Hastings Technology Metals Ltd. is pleased to advise that a drilling contractor has been engaged for the 2020 Yangibana exploration program. The priority focus of the program is to test a series of highly prospective extensional targets within the Yangibana project, with the intention of increasing the existing 21.25Mt JORC Resource and extending planned mine life. The primary target of the program is the Bald Hill [...]
Hastings Technology Metals Ltd. has received a works permit to construct the Yangibana Rare Earths Project process plant under Part V of the Environmental Protection Act 1986 . Following a rigorous assessment process and a public advertisement period, the Department of Water and Environmental Regulation has issued a works permit subject to conditions for a number of prescribed facilities at the Yangibana Project [...]
Hastings Technology Metals Ltd. provide the quarterly activities report for the period ending March 2020. Highlights: - Commonwealth Environmental Approvals received to construct and operate an open pit rare earths mine, processing facility and associated support infrastructure at Yangibana. - Drilling along the Auer and Yangibana mineralised trends confirms that mineralisation remains open along strike and at depth [...]
Hastings Technology Metals Ltd. is pleased to announce results from the 2019 Environmental drilling program implemented to study Stygofauna populations. - Recent drilling along the Auer and Yangibana mineralised trends confirms that mineralisation remains open along strike and at depth beyond the current resource. - Significant new results from Auer including; - 16 metres @ 1.94% TREO including 0.68% Nd2O3+Pr6O11 and - 15 [...]
Hastings Technology Metals Ltd. is pleased to advise that Mr Gregory Manning, delegate of the Hon. Sussan Ley MP, Australian Minister for the Environment, has granted the Commonwealth Environmental permit for the Yangibana Rare Earths Project. - Commonwealth Environmental approvals in place for mining Rare Earths at the Yangibana Rare Earths Project. - The Commonwealth Approvals are in place to construct and operate an [...]
At the end of the period under review, Hastings Technology Metals Ltd. reported a significant increase in the measured and indicated portions of the global Geological Resources. Combined Measured and Indicated Resources increased by 13% or 1.7Mt to 15.1Mt. An increase in the Probable Ore Reserves at the Yangibana Project was also announced with total Probable Ore Reserves increasing to 12.20 million tonnes at 1.13%TREO [...]
The Directors of Hastings Technology Metals Ltd. are pleased to announce a significant change to the Mineral Resource classifications for the Simon's Find deposit. A Mineral Resource re-estimate for Simon's Find was instigated as part of a review of all Mineral Resources which commenced during 2019. This resulted in a material change of the Mineral Resource Categories for the Indicated and Inferred portions. Indicated [...]
Hastings Technology Metals Ltd. continued to progress development activities during the quarter with key accomplishments including the following; - 18% increase in Ore Reserves, mine life extended by 2 years to 13 years - 13% increase in Measured and Indicated Mineral Resources - Increase in Total Rare Earths Oxide of 8,200t or 5% to 171Kt in the Measured and Indicated Mineral Resource Categories. - Increase in Neodymium [...]
Hastings Technology Metals Ltd. is pleased to advise that it has received firm commitments to raise A$12 million before costs in a share placement to institutional and sophisticated investors . Canaccord Genuity Limited acted as Lead Manager to the Placement. The Company will issue 83,916,084 new ordinary Shares at a price of 14.3 cents per share, and 41,958,042 free attaching options under LR7.1 on the basis of one [...]
Hastings Technology Metals Ltd. releases the latest investment presentation. The presentation outlines the key milestones of the company since 2014 and includes extensive detail on mine planning and construction. Additionally a detailed comparison of rare earth deposits of commercial relevance. To view the Presentation, please visit: https://abnnewswire.net/lnk/5A20HYTM About Hastings Technology Metals Ltd: [...]
In July 2018, KFW IPEX-Bank was mandated by Hastings as the Lead Arranger to provide project finance loan advisory services and assistance to Hastings in relation to securing approval from Euler Hermes Aktiengesellschaft for the German government sponsored UFK scheme . Highlights - KfW and Euler Hermes confirm continuing support for Yangibana project financing. - Negotiations on long-form term sheet initiated [...]
Hastings Technology Metals Ltd. is pleased to announce successful completion of bulk sample testing through an ore sorting circuit. These outstanding results confirm earlier results from smaller drill core derived samples, which were tested with two different ore sorter vendors. - 95.1% recovery of contained Nd2O3+Pr6O11 on 1.8 tonne sorted bulk sample. - 52% increase in head grade from 0.71% to 1.08% Nd2O3+Pr6O11 [...]
