Lanthanein Resources Ltd (ASX:LNR) has kicked off a roadside aircore drilling program targeting rare earth (REE) mineralisation at Bordertown Block within the Murraydium Project in South Australia's southeast.
The company’s drill program comprises up to 307 holes, investigating exploration opportunities in a region that is highly prospective for ionic clay-hosted rare earth deposits.
Situated in the Loxton Parilla Sands, this region is seeing continued activity in the exploration for REE minerals with the success of Australian Rare Earths Ltd (AR3) at the 100%-owned Koppamurra Project, host to a resource of 81.4 million tonnes at 785 ppm TREO.
The Loxton Parilla Sands is a very extensive unit widely distributed across the southern Murray Basin, which is exposed at the surface within the Bordertown Block where it typically forms rolling terrain of low sandy hills and ridges.
“Exciting exploration opportunity”
Lanthanein technical director Brian Thomas said: “We are very excited with the commencement of the roadside drilling program at the Murraydium Project in the southeast of South Australia.
With the extensive community relations exercise finally complete we are now able to thoroughly investigate the exciting exploration opportunity in a region that is highly prospective for ionic clay-hosted rare earth deposits.
Previous work done in the region by AR3 has outlined an extensive mineralised system where shallow near-surface exploration has the potential to delineate significant JORC resources of REEs.”
About the project
Murraydium Project is in the south‐eastern region of South Australia with EL 6717 covering an area of 872 square kilometres of the Murray Basin.
The project area forms part of an extensive Tertiary strand plain comprising a series of sandstone‐dominant fluvial and beach‐dune strand complexes.
These sand units commonly form undulating sand ridges interspersed with low-lying areas of clay, mud and sand.
The Koppamurra Deposit of REE‐bearing clays that contain the Yellow Tail and Red Tail deposits occurs within the lower part of the Loxton‐Parilla Sands unit.