SourcingLink.net is a U.S. Based publicly traded exploration and development company with a portfolio of claims containing rare metals and rare earth elements, which are among the primary input materials of technology in the 21st century. The Company is currently focused on exploration and development of its Eldor Project in Quebec, Canada, which is recognized as one of the most favorable mining jurisdictions. in the world.
The mission is straightforward: Garner superior investment returns by the developing the value, liquidity and profitability. We will follow our core principles and maintain proper transparency and accountability to our partners and shareholders. The key objective of this guidance is to source, evaluate and assimilate acquisition and consolidation activity in order to rapidly enhance the value of our portfolio and arrive at a valuation that we can all be proud of.
What Are Rare Earths?
The Japanese call them “the seeds of technology.” The US Department of Energy calls them “technology metals.” They make possible the high tech world we live in today – everything from the miniaturization of electronics, to the enabling of green energy and medical technologies, to supporting a myriad of essential telecommunications and defense systems. They are the elements that have become irreplaceable to our world of technology owing to their unique magnetic, phosphorescent, and catalytic properties.
Which Elements Are They?
Rare earth elements are a set of seventeen chemical elements in the periodic table, specifically the fifteen lanthanides plus scandium and yttrium. Scandium and yttrium are considered rare earth elements since they tend to occur in the same ore deposits as the lanthanides and exhibit similar chemical properties. While named rare earths, they are in fact not that rare and are relatively abundant in the Earth’s crust. What is unusual is to find them in quantities significant enough to support economic mineral development.
Company and Claim Development
The company owns 34 mineral claims on the Eldor Property in Northern Quebec, Canada. In the fall of 2014 SourcingLink.net conducted an exploratory expedition at the Eldor Property. The data from the expedition confirmed the existence of rare earth elements at SourcingLink.net’s Eldor Project. In addition, it has revealed significant values in the following Rare Earth Elements; Cerium, Lanthanum, Neodymium, Praseodymium, Samarium and Yttrium.
On some of our more recent claims it has recently been discovered that anomalous/precious earth mineralization’s exist (see May 12, 2015 press release). Nearer term future plans include a return to the radioactivity, therefore a ground radiometric survey and prospecting will be done in the previously reported vicinity for anomalous lake sediment survey samples and radiometric anomalies. Areas of anomalous radioactivity and sample locations above will be trenched and sampled.
After these expeditions are completed, the company plans on performing deep core drilling, typically performed during the winter when the ground is frozen, in an effort to fully determine the density levels of the various rare earth elements and metals. Ultimately the company plans to leverage the value of the claims via the sale of the claims, and perhaps retain ongoing royalties, or enter into a joint mining venture with a large and established mining company (see company President Chuck Wagner interview found in press release February 15, 2015).
The industry is already substantial but poised for significant growth in the near future. Read below for some of the applications that utilizes rare earth elements and metals (REE’s) and the company management team.
Also, to view a great illustration of the importance of REE’s click on the link below to see a March 2015 CBS News 60 minutes report about rare earth elements. Be sure and watch all 3 segments of the video report, certainly the second segment entitled Modern Devices under China’s grip, and the third video segment entitled U.S. Weaponry dependent on China, and you will likely be very impressed with how important REE’s are now, and will be going forward. (Be patient as it takes a minute or so to load).
Rare Earth Metals
Rare Earth Elements (“REEs”) or Rare Earth Metals (“REMs) are a group of seventeen chemically similar metals that includes the elements scandium and yttrium and the lanthanide elements. The five critical rare earth elements, neodymium (most important because neodymium is used in permanent magnets), europium, terbium, dysprosium and yttrium.
Rare earths are an indispensable input to high-technology applications, including electric and hybrid vehicles, battery technology, wind turbines, cell phones, tablets, high definition televisions as well as other consumer electronics.
Refer to the Department of Defense and the Frank-Dodd Act of 2010
Hybrid Technology and Rare Earth Metals Dysprosium for the Clean Technology Sector Europium & Terbium For CFL’s & LED Screens
Yttrium for Satellite and Defense Missiles
Management & Leadership Team
Anne M Carioti GG,
is the Chief Executive Officer of SourcingLink.net and a member of its Board of Directors. Extensive experience in upper management and company development has spanned over two decades. Highly involved with daily operations.
Prior to becoming CEO, Carioti held a senior management position within a successful precious metal and mineral business. Carioti began her career at Birks-Mayor, Canada as a metal and mineral analyst after earning her graduate degree from Gemological Institute of America.
is the President of SourcingLink.net, with over 15 years of formidable experience in the financial services industry. Outside of Wagner’s role in the financial services industry, Mr. Wagner has spent the last few years establishing relationships in the basic materials industry, along with the mining and oil and gas industries. Mr. Wagner is an instrumental member and we are excited to have him as a part of the team at SourcingLink.net.
He graduated from the University of Colorado and currently resides in San Francisco, CA.
Mani Pirouzbakht GG,
was appointed as the Chief Operating Officer of SourcingLink.net and a member of the Board of Directors. Mr. Pirouzbakht’s previous experience includes performing feasibility studies for mineral deposits, conducted research on exploring specific avenues leading to introduction of new fields in active mines. Mr. Pirouzbakht assisted in interpreting geochemical data and provided estimation map of ore deposits by geochemical and geostatistical approaches, proved geological maps by GIS, prepared technical reports for Aalikav Zagros Consulting Engineers Co. Pirouzbakht has a Master of Science degree, Mining Engineering (Exploration), Bachelor of Science , Mining Engineering (Exploration)
was appointed as a member of the Board of Directors. Her experience includes project coordinator handling 10-20 projects simultaneously with consistent positive feedback for GM Casting House, Inc, Chicago, IL. Ms. Chan holds a Bachelors Degree from AI of Chicago.
- 12526 High Bluff Drive
San Diego, CA 92130
SourcingLink.net (SNET) is a U.S. Based publicly traded exploration and development company with a focus or rare earth metals and rare earth elements, which are among the primary input materials of technology in the 21st century. The Company is currently focused on exploration and development of it's Eldor project in Quebec, Canada, which is recognized as one of the most favorable mining jurisdictions in the world.
Rare earth elements are vital materials utilized in many 21st century technologies, including in most sustainable energy technologies and a wide spectrum of defense applications.
SNET Security Details
| ||Market Value1 ||$2,766,594 ||a/o May 18, 2015 |
| ||Authorized Shares ||900,000,000 ||a/o Sep 30, 2014 |
| ||Outstanding Shares ||461,099,032 ||a/o May 01, 2015 |
| ||-Restricted ||Not Available |
| ||-Unrestricted ||Not Available |
| ||Held at DTC ||Not Available |
| ||Float ||198,188,802 ||a/o May 01, 2015 |
| ||Par Value ||0.001 |
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