LYC 1.30% $7.61 lynas rare earths limited

Ann: Mt Weld Drilling Confirms Continuous REE Mineralisation, page-13

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  1. 503 Posts.
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    This does not include the other deposits; Duncan, Swan, Crown & Emu.

    7.6% is one stratum, 20+% in another. Those are far larger than the current 5.2% avg concentration.

    The concentrations seem to go down the deeper into the test hole they get, but additional test holes will better determine the actual concentrations of RE's. Nice to hear there are some HRE's in there as well. Is this why LYC is building the HRE plant in Texas?
 
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