HAS 5.97% 31.5¢ hastings technology metals ltd

Brockman Project (Niobium) - HAS vs WA1

  1. 1,253 Posts.
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    Brockman Rare Earths Project is a hidden gem (look at WA1.asx)
    Brockman Rare Earths Project Getting Ready to Meet Growing Demand Rare earths are minerals that are vitally necessary in the production of many industrial technologies and new consumer products coming into today's contemporary marketplace. They are widely used in products such as hybrid cars, power efficient light bulbs and flat screen television sets, as well as in wind turbines and military hardware. Brockman Niobium Tuff Deposit Shows Great Potential In 2011 Hastings Technology Metals Limited was primarily focused on exploring the Niobium Tuff resource at its Brockman project site, Drilling at that time revealed a JORC resource of 36.2 million tonnes containing 2151 parts per million TREO (Total Rare Earth Oxides). This resource included large resources of Gallium, Hafnium and Tantalum as well as HREO (Heavy Rare Earths Oxides) such as 3545 parts per million Niobium Pentoxide and 8913 parts per million Zirconium Oxide. Hastings Technology Metals Limited engaged independent consultants, to carry out the metallurgical test work on the mineralisation samples it obtained in 2011, to back up and verify previous work undertaken by other exploration companies on the Niobium Tuff deposit. This included work carried out at a pilot plant established in Britain during the 1980's.

    Brockman Southern Extension Deposit has Potential to Exceed That of Niobium Tuff
    Further exploratory drilling was undertaken in 2014 at the Southern Extension of the Brockman Rare Earths deposit. This drilling program revealed a large ore body returning a slightly higher grade than that contained in the previously drilled rare earths resource area. The drilling program supplied samples of wide intersections containing grades similar to those discovered in the Niobium Tuff deposit, the JORC estimate of this resource will be tabled in 2016. Rare Earths comprises a group containing 15 elements known as the 'Lanthanides' that share similar characteristics. These Lanthanides often coexist with scandium and yttrium. Despite being named 'Rare Earths' they are actually rather commonplace, although it is not often they are found in sufficient quantities that allows economic mining to be undertaken. There was little, if any, demand for rare earth elements before 1965. Most of the supply at that time was obtained from placer deposits in countries like Brazil and India , although, South Africa was the world's leading supplier of monazite back in the 1950's. There was also a small amount of Precambrian carbonate being produced in California during this early period.

    WA1 chart
    https://hotcopper.com.au/data/attachments/6114/6114213-3d6c29e05d9124c6a2062dab9cd300b4.jpg
    Last edited by spreme: 19/04/24
 
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