RE: Draft pick
The rare earth hole that Quantum just announced highlighted by 68.18 m of 3.32 per cent TREO contained in 236.19 metres of 2.10 per cent total rare earth oxides is an outstanding result in my opinion.
Looking at the news release it appears that in the 68.18 m they have around .2673 % Neodymium-2673 ppm
and over 236.19 m they have .21% Neodmium- 2062 ppm.
Neodymium is the most valuable of the light rare earths and China is expected to use more than the world currently supllies now for the production of their wind farms.
Quantum now has a 23+ billion In Situ resource in the Niobium deposit, that should grow when the new holes are updated into the resource calculation and now a very significant rare earth deposit just 2.5 Km away.