Impact Minerals (ASX:IPT) has announced that drilling is underway at the Hyperion rare earths elements anomaly at the Arkun project in Western Australia. The soil anomaly is hosted in weathered granite and is prospective for a large clay-hosted REE deposit. Shares are trading 10 per cent higher at 2.2 cents.
Estrella Resources (ASX:ESR) has discovered yet another manganese prospect at the emerging Lautem project in Timor-Leste. The discovery of the Sauro prospect holds significance as it lies far from the manganese deposits found at Lalena, and the origin of this mineralisation remains undiscovered. Shares last traded at 0.5 cents.