Ann: High Grade Phosphate & REE Assays at Shawa Carbonatite, page-3

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    These assay results from the Shawa Carbonatite project in Zimbabwe indicate a significant presence of both phosphate (P2O5) and total rare earth oxides (TREO), which could make the site valuable for mining.

    High P2O5 Levels:

    Outcrop/Subcrop Samples: The high-grade P2O5 results in outcrop/subcrop samples, with values reaching up to 17.24%, are notably promising. Phosphate grades above 10% are considered attractive in the industry, so having 21 samples over 3% P2O5 is a positive indicator of economic potential.
    Soil Samples: Soil samples with up to 8.04% P2O5 and a substantial number (96) above 1% also suggest a broadly distributed phosphate presence in the area, which could be viable for commercial extraction.
    Total Rare Earth Oxides (TREO):

    The TREO results, especially with concentrations up to 2,522 ppm in outcrop/subcrop samples and 1,103 ppm in soils, signal the presence of valuable rare earth elements (REEs). For context, REE concentrations over 1,000 ppm are generally seen as economically attractive, given the demand for REEs in high-tech industries (e.g., electronics, renewable energy).
    Implications:

    This combination of high P2O5 and significant REE grades is advantageous, as it could support both fertilizer production (from phosphates) and REE extraction, which would benefit from rising demand.
    The results may make the Shawa Carbonatite site appealing to investors or partners looking to secure sources of critical minerals. Further exploration and economic assessment would be needed to determine the full commercial viability.
    Just a breakdown of announcement courtesy chatgpt.
 
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