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Re: budfoxfun post# 603008

Tuesday, 08/26/2014 9:43:58 AM

Tuesday, August 26, 2014 9:43:58 AM

Post# of 640705
$SNET The Ashram Rare Earth Element REE Deposit is a carbonatite within the Eldor Property, located in north-eastern Quebec.

The Deposit has a measured and indicated resource of 29.3 million tonnes at 1.90% TREO and an inferred resource of 219.8 million tonnes at 1.88% TREO. The deposit boasts a well-balanced distribution with enrichment in the light, middle and heavy rare earth elements including all five of the most critical elements neodymium, europium, dysprosium, terbium, and yttrium.

The REEs at Ashram occur in simple and well-understood mineralogy, being primarily in the mineral monazite and to a lesser extent in bastnaesite and xenotime. These minerals dominate the currently known commercial extraction processes for rare earths.
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