Krakatoa Resources Ltd (ASX:KTA) CEO Mark Major tells Proactive the company is confident it has hit upon a new clay-hosted rare earth element (REE) province at the Rand Project in the Riverina of southern NSW. A first-pass aircore drill campaign consisting of twenty-seven vertical aircore holes over 1,319 metres tested new, high-priority REE targets at project and defined anomalous REEs hosted in clay-weathered granites at shallow depths.
Krakatoa welcomes new REE discovery at Rand project
