Geomega PH2 Drill result ** NOTE**Looks like GMA has hit some light zones of mid to heavy RE Oxides.
MHREO to the west - Well we are located to the west! I truely wonder
if HREO are evidently strong on our property! CJC's next NR will be interesting!
1. B) Phase 2 diamond drilling program – Satellite targets
Later this fall, one of the two rigs will be mobilised to test over half a dozen targets that were defined by previous exploration work elsewhere on the Montviel Property. One of these targets is the SW extension of a polygenetic breccias unit that was cut in some of our DDHs and which roughly defines the NW contact between the REE-rich ferro-carbonatite and the silico-carbonatite. The total rare earth oxides content (TREO) of this breccia unit is lower (0.1% to 0.9% TREO) than the Core Zone but it exhibits a clear enrichment of mid and heavy rare earth oxides (MHREO) toward the west. The MHREO/TREO ratio reaches 28% over 17.1 m in hole DDH MVL-11-09 compared to ratios of 4 to 6% in the other DDH to the NE. This intercept in DDH MVL-11-09 also averaged 210 ppm of Dysprosium oxide. Limited trenching work completed in August, one kilometre to the SW of DDH MVL-11-09, revealed very similar breccias over a width of more than 30 meters. There is no DDH between these surface breccia occurrences and those in DDH MVL-11-09.