Mayank Bansal is a CFA Charterholder and heads the Equity Research team at Kapitales Research, with over 5 years of experience analysing global equity markets. He leads fundamental, data-driven research combining rigorous financial analysis with macro trends.
ABx Group Launches New Rare Earth Drilling Program in Northern Tasmania
Source: Kapitales Research
ABx Group Limited (ASX: ABX) has commenced a new rare earth exploration drilling campaign across its northern Tasmanian tenements. Initial drilling will target the Deep Leads–Rubble Mound resource, focusing on areas considered to contain higher-quality and potentially mineable ionic rare earth mineralisation. The broader Deep Leads–Rubble Mound and Wind Break resource totals 89 million tonnes grading 844 ppm total rare earth oxides, including strong concentrations of dysprosium and terbium.The campaign will later extend to less-explored areas within EL27/2022, EL28/2022 and newly acquired EL25/2022, assessing the wider scale and continuity of mineralisation across ABx’s portfolio.ABx will also deploy its proprietary rapid-testing technique to estimate ionic rare earth content during exploration. The technology provides immediate indications from in-house leach testing, enabling daily optimisation of drilling activities rather than waiting several weeks for conventional assay results.
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ABx Group Launches New Rare Earth Drilling Program in Northern Tasmania
ABx Group Limited (ASX: ABX) has commenced a new rare earth exploration drilling campaign across its northern Tasmanian tenements. Initial drilling will target the Deep Leads–Rubble Mound resource, focusing on areas considered to contain higher-quality and potentially mineable ionic rare earth mineralisation. The broader Deep Leads–Rubble Mound and Wind Break resource totals 89 million tonnes grading 844 ppm total rare earth oxides, including strong concentrations of dysprosium and terbium.The campaign will later extend to less-explored areas within EL27/2022, EL28/2022 and newly acquired EL25/2022, assessing the wider scale and continuity of mineralisation across ABx’s portfolio.ABx will also deploy its proprietary rapid-testing technique to estimate ionic rare earth content during exploration. The technology provides immediate indications from in-house leach testing, enabling daily optimisation of drilling activities rather than waiting several weeks for conventional assay results.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au