Altona Rare Earths plc has estimated an exploration target of up to 56.6 million tonnes at up to 1.65% total rare earth oxide (TREO) at its rare earth element (REE) Monte Muambe project in Tete Province, northwest Mozambique. MRE AND PEA Altona said its estimate included 11.5 million tonnes at 2.41% TREO, corresponding to a “well […]
Tag: Monte Muambe – Tete Province – northwest Mozambique
Altona NED Simon Tucker leaves
Altona Rare Earths plc’s non-executive director (NED) Simon Tucker is to leave to focus on other interests. The company appointed him NED in March 2021.
Altona to increase Mozambique REE share
Altona Rare Earths plc said completion of its Phase I work programme had satisfied one of the terms required to increase its holding in Monte Muambe Mining Lda (MMM) at the Monte Muambe project in Mozambique. INCREASED HOLDING The company is in the process of receiving approval from the Mozambique government, after which it will […]
Altona results show high levels of Monte Muambe NdPr
Altona Rare Earths plc reported “significant” total rare earth oxide (TREO) grades including high levels of neodymium-praseodymium (NdPr) at Monte Muambe project in Tete Province, Mozambique. TARGET DRILLING Since February, Altona has collected and assayed more than 1,700 soil samples, refining the orebodies boundaries and identifying four new, rare earth element (REE)-rich drilling targets. Results […]
Altona assays show ‘significant’ Monte Muambe REEs
Altona Rare Earths plc said the final Phase I assay results showed significant rare earth element (REE) levels at its Monte Muambe light REE project in northwest Mozambique. PROGRAMME Monte Muambe is a 4km diameter circular carbonatite intrusion in Tete Province, where the company began an initial drilling programme in October 2021. The company focused […]
Altona to start phase II drill at Monte Muambe
Altona Rare Earths plc said it would start Phase II drilling following positive exploration results at its Monte Muambe project in Tete Province, northwest Mozambique. PHASE I The company’s prospecting licence 7573L covers a 4km diameter circular carbonatite intrusion. Phase I cost £580,000 with results from three drill holes and samples from multiple drill sites […]