
Next phase of exploration underway at Wolfe Basin to test rare earth elements
Next phase of exploration underway at Wolfe Basin to test rare earth elements The next phase of exploration is underway at Sipa Resources’ (ASX:SRI) Wolf Basin project to test a rare earth elements (REE) target area. Initial mapping and surface sampling has now been completed with a focus on peak thorium anomalies that are coincident with a magnetic anomaly. The historic drillhole CRA026 was also located and drill chips from this hole were collected. Examination in the field of the drill chips identified basement rocks in this location as a syenite. Syenites are felsic intrusive rocks that can be enriched in REEs and this is a likely source rock for the REEs observed...









