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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.

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