Key facts about Heavy Rare Earth's recent findings

Heavy Rare Earths (ASX:HRE) has reported promising results from its Radium Hill project in South Australia. Following the acquisition of an 80% interest in uranium rights from Havilah Resources, assays have shown high concentrations of rare earth elements and scandium. These findings include up to 3.6% total rare earth oxides and up to 1081 ppm scandium oxide, highlighting Radium Hill's potential for significant resources.

Overview of Heavy Rare Earth's strategic developments

Heavy Rare Earths (ASX:HRE) has acquired a significant interest in uranium rights at Radium Hill, revealing impressive concentrations of rare earth elements and scandium. The historical site, known for uranium production, now presents substantial potential for rare earths exploration. The company's strategic plan involves further exploration, with activities such as geological mapping and detailed surveys to assess the site's resource potential. These developments align with HRE's goal to enhance its resource base and capitalize on the growing demand for rare earth elements.

Executive insights on Radium Hill's potential

The recent assay results are encouraging and confirm the significant potential of Radium Hill not just for uranium but also for rare earths and scandium. Our focus will now shift to further exploration activities that will better define these resources and their economic viability.