SDSR.PK
"Texas Rare Earth Resources Corp. has a 20 year lease on and is developing a significant rare earth-beryllium-uranium property located in Hudspeth County, Texas, some eighty five miles east of El Paso, Texas. Independently published data indicates the property may contain over one billion metric tons of rhyolite containing low grade rare earths with a 67% ratio of heavy to light rare earths. Prior data from earlier exploratory work also indicates what management believes to be a potentially large high grade beryllium resource. Uranium is present in the deposit and preliminary sampling shows grades of over 1% U exposed in the mine."
- Property was brought to pre-feasability by Cabot Corp/Cyprus Minerals for beryllium
- 80K feet of drilling was done by previous developers of the property, material is currently being logged and assayed
- Ratio of HREE to LREE in the deposit is 67-70%, among the highest of any known deposit
- Deposit is relatively low-grade but massive in scale
- Located in the US
Resources
Company web site
Corporate presentation
Bureau of Economic Geology-Round Top Report-1987
Financial Sense Newshour segments on rare earths: Opportunities and Pitfalls - The importance of breaking China's monopoly (Nov 2010) |
