Sarissa Resources Inc (SRSR)

[webpence]

A couple of relevant passages from the Nemegosenda project page, from which I believe the 90% recovery rate was derived to arrive at the $90 billion.

"So far the first phase of metallurgical testing has been completed and no barriers to extraction have been identified. This correlates well with the previous $1,000,000 of metallurgical research conducted by Dominion Gulf Company in conjunction with the Colorado School of Mines Research Foundation in 1959-1960. The next stage metallurgical testing will focus on a more detailed mineralogical study."

"The author obtained a copy of the Ontario Department of Mines and Northern Development Mineral Resources Circular 14 entitled "Columbium (Niobium) Deposits in Ontario" by Stewart Ferguson, 1971. The circular reported that approximately 1,000 tons of mineralized material was mined from the D Zone, of which 40 tons were shipped for metallurgical pilot plant testing. The results of the test yielded 90% recovery of niobium."