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Ram Resources Limited is an Australian company, listed on the Australian Securities Exchange (ASX) under the code RMR and RMRO. The companies key project is the Motzfeldt multi element (Ta-Nb-REE) project located in Southern Greenland.
Ram holds a majority interest (51%) in the Motzfeldt project and has the right to move to 100% ownership over a number of years. The most advanced target at Motzfeldt is the Aries Prospect which has an established Exploration Target of 200-500 million tonnes of Ta-Nb-REE bearing mineralisation, though more work is required in order to define a JORC resource.
The Motzfeldt project offered immediate exploration targets and we believe it has the potential to become a future world-class multi element project. Greenland is an exciting place from a geological perspective and has the potential to host some very large mineral discoveries. The concept of "giant" deposits has been confirmed by the impressive results of companies such as Greenland Minerals & Energy Ltd and Ironbark Zinc Ltd, who have been working in Greenland for a number of years.