RARE EARTH PROJECTS
The MRT REE property is located approximately 65 km east from the Pope's Hill property. The average values in the area are: 2752 ppm (0.27%) La, 4969 ppm (0.5%) Ce, 483 ppm Pr, 1532 ppm (0.15%) Nd, 183 ppm Sm, 10.5 ppm Eu, 110.5 ppm Gd, 12 ppm Tb, 57 ppm Dy, 9.5 ppm Ho, 23 ppm Er, 3 ppm Tm, 16.5 ppm Yb, 2 ppm Lu, and 225 ppm Y. Average values for sample results >1.5% TREE+Y are: 10708 ppm (1.07%) La, 19166 ppm (1.92%) Ce, 1851 ppm (0.18%) Pr, 5806 ppm (0.58%) Nd, 672 ppm Sm, 35 ppm Eu, 398 ppm Gd, 41 ppm Tb, 192 ppm Dy, 31 ppm Ho, 76 ppm Er, 9 ppm Tm, 52 ppm Yb, 7 ppm Lu, and 789 ppm Y. Uranium results from the 60 rock samples give seven values > 500 ppm U, including four >1000 ppm (0.1%) U.
YTTERBY PROJECT
The Ytterby Project is consist of up to 93% heavy rare earth elements.
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A district scale rare earths project available for option:
Zone A Showing up to 1.34% TREO + Y203
Zone B Showing up to 2.15% TREO + Y203
CP Showing up to 2.35% TREO + Y203
CP North Zone up to 1.61% TREO + Y203
Marion Zone up to 3.75% TREO + Y203
Plug Showing up to 1.14% TREO + Y203
Ninety Showing yielded 0.49% TREO + Y2O3, with a 93% ratio of HREO + Y2O3
We have modeled new targets based on allanite and the mafic mineral hypersthene. Hypersthene is the signature at Steenkampskraal in the Northern Cape, South Africa, which is one of the richest REE deposit in the world. There is huge potential on our REE project.