Northern Minerals Limited has advised on the exploration potential and near-term strategy for the Dazzler and Iceman prospects which are positioned less than 15 kilometres from the Browns Range Processing Plant in northern Western Australia.
Dazzler is located south of the Browns Range Pilot Plant, on the edge of a small scarp adjacent to a strong geochemical soil anomaly.
The prospect was first drilled in 2013, with seven RC drill holes completed at the base of the scarp slope. This drilling only intersected patchy mineralisation and the company believes that in its current interpretation, that it was only drilled below the base of the main mineralisation.
For the Dazzler prospect, Northern Minerals views an Exploration Target of 80,000 tonnes to 140,000 tonnes at a grade range of 2 – 4 per cent Total Rare Earth Oxides (TREO) for a total of 1,600,000kg to 5,600,000kg contained TREO.
Meanwhile, the Iceman prospect is located approximately 400 metres along strike to the southeast of Dazzler.
Northern Minerals completed drilling earlier in the year at Iceman – comprising nine holes for 754 metres – which was targeted on the edge of a small scarp adjacent to a strong geochemical soil anomaly.
The prospect is estimated to hold an Exploration Target of 15,000 tonnes to 30,000 tonnes at a grade range of 2 – 4 per cent TREO for a total of 300,000kg to 1,200,000kg contained TREO.
Yet it is important to note that these are merely estimates by the company, as presently there has been insufficient exploration to determine a Mineral Resource and there is no certainty that further exploration work would result in the determination of a Mineral Resource.
Both Exploration Targets are predominantly based upon the assay results from RC drilling completed earlier this year and reported in September.
“Following the successful recommencement of exploration drilling at Browns Range in 2018, we discovered the Dazzler and Iceman deposits in the initial program,” Managing Director and CEO, George Bauk said.
“These are both high-priority targets due to the very high grades and proximity to the Browns Range processing facility.”
“We aim to convert these deposits up to Mineral Resources in early 2019 as an inexpensive way of materially adding value to the project,” Mr Bauk commented.
Moving forward, Northern Minerals intends to carry out further drilling at the Iceman prospect after drilling has been completed at Dazzler.
The entire ‘corridor’ between the Dazzler and Iceman prospects and beyond is considered highly prospective for similar mineralisation and will be drill tested later in 2019.
More information on this announcement can be found here.
