{"id":11045,"date":"2024-06-18T02:54:59","date_gmt":"2024-06-18T02:54:59","guid":{"rendered":"https:\/\/economicherald.net\/?p=11045"},"modified":"2024-06-18T02:54:59","modified_gmt":"2024-06-18T02:54:59","slug":"cufes-niobium-rock-chip-bonanza-paves-way-for-drilling","status":"publish","type":"post","link":"https:\/\/economicherald.net\/?p=11045","title":{"rendered":"CuFe\u2019s niobium rock chip bonanza paves way for drilling"},"content":{"rendered":"<p>Results from the rock chip sample at CuFe\u2019s North Dam project include 47.1% niobium and 9% tantalum<br \/>\nA heritage survey report has been received with drilling to begin in July<br \/>\nInfill soil sampling work has wrapped up, results will be incorporated into drill plans <\/p>\n<p>\u00a0<\/p>\n<p><strong><em>Special Report<\/em>: CuFe\u2019s geology team have uncovered further niobium and tantalum potential from rock chip results at the North Dam project. <\/strong><\/p>\n<p><a href=\"https:\/\/stockhead.com.au\/company\/cufe-cuf\/\">CuFe\u2019s (ASX:CUF)<\/a> North Dam project, 50km south of Coolgardie and 29kms from <a href=\"https:\/\/stockhead.com.au\/company\/mineral-resources-min\/\">Mineral Resources (ASX:MIN)<\/a> Mt Marion Mine, is an early stage exploration project prospective for a host of future facing metals such as lithium, niobium, tantalum and rare earths.<\/p>\n<p>Field work carried out in November 2023 highlighted the presence of lithium-caesium-tantalum (LCT) type pegmatites with results returning up to 1,770ppm total rare earth oxides (TREO), 43.93% niobium, 14.53% tantalum, and up to 3,206ppm Li.<\/p>\n<p>According to the explorer, these pegmatites range in thickness and outcrop as upright, north-north-west trending bodies, coincident with more regional trends.<\/p>\n<p>The team have been busy since then gathering information to help zone in on the more prospective areas, with the aim of planning subsequent drill programs and further works.<\/p>\n<p><strong>\u00a0<\/strong><\/p>\n<h2><strong>Fresh results return 47.1% niobium and 9% tantalum<\/strong><\/h2>\n<p>A new program of rock chip sampling has unearthed high-grade niobium (47.1%) and tantalum (9.01%).<\/p>\n<p>Although the results are from a columbite rock chip sample, CUF believes the grades illustrate the potential of the tenement.<\/p>\n<p>Alongside the sampling program, soil geochemistry work was undertaken to identify the source pegmatites that have likely shed the columbite and tantalite rock chips along a 97m narrow stream bed.<\/p>\n<p>Anomalous niobium was found, boasting characteristics coincident with multiple out cropping pegmatites within the central area of E15\/1495, which will be drill tested in the upcoming RC drill program.<\/p>\n<p>\u00a0<\/p>\n<h2><strong>Critical minerals other than lithium <\/strong><\/h2>\n<p>\u201cThe results show the potential of the pegmatites across the tenement to host critical minerals other than lithium,\u201d CUF executive director Mark Hancock says.<\/p>\n<p>\u201cWe are eager to start our maiden drilling program to further understand the potential of the region\u201d.<\/p>\n<p><strong>\u00a0<\/strong><\/p>\n<h2><strong>Drilling and further exploration <\/strong><\/h2>\n<p>A preliminary heritage survey report has now been received and supports performing the planned activities later this month, with drilling continuing to be targeted to begin in July.<\/p>\n<p>Infill soil sampling has been completed in targeted zones and results will be incorporated into the final drill hole plans as results are received.<\/p>\n<p>\u00a0<\/p>\n\n<p><span class=\"mce_SELRES_start\">\ufeff<\/span>\u00a0<\/p>\n<p><em>This article was developed in collaboration with CuFe, 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>The post <a href=\"https:\/\/stockhead.com.au\/resources\/cufes-niobium-rock-chip-bonanza-paves-way-for-drilling\/\">CuFe\u2019s niobium rock chip bonanza paves way for drilling<\/a> appeared first on <a href=\"https:\/\/stockhead.com.au\/\">Stockhead<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>Results from the rock chip sample at CuFe\u2019s North Dam project include 47.1% niobium and 9% tantalum A heritage survey report has been received with <a href=\"https:\/\/economicherald.net\/?p=11045\" class=\"read-more-link\">[more&#8230;]<\/a><\/p>\n","protected":false},"author":0,"featured_media":11046,"comment_status":"","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-11045","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - 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