Reach Resources

March 2023 Quarterly Activities Report

Reach Resources Limited (ASX: RR1 & RR1O) (“Reach” or “the Company”) provides its activities report for the quarter ended 31 March 2023.


HIGHLIGHTS

High-Grade Manganese Assay Results (2 February 2023)

  • High-grade assay of 11% Manganese returned from within the Company’s wholly owned Critical Elements Project at Yinnietharra

Highly Strategic & Prospective Lithium, REE & Manganese Tenements Acquired including $2M Placement (13 February 2023)

  • Four tenements acquired for low cash consideration plus shares. Tenements are highly prospective with known lithium, rare earth element (REE) and manganese mineralisation
  • Lithium tenement (Morrissey Hill) has widespread outcropping pegmatites and is directly adjoining and contains the same geology as Red Dirt Metals’ (ASX: RDT) Yinnetharra Lithium Project
  • REE and Manganese tenements bordered by FMG Pilbara (ASX:FMG), Firebird Metals (ASX:FRB), and existing Reach tenure in the Gascoyne region
  • Reach now commands a significant land holding in the highly prospective Gascoyne region, providing scale, contiguity and excellent exposure

Exploration Manager Appointed (1 March 2023)

  • Highly experienced Geologist Steve Vallance appointed as Exploration Manager

Multiple new Lithium (LCT) Pegmatite Targets Confirmed (14 March 2023)

  • Independent geological experts RSC consultants have identified four priority target areas for Lithium-Caesium-Tantalum (“LCT”) Pegmatites within the Company’s Critical Elements Projects, located in the centre of the rapidly developing Gascoyne ‘Battery Metals’ Province, WA

1) High-Grade Manganese Assay Results

The Company announced the receipt of final laboratory assay results from the Company’s maiden rock chip sampling programs recently undertaken at its Skyline and Critical Elements projects (the “Project/s”) (ASX Announcement – 18 October 2022). Both projects are located in the emerging Gascoyne Mineral Field in Western Australia.

Importantly, these manganese assay results indicate the potential presence of high-grade manganese at Yinnietharra and in addition to the REE and Niobium, the Company looks forward to progressing its exploration program across each of its Gascoyne projects.


Click here for the full ASX Release

This article includes content from Reach Resources, 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.

RR1:AU
The Conversation (0)
Reach Resources

Quarterly Activities/Appendix 5B Cash Flow Report

Reach Resources Limited (ASX: RR1) (“Reach” or “the Company”) provides its activities report for the quarter ended 30 June 2023.

Keep reading...Show less
Reach Resources

Outcropping Copper Gossan Delivers 33% Cu Assays At Morrissey Hill Project, Yinnetharra

Reach Resources Limited (ASX: RR1 & RR1O) (“Reach” or “the Company”) is pleased to announce that it has received high grade copper, gold and silver results up to 33% copper, 0.2g/t gold and 142g/t silver from its recently completed rock chip sampling program at the Company’s Morrissey Hill Project, Yinnetharra, W. A (Refer to Figure 4).

Keep reading...Show less
Reach Resources

Reach Resources’ Strategic Position Between Two of WA’s Mining Heavyweights

Reach Resources’ (ASX:RR1) strategic position with its Morrissey Hill project has placed the critical mineral explorer on the radar of two of Western Australia’s mining giants Delta Lithium (ASX:DLI) and Minerals 260 (ASX:MI6), according to an article published in The West Australian.

Keep reading...Show less
Reach Resources

Multiple New Lithium (LCT) Pegmatite Targets Confirmed

Reach Resources Limited (ASX: RR1 & RR1O) (“Reach” or “the Company”) engaged globally renowned geological consultants RSC Consultants Limited (RSC) to assess the potential of the Company’s Gascoyne projects for:

  • Lithium (Li): hard rock, high grade LCT Pegmatites
  • Rare Earth Elements, Heavy and Light (HREE; LREE): clay/hard rock hosted
  • Manganese (Mn): high grade strata bound, supergene, and• Precious and base metals (Au; Ag; Cu-Pb-Zn)
Keep reading...Show less
Allup Silica Limited

Pink Bark: Rare Earth, Kaolin and Uranium Potential

Allup Silica Limited (ASX: APS) (“Allup” or “Company”) is pleased to announce recent exploration results from its Pink Bark Project in southern WA has demonstrated the project’s potential for rare earth elements (REE), uranium, graphite and kaolin mineralisation.

Keep reading...Show less
ChemX Materials

September 2024 Quarterly Activities Report

ChemX Materials Limited (ASX:CMX) (ChemX or the Company), an Australian high purity critical materials company, is pleased to present its September 2024 quarterly report. The Company is developing its 100%- owned, HiPurA® process to produce High Purity Alumina (HPA) in Perth, Western Australia along with its High Purity Manganese (HPM) Project on the Eyre Peninsula in South Australia.

Keep reading...Show less
Heavy Rare Earths

Reconaissance Sampling Highlights Potential for Rare Earths and Scandium at Radium Hill

Heavy Rare Earths Limited (“HRE” or “the Company”) announces assay results from initial reference sampling at its Radium Hill project in South Australia. The Company recently announced it had acquired an 80% initial interest in the uranium rights on three projects from Havilah Resources Limited (Figure 1) (refer to ASX announcement 21 October 2024). These rights extend to rare earths (REE) and scandium (Sc) at Radium Hill.

Keep reading...Show less
CuFe Ltd

Strategic Copper and Gold Alliance for Tennant Creek

CuFe Limited (CuFe), Emmerson Resources Limited (Emmerson) and Tennant Minerals Limited (Tennant) (the Parties) are pleased to announce they have entered into a landmark Strategic Alliance Agreement to investigate the potential for development of a single, multi-user processing facility for Copper, Gold and Critical Metals for their Mineral Resources and recent high-grade exploration discoveries in the Tennant Creek region of the Northern Territory (see Figure 1).

Keep reading...Show less

Ucore Continues to Advance its US DoD Demonstration Project towards Louisiana REE Commercialization

Ucore Rare Metals Inc. (TSXV: UCU) (OTCQX: UURAF) ("Ucore" or the "Company") is pleased to update on its US$4 million Other Transaction Agreement (the "OTA") with the US Department of Defense (the "DoD"). The work is taking place at the Company's Commercialization and Demonstration Facility ("CDF") in Kingston, Ontario, utilizing its 52-Stage RapidSX™ Demonstration Plant ("Demo Plant") for the separation of mixed heavy and light rare earth elements ("REE") from a mixed rare earth oxide ("MREO").

Cannot view this image? Visit: https://images.newsfilecorp.com/files/1119/227691_figure1.jpg_550.jpg

Figure 1 - Ucore's 52-stage RapidSX™ Commercial Demo Plant in Kingston, Ontario (upper) and its Developing Louisiana SMC in Alexandria, Louisiana (lower)

News Provided by Newsfile via QuoteMedia

Keep reading...Show less
Business handshake.

St. George Signs MOU with SKI HongKong for Araxa Niobium Project

St. George Mining (ASX:SGQ) said on Monday (October 21) that it has entered into a non-binding memorandum of understanding (MOU) with global steel materials trading house SKI HongKong for a potential strategic partnership to advance the Araxa niobium-rare earths project, located in Brazil.

“The MoU establishes a general framework for collaboration on marketing, offtake and financing aspects of the project with the aim of progressing feasibility studies for a mine development,” the company said.

St. George announced plans to acquire Araxa in August, and shareholders voted in favor of the deal on October 8. Currently the company is working on the final steps required to complete the transaction.

Keep reading...Show less

Latest Press Releases

Related News

×