ASM australian strategic materials limited

I note that Godolphin Resources just placed a rare earths maiden...

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    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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