MEK - .07 bid soaking up for a big move higher
30 May 2022
Significant Large Scale Rare Earths Project
Emerging at Cascade
Shallow, broad, high-grade intersections in saprolitic clays now
identified over a significant area (1,143km2) at the Cascade REE Project
(“Cascade”, MEK 100%) in Western Australia
Grades up to 5,791ppm Total Rare Earth Oxides (“TREO”)
High value magnet rare earths up to 45% of TREO grade
High-grade intersections include:
o 16 metres at 2,223ppm TREO (45% Magnet REO) from 44m including
4 metres at 5,791ppm TREO (MGA298)
o 2 metres at 1,866ppm TREO (31% Magnet REO) from 12m (MGA169)
o 4 metres at 1,473ppm TREO (31% Magnet REO) from 12m (MGA277)
o 19 metres at 1,350ppm TREO (31% Magnet REO) from 52m including
4 metres at 2,148ppm TREO (MGA277)
o 12 metres at 1,215ppm TREO (35% Magnet REO) from 36m including
4 metres at 2,121ppm TREO (MGA248)
o 8 metres at 1,086ppm TREO (21% Magnet REO) from 12m including
4 metres at 1,335ppm TREO (MGA254)
o 16 metres at 978ppm TREO (28% Magnet REO) from 12m including
4 metres at 2,796ppm TREO (MGA257)
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