Aluminum Copper Lead

Mount Ridley Mines extends rare earth element targets at Mount Ridley project

Australian-based Mount Ridley Mines (MRD) says re-assays of core samples have increased the rare earth element potential at two prospects within its Mount Ridley project in WA.

The Mount Ridley Project is near Esperance, covering 3400 square kilometres. It was initially acquired for its nickel and copper sulphides potential, and is now recognised as being prospective for ionic clay REE deposits.

At the Winston's and Keith's Prospects, MRD re-assayed 160 air core sample pulps from 59 drill holes that were drilled between 2017 and 2019.

The company said the results have returned significant rare earth element values extending prospective horizons to in excess of 25 strike kilometres.