hey def
from the site SWB put up :
'However the samples from Daicos don?t just contain uranium minerals at almost 20% in some samples, they also contain niobium (Nb) at up to 28% and tantalum (Ta) at up to 25%. Both metals are highly saleable and are used in micro-electronic devices. On top of that potential, the combined REE (Rare Earth Element) content of the chip samples taken so far is up to an average of 3.5%. ?Typical? REE mines operate at concentrations of 2-4% combined REE.
At this point the geology at Daicos is not sufficiently well known to draw any close geological parallels. However the Nolan?s Bore deposit owned by Arafura Resources is located 135 km to the north west of Alice Springs. It contains a mineral resource of 18.6 million tonnes at 3.1% REE oxides, 14% P2O5 and 0.47 lb/tonne U3O8 (Goulevitch, 2006). The Nolan?s Bore deposit consists of a series of REE-bearing fluoro-apatite veins that are hosted mostly by granite gneiss3.
Thor intends to systematically examine where within the veins and country rock anomalous values occur, particularly in relation to the minerals present in the veins. It (and we) believe(s) that a petrographic examination of these samples is warranted. Scout drilling is also planned to determine the thickness and orientation of the pegmatitic veins, though given the time left in this year?s drilling season it is now unlikely that drills will turn on Hart?s Range projects this year.'
last years annual made mention of it as well, albeit briefly, but they know its has potential especially in this market. Surely they will revisit it.
cheers
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