The Board of Enterprise Minerals (ASX: VMS) is happy to announce the primary batch of assay outcomes from current drilling on the 70%-owned, clay-hosted Jupiter Uncommon Earths Undertaking.
HIGHLIGHTS
The most recent drill outcomes embody the best REE intersection to this point, 80 metres at 1,839 ppm TREO1 from 8 metres beneath floor
- Constant high-grade zones proceed with +2,000 ppm TREO over 20-30m widths
- Excessive-grade zones inside broader zones as much as 80m grading effectively over 1,000 ppm TREO
- Magnet Uncommon Earth Oxides (MREO2) proceed to common 23% in samples over +1,000 ppm TREO
- Thorium and Uranium persistently stay extraordinarily low
- Outcomes proceed to validate the geophysics over the 40 km2 goal
- These newest drill outcomes embody 6 of the highest 13 intersections acquired to this point (BRAC091,092,093,096,097,114)
- Drill program brings the drill density right down to 500m x 250m spacing throughout the 40 km2 goal
- Assay outcomes signify first 59 holes from the not too long ago accomplished 246 Aircore drill program
- Assays outcomes from 187 holes pending
Managing Director, Philippa Leggat, stated
“The good intersections simply carry on coming at Jupiter! One other batch of drilling outcomes and one other report clay-hosted REE drill intersection. It’s unbelievable to see infill drilling proceed to ship such constant outcomes, with impressively broad zones of high-grade mineralisation confirmed in hole-after- gap. That is the sort of substance that builds a significant challenge.
“Now we have an unimaginable crew engaged on Jupiter, led by skilled geologist Dr Stuart Owen. Dr Natalee Bonnici (ex IGO and Northern Star) is a geo-metallurgist who not too long ago joined our crew, bringing her specialist abilities to our understanding of the mineralisation at Jupiter. Their work is the inspiration meaning our metallurgical work might be completed on consultant samples. We’re doing the work the correct method, as a result of this challenge is simply too large and too good to be wasted on short-cuts.
Jupiter’s scale, grade and tier 1 location all play into the strategic nature of this discovery. They infer the unimaginable potential which attracted Nick Cernotta and Tim Lindley to hitch the Board. This potential is the premise for our imaginative and prescient to restructure the Firm to turn out to be among the finest uncommon earths and significant minerals corporations in Australia, whereas delivering significant shareholder worth.”
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