Ann: REE Mineralisation Confirmed at Quicksilver Ni-Co Project, page-9

One thing you'd have to say is that the geological setting at Quicksilver does look pretty good for this being an IAC hosted REE deposit.

Certainly 'tis the consummation devoutly to be wished - where rare earths are adsorbed by the clay (individual molecules, atoms or ions gathering on clay surfaces) ...and are easily liberated using weak solvent at atmospheric pressure and temperature.

As Maccadu observes: "If this is Ionic it should be relatively simple and cheap to extract".

Which happily carries on the general theme at Quicksilver - true, we think, of the Chromium Magnetite concentrate, of the Nickel-Cobalt cons* and Silica Aggregate product - cheap and easy to mine; cheap and easy to process.


* I notice too, this little throwaway in today's Announcement: The Company will also incorporate additional studies to explore downstream options to produce secondary nickel products suitable for EV batteries as well as high value industrial products which may add further value but is not required for the current business model.