Results from this initial program at Fraser South show a high degree of rare earth element (REE) enrichment in the clay and saprolite zones, demonstrating there is ample opportunity to expand mineralisation.

The program, which consisted of a single traverse of 35 shallow aircore holes for a total of 935m, tested across an extensive 15km zone of variably weathered and metamorphosed granites along the interpreted southern structural extension of the western margin of the Albany-Fraser Belt.

Wide zones of rare earth element (REE) saprolite enrichment was identified with results including 26m at 1,526ppm TREO from 16m, including 8m at 2,101ppm TREO from 32m and 13m at 1,202ppm TREO from 36m, including 5m at 2,298ppm TREO from 44m.

The most significant zone of mineralisation is seen in five consecutive 400m spaced hole over a 2km wide zone of deep weathering across the NNE striking REE-bearing Booanya Granite.

This zone has been named the Bozwood prospect with results returning 13m at 1,202ppm TREO from 36m and 26m at 1,526ppm TREO from 16m, including 8m at 3,101ppm TREO from 32m.

REE potential confirmed with room to grow

Metal Hawk (ASX:MHK) managing director Will Belbin says the company is pleased to see high grades and excellent thicknesses of REE mineralisation.

“The initial 35-hole aircore campaign has demonstrated the REE potential of this project,” he explains.

“With our very large tenement holding positioned directly over these fertile granites, there is ample opportunity to expand and discover new additional broad zones of mineralisation.”

What’s on the horizon?

Next steps involve the collection of single metre high grade mineralised samples to send to the laboratory for further analysis.

Select mineralised samples will be submitted for initial metallurgical testwork to help determine the potential soluble REEs within the saprolitic material.

Following this work, Metal Hawk will assess its options to advance the project with the next stage of exploration drilling.




This article was developed in collaboration with Metal Hawk, 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.