I am no expert on rare earths by any means, but I did read about the largest rare earths deposit in North America being around 370ppm total grade. The numbers given do appear to be in this ball park.
Obviously there will be deposits with much higher grades, but some of the intercept widths we have are impressive.
Not forgetting that this is a maiden drill program, with plenty of scope for further targeted drilling improving the scale of what has been reported.
This obviously may not end up being economic to mine, but it may end up being feasible too! Very early days.
Ann: Thick and High Grade REEs Intercepts at Morgan Creek, page-14
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