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Exploring For Unconformity-Related REE Deposits
The Australian Rare Earth Conference, 1 November 2022
A DIVERSIFIED, WELL-FUNDED EXPLORER
Unlocking new Rare Earths and gold discoveries
- Specialist team – proven track record of Rare Earth Elements (REE) discovery and development
- Focused on the greenfields Tanami REE Project, WA:
- 18km long corridor with strong potential for a major new unconformity-hosted heavy REE discovery
- Watts Rise and Castella prospects (Killi Killi), rock chip assays up to12.45% TREO
- HREE mineralogy confirmed as xenotime– Significant high-grade gold potential
- Maiden drill program completed in September this year:
- ~10,000m of RC complete, ~16,000m of AC drilling complete
- Widespread REE mineralisation in initial RC drilling
- Gold drill results up to 8m @ 2.58 g/t Au
WHAT ARE UNCONFORMITY-RELATED REE DEPOSITS (“HURREE”)
Similar geological setting to unconformity-related uranium deposits of Australia and Canada
- HURREE model first proposed by Nazar-Dehkordi et al, 2018 based on Browns Range
- Best known examples at Browns Range – e.g. Wolverine and Gambit deposits
- Browns Range – xenotime-rich veins and breccias
- Watts Rise/Castella (Killi Killi) – xenotime disseminated, in stratiform horizons, or within veins and breccias close to regional unconformity between Palaeoproterozic Killi Killi Formation and overlying younger Pargee Sandstone
- Maw Zone, Athabasca Basin, Canada (Rabiei et al, 2017) – xenotime in brecciated sandstones above regional unconformity
Click here for the full ASX Release
This article includes content from PVW 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.
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