SOUGHT AFTER TENEMENT PACKAGE

 

• Strategically located to world class rare earth and niobium deposits
   

• Located 120km north of Pickle Lake in Ontario with year round access to the project

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• Carbonatite-hosted REE-Nb mineralisation at surface

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HISTORICAL EXPLORATION RESULTS:

 

• High grade REE up to 5.7% TREO in drilling and 1.8% niobium in surface trenching

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• 21m zone to end of hole >0.1% TREO with up to 1.5m @ 5.7 % TREO from 3m that is open in all directions

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• High NdPr ratio up to 34%

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• Surface trenching up  to 7.6m @ 0.3% niobium with up to 1.8% that is open in all directions​

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​UNDEREXPLORED RESOURCE

 

• Similar in size and scale to Niobec REE-Nb deposit

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• Niobec is a giant resource with >1Bt at 1.7% TREO and 697Mt at 0.4% niobium and has been in operation in Quebec since 1979

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• Niobec sold in 2014 for $0.53 billion USD

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