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TANTALUM-LITHIUM STUDY: Pre-tax NPV for Rose deposit is $488 million
QUEBEC – Critical Elements Corp. of Montreal is in receipt of the preliminary economic assessment for its Rose tantalum-lithium project in the James Bay area. The pre-tax net present value was estimated at $488 million at an 8% discount, and…
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MINERAL PROCESSING: Lithium, REE and more recovered using chlorination process
NOVA SCOTIA – Greenlight Resources of Vancouver says lithium, rare metals and industrial minerals have been successfully extracted lithium concentrate using the Silchlor chlorination process. The company owns the Brazil Lake lithium-bearing…
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RARE EARTH RESOURCES: Montviel 43-101 points toward monster deposit
QUEBEC – GeoMegA Resources of Montreal announced the first 43-101 report for the Core zone at its Montviel carbonatite rare earth elements (REE) property in Abitibi. The estimate puts indicated resources at 183.9 million tonnes grading 1.45%…
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REE METALLURGY: Matamec unearths low cost option for Kipawa ore
QUEBEC – Montreal’s Matamec Explorations has found a cheaper way to process ore from the Kipawa deposit at its Zeus rare earth element property 140 km south of Rouyn-Noranda. The Kipawa deposit is one of seven REE showings on the property.
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RARE EARTHS MARKETING: Avalon taps potential Asian investors
NORTHWEST TERRITORIES – Avalon Rare Metals of Toronto is looking to potential Asian investors for the output of its Nechalacho REE deposit at Thor Lake. The company has signed non-binding memorandums of understanding with three Asian companies,…
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REO-URANIUM STUDY: Pele Mountain’s Eco Ridge start-up to cost US$212 million
ONTARIO – Toronto-based Pele Mountain Resources has released the results of the preliminary economic assessment of its Eco Ridge uranium and rare earths project in Elliot Lake. The mine and a 9,400-t/d plant would generate two-thirds of its…
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PERSPECTIVE: Pacific seabed hosts large REE deposits
Rare earth elements have recently become the one of the hottest exploration targets. The number of juniors seeking REEs seems almost as great as those hunting for gold particularly in Quebec. The most advanced junior is Canada Lithium that is…
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IRON-TITANIUM RESOURCE: Argex offers estimate for La Blache property
QUEBEC – Montreal’s Argex Mining is pleased with the recent 43-101 report on its La Blache iron-titanium-vanadium project 145 km north of Baie Comeau. The property contains a measured and indicated resource of 30.9 million tonnes grading 63.29%…