ABx block model approach almost doubles resources

ABx Group (ASX:ABX) has completed the first comprehensive block model resource estimation of the Deep Leads-Rubble Mound rare earth resources. Managing Director and CEO Mark Cooksey tells Mining.com.au this is the first resource estimate using the block model approach, which almost doubled the resource up to 52 million tonnes. Averaging 817ppm, he says it is also a very similar grade to other comparable projects in Australia.

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