Mount Ridley grabs full control of southwest critical minerals corridor

The West Australian11-12

Mount Ridley Mines has locked in full control of the gravity high underlying its critical minerals-rich Grass Patch Complex, 70km north-northeast of Esperance in WA, by expanding its tenement area to ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2582349248?lang=en_US&edition=fundamental","thumbnail":"https://images.thewest.com.au/publication/C-20656189/306a6ef0c0897485914178ad80064794ebc4c295.jpg","is_english":true,"pubTime":"2025-11-12 05:54","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2582349248","market":"nz","top_or_hot":-1,"title":"Mount Ridley grabs full control of southwest critical minerals corridor","media":"The West Australian","content":"<div>\n<p>Mount Ridley Mines has locked in full control of the gravity high underlying its critical minerals-rich Grass Patch Complex, 70km north-northeast of Esperance in WA, by expanding its tenement area to ...</p>\n\n<a href=\"https://thewest.com.au/business/bulls-n-bears/mount-ridley-grabs-full-control-of-southwest-critical-minerals-corridor-c-20656189\">Source Link</a>\n\n</div>\n","source":"thewest_stock","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Mount Ridley grabs full control of southwest critical minerals corridor</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMount Ridley grabs full control of southwest critical minerals corridor\n</h2>\n\n<h4 class=\"meta\">\n\n\n2025-11-12 05:54 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://thewest.com.au/business/bulls-n-bears/mount-ridley-grabs-full-control-of-southwest-critical-minerals-corridor-c-20656189><strong>The West Australian</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Mount Ridley Mines has locked in full control of the gravity high underlying its critical minerals-rich Grass Patch Complex, 70km north-northeast of Esperance in WA, by expanding its tenement area to ...</p>\n\n<a href=\"https://thewest.com.au/business/bulls-n-bears/mount-ridley-grabs-full-control-of-southwest-critical-minerals-corridor-c-20656189\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4505","symbol_name":"高瓴资本持仓","start_time":0,"source_url":"https://thewest.com.au/business/bulls-n-bears/mount-ridley-grabs-full-control-of-southwest-critical-minerals-corridor-c-20656189","article_id":"2582349248","we_media_id":null,"thumbnails":["https://images.thewest.com.au/publication/C-20656189/306a6ef0c0897485914178ad80064794ebc4c295.jpg"],"rights":{"source":"thewest_stock","url":"https://thewest.com.au/business/bulls-n-bears/mount-ridley-grabs-full-control-of-southwest-critical-minerals-corridor-c-20656189","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2582349248","pubTimestamp":1762898046,"columns":[],"sourceInfo":{"source_id":"thewest_stock","name":"The West Australian"},"weMediaInfo":null,"summary":"Mount Ridley Mines has locked in full control of its Grass Patch Complex, 70km north-northeast of Esperance in WA, by expanding its tenement area to 1069 sq kms to consolidate a key critical minerals corridor.","collect":0,"end_time":0,"defaultTopTitle":"thewest.com.au","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4505":"高瓴资本持仓","MREO":"Mereo Biopharma Group Plc","BK4139":"生物科技"},"translate_title":"雷德利山完全控制了西南关键矿产走廊","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"MREO":1},"content_text":"Mount Ridley Mines has locked in full control of the gravity high underlying its critical minerals-rich Grass Patch Complex, 70km north-northeast of Esperance in WA, by expanding its tenement area to 1069 square kilometres and consolidating a prime critical minerals corridor enclosing its massive gallium and rare earth resources.The company’s new exploration licences create a seamless, contiguous landholding that envelops Blocks 1 and 2 which comprise the core of the company’s recent maiden inferred gallium resource of 536.3 million tonnes grading 30.1ppm gallium (or 40.4ppm gallium oxide), for 16,176 tonnes of contained gallium.The strategic extensions add 31km of strike southwest of Block 1 and 15.6 kilometres northeast of Block 2, both of which host defined gallium mineral resource estimates and have intersected significant HREO mineralisation.The new ground secures Mount Ridley’s immediate step-out potential along the 68km-long by 12.5km-wide geological trend.The Grass Patch Complex stands out as an underexplored potential critical minerals bonanza, defined by gravity and magnetic highs which point to mafic intrusions that have enriched overlying clays with gallium, HREO and scandium.This strategic expansion cements Mount Ridley’s dominant position across the Grass Patch Complex, a geological domain that continues to reveal exceptional critical mineral potential which, to date, includes gallium and heavy rare earths. With most of the area yet to see any modern drilling, we are positioned to unlock substantial new growth beyond the existing resources across Blocks 1, 2 and 3. Mount Ridley Mines CEO Allister CairdTo date, just 20% of the company’s total project tenure has seen shallow aircore drilling, leaving a vast tract of untested ground ripe for extensional and potentially deeper drilling campaigns.Mount Ridley’s broader project area already contains an inferred rare earths resource of 168 million tonnes at 1201ppm total rare earth oxides (TREO) in the nearby Mia prospect in Block 3, which is now contiguous with the main tenement block, courtesy of the newly added ground.The total rare earth oxides in the Mia ground include a 25% component - or 301ppm – of the more valuable “magnet” rare earth oxides (MREO), some of which are neodymium and praseodymium and it even includes the even more lucrative heavy rare earths terbium and dysprosium.All are highly sought after for the manufacture of powerful industrial magnets used in modern electric motors, generators and other defence-related technologies.Mount Ridley is accelerating its project with a modern geophysical review due this month to pinpoint new targets, alongside re-assays of previous sample laboratory pulps to check out the local gallium, rare earths and scandium distribution.The company is also prioritising heavy rare earth and scandium assessments in Blocks 1 and 2, alongside planning drilling for further resource expansion and growth across the greater project area.Early metallurgical tests hint at possible innovative flowsheets for production of mixed rare earth carbonates with gallium co-recovery to bolster a multi-element pathway.As talks advance with critical minerals advisors for US-Australia partnerships, Mount Ridley’s location near the deepwater port of Esperance, good sealed roads and grid power positions it as a low-risk contender in Australia’s critical minerals boom.With 80% of the Grass Patch Complex still untested and drilling poised to step out from its known high-grade gallium-HREO zones, coupled with the possibility of identifying other critical elements such as scandium, the company is setting the stage for rapid news-flow over the coming months.Is your ASX-listed company doing something interesting? Contact: matt.birney@wanews.com.au","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.35.12","shortVersion":"4.35.12","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2582349248","isCrawlerRequest":true}