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Basin Energy finds a bigger Newmans rare earth system
8:03am on Tuesday 29th of September, 2026 AEST
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Mining
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Basin Energy finds a bigger Newmans rare earth system
8:03am on Tuesday 29th of September, 2026 AEST
Key Points
Newmans mineralised footprint expands from 3.3km to 6.7km
13 of 18 follow-up holes returned mineralisation above 1,000 ppm TREO
SBRC26014 delivered 3m at 1,147 ppm MREO within 5,253 ppm TREO
Heavy rare earth mineralisation recurs across approximately 4.5km
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