Substantial REE anomalies discovered at Nolans east

Nolans east project in the Northern Territory.
Nolans east project in the Northern Territory.

Substantial rare earth element (REE) anomalies have been defined at Bubalus Resources’ (ASX:BUS) Nolans east project in the Northern Territory.

Recent sampling has defined seven large-scale rare earth element anomalies at surface across the target area, extending previously identified ones as well as identifying new ones.

The anomalies are based on assay results from 1687 samples, with 267 returning more than 500 parts per million total rare earth oxides (TREO).

Sampling was carried out at spacing of 400m by 100m and 200m by 100m, with 50m by 50m spacing completed over anomalies within the original sampling area.

The anomaly initially sampled by Bubalus now measures 2.4km by 1.3km, with the aggregate strike length of all anomalies measuring over 5km in length.

These anomalies lie along a west-northwest to east-southeast trend, consistent with Bubalus’ previous interpretation.

Notably, high value neodymium and praseodymium averages 22% of the TREO content in the Nolans East surface samples.

Sampling encountered a range of regolith settings, from washplain and sandplain to lithic/stoney pediment and subcrop.

The raw assay data will now be levelled to enhance the anomalies from regolith settings which are likely to produce a more subdued response.

Additionally, rock chip data collected from around the project area will be used to try and characterise the likely source of the REE anomalies, allowing further refinement of the targets ahead of drilling.

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