Sign up Australia
Proactive Investors - Run By Investors For Investors

Northern Uranium expands Browns Range Heavy Rare Earths exploration target

Northern Uranium expands Browns Range Heavy Rare Earths exploration target

With the acquisition of 6,690km2 of exploration ground now complete, Northern Uranium (ASX: NTU) has expanded the Browns Range Heavy Rare Earths exploration target.

The bonus for Northern Uranium is the ability to explore for all minerals, and not just uranium, on the extensive tenement package (except for E70/2719 & E70/2720 where iron ore is excluded).

The company said its primary focus will be on the uranium and REE potential, with the tenement package also including potential gold targets in the Tanami (Rabbit Flats project), which is a historical tungsten mine at the Kurundi Project, and a Platinum-Palladium (PGE) resource at the Yarawindah project.

Some of the newly acquired land holding is adjacent to the company's Browns Range Heavy Rare Earths project, where high grade heavy rare earth elements (HREE) have been identified.

Northern Uranium paid $575,000 for the tenement package, which was subject to due diligence and applicable third party consents.


View full NTU profile View Profile

Northern Minerals Ltd Timeline

Related Articles

November 09 2018
With money in the bank and good results coming in, Lucky looks well positioned to make further progress
October 10 2018
Tertiary Minerals has a unique portfolio of fluorspar assets in Europe and the US
June 13 2018
Lac Guéret Extensions is adjacent to one of the highest grade graphite projects in the world

© Proactive Investors 2018

Proactive Investors Australia PTY LTD ACN:132787654 ABN:19132787654.

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use