EMU NL (ASX:EMU) has applied for two highly prospective REE tenement packages in Western Australia to complement its recently acquired Georgetown, prospective rare earth exploration ground in Queensland.
Highlights
Condingup Project (385 sq. km)
• New exploration tenement applications at Condingup, near Esperance WA
• Condingup, clay hosted, REE (Rare Earth Elements) Project situated over
favourable structural settings within the prospective Booanya Granite suite
• Situated just 35kms SE of Aplinter Rock Project which is achieving success in similar setting within the enriched Booanya Granite suite
• Single Geoscience WA (GSWA) sample result showed significantly elevated, 1047ppm Total Rare Earth Oxides (TREO).
• Project 60kms to Esperance port and essential infrastructure via sealed roads
• Esperance projected to become a central hub for major renewable energy and green hydrogen production
• Targeting clay hosted REE deposit offering potential large-scale low-cost mining opportunities
Merredin Project (88 sq. km)
• New REE tenement application 30kms north of Merredin (WA Wheatbelt)
• 2 GSWA highly anomalous, elevated REE samples 1381ppm and 1000ppm TREO.
• Samples were recovered over prospective granite lithology within a north trending structural fault package.
Georgetown Project (850 sq. km)
• REE potential recognised by University of Queensland’s Sustainable Minerals Institute.
• Fiery Creek and Georgetown tenements overlay REE prospectively which is related to the potential zones for (REE bearing) Iron-Oxide-Copper-Gold (IOCG) deposits which is further supported by moderate stream sediment anomalism
• Easily accessed vis sealed roads and in a well-regarded exploration/mining jurisdiction
The WA projects were identified from GSWA evaluation of high value mineral occurrences of TREO near Esperance WA and Merredin WA. The Condingup Project, Esperance, is located within the highly desirable Booanya Granite suite which has recently been ecognised for its enrichment for rare earth elements. The tenement package is further defined by prospective, favourable geological structures.
The Merredin REE Project is located 30kms north of Merredin WA. Two GSWA samples taken from within tenement package reported highly anomalous results, 1381ppm and 1000ppm TREO. The north trending structural fault setting provides further indication of prospectivity for REE exploration over the 88 square kilometre tenement application.
EMU’s WA REE projects add to the recent Georgetown Project (earn in JV) acquisition.
The prospectivity of REE at Georgetown has been further highlighted by University of Queensland Sustainable Minerals Institute, August 2021 report. The report outlines the potential zones for REE bearing IOCG deposits which are interpreted to overlie portions the
Georgetown and Fiery Creek Exploration Mineral Tenements.
The Georgetown tenement areas provide EMU with strong untested potential for the discovery of REE mineralisation. The report refers to the area as possessing strong mineral system indicators as well as anomalous REE in coarse and fine stream sediments. Whilst the Georgetown Project is endowed with a significant suite of other minerals and metals, its prospectivity for REE cannot be discounted and will represent a component of EMU’s focussed exploration programmes in the coming months.
Other Projects
EMU continues to work at its existing Gold, Nickel, Copper, PGE projects in WA. RC drilling programmes at Graceland and Viper projects are scheduled within the next few weeks and a soils and electromagnetic survey are programmed for the Sunfire project subject to final approvals from DBCA. Multielement assays, testing high grade tungsten occurrences at Badja Project, are currently being processed.
For further information please visit: https://www.emunl.com.au/
