IMC Rare Earths Discovers New High-Grade, Near-Surface Terbium Zone Beyond Existing 1.1 Billion Tonne Resource at Block H, Itarantim
IMC Rare Earths announced a new high-grade, terbium-rich ionic clay discovery at Block H of its Itarantim project in Brazil, outside its existing 1.1 billion tonne Mineral Resource. Hole AD-00555 intersected seven meters grading 5,695 ppm TREO with 38 ppm Tb4O7 and 258 ppm Dy2O3 starting just two meters below surface, including three meters at 7,841 ppm TREO; initial leach testing recovered 64%-83% of terbium. At Block D, hole AD-00403 hit 20 meters of continuous mineralization ending in mineralization at the auger rig's depth limit, prompting planned diamond drilling to test the deeper extension.
Key figures
- Block h dy2o3 ppm
- 258
- Block h tb4o7 ppm
- 38
- Existing resource tonnes
- 1100000000
- Block d intercept length m
- 20
- Block d intercept treo ppm
- 4098
- Block h intercept length m
- 7
- Block h intercept treo ppm
- 5695
- Terbium leach recovery pct
- 64%-83%
- Block h high grade treo ppm
- 7841
- Mineralization start depth m
- 2
- Heavy rare earth share of treo pct
- 5.2%
AI analysis
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