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    Hastings Technology Metals updates Yangibana Rare Earth Project resources

    2017-10-12 15:31:57   [Print]
    BEIJING (Asian metal) 12 Oct 17 - On October 12, Australian-based Hastings Technology Metals Limited advised that the Yangibana JORC Resources now exceed 20.Asian Metal CopyrightBEIJING Asian metal 12 Oct 17 - On October 12, Australian-based Hastings Technology Metals Limited advised that the Yangibana JORC Resources now exceed 20.Asian Metal Copyright5 million tones, including measured resources of 3,792,000 tones, indicated resources of 8,240,000 tones and inferred resources of 8,527,000 tones.Asian Metal Copyright The resources estimation for Yangibana North deposit totaled 3,428,000 tones including measured resources of 871,000 tones, indicated resources of 1,925,000 tones and inferred resources of 632,000 tones.Asian Metal Copyright The updated resources include recent results from the Company’s 2017 drilling program, including reverse circulation drilling at two new targets, Yangibana and Simon’s Find.Asian Metal Copyright .Asian Metal Copyright These deposits were not included in the Company’s July 2017 JORC Resource estimate.

    The new resource report includes the first estimation for the Yangibana deposit. New Resources at Yangibana Deposit totaled 2.Asian Metal Copyright The new resource report includes the first estimation for the Yangibana deposit.Asian Metal Copyright17 million tonnes at 0.Asian Metal Copyright Recent infill drilling has upgraded a significant portion of the Yangibana North deposit 70% owned from Indicated to Measured Resource category.Asian Metal Copyright84%TREO including indicated resources of 1,318,000 tones and inferred resources of 851,000 tones.

    The first resource estimation for the Simon’s Find deposit was 1.31 million tonnes at 0.Asian Metal Copyright The first resource estimation for the Simon’s Find deposit was 1.Asian Metal Copyright66%TREO including indicated resources of 454,000 tones and inferred resources of 855,000 tones.

    Recent infill drilling has upgraded a significant portion of the Yangibana North deposit (70% owned) from Indicated to Measured Resource category. The resources estimation for Yangibana North deposit totaled 3,428,000 tones including measured resources of 871,000 tones, indicated resources of 1,925,000 tones and inferred resources of 632,000 tones.

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