Exploration to commence at Salambidwe REE Project, Malawi
Globe Metals & Mining Limited (“Globe” or “the Company”; ASX: GBE) is pleased to announce details of the 2011 exploration program due to commence this quarter at the Company’s Salambidwe REE Project in southern Malawi.
Highlights
- 2011 exploration program targeting confirmation and potential extension of broad mineralisation encountered in 2010 rock chip and soil sampling program.
- Further significant soil, rockchip and auger exploration activities to commence in September.
- GBE to also complete a crater-wide ground radiometric survey and regional geological mapping program.
- 2010 rock chip results include:
L4050: 2.05%TREO inc. 214ppm Dy2O3
L4053: 0.43% TREO, 7,924ppm Nb2O5, 153ppm Ta2O5 and 2.75% ZrO2
Following on from the maiden 2010 exploration program, the Company plans to conduct a crater-wide 284 soil-pit and 38 auger sample program, to be conducted in conjunction with rockchip sampling, ground radiometric surveying and regional geological mapping. The program will commence in September 2011.
As Salambidwe is a virgin rare earth prospect, the Company’s primary focus for the 2011 exploration campaign will be to:
- Confirm the results from the 2010 rock chip and soil sampling program.
- Determine the relationship between the mineralisation and the geological setting of the crater.
- Locate and quantify further rare earth element (REE) enriched zones.
Soil-pit and auger program
A broad 200m x 200m soil-pit and augering program (Figure 1) covering the entire crater will examine Salambidwe’s potential. This program will ensure a significant density of sampling to determine mineralised potential and geological control.
Rockchip sampling, ground radiometric survey and geological mapping
With only a preliminary current geological understanding of the Salambidwe prospect, the Company plans to survey the entire crater with ground radiometrics. This method should prove effective in identifying areas with REE mineralisation potential. In conjunction with rockchip sampling and geological mapping, target areas for further exploration will be identified.
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