Desert Metals Discovers REE Mineralization Extended from Krakatoa Resources Tower REE Resource
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Desert Metals Discovers REE Mineralization Extended from Krakatoa Resources Tower REE Resource

byThe Assay
3 years ago
Reading Time: 2 mins read
Desert Metals Discovers REE Mineralization Extended from Krakatoa Resources Tower REE Resource

Desert Metals Ltd (ASX: DM1) has announced that analysis from recent Air Core drilling on the company’s Dingo Pass licence has demonstrated that clay hosted rare earth element (REE) mineralization extends from the Tower resource for at least 9km into Desert Metals’ licence.

Intersections of total rare earth oxide (TREO) include: 3m @4512 TREO from 21m,

  • Hole DGAC 059 4m @3700 TREO from 21m,
  • Hole DGAC 017 12m @1363 TREO from 24m, incl 3m @2078 TREO from 24m
  • Hole DGAC 081 17m @1101 TREO from 21m, incl 3m @1988 TREO from 21m
  • Hole DGAC 010 6m @1859 TREO from 18m, incl 3m @2508 TREO from 18m
  • Hole DGAC 082 9m @1885 TREO from 0m, incl 3m @2269 TREO from 6m
  • Hole DGAC 097 A total of 100 holes for 2973m were drilled along five north south traverses

Lines were between 1km-3km apart with 200m spacing between holes. The programme was designed to test whether REE mineralization continued from the Tower REE Resource, onto DM1’s 100% owned licence E 52/3665.

Of the 100 holes drilled, 74 holes returned assays greater than 500ppm TREO including 31 holes returning intercepts >1000ppm TREO. Assays of greater than 1000ppm TREO were intersected on all five lines. The programme has confirmed that clay hosted REE mineralization extends for at least another 9km east from the boundary of the Tower REE deposit.

The line immediately adjacent to the Tower deposit returned 1.6km length of continuous >1000ppm TREO mineralization. The programme has successfully confirmed that the Tower mineralization footprint is at least five times larger within Desert Metals’ licence. 

To read more about this, please visit www.desertmetals.com.au

To read more news like this, please visit www.theassay.com/news

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