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Globe Metals and Mining Limited (ASX: GBE) Multiple Wide Rare Earth Zones Identified at Mount Muambe

Multiple, Wide Rare Earth Zones Identified at Mount Muambe – Mozambique
Highlights

- Substantial orientation rock chip and soil sampling program identifies  widespread REE mineralisation in at least 5 different zones

- Both light (LREO) and heavy (HREO) enriched zones discovered

- LREO-enriched rock chip samples include:
 4.16%, 3.64%, 3.04% and 3.01% TREO

- HREO-enriched rock chip samples with significant dysprosium and  europium values include:
1.09% with 20.4% HREO ratio & 230ppm Dy2O3 169ppm Eu2O3
1.06% with 20.5% HREO ratio & 233ppm Dy2O3 173ppm Eu2O3

- Substantial corresponding REE soil anomalies including:
560m width, 29 samples averaging 1.01%, peak 2.05% TREO
320m width, 17 samples averaging 1.12%, peak 2.32% TREO with a high HREO ratio of 10.9%

- Large new fluorite zones discovered. Over 2km strike length of fluorite mineralisation/anomalism confirmed. Highlights include:
Soil anomaly over 100m width averaging 16.5%, peak 21.9% fluorite within broader 220m wide zone averaging 11.48% fluorite
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