Here are a few reasons people"t "TOP 20" are invested in RR1
Camel Hill -
REEA ~3.5-km long REE soil anomaly (>500 ppm REE) untested by drilling.
Recorded REE anomalies correspond with thorium radiometric highs.
The new acquisition combined with tenement E09/2377 increases the land holding for this project area to168 sq km.
Skyline - REE/Base MetalsOn 4 November 2021, the company announced the acquisition of Skyline Resources which holds the Skyline Rare Earth Project. The project is located in the Gascoyne Province of Western Australia and consists of 100% owned exploration licence application ELA 09/2643, covering an area of ~247 square kilometres, which is considered to be prospective for monazite hosted rare earth elements.
Adjoin Hasting Technology Metals (ASX:HAS) Yangibana REE project 20.9MT Ore Reserve @ 0.9% TREO - 17 year mine life (ASX Announcement 6 February 2023).West side of tenement identified REE targets with up to 3173ppm 2 TREO from limited rock chip sampling program Oct ‘22.
Wabli CreekPegmatites at Wabli Creek were evaluated cursorily by Great Mines Ltd, Kookynie Resources NL and Nickel Mines Ltd whilst targeting calcrete hosted uranium deposits between 1974 and 1983.
Two mineralised pegmatites have been the focus of exploration to date at Wabli.
The No1 vein has been mapped over 10m in a pit and has potential of extending further underneath soil cover.
Reconnaissance assays indicate significant levels of critical element like Nb and Ta.
HighlightsSensational high‐grade results from surface eluvial samples at Wabli Creek, Yinnetharra14.3 % Nb2O56.7% Ta2O53689 ppm TREO70.3% HREO
White CastlesHigh-grade rock-chip results up to 18% MnO2
.Multiple surface manganese outcrops over 50 km of continuous strike.Little to no exploration undertaken since 2010.Neighbours include FMG to the east, FRB to the north west and Dreadnought Resources (ASXRE) to the south west.The tenements lie within 5 km of recent anomalous REE results from Reach’s Skyline project.
PrimroseThe Pansy, Carnation and Blue Bell are contained within the company’s current project area, while the Carnation and Blue Bell are to the North of the project area, the Pansy is at the southern end of the Primrose Fault.
The fault is estimated to be anywhere from some 4km to 9km long and strikes from North to south along the entire Project area, and is a high-value target in our future exploration.
Total inferred mineral resources ~ 1.035Mt @ 3.2g/t Au for 105,000 ozAu 1.
Includes higher grade components 0.582Mt @ 4.7g/t Au for 87,000 oz Au 2.
Significant upside to resource open at depth & along strike.
Potential for lithium bearing minerals within pegmatites identified on site.
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