Hastings Technology Metals Ltd (ASX:HAS) (FRA:5AM) provide the quarterly activities report for the period ending March 2020.
Hastings Technology Metals Ltd
- The Yangibana Project hosts Probable Reserves totaling 5.15 million tonnes at 1.12% TREO including 0.45% Nd2O3+Pr6O11 within JORC Resources totalling 21.0 million tonnes at 1.17% TREO (comprising Measured Resources of 3.9 million tonnes at 1.19% TREO, Indicated Resources of 8.6 million tonnes at 1.25% TREO and Inferred Resources of 8.4 million tonnes at 1.09% TREO), including 0.40% Nd2O3+Pr6O11.
- The Brockman deposit contains JORC Indicated and Inferred Resources totalling 41.4 million tonnes (comprising 32.3mt Indicated Resources and 9.1mt Inferred Resources) at 0.21% TREO, including 0.18% HREO, plus 0.36% Nb2O5 and 0.90% ZrO2.
- Rare earths are critical to a wide variety of current and new technologies, including smart phones, electric vehicles, wind turbines and energy efficient light bulbs.
- The Company aims to capitalise on the strong demand for rare earths permanent magnets created by expanding new technologies.
Hastings Technology Metals Limited (ASX:HAS) (FRA:5AM) is pleased to announce results from the 2019 Environmental drilling program implemented to study Stygofauna populations.
Hastings Technology Metals Limited (ASX:HAS) (FRA:5AM) is pleased to advise that Mr Gregory Manning, delegate of the Hon. Sussan Ley MP, Australian Minister for the Environment, has granted the Commonwealth Environmental permit for the Yangibana Rare Earths Project.
At the end of the period under review, Hastings Technology Metals Ltd (ASX:HAS) (FRA:5AM) reported a significant increase in the measured and indicated portions of the global Geological Resources.
The Directors of Hastings Technology Metals Limited (ASX:HAS) are pleased to announce a significant change to the Mineral Resource classifications for the Simon's Find deposit.
Hastings Technology Metals Ltd (ASX:HAS) (FRA:5AM) continued to progress development activities during the quarter with key accomplishments.
Hastings Technology Metals Ltd (ASX:HAS) (FRA:5AM) is pleased to advise that it has received firm commitments to raise A$12 million before costs in a share placement to institutional and sophisticated investors.
Hastings Technology Metals Ltd (ASX:HAS) (FRA:5AM) releases the latest investment presentation. The presentation outlines the key milestones of the company since 2014 and includes extensive detail on mine planning and construction. Additionally a detailed comparison of rare earth deposits of commercial relevance.
On 30 April 2019, Hastings received in principal eligibility for the UFK scheme for an indicative amount of up to USD140 million based on a planned off take from Schaeffler AG for 5,000 tonnes per annum of mixed rare earth carbonate from the Project's processing plant.
Hastings Technology Metals Limited (ASX:HAS) (FRA:5AM) is pleased to announce successful completion of bulk sample testing through an ore sorting circuit. These outstanding results confirm earlier results from smaller drill core derived samples, which were tested with two different ore sorter vendors.