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Mining & Resources
Sagon debuts ‘globally significant’ maiden REE resource for Cummins Range
Less than a month after cementing ownership of the Cummins Range rare earth element project in Western Australia, Sagon Resources (ASX: SG1) has debuted what it calls a “globally significant” maiden resource for the asset, which it claims is equivalent to more than 147 million kilograms of total rare earth oxides (TREO). The maiden inferred […]
Mining & Resources
Sagon Resources cements Cummins Range rare earths project ownership as US looks to Australia for supply
After shareholders gave the green light, Sagon Resources (ASX: SG1) has now cemented its 100% ownership of the Cummins Range rare earth element project in WA’s Kimberley. According to Sagon, Cummins Range is one of only two known rare earth baring carbonatite deposits in Australia. Rare earth producer Lynas Corporation (ASX: LYC) holds the other […]
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