I note that Godolphin Resources just placed a rare earths maiden resource of significance. 94.9Mt @ 739ppm TREO
Major Increase to Mineral Resource Estimate and Resource Upgrade Highlights
Narraburra as a Rare Earth Project of National & International Significance
• Maiden (JORC 2012) Mineral Resource Estimate completed for Narraburra Rare Earth Element
Project of 94.9Mt @ 739ppm TREO1, including a high grade core of:
20Mt @ 1,079ppm TREO using a 600ppm cutoff within the Indicated Resource
• Significant improvements to the Narraburra Mineral Resource Estimate include:
126% uplift to TREO grade
Indicated Resource now at 50%, not defined previously
30% increase to tonnage from previous JORC 2004 Mineral Resource Estimate
(“MRE”)
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