First 24 holes all intersect near-surface REE mineralisation
Filed with ASX · · 12 pages · English
Summary by 6ix AI
Magnum Mining and Exploration Limited has released results from its ongoing drilling program at the Piracanjuba North area, confirming that all initial holes intersected near-surface rare earth element mineralization. The results indicate significant desorption rates for total rare earth oxides and medium rare earth oxides under initial testing conditions, suggesting strong leachability. The company plans to continue reporting assay results as the drilling program progresses, aiming to establish an Exploration Target and a JORC Resource in the coming months.
Written by 6ix AI from the company’s filing. How 6ix writes summaries
Magnum Mining and Exploration Limited on 6ix
Story so far
Earlier from Magnum Mining and Exploration
- MGU significantly expands footprint around iac REE discovery
- Magnum completes OTCID submissions
- Magnum advances iac REE discovery at Piracanjuba
- Chair's Address to Shareholders
- New managing director to lead Magnum growth
Later from Magnum Mining and Exploration
- Large eTh pathfinder footprint at wet mountain REE project
- Integrated geophysics moves parker towards initial drilling
- Mineralised footprint grows with compelling REE desorption
- Jack lifton joins Magnum Mining
- Piracanjuba North delivers strong REE results
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