Sign up UNITED KINGDOM
Proactive Investors - Run By Investors For Investors

Rare Earth Minerals PLC increases Yangibana footprint

Rare Earth has a 30% carried interest in the Yangibana North prospect with its partner, Aussie group Hastings Rare Metals, owning the remainder.
Rare Earth Minerals PLC increases Yangibana footprint
The Bald Hill North and Yangibana prospects are now part of REM's joint venture

Lithium junior Rare Earth Minerals plc’s (LON:REM) joint venture partner at Yangibana has extended its footprint at the  Western Australian project.

Rare Earth has a 30% carried interest in the Yangibana North prospect with its partner, Aussie group Hastings Rare Metals, owning the remainder.

Additional mining leases have now been granted to the joint venture over the Bald Hill North and Yangibana prospects (M 09/161 and M 09/163 respectively).

A Pre-Feasibility Study started early last year across Yangibana is nearing completion, with processing test work is advanced and infrastructure sites selected for all major components.

Mine designs based on optimised open pits and waste dumps have been designed on ML N/159 (Yangibana North), REM added.

PhilW.jpg
Why Invest In Cadence Minerals Plc? Read More Here

Register here to be notified of future KDNC Company articles
View full KDNC profile View Profile

Cadence Minerals Plc Timeline

Related Articles

Lithium---periodic-table.jpg
May 25 2017
Cadence's portfolio of lithium assets provides investors with exposure to several top-tier assets

© Proactive Investors 2017

Proactive Investor UK Limited, trading as “Proactiveinvestors United Kingdom”, is Authorised and regulated by the Financial Conduct Authority.
Registered in England with Company Registration number 05639690. Group VAT registration number 872070825 FCA Registration number 559082. You can contact us here.

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use