Lanthanein Resources Ltd. announced an overview of the upcoming exploration programs at the Lyons Rare Earths Project in Western Australia (Lyons Project). The proposed drill programs will target large scale Carbonatite intrusive targets and high-grade ironstones as previously discovered at Lyons 11, 12, 13 and 27.
Further rock chip sampling, high resolution satellite spectral interpretation and drilling programs are
planned to investigate additional targets not yet followed up, including thorium and magnetic anomalies throughout the Lyons Project and the high priority structural target along the major Bald Hill lineament which transects both the Edmund and Lyons Project Areas. The Bald Hill lineament is the major control on rare earth mineralisation at Hastings Technology Metals Yangibana mine and represents a very high priority target for Lanthanein. Potential remains for further discoveries of ironstones and carbonatites within the Company's tenure where no historical REE exploration has occurred. The Company recently received $200,000 in funding from the Department of Mines Industry Regulation and Safety (DMIRS) to investigate potential for large tonnage REE carbonatites similar to Lynas Corporation's Mount Weld deposit in Western Australia. Carbonatites are becoming increasingly important due to potential to host economic quantities of Th, U, Nb, P, Y and rare earth elements, which are strategically important for modern technology. Within the Lyons Block and along the Bald Hill Lineament, numerous carbonatite intrusions have been modelled from the airborne magnetics with a similar dimension to the Mt. Weld carbonatite. Two drill holes to 450m depth are proposed the test the outer magnetic rim of two of the larger carbonatite intrusives including LI-03 at 3km diameter and LI-01 at 4km diameter. Fenitic alteration (incl. magnetite and Th) are found to be associated with the outer rim of these intrusive bodies.