important highlights, page-10

hi all,


from ARU website, this is a list comparing the rare earth projects worldwide.

aiyunebo, China
1,460Mt @
3.9% REO
REO a by product of iron ore separation
~25-50%

DZP, Australia
73.2Mt @
0.75% REO
Zirconia
Niobium
Tantalum
Unknown

Nechalacho, Canada
69Mt @
1.95% REO
None
Unknown

Nolans Bore, Australia
30.3Mt @
2.8% REO
Phosphoric Acid
Uranium
Gypsum
81%

Mountain Pass, USA
20Mt @
9.2% REO
None
50-60%

Mianning, China
17Mt @
3% REO
None
50%

Mt Weld, Australia
12.2Mt @
9.7% REO
None
59%

Dong Pao, Vietnam
11Mt @
6.9% REO
None
Unknown

Bear Lodge, USA
9.8Mt @
4.07% REO
None
Unknown

Hoidas Lake, Canada
2.56Mt @
2.43% REO
Phosphate
Unknown


one of the projects being alkane resource's Dubbo Zirconia project. it's 73.2MT @0.75% REO. i was wondering to myself, that's some low grade there is e figures correct and if it is commercially viable with those grades. i checked Alkane's website and got similar figures, grades at 0.745% total REO and they are already operating.

yes they may seem to have a big tonnage, but after working out it amounts to round about 550,000t contained metal. now compare it with Nolan's 848,000t contained metal (30.3MT @ 2.8% total REO)

we have been receiving results from Mark and coy and the least figure i saw was at 1.04%. I have asked Mark about what he thinks about the grade at Ngualla and his reply was, he believes that the grades at the moment at Ngualla are similar to that at Nolans but with a much bigger resource footprint. Nolans about 1x1km, whereas Ngualla is about 2.5x1.5km.

it was already mentioned succinctly in the latest update that Ngualla has the potential to significantly increase overall dimensions in terms of grades and size of this project.