1934 Tour de France, Stage 1 to Stage 12

SECOND DEEP DRILL HOLE INTERCEPTS 1,000 METRES OF MINERALISATION GRADING 2.6% TREO

Retrieved on: 
Monday, September 18, 2023

SYDNEY, Sept. 17, 2023 /PRNewswire/ -- Lindian Resources Limited (ASX:LIN) ("Lindian" or "the Company") is pleased to advise of the receipt of assay results from KGKDD009, the second of two holes in the Phase 2 depth extension exploration drilling program, and drill hole KGKRCDD083, at the Kangankunde Rare Earths Project, Malawi.

Key Points: 
  • 1,000 metres at 2.6% TREO in KGKDD009 with multiple standout intercepts including:
    805.26 metres @ 2.90% TREO from 152.85 metres, including
    652.41 metres @ 3.0% TREO from 347.59 metres to end of hole (EOH), ~700 metres below base of current resource estimate, including
    In addition to the results from the second deep drill hole, assay results have been received  for KGKRCDD083 of 325 metres @2.49% TREO and averaging ~20% NdPr; this has provided valuable information on the undrilled western boundary of the carbonatite, showing that mineralisation extends further west than originally thought (see figure 3)
    Update on Kangankunde Stage One Project workstreams are pending.
  • We are well into this workstream and will report on results as we update shareholders on mine development."
  • Lindian's Chief Executive Officer, Alistair Stephens commented: "These assays from the second deep drill hole reinforce all of  Kangankande's key characteristics – high grade mineralisation consistent across very thick intercepts, a favourable NdPr ratio and a non-radioactive concentrate for transportation.
  • A standout from this hole is the very high grade mineralisation at depth, and the fact that the hole ended at 1,000 metres in mineralisation exceeding 3.2% TREO; This adds to Kangankunde's potential scale and the quality of its mineralisation.

Westbridge Expands Alberta Footprint with Acquisition of 236 MW Sunnynook Solar PV Project and 100 MW of Battery Energy Storage System

Retrieved on: 
Wednesday, December 1, 2021

Solar portfolio in Alberta and Texas surpasses 700 MW

Key Points: 
  • "The acquisition of Sunnynook significantly expands Westbridge's footprint in Alberta from 278 MWdc to 514 MWdc and further demonstrates the Company's ability to originate and acquire utility-scale development assets in leading jurisdictions for solar project development.
  • "The Sunnynook project will provide clean, renewable energy to Albertans and benefit the local economy by creating new jobs in a fast-growing industry."
  • Westbridge CEO Stefano Romanin added, "Sunnynook will employ leading-edge technologies, pairing solar PV generation with an advanced battery energy storage system, mitigating the intermittency of solar power.
  • Westbridge now controls three utility-scale solar PV development projects totalling 735 MW, including two Alberta solar PV projects and the recently announced 221 MW development project in Accalia Point, Texas.