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Monday, May 01, 2023 9:38:43 PM
https://www.mining.com/second-largest-indicated-or-better-rare-earth-resource-in-the-us-now-identified/
“According to the 2022 feasibility study, the Elk Creek project contains an estimated 632.9 kilotonnes of contained total rare earth oxides in the indicated mineral resource category. According to US Geological Survey data, this places the Elk Creek mineral resource behind MP Materials’ Mountain Pass deposit in the US but ahead of all other current rare earth projects in terms of contained TREO from a NI 43-101 rare earth resource of indicated or higher classification,” NioCorp said in a media statment.
The company pointed out that the 2022 feasibility study also showed that, in addition to relatively high grades of niobium, scandium, and titanium, the Elk Creek mineral resource contains various amounts of all REEs.
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