Barkly gets green light for 10,000m NT rare earths drilling blitz
Barkly Rare Earths has secured its environmental mining licence, enabling a 10,000-metre drilling campaign at its Northern Territory project to expand its 40-million-tonne rare earths resource. The phase one program, managed by RSC, will involve over 400 shallow drill holes and use both reverse circulation and sonic drilling methods. Real-time on-site analysis will guide the exploration, aiming to upgrade the resource to higher-confidence categories. The company is also advancing exploration at its nearby Buntine base metals project.
- ▪Barkly Rare Earths received an environmental mining licence and notice of authority to begin drilling at its flagship NT project.
- ▪The 10,000-metre drilling program will include over 400 holes and test for lateral expansion of the current 40-million-tonne inferred resource.
- ▪Drilling will use both reverse circulation and sonic methods, with on-site portable XRF for real-time data analysis.
- ▪The resource contains 82,000 tonnes of total rare earth oxide at 2,100 ppm TREO and remains open in all directions.
- ▪Barkly is also fast-tracking exploration at its Buntine base metals project with reconnaissance work scheduled for May to June.
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