GMA vs. QRM vs. AVL (snapshot)Note: GMA is awaiting receipt of assay results for 12 Phase 1 holes.
GMA - MONTVIEL DEPOSIT
Shares outstanding (April 28, 2011): 17,985,976
Closing price (April 28, 2011): $3.74
Market capitalization (April 28, 2011): $67,267,550
Deposit: Strange Lake (Quebec - Upper Laurentian region)
9,567 meters of drilling completed; assays for 7 of 19 holes received
GMA has reported a distribution of rare earth elements at Montviel that includes significant values of the heavy REE's Gadolinium, Europium and Dysprosium (exact percentages not disclosed yet).
Order of abundance at Montviel deposit (Source of pricing from Metal-Pages.com April 12, 2011)
1) Cerium oxide - 120.00-122.00 US$/kg
2) Lanthanum oxide - 119.00-122.00 US$/kg
3) Neodymium oxide - 217.00-220.00 US$/kg
4) Praseodymium oxide - 198.00-201.00 US$/kg
5) Samarium oxide - 115.00-118.00 US$/kg
6) Gadolinium oxide - 155.00-160.00 US$/kg
7) Europium oxide - 1180.00-1200.00 US$/kg
8) Dysprosium oxide - 685.00-695.00 US$/kg
RUDIMENTARY VOLUME CALCULATIONS (HYPOTHETICAL ESTIMATES)
RE: GMA'S MONTVIEL PROPERTY (CARBONATE CORE)
FORMULA USED (SEE THIS POST): https://www.stockhouse.com/Bullboards/MessageDetail.aspx?p=0&m=29549660&l=0&r=0&s=GMA&t=LIST
| The Montviel alkaline intrusion measures approximately 10 x 3 km for a total of 32 km2. The carbonate core covers an approximate area of 3km2. The rare-earth mineral-bearing carbonatite has presently been identified over a strike length of 700 m, a 400-m width and to a vertical depth of 450 m below surface. |
Length (m)
| Width (m)
| Depth (m)
| Density
| Ore (Million Tonnes)
|
| 700 | 400 | 450 | 3*(tonnes/m^3) | 378 |
%TREO over entire length of core - from assays received from 5 holes
Low: 1.17
Average: 1.307404
High: 1.44 |
HYPOTHETICAL VALUE OF NEODYMIUM OXIDE CONTENT AT MONTVIEL[Note 1: Recovery rate - TBD || Note 2: Cut-off - TBD]
Ore (Million Tonnes)
| Neodymium Oxide avg. grade (kg/tonne) [1]
| Neodymium Oxide (Millions of kg)
| Neodymium Oxide Price forecast 2015 ($US per kg) [2] | $US Market Value (Millions) |
| 378 | 2.2 | 831.6 | 76.78 | 63850.248 |
[1] GMA news release - March 31, 2011
[2] CIBC World Markets March 17, 2011
** 1,000 kg per metric tonne |
Nb2O5 (Niobium Oxide) average price: US $50/kg (2011)
The rare-earth mineral-bearing carbonatite has presently been identified over a strike length of 700 m, a 400-m width and to a vertical depth of 450 m below surface.
DRILL HOLES WITH SIGNIFICANT NIOBIUM OXIDE MINERALIZATION - MONTVIEL
MVL-11-06: 0.111% Nb2O5 over 485.45 m
MVL-11-07: 0.129% Nb2O5 over 489.6 m (incl 0.208% over 108.8 m)
MVL-11-08: 0.072% Nb2O5 over 480.9 m (incl 0.285% over 26.8 m)
P205 (Phosphate) enrichment zone: ~200 m x 175 m [Source: Slide 18 from GMA's April 7 Corp presentation: https://www.ressourcesgeomega.com/mediatask/dump/GMA_April_2011.pdf]
The rare-earth mineral-bearing carbonatite has presently been identified over a strike length of 700 m, a 400-m width and to a vertical depth of 450 m below surface.
DRILL HOLES WITH SIGNIFICANT PHOSPHATE MINERALIZATION - MONTVIEL
MVL-11-03: 5.41% P205 over 58.4 m
MVL-11-06: 6.58% P205 over 171.1 m
MVL-11-07: 5.31% P205 over 43.85 m
MVL-11-08: 1.96% P205 over 33.9 m
From Potash Corp's April 28 press release: https://www.potashcorp.com/news/1173/
Phosphate
Our average realized phosphate price climbed to $559 per tonne, up 33 percent over the first quarter of 2010.
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AVL
Shares outstanding (April 27, 2011): 93,752,915
Closing price (April 28, 2011): $8.70
Market capitalization (April 28, 2011): $815,650,360
Deposit: Nechalacho (Northwest Territories)
Start-up in 2015, sales in 2016
Source: April 27, 2011 Corporate Presentation - Slide 44 (https://avalonraremetals.com/investors/presentations/)
Nechalacho Deposit: NI 43-101 Resources Updated Jan. 27, 2011
| Tonnes (millions) | TREO % | HREO % | HREO/TREO % | Nb2O3 % |
| Bazal Zone | | | | | |
| Indicated | 57.49 | 1.56 | 0.33 | 20.72 | 0.40 |
| Inferred | 107.59 | 1.35 | 0.26 | 18.97 | 0.37 |
| Upper Zone | | | | | |
| Indicated | 30.64 | 1.48 | 0.15 | 10.26 | 0.31 |
| Inferred | 119.29 | 1.26 | 0.13 | 10.15 | 0.35 |
| Total Inferred | 226.88 | 1.30 | 0.19 | 14.33 | 0.36 |
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QRM
Shares outstanding (April 14, 2011): 58.7 million
Closing price (April 28, 2011): $8.41
Market capitalization (April 28, 2011): $493,667,000
Deposit: Strange Lake (Quebec/Labrador border)
52 Mt @3.25% ZrO2, 0.665 Y2O3, 0.56% Niobium Oxide, 1.3% TREO (historical, pre-NI 43-101)
B-Zone Discovery 43-101 Resource (April 2010) at 0.85% TREO cut-off; 115 Mt @1% TREO with Zr, Hf and Nb credits (Open along strike and width)
Source: April 15, 2011 Corporate Presentation - Slides 13-15 (https://www.questrareminerals.com/pdfs/Quest%20RM%20Presentation%20-%20April%2014,%202011.pdf)
Strange Lake Deposit
Indicated Resource
| TREO % | Density | Tonnage | Nb2O3 % | TREO % | HREO % | LREO % | HREO/TREO |
| Cut-off | t per m3 | t x 1000 | | | | | Ratio |
| 1.20% | 2.72 | 8,095 | 0.37 | 1.655 | 0.849 | 0.806 | 51 |
| 0.95% | 2.72 | 36,359 | 0.24 | 1.164 | 0.511 | 0.653 | 44 |
| 0.579% | 2.72 | 140,259 | 0.18 | 0.933 | 0.371 | 0.562 | 40 |
Inferred Resource
| TREO % | Density | Tonnage | Nb2O3 % | TREO % | HREO % | LREO % | HREO/TREO |
| Cut-off | t per m3 | t x 1000 | | | | | Ratio |
| 1.20% | 2.72 | 2,572 | 0.30 | 1.532 | 0.764 | 0.768 | 50 |
| 0.95% | 2.72 | 14,421 | 0.21 | 1.109 | 0.465 | 0.644 | 42 |
| 0.579% | 2.72 | 89,629 | 0.16 | 0.882 | 0.334 | 0.548 | 38 |