They might well achieve immediate sales from the phosphate and...

They might well achieve immediate sales from the phosphate and the fluorspar if they chose to, this is well worth their further early attention.

"Managing Director Mr Darren Townsend said;
“These latest results confirm a significant fluorspar discovery at Ngualla.
We will fast track the assessment of this new opportunity that, if economic
viability studies prove encouraging, may have the potential to be developed rapidly in advance of
the rare earth project at Ngualla."

"Shallow soil cover masks rock outcrop on the flanks of the hill on which the discovery outcrops are located.
Possible extensions to the fluorspar remain untested to the east and west.."


"The upside potential for fluorspar is significant as a result of the open areas of mineralisation as yet untested and the
shallow soil cover that masks much of the target breccia zone regionally.
Additional zones of fluorspar mineralisation occur within the 3.8km long breccia zone (Figure 1) and will be tested by
additional trenching and sampling as part of the current program.
The Company will continue with further evaluation of the fluorspar mineralisation through additional field programs
including:
• further trenching and sampling
• geological mapping and reconnaissance of the several kilometres of the fenite alteration zone as yet unevaluated
• initial diamond core drilling of high priority areas
• discussions with potential offtake customers in Tanzania, including for a direct trucking grade fluorspar from the
high grade zones
• metallurgical testing of typical mineralisation to evaluate the processing required to produce a high purity product
for export
• initial desktop scoping studies
The above programs can be completed relatively quickly and at moderate cost as the processes and evaluation of
fluorspar are conventional and well known