London-listed miner Rainbow Rare Earths reports that, resulting from a recent structural and lithological review of its Burundi-based Gakara project, three large carbonatite bodies have been identified, representing the regional source of rare earth elements.
The structural and lithological review involved the reinterpretation of high-resolution geophysical data by TECT Geological Consulting, which was conducted in March and April.
The results confirm the highest priority areas for the ongoing exploration programme.
Rainbow Rare Earths Ltd (LON:RBW) is a mining company focussed on production from, and expansion of, the high grade Gakara Rare Earth Project in Burundi, East Africa. With in-situ grades in the range of 47-67% Total Rare Earth Oxide (TREO), Gakara is one of the world’s richest rare earth deposits.