CatalystWireBeta

JORC Fluorspar Resource To Include Gallium

In brief · summary, not quotable

Metallurgical testing confirms fluorspar flotation process separates gallium into tailings; JORC resource estimate to include both commodities by end 2025.

  • Soil samples sent for assay 280
  • Expected drilling programme duration 2 months
  • Initial drilling metres planned 2,000 metres
  • Gallium pathfinder threshold in samples over 60ppm
  • Monte Muambe rare earths JORC resource 13.6Mt at 2.42% TREO
  • Targeted fluorspar production 50,000 tonnes per annum
Full announcement

Select text to share a quote on X · sign in to keep highlights & notes in your TERA notes

Altona Rare Earths PLC (LSE: REE), a resource exploration and development company focused on critical raw materials in Africa, is pleased to provide an update on Monte Muambe's fluorspar and gallium drilling and resource estimate plans.

Highlights

  • Metallurgy results on a sample of gallium-bearing fluorspar ore confirmed that the flotation process will lead to a separation of fluorspar (in the concentrate) and gallium (in the process tailings), providing a potential two step pathway to recover both fluorspar and gallium.
  • Considering the affinity between fluorspar and gallium, the planned JORC Mineral Resource Estimate ("MRE"), expected by the end of 2025, will report both commodities.
  • Drilling of hole MM111, which is expected to intercept both fluorspar and gallium mineralisation, has started.
  • 280 soil samples have been sent to the laboratory in South Africa for fluorine assays. Results are expected to lead to the discovery of additional fluorspar resources which will be included in the drilling plan.

Gallium Metallurgical Behaviour During Fluorspar Recovery Confirmed

Altona is pleased to announce that it has received from SGS Lakefields results from metallurgical testing of a fluorspar ore sample containing gallium. The results confirm that during the process of fluorspar recovery by flotation, gallium is correlated with aluminum (contained in feldspar) and negatively correlated with fluorspar. This behavior is consistent with the Electronic MicroProbe Analysis results announced by the Company on 4 September 2025.

These results provide further comfort that, during fluorspar recovery via flotation, gallium will report into the tailings, hence providing a potential two step pathway to recover both fluorspar and gallium. Gallium recovery from the fluorspar tailings will be tested as part of advanced metallurgical studies for the production of commercial grade acid-spar.

Fluorspar Resource Definition Strategy Updated to Include Gallium

Altona is pleased to announce that, following its announcement of 4 September 2025, the Monte Muambe resource drilling programme has started with hole MM111. This hole is designed to intersect both high-grade fluorspar ore and adjacent low-grade fluorspar ore containing gallium, which will help understand the geometry, size and grade of both fluorspar and gallium mineralisation.

The initial drilling programme of 2,000 meters of diamond and reverse circulation drilling is designed to support the preparation of a fresh MRE, provide representative samples for advanced metallurgy, and allow the gathering of more geological data on associated gallium mineralisation.

Considering the proximity between fluorspar mineralisation and gallium mineralisation, as well as the separation and recovery pathway provided by mineralogy and metallurgy results obtained so far, the Company is pleased to announce that, in addition to fluorspar, a gallium MRE will also be reported.

The drilling programme is expected to last 2 months with the MRE published by the end of 2025.

Soil Samples Sent for Assay

280 soil samples collected earlier this year were sent to SGS South Africa for fluorine assay. The samples were selected on the basis of their high gallium content (over 60ppm) as this chemical element has previously proven to be a reliable pathfinder for fluorspar. The results of these assays are expected to lead to the discovery of additional fluorspar resources at Monte Muambe.

Cédric Simonet, CEO of Altona, commented:

"I am very pleased with the progress made in understanding gallium occurrences at Monte Muambe which allowed us to pinpoint a close geological association between gallium and fluorspar, but also a pathway to separate both minerals during fluorspar recovery. The results we have obtained so far now justify reporting gallium in the upcoming JORC fluorspar MRE. This will allow Altona to quantify this commodity, and to substantially increase the value of this asset for the Company's shareholders."

To subscribe for RNS alerts, please visit: https://investors.altonare.com/

Altona Rare Earths Plc

Cédric Simonet, CEO +44 (0) 7778 866 108

Louise Adrian, CFO +44 (0) 7721 492 922

Strand Hanson Limited (Financial Adviser) +44 (0) 20 7409 3494

Christopher Raggett

Imogen Ellis

Oberon Capital (Corporate Broker) +44 (0) 20 3179 5300

Nick Lovering

Adam Pollock

Aimee McCusker

About Altona Rare Earths Plc

The multi-commodity Monte Muambe Project in northwest Mozambique is a highly prospective tenement hosting rare earths, fluorspar, and gallium mineralisation. Since acquiring the project in June 2021, Altona has drilled over 7,800 metres, delivering a maiden JORC Mineral Resource Estimate of 13.6Mt at 2.42% TREO, secured a 25-year mining licence (granted December 2024), and published a Competent Person Report and scoping study for the rare earths component of the project (October 2023). The Company is actively seeking a strategic downstream rare earths partner to advance the project through the prefeasibility stage.

In parallel, Altona is progressing plans to fast-track the development of high-grade fluorspar veins identified along the western and southern margins of Monte Muambe, with a targeted production of 50,000 tonnes per annum of acid-grade fluorspar over a minimum 12-year mine life. Acid-grade fluorspar is a key input in a wide range of applications, including hydrofluoric acid and lithium battery electrolyte production, placing Altona in a strong position to supply this critical material.

Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.

Share this quote

Quote card
Post on X WhatsApp Download image

The link opens this announcement with the quote highlighted. Quotes are checked against the original text.

Add a note