its there . and it is growing . lets go regional assistThick, high-grade Niobium-REE at Aileron - West Arunta
The first two holes at Crean, drilled 1.5km apart on the Elephant Island Fault, have intersected carbonatites with both RC pre-collars finishing in high grade niobium and rare earths (“REE” or “TREO”) mineralisation
EAL008 intersected 94.7m of carbonatite from 55m to 149.7m. Assays results from the 90m deep RC pre-collar returned:
- 34m @ 1.0% Nb2O5 & 0.6% TREO from 56m to end of pre-collar including: - 4m at 3.8% Nb2O5 & 1.9% TREO from 56m
EAL007 intersected 282m of carbonatite from 64m to end of hole at 346m. Assay results from the 69m deep RC pre-collar returned:
- 2m @ 1.2% Nb2O5 & 0.6% TREO from 67m to end of pre-collar
Assays for the diamond tails of EAL007 (from 69m) and EAL008 (from 90m) are expected to
be received in August-September 2023
The mineralised carbonatite remains open to the east and west and is increasing in width to the east where it is open in all directions
An initial 80-100 hole RC drilling program will commence in August 2023
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