ARR 13.2% 30.0¢ american rare earths limited

BPL's Heavy Metals, page-5

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    BPL has built a substantial portfolio of Heavy Mineral Sands (HMS; titanium & zirconium) projects within the world-class Murray Basin. BPL’s Mineral Sands business model involves applying low capex/low opex mobile, modular mining technology to develop and operate multiple smaller mining operations across a broad project area.BPL currently has largest tenement holding in the Murray Basin with exploration titles covering approximately 7,300km2 in Ne, w South Wales, Victoria and South Australia. Additional tenement applications and potential project acquisitions under review will continue to position the Company to take advantage of improving market conditions.The Company’s tenements are favourably located near key infrastructure and contain multiple parallel mineralised strandlines which persist up to 15km in strike in some areas with 5–20m of overburden. QUOTE

    Hi fly19, the quote from website highlights the sheer size of the holdings , cannot give an estimate of the value only to say it will be big,
    A number of relevant points regarding the prospectively of the are is highlighted by the neighbors. Number 1 in the world for HMS Iluka working in the area around Victoria Number 2 in world Tronox that bought the Snapper & Gingko operations from Cristal Mining last year in NSW right next to BPL’s tenements. There some thoughts that Cristal May return at some point. Also Relentless Resources are now active on the sites bought from BPL. It is a great time building up for the company to develop or offload these resources IMO.

 
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