York Harbour Metals Inc. (TSXV: YORK | OTCPK: YORKF) has announced a significant discovery of high-grade rare earth elements mineralization at its 100%-owned Bottom Brook Project in Western Newfoundland & Labrador.
“The high-grade values we’ve seen in our initial sampling at the U3 and the newly discovered Bottom Bank showings (“BB showings”), which are situated over 750 metres to the south-southwest, provide a unique opportunity for the discovery of a compelling area of critical element mineralization at our Bottom Brook Project.” commented Bruce Durham, president and CEO.
The company’s initial fieldwork has discovered a new zone of high-grade REE mineralization 750m to the south-southwest of the historic U3 REE zone. The programme also confirmed high grade surface samples near the U3 occurrence.
Grab samples collected from Bottom Brook and U3 REE showings returned TREO values ranging from 0.07 to 22.31%. The high-grade sample 116575 from the U3 showing included very high concentrations of magnetic rare earth elements neodymium, praseodymium, terbium, and dysprosium. Sample 116575 contained total MREs of 5.00% (50kg/t MRE)
On the Bottom Brook project, MRE’s typically comprise 20% or more of the TREO. The U3 REE showing returned TREO values from 0.07 to 22.31% samples collected from the nearby Bottom Brook REE showing returned TREO values from 1.17 to 7.63%. The highest-grade sample 116569 from the BB showing included magnetic rare earth elements (Nd, Pr, Tb, and Dy) grading 1.89% (18.9kg/t MRE).
“This summer’s exploration programme is a game-changer for us, giving us the chance to evaluate numerous mineral occurrences across the property. Our focus is clear and straightforward: to explore, discover, and develop our projects efficiently and effectively. We’re zeroing in on our goal to make a new discovery that has a chance at being a new deposit. We’re just getting started – the exploration program is continuing to generate data that will be used to determine the focus for our drilling programme slated to start later in the summer. As we’ve always done, we’ll let the results guide our drilling decisions. We’re determined to discover mineralization at the various targets we’ve meticulously identified through our exploration efforts.” Added Bruce.
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