Northern Minerals continues HREO success

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THE DRILL SERGEANT: Northern Minerals continues to achieve Heavy Rare Earth Element (HREE) exploration success at its Browns Range project in northern Western Australia.

The company has said the latest assay results it has received from the project have confirmed its “best yet” intersections of Heavy Rare Earth Oxides (HREO).

The latest assays include some encouraging results from the Wolverine prospect, with high grades of Total Rare Earth Oxide (TREO) intersected over significant widths.

Northern Minerals said this had given it added confidence in the Wolverine prospect, which it said is now shaping up to be a significant HREE project.

The assays are the latest to come back from a 12,000 metre Reverse Circulation drilling program the company carried out across Browns Range during the past three months.

This program has identified high-grade mineralisation at all four prospects tested, including Wolverine, Gambit, Area 5 and Area 5 North.

Best intersections from the latest assay results include:

At Wolverine

–    33 metres at 1.53 per cent TREO (1,470 parts per million dysprosium oxide) from 54 metres;

–    11m at 1.89 per cent TREO (1,806ppm dysprosium oxide) from 50m;

–    8m at 1.88 per cent TREO (1,620ppm dysprosium oxide) from 55m;

–    15m at 1.37 per cent TREO (1,307ppm dysprosium oxide) from 87m;

–    5m at 2.78 per cent TREO (2,561ppm dysprosium oxide) from 17m; and

–    7m at 1.04 per cent TREO (714ppm dysprosium oxide) from 25m.

At Gambit

–    10m at 1.08 per cent TREO (1,011ppm dysprosium oxide) from 0m;

–    8m at 1.4 per cent TREO (1,308ppm dysprosium oxide) from 41m;

–    6m at 1.07 per cent TREO (1,002ppm dysprosium oxide) from 58m; and

–    2m at 4.16 per cent TREO (4,145ppm dysprosium oxide) from 109m.

The company is confident the grades and widths of the latest results confirm Wolverine as a significant new HREE discovery.

“These results include some exceptional intersections – the best we have received yet – and they continue to build a compelling picture for the Browns Range project,” Northern Minerals managing director George Bauk said in the company’s announcement to the Australian Securities Exchange.

“The widths and depths of these intersections suggest a significant mineralised zone at Wolverine.

“What is also encouraging is that some of the most recent holes have ended in mineralisation, and so we are planning some deeper drilling as part of the next phase of our program to really test the extent of this project.”

Northern Minerals expects to receive further assay results from the RC program next month.

The company is also planning a follow up diamond drilling campaign to further test geological structures and define mineralisation.