Desert Metals Limited (ASX: DM1) has received a further batch of high-grade results from its Rare Earth Element discovery at Innouendy in Western Australia.
The current batch of results include assays from the Innouendy Central zone, the Cattle Yard Prospect (3.5km SW of Innouendy) and two new zones 1.5km and 3.5km SW of the Cattle Yards. Assays continue to confirm the widespread, thick, and continuous nature of REE mineralisation across the Project.
Only partial results (only the elements Ce+La+Y) have been received from the new zones to date with indications that once full TREO results are received these may form a contiguous block of over 7kms with the mineralisation intersected to the northeast. This block remains open in all directions.
Full results have now been received from 205 of 313 air core holes from the recent aircore drilling programme with the remainder expected within weeks.
Significant Total Rare Earth Oxide (TREO) intersections include:
o 29m @ 1371 ppm from 28m (incl 16m @ 1829 ppm, incl 4 @ 2589 ppm), hole
INAC310
o 12m@1154ppmfrom40m,holeINAC213
o 11m @ 1002 ppm from 24m, hole INAC160
o 7m @ 1200 ppm from 16m, hole INAC161
o 5m @ 1240 ppm from 12m, hole INAC162
o 8m @ 1773 ppm from 36m, hole INAC172
o 24m @ 799 ppm from surface (incl 8m @ 1166ppm), hole INAC159 o 22m @ 816 ppm from 24m (incl 4m @ 2213 ppm), hole INAC210
The company is planning for a major drilling campaign to further define the extent and continuity of the REE mineralisation at the Innouendy Project. In addition, a substantial program of leachability assays, ore characterisation and metallurgical test work is commencing.
“The Innouendy Project is fast becoming an exceptional, multi-commodity, new economy, critical minerals discovery,” Managing Director, Rob Stuart, said.
“These latest results confirm that the clay-hosted rare earth mineralisation within in the Innouendy Central Zone is thick, continuous, high-grade, and open. Close drill hole spacing within the Central Zone is sufficient to give confidence in the continuity between holes and the regional step out traverses indicate the potential for enormous scale.
“With the extensive airborne electromagnetic data collected in 2021 the company has the both the data and the expertise to fast refine its REE targeting techniques.
“We look forward to uncovering even higher grades, thicker clays and building the size of the discovery. With the recently announced nickel and PGE intercepts and the confirmation of this substantial REE discovery, there is no reason to think the best part of Innouendy has been found.”
For further information please visit: https://www.desertmetals.com.au/
