HomeFinTechGolden Mile Resources: Confirms potential for REE mineralisation at Quicksilver, WA

Golden Mile Resources: Confirms potential for REE mineralisation at Quicksilver, WA

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Golden Mile Resources Confirms potential for REE mineralisation at Quicksilver, WA

  • Golden Mile Resources (G88) confirms the potential for rare earth element mineralisation at its Quicksilver project in Western Australia
  • The company completed a review of the cobalt deposit and identified cerium mineralisation in 15 drill holes, broadly distributed throughout the orebody
  • According to the company, cerium is an element that occurs in combination with other REEs, therefore confirming the prospectivity of the deposit
  • The review was completed after stage two metallurgical testing, prior to finalising a metallurgical diamond drill test work program planned for early next year
  • G88 shares are down 3.57 per cent trading at 2.7 cents at 3:38 pm AEDT
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