Announcement Date: 2023-08-07
Announcement Type: Drilling Results
Announcement Code: JORC
Company name: Australian Rare Earths Ltd.
Project name: Koppamurra
Location: Australia
Commodities: Rare Earth
Highlight: Drilling results incl. 4m at 2015ppm RE from 2m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: Australian Rare Earths Limited (ASX: AR3) is pleased to announce strong final assays from the recently completed drilling program at its Koppamurra ionic clay-hosted rare earths project. The drilling program, which was conducted from February to June 2023, consisted of over 1300 holes for ~16,000m targeting strike extensions of the Resource and regional prospectivity of AR3’s Victorian tenure (Figure 1). The most recently received assays were obtained from drilling conducted north of the main resource shown in Figure 2 and Sections 1-3. These results are highly encouraging, confirming mineralisation extends up to 6km north of the currently defined Indicated Koppamurra resource.
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