We've just had massive opportunities arise for critical minerals re the Quad meeting.
Looking at SPQs tenements, we are drilling exactly what is set to pop in what is basically the beginning of a global supply chain revolution for Australia.
This is very, very significant news for us.
https://www.ga.gov.au/about/projects/resources/critical-minerals#heading-2
"Currently, many critical minerals (e.g. PGEs, REE, Cr, W, Co, Cd, Ge, Se, Te, Re) are recovered as by-products (or 'companion metals') from the processing of ores of major commodities such as Cu, Zn, Pb, Ni and Au. The production of many critical minerals is strongly dependent upon the production of major commodities; as a consequence, there are opportunities to recover these elements from ores in which the critical minerals may be enriched but are not yet extracted. There is limited information available, however, about the concentration and deportment of critical minerals in most Australian ores.
A recent study by Geoscience Australia (Record 2017/14) presents information about the concentrations of a range of critical minerals in Australian ores using data from the OSNACA (Ore Samples Normalised to Average Crustal Abundance) database. Although the data set is currently limited, the results indicate that critical minerals are enriched in some Australian ores, sufficiently so in some deposits to be potentially recoverable depending on the price of the critical mineral and the costs and viability of extraction. For example, Mississippi Valley-type and Mount Isa-type Zn-Pb ores are enriched in Ge relative to volcanic-hosted massive sulfide and Broken Hill-type Zn-Pb±Cu ores. This difference may relate to the contrasting ore fluids that form these types of deposits."
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