Announcement Date: | 2023-08-15 |
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Announcement Type: | Exploration Update |
Announcement Code: | JORC |
Company name: | Cosmos Exploration Ltd. |
Project name: | Byro East |
Location: | Australia |
Commodities: | Lithium |
Highlight: | Rock chip assay results up to 1.1% TREO |
Resources: | only available to subscribers |
CP/QP: | only available to subscribers |
Announcement summary: | Cosmos Exploration (ASX: C1X) (“Cosmos” or “the Company”) is pleased to report new exploration results highlighting significant rare earth exploration potential associated with a large carbonatite complex at its 100%-owned Byro East Project (“Byro East”) in Western Australia. While waiting for access to be re-established to its Canadian lithium properties, the Company has been progressing exploration activities at its Australian projects. Encouragingly, the time spent at Byro East has delivered a surprise result and identified widespread rare earths potential in carbonatitic rocks coincident with chemistry and geophysics which were not previously understood to be present. |
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