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Heavy Rare Earths’ heritage clearance sets Radium Hill on the starting line

Shallow drilling planned along an 8km uranium, rare earths and scandium corridorHRE has submitted a PEPR, including a radiation management planANSTO is working with HRE to assess potential processing routesSpecial Report…

Heavy Rare Earths’ heritage clearance sets Radium Hill on the starting line
  • Shallow drilling planned along an 8km uranium, rare earths and scandium corridor
  • HRE has submitted a PEPR, including a radiation management plan
  • ANSTO is working with HRE to assess potential processing routes

Special Report:Heavy Rare Earths has cleared a key cultural heritage milestone at its Radium Hill project in South Australia, bringing it closer to maiden drilling across an 8km corridor prospective for uranium, rare earths and scandium.

The survey ran from October 12 to 14 with representatives of the Wilyakali Native Title Aboriginal Corporation, an anthropologist, an archaeologist and HRE personnel.

Heavy Rare Earths (ASX:HRE) has also submitted its Program for Environment Protection and Rehabilitation (PEPR), including a radiation management plan, to South Australia’s Department for Energy and Mining.

Initial feedback has been received and the company is working with the department as the application progresses.

Planning is underway for a maiden shallow reverse circulation program along the Bonython Critical Minerals Corridor.

“Once it’s approved, we’ll start a maiden shallow RC program along the Bonython Corridor. This will be the first drilling at Radium Hill to assay for the full suite of critical minerals,” managing director Jason Barnett said.

Eight kilometres of critical minerals potential

Radium Hill sits on the southern margin of the Curnamona Province, about 90km southwest of Broken Hill and along strike from the historic Radium Hill uranium mine.

Sampling has identified uranium, rare earths, yttrium and scandium mineralisation along an interpreted 8km corridor extending northeast from the mine.

Previously reported surface samples across the project returned up to 0.36% U₃O₈, 1.26% total rare earth oxides (TREO), 2,236ppm yttrium oxide (Y₂O₃) and 959ppm scandium oxide (Sc₂O₃).

At the Railway prospect, about 100m along strike from the mine, samples returned 0.36% U₃O₈, 1.26% TREO and 253ppm Sc₂O₃.

The planned RC program will target known structural corridors of vein-hosted mineralisation and interpreted prospective areas beneath cover.

HRE is using earlier airborne geophysics and surface sampling to refine its drill targets.

The nearby historical mine, which also happens to be Australia’s first uranium mine, produced 1.9 million pounds of uranium oxide between 1954 and 1961, as well as 135kg of scandium oxide.

Historical drilling measured uranium anomalism with downhole gamma probes, but the drill material was not chemically assayed for the full suite of uranium and other critical minerals.

HRE’s amended agreement with Havilah Resources brought scandium, yttrium and rare earth rights into its earn-in alongside uranium.

Heavy Rare Earths is also working with the Australian Nuclear Science and Technology Organisation to understand and potentially improve processing routes for material from Radium Hill.

This article was developed in collaboration with Heavy Rare Earths, a Stockhead advertiser at the time of publishing.

This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.

The post Heavy Rare Earths’ heritage clearance sets Radium Hill on the starting line appeared first on Stockhead.

Source: Stockhead — Australian Stock Market ↗

Figures reflect the source report and its stated period. This article is for information and is not investment advice.