Rare earthFYI
Lac Pivert/Rose
According to the resource estimate by InnovExplo, the Rose showing contains an indicated resource of 11,436,000 tonnes at 1.34% Li2O (337,133,280 pounds of Li2O), 165 ppm Ta2O5 (4,156,255 pounds of Ta2O5) and 377 ppm BeO (9,496,414 pounds of BeO) and an inferred resource of 2,170,000 tonnes grading 1.27% Li2O (60,629,800 pounds of Li2O), 138 ppm Ta2O5 (659,604 pounds of Ta2O5) and 311 ppm BeO (1 486 498 pounds of BeO). The resource estimate was calculated using a cutoff grade of 0.75% Li2O to reflect current market conditions. This initial resource estimate only takes into account zones mineralized in lithium. The now-complete interpretation of the deposit appears to suggest that the deposit should be reassessed to take into account other elements (particularly tantalum). Areas of the deposit with high tantalum grades (but low lithium grades) have been identified but were not included in the current resource estimate.\
Most interestingly enough, if you go look at the map, Gold Corp is opening a gold operation a stones throw away north east of this location, just across the street really!! ..mmmm...... Could be more that meets the eye boys! Very Rich country side,
The Éléonore Property is host to the Roberto Deposit, a major new gold discovery situated within a relatively unexplored greenstone/meta-sedimentary belt in the James Bay district of Northern Québec, Canada. This unique and significant deposit is located in the core of what Goldcorp believes to be a promising new gold district in North America. Goldcorp acquired the Éléonore gold property from Virginia Gold Mines at the end of March 2006, and then incorporated “Les Mines Opinaca Ltée” (“Opinaca”), a 100% subsidiary and the operating company in Québec.
As of December 31, 2009, the deposit contained 3.15 million ounces of measured and indicated gold resources at an average grade of 11.92 grams per tonne and 6.25million ounces of inferred gold resources at an average grade of 12.93 grams per tonne............. very nice properties to be in the middle of.