Encounter acquired full ownership of the Aileron rare earth project

  • Thursday, February 18, 2021
  • Source:ferro-alloys.com

  • Keywords:Encounter
[Fellow]Encounter acquired full ownership of the Aileron rare earth project

Ferro-alloys.com:After Newcrest Mining withdrew from the joint venture (JV), Encounter Resources regained full ownership of the Aileron project in Western Australia. Aileron is an iron oxide copper gold (IOCG) style copper-gold rare earth project located in the West Alenta region.The rare earth project did not have any mineral exploration before.Newcrest Mining Company completed a 158-meter-deep diamond borehole named EAL001 in an unexplored zone, which has the prospect of large-scale gold and copper exploration.

  • [Editor:zhaozihao]

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