It’s all a process. If you look at Victory Metals clay project close by, there’s good similarities .
Both originate from alkaline intrusions ( not granites),
Both have secondary REE phosphates suggesting similar weathering and groundwater conditions.
In VTM first pass met work results ,REE recovery was 58% &X2 the grade from 28% of mass (CRI X8.5 the grade from 5% for 51% recoveries).
Victory then managed to produce a high quality MREC.
And 3rd stage met work had total recoveries of LREE at 97% and HREE at 87%
So I’m expecting a similar pathway to similar recoveries.
https://clients3.weblink.com.au/pdf/VTM/02683933.pdf
Ann: Investor Presentation - Sydney Resources Roundup May 2025, page-5
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