SUM 11.4% 24.5¢ summit minerals limited

Current and future price predictions, page-70

  1. 8,151 Posts.
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    SUM has Carbonatite Deposit as well one of which is very close to CBMM,

    Another project with Similar grades to Ecuador and much more:

    SUMMIT TRANSFORMATIONAL BRAZILIAN NIOBIUM, RARE EARTH & LITHIUM PORTFOLIO HIGHLIGHTS:

    •JUAZEIRINHO (Nb, REE),
    •EQUADOR (Nb, REE),
    •ARATAPIRA (REE),
    •SANTA SOUSA (REE),
    •T1/T2 (REE)
    •HERCULES NORTH & SOUTH (Li)

    So far most only know the Ecuador project.

    Although the Juazeirinho project has similar Niobium grades to the Ecuador project.

    Then there's SUM's Carbonatite Deposit:

    SIGNIFICANT SCALE SURFACE SAPROLITE CLAY SYSTEM UNCOVERED AT ARATAPIRA

    REE PROJECT HIGHLIGHTS:

    • It lies between CBMM’s World-Class Niobium & ultra-high-grade hard rock REE deposit and Mosaic’s Phosphate & REE deposit, which may provide sources for REE-enriched saprolite clays at Aratapira.

    • The project spans parts of the Alto Paranaíba Igneous Province (APIP), which accounts for over 97% of global niobium production and consists of major carbonatite complexes, kimberlites, lamproites, and minor alkali-related intrusions.

    It's only around 12km from CBMM,
    And less than 10km from Mosaic....
    Last edited by $$$$$$$$: 18/07/24
 
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