Gilbert River Rare Earths Project, North Queensland - (100% CUU)
Reconnaissance follow up of radiometric anomalies within EPM 16256 found the radiometric response was due to heavy mineral concentrates in basal Jurassic sandstones. Samples of these often ferruginous sands returned very high rare earth elements with moderate uranium values up to 311ppm U3O8. These initial assays were above detection limit on some elements and subsequent re-assay of these samples for rare earth elements (REEs) returned highly anomalous results with 7 of the samples returning over 0.5% total rare earth oxides (TREOs) and some as high as 1.93% TREOs despite the fact that not all of the 17 Rare Earth Elements were assayed for.
At this stage the strike extent of the unit and the mineralised section are unknown. Further work is required to map out the mineralised unit and sample it for its entire outcrop extent to understand the size potential of the REE mineralisation. There are several other areas containing untested radiometric anomalies associated with the younger sandstones that are yet to be followed up.
Exploration Strategy:
- Further reconnaissance mapping and sampling to understand the extent of the mineralised horizons.
- Petrology to determine the nature of the minerlisation and its potential for economic processing/concentrating.
- Follow up other radiometric anomalies in the area.
- Drill testing using shallow RAB holes (pending results to this point).
