Recent soil geochemistry surveys at Impact Minerals Limited’s Arkun Project in Western Australia revealed a significant Rare Earth Element (REE) anomaly at the newly identified Hyperion prospect. The anomaly spans over 3 km², with concentrations of up to 5,880 ppm Total Rare Earth Element Oxides and Yttrium (TREO +Y) and Nd+Pr up to 21%. This high-tenor anomaly, open along strike to the northwest and southeast, is situated in weathered granite and represents a promising target for a large clay-hosted REE deposit. The broader granite area covers approximately 170 km², yet to be explored.
The Swordfish prospect, 10 km southeast of Hyperion, also exhibits a significant anomaly. These findings, coupled with the previously reported Horseshoe prospect, highlight the substantial REE exploration potential at the Arkun Project. Impact Minerals plans early drilling and bulk sampling for metallurgical test work in the next two quarters, aiming to assess the economic viability of extracting REEs through acid leaching. The Hyperion discovery marks a breakthrough in exploring the Arkun Project, originally focused on nickel, platinum, and copper.
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Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
