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OtcChick

09/12/14 12:28 PM

#43504 RE: Mr Clutch #43503

$SNET Projects: http://www.sourcinglink.org/projects.html

Eldor Rare Earth Project is located in Northern Quebec, Canada directly adjoins the west boundary of Commerce Resources Ashram Project which currently has a Preliminary Economic Assessment (PEA)with a Net Present Value (NPV) at a 10% discount rate of $2.32 billion, a pre-tax/pre-finance Internal Rate of Return (IRR) of 44%. The rare earth elements 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. The deposit has combination of Light , Middle and Heavy Rare Earth Oxide (MHREO).

Sourcinglinknet.com intends to commence an initial work program in order to identity initial exploration drill targets. To date there have been significant indicators