Announcement Date: | 2023-08-07 |
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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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