Miramar Resources Identifies Lang Well REE Targets

THE DRILL SERGEANT: Miramar Resources (ASX: M2R) joined the ranks of the ‘me too’ rare earth element (REE) hopefuls with the identification of multiple large REE targets at the company’s 100 per cent-owned Lang Well project in the Murchison region of Western Australia.

Miramar Resources had previously identified pegmatite occurrences across the project that had not been previously analysed for lithium or REE.

Rock chip samples were taken and analysed in the northern part of the project, from which Miramar identified the potential for multiple additional outcropping and/or buried pegmatites and/or for shallow clay-hosted REE mineralisation.

“Our limited previous rock chip sampling focussed on the areas of historically recorded outcropping pegmatites in the north of the project,” Miramar Resources executive chairman Allan Kelly said in the company’s ASX announcement.

“The regional radiometric data suggests the potential presence of multiple rare-element pegmatites which are commonly found in gneissic terrains, such as Lang Well, whilst the historic aircore result and the auger REE anomalism is suggestive of shallow clay-hosted REE mineralisation.

“We will shortly complete a systematic geochemical sampling campaign focussing on the areas with overlapping radiometric anomalies and REE anomalism in the south-eastern part of the project, including in the areas covered by the new application.”

 

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Web: www.miramarresources.com.au