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Full interview: Arafura Resources releases initial assays from new drilling at Nolans Bore NdPr deposit

Arafura Resources Limited (ASX:ARU) general manager exploration and business development Richard Brescianini updates Proactive on initial assays from a new drilling program at the Nolans Bore Neodymium-Praseodymium (NdPr) deposit in the Northern Territory.

These results from the phase I drilling, which include 43.62 metres at 6.0% total rare earth oxide and 28% phosphorous pentoxide from 19 metres, are consistent with the company’s expectations.

Samples from the drilling have also been used in new flotation test work.

Quick facts: Arafura Resources Ltd

Price: 0.225 AUD

Market: ASX
Market Cap: $262.75 m

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Arafura Resources focused on firming up financing and offtake for its Nolans...

Arafura Resources Ltd’s (ASX:ARU) managing director Gavin Lockyer tells Proactive the big focus heading into the New Year is on securing offtake agreements with potential customers and firming up the financing to develop the Nolans NdPr project. When in production it'll be the the only...

on 23/11/20

2 min read