The 100%-owned Perenjori rare earth project comprises two contiguous granted exploration licences E70/6397 and E70/6398 (329 km2) in the Mid West region, approximately 185 km east-south-east of the port city of Geraldton. The underlying tenure at Perenjori is represented by a mixture of unallocated Crown land, general lease (for grazing purposes) and private farm land.
The exploration model being investigated by HRE is heavy rare earths (HREE)-enriched ion adsorption clay-hosted deposits. The area ranked very highly in an internal study targeting this style of mineralisation in Western Australia’s palaeochannels.
The Perenjori project area is virtually unexplored with no historic exploration drilling completed on the project area. 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 Perenjori project, see here.