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Red Metal kicks off Sybella rare earths study
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The West Australian
The study marks a crucial milestone for Red Metal as it looks to fast-track a project of truly mammoth proportions.
At a 300 parts per million neodymium-praseodymium cut-off, Red Metal has defined a colossal resource of 936 million tonnes to a depth of 100 metres.
The resource is comprised of 182 million tonnes of easily accessible saprock from surface, 157 million tonnes of transitional ore and a deeper 598 million tonnes of fresh granite.
While Sybella is clearly the company’s flagship, Red Metal is no one-trick pony.
The launch of the Sybella pre-feasibility study is a key milestone for Red Metal.