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Pacific Wildcat Resources Corp. (TSXV:PAW) announced a Total Rare Earth Mineral Resource estimate for the Mrima Hill Niobium and Rare Earth Project in Kenya.
Pacific Wildcat Resources Corp. (TSXV:PAW) announced a Total Rare Earth Mineral Resource estimate for the Mrima Hill Niobium and Rare Earth Project in Kenya.
As quoted in the press release:
High Grade component of Indicated Mineral Resource estimate of 11.2 million tonnes at 6.93% Total Rare Earth Oxides (TREO) (>5.8% TREO cut-off) plus Inferred Mineral Resource estimate of 15.6 million tonnes at 7.12% TREO (>5.8% TREO cut-off) confirming Mrima Hill as the world’s highest grade* undeveloped Rare Earth deposit.
Indicated Mineral Resource estimate of 48.7 million tonnes at 4.40% TREO (>1.0% TREO cut off) plus Inferred Mineral Resource estimate of 110.7 million tonnes at 3.61% TREO (>1.0% TREO cut off) for a total of 6.14 million tonnes of contained TREO.
High percentage (21%) of Indicated TREO Resource (>1.0% TREO cut off) consists of Critical Rare Earth Oxides (CREO) including Neodymium, Dysprosium, Europium, Terbium, and Yttrium.
PAW’s President and CEO, Darren Townsend, said:
We are very pleased with this high grade resource estimate which confirms the Mrima Hill Niobium and Rare Earth Project to be a world class deposit in two metal suites. This combined with our recent success in achieving a 90% metal dissolution for Niobium and 99% for Rare Earths in Metallurgical test work bodes well for the future.
To view the whole press release, click here.
