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Barkly Rare Earths hits 3,228 ppm TREO intervals

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Story summary
  • Barkly Rare Earths reports high-grade mineralisation at its Barkly project in the Northern Territory.
  • Assays from 28 holes include a 2-metre 2,716 ppm TREO interval and a 1.5-metre 3,228 ppm interval.
  • MREO comprised 31-40 % of TREO in 27 of the 28 intercepts.
  • The company listed on the ASX in January after an oversubscribed $8 million IPO.
  • Barkly reports 68 drilled holes, a plan for 300+ more, and a 100 % initial strike rate.