Pele Mountain Resources Inc. (TSXV:GEM) reported that it has delivered a sample from its Eco Ridge project to CanmetMINING, a branch of Natural Resources Canada (NRCan) for evaluation. The testing will take place as part of a rare earth minerals and metals processing research and development program.
As quoted in the press release:
The NRCan website states that, “…a multidisciplinary research on characterization, physical separation, hydrometallurgy and environmental aspects of processing various rare earth ores has been initiated at NRCan … The project will provide technical and scientific support to Canadian companies in the business of developing deposits for the production of these strategic metals.” The full statement from the NRCan website regarding rare earth processing research can be found at: http://www.nrcan.gc.ca/mining-materials/green-mining/8214.
Pele president and CEO, Al Shefsky, said:
CanmetMINING has a long and distinguished record of supporting process development and optimization programs for the rare earth and uranium deposits in Elliot Lake and we appreciate CanmetMINING performing this research at Eco Ridge. Although there was a proven processing circuit used in historic production that established Elliot Lake as a major source for North American heavy rare earths, innovative research performed by Pele to-date has demonstrated the potential to materially improve both heavy and light rare earth recoveries beyond what was possible with historic methods while significantly mitigating environmental impact.