Junior explorer Australian Rare Earths has reported an 84% increase in the resource at its Koppamurra rare earths project in South Australia, with the resource now standing at 186-million tonnes at 712 parts per million total rare earth oxides, containing up to 132 000 t of total rare earth oxides. “With each drilling campaign we have progressively built our confidence in our ability to demonstrate the establishment of a world-scale ionic clay-hosted rare earths Province in the heart of a tier one location,” said Australian Rare Earths CEO Travis Beinke.
PERTH – Junior explorer Australian Rare Earths has reported an 84% increase in the resource at its Koppamurra rare earths project in South Australia, with the resource now standing at 186-million tonnes at 712 parts per million total rare earth oxides, containing up to 132 000 t of total rare earth oxides.
A near 30 000 m drilling programme is set to start in October this year to further expand the mineral resource.
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