RE:RE:RE:How good are the drill results??! Search Minerals via an independent lab will turn these results into
an NI 43-101 Rare Earth Mineral estimate for Deep Fox which will state TREO% & pounds in the ground for each viable mineral. Just compare the (PPM's ) to the Round Top project. (Look darn good to me!)
The PEA will address the economics/Capex/NPV of the Deep Fox Resource. Leading up to a Feasibilty Study later in 2022 is exciting! As both the Deep Fox & Fox Trot resources could be combined for developement & - (A partner like USAREarths, enforceable supply contracts & Finance could very well be in the cards)
I will be looking for them to start & secure Enviromental & Permits ASAP ( If they are racing to production this will be a major hill to climb, as their separation appears to be well in hand!) Vital MEtals is already producing REE's. Search is not that far behind (2023/24)
All IMHO & do your own DD & form your own conclusions
I do own shares in Search (The project does seem to have the support of the local peoples in the area. I am "Hopeful" they will have a mining district in a few years.)
Chico
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FD-21-16 (25m level): 292 ppm Dy, 2094 ppm Nd, 544 ppm Pr, 49.9 ppm Tb over 9.62m;
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FD-21-15 (50m level): 315 ppm Dy, 2191 ppm Nd, 578 ppm Pr, 52.3 ppm Tb over 8.23m;
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FD-21-02 (100m level): 210 ppm Dy, 1648 ppm Nd, 444 ppm Pr, 36.2 ppm Tb over 29.46m;
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FD-21-30 (150m level): 240 ppm Dy, 1644 ppm Nd, 434 ppm Pr, 39.2 ppm Tb over 38.32m;
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FD-21-31 (200m level): 284 ppm Dy, 1912 ppm Nd, 499 ppm Pr, 40.0 ppm Tb over 16.54m;