(via NewsDirect)
The company reported a notable 26% increase in the average total rare earth oxide (TREO) grade for the entire exploration program. The highest-grade assay reached 11,040 ppm TREO. Among the 15 RC holes, nine holes showed an average TREO value exceeding 4,000 ppm, using a cutoff value of 1,500 ppm.
The addition of these final RC assays is expected to make a substantial contribution to upgrading the company's current JORC resource estimate. This upgrade is anticipated to be released in Q1 2024.
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