Following the successful maiden drilling campaign at Stallion REE Project, Summit Minerals (ASX:SUM) has commenced its second phase of reverse circulation (RC) drilling of previously intersected rare-earth mineralization (REE) at its wholly owned Stallion Project, east of Kalgoorlie, Western Australia.
The company released the results of its maiden drilling programme at Stallion in March this year, which returned several significant high-grade intersections. The intersected mineralisation remains open in all directions. The follow-up programme of RC drilling, which has now commenced, aims to infill and expand upon the previous drilling, which if successful will increase the company’s confidence in the resource potential at Stallion by confirming the REE distribution and the trend towards shallower mineralization.
Proposed Drilling Programme
Summit’s Phase 1 drilling outlined a broad mineralized zone of rare earth oxides (REO) measuring 1km x 2.5km, an average thickness of 18m and a grade averaging ~1,750ppm TREO (utilising a 450ppm TREO cutoff). The zone remains open in all directions. The intersected mineralization presents a broad wedge that shallows westward away from the palaeochannel, towards the company’s adjacent tenement and thickens to the south.
The designed programme will infill the existing grid and expand drilling west to the boundary with Summit’s adjacent tenement and south to the northern boundary of the Nature Reserve. Twenty-one holes are proposed, with the drilling density reduced to mostly 400 x 200m spacing
For further information please visit: https://summitminerals.com.au/
