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- Hyperion Metal’s (HYM) has processed 1.5 tonnes of bulk rare earths as part of ongoing test works from its Titan Project in the U.S.
- The programme looked to confirm that Titan was amenable to standard processing techniques and to produce products for potential customers and strategic partners
- HYM has also completed additional analytical testing of rare earth bearing minerals for the production of titanium powders and wrapped up a 78 hole phase three drilling programme
- Results from this analytical data and the phase three drilling effort are set to lead to an initial mineral resource estimate for the Titan project in the coming months
- Hyperion Metals shares are down 1.74 per cent, trading at $1.13
Hyperion Metal’s (HYM) has processed 1.5 tonnes of bulk rare earths as part of ongoing test works from its Titan Project in the U.S.
The programme looked to confirm that Titan was amenable to standard processing techniques and to produce products for potential customers and strategic partners discussions.
Additionally, the test work programmes sought to conduct additional
analytical testing of rare earth bearing minerals and downstream test work related to the production of titanium powders.
Concurrently, Hyperion has completed an additional 78 holes of its phase three drilling program, with the results also expected to be released to market in the second quarter of 2021.
Results from this analytical data and the phase three drilling effort are set to lead to an initial mineral resource estimate for the Titan project in the coming months.
Hyperion Metal’s Managing Director Anastasios Arima said the test work highlighted the potential for Hyperion to become one of the most important suppliers of critical minerals in the U.S.
“I look forward to the release of further results and the delineation of our initial Mineral Resource Estimate which will continue to move us towards our mission of developing a world-leading, low-to-zero carbon critical minerals supply chain,” he commented.
Hyperion Metals shares are down 1.74 per cent, trading at $1.13 at 4:49 pm AEST.
