Reach Resources Limited (ASX: RR1) has announced assay results from the latest field programme at Wabli Creek which have identified a primary source of high-grade Nb/REE mineralization previously only found in surface eluvial samples on site.
Importantly, these latest high-grade assay results confirm that the hard rock source material holds the same or similar high-grade concentrations as the weathered surface material (eluvial material).
Highlights from the results include:
- 17.65% Nb2O5, 0.15% Y2O3, 10.81% Ta2O5, 31.39% TiO2, 0.37% TREO (24WRCK049)
- 13.22% Nb2O5, 0.13% Y2O3, 6.27% Ta2O5, 18.97% TiO2, 1.13% TREO (24WRCK046)
Further, the in-situ assay results taken straight from the bedrock were taken approximately 0.5km from the historically reported 32% Nb2O5.
The majority of the ovoid intrusive feature most prospective for Nb-Y-Ti-REE mineralization (the margin zone), is poorly exposed and remains under-explored.
The company has announced that detailed airborne magnetic and radiometric surveys recently acquired are currently being interpreted by Southern Geoscience to identify and refine key priority targets for further exploration.
The company is actively progressing its heritage discussions with the Native Title custodians of the land and will return to site for additional sampling in the short term.
To find out more, please visit www.reachresources.com.au
To read more articles like this, please visit www.theassay.com/news
