Bank Street Journal
  • Business
  • Politics
  • World
  • Investing
  • Business
  • Politics
  • World
  • Investing
No Result
View All Result
Bank Street Journal
No Result
View All Result
Home Investing

Pink Bark: Rare Earth, Kaolin and Uranium Potential

November 4, 2024
in Investing
Pink Bark: Rare Earth, Kaolin and Uranium Potential
0
SHARES
1
VIEWS
Share on FacebookShare on Twitter

Allup Silica Limited (ASX: APS) (“Allup” or “Company”) is pleased to announce recent exploration results from its Pink Bark Project in southern WA has demonstrated the project’s potential for rare earth elements (REE), uranium, graphite and kaolin mineralisation.

Key points

Further analysis carried out on samples from Allup’s 2023 drilling program has been returned with the following results:

  • Significant uranium results up to 232ppm U3O8 and REE up to 980ppm for total TREE of 1,212ppm.
  • Highest grade of 1,985ppm total rare earth oxide (TREO) in fresh bedrock from drill hole PB019, 21 to 22m
  • Significant REE anomalism discovered in supergene and bedrock over a 7km x 7km area.
  • Kaolin sampling confirms ISO Brightness, grainsize, and XRD mineralogy in four locations at Pink Bark Project.
  • Raw insitu kaolin from Pink Bark is comparable to Australian kaolin deposits currently in production and demonstrates a marketable product with possible co-product silica.
  • Graphite-rich bedrock intersected in the south of E63/2371, in particular in drill hole PBAC058.

APS carried out additional analysis from samples taken during its November 2023 drilling program at Pink Bark to test the underlying clays of licence E63/2138 for REE potential, and for thick kaolin accumulations over large areas. The holes were drilled to fresh bedrock (blade refusal) where possible, and the bedrock samples were assayed for multi-element geochemistry.

The Albany Fraser Province has recorded several uranium occurrences. The combined rare earth and uranium mineralisation at Pink Bark is very significant. Further drilling is required to test the mineralisation for size and grade potential.

This release focuses on the Kaolin, Uranium and Rare Earth potential of the Pink Bark Project following the results of an air core drilling program that was completed in November 2023.

Introduction

The Pink Bark Project, comprises three granted Exploration Licences and one pending application area, and is located in the Albany Fraser Province’s Biranup zone, north of Esperance. The tenement was acquired to explore and develop silica sand, but numerous recent nearby discoveries of REE clay- hosted deposits prompted Allup to consider the potential for such deposits on its tenement holdings.

The Biranup zone has been shown to be rich in valuable REE by the Geological Survey of Western Australia (GSWA) and modern explorers. A number of ASX-listed companies have reported wide areas of saprolitic clay enriched in rare earths overlying the Biranup late-stage granite intrusive rocks.

These deposits have been compared to China’s clay-hosted REE deposits, which have been a major source of REE for the country’s battery industry. In the Albany Fraser Province a number of carbonatites with rare earth potential have been reported and explored for rare earth mineralisation, and the Biranup granites are also rapidly emerging as a focus for exploration for clay and carbonatite-hosted rare earth deposits.

Kaolin

Allup’s previous work on kaolin at Pink Bark was reported in ASX Release dated 7 May 2024, where a significant Exploration Target was announced. Additional work to define other characteristics were recommended and these are discussed below.

Allup engaged Independent Metallurgical Operations Pty Ltd to complete further mineralology, brightness and yellowness testing on 10 samples from 10 different drill holes.

Based on the test work conducted on the 10 samples from the Pink Bark Project, IMO concludes that the percentage passing 45 µm ranged from 22.7% to 62.4%, averaging 36.7%.

Click here for the full ASX Release

This post appeared first on investingnews.com

Previous Post

Ashburton Mineralisation Expands as Project Delivers Wide and High-grade Uranium Drill Results

Next Post

Key Mining Approval Received for Fountain Head Gold Project, NT

Next Post
Key Mining Approval Received for Fountain Head Gold Project, NT

Key Mining Approval Received for Fountain Head Gold Project, NT

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent News

    Trump foe Boasberg orders DOJ to detail status of CECOT migrants sent to Venezuela

    Trump foe Boasberg orders DOJ to detail status of CECOT migrants sent to Venezuela

    July 25, 2025
    Hamas ‘hardens’ stance in ceasefire talks as Netanyahu recalls negotiation team

    Hamas ‘hardens’ stance in ceasefire talks as Netanyahu recalls negotiation team

    July 25, 2025
    White House sends mixed signals in Russia ‘hoax’ blame game

    White House sends mixed signals in Russia ‘hoax’ blame game

    July 25, 2025
    Ex-Biden chief of staff giving ‘credible’ answers in House Oversight cover-up probe, lawmakers say

    Ex-Biden chief of staff giving ‘credible’ answers in House Oversight cover-up probe, lawmakers say

    July 25, 2025
    Disclaimer: bankstreetjournal.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Popular

    Sports executive charged with bid-rigging in Texas arena project

    Sports executive charged with bid-rigging in Texas arena project

    July 11, 2025

    Essence Fest leads a summer of events for Black entrepreneurs galvanized by economic uncertainty

    Essence Fest leads a summer of events for Black entrepreneurs galvanized by economic uncertainty

    July 4, 2025

    Recent News

    Trump foe Boasberg orders DOJ to detail status of CECOT migrants sent to Venezuela

    Trump foe Boasberg orders DOJ to detail status of CECOT migrants sent to Venezuela

    July 25, 2025
    Hamas ‘hardens’ stance in ceasefire talks as Netanyahu recalls negotiation team

    Hamas ‘hardens’ stance in ceasefire talks as Netanyahu recalls negotiation team

    July 25, 2025
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2024 BankStreetJournal.com | All Rights Reserved

    No Result
    View All Result
    • Business
    • Politics
    • World
    • Investing

    Copyright © 2024 BankStreetJournal.com | All Rights Reserved