- E-Tech Resources Inc. (REE) receives its final assay results from a drilling campaign completed at the Eureka REE Project in Namibia
- Intersections of significant total rare earth oxides were discovered on the project
- Results from five holes have continued to confirm the presence of mineralisation at depth and with continuity
- Assay results from the second drilling campaign completed in February 2022 are pending
- E-Tech Resources Inc. (REE) is up 2.22 per cent and is trading at $0.23 per share as of 11:29 a.m. ET
E-Tech Resources (REE) has received final assay results from its drilling campaign completed at the Eureka REE Project in Namibia.
Intersections of significant total rare earth oxides were discovered throughout various holes on the project.
The results from five holes, all of which intersected mineralisation, have continued to confirm the presence of mineralisation in Zones 1 and 3 at depth and with continuity.
Elbert Loois, CEO of E-Tech Resources Inc. commented on the results.
“After receiving these latest assay results, we can now report that work on the update of the current mineral resource estimate has commenced – starting with the resource block model – which is expected to be released in Q2 2022.”
The new results are a part of the resource expansion program for Zones 1, 2 and 3. Expansion was completed in late September 2021 totalling 5,761 metres of drilling in 20 holes.
Additional assay results from the second drilling campaign completed in February are pending.
E-Tech Resources Inc. (REE) is up 2.22 per cent and is trading at $0.23 per share as of 11:29 a.m. ET.