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IN BRIEF: Altona Rare Earths notes positive results for Monte Muambe

Fri, 06th May 2022 16:12

Altona Rare Earths PLC - mining exploration company focused on projects in Africa - Reports the final phase one assay results from Monte Muambe in Mozambique on Wednesday. Results show "significant" rare earth elements levels across multiple target areas. Also notes significant neodymium-praseodymium levels. Out of the six targets drilled, four have significant rare earth element mineralisation and warrant follow-up, company explains.

Current stock price: 9.45 pence

12-month change: down 10%

By Heather Rydings; heatherrydings@alliancenews.com

Copyright 2022 Alliance News Limited. All Rights Reserved.

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