Pancontinental Uranium Corporation (TSXV:PUC) announced updates on the scoping study at the Charley Creek Alluvial Rare Earth Project in Central Australia.
As quoted in the press release:
The study will produce capital and operating cost estimates for all of the major facets of the Charley Creek project including mining operations, wet and dry plant mineral concentration facilities, REO refinery, infrastructure, accommodation, water supply, and draft environmental scoping document (ESD).
Pancon’s President and CEO, Rick Mark, said:
The Scoping Study is an important early milestone in the Charley Creek Mine development process. The Project’s alluvial mining techniques give us significant Capex advantage and we believe the preponderance of heavy REEs evident at Charley Creek can also give us a clear advantage over most REE projects.