Core Insights - Argyle Resources Corp. has provided an update on its diamond drilling program at the Clay Howells Rare Earth Element (REE) Project, indicating significant progress and promising findings [1][2]. Drilling Progress - The drilling campaign has completed four holes, with drilling currently underway on the fifth hole, CH-25-05 [2][3]. - A total of 1231 meters were drilled from September 21st to September 29th, averaging 102.6 meters per day [3]. - Hole CH-25-05 is currently at 267 meters of a planned 300 meters, with drilling expected to be completed shortly [3]. Significant Findings - A notable discovery was made in hole CH-25-04, where a 5.9-meter interval of magnetite-layered carbonatite was encountered between 165.25 and 171.15 meters [4][5]. - Preliminary analysis confirmed the presence of high-grade REE, including cerium, lanthanum, neodymium, and praseodymium, making this one of the most promising intervals in the drilling program [5]. Future Plans - The company plans to continue drilling in the same magnetic anomaly area following the success of hole CH-25-04 [2][5]. - The next planned hole, 2025-AR-006-b, will commence after the completion of CH-25-05 [3]. Company Overview - Argyle Resources Corp. is a junior mineral exploration company focused on acquiring and exploring natural resource properties in North America, including the Clay Howells REE project in Ontario [9].
Argyle Resources Corp. Provides Drilling Update for Clay Howells REE Project