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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. > One question I forgot to ask during the recent webinar
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Post by Rapidsx1 on Apr 10, 2024 12:29pm

One question I forgot to ask during the recent webinar

Ucore did an updated (and more extensive) field sampling of Bokan in the summer of 2022, and still have not told investors the results. Just like the Ross-Adams Uranium inquiries of 2022, they gave investors a press release (https://investingnews.com/ucore-updates-on-bokan-2022-field-sampling-program/) but have been radio silent ever since, focusing their attention on Rapidsx development (which is understandable).
 
This all came to mind recently when I saw that Vital Metals is now increasing the estimate for the rare earths it can mine at Tardiff (https://cabinradio.ca/177554/news/yellowknife/vital-metals-now-envisages-a-much-bigger-nwt-mine/).
It also reminded me of reading how AI is being used both in the discovery of various mineral deposits worldwide as well as in excavation design. This may explain a lot of the recent mineral discoveries and modified mine projections that I see a lot of international mining companies putting out lately.
 
I wonder what the 2022 field sampling results tell us that the old 2011 results didn't. Could it be that even more dysprosium than previously thought is now being projected at Bokan? Could even more Uranium be present at Ross-Adams, based on samples taken in 2023? I am pretty sure Mark knows the answer. I guess we will have to wait for the next RedCloud Webinar to ask and (maybe) find out.
 
 
Regards,
 
Rapidsx1
 
 
 
Comment by VeritasBob on Apr 10, 2024 12:43pm
You tthink Ucore wouldn't be screaming from the rooftops if results were better than expected or previously disclosed? As for Vital, it increased deposit size estimate by using lower cutoff value because it's now economical to mine lower grade due to REO prices DECREASING? Talk aboiut bizarro world.
Comment by PipinoCuevas on Apr 10, 2024 3:05pm
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Comment by PipinoCuevas on Apr 10, 2024 3:04pm
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Comment by PipinoCuevas on Apr 10, 2024 7:58pm
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