Large-scale drill programme launched at iac REE discovery
Filed with ASX · · 7 pages · English
Summary by 6ix AI
Magnum Mining and Exploration Limited has announced the launch of a large-scale drilling program at the Piracanjuba prospect within its Azimuth Rare Earth Element Project in Brazil. The drilling aims to explore the potential of Ionic Adsorption Clay hosted rare earth elements, with initial assays showing promising results. The company expects to release an Exploration Target by September and a JORC-compliant Mineral Resource Estimate by November.
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
- Multiple overlimit assays confirm up to 178 g/t gold
- Multiple assays exceed 100g/t Au & up to 18.35% Cu
- Trading Halt
- Extensive auger drilling to follow-up iac discovery
- Multiple continuous mineralised trends defined at Parker
Later from Magnum Mining and Exploration
- New managing director to lead Magnum growth
- Chair's Address to Shareholders
- Magnum advances iac REE discovery at Piracanjuba
- Magnum completes OTCID submissions
- MGU significantly expands footprint around iac REE discovery
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