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Further Drilling Data from Kiyenzi
Further Drilling Data from Kiyenzi.
About this update from Rainbow Rare Earths Ltd.
[{"type":"text","content":"\n \nRNS Number : 2389X Rainbow Rare Earths Limited 18 December 2019 \n\n \n18 December 2019\nRainbow Rare Earths Limited \n(\"Rainbow\" or the \"Company\")\n(LSE: RBW)\n \nFurther Drilling Data from Kiyenzi \nRainbow Rare Earths Ltd, the Rare Earth Element (\"REE\") mining company, is pleased to provide an update on its exploration and mine development programme.\nHighlights\n- Test results from 6 additional drill holes now received - 8 out of the 30 holes drilled at Kiyenzi are now analysed, a total of 200m of drilling\n- All drill holes confirm mineralisation from shallow depths - a number of sections showing grades in excess of 3% TREO (\"Total Rare Earth Oxides\")\n- Intersections totalling 42.5m across 7 of the holes averaged 6.06% TREO\n \nOn 25 November 2019, the Company announced details of the first two drill holes (GAK_DD_29 and 31) from the drilling campaign undertaken in the second half of 2018 at Kiyenzi, within the Gakara mining permit area. \nA total of 30 diamond core drill holes were completed, and the Company is currently in the process of analysing all of these holes. Based on initial observation, these drill holes are believed to contain greater widths of mineralisation than initial expectations. \nResults of a further 6 holes have now been received, meaning 8 out of the original 30 drill holes have now been fully analysed, totalling 200m. \nAll holes analysed show mineralisation throughout. In addition, a number of intersections have been shown to have higher grades as per the table below:\n\n\n\nHole No.\n\n\nFrom\n\n\nTo\n\n\nLength\n\n\n%TREO\n\n\nTOTAL\n\n\n%TREO\n\n\n\n\nm\n\n\nm\n\n\nm\n\n\nm\n\n\n\n\n13\n\n\n2.61\n\n\n5.99\n\n\n3.38\n\n\n1.45\n\n\n5.41\n\n\n7.04\n\n\n\n\n23.05\n\n\n25.08\n\n\n2.03\n\n\n16.36\n\n\n\n\n19\n\n\n0\n\n\n2.50\n\n\n2.50\n\n\n6.66\n\n\n2.50\n\n\n6.66\n\n\n\n\n20\n\n\n0.00\n\n\n3.70\n\n\n3.70\n\n\n4.86\n\n\n6.41\n\n\n9.70\n\n\n\n\n10.74\n\n\n13.45\n\n\n2.71\n\n\n16.31\n\n\n\n\n24\n\n\n10.00\n\n\n11.80\n\n\n1.80\n\n\n10.93\n\n\n1.80\n\n\n10.93\n\n\n\n\n27\n\n\n33.7\n\n\n34.6\n\n\n0.9\n\n\n9.91\n\n\n0.9\n\n\n9.91\n\n\n\n\n29\n\n\n17.7\n\n\n22.75\n\n\n5.05\n\n\n4.77\n\n\n13.87\n\n\n4.85\n\n\n\n\n29.5\n\n\n38.32\n\n\n8.82\n\n\n4.89\n\n\n\n\n31\n\n\n30.65\n\n\n32.02\n\n\n1.37\n\n\n10.66\n\n\n11.64\n\n\n3.86\n\n\n\n\n34.83\n\n\n39.45\n\n\n4.62\n\n\n3.01\n\n\n\n...