Do you have access to the 2012 JORC and the total resource...

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ThorsHammer33

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18/01/23

21:55

Post #: 65761694
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Originally posted by Sally_Will: ↑

Diamond drilling program overview and results.

Assay results from a further 22 diamond drillholes drilled during September and October 2022 have now been received. 11 of these drillholes were located inside the previously identified REE mineralisation envelope, with the remaining 11 drillholes located outside the previously identified mineralisation.

In a major development, 19 of the 22 drillholes reported anomalous REE/RM mineralisation including all drillholes within the previously identified envelope. Also,several holesintersected high levels of neodymium (Nd) and praseodymium (Pr), often with associated highest levels terbium (Tb) and dysprosium (Dy), all of which are highly sought and valuable REEs in the permanent magnet market. Total Rare Earth Oxide (“TREO” values for all sample intervals have been calculated from assay results by summing the Rare Earth Elements cerium (Ce), dysprosium (Dy), erbium (Er), europium (Eu), gadolinium (Gd), holmium (Ho), lanthanum (La), lutetium (Lu), neodymium (Nd), praseodymium (Pr), samarium (Sm), terbium (Tb), thulium (Tm), yttrium (Y) and ytterbium (Yb). As per industry practice, oxide conversion factors have been applied to all results reported.

It should be noted that of significance - drill hole - GBNDD 022 which is one of 3 holes drilled in the north of the project area and which pleasingly reported anomalous intersections of REE, Significantly, GNBDD022 is a new discovery with up to 7,956ppm TREO, including 1m at 1,090ppm Nd, 240ppm Pr from 61m and indicates potentially high‐grade mineralisation is open to the north.

For those that like to make comparisons, one can easily draw conclusions by looking at Australian Rare Earths Limited -ASX AR3 and look at its results and grades and also compare Market Caps between it, $45 million and GRL' s Market Cap of just $10 million.

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Do you have access to the 2012 JORC and the total resource estimate at that time?

GRL Price at posting: 10.0¢ Sentiment: None Disclosure: Held
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0 Great analysis

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