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MONUMENTAL MINERALS CORP. PROVIDES EXPLORATION UPDATE AND DEFINES DRILL TARGETS AT THE JEMI HEAVY RARE EARTH ELEMENT PROJECT, MEXICO

MONUMENTAL MINERALS CORP. PROVIDES EXPLORATION UPDATE AND DEFINES DRILL TARGETS AT THE JEMI HEAVY...

articleMonumental Energy Corp.February 23, 20235/company/monumental-energy-corp/news/monumental-minerals-corp-provides-exploration-update-and-defines-drill-targets-at-the-jemi-heavy-rare-earth-element-project-mexico
MONUMENTAL MINERALS CORP. PROVIDES EXPLORATION UPDATE AND DEFINES DRILL TARGETS AT THE JEMI HEAVY RARE EARTH ELEMENT PROJECT, MEXICO

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[{"type":"text","content":"\n \n \n \n MONUMENTAL MINERALS CORP. PROVIDES EXPLORATION UPDATE AND DEFINES DRILL TARGETS AT THE JEMI HEAVY RARE EARTH ELEMENT PROJECT, MEXICO\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n Results Include 2.4% Total Rare Earth Oxide And 0.94% Heavy Rare Earth Oxide\n \n \n \n \n \n VANCOUVER, BC\n \n \n ,\n \n \n Feb. 23, 2023\n \n \n /CNW/ - Monumental Minerals Corp. (\"\n \n Monumental\n \n \" or the \"\n \n Company\n \n \") (TSXV: MNRL) (FSE: BE5) (OTCQB: MNMRF) is pleased to provide an update on exploration at the Jemi rare earth element (REE) project (the \"\n \n Project\n \n \") located in\n \n Coahuila, Mexico\n \n , about 40 km south of the\n \n Texas, USA\n \n border. Rock sampling across a broad area has discovered high grades of the critical magnet metals dysprosium (Dy) and terbium (Tb) and defined a series of high priority drill targets.\n \n \n Four months of exploration has been completed at Jemi, with the objective to delineate discreet drill targets. Recent work consisted of detailed geological mapping, regional stream sediment sampling, ground radiometric geophysical surveys, and lithogeochemical sampling. Exploration focused on the Jemi Dykes and Veladora North areas, which host peralkaline intrusion related REE mineralization.\n \n \n To date, 188 assays from rocks collected at Jemi Dykes and Veladora North have been received while results for 177 samples from Veladora North are pending. Of the 188 samples with assay results, over one third (76 samples) returned values greater than 0.15% total rare earth oxide (TREO\n \n 1\n \n ), including 5 samples that returned values greater than 1.0% TREO\n \n 1\n \n to a maximum value of 2.4% TREO\n \n 1\n \n (sample number 22309) (\n \n Table 1\n \n ). The average TREO for all samples is 0.21%, and a minimum value of 9 parts per million (ppm), which was returned in an iron-oxide/calcite vein.\n \n \n Dysprosium oxide (Dy\n \n 2\n \n O\n \n 3\n \n ) and terbium oxide (Tb\n \n 2\n \n O\n \n 3\n \n ) in samples classified a...

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