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 <a href=http://www.australianrareearths.com><img src=http://www.australianrareearths.com/images/REEs-green-criticality.gif width="650px"></a> |
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