Some don't realise that SUM also has Carbonatite Deposits:
SIGNIFICANT SCALE SURFACE SAPROLITE CLAY SYSTEM UNCOVERED AT ARATAPIRA
REE PROJECT HIGHLIGHTS:
• First-pass exploration has identified a Large-Scale Surface Saprolite Clay System at Summit’s 100%-owned Aratapira REE project in southwest Minas Gerais, Brazil.
• 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 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.
It's only around 12km from CBMM,
And less than 10km from Mosaic....
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1 | 2223 | 0.225 |
Price($) | Vol. | No. |
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