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Bullboard - Stock Discussion Forum Ucore Rare Metals Inc. V.UCU

Alternate Symbol(s):  UURAF

Ucore is focused on rare and critical-metal resources, extraction, beneficiation, and separation technologies with the potential for production, growth, and scalability. Ucore's vision and plan is to become a leading advanced technology company, providing best-in-class metal separation products and services to the mining and mineral extraction industry.

TSXV:UCU - Post Discussion

Ucore Rare Metals Inc. > Because Pip asked, Bokan deposit
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Post by Dragonsmyth7 on Jan 11, 2021 6:06pm

Because Pip asked, Bokan deposit

Dear Pip,
This is just off the top of my head.  Weather moved in and I am aching today.  So no in depth reseach.  
As I understand it Bokan deposit is 6% REE and over half of that 6% is the heavy ones that you use to make magnets.
Mountain pass is a light REE mine with just a little of the heavies.  They would have to able to do the last 10% of separation and not have to send off to China for DOD to really take a interest.

Round top is a big mineral deposit that has one or two percent REE and mostly light REE.  You would make money off the other minerals in the deposit using the REE to get the mine open and working.
Wy is the same way mostly light REE.
Now there are smaller mines that mine other minerals that have a little REE and once or twice a year they send off to China a REE concertate for separation.  One of them might be higher in heavies but I have not hear of any that are.
USG is looking for a way to bust China's control of REE market and will spend money to find it.  But that means that they will need a heavy REE mine to do it.  Ucore holds the only deposit that meets USG long term needs.
Dragon
Comment by PipinoCuevas on Jan 11, 2021 6:15pm
This post has been removed in accordance with Community Policy
Comment by nickgeo on Jan 11, 2021 10:06pm
Round top is a big mineral deposit that has one or two percent REE and mostly light REE One sentence, two mistakes.....at least the "big" is correct.
Comment by farml1234 on Jan 11, 2021 10:48pm
nickgeo Been said here by the brain that you have as much Rees in your back yard as round top
Comment by ausheds on Jan 12, 2021 5:33pm
TOTALLY Fake News Dragon, bad enough you are still fooling yourself after a decade let alone trying to delude others here. Bokan is a mere 0.6% TREO, and a tiny deposit only 35kt, highly radioactive, underground, and a very small proportion of paydirt Dy which is actually only 0.025%, with virtually no Tb. Bokan is a crock, these are hard numbers that have been put up a number of times yet you ...more