
Lanthanein (ASX:LNR) extends high-grade rare earth and niobium at Lyons
August 31, 2023Lanthanein Resources infill drilling has increased the strike length of economic TREO mineralisation at both Lyons 12 and 13 prospects at its rare earth project in Westen Australia’s Gascoyne province.
The REE mineralised ironstones are analogous to Hastings Technology Metals nearby Simons Find, Frasers, and Bald Hill REE deposits.
Excitingly, there is potential for the resource to extend with strike remaining open as the Company works towards a Maiden Resource Estimation for the Project
“The REE results of this current round of infill drilling of the high-grade mineralised ironstones, which outcrop over 1.2km strike at Lyons 12 and 13, demonstrates the economic potential the prospect,” Lanthanein Technical Director Brian Thomas said.
Highlights
• LYRC135: 1m at 0.76% TREO and 1.22% Nb2O5 (45% NdPr:TREO)
from 33m
• LYRC138: 2m @ 0.57% TREO and 0.18% Nb2O5 (50% NdPr:TREO) from 14m
• LYRC141: 2m @ 0.66% TREO and 0.49% Nb2O5 (46% NdPr:TREO) from 51m
• LYRC140: 3m @ 0.36% TREO and 0.63% Nb2O5 (39% NdPr:TREO) from 34m
• LYRC133: 1m at 0.36% TREO and 1.09% Nb2O5 (42% NdPr: TREO) from 53m.
Next steps
Assays are pending on 53m of ferrocarbonatites under cover.
Kilometre scale potentially mineralised ironstones, both undercover and outcropping, are still to be drill tested.
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