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Highlights
Gascoyne Reconnaissance Identifies REE Mineralisation (18 October 2022)
Anomalous values of up to 0.31% REE (Y+La+Ce+Pr+Nd Only) at the Company’s Skyline project and 0.11% REE (Y+La+Ce+Pr+Nd Only) at Wabli Creek (Critical Elements project) from pXRF readings
Anomalous copper of up to 0.5% and arsenic of up to 0.2%, from the Skyline project
Rare Earth Tenement Applications
Acquisition of four prospective rare earth element exploration licences in the Gascoyne Province of Western Australia (Project)
Anomalous Rare Earth Elements Identified in Carbonatites (7 November 2022) Critical Elements Project
Significant REE recorded up to 0.68% REE within pXRF results over an area of 200m x 500m at the Critical Elements Project (Wabli Creek), remaining open along strike to the north and south
Skyline Project
Carbonatites and associated Ironstone discovered within three target areas at the Skyline Project, returning anomalous results up to 0.11% REE* within pXRF results
Anomalous manganese up to 4.3% from the Skyline project identifying another battery metal target for the Company
Outstanding High-Grade Niobium, Yttrium & Dysprosium Assays
High-grade assays of 6.78% Niobium oxide and 3.71% Tantalum oxide, returned from within the Company’s wholly owned Critical Elements Project;
These results back up the previously reported assay results from rock-chip samples of 32% Niobium oxide and 12.4% Tantalum oxide
Assay results confirm Niobium rich target zone with a potential Total Rare Earth Oxides (TREO) strike length of up to 1.5km
Assays further highlight the discovery of high grade critical heavy rare earth oxides (HREO) which include:
o 7226 ppm Yttrium oxide
o 3430 ppm Dysprosium oxide
o 4880 ppm Ytterbium oxide o 2760 ppm Erbium oxide o 450 ppm Terbium oxide
Significantly, all three of the Company’s granted tenements have returned highly anomalous TREO results >500ppm to a maximum of 25,652 ppm or 2.57% TREO
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