Krucible Metals unearths strongly anomalous results for heavy...

Krucible Metals unearths strongly anomalous results for heavy rare earths at Coorabulka

Wednesday, January 11, 2012



Some further old REE news that has me interested :)


Krucible Metals (ASX: KRB) has discovered heavy rare earths comprising 1.2 kilograms per tonne Yttrium oxide, 4.02 kilograms per tonne neodymium oxide, 1.08 kilograms per tonne Praseodymium oxide and 0.23 kilograms per tonne Dysprosium oxide from surface sampling near the Pigeongah waterhole at Coorabulka in Queensland.

From the surface sampling, Yttrium averaged 946 parts per million, neodymium averaged 3,440 parts per million, praseodymium averaged 922 parts per million and dysprosium averaged 195 parts per million.

No drilling for rare earths has been carried out to date at the Coorabulka and Yttro exploration permit for minerals applications.

Surface sampling at Yttro, 15 kilometres northwest of Korella, has previously returned up to 2.2 kilograms per tonne neodymium oxide and 1.8 kilograms per tonne yttrium oxide.





Krucible has applied for exploration permit for minerals (EPMA 19286 and 19476) at Coorabulka over this sedimentary basin environment which is considered to be prospective for large scale, shallow heavy rare earth elements/phosphate.

The company is hoping EPMA19286 will be granted by late 2012 for drill testing to begin in 2013.

Coorabulka is also prospective for oil shales in the Toolebuc Formation and Cannington Style lead-zinc-silver deposits in the underlying Proterozoic basement.


Cheers from G64 :)

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