| Announcement Date: | 2022-12-13 |
|---|---|
| Announcement Type: | Exploration Update |
| Announcement Code: | JORC |
| Company name: | Reach Resources Ltd. |
| Project name: | Skyline |
| Location: | Australia |
| Commodities: | Rare Earth |
| Highlight: | Assay results confirm Niobium rich target zone with a potential Total Rare Earth Oxides (TREO) strike length of up to 1.5km |
| 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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