This new discovery of high grade fluorite underscores the geological endowment of the project in other commodities. We continue to assess the potential of occurrences of fluorite, barite, niobium and phosphate at Ngualla that may have economic potential, especially once the rare earth project and associated infrastructure are established.
This certainly is not a one trick pony. We new about the niobium and phosphate but now fluorite and barite! The very good thing is that all of these commodities are in very close proximity. A lot more Neodymium and Praseodymium it would seem. Ngualla is turning into a multi faceted long life (50 - 100 years) project with natural built in insurance.
Another exceptionally good announcement.
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- Ann: High grade fluorite mineralisation discovered at Ngualla
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