E-Tech Resources says the trenching and sampling program at the Eureka project in Namibia has revealed significant rare earth oxide mineralisation.
The Eureka project, under EPL 6762, is about 140 km east of Port of Walvis Bay.
E-Tech’s trenching program has yielded remarkable results, confirming the company’s innovative exploration model.
This success further bolsters the concept of a large-scale stratigraphic and structural corridor within the Eureka Dome, which hosts rare earth mineralisation.
E-Tech CEO Todd Burlingame says it is encouraging that rare earth mineralisation is much more widely distributed within the license than had previously been identified.
“We have achieved the objectives for the Q1 trenching program, and the results have exceeded our expectations,” Burlingame says.
He adds that the confirmed presence of rare earth mineralisation in 18 out of 19 locations selected for this trenching program continues to validate the targeting model.
According to Burlingame, the program has identified an arcuate trend containing new, highly prospective targets across the EPL 6762 section of the Eureka Dome.
“We are pushing forward with our exploration program as we prepare for a proposed 2024 drill program in Q3 2024,” he says.
The trenches targeted rare earth mineralisation under cover in the new prospects T9, T15, T16, Eureka East, and Eureka Southeast, which were identified by the 2023 systematic regional soil sampling program.
Preliminary pXRF analysis of meter samples from 18 of the 19 trenches has returned Total Rare Earth Oxide (TREO) readings ranging from 1% to 8.7% in the mineralised intercepts.
The results are consistent with data from the historical trenches at Eureka Central.
Over 170 samples have been collected and will be submitted for laboratory assay to confirm the only indicative results from the pXRF.
The preliminary results support the company’s new geological concept and mineralisation model, which indicates additional exploration potential on the adjacent EPL 8748.
