Altona is a rare-earths junior focused on the Monte Muambe project in Mozambique. Since entering a farm-in in June 2021 Altona has made rapid progress in development. Three drilling programmes have been undertaken and recently the company has announced its inaugural JORC resource statement together with the results of a scoping study. The indications are that Monte Muambe has the potential to evolve as a mid-tier, high-grade rare earths mine and processor. A pre-feasibility study is scheduled to ....

01 Nov 2023
Allenby Capital: Altona Rare Earths plc - Initiation

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Allenby Capital: Altona Rare Earths plc - Initiation
Altona Rare Earths Plc (REE:LON) | 2.0 0 (-4.9%) | Mkt Cap: 3.25m
- Published:
01 Nov 2023 -
Author:
Peter Dupont -
Pages:
42 -
Altona is a rare-earths junior focused on the Monte Muambe project in Mozambique. Since entering a farm-in in June 2021 Altona has made rapid progress in development. Three drilling programmes have been undertaken and recently the company has announced its inaugural JORC resource statement together with the results of a scoping study. The indications are that Monte Muambe has the potential to evolve as a mid-tier, high-grade rare earths mine and processor. A pre-feasibility study is scheduled to ....