Projects

Resource information

Rare earths have experienced soaring demand in recent years, thanks to their use in automotive manufacturing, including hybrid and electric vehicles; home entertainment systems; IT hardware, including smart phones and laptops; and medical equipment. There is also international market demand for zirconium chemicals, zirconia and niobium(tantalum)  which can be used in the ceramic, catalyst, electronics, engineering ceramic, and specialty glasses and alloys industries.

Dubbo Project – Mineral Resources (2011)

Toongi

Tonnage  

ZrO2

HfO2

Nb2O5

Ta2O5

Y2O3

REO

U3O8

Deposit

(Mt)

(%)

(%)

(%)

(%)

(%)

(%)

(%)

Measured

35.70

1.96

0.04

0.46

0.03

0.14

0.75

0.014

Inferred

37.50

1.96

0.04

0.46

0.03

0.14

0.75

0.014

TOTAL

73.20

1.96

0.04

0.46

0.03

0.14

0.75

0.014

These Mineral Resources are based upon information compiled by Mr Terry Ransted MAusIMM (Alkane Chief Geologist) who is a competent person as defined in the 2004 Edition of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves.  Terry Ransted consents to the inclusion in the report of the matters based on his information in the form and context in which it appears.  The full details of methodology were given in the 2004 Annual Report.

Dubbo Project – Ore Reserves (2012)

Toongi

Tonnage

ZrO2

HfO2

Nb2O5

Ta2O5

Y2O3

REO

Deposit

(Mt)

(%)

(%)

(%)

(%)

(%)

(%)

Proved

  8.07

1.91

0.04

0.46

0.03

0.14

0.75

Probable

27.86

1.93

0.04

0.46

0.03

0.14

0.74

Total

35.93

1.93

0.04

0.46

0.03

0.14

0.74

These Ore Reserves are based upon information compiled by Mr Terry Ransted MAusIMM (Alkane Chief Geologist) who is a competent person as defined in the 2004 Edition of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves.  The reserves were calculated at a1.5% combined ZrO2+Nb2O5+Y2O3+REO cut off using costs and revenues defined in the notes in ASX Announcement of16 November 2011.  Terry Ransted consents to the inclusion in the report of the matters based on his information in the form and context in which it appears.
# Mineral Resource and Ore Reserve Statement June 2012