top of page

Durack Project Update – High-Grade Monazite-Hosted Rare Earth Elements in Western Australia

Announcement

  1. Durack project update - high-grade rare earths 24 November 2025 (click here to view the announcement)

Durack Project Update – High-Grade Monazite-Hosted Rare Earth Elements in Western Australia | Samso News

BPM Minerals Ltd (ASX: BPM) has released a significant exploration update on the Durack REE-Ti-Zr Project, located approximately 110 km south of Wyndham and 100 km northwest of Halls Creek in the Eastern Kimberley (Figure 1). The latest fieldwork has highlighted exceptionally high-grade monazite-hosted rare earths within lithified heavy mineral sandstones, reinforcing Durack as a potentially large-scale, district-wide REE opportunity.

Figure 1: Durack Project Location – Western Australia (source: BPM) \ Samso News

Figure 1: Durack Project Location – Western Australia (source: BPM)



The Business of the Company: Focus – Rare Earths Projects


BPM Minerals continues to build a diversified portfolio of precious, base, and critical minerals projects across Western Australia, with a strategy centred on Tier-1 jurisdictions and early-stage opportunities that offer scalable upside. The Company’s exploration focus remains disciplined, targeting geological systems with clear potential for grade, continuity, and long-term development pathways.


Key project areas include:

  • Durack REE–Ti–Zr Project – an emerging district-scale rare earth system hosted within lithified heavy mineral sands, now delivering exceptionally high-grade monazite-dominant rock chips.Rare Earth

  • Forelands Gold Project – a newly acquired high-grade gold system situated along a major structural corridor on the Yilgarn–Albany–Fraser margin.

  • Beachcomber Prospect (Santons Project) – with RC drilling underway and assays expected in early 2026, forming part of BPM’s broader gold exploration pipeline.

  • District-scale landholding strategy, focused on consolidating underexplored structural corridors with demonstrated mineral endowment.


Together, these projects position BPM as a proactive explorer with exposure to both the critical minerals thematic and traditional gold exploration, supported by a leadership team with a track record in major discoveries.

 

Highlights – High-Grade REE System with District-Scale Potential


  1. Exceptional Rock Chip Grades at Chandler’s Find (Figure 2)

Figure 2: Recent Rock Chip results at Chandler’s Find within the Durack REE Project (source: BPM) | Samso News

Figure 2: Recent Rock Chip results at Chandler’s Find within the Durack REE Project (source: BPM)


  • Rock chips returned exceptionally high TREO values (Figure 3), including:

    • 9.65% TREO incl. 2.20% Nd₂O₃ + Pr₆O₁₁

    • 6.34% TREO incl. 1.44% Nd₂O₃ + Pr₆O₁₁

    • 3.71% TREO incl. 0.84% Nd₂O₃ + Pr₆O₁₁

  • These results complement earlier assays of:

    • 4.89% TREO incl. 1.06% Nd₂O₃ + Pr₆O₁₁

    • 4.38% TREO incl. 0.96% Nd₂O₃ + Pr₆O₁₁



Figure 3:  Aerial view over Chandler’s Find looking northeast, showing the approximate location of rock chips collected along the prospective REE-Zr-Ti horizon of the lower Warton Sandstone. (source: BPM) | Samso News

Figure 3:  Aerial view over Chandler’s Find looking northeast, showing the approximate location of rock chips collected along the prospective REE-Zr-Ti horizon of the lower Warton Sandstone. (source: BPM)


  1. 4 km of Newly Identified High-Grade Outcrop

  • Recent fieldwork extended the footprint of Chandler’s Find by ~4 km, with mineralisation remaining open in both directions.

  • A further ~45 km strike in the southern tenements remains untested for the 2026 season.


  1. Monazite as the Dominant REE Mineral


  • Petrography confirms coarse-grained monazite (100–150 µm) within lithified heavy mineral sands, alongside zircon and Ti-bearing minerals.

  • Favourable mineral liberation characteristics support cost-efficient gravity and magnetic separation.

  1. Radiometric Data Indicates Larger District Potential

  • Priority thorium radiometric anomalies extend well beyond Chandler’s Find, defining multiple kilometre-scale targets (Figure 4)


    Figure 4: Durack Project (South) – GSWA Radiometrics (Thorium) (source: BPM) | Samso News

    Figure 4: Durack Project (South) – GSWA Radiometrics (Thorium) (source: BPM)


  • Radiometrics highlight two major prospective corridors extending over 100 km (Figure 5)

Figure 5: Durack Project (South) – GSWA Radiometrics (Thorium) (source: BPM) | Samso News

Figure 5: Durack Project (South) – GSWA Radiometrics (Thorium) (source: BPM)

 

  1. Strategic Alignment with Australia’s REE Processing Infrastructure


  • Durack’s monazite aligns with domestic downstream facilities such as Iluka’s Eneabba Rare Earths Refinery, supported by ~A$1.65 billion in federal funding.

  • High Nd/Pr content supports demand trends linked to EV motors, wind turbines, and defence technology (Figure 6).

Figure 6: Forecast NdFeB Magnet Consumption (source: BPM) | Samso News

 

Figure 6: Forecast NdFeB Magnet Consumption (source: BPM)

 


Leadership Commentary


BPM CEO Oliver Judd commented:

“We are very encouraged by the recent observations and rock chips from Chandlers find Prospect at the Durack Project. Chandlers represent less the 5% of the total strike length of the project, demonstrating the potential for this project to host a major heavy mineral sand deposit containing REE’s.
Rock chips have returned multiple high-grade Rare Earth Element assays demonstrating significant concentrations, including 9.65% TREO with 2.20% Nd2O3+Pr6O11. The REE’s are hosted within the mineral Monazite, a typical source of LREE’s globally and a favourable mineral for commercial processing. HMS style deposits can be huge, often in the billions of tonnes. With this in mind, coupled with the initial high grade rock chips, large prospective land holding and compelling scalable radiometric anomalies, the Durack Project has the potential to deliver a major REE bearing resource in a new emerging REE district. With REEs recognised as a Critical Mineral by the Australian federal government, there are opportunities to benefit from national initiatives aimed at establishing Australia as a leader in the global Rare Earth market.”

About the Project


The Durack Project covers 151 exploration blocks across multiple pastoral leases, targeting lithified heavy mineral sands within the Proterozoic Warton Sandstone.


Key attributes include:

  • 100 km of outcropping, REE-prospective strike

  • High-grade monazite-hosted REE within coarse, well-sorted heavy mineral bands

  • Geological continuity across a regional corridor

  • Project secured under a non-dilutive exclusive option agreement


The mineralisation dips gently (~10°) westward and reflects ancient beach placer systems preserved inland (Figure 7).

Figure 7: Ross Chandler standing on a well-exposed outcrop near where DRK056 was taken. Rocks dip shallowly (~10°) towards the west (right-side of image). Ross is approximately 5’6” for scale. (source: BPM) | Samso News

Figure 7: Ross Chandler standing on a well-exposed outcrop near where DRK056 was taken. Rocks dip shallowly (~10°) towards the west (right-side of image). Ross is approximately 5’6” for scale. (source: BPM)

 

 

Near-Term Milestones to Watch


According to the company’s published forward program:


  • 2026 field season will include additional sampling, radiometric surveying, and metallurgical work

  • Heritage agreement execution with Kimberley Land Council anticipated in H1 2026

  • Tenement grants expected shortly after heritage approvals

  • Expanded assessment of the ~45 km prospective strike in southern tenements

  • Continued evaluation under the Durack Project option agreement


It is also worth noting that BPM continues to advance exploration across its broader portfolio, with ongoing work at Forelands and Beachcomber expected to carry through the 2025–2026 period.


How Samso Understands the Investment Memo for the Company

Durack presents a rare combination of high-grade, geological scale, and strategic relevance within a favourable jurisdiction. The consistent presence of monazite-hosted Nd-Pr mineralisation across a growing outcrop footprint suggests the potential for a large-tonnage REE-Ti-Zr system, comparable to heavy mineral projects known for multibillion-tonne potential.

With the Australian Government actively backing downstream REE processing, projects such as Durack — featuring coarse monazite and relatively simple beneficiation pathways — stand to benefit from emerging domestic supply chains. However, true project momentum will require systematic exploration once tenure is granted, including drilling to verify continuity and tonnage potential.

 

Samso Concluding Comments


According to BPM, Durack sits within one of Australia’s most prospective yet underexplored REE terrains, and the combination of monazite dominance and strong Nd-Pr representation stands out in the current market context. What is nice to see is the potential scale implied by the newly confirmed 4 km high-grade extension and the still-untested 45 km southern corridor. This is where the long-term value proposition resides: the potential emergence of a significant REE province in the Proterozoic Warton Sandstone.


The presence of coarse, well-sorted monazite is particularly important. It not only supports favourable processing characteristics but also aligns well with Western Australia’s downstream infrastructure initiatives. As EV and magnet supply chains diversify away from China, such attributes will carry increasing strategic weight.


Durack is in a province that is hard to move logistically, and there may be issues with land access. The red tape is not easy in the Kimberley, but that is not saying that it is unworkable.


For now, Durack presents a robust early-stage opportunity with meaningful upside. As always, the path from discovery to definition is long, but the ingredients present here offer a promising start.


The Samso Way – Seek the Research


Always look beyond the headlines — the real story lies in the geological context and the long-term development pathway.


Our mission is simple: cut through the noise and spotlight what matters—genuine stories, grounded insights, and real opportunity.


Our content is well-researched and is only created if the team sees a merit in discussing the company or concept. Investors can explore our three core platforms: 



There may be numerous paths to success in investing, but the common thread among successful individuals is that they remain committed to making informed decisions. Equip yourself with the right knowledge and tools, and you will be well on your way to achieving your financial goals.


Most importantly, investors need to be absolutely diligent in understanding their own risk-reward tolerance and capabilities. Never bite off more than you can chew. As they say, Rome wasn’t built in a day, and the Great Wall stood because it took centuries to complete.


The Samso Philosophy:


Stay curious. Stay sharp. And remember—digging deeper always uncovers the real value.


In Life, there is no such thing as a Free Lunch.


Happy Investing, and the only four-letter word you need to know is DYOR.

 

To support our independent nature of our work, please head over to our Support Page and give us a helping hand in any of the ways listed. This is a new initiate for the Samso Platform, and it was always the concept of Samso when we started this journey in 2018.


Disclaimer

The information or opinions provided herein do not constitute investment advice, an offer or solicitation to subscribe for, purchase or sell the investment product(s) mentioned herein. It does not take into consideration, nor have any regard to your specific investment objectives, financial situation, risk profile, tax position and particular, or unique needs and constraints.



Share to Grow: Your Bonus


Samso has just released an eBook: How to Add Value to your Share Portfolio


Download eBook | Samso Insights
Download eBook

If you find this article informative and useful, please help me share the information. I try to write about topics that are interesting and have the potential to be of investment value. It is not easy to find stories that fit those parameters. If you or your organisation sees the benefit of what Samso is trying to achieve and has a need to share your journey, please contact me at noel.ong@samso.com.au.



Samso is a trusted platform that equips dedicated investors with up-to-date industry knowledge and insights from top CEOs and thought leaders. By staying informed on business advancements and market trends, investors can enhance their financial decisions through a combination of expert guidance and their own research.

 

 

bottom of page