Eastern Resources (ASX:EFE) has announced that spodumene has been identified in drill samples at the Trigg Hill Project, by multiple methods including logging, XRD scans and fluorescence. Executive Director Myles Fang commented: “We look forward to the assay results from our phase 1 drill samples. In the meantime our phase 2 drill program is underway to accelerate exploration at Trigg Hill.” Shares are trading 12 per cent higher at 4 cents.
Ragusa Minerals (ASX:RAS) has announced that its first round of drilling has intercepted high-grade rare earth oxide mineralisation. In response, Ragusa Chair, Jerko Zuvela said: “This is a positive result for the potential multi-commodity development of our Project – with upcoming ASX laboratory analysis results used to delineate a JORC mineral resource.“ Shares are trading 24 per cent higher at 18 cents.
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