NEWS RELEASE:
isdnwire.com
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Houston, all systems are GO ...!!!
Note the following:
- "Economically significant assays of the rare metals tantalum, cesium, rubidium, beryllium, lithium and germanium ..."
- "...the surface exposure of this rare metals pegmatite has been extended to a minimum strike length of 260 metres (which is open along strike to the northwest and southeast, and with a strong indications that the southeastern extension continues for an additional 300m. to the shores of Pakeagama Lake) and a width of 30 to 70 metres."
- "A number of elements exceeded the value limits of the ICP methodology and must be further tested. These include: lithium, antimony and germanium."
- "The twenty-four samples returned an average value of 280 g/t (0.028 percent) tantalum oxide, 4642 g/t rubidium oxide, 817 g/t cesium oxide, 366.4 g/t beryllium oxide, and 124 g/t tin."
- "The Wall Zone is at least 13 metres wide and has a strike length of 40 metres which is open in both directions. A 2 Kg bulk sample previously taken by OGS from this zone returned economically significant results of 380 g/t (0.038 percent) tantalum oxide, 1 percent rubidium oxide, and 1.93 percent lithium oxide."
Quick comments (I'll follow-up with more later today when I do some research):
- Ta, Cs, Be, Li, and Ge grades are beyond all expectations!
- Germanium may add another dimension to this at US $1800/kg:
cabot-corp.com
It will be interesting to see how the market reacts to the news!
DRT
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