Mount Ridley Mines LimitedASX: MRD

Grass Patch Rare Earths Confirmed to be Hosted in Phosphates

· Issued by Mount Ridley Mines Limited

Filed with ASX · · 13 pages · English

Summary by 6ix AI

Mount Ridley Mines Limited reports on the results of a TIMA study confirming that rare earth elements at Grass Patch are hosted in discrete phosphate minerals, which is crucial for developing the processing strategy. The study identified three distinct rare earth phosphate minerals, indicating a potential pathway for concentrating rare earths before leaching, which could enhance the efficiency of the extraction process. The company plans to fast-track flotation testwork to explore this beneficiation opportunity further.

Written by 6ix AI from the company’s filing. How 6ix writes summaries

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