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Old 10-07-2015, 06:59 AM
Sparty Sparty is offline
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Default ASX: HAS -Yangibana Confirmed as a Major Neodymium Project

HIGHLIGHTS
 Updated JORC Resources Estimates for Yangibana Project issued
 Indicated Resources now stand at 8.1 million tonnes at 1.07%TREO* containing 0.46%Nd2O3-Eq**
 Inferred Resources now stand at 4.2 million tonnes at 1.07%TREO* containing 0.41%Nd2O3-Eq**
 Total Resources have increased significantly (29%) from 103,000 contained tonnes of TREO as estimated in November 2014 to 132,500 contained tonnes
 Total project resources are now estimated to contain approximately:-
 33,900 tonnes of Nd2O3
 8,950 tonnes of Pr2O3
 590 tonnes of Dy2O3, and
 920 tonnes of Eu2O3

 Mining studies have commenced with pit optimisations utilising the Indicated Resources at Bald Hill South, Fraser?s, Yangibana West and Yangibana North deposits

 Announcement of first JORC Compliant Reserve Estimates anticipated in the coming weeks

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