Ann: Successful Yin Extensional Drilling Results - Mangaroon, page-40

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MinerBrad

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13/03/23

11:30

Post #: 66731596
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Originally posted by copperroad: ↑

• The mineralisation at the Yin Ironstone Complex contains significantly higher NdPr as a total of the rare
earth oxides (“NdPr:TREO“ ratio) than other REE deposits globally, over 50% higher than the global
average.
• Partially completed first pass wide spaced drilling over the C1-C7 carbonatites has identified significant
critical metal potential with REE, P2O5, Nb2O5, TiO2, and Sc within the C1-C5 carbonatites.
• A ~600m x 550m zone of REE-P2O5-Nb2O5-TiO2-Sc mineralisation now confirmed at the C3 discovery.

In addition,
~2.1km of that strike was drilled to a depth of ~150m with 9 RC holes of deeper
drilling over ~0.9km of strike occurring in November 2022 and yet to be included
in the Resource. All 9 holes returned significant results with high-grade cores and
high NdPr:TREO ratios up to 37%. These latest results are expected to extend the
Yin Resource.

C6 drilling to start this month. That could also change the game. These guys can go deeper than most because of the grade and the NdPr content. The depth extensions at YIN are opening that up as one mini super pit. At the production run rate of 1m tons/pa, YIN alone is a decade of mining and growing.
The labs remain the slow point. DRE have been a victim to their own success. They need their own labs. lol
The main game is on. This is the real deal and a drill out with some upside with various upgrades and new discoveries. The REE remains the main game, but as the months progress, investors attention will turn to these other company making assets. The short term sentiment is playing out for all the explorers. Wont last imo. As Buffett says' if you do dumb things like sell a stock just because it goes down, you shouldn't own it in the first place'. I see we have the usual press hysteria trying to scare people for profit. Bank runs blah blah blah. That has nothing to do with the resource or the future of REE at all.

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Hi Coperroad,
just wondering where you saw that C6 is being drilled this month? I’ve been looking for that detail for a while, but have only found that the C1-7 Carbs will be drilled in the March quarter.
thanks!

DRE Price at posting: 6.3¢ Sentiment: Buy Disclosure: Held
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Ann: Successful Yin Extensional Drilling Results - Mangaroon, page-40

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Ann: Successful Yin Extensional Drilling Results - Mangaroon, page-40

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