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Sydney, April 28, 2017 AEST (ABN Newswire) - Hastings Technology Metals Ltd (ASX:HAS) is pleased to provide the Company's Quarterly Activities Report.

- Continuous beneficiation pilot plant testing has successfully validated the simple and effective flowsheet of the Yangibana flotation process

- The pilot operation confirmed 70% TREO recovery at a final concentrate grade of 23% TREO

- Optimised flotation circuit chemistry improved recovery to >80% at a higher TREO grade

- Generated concentrate for next stage hydrometallurgy pilot plant operation

- Environmental Impact Assessment (EIA) lodged with Western Australia (WA) Environmental Protection Authority (EPA)

- Referral Submission lodged with Commonwealth Department of Environment and Energy

- Preliminary Mine Development Proposal (MDP) lodged with WA Department of Mines and Petroleum (DMP)

- Commencement of iterative reviews of the applications with EPA and DMP to map out approval timelines

- Drilling beyond the limits of current resources at Bald Hill returns the highest accumulation of neodymium and praseodymium oxides to date throughout the Yangibana Project

- Phase 5 drilling programme delayed by rain

To view the full report, please visit:
http://abnnewswire.net/lnk/Y7DVE5I5


About Hastings Technology Metals Ltd

Hastings Technology Metals Ltd (ASX:HAS) (FRA:5AM) is a leading Australian rare earths company, with two rare earths projects hosting JORC-compliant resources in Western Australia.

- The Yangibana Project hosts JORC Resources totalling 13.41 million tonnes at 1.18% TREO (comprising Measured Resources of 2.16 million tonnes at 1.01% TREO, Indicated Resources of 5.45 million tonnes at 1.30% TREO and Inferred Resources of 5.81 million tonnes at 1.12% TREO), including 0.39% Nd2O3+Pr2O3.

- 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, hybrid cars, wind turbines and energy efficient light bulbs.

- The Company aims to capitalise on the strong demand for critical rare earths created by expanding new technologies.

 


Contact

Charles Tan
Chief Operating Officer
M: +61-457-853-839

Andy Border
General Manager Exploration
T: +61-2-9078-7674



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