RE: Uberaba17 Nov 2023 12:25
Thank, SmartPunter
George didn't say anything about drilling at Uberaba to determine REE content.
https://tools.eurolandir.com/tools/Pressreleases/GetPressRelease/?ID=4376735&lang=en-GB&companycode=uk-rbw&v=r2022
"Initial assay analysis from samples indicates an average grade of 0.58% total rare earth oxides ("TREO"), higher than the 0.44% TREO for the Phalaborwa project."
"Rainbow is encouraged by these results and is therefore planning additional test work at SGS around the mineralogy to identify the rare earth phases and facilitate the development of a process test program.
Following the development of the process flowsheet, the next step entails producing a preliminary economic assessment of this opportunity to extract rare earths."
First of all, it is necessary to determine the REE mineralogy, then conduct laboratory tests on REE leaching. Without this there is no point in drilling)