Caldeira Confirmed as Ionic Adsorption Clay REE Deposit
Filed with ASX · · 16 pages · English and French
Summary by 6ix AI
Meteoric Resources NL has announced the confirmation of the Caldeira Project as an Ionic Adsorption Clay Rare Earth Element deposit following metallurgical tests. The tests demonstrated excellent recoveries of rare earth elements using a simple ammonium sulphate solution in weakly acidic conditions. The results indicate that a significant portion of the target rare earth elements are adsorbed onto clays, allowing for easier recovery compared to other projects. Meteoric is fully funded to explore the project's potential further, with plans for additional metallurgical testwork and diamond drilling.
Written by 6ix AI from the company’s filing. How 6ix writes summaries
Story so far
Earlier from Meteoric Resources NL
- Acquisition of Potential World Class Ionic Clay REE Project
- Reinstatement to Quotation
- Drilling Program Completed at Palm Springs
- Drilling Underway at Palm Springs, WA
- Completion of Sale of Juruena Gold Project (updated)
Later from Meteoric Resources NL
- Assays Received for Palm Springs Gold Project, WA
- Caldeira Project Definitive Acquisition Agreement Signed
- REE Experienced CEO Appointed to Accelerate Caldeira Project
- Termination of Term Sheet - Juruena Gold Project
- $25M Placement
Follow Meteoric Resources NL into a list and get an email when it puts out news.
Follow Meteoric Resources NL