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.

 

HAS Yangibana Project WA

Figure 1. Location plan of Yangibana Project in Western Australia

 

 

For further information, visit www.hastingsraremetals.com

 

 

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