Announcement Date: 2022-11-07
Announcement Type: Exploration Update
Announcement Code: JORC
Company name: Reach Resources Ltd.
Project name: Skyline
Location: Australia
Commodities: REE
Highlight: REE recorded up to 0.68%
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: Reach Resources Limited (ASX: RR1) (“Reach” or “the Company”) is pleased to announce that it has identified several carbonatite dykes or sills and associated ironstone outcrops within its Skyline Rare Earths project (“Project”), that have returned further anomalous REE* results. In addition, the team has uncovered significant Manganese potential within the eastern portion of the Project identifying another battery metal target for the Company. Furthermore, the Company’s Critical Elements project (“Project”) has returned the highest REE result to date of 0.68% REE* from the same area where similarly anomalous results were recorded during the last site visit, highlighting the potential for significant REE at the Project.
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