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Schryburt Lake REE-NB Project: Technical Review Highlights Significant Potential

  • Writer: Lachlan Horn
    Lachlan Horn
  • Oct 16, 2023
  • 1 min read

Updated: Oct 24, 2023


HIGHLIGHTS

  • Independent targeting study completed at Schryburt Lake confirms large scale potential of high priority drill targets at Blue Jay, Goldfinch and Starling and identifies 13 new drill targets

  • 3D magnetic inversion demonstrates extensive depth potential to over 1,000 m of the priority drill targets defined that are associated with surface anomalies over 500 to 1,000 m of strike

  • The depth extent of these anomalies is characteristic of large REE-niobium deposits at Schryburt

  • Bindi submitted application for the 4th round of the Ontario Junior Exploration Program funding to cover exploration costs for critical metals for up to CAD$200,000

  • Drill permitting progressing well with First Nations discussions ongoing for drilling access



 
 
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RARE EARTHS & COPPER

MARKET INTELLIGENCE

Making high impact copper discoveries in Eastern Australia’s worldclass porphyry copper belts and rare earths discoveries in Canada’s most endowed rare earth terrain and globally one of richest and most prospective rare earth belts

Rare Earths

Neodymium-Praseodymium (NdPr) are critical to the manufacture of rare earth permanent magnets. NdPr magnets vital to Electric Vehicles (EV), wind turbines and everyday electronics. Market growth for NdPr oxides to increase at 10 % CAGR  during the 2020 to 2030 period

 

Copper

The global market for Copper estimated at US$170.6 Billion in the year 2022, is projected to reach a revised size of US$298.4 Billion by 2030, growing at a CAGR of 7.2% over the period 2022-2030

The company is strategically exploring for copper and rare earths in teir-1 jurisdictions to meet this demand and believes exploration successes will create a highly valuable company

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