A total 13.6 million tons at 2.42% total rare earth oxides (TREO) has been recorded in the inaugural mineral resource estimate (MRE) for the Monte Muambe project in northwest Mozambique. FAST TRACK Altona Rare Earths plc’s JORC compliant MRE, using a cut-off grade of 1.5%, includes 0.31% NdPrO representing 42,500 contained tons of neodymium and praseodymium […]
Tag: scoping study
Altona intercepts record high grades
Altona Rare Earths plc intercepted record high grade ore with more confirmed on targets at the Monte Muambe project in Tete Province, northwest Mozambique. TARGET POTENTIAL The company has to date drilled 10 reverse circulation holes for a total 790 metres. Interceptions include 76m at 3.426% total rare earth oxides (TREO) from surface at target 4, […]
Altona to drill target orebody at Monte Muambe
Altona Rare Earths plc is due to drill one of two orebodies with results to be included in the inaugural JORC mineral resource estimate (MRE) for the Monte Muambe project in Mozambique. TARGETS The company expects to resume drilling on or around 15 July, with Spartan Drilling Services Limitada conducting operations. The programme will initially […]
NAE Lochinvar remains ‘commercially robust’
New Age Exploration Ltd said it had received a positive review of a 2014 scoping study, as previously updated in 2017, of its Lochinvar coal project. COSTS NAE owns 100% of three contiguous exploration and conditional underground mininglicences known as Lochinvar, Lochinvar North and Lochinvar South on the border of Scotland and England. A previously […]
Altona on course for MRE-scoping study
Altona Rare Earths plc said it was on schedule to produce its inaugural mineral resource estimate (MRE) and scoping study for its 100% Monte Muambe project in Tete Province, northwest Mozambique. TARGETS The company is currently progressing reverse circulation (RC) drilling at its targets. For activities during the third quarter, Altona reported that drilling focused […]
NAE orders revised scoping study on Lochinvar
New Age Exploration Ltd (NAE) said it had commissioned a new study of its 100% owned Lochinvar coking coal project which had drawn fresh interest from investors. LOCHINVAR The project comprises three adjacent exploration and conditional underground mining licences of Lochinvar, Lochinvar North and Lochinvar South on the border of England and Scotland. SCOPING STUDY […]