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We get a mention in todays Australian business section - article...

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    We get a mention in todays Australian business section - article is titled -

    Here’s why ASX explorers are flocking to South Australia in search of REEs


    Extract as follows

    The exploration game is changing Carmen Krapf, a principal geologist at the Geological Survey of South Australia, says another factor adding to the large endowment of the state is the preservation of thick, ancient weathering profiles over time. These contain accumulations of rare earths.“You can’t find these ancient weathering profiles in places like Canada because the glacial periods in the last 200,000 years stripped and eroded them away,” she says.“Additionally, companies are changing the way they explore; for example, when they take rock samples, they are now analysing for a larger geochemical suite to find out more about the different elements that might be there.“Now that these minerals have become critical and economically viable, explorers are looking for them and finding that we have a lot more occurrences than we originally thought 10 or 15 years ago.“Our database, SARIG, helps companies find the information they need whether it be drill hole data, or geophysical imagery, to re-explore existing and known deposits, and target them for critical minerals.“By doing so, they are finding new deposits, so it is a bit like recycling old knowledge and data to find new information … it is a really exciting time.”For explorers such as Taiton Resources (ASX:T88), based in a barely touched-on part of SA’s Gawler Craton, zircon geochronological work conducted by the company at its Highway project has identified a shallow hydrothemeral system, which appears indicative of hydrothermal mixing of fluids concentrated in lead, uranium and REEs.While results from a recent induced polarisation (IP) geophysical survey have reinforced Taiton’s target modelling that it is on to a climax-type molybdenum porphyry system, the company believes there is also great potential for the discovery of rare earth mineralisation – especially considering neighbour Indiana Resources (ASX:IDA), which abuts Taiton’s tenements, has recently extended its REE target zone at the Minos prospect within the Central Gawler Craton Exploration Project (CGCP).“We know a historical drill hole had gone through very shallow basement at our project and picked up rare earths so, while we are about to kick off a 20 to 30 drilling hole program to test our molybdenum story, we will also be drilling through the same soils that could potentially host rare earths,” Taiton managing director Noel Ong explains.“I think the fact that no one has done much work there in the Gawler Craton for the past two decades is perfect messaging for finding critical mineral opportunities.“These drilling results could potentially open the door to a new frontier.”
 
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