Hastings REE project WA

Hastings Technology uncovers ‘higher grades’ at Bald Hill prospect within Yangibana Rare Earths Project, WA

Hastings Technology Metals (ASX:HAS) reports it has defined ‘strong mineralisation’ from prospects at its Yangibana Rare Earths Project in Western Australia.

Drilling targeted the 8km long Bald Hill – Simon’s Find – Fraser’s trend, which is in close proximity to the process plant and vital for the feed required upon project commissioning in late 2024.

The company, touted as Australia’s next rare earths producer, reports the final results are from its recent 170-hole resource definition reverse circulation (RC) drilling program, with the assays covering Bald Hill and Fraser’s.

Hastings reports the drilling has defined ‘strong mineralisation’ in both deposits, particularly in areas that had limited previous drilling.

Commenting on the results, Hastings Chief Operating Officer Andrew Reid said: “The highly successful drilling program along the 8km long Bald Hill – Frasers trend has again shown the tremendous size and scale of this zone in close proximity to the proposed processing plant.

“This trend contains the world’s highest composition of NdPr to TREO”

This trend contains the world’s highest composition of NdPr to TREO and when coupled with an ability to produce a high-grade ore concentrate through the beneficiation plant has allowed Hastings to generate an economically robust project and move swiftly into the early stages of infrastructure development on its path to commissioning in late 2024.”

The Yangibana is a ‘significant’ Australian Rare Earths Project, containing substantial neodymium and praseodymium resources. The project currently covers some 650km-square and is situated 270km east-north-east of Carnarvon in the Shire of Upper Gascoyne.

These results from the aforementioned 13,334m drilling program have successfully extended current known mineralisation down dip within the mineralised Bald Hill – Simon’s Find – Fraser’s trend below the currently defined Mineral Resource base, as well as to infill near-surface portions which had insufficient drilling and were required to be classified as Inferred.

About 80% of the holes at Bald Hill and Fraser’s intersected rare earth mineralisation greater than 0.24% Total Rare Earth Oxides (TREO), previously estimated as the lower economic cut-off grade.

Hastings is a Perth-based rare earths company primed to become the world’s next producer of neodymium and praseodymium concentrate (NdPr). NdPr is a vital component used to manufacture permanent magnets used every day in advanced technology products ranging from electric vehicles to wind turbines, robotics, medical applications, digital devices and more.

Images: Hastings Technology Metals Ltd
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Written By Adam Orlando
Mining.com.au Editor-in-Chief Adam Orlando has more than 20 years’ experience in the media having held senior roles at various publications, including as Asia-Pacific Sector Head (Mining) at global newswire Acuris (formerly Mergermarket). Orlando has worked in newsrooms around the world including Hong Kong, Singapore, London, and Sydney.