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MONUMENTAL MINERALS PROVIDES UPDATE ON DRILLING AT THE JEMI HEAVY RARE EARTH ELEMENT PROJECT, MEXICO

MONUMENTAL MINERALS PROVIDES UPDATE ON DRILLING AT THE JEMI HEAVY RARE EARTH ELEMENT PROJECT, MEX...

articleMonumental Energy Corp.August 15, 20233/company/monumental-energy-corp/news/monumental-minerals-provides-update-on-drilling-at-the-jemi-heavy-rare-earth-element-project-mexico
MONUMENTAL MINERALS PROVIDES UPDATE ON DRILLING AT THE JEMI HEAVY RARE EARTH ELEMENT PROJECT, MEXICO

About this update from Monumental Energy Corp.

[{"type":"text","content":"\n \n \n \n MONUMENTAL MINERALS PROVIDES UPDATE ON DRILLING 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 \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n \n VANCOUVER, BC\n \n \n ,\n \n \n Aug. 15, 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 drilling at the Jemi rare earth element (REE) project (the \"\n \n Project\n \n \") in\n \n Coahuila, Mexico\n \n , about 40 km south of the\n \n Texas, USA\n \n border.\n \n \n One diamond drill rig from Globexplore Drilling SA commenced drilling on the Veladora North prospect area within Monumental's claims starting in early July to test areas with high concentrations of REE-mineralized dykes and sills at the surface (see Company's news release dated\n \n July 12, 2023\n \n ). To date, 1800 meters (m) have been drilled, with borehole depths ranging from 50 to\n \n 321 m\n \n . Twelve holes have been completed, and drilling of a final 13\n \n th\n \n hole is currently underway, with a target depth of 50 to\n \n 75 m\n \n . The first batch of 188 samples has been sent to ALS Laboratories (\n \n Zacatecas\n \n , MX) and results are expected in approximately 3 weeks.\n \n \n Dr.\n \n Jamil Sader\n \n , CEO and Director comments:\n \n \n \n \"Core samples at the Jemi REE project demonstrates that eudialyte minerals, which host most of the rare earths, extend into the subsurface peralkaline dyke and sills. It is encouraging to see that the intrusive bodies intersected during drilling are significantly larger than their surface expressions. We are keenly optimistic that laboratory assay results will further quantify visual assessments of rare earth mineralization in core samples.\"\n \n \n \n Numerous intrusive peralkaline dykes, sills, and veins, with identifiable eudialyte (\n \n Figure 1\n \n ) were intersected in the completed holes. Eudialyte is the mineral that is most commonly associated with REEs at Jemi. These peralkaline dykes and si...

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