LREE

Globex Exploration Update on Virgin Mountain Rare Earth & Beryllium Project, Arizona, USA

Retrieved on: 
Tuesday, February 13, 2024

The Virgin Mountain rare earth & beryllium property is located in the Arizona portion of the Virgin Mountain range, about 120 km northeast of Las Vegas, Nevada.

Key Points: 
  • The Virgin Mountain rare earth & beryllium property is located in the Arizona portion of the Virgin Mountain range, about 120 km northeast of Las Vegas, Nevada.
  • Past exploration activities for uranium and later for rare earth elements (REE) initiated in the 1940’s and ended in 1991.
  • In the 1950’s and 1960’s the Virgin Mountains Be-bearing pegmatites had been explored intensely for beryllium, but never came into production.
  • Rare Earth (REE) ± U & Th mineralization is hosted in migmate-gneiss and interlayered thin schist layers, locally also in pegmatite dikes.

VR intersects 2.7% TREO with 28.5% PMREO at South Rim, the second area of high grade REE critical metals discovered at Hecla-Kilmer to-date

Retrieved on: 
Monday, January 23, 2023

This is the second large area of > 1% TREO mineralization discovered at Hecla-Kilmer.

Key Points: 
  • This is the second large area of > 1% TREO mineralization discovered at Hecla-Kilmer.
  • The consistent 16 – 28% proportion of PMREO in the TREO mineralization at South Rim is consistent with mineralization at Pike Zone located 2.5 km to the north.
  • For comparison, published resources for most Canadian LREE deposits in carbonatite generally contain between 12-15% of the high value PMREO (e.g.
  • (1) TREO is the summation of Ce2O3 + La2O3 + Pr2O3 + Nd2O3 + Sm2O3 + Eu2O3 + Gd2O3 + Tb2O3 + Dy2O3 + Ho2O3 + Er2O3 + Tm2O3 + Yb2O3 + Lu2O3 + Y2O3.

Tactical Resources Introduces Canadian Exploration Assets

Retrieved on: 
Thursday, March 24, 2022

VANCOUVER, British Columbia, March 24, 2022 (GLOBE NEWSWIRE) -- Tactical Resources Corp. (CSE: RARE) (Tactical Resources or the Company), a mineral resource exploration & development company focused on the rare earth elements (REE) that drive the green technologies of the future, is pleased to provide an overview of its claim holdings in the Provinces of Quebec and Saskatchewan.

Key Points: 
  • VANCOUVER, British Columbia, March 24, 2022 (GLOBE NEWSWIRE) -- Tactical Resources Corp. (CSE: RARE) (Tactical Resources or the Company), a mineral resource exploration & development company focused on the rare earth elements (REE) that drive the green technologies of the future, is pleased to provide an overview of its claim holdings in the Provinces of Quebec and Saskatchewan.
  • Well aligned for potential new discoveries and supported by favourable entry and exploration costs.
  • A fundamental component of Tacticals business is to conduct exploration in high potential, low risk jurisdictions in Canada Company CEO Ranjeet Sundher noted.
  • Tactical Resources executed an option agreement dated March 1, 2021, with the Doctors Investment Group Ltd., whereby Tactical Resources may earn up to a 100 percent interest in the Lac Ducharme property by completing $500,000 in exploration expenditures, by making cash payments totaling $60,000 and issuing 510,000 common shares to Doctors Investment Group over 28 months.

MP Materials Awarded Department of Defense Heavy Rare Earth Processing Contract

Retrieved on: 
Tuesday, February 22, 2022

MP Materials Corp. (NYSE: MP) today announced it has been awarded a $35 million contract through the U.S. Department of Defense (DoD) Industrial Base Analysis and Sustainment Program to support the construction of a commercial scale processing facility for heavy rare earth elements (HREE) at Mountain Pass.

Key Points: 
  • MP Materials Corp. (NYSE: MP) today announced it has been awarded a $35 million contract through the U.S. Department of Defense (DoD) Industrial Base Analysis and Sustainment Program to support the construction of a commercial scale processing facility for heavy rare earth elements (HREE) at Mountain Pass.
  • In a separate contract awarded in December 2020, the DoD committed $9.6 million to MP Materials Stage II optimization, a project underway to restore LREE processing capabilities to Mountain Pass.
  • MP Materials Corp. (NYSE: MP) is the largest producer of rare earth materials in the Western Hemisphere.
  • The Company owns and operates the Mountain Pass Rare Earth Mine and Processing Facility in California, North Americas only active and scaled rare earth production site.