A diamond drilling rig has arrived at Lanthanein Resources Ltd (ASX:LNR)’s Lyons Rare Earths Project in WA, aimed at complementing the extensive 10,000-metre reverse circulation (RC) campaign currently in progress at the highly prospective tenement.
The diamond drill rig will be put to work at the southern margins of two carbonatite targets LI01 and LI03 to better understand their mineralisation potential.
This work will be co-funded with the EIS drilling initiative of the WA Government.
New ironstone discovery
The company also confirmed a new ironstone discovery with a 1.8 kilometre strike extent at Lyons, with surface rock sampling returning total rare earth oxide (TREO) up to 4.19% and 0.90% niobium pentoxide (Nb2O5).
Other anomalous rock samples along the Y42 Splay ironstone returned:
- LNRR211: 4.19% TREO;
- LNRR202: 1.75% TREO;
- LNRR203: 1.59% TREO;
- LNRR204: 1.37% TREO and 0.89% phosphorus pentoxide (P2O5); and
- LNRR210: 0.90% Nb2O5 and 0.25% TREO.
Magnetic geophysics image showing Y42 Splay ironstone rock sample results.
Consistent performance
“The Lyons rare earths project continues to deliver results with new ironstones being discovered with highly anomalous rare earths and niobium from surface rock samples, minerals, which are critical for new technology development,” Lanthanein technical director Brian Thomas said.
“The latest ironstone Y42 Splay target follows a 1,800-metre strike extent of anomalous magnetic and spectral satellite anomaly just 3 kilometres south of the proposed Hastings mine.
“I look forward to providing results from our current 10,000-metre RC drilling program, which is testing numerous magnetic ironstone targets, as well as the deep 450-metre diamond drilling, which is testing margins of large tonnage carbonatite targets partly funded by the WA Government.”
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