Terrain Minerals Limited (ASX: TMX) has reported impressive results from reconnaissance drilling at its Lort River Project, located near Esperance in Western Australia, intersecting high-grade rare-earth mineralisation approaching 1% total rare earth oxide (TREO).
Key Highlights:
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Significant intersections include:
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8 metres @ 4,037ppm TREO from 23 metres downhole, including:
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1 metre @ 9,842ppm (0.98%) TREO
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1 metre @ 9,022ppm (0.90%) TREO
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Notably high concentrations of in-demand magnet rare earth elements (REEs), including neodymium (Nd2O3) up to 2,362ppm and praseodymium (Pr6O11) up to 647ppm.