EXPLORATION & DEVELOPMENT

Lynas's drilling confirms deep, lower grade rare earth mineralisation

LYNAS Rare Earths' deep drilling of its world-class Mt Weld deposit in Western Australia is said to have confirmed continuous mineralisation, albeit on a headline basis the average grade over the 1020m of drill core is well below the current ore reserve grade.

Lynas' Mt Weld mine in WA

Lynas' Mt Weld mine in WA

Mt Weld's total rare earth oxide grades 8.1% for the 18.3 million tonnes of current open pit ore reserves, versus the average 2.22% rare earth oxide reported in the drill core. Still, Lynas said the...

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