April 30, 2012 (Source: ASX) — Highlights
Rare Earths
Browns Range Heavy Rare Earths Project
Outstanding Diamond Drilling results confirm and extend total
rare earth oxide (TREO) mineralisation at Wolverine, with
intersections up to 28m @ 1.77% TREO and 47m @ 0.82% TREO
Metallurgical testing confirms simple and low cost processing to
produce high grade yttrium and dysprosium-rich xenotime
concentrates
High recoveries of yttrium (>80%) using magnetic separation as the
primary beneficiation technique followed by simple flotation
Prices for yttrium increase up to 45% driven by demand for
phosphors
Initial operating costs studies complete, confirming robust project
economics
Regional geochemical testing identifies two new high grade HREE
(Heavy Rare Earth Elements) targets, confirming prospectivity of
the region and further growth potential.
How Does Great Western Minerals Update Compare to the Browns Range Heavy Rare Earths Project?
How Does the Browns Range Heavy Rare Earths Project Compare to the Great Western Minerals Contender in the Race to Rare Earth Vertical Integration?
The Browns Range Heavy Rare Earths Project is on a par with the great western minerals contender in the race to rare earth vertical integration. Both projects hold promise in the development of rare earth resources, making them viable contenders in the industry. It will be interesting to see how they compare in the long run.
What are the similarities and differences between the Browns Range Heavy Rare Earths Project and the Gippsland Zircon-Rutile HMS Project?
The Browns Range Heavy Rare Earths Project and the Gippsland Zircon-Rutile HMS Project are both mining projects with a focus on extracting valuable resources from the earth. While the Browns Range project concentrates on rare earth elements, the Gippsland project targets zircon and rutile. Both projects are set to make an impact in the maiden heavy mineral sands industry.
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