new staking of rare earth targetlast post by this company has an intrusive that is about 20square kilometers of potential ground, heck a company to the east thereof at Mt Hart has proven a surface sampling for rare earths stretching approx a kilometer by a lkilometer over an elevation difference of 300+metres yielding a target for consistent rare earths approaching a billion tonnes in just one small fraction of the intrusive. Previous reconnaisance sampling has yielded rare earth returns over the whole area. The area the company has is about 24 square kilometres
Bench results on a bench sample taken has yielded a positive grind factor separation with better than 80% recoveries of rare earths and not stated in oxides which is about 15% greater than just the straight assaying.
the preliminary exploration program at Mt Hart is very encouraging and has given the company Rare Earth Ridge Resources the green light to do a more extensive sampling program early next year. the Second exploration program will entail a more detailed surface rock sampling with a second economic bench metallurgical test to determine the economics of the project. this project is mega project envisioned to have a daily production of 60000 tonnes per day yielding hopefully 40tonnes of rare earths but the kicker is the lithium and cesium values of which approaching nearly half to 3/4 oz per tonne but also there are other rare metals of interest. The second bench tests will give a better understanding of extractablility of these rare metals at Rare Earth Ridge Resources Inc
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ETR has bottomed out and the new exploration intrusive should prove interesting to shareholders
target 12 cents
on target everytime with a Bullseye