B402,
From my looking at various REE-related stocks it is customary to report them as total rare earth oxides (TREO) and then break out the heavy reare earth oxides (HREO).
KATX sampeld a 10 m interval for which we have current results and wihtin that interval they had 7.5 m that had elevated REEs as well as other incompatible elements. For example, Ru, Zr, and Nb, while not REEs are incompatible and commonly associated with other incompatible elements, such as REEs - which is why they probably reported them.
La and Ce are light rare earth elements (LREEs), which explains why the TREOs are more LREO enriched.
I really do not know what concentrations of the other incompatible elements would be considered good, but at this point I just want to see high TREO (at least 2%) with half of that being HREOs.
IMO this would be good to advance the program at RR for REEs. If they had 0.5% to 2% TREOs over thick intersections, that would also push the project forward IMO. They described a thick intersection, so there are potential zones that are preferrentially enriched. That is what I am waiting on.
I hope this answers some of your questions wrt RR and its potential REEs. I would think that results will be released in the coming weeks, if not sooner.
DISCLAIMER: I am an anonymous poster and all opinions and/or interpretations are mine and mine alone and meant to facilitate open and honest discussions. I have no affiliations with this or any other mining company. If this were to change I would make it known and restrict or stop posting on this board. Please don’t ask for my credentials. As such, it is your right to ignore or question anything I post. Nothing I post is meant as a recommendation to buy or sell this or any other stock. Thus, I will not post whether I buy or sell any stock.
