+61 409 493 485 info@terraresources.com.au

Rare Earth Element (REE) Carbonatite Drill Targets Identified at Paddy’s Well Project

Rare Earth Element (REE) Carbonatite Drill Targets Identified at Paddy’s Well Project

Terra Resources has recently undertaken geophysical interpretation of new airborne magnetic data for Voltaic Strategic Resources, which has significantly enhanced the Critical Minerals prospectivity of the extensive 1,300km2 tenement package at their Paddy’s Well project.

16 potential carbonatite intrusions have been identified, which are prospective for REEs and niobium, from initial interpretation of the geophysical data. Many of these are proximal to the extensive REE clay system previously drilled at the Neo prospect. Field surveys are currently underway to ‘ground truth’ the prospects and delineate new drill targets, and additional geophysical interpretative work is ongoing to identify more targets.

Read the full announcement here.