Northern Minerals boosts high-grade Dazzler rare earths resource at Browns Range

The latest update is out from Northern Minerals Limited ( (AU:NTU) ).

Northern Minerals has reported a major upgrade to the Mineral Resource Estimate for the Dazzler deposit at its Browns Range Heavy Rare Earths Project in Western Australia, boosting confidence in this high-grade heavy rare earths asset. Dazzler, though smaller than the Wolverine deposit, sits close to planned processing infrastructure and is being evaluated as a blending ore to improve overall project performance.

The updated Dazzler resource now stands at 340,000 tonnes at 2.1% total rare earth oxides for 7,000 tonnes of contained metal, representing a 70% increase in tonnage and 40% growth in contained TREO compared with the 2020 estimate. Crucially, 90% of the updated resource is classified as Indicated, underpinned by extensive infill and diamond drilling and open pit optimisation work, enabling more robust mine studies and potentially supporting enhancements to the Browns Range definitive feasibility study.

The most recent analyst rating on (AU:NTU) stock is a Buy with a A$0.05 price target. To see the full list of analyst forecasts on Northern Minerals Limited stock, see the AU:NTU Stock Forecast page.

More about Northern Minerals Limited

Northern Minerals Ltd is an Australian company focused on heavy rare earths, with its flagship Browns Range Heavy Rare Earths Project in the East Kimberley region of Western Australia. The company is targeting high-grade deposits such as Wolverine and Dazzler, aiming to supply strategic rare earth oxides used in advanced technologies and to enhance project economics through optimised mine planning and ore blending strategies.

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