SHIJIAZHUANG MUYUAN INDUSTRY AND TRADE CO., LIMITED.

SHIJIAZHUANG MUYUAN INDUSTRY AND TRADE CO., LIMITED.

Expansion of the Haydn rare earth mine in Western Australia

2023 07/06

Mamba Exploration has observed widespread, shallow clay-type rare earth deposits in the 2Kmx1Km eastern anomaly at the Hvden project in Western Australia.

The sampling analysis showed that the ore was found 32 m at a depth of 16 m with a total rare earth oxide (TREO) grade of 0.149%, including mineralisation 12 m thick with a TREO grade of 0.1899%, and the ore body was penetrated both to the south and north

Of the 58 boreholes that have been completed, 45 have seen a grade higher than 0.05%, and 26 have not penetrated the ore body. The proportion of rare earth elements is 23% on average

The first drilling results show widespread mineralization, and preliminary leaching tests have begun with good eye continuity.