Brockman JORC Resource
The Brockman Project (the Project) is Australia’s largest Heavy Rare Earths (HREO) Project*, containing significant Dysprosium and Yttrium plus rare metals Niobium and Zirconium resources. The Project is 100% owned by Hastings Technology Metals Limited.
Following the acquisition of the project in December 2010, Hastings completed a 51-hole drilling programme (8,200m) which provided 7 DD and 41 RC intersections of the mineralised zone. These intersections confirmed results achieved by previous explorers in the 1980s and provided deeper intersections of the mineralisation. This enabled a new interpretation of the deposit to be completed (Figures 1 and 2) and allowed new resource estimates to be undertaken.
In November 2015 a JORC Indicated Resource of 5.2 million tonnes at 2200ppm TREO including 1800ppm HREO plus 3900ppm Nb2O5 and 9500ppm ZrO2 was estimated for the Southern Extension.
The HREO concentration represents 85% of TREO, which is high relative to other rare earths projects.
*Hastings defines projects exceeding 35%HREO:TREO as being Heavy Rare Earths Projects.
Figure 1 – Brockman Cross Section 9400mN
Figure 2 – Brockman Cross Section 10200mN