Bastion Minerals reveals major findings

Bastion Minerals (ASX:BMO) has announced significant findings from its recent exploration activities in Sweden. The company's reconnaissance mapping and portable X-ray fluorescence (pXRF) sampling program along the REE Line has revealed high-grade mineralization. Results show up to 18.5% Total Rare Earth Elements plus Yttrium (TREE+Y) and 24% copper.

Summary and future outlook for Bastion Minerals

Bastion Minerals (ASX:BMO) has reported promising exploration results from its reconnaissance mapping and pXRF sampling program in Sweden. The findings indicate significant high-grade rare earth elements and copper mineralization, specifically associated with magnetite skarns. The company's exploration strategy involves continued sampling and mapping to rank mineralized zones and identify drill targets. Laboratory assays are expected by late November for further validation of the pXRF results. Bastion aims to prioritize drilling based on the highest REE and copper grades. Additionally, the company plans further exploration across its properties along the REE Line, aligning with its goal to expand its resource base in Sweden.

Executive commentary on exploration results

The results from our reconnaissance mapping and pXRF sampling are very encouraging and validate our exploration strategy in Sweden. We are particularly excited about the high-grade REE and copper mineralization identified, which aligns with our goal to expand our resource base. We look forward to continuing our exploration efforts and obtaining laboratory assay results to further confirm these findings.