Australian heavy rare earths producer, Northern Minerals Limited (ASX: NTU) has confirmed two new high grade discoveries near Browns Range, following recipt of assays including 18m at 9.10% TREO, 21m at 2.15% TREO and 11m at 4.83% TREO. Follow up drilling at Dazzler and Iceman is planned in the December quarter.
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Assay results from RC drilling of Dazzler and Iceman prospects have returned high grade results
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Results include
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18m at 9.10% TREO (8,627ppm Dy2O3),
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21m at 2.15% TREO and
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11m at 4.83% TREO
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Grades are significant, given existing Mineral Resource average grade of 0.63% TREO
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Assay grades show excellent correlation against previously announced preliminary pXRF results
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· Follow up drilling planned for later in the year
Australian heavy rare earths producer Northern Minerals Limited (ASX: NTU) (the Company) is pleased to announce that assays from Reverse Circulation (RC) drilling at the Iceman and Dazzler prospects have confirmed both as exciting new high-grade Heavy Rare Earth discoveries.
The assay results follow an earlier announcement (see ASX announcement “Preliminary drilling results at Dazzler and Iceman highlight extensive new exploration target” dated 2nd August 2018) whereby the Company reported preliminary results using portable XRF (pXRF) measurements of yttrium.
These two prospects are located less than 15km from the Browns Range processing plant (see Figure 1 below).