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Magnum Mining’s First 24 Holes Confirm Near-Surface Rare Earths with Strong Leachability
9:41am on Wednesday 10th of June, 2026 AEST
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Mining
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Magnum Mining’s First 24 Holes Confirm Near-Surface Rare Earths with Strong Leachability
9:41am on Wednesday 10th of June, 2026 AEST
Key Points
All first 24 holes report near-surface REE mineralisation
Desorption rates up to 65% TREO and 82% MREO under mild conditions
High-value magnet rare earths TbDy and SEG+Y show strong leach response
Drilling supports 85km² geophysical anomaly validation
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