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Full interview: Arafura Resources seeks to extend mine life beyond 23 years at Nolans NdPr project

Arafura Resources Limited (ASX:ARU) managing director Gavin Lockyer updates Proactive on the start of new drilling and metallurgical programs to extend the company’s 100%-owned, Nolans Neodymium-Praseodymium (NdPr) Project in the Northern Territory, beyond the 23 years envisaged in its DFS.

The programs will be funded from the recently completed fully underwritten $23.2 million entitlement offer.

These diamond drilling and metallurgical programs are expected to be completed during the December quarter.

Arafura is confident they will result in an updated estimate of ore reserves and corresponding mine life.

Quick facts: Arafura Resources Ltd

Price: 0.053 AUD

Market: ASX
Market Cap: $55.91 m

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Arafura Resources makes 'significant' increase to mine life at Nolans NdPr...

Arafura Resources Limited's (ASX:ARU) Richard Brescianini speaks to Proactive London's Andrew Scott soon after announcing updated ore reserves for its 100% owned Nolans Neodymium-Praseodymium (NdPr) Project in the Northern Territory. The increase now supports 33 years of production – an...

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