STAR URANIUM CORP V.SUV

Star Minerals says that rare earths, manganese, lithium and

[theprofessor866]

SUV SUVRF  DD

https://www.starminerals.ca/s/Hoidas.asp 

Star Minerals says that rare earths, manganese, lithium and batteries are the keys to its future - See more at:

https://investorintel.com/rare-earth-intel/star-minerals-says-rare-earths-manganese-lithium-batteries-keys-future/#comment-303565

InvestorIntel, speaks with Jim Engdahl, Director, President and CEO for Star Minerals (‘Star’, TSXV: SUV) about its critical metals exploration and acquisition activities in Saskatchewan and Alberta, Canada. From 2006 until 2012, Jim was the President and Chief Executive Officer of Great Western Minerals Group (GWMG), which has primarily engaged in developing rare earth minerals in South Africa while also producing earths based alloys and other related value added products. Tracy asks Jim if Star will be focusing ever more on the acquisition side of the business. Jim says that when he left GWMG he had agreed to take some non- core assets such as Hoidas Lake, a great property “that was sitting kind of dormant with not a lot of attention to it and …..We were very familiar with it and felt that it was a tremendous property.” -

See more at: https://investorintel.com/rare-earth-intel/star-minerals-says-rare-earths-manganese-lithium-batteries-keys-future/#comment-303565







The Hoidas Lake Rare Earth Project, 100% owned by Great Western Mineral Group Ltd. (GWMG), is one of North America's most significant primary Rare Earth Element (REE) properties currently being developed. Hoidas Lake has one of the highest proportions of neodymium (Nd) present in any known rare earth deposit. This makes it strategically important to the permanent magnet industry as demand for permanent magnets used in "green" applications, like electric motors in hybrid vehicles and permanent magnet generators in wind turbines, is the driving force behind the rare earth industry. Star Minerals Group Ltd. ("Star") has signed a joint venture agreement with GWMG whereby Star has the right to acquire a 25-per-cent participating interest in the Hoidas Lake project by financing and completing a preliminary economic assessment report ("PEA in respect of the Hoidas Lake project by January 2016. Upon successfully exercising the first tranche and acquiring a 25-per-cent participating interest, Star will have the right to acquire an additional 26-per-cent participating interest in the Hoidas Lake project by financing and completing a bankable feasibility study in respect of the Hoidas Lake project within four years of the acquisition by Star of the initial 25-per-cent participating interest in the Hoidas Lake project, thereby giving Star a 51-per-cent ownership interest in the property.


https://www.starminerals.ca/s/Hoidas.asp

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