Building a Project of Global Significance
Barkly Rare Earths Limited is an Australian mineral exploration company focused on the discovery and development of critical minerals within the Northern Territory.
The company owns 100% of its flagship Barkly Project, which hosts an initial Inferred Mineral Resource of 40 Mt at 710 ppm Magnet Rare Earth Oxide (MREO), within 2100 ppm Total Rare Earth Oxide (TREO), reported above a 430 ppm NdPr cut-off grade. The resource includes a high terbium component, and low uranium and thorium.
The four magnet rare earth elements (Nd, Pr, Dy, Tb) drive price and margin differentiation across global REE assets, placing Barkly Rare Earths Limited at stage-centre of the global push to secure future magnet rare earth supply.
Barkly Project Advantage
- Massive exploration potential across 5000 km2 of granted licences for resource expansion
- 710 ppm MREO grade (Nd, Pr, Dy & Tb oxides) in Inferred Mineral Resource
- High grade flotation concentrate of 88 ppm Tb4O7, 287 ppm Dy2O3 and 9,824 ppm NdPr
- 74% MREO hydrometallurgical extraction
- 34% MREO/TREO ratio
- very low U and Th concentrations
Buntine Project Highlights
The Buntine Project, covering over 1,800 square kilometres, is located approximately one hundred kilometres southeast of Lake Argyle. The company has identified three anomalous zones of Pb-Co, U-W-Pb-Ni, and Zn-Pb-Co-Cu along a 9-kilometre mineralised corridor of Mesoproterozoic sediments, with various rock chip samples grading up to 667 ppm Zn, 1% Pb, 1760 ppm Co, 316 ppm Cu, 10% Mn, 7,100 ppm Ni, and 239 ppm Cr.
The project also includes the 1642 ± 4 Ma Fraynes Formation, which is chronographically equivalent to the Barney Creek Formation that hosts the McArthur River Pb-Zn deposit. The two formations are likely linked in the subsurface, making the Fraynes Formation a target for greenfields base metal exploration.
