Lion Rock Minerals Initiates Drilling at Minta Rare Earths Project in Cameroon
Lion Rock Minerals, an Australian mining company, has commenced a large-scale drilling program at its Minta Est exploration site in Cameroon's Centre region. The initiative involves over 1,000 drill holes across a 250-square-kilometer area, targeting high-value minerals such as rutile, zircon, monazite, and xenotime. These minerals are rich in strategic rare earth elements, which are crucial for various industrial applications. Recent fieldwork has confirmed the presence of alluvial soils with high monazite content, reaching grades of up to 74 percent, and significant xenotime concentrations. The project is supported by Tronox Holdings plc, a global player in titanium and industrial minerals, which has provided funding through a private placement, acquiring a 5 percent equity stake in Lion Rock Minerals. 
