Critical Metals

Elissa Resources Ltd. (TSXV:ELI,OTCQX:ELSRF) announced results from the Nevada-based Thor REE project.

Elissa Resources Ltd. (TSXV:ELI,OTCQX:ELSRF) announced results from the Nevada-based Thor REE project.

As quoted in the press release:

Highlights of the drilling program include:

  • Discovery of a possibly extensive REE-bearing alkali granite/syenite unit in the northern part of the Lopez Trend
  • Intersected lengthy intervals of REE mineralization, including 32 feet (9.8 m, not true width) of 1.05% total REO (rare earth oxides) with a 6 foot (1.8 m, not true width) zone containing 3.28% total REO

Elissa’s President and CEO, Paul McKenzie said:

At least 90 percent of the Lopez Trend and a large number of outlying REE targets remain untested by drilling. We believe we are at the early stage of defining what could be a very large REE-bearing system.

Click here for the Elissa Resources Ltd. (TSXV:ELI) press release.

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