The company identified high grade HREE's in quartz veins associated with Kapunda Mine’s copper mineralisation, with over 20% total rare earth oxides from one sample. This included 5.54% neodymium, 1.42% praseodymium, 0.20% europium and scandium up to 335ppm.
The HREE discovery represents another avenue for adding value to the Kapunda project, complementing Terramin’s copper focus in the area. HREE's have a substantially higher market value on a per kilogram basis than the more common light REE's.
THR Price at posting:
7.1¢ Sentiment: Buy Disclosure: Held