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Hastings Technology Metals Ltd.
Summary
| Project: | Yangibana | |
|---|---|---|
| Deposit: | Yangibana North | |
| Location: | Australia | |
| Commodities: | Rare Earth | |
| Date: | 6/21/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 21-6-2017: Hastings Technology Metals Ltd. announces an Exploration/Drilling Update report for its Yangibana North deposit at the Yangibana project. Drilling results incl. 6m @ 3.86% TREO including 0.91% Nd2O3+Pr2O3 from 60m. Hastings Technology Metals Lt | |
| Resources: | (Resource, Total): 2.48Mt @ 1.57% TREO contained at Yangibana North | |
| CP/QP: | [Overall Report]: Andy Border (Internal) | |
| ABSTRACT: | Hastings Technology Metals Ltd (ASX:HAS) is pleased to announce that some exceptional high grade assay results have been received from the Company’s 2017 drilling programme at Yangibana North. These results are from holes drilled into the southern, deeper extension to the current Indicated Resources and show potential for increasing both the tonnes and average grade of the resources at this deposit. Holes YGRC77-84 tested the potential southern extension of mineralisation towards the eastern end of the Yangibana North Resources. Results are in line with adjacent, previously drilled holes and it is likely that the next pit optimisation, to be completed in the near future as part of the Company’s ongoing Definitive Feasibility Study, will extend the pit over this area. Holes YGRC85-91 tested the western portion of the Yangibana North Resources where the mineralisation is relatively shallow and flat-lying. The high grades returned in three of the recent holes, including Nd2O3+Pr6O11 grades exceeding 1.0% in two holes, are very encouraging and will enhance the next JORC resource estimation and subsequent pit optimisation. TREO is the sum of the oxides of the light rare earth elements lanthanum (La), cerium (Ce), praseodymium (Pr), neodymium (Nd), and samarium (Sm) and the heavy rare earth elements 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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