TSXV:YORK - Post Discussion
Post by
stockwatcher7 on Apr 28, 2023 4:44pm
A bit more from 2008, pretty sure this is the same property
Bottom Brook REE Grid: The Bottom Brook discovery is located 2 km east of U2 and Ucore's work included ground geophysical surveys, trenching and three drill holes. The drilling was targeted on two bull's eye magnetic high anomalies and results included very high REO assays over 4 to 6 m in width. The magnetic signature and drill holes demonstrated the compact nature of the deposits. Intersections from the three holes are shown below. The $/tonne values are calculated by consultant Wayne Reid from published commodity prices and based on 100% recovery of the REO metals and Y2O3. The results of the three drill holes follow: | Hole # | From (m) | To (m) | Interval (m) | Grade
Total REO | US $*
Value/Tonne |
LP-07-09
incl. | 61.68
64.22 | 66.71
65.27 | 5.03
1.05 | 4.37%
11.02% | $637
$1,570 |
LP-07-10
incl.
and | 63.55
65.97
75.96 | 69.19
67.97
77.46 | 5.64
2.00
1.59 | 4.47%
8.19%
4.95% | $648
$1,173
$724 |
LP-07-11
incl. | 21.1
42.67 | 22.1
44.17 | 1.00
1.50 | 2.49%
2.01% | |
* Note- Value calculated from Total REO plus Y2O3 using prices in effect February 2008 Subsequent mineralogical studies completed by SGS Lakefield Research Limited identified monazite and allanite as the minerals containing the Rare Earth Elements. The samples tested by SGS Lakefield averaged 5.6% light rare earth oxides, 0.31% heavy rare earth oxides, and 0.27% yttrium oxide. Monazite contained 74% to 90% of the Rare Earth Oxides and its liberation varied between 80% and 95% at a grind between 25 to 80 μm. Allanite contains the bulk of the remaining Rare Earth Oxides (10% to 20%) and its liberation was approximately 60% at <30 μm.
Be the first to comment on this post