GLOBAL MRE INCREASES TO 0.71BT REE AND 0.6BT GALLIUM
Summary
CALADÃO PROJECT’S GLOBAL REE RESOURCE GROWS TO 0.71 BILLION TONNES FOLLOWING WOOLRICH RESOURCE UPGRADE DRILLING.
REE Mineral Resource increases by 24% to 0.71Bt @ 1,433ppm TREO
Gallium Mineral Resource increases 31% to 0.58Bt @ 37.1ppm Gallium
Woolrich REE + Gallium Resource increases 107% to 265Mt with 110Mt Indicated
Woolrich is the priority area for a controlled in situ recovery (ISR) field validation program, which will be designed once leach optimisation progresses and planned hydrogeological work is complete
Successful field testing would position Axel as a potential first-mover in commercial low impact ISR REE extraction in Minas Gerais, Brazil
Your question will be sent privately to Axel REE. The company may choose to make this question public.
Start the conversation
Ask Axel REE a question about this announcement.
Share your feedback
Discover