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Argyle Resources Corp. ( (TSE:ARGL) ) has issued an announcement.
Argyle Resources Corp. has announced progress in its diamond drilling program at the Clay Howells Rare Earth Element Project in Ontario, with a significant discovery of a 5.9-meter interval of magnetite-layered carbonatite in drill hole CH-25-04. This discovery confirms the presence of a high-grade Rare Earth Element system, enhancing the project’s potential and supporting the company’s geological model. The ongoing drilling, which has reached 267 meters in the current hole, CH-25-05, is progressing as planned, with further exploration to refine future targeting across the project.
More about Argyle Resources Corp.
Argyle Resources Corp. is a junior mineral exploration company focused on acquiring, exploring, staking, and evaluating natural resource properties in North America. The company holds interests in several projects, including the Clay Howells rare earth element project in Ontario and various projects in Québec. It is also engaged in a research partnership with INRS, a research and training institute funded by the Québec government.
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Technical Sentiment Signal: Sell
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