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Hastings Technology Metals Ltd.
Summary
| Project: | Yangibana | |
|---|---|---|
| Deposit: | Frasers | |
| Location: | Australia | |
| Commodities: | Rare Earth | |
| Date: | 10/6/2016 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 6-10-2016: Hastings Technology Metals Ltd. announces an Exploration/Drilling Update report for its Frasers deposit at the Yangibana project. Drilling results incl. 8m @ 4.67% TREO from 85m at Frasers. The Board of Hastings Technology Metals Limited | |
| Resources: | (Resource, I+I): 12.36Mt @ 1.10% TREO at Yangibana | |
| CP/QP: | [Overall Report]: Andy Border (Internal) | |
| ABSTRACT: | The Board of Hastings Technology Metals Limited [ASX:HAS] (Hastings or the Company) is pleased to announce that infill drilling at Fraser’s deposit within the Yangibana Project has now been completed and all assays received. Results continue to support the current interpretation of the mineralisation with several encouraging intersections returned from the main outcropping portion of the deposit. Extension drilling to the northeast intersected variable mineralisation. Drilling is continuing in the Fraser’s SouthWest area with assays expected in the coming weeks. The rig is currently testing the Auer North prospect where earlier rock chip sampling returned encouraging results.Assay results have now been received from all holes drilled in the infill drilling programme at the Fraser’s deposit within the Company’s Yangibana Project (Figure 1). Best intersections returned since those reported in the ASX announcement of 16th September 2016 are shown in Table 1. Figures 2 and 3 provides cross‐sections (positions of section shown in Figure 1) of the mineralisation in the main outcropping portion of the deposit. Both sections show the mineralisation to be strongly open at depth. TREO is the sum of the oxides of the rare earth elements lanthanum (La), cerium (Ce), praseodymium (Pr), neodymium (Nd), and samarium (Sm), europium (Eu), gadolinium (Gd), terbium (Tb), dysprosium (Dy), holmium (Ho), erbium (Er), thulium (Tm), ytterbium (Yb), lutetium (Lu), and yttrium (Y). | |
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