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Market Sensitive Announcement made, earlier in the week ; seems to have taken a while for market reaction


• Strong assay results reveal significant extensions of clay-hosted mineralisation in the Koppamurra Project beyond the current Mineral Resource and Exploration Target areas. 

• Koppamurra JORC Resource recently doubled to 81.4Mt at 785ppm TREO (total rare earth oxide); This includes an initial Indicated Resource of 45Mt at 835ppm TREO (see ASX release dated 4 July 2022)  

• Recent metallurgical test results indicate a viable processing pathway for Koppamurra 

• Leach optimisation test work has resulted in excellent recoveries of the four key magnet rare earth elements (REE) while reducing acid consumption and impurity dissolution.


[ATTACH=full]149070[/ATTACH]


(a couple of Chi-X trades at 43c but now spread has returned)


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