"The principal economic source of zirconium is the zirconium silicate mineral, zircon (ZrSiO4). Zircon is the primary source of all hafnium. Zirconium and hafnium are contained in zircon at a ratio of about 50 to 1. Zircon is a coproduct or byproduct of the mining and processing of heavy-mineral sands for the titanium minerals, ilmenite and rutile, or tin minerals. The major end uses of zircon are refractories, foundry sands (including investment casting), and ceramic opacification. Zircon is also marketed as a natural gemstone, and its oxide is processed to produce the diamond simulant, cubic zirconia. Zirconium is used in nuclear fuel cladding, chemical piping in corrosive environments, heat exchangers, and various specialty alloys. The major end uses of hafnium are in nuclear control rods, nickel-based super alloys, nozzles for plasma arc metal cutting, and high-temperature ceramics."
USA Rare Earths didn't have any problem netting 50$ million last month on it's way to SPAC finance. SCHMF is sitting in a sweet spot right now. a)Completing drilling resources on the way to a F.S. by combining all proven assets (at least 3-Fox's lol!) b) Proving out proprietary separation Process to Scale this year while having several partnerships of which the Canadian Govt. & USARE play a part. (Not too shabby) c) USRAE has taken up a small PP position in SHCMF not so unlike they did with TMRC. (Note: That 50$ million was to complete the 80% stake in the Round Top project with TMRC.) d) You just can't help but wonder if USARE is courting Search minerals in the same way??? Because they need more than one supplier of the REE's to complete their mine to magnet strategy in the next few years.
Search Minerals appears to be "on the menu!" from my DD. When USARE gets funded by a SPAC later this year...they might be looking for another "Proven Resource" to get a piece/partner of? The Synergy is there if you look...& what a great LOCATION!!!! Add a little at a time over the next 2 years..."I think it will 10x by then." All IMHO & do your own DD to form your own conclusions.
DEEP FOX 7000m Phase III exploration drill program has commenced; Upon completion of this drill program, a geotechnical drill program is contracted to start mid-August 2021 with approximately 2000m of HQ drilling; A further 5000m Phase IV drill program could be implemented to further update our Deep Fox resource estimate depending on additional funding. FOX MEADOW Surface channel program aims to expand the previously successful channel sampling programs to make this mineralized zone ready for a Phase I exploration drill program; SILVER FOX sample high-grade zirconium-hafnium mineralization on surface to make Silver Fox ready for a Phase I drill program.
These 3 Resources are only a part of the entire system!!!! You know USA Rare Earths is watching & collaborating with Search Minerals... Add on any dips....2 years this is 10x... All IMHO & do your own DD
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