Askari dialled in on Gascoyne rare earths hotspot

Askari Metals’ latest auger drilling campaign has revealed encouraging total rare earth oxides (TREO) hits as high as 4505 parts per million at its 100 per cent-owned Red Peak project in Western Australia’s Gascoyne region.

Notably, it comes just a week after its neighbour Krakatoa Resources set the ASX alight with a 130 per cent share price jump after it discovered a new niobium-rare earths target at its Mt Clere project. Red Peak sits to the immediate south-east of Krakatoa’s Mt Clere rare earths-niobium project, which is north of the WA town of Meekatharra.

Original source by Andrew Duffy at thewest.com.au

SHARE THIS ARTICLE