Tanami Project (100% ownership), Western Australia

PVW Resources (‘PVW’, “the Company”) is pleased to provide an update on the metallurgical testwork and upcoming results due at the Tanami Rare Earth Project.


Highlights:

  • Five metallurgical samples, each 20kg, demonstrate strong surface mineralisation with up to 8.43% TREO.
  • Samples taken from three different areas to test potential variability. Samples have been taken up to 18km apart, from Watts Rise to Killi Killi East 2
  • Average HREO percentage of 80% including an average of 2,990ppm dysprosium oxide and up to 5,795ppm dysprosium oxide.

During the November field program, five 20kg samples were collected for metallurgical testwork to be undertaken by metallurgical consultants, IMO. The samples were collected along the 18km corridor and included one sample from Watts Rise and two from Killi Killi East 1 and two from Killi Killi East 2. This was to ensure spatial variability was considered for the metallurgical sighter testwork. This month IMO reported the assay results of the five metallurgical samples and work has commenced on the ore sorting of these samples. As with previously reported rock chip sampling, all samples are selective in nature with a high potential for bias and should not be considered as being representative of the overall mineralised structure or zone.

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