Why do we think Laverton will be a duster? No punt im curious though based on Nov drills below results had initially been provided
Mt Monger Resources (ASX:MTM), is pulsating through Thursday, adding 45% before lunch and still hot at +20% after ripping into some rare earth element (REE) mineralisation at the Pt Kidman prospect near Laverton, WA.The Mongers have hit some juicy drilling intercepts that look just like this:22ELAC048 – 8m @ 1,467ppm TREO, from 22m & 5m @ 1,427ppm TREO, from 31m22ELAC043 – 6m @ 1,880ppm TREO, from 12m22ELAC023 – 3m @ 1,577ppm TREO, from 23m & 2m @ 1,191ppm TREO from 33m22ELAC003 – 2m @ 1,806ppm TREO, from 27m22ELAC046 – 1m @ 2,107ppm TREO, from 16mThe high value Nd+Pr oxides represent an average of 19% of TREO grade, the high value magnet rare earth oxides represent an average 24% of TREO grade. Additionally, critical rare earth oxides (CREO) average 23% of TREO, and the heavy rare earth oxides represent an average of 12% of TREO grade.CAQ Holdings (ASX:CAQ). Not the biggest fish in the pond. But I always like to see this shape.
MTM Price at posting:
16.5¢ Sentiment: Hold Disclosure: Held
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