Pete Moorhouse, Managing Director of Basin Energy (ASX:BSN), joins Mining.com.au to discuss maiden drilling results from the Newmans prospect in North West Queensland and why the company believes it may be onto a much larger rare earth opportunity.
What stands out:
- Drilling: 18m of rare earth mineralisation intersected from surface
- Model: Weathering profiles emerging as the key control on grade
- Potential: Broader Sybella-Barkly rare earth upside still to test
- Next steps: Five holes pending, with follow-up drilling and CEI-funded work planned
About the guest and company:
Pete Moorhouse is Managing Director of Basin Energy, an exploration company advancing uranium and critical minerals projects across Australia, Canada, Sweden, and Finland. In Queensland, the company is exploring the Sybella-Barkly Project near Mount Isa, targeting rare earth and uranium opportunities.
Take a closer look at Basin Energy’s emerging rare earth story.
