ADN 0.00% 0.8¢ andromeda metals limited

Ann: Maiden Tiger Kaolin Resource & Rare Earth Element Potential, page-14

  1. 11 Posts.
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    This is a significant announcement IMO. I believe that ASX listed Australian Rare Earths "AR3" primary objective is to look for these ion adsorption clay deposits. From their website . "We have achieved significant exploration success with the discovery of clay-hosted rare earth elements within Australia that to date have only been produced from sources in China and Myanmar. While there are similar projects being evaluated in Africa and South America; in Australia we are fortunate to have access first-hand access to CSIRO and ANSTO who are recognised world leaders in the development of the technologies for the re earth projects." Whilst the MC of AR3 has a relatively modest MC, their SP floats around $0.70. We have found a indications of a deposit of this material in addition to all our core business - possibly significant. And to narrow our focus it is stated in this announcement that "our main focus is the great white deposit and release of our DFS..."
 
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