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Is US Rare Earths Ahead of the Curve?

Vivien Diniz
Oct. 10, 2014 08:45AM PST
Rare Earth Investing

Investor Intel recently highlighted US Rare Earths’ Lemhi deposit, in particular, the untapped potential of the Last Chance Vein.

Investor Intel recently highlighted US Rare Earths’ Lemhi deposit, in particular, the untapped potential of the Last Chance Vein.

As Christopher Ecclestone noted in the article:

[T]he Last Chance vein having such extensive existing underground workings holds a number of advantages that reduce cash outlays (in the short and longer term and potentially hasten (or negate in part) permitting requirements. In the company’s estimation these underground workings are estimated to represent savings of approximately $6 million in current dollars and more than three years of effort in permitting and development costs.

Click here to view the full article. 

 

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