RE: Is Altona sitting on one of the Largest Gallium deposit (outside China)8 Apr 2026 17:42
REE - Rare Earth workstream was signifcantly derisked with the USTDA signing.
We now have RFPs being progressed with US firms .
Funded work:
-Drilling campaign for sampling
- Metallurgical testing
- Environmental & commercial studies
- develop an updated financial model and project valuation.
JORC MRE was initially targeted for end of 2025, however due to crazy good results drilling was extended by 70% to 3419m! (NOTE the 2025 drills only covered 40% of the acreage!)
The MRE according to Cedric is the next major milestone, April 2026.
In addition, REE is on the prowl for low cost and low capex, rapid development mineral
assets. Expected that AT LEAST ONE will be acquired H1 2026.
We also have:
Sesana copper/silver and Kabomo south Copper porjects.
REE has the makings of an outstanding opportunity for us PI's. Risks are always there, but thats how you make big money.
GLA.