Merino Project, Western Australia
The 100%-owned Merino rare earth project comprises two contiguous granted exploration licences E59/2795 and E59/2796 (269 km2) in the Mid West region, approximately 225 km east-north-east of the port city of Geraldton along the Geraldton-Mount Magnet Road. The underlying tenure at Merino is represented by the Wagga Wagga and Muralgarra pastoral leases.
The exploration models being investigated by HRE are heavy rare earths (HREE)-enriched ion adsorption clay-hosted and calcrete-type uranium deposits. The area ranked very highly in an internal study targeting these styles of mineralisation associated with Western Australia’s palaeochannels.
The Merino project area is virtually unexplored with only a single exploration hole drilled into it. HRE plans to complete a first-pass sweep of the project, comprising soil, rock and water bore sampling, and passive seismic, during 2024.
For more information about the Merino project, see here.