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Re: None

Monday, 11/02/2015 10:25:41 AM

Monday, November 02, 2015 10:25:41 AM

Post# of 10144
Based off of the $SNET test results, the Eldor property holds high natural resource value with the high presence of rare earth elements or REE.

The new occurrence is bordering on the claims of Commerce Resources who have completed a positive Preliminary Economic Assessment on the Ashram Rare Earth Project.



So if we consider that the new occurrences border the Commerce Resources claims, establishing a partnership and creating a joint mining operation would make a lot of sense.

Test results below:

Ce Dy Er Eu Gd Ho La Lu Nd
Sample ppm ppm ppm ppm ppm ppm ppm ppm ppm
E504860 1450 41.9 15.3 28.5 91.8 6.47 744 1.04 728
E504861 1420 35.2 14.1 20.8 61.9 6 791 1.16 546

Pr Sm Tb Th Tm U Y Yb Nb
Sample ppm ppm ppm ppm ppm ppm ppm ppm ppm
E504860 201 106 10.5 119 1.66 20.2 176 8.99 385
E504861 152 79.3 8.17 20.3 1.72 12 122 9.77 515