Mining News of Note Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Mining News of Note

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: LoneClone who wrote (132700)

1/31/2019 1:26:47 PM

From: LoneClone

Read Replies (1) of 193898

Hastings Technology Metals (ASX:HAS) Quarterly Activities Report

abnnewswire.net

WWW: www.hastingstechmetals.com Company Overview

View in Other Languages

Sydney, Jan 31, 2019 AEST (ABN Newswire) - Hastings Technology Metals Ltd (

ASX:HAS) provides the Company's Quarterly Activities Report.

- Probable Ore Reserves increased to 10.35 million tonnes at 1.22%TREO including 0.43%Nd2O3+Pr6O11

- Updated Ore Reserves confirm >10-year mine life

- Total JORC Resources increased to 21.67 million tonnes at 1.17%TREO including 0.39%Nd2O3+Pr6O11 of which 62% are in the Measured and Indicated categories

- Successful completion of the second beneficiation pilot plant operation test. Upgrading of the Nd2O3+Pr6O11 head grade by 20 times from 0.43% to 8.6% was achieved

- EPA approval documentation was advertised to the public with an overall positive response received

To view the full report, please visit:
abnnewswire.net

About Hastings Technology Metals Ltd

Hastings Technology Metals Ltd ( ASX:HAS) ( FRA:5AM) is a leading Australian rare earths company, with two rare earths projects hosting JORC-compliant resources in Western Australia.

- The Yangibana Project hosts Probable Reserves totaling 5.15 million tonnes at 1.12% TREO including 0.45% Nd2O3+Pr6O11 within JORC Resources totalling 21.0 million tonnes at 1.17% TREO (comprising Measured Resources of 3.9 million tonnes at 1.19% TREO, Indicated Resources of 8.6 million tonnes at 1.25% TREO and Inferred Resources of 8.4 million tonnes at 1.09% TREO), including 0.40% Nd2O3+Pr6O11.

- The Brockman deposit contains JORC Indicated and Inferred Resources totalling 41.4 million tonnes (comprising 32.3mt Indicated Resources and 9.1mt Inferred Resources) at 0.21% TREO, including 0.18% HREO, plus 0.36% Nb2O5 and 0.90% ZrO2.

- Rare earths are critical to a wide variety of current and new technologies, including smart phones, electric vehicles, wind turbines and energy efficient light bulbs.

- The Company aims to capitalise on the strong demand for rare earths permanent magnets created by expanding new technologies.