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Australian Rare Earths (ASX: AR3) increases Koppamurra project resource by 27% (w/ Travis Beinke)
Manage episode 444405483 series 2701497
Australian Rare Earths (ASX: AR3) managing director and chief executive officer Travis Beinke joins Small Caps to discuss the company's continued success at the promising Koppamurra project in South Australia.
The company recently released a 27% increase to the high-grade project's mineral resource estimate of to 236 million tonnes (Mt) at 748 parts per million total rare earth oxides, up from to 186 million tonnes at 712 parts per million total rare earth oxides.
Notably the new mineral resource includes 68 million tonnes grading over 1000 parts per million total rare earth oxides, up 70% on the previous estimate.
Recent exploration has also confirmed higher-grade subsets containing defined thicker areas of continuous higher-grade mineralisation within the resource.
The improved grade and higher-grade tonnage, reinforces AR3’s belief in the project's potential to become a strategically important, long-life supplier of critical rare earths.
In addition, the company has received approval for an exploration program at the southern extension of the Overland uranium project.
The program will include additional high priority targets in its plans for its first drill campaign set to commence in the coming days.
For more information on Australian Rare Earths:
https://smallcaps.com.au/stocks/asx-ar3/
See omnystudio.com/listener for privacy information.
129 bölüm
Manage episode 444405483 series 2701497
Australian Rare Earths (ASX: AR3) managing director and chief executive officer Travis Beinke joins Small Caps to discuss the company's continued success at the promising Koppamurra project in South Australia.
The company recently released a 27% increase to the high-grade project's mineral resource estimate of to 236 million tonnes (Mt) at 748 parts per million total rare earth oxides, up from to 186 million tonnes at 712 parts per million total rare earth oxides.
Notably the new mineral resource includes 68 million tonnes grading over 1000 parts per million total rare earth oxides, up 70% on the previous estimate.
Recent exploration has also confirmed higher-grade subsets containing defined thicker areas of continuous higher-grade mineralisation within the resource.
The improved grade and higher-grade tonnage, reinforces AR3’s belief in the project's potential to become a strategically important, long-life supplier of critical rare earths.
In addition, the company has received approval for an exploration program at the southern extension of the Overland uranium project.
The program will include additional high priority targets in its plans for its first drill campaign set to commence in the coming days.
For more information on Australian Rare Earths:
https://smallcaps.com.au/stocks/asx-ar3/
See omnystudio.com/listener for privacy information.
129 bölüm
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