Reach Resources (ASX:RR1) said its strategic review of the Murchison South gold project in Western Australia confirmed gold prospectivity, highlighting high-grade zones that remain open at depth and along strike, according to a Friday filing with the Australian bourse.
Target infill gaps within the revised block model will be prioritized to confirm immediate open pit mining opportunities at the project.
Mining Plus was also engaged to conduct an independent review of the project.
Assay results from drilling at the company's Wabli Creek target zone in Western Australia confirmed rare earth elements mineralization, with significant mineralization found near the surface and throughout multiple drill holes and total rare earth oxide grades as high as 7,193 parts per million (ppm) and magnet rare earth oxide grades up to 1,809 ppm.
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