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Hastings Technology Metals Ltd.
Summary
| Project: | Yangibana | |
|---|---|---|
| Deposit: | Yangibana | |
| Location: | Australia | |
| Commodities: | Rare Earth | |
| Date: | 11/22/2017 | |
| Report Code: | JORC | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 22-11-2017: Hastings Technology Metals Ltd. announces a Resource Estimation report for its Yangibana deposit at the Yangibana project. Updated Resource now include Auer and Auer North deposits. Hastings Technology Metals Limited (ASX:HAS) advises that the | |
| Resources: | (Resource, Total): 21Mt @ 1.17% TREO contained at Yangibana | |
| CP/QP: | [Resources]: Lynn Widenbar (Widenbar and Associates Pty Ltd.) | |
| ABSTRACT: | Hastings Technology Metals Limited (ASX:HAS) advises that the final JORC Resource Estimate for 2017 has been completed establishing total resources of 21.0 million tonnes at 1.17% Total Rare Earths Oxides (TREO) including 0.4% neodymium oxide plus praseodymium oxide (Nd2O3+Pr6O11). These figures include the first Indicated Resources at Auer and expanded Indicated Resources at Auer North from the final drilling results of the 2017 drilling programme. Following the completion of the 2017 exploration drilling programme at the Yangibana Project, an updated JORC Resource estimate has been assessed by independent consultants Widenbar and Associates Pty Limited that provides a marginal increase to the resources reported in the ASX release dated 12th October 2017. The updated resource estimate incorporates results from recent drilling at the Auer and Auer North deposits as detailed below. Incorporating these results, independent consultant Widenbar and Associates Pty Limited has estimated JORC Resources at Auer and Auer North as shown in Tables 5 and 6 respectively, rounded to the nearest 100 tonnes. As reported in the ASX announcement of 9th October 2017, highly anomalous niobium assay results have been received from drilling at the Simon’s Find prospect. Recent diamond drill results include the exceptional interval in SFDD002 from 27.55-33.0m of 5.45m at 5.30%Nb2O5. The information in this announcement that relates to Resources is based on information compiled by Lynn Widenbar. Mr Widenbar is a consultant to the Company and a member of the Australasian Institute of Mining and Metallurgy. The information in this announcement that relates to Exploration Results is based on information compiled by Andy Border, an employee of the Company and a member of the Australasian Institute of Mining and Metallurgy. | |
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