Heavy Rare Earths (ASX:HRE) reports it has recorded the highest rare earth element (REEs) grades to date at the Cowalinya REE Project in Western Australia.
The company says these new results were recorded from 49 aircore holes completed as part of a 438-hole resource expansion drilling program at the project.
‘Standout’ assays received from LabWest Minerals Analysis include AC225 with 14m @ 3,217 parts per million (ppm) total rare earth oxides (TREO) from 16m including 6m @ 5,848ppm TREO from 24m; and AC221 with 10m @ 2,087ppm TREO from 17m, including 4m @ 4,266ppm TREO from 17m.
Heavy Rare Earths reports hole AC225 is located 900m west of the Cowalinya South resource and sits among a cluster of 10 mineralised holes on 2 adjacent 400m spaced drill lines. This cluster could represent the northern continuation of the 2km-wide zone of REE mineralisation encountered in 11 consecutive holes (AC190 to AC201) 1.2km to the south.
To the east of Cowalinya South, Heavy Rare Earths reports further evidence of a second new zone of mineralisation has emerged. The mineralised horizon that grades as high as 895ppm TREO in holes AC243 to AC248 in the northeast corner has the potential to link the recently reported mineralisation drilled in holes AC178 to AC181 some 800m to the south.
Assays for the remaining 297 drillholes, including those in the central and northern parts of the tenement will be reported when they are received.
Heavy Rare Earths is an Australian REE exploration and development company focused on its key Cowalinya REE Project, located near Norseman in Western Australia. The company also holds the Duke REE Project near Tennant Creek in the Northern Territory.
Images: Heavy Rare Earths Ltd
