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The latest announcement is out from Sabre Resources Ltd ( (AU:SBR) ).
Sabre Resources Ltd has announced significant findings from its Dingo Project in the Northern Territory, revealing high concentrations of rare earth elements, critical metals, and gold. The results from auger soil and rockchip sampling at various prospects, including Dingo East and Roadside, show promising levels of Total Rare Earth Oxide (TREO) and high proportions of Neodymium and Praseodymium, which are crucial for high-performance magnets. Additionally, the Rankins North prospect has yielded notable results for critical metals such as gold, lead, and copper. The company plans to conduct aircore drilling to further explore these anomalies and test for potential high-grade uranium deposits at the Eclipse 1 target.
More about Sabre Resources Ltd
Sabre Resources Ltd is a company operating in the mining industry, focusing on the exploration and development of rare earth elements (REE), critical metals, and precious metals. The company is actively engaged in projects that aim to identify and exploit deposits of high-performance magnet rare earth metals such as Neodymium and Praseodymium, as well as other valuable minerals like gold, lead, copper, and bismuth.
Average Trading Volume: 674,434
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$4.34M
Find detailed analytics on SBR stock on TipRanks’ Stock Analysis page.