Mount Ridley Mines LimitedASX: MRD

Metallurgical Review Supports HREE at Mount Ridley

· Issued by Mount Ridley Mines Limited

Filed with ASX · · 27 pages · English

Summary by 6ix AI

Mount Ridley Mines Limited has released a report detailing historical metallurgical testwork that supports the development of heavy rare earth elements at the Grass Patch Complex, confirming strong leach responses. The results indicate that heavy rare earth recoveries can reach significant levels under conventional processing conditions, providing a solid foundation for further metallurgical optimization. The report highlights the potential for the project to contribute to the supply chain for strategic metals, particularly given the favorable extraction characteristics of the mineralization. Mount Ridley plans to incorporate additional minerals such as scandium and gallium into its development program, enhancing project economics.

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