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Cyclone Metals plans detailed exploration of newly granted tenements prospective for rare earths This is yet another exciting project we have been working on and with rare earth prices at high levels we will continue to work on this project for the benefit of shareholders,” says chairman. Grant of these tenements will allow Cyclone to begin planned exploration programs in the area.
Cyclone Metals Ltd (ASX:CLE) intends to move quickly to explore for high-value rare earths after being granted two exploration licences over the Dogger and Sebastian Projects in Western Australia’s Carnarvon Basin.
Wholly-owned subsidiary Metal Exploration Pty Ltd was granted tenements E09/2441 and E09/2442, covering around 914 square kilometres on May 17, 2021.