant earlier this year which demonstrated elevated recoveries of all Rare Earths including NdPr from phosphate-rich material types. Arafura’s Managing Director, Gavin Lockyer said, “The results of this work are extremely pleasing and confirm that this is a world class NdPr deposit. Combined with our ongoing successful pilot results, and forecast supply shortages of NdPr for the Electric and Hybrid vehicle market, Arafura continues to prove that it represents a significant and viable source of these scarce and critical materials in the near term.” | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report