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Northern Minerals Ltd.
Summary
| Project: | Browns Range | |
|---|---|---|
| Deposit: | Dazzler | |
| Location: | Australia | |
| Commodities: | Rare Earth | |
| Date: | 4/7/2020 | |
| Report Code: | JORC | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 7-4-2020: Northern Minerals Ltd. announces a Resource Estimation report for its Dazzler deposit at the Browns Range project. Updated Mineral Resource Estimate for Dazzler Deposit. Australian heavy rare earths producer, Northern Minerals (ASX: NTU; the Com | |
| Resources: | (Resources, Inf.): 0.21Mt @ 2.33% TREO at Dazzler | |
| CP/QP: | [Resources]: Bill Rayson (Total Earth Science Pty Ltd.) | |
| ABSTRACT: | Australian heavy rare earths producer, Northern Minerals (ASX: NTU; the Company) is pleased to announce an upgrade to the Mineral Resource estimate for the Dazzler deposit at the Browns Range Heavy Rare Earth Project (the Project) in northern Western Australia. The updated Inferred Mineral Resource for the Dazzler deposit has been estimated at 214,000 tonnes at 2.33% TREO comprising 5,000,000 kg TREO using a cut-off grade of 0.15% TREO. This represents a more than 50% increase in contained TREO from the maiden Mineral Resource Estimate reported on 6 March 2019 (see ASX announcement “Dazzler shines with High-Grade Maiden Mineral Resource”). The Dazzler deposit is located less than 15km from the Browns Range Pilot Plant on the edge of a small scarp slope. The prospect was first drilled in 2013 with only patchy mineralisation intersected within the Browns Range Metamorphics. In 2018, follow-up drilling intersected extremely encouraging mineralisation within the Gardiner Sandstone (which had previously been considered non-prospective). Subsequent drilling led to a maiden Mineral Resource estimate in early 2019. | |
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