Artha Resources Corporation (TSX.V:AHC) has made good progress with the reconnaissance work at its Cachi rare earth property in Salta Province in Argentina.
The 30,000 hectares in the southern half of the 60,000 hectare property has seen reconnaissance work completed.
129 stream sediment samples and 182 rock chip samples had been collected. Three targets have been now recommended for follow up based on the test results as the focus is on niobium tantalum type mineralization with accessory rate earth elements (REE).
Artha Resources deems the prospectivity of the property to be very high based on the geology of the region and the results up to date. The property is 100% owned by Artha Resources and the work programs recently concluded are the first modern and systematic mineral exploration activities conducted in the region.
The stream sediment sampling has reported geochemical anomalies of tantalum, niobium, cesium, uranium, thorium, hafnium plus some REE anomalies to the south of the property and zinc and lead to the north of the property.
Highlights from Artha Resources REE Program
- Staked over 100,000 hectares in Jujuy and Salta Provinces, NW Argentina.
- The properties are known to be prospective for a variety of light and heavy rare earths elements, including yttrium.
- Geology is dominated by Ordovician sediments, Tertiary intrusives and Carbonatites with little detailed exploration ever being done.
- Rare earth mineralisation observed to date in Jujuy, is hosted in stockwork veins with the host structures up to 10 metres wide and over 6km in strike length.