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News > ASX Announcement - Very Encouraging Early Results Give Strong Indication as to the Existence of Anomalous Niobium and Rare Earth Mineralization.
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Rock chip sampling at Sophie Downs returned very encouraging results giving indications of highly anomalous Niobium and Rare Earth mineralisation.
Results include 1532ppm, 1324ppm & 1301ppm Niobium & 1244ppm Cerium & 1158ppm Lanthanum.
Metminco recently commenced field investigation work over the Sophie Downs Project. Initial geophysical interpretation of radiometric data highlighted an area of elevated thorium in the south western part of the exploration licence. At this location a number of rock chip samples were collected from a rare earth occurrence, previously discovered in the 1980’s. Geochemical analysis revealed that the site contains rare earth mineralisation, associated with both niobium and thorium.
These very encouraging early results, tabulated below, give strong indication as to the existence of anomalous niobium and rare earth mineralization. The mineralisation has similarities with the Brockman Rare Earth Deposit, which lies 15 kilometres to the south on the same structural trend, which has measured resource of 4.3 million tonnes @ 0.44% Nb2O5 (3075ppm Nb Eq) and 900ppm Rare Earth Oxides.
Date: Tuesday 16 Jun 2009
