PVW Resources Highlights New Tanami Rare Earth Potential
THE DRILL SERGEANT: PVW Resources (ASX: PVW) has news for rare earths focused delegates attending the RIU Explorers Conference next week from the company’s 100 per cent-owned Tanami heavy rare earth and gold project in Western Australia.
PVW Resources declared it has identified multiple new REE anomalies from air-core drilling completed in 2022 that it believes has opened up exciting new opportunities for follow-up exploration in 2023.
Results from the extensive regional air-core program have identified new high-priority exploration targets and confirmed the prospectivity of the project.
Other activity included a detailed ground gravity survey at the Watts Rise and Castella targets with both revealing additional detail to the sub-surface the company believes will complement drilling and magnetics.
“These new air-core results are very exciting and mark a significant development in our exploration of the Tanami project,” PVW Resources executive director George Bauk said in the company’s ASX announcement.
“They have outlined a number of new priority targets, taken from conceptual targets to highly anomalous TREO results ready for follow-up, substantially enhancing our exploration pipeline in the Tanami.
“Since field work was completed in November 2022, the company’s exploration geologists have continued to improve their understanding of REE mineralisation in the Tanami.
“Recognising the need to find ore zones, the 2022 exploration effort has provided PVW with a pipeline of prospects and targets that were previously unknown.
“We are now ideally positioned to prioritise and test these new targets in 2023.”
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