Hastings Rare Metals Limited (ASX: HAS) – $0.085
10 Dec 2014
Hastings Rare Metals Limited (ASX: HAS) has received final assay results from reverse circulation and diamond drilling at the 70% owned Yangibana Project in the Gascoyne Region of Western Australia (Figure 1).
Best intersections include:
- 3 metres at 2.1% total rare earth oxides with 0.82% neodymium oxide equivalent
- 4 metres at 1.8% total rare earth oxides with 0.68% neodymium oxide equivalent
- 5 metres at 4.3% total rare earth oxides with 1.64% neodymium oxide equivalent
The drilling program has confirmed the potential of the Yangibana Project to host an economically viable rare earths operation. The results would further enhance the JORC Resource Estimations of 6.79 million tonnes at 1.52 total rare earth oxides.
Figure 1. Location plan of Yangibana Project in Western Australia
For further information, visit www.hastingsraremetals.com
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