Would like to point out something that’s totally out of left field here. A lot of people claim that DTREF has no REE deposit.
That is partly true but not factually true.
You see the US Department of the Interior “Geological” Does.
The United States Geological Survey, founded as the Geological Survey, is an agency of the U.S. Department of the Interior whose work spans the disciplines of biology, geography, geology, and hydrology.
I have spent 3 days reading reports and Geological comments that they believe Coliseum does have the goods.
The company has applied for all literature about Coliseum and that’s how they will choose the drilling sights in conjunction with the experience of our Geological team that helped MP increase its ore by 40% when they worked for MP.
The US Geological Survey (USGS) has confirmed that the Colosseum mine shares similar geological characteristics with the nearby Mountain Pass rare earth mine, suggesting a potential for rare earth element (REE) deposits. Specifically, the USGS found that zircons from both locations share indistinguishable geochemistry and mineralisation. This discovery, coupled with the USGS's identification of radiometric anomalies at Colosseum, supports the potential for rare earth mining at the site.
Here's a more detailed breakdown:
* Geological Similarity:?The USGS confirmed that Colosseum and Mountain Pass share the same geological formation and mineralizing event, indicating a shared geological history.
* Zircon Geochemistry:
* Studies using a SHRIMP-RG ion microprobe showed that zircons from Colosseum have REE concentrations and chondrite-normalized spectra that are indistinguishable from those at Mountain Pass.
* Radiometric Anomalies:
* The USGS identified coincident potassium and thorium radiometric anomalies at the southern end of the Colosseum mining claims, further supporting the potential for REE deposits.
* Mountain Pass Connection:
* Mountain Pass is America's only operating rare earths mine. The discovery of similar geological characteristics at Colosseum suggests a potential for a second rare earth mine in the area.
* Potential for Rare Earth Mining:
* The USGS findings, combined with other technical assessments, indicate the potential for economically viable rare earth-bearing ore deposits within the Colosseum claim boundary.
* Current Status:?While the Colosseum project currently has a JORC-2012-compliant gold resource, the focus is shifting towards exploring the rare earth potential, especially given the renewed interest in domestic critical mineral production.
I have also found proof that a $250 million MOU (Memorandum Of Understanding) will be signed by the United States and DTREF for a 100% offtake agreement that DTREF will only be allowed to exclusively supply US end users.
The U.S. government will have a Golden Ticket into the Board of Directors.
I will share this last comment about this subject with you all “Recent geological mapping and data analysis indicate the potential for the project's known resources to be significantly larger, based on evidence of a potentially broader mineralized system.”
This comment did not come from DTREF by the way, will leave you to figure out who and it’s someone that works for the US government with a University Degree in Geology.
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