Meanwhile the company announced that they have extended the length of rare earth occurrence from 1 km to 3 km. That sounds very positive. Three fold increase, very nice.
Dont know much about how much or how useful the deposit is.
I suspect that 400 ppm of a basket of rare earths would produce- 1 kg of rare earths per cu metre of soil (assuming 2.5 kgs per cu metre).
A few mysteries here. Is the ppm measure of the pure element or is the ppm actually a measure of the complex matrix of the mineral that each rare earth is embedded within.
A lot more kgs per cubic metre if the basket contains all the other mineral matter which is then sold for$10---$60 per kg.
Could our company go to man (Mike) be able to clarify, or any sensible Geo here.
Which leads me back to the interesting thing about 3 kms of rare earths.
Thats also 3 times the kgs of baskets of rare earths on hand. Not bad for a couple of weeks of poking and plodding around.
Saltbus
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