{"id":10227,"date":"2024-05-28T23:24:06","date_gmt":"2024-05-28T23:24:06","guid":{"rendered":"https:\/\/economicherald.net\/?p=10227"},"modified":"2024-05-28T23:24:06","modified_gmt":"2024-05-28T23:24:06","slug":"maiden-drill-assays-imminent-as-zinc-of-ireland-targets-rare-earths-riches-at-cascade","status":"publish","type":"post","link":"https:\/\/economicherald.net\/?p=10227","title":{"rendered":"Maiden drill assays imminent as Zinc of Ireland targets rare earths riches at Cascade"},"content":{"rendered":"<p>Zinc of Ireland\u2019s maiden drilling program at Cascade is targeting historical rare earths (REE) anomalism<br \/>\nThis historical anomalism was identified by AngloGold Ashanti in 2010<br \/>\nThe project represents an exciting REE exploration entry for ZMI<\/p>\n<p>\u00a0<\/p>\n<p><strong>Special Report: Shallow auger drilling across large rare earths targets at Zinc of Ireland\u2019s Cascade project is now in the home stretch as the company nears completion of its maiden drill program.<\/strong><\/p>\n<p><a href=\"https:\/\/stockhead.com.au\/company\/zinc-of-ireland-zmi\/\">Zinc of Ireland\u2019s (ASX:ZMI)<\/a> Cascade project ~70km northwest of Esperance, WA covers significant areas of total rare earth oxide (TREO) enrichment as defined by shallow auger drill traversing by Anglo Gold Ashanti in 2010.<\/p>\n<p>That auger drilling campaign encountered near surface enrichment in rare earths (REEs) with widespread anomalism up to 1031ppm TREO.<\/p>\n<p>Auger results by AngloGold Ashanti on tenement E74\/691 show a large coherent 6km by 3km anomaly while E74\/690 hosts similarly anomalous TREO enrichment along a 5km road traverse.<\/p>\n<p>Both areas represent encouraging targets for the discovery of deeper mineralisation and are the subject of drilling testing.<\/p>\n<p>AngloGold only sampled to a maximum depth of ~3m, indicating that the TREO auger anomalies generated may under-represent potential underlying REE mineralisation.<\/p>\n<p>ZMI is now setting out to determine saprolite and upper bedrock REE levels with a low-cost drill program.<\/p>\n<p>\u00a0<\/p>\n<p>Auger drilling at the Cascade project. Pic: Zinc of Ireland<\/p>\n<p>\u00a0<\/p>\n<p>The current program includes 1,000m \u2013 2,000m of drilling from widely spaced shallow auger holes drilled from a light vehicle.<\/p>\n<p>\u00a0<\/p>\n<p>Cascade project location. Pic: Zinc of Ireland<\/p>\n<p><em>\u00a0<\/em><\/p>\n<p>\u201cCascade represents an exciting REE exploration entry for us which we believe complements our Irish and Manitoban assets well,\u201d ZMI chairman Peter Huljich says.<\/p>\n<p>\u201cThe exploration principle we are applying is simple and low cost and we are implementing it over high-tenor, large REE targets.<\/p>\n<p>\u201cIt is our good fortune that these targets were historically identified but passed over by previous explorers whose focus at that time was on the discovery of gold,\u201d he says.<\/p>\n<p>\u201cIt also helps that we are in an area of the state where peer ASX listed juniors have had significant success.<\/p>\n<p>\u201cWe look forward to receiving our first sample analyses from Cascade and are confident that these may provide the company with another option for short term growth.\u201d<\/p>\n<p>\u00a0<\/p>\n\n<p><span class=\"mce_SELRES_start\">\ufeff<\/span>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p><em>This article was developed in collaboration with Zinc of Ireland, a Stockhead advertiser at the time of publishing. <\/em><\/p>\n<p><em>\u00a0<\/em><\/p>\n<p><em>This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.<\/em><\/p>\n<p><span class=\"et_bloom_bottom_trigger\"><\/span><\/p>\n<p>The post <a href=\"https:\/\/stockhead.com.au\/resources\/maiden-drill-assays-imminent-as-zinc-of-ireland-targets-rare-earths-riches-at-cascade\/\">Maiden drill assays imminent as Zinc of Ireland targets rare earths riches at Cascade<\/a> appeared first on <a href=\"https:\/\/stockhead.com.au\/\">Stockhead<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>Zinc of Ireland\u2019s maiden drilling program at Cascade is targeting historical rare earths (REE) anomalism This historical anomalism was identified by AngloGold Ashanti in 2010 <a href=\"https:\/\/economicherald.net\/?p=10227\" class=\"read-more-link\">[more&#8230;]<\/a><\/p>\n","protected":false},"author":0,"featured_media":10228,"comment_status":"","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-10227","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - 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