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Cyclone Metals Ltd reaps the rewards from Lady Ethleen test-work program
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Cyclone Metals Ltd paves way for ASX trading reinstatement with moves to release prospectus and updates on activities
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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.
Cyclone Metals Ltd plans detailed exploration of newly granted tenements prospective for rare earths
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Cyclone Metals has eyes on environmentally-friendly metal processing technology
The company has completed drilling at its Lady Ethleen Project in Queensland and sufficient samples have been sent to conduct Glyleach test-work at the MPS facility in Western Australia. The GlyLeach process has significant benefits over traditional acid leaching including its environmentally-friendly state which is non-toxic.
Cyclone Metals Ltd (ASX:CLE) is pursuing the development of processing options for its copper, gold and cobalt assets in the prolific Mount Isa region of northwest Queensland.
The company believes this is an opportune time for investment in the development of new environmentally friendly processing technology for copper and other valuable metals.