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Lycaon Resources Unveils Maiden Drill Results at Stansmore with Modest Nb-REE Findings

10:25am on Wednesday 29th of January, 2025 AEDT Mining
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Lycaon Resources Unveils Maiden Drill Results at Stansmore with Modest Nb-REE Findings

10:25am on Wednesday 29th of January, 2025 AEDT
Key Points
  • Maiden drill program completed with a single 324m RC hole at Stansmore target
  • Best assay result: 1m @ 425ppm Nb+Nd+Pr and 217ppm Y+Yb at 302m depth
  • Sulphide mineralisation with 12% sulphur and weakly elevated multi-element geochemistry identified
  • Elevated copper (1%) and silver (1.5g/t) noted near weathering base, likely supergene enrichment
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