Lanthanein starts drilling for clay-hosted REEs at Murraydium
Lanthanein has started aircore drilling aimed at testing for clay-hosted rare earths at its Murraydium project in South Australia’s southeast.
Notably, the project is located within the same formation that hosts REEs in Australian Rare Earths’ (ASX:AR3) neighbouring Koppamurra project, which hosts a resource of 81.4Mt grading 785 parts per million (ppm) total rare earth oxides (TREO).
Lanthanein Resources’ (ASX:LNR) roadside drill program will include up to 307 holes to test the shallow Loxton Parilla Sands.
“We are very excited with the commencement of the roadside drilling program at the Murraydium Project in the South East of South Australia,” technical director Brian Thomas said.
“With the extensive community relations exercise finally complete we are now able to thoroughly investigate the exciting exploration opportunity in a region that is highly prospective for ionic clay hosted rare earth deposits.
“Previous work done in the region by AR3 has outlined an extensive mineralised system where shallow near surface exploration has the potential to delineate significant JORC Resources of REEs.”
Murraydium (EL6717) covers 872km2 in the Murray Basin, which is seeing continued activity in the exploration for REE minerals.
The Loxton Parilla Sands commonly form undulating sand ridges interspersed with low lying areas of clay, mud and sand.
Notably, the REE-bearing clays at Koppamurra occur within the lower part of the sand unit, which is very widely distributed across the southern Murray Basin.
This article was developed in collaboration with Lanthanein Resources (ASX:LNR), a Stockhead advertiser at the time of publishing.
This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.