Hi Ausheds,Indicated and Inferred TREO at Cattle Creek and...

Hi Ausheds,

Indicated and Inferred TREO at Cattle Creek and Western Creek in the Charlie Creek Alluvium fans is 114,050 tonnes (indicated) and 121,100 tonnes (inferred). A total of 235,150 tonnes TREO.

But, 'The Western Dam and Cattle Creek areas within which these Resources have been estimated represent less than 5% of the total area of potentially mineralised alluvial outwash within Crossland’s tenements.' (ASX Announcement 15 May 2012).

Extrapolating the 5% to 100% the inferred resource goes from 235,150 tonnes to 4,703,000 tonnes of TREO.

The total of the rare earths at Mt Weld is 7.9% of 23.941million tonnes of ore (Resource estimates, Lynas Web page). This equates to 1,891,339 tonnes of TREO.

In terms of size of resource I think Charlie Creek could easily give Mt Weld a run for it's money. Possibly better than 2:1.

Cheers