Pinnacle Minerals (ASX:PIM) is planning to conduct follow-up soil sampling to delineate the potential rare earth element (REE) footprint at its Tammin Project in Western Australia.
The company says the soil sampling program is anticipated to be conducted in Q3 2023.
Once the footprint of any mineralised system is defined, a targeted aircore (AC) drilling campaign will begin to outline any potential mineralisation.
This announcement comes after the company completed a roadside ultra-fine soil sampling program in the area, with continuous elevated assays highlighting the potential for clay-hosted REE mineralisation.
‘Significant’ results include TM4-7 with 843 parts per million (ppm) Total Rare Earth Oxides (TREO) with 22.3% Magnet Rare Earth Oxides (MREO); TM1-16 with 878ppm TREO with 19.1% MREO; and TM1-10 @ 943ppm TREO with 14.6% MREO.
Pinnacle Minerals Managing Director Nic Matich says: “The Tammin Project is prospective for both kaolinite and clay-hosted rare earth mineralisation.
There are several ASX peers in the Western Australian wheatbelt that have defined significant kaolin resources, with others exploring for clay-hosted rare earths.
“Pinnacle has plans to join the ranks of these companies via a systematic and targeted exploration campaign to be conducted during H2 2023 and early 2024″
Pinnacle has plans to join the ranks of these companies via a systematic and targeted exploration campaign to be conducted during H2 2023 and early 2024.”
The company notes the roadside soil geochemistry results are a first-pass investigation into the prospectivity for clay-hosted rare earth mineralisation.
Pinnacle Minerals is an ASX-listed technology minerals company focused on exploring and developing its portfolio of kaolin, halloysite, battery metals, and heavy mineral sands prospective projects in Western Australia and South Australia.
On 31 March 2023, the company had $2.96 million cash at hand, according to its latest quarterly report published on 27 April 2023.
Write to Aaliyah Rogan at Mining.com.au
Images: Pinnacle Minerals Ltd
