Larvotto Resources (ASX:LRV) has announced maiden total rare earth element oxide (TREO) results from aircore drilling at its Merivale South prospect in Western Australia.
Merivale South lies within Larvotto Resources' 100%-owned Eyre project, 40km east of Norseman within the Albany-Fraser range sequence of rocks, known for its rare earth mineralisation.
The company highlighted very encouraging results with multiple wide, near surface intersections of TREO, including 6m @ 3140 ppm TREO from 18m, with 17.33% combined NdPr (neodymium praseodymium) and 2.93% Dy (dysprosium).
Larvotto Resources says it's expected that the mineralisation is hosted within ionic clays, making them suitable for simple, cost-effective extraction.