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Basin Energy Confirms Thick High-Grade Rare Earths at Newmans Prospect

8:56am on Thursday 28th of May, 2026 AEST Mining
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Basin Energy Confirms Thick High-Grade Rare Earths at Newmans Prospect

8:56am on Thursday 28th of May, 2026 AEST
Key Points
  • 18m at 401 ppm NdPr oxide from surface in SBRC26003
  • Preserved weathering zones key to rare earth enrichment
  • A$1.1M strategic placement funds follow-up exploration
  • Newmans lies near Red Metal’s Sybella discovery and Mount Isa
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