Chasing more rare earths in Barkly North

Rare earth elements.

Chase Mining Corporation has expanded its Barkly North Rare Earths Project in the Northern Territory.

It has applied for two adjoining Exploration Licences (EL) to the northwest to secure a 160-kilometre stretch of the rare earths trend revealed by a Geoscience Australia-conducted North Australian geochemical survey.

Chase is an Australian-based mineral exploration and development company with projects in Australia and Canada.

The company management and consultants said the “extraordinary trend in stream sediment rare earths anomalism” at the project was caused by a previously unrecognised ionic clay-hosted rare earths mineralisation.

Further west, within the new EL applications, the detailed gravity survey outlined other gravity targets, some of which are magnetic.

The adjacent or combined magnetic and gravity responses are typical of iron-oxide-copper-gold (IOCG) styles of mineralisation, which could alternatively represent intrusive bodies, with mineralisation on the contacts with carbonate sediments.

Chase plans to firstly conduct more surface sampling throughout the project area once granted, in order to better define and identify the sources of the rare earths.

It is anticipated that a program of shallow drilling traverses will then allow the confirmation of a mineral resource.

About Ray Chan

Editor of industrial titles and mastheads with Prime Creative Media. Publications include Rail Express and Australian Mining (web content).

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