High-grade REE + Nb Results Continue at Machinga

The results are from 1m and 3m composite intervals from the second batch of 11 holes (1162m) drilled as part of DY6’s maiden 35-hole, 3,643m RC drill program at Machinga Main Northern Zone. Note, some holes are incomplete due to composite samples being included in the upcoming third assay batch.

These results follow up on recent RC assays including 7m @ 1.42% TREO with 0.49% Nb2O5 (MR011) and 16m @ 0.54% TREO with 0.21% Nb2O5 (MR005).

Assays returned a series of significant intercepts based on a 2500 ppm total rare earth oxide + yttrium (TREO) cut-off grade from the Machinga Main Northern Zone including:

• 13m @ 0.65% TREO, 2544 ppm Nb2O5 from surface (3.6% DyTb/TREO) incl. 1m @ 1.06% TREO, 3657ppm Nb2O5 from 7m and 1m @ 1.28% TREO, 4215ppm Nb2O5 from 9m (MR019)
• 4m @ 1.47% TREO, 0.62% Nb2O5 (3.6% DyTb:TREO) from 17m (MR021)

• 3m @ 1.10% TREO, 0.56% Nb2O5 (4.0% DyTb:TREO) from 41m (MR013)

• 3m @ 7482 ppm TREO, 2424 ppm Nb2O5 from 77m (3.9% DyTb/TREO) incl. 1m @ 1.82% TREO, 6021 ppm Nb2O5 from 77m (MR013)

The mineralisation at the Machinga alkaline complex contains a higher proportion of valuable dysprosium-terbium (DyTb) with results indicating an average 3.2% DyTb:TREO in samples greater than 2500ppm TREO.

Click here for the full ASX Release

This article includes content from DY6 Metals, licensed for the purpose of publishing on Investing News Australia. This article does not constitute financial product advice. It is your responsibility to perform proper due diligence before acting upon any information provided here. Please refer to our full disclaimer here.