Hastings Rare Metals’ (ASX: HAS) will discuss the progress made at its Hastings Rare Metals and Heavy Rare Earths Project at the “Stars in 2013 Series” in Sydney on Wednesday 13 February 2013.
Recent reconnaissance mapping and sampling at the project had recovered high heavy rare earth (HREO) to total rare earth (TREO) ratios from the southern extension.
HREO to TREO ratios for the four recent samples ranged from 87% to 92%, higher than the figure of 84% returned from the composite sample from the resource zone.
Significantly, this also provides the potential to increase rare earth and rare metals mineralisation beyond current resources.
Hastings plans to undertake more detailed mapping and sampling of the southern extension at the completion of the current rainy season.
The Hastings Project currently hosts an Indicated and Inferred JORC Resource of 36.2 million tonnes at 0.21% total rare earths (TREO), including 0.18% heavy rare earths (HREO), plus 0.89% ZrO2 and 0.35% Nb2O5.
It is the largest heavy rare earth project in Australia, and ranks fourth largest globally.
The project has resources for +25 years at 1 million tonnes per annum, to produce over 10,000 tonnes per annum (tpa), including heavy rare earths – 140tpa Dysprosium oxide (equating to 10% of world supply), 830tpa Yttrium oxide (equating to 6% of world supply), and 590tpa mixed rare earth oxide, along with 2,630tpa Niobium oxide and 6,170tpa Zirconium oxide.
THE EVENT
Start time: 5:30pm - Please arrive by 5:15pm.
Date: Wednesday 13th February 2013
Place: Radisson Blu Hotel - Cnr Pitt & O'Connell Street
Five exciting companies presenting, three Lucky Door Prizes which is then followed by a wine and canapé reception where you can personally interact with the presenting MD's & CEOs.
The event is FREE to attend but make sure you REGISTER today as the seats are filling quickly, already.
LUCKY DOOR PRIZE: All attendees instantly go into the draw to win 1 of 3 lucky door prizes (including Early Bird Prize) drawn on the night: $100 Apple Voucher (Early Bird), $100 Ticketek Voucher, or a $100 Radisson Blu Hotel Voucher.
FULL PRESENTER LIST
Vmoto (ASX:VTM) specialises in high quality "green" electric powered scooters and manufactures a range of western designed electric (and some petrol) scooters from its low cost manufacturing facilities in Nanjng, China.
Image Resources (ASX: IMA) is a diversified mineral explorer with a major landholding and an expanding mineral sands resource base in the North Perth Basin of Western Australia. The company also has major mineral sands projects in the Eucla Basin.
Dart Mining (ASX: DTM) flagship Unicorn project in Victoria is a molybdenum / copper / silver porphyry, which has similar geological characteristics to the world class Henderson Climax style primary molybdenum porphyry mine in Colorado, U.S.
Hastings Rare Metals (ASX: HAS) is a leading Australian rare earths company, with the company's Hastings deposit differentiating itself from other projects due to containing 85% heavy rare earth oxides to total rare earth oxides. The company has recently been attracting investment from Asia.
Cullen Resources (ASX: CUL) is hunting for gold and nickel deposits in the Mt Eureka Greenstone Belt, including ground adjoining and along strike of a new nickel sulphide discovery reported by Rox Resources (ASX: RXL) at Fisher East.
Endeavour Discoveries (to list on ASX in 6-12 months) is focussed on developing gold fields with nickel potential across almost 12,000 square kilometres of tenements in South Australia. Tarcoola is Endeavour's flagship project, prospective for gold, nickel and uranium.
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