Two important excerpts from The Australian article (excerpts are...

Two important excerpts from The Australian article (excerpts are in bold):


Godolphin will carry out an expanded metallurgical testing study later in 2023 which will be a more in-depth study of the leachability conditions from an expanded sample size to determine the optimum recipe for REE extraction.

My take: Preliminary metallurgical results are okay but not excellent; but these results are only the beginning. GRL should be able to improve the leaching process considerably. And the article makes it clear that Jeneta is planning to do just that!



With the resource remaining open in several directions, the company plans to carry out follow-up drilling with a focus on the northern area, which has been identified as an area containing the highest-grade metals used in permanent magnet.

My take: Can't wait for GRL to really get stuck into that high grade northern zone! The open section to the north of GNBDD022 (2m @ 4,495ppm TREO from 52m & 1m @ 7956ppm TREO, 1,090ppm Nd, 240ppm Pr from 61m)