Renewal Of Exploration Permit At Surselva Gold ProjectVANCOUVER - NV Gold Corporation reported that the…
Sheep Creek Rare Earth Project Surface Sampling Completed
Sheep Creek Rare Earth Project Surface Sampling Completed
VANCOUVER – US Critical Metals Corp. and US Critical Materials Corp. reported that surface sampling completed at the Sheep Creek Rare Earth Project in southwestern Montana. The Partners received analytical results for 69 samples including 43 grab/rock chip samples and 26 rock channel samples. The channel samples range from 1 to 9 feet in width.
Highlights from the Surface Sampling Program: 1) Detection of up to 363ppm Ga with an average of 93ppm Ga for 69 samples. 2) Continued confirmation of high rare earth element values at Sheep Creek distributed over a broad area as shown in the historic and current sample results. 3) Samples revealed rare earth mineralization with grades including: Sample #21112: 201,216ppm (20.1%) Total Rare Earth Elements (TREE), containing 28,330ppm (2.8%) combined neodymium and praseodymium (“Nd+Pr”) and 363ppm Ga; and Sample #21099: 182,255ppm (18.2%) TREE, containing 32,750ppm (3.3%) combined Nd+Pr and 348ppm Ga. 4) Sample results identify multiple zones of surface mineralization and select samples reveal new zones hosting exploration potential.
The sampling covered areas proximal to the underground workings developed in the late 1950’s for niobium mineralization by the Continental Columbium Company along with new carbonatite exposures north, south and west of the historic workings. The historic workings and property have not been previously evaluated for rare earth mineralization or gallium.
James Hedrick, President, said, “In addition to the neodymium and praseodymium present at Sheep Creek, the detection of gallium represents a significant exploration success and has the potential to become domestic source of this critical mineral for the US. We are currently evaluating various extraction methods for these elements and look forward to further assessing their economic potential.”
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