MTM sets out to expand REE mineralised areas at its East Laverton project
Mining
Mining
MTM Critical Minerals is extending the geochemical soil sampling program at its Pt Kidman prospect, part of the East Laverton project in WA, with the aim of identifying additional surface rare earth element (REE) anomalies.
The company has previously used surface geochemical sampling to identify REE anomalies at Pt Kidman, and subsequent aircore drilling has confirmed that significant zones of shallow, laterally continuous clay-hosted REE mineralisation is associated with these anomalies.
The planned expansion to the soil sampling program will extend the geochemical coverage in the Pt Kidman prospect area, incorporating areas that have limited prior exploration.
The company anticipates the program should be completed over the next 4 to 6 weeks, with follow up air-core drilling proposed to test any new anomalies.
“Soil sampling has proven to be a very effective and rapid way to assess ground for REE anomalies at the Pt Kidman prospect,” MTM Critical Minerals (ASX:MTM) MD Lachlan Reynolds said.
“We expect the survey will generate new targets for drill testing within what we recognise as a district-scale development of clay-hosted REE mineralisation.
“Our exploration team has mobilised to Laverton and the sampling work has commenced on the ground.
“We look forward to providing shareholders with updates as the work progresses and results are received.”
This article was developed in collaboration with MTM Critical Minerals, 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.