La Plata is going to take on more of a profile nationally US Govt designating La Plata as a Critical Minerals Resource district:
Interview with Scott that took place a month ago:
2:00
"US Govt have already spent over $300,000.00 USD's at La Plata: Geophysics,mapping and soil sampling.
Because of the work by the USGS and Colorado Geological Survey in the La Platas, we've also gone back and looked into our data. There is potential byproduct of scandium, gallium, vanadium and tellurium that co-locate with copper and silver in the deposit.
Also,the potential for rare earth elements-lanthinum and eutreum. It's very early stage for us to say this is going to be an economic contributor or part of a future resource but the potential is there. In this time when there is such a focus on domestic sourcing of critical minerals , to have this basket of minerals that we can explore for and build up is really a value to our company and project." Scott Petsel
The KE Report interview done with Scott six days ago:
Q:Raising capital in non-traditional ways with the interest of the US Govt in La Plata rare earths and critical minerals?
17:15
"I think there very much is. "
18:28
"Copper is now being recommended as a critical mineral. Silver is being recommended as a critical mineral.Platinum and palladium,that we are going to be added to the resource,is critical.We also see vanadium, scandium, tellerium,lanthenum, retreum-the last two being rare earths,along with being critical minerals.
That's a critical understanding. This was generated from the fact that the USG designated the La Plata mountains as a critical minerals focus area. Over the past three years the US Government has spent over $300,000.00 through a program called 'Earth MRI' admistered by the US Geological Survey to advance the understanding of the critical mineral potential in the La Plata mountains."
19:13
"We've collaborated with them. I recently gave a talk to the American Association of State geologists in San Antonio about how the USGS data has contributed to our understanding of that expanded critical mineral potential and , you know, the upside is this is potential byproduct material that is co-located with copper. As we coninue o build that foundation and build an understanding of what these potential by-products represent-along with the addition of platinum and palladium into the resource- the project is going to take on more of a profile nationally as a source of critical minerals that could attract funding outside of the traditional private placement activities for the company. We're hopeful on that. It's part of that foundation building and we're learning about all the other elements and their ability to contribute to the project on a daily basis." Scott Petsel