For thousands of other reports visit RSC's Mineral Intellingence Map
Hastings Technology Metals Ltd.
Summary
| Project: | Yangibana | |
|---|---|---|
| Deposit: | Yangibana | |
| Location: | Australia | |
| Commodities: | Rare Earth | |
| Date: | 2/2/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 2-2-2017: Hastings Technology Metals Ltd. announces an Exploration/Drilling Update report for its Yangibana deposit at the Yangibana project. Drilling results incl. 23m @ 0.77% Nd2O3+Pr2O3 within 1.87% TREO from 79m. The Directors of Hastings Technology M | |
| Resources: | (Resource, Total): 13.41Mt @ 1.18% TREO at project total | |
| CP/QP: | [Overall Report]: Andy Border (Internal) | |
| ABSTRACT: | The Directors of Hastings Technology Metals Limited are pleased to announce that assay results received after the completion of the resource estimate reported on 17 January 2017 have identified a significant new target at the Bald Hill deposit. Assay results from three holes drilled outside of the western limits of the current resources at Bald Hill have been received since the recent resource estimation. The intersection in hole BHW04 remains open at depth and provides the highest accumulation*, at 17.7m%(Nd2O3+Pr2O3) (43m%TREO), returned from all drilling at the Yangibana Project since commencement of exploration. Mineralogy on samples from the mineralised intersection in BHW04 established that the rare earths are associated with monazite, with minor bastnaesite. With its high (Nd2O3+Pr2O3):TREO ratio of 41%, this mineralisation is expected to have similar processing characteristics to the Eastern Belt-style mineralisation. Petrology has identified the host units as being quartz-poor syenite, quartzpoor monzonite and ferrocarbonatite. This intersection lies to the west of what was considered to be the western limit to the Bald Hill South mineralisation in this area as shown in Figure 1. It establishes a new major target with potential to host the higher value Eastern Belt-style mineralisation to depth and along strike to the northwest and southeast. | |
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