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Globe Metals and Mining Limited (ASX:GBE) Fluorite and REE Drilling Results Mount Muambe, Mozambique

Fluorite and REE drilling results Mount Muambe, Mozambique



- Drill intersections from initial 8 RC holes show wide, high-grade, near surface fluorite zones:


MURC020: 21m @ 26.7% fluorite

Inc: 9m @ 41.1% fluorite


                        MURC021: 30m @ 28.4% fluorite

                Inc: 15m @ 38.0% fluorite


- Substantial REE mineralisation associated with high grade fluorite including:


 MURC021: 44m @ 1.0% TREO

Inc: 10m @ 2.0% TREO


- Significant enrichment in heavy rare earths with HREO/TREO ratios ranging from 10% to 40%


- High grades of the heavy rare earth dysprosium including 235ppm Dy2O3 over 10m


- Further results from fluorite-REE zones and other pure REE targets to be received over the coming months

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