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ISR Capital Ltd.
Summary
| Project: | Tantalus Rare Earth Project | |
|---|---|---|
| Deposit: | Tantalus Rare Earth Project | |
| Location: | Madagascar | |
| Commodities: | Rare Earth | |
| Date: | 7/22/2016 | |
| Report Code: | (no Code) | |
| Report Type: | Supporting Acquisition | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 22-7-2016: ISR Capital Ltd. announces a Supporting Acquisition report for its Tantalus Rare Earth Project deposit at the Tantalus Rare Earth Project project. Independent Geology Appraisal report - estimated property value is US$1.08B (valuation report). | |
| Resources: | (Resource, M+I): 197.69Mt @ 897ppm TREO for 177383t TREO contained | |
| CP/QP: | [Overall Report]: Brian Davis (Geologica Pty Ltd.) | |
| ABSTRACT: | Geologica Pty Ltd was asked to review and assess, in its opinion, the geological value of the exploration property owned by Tantalum Rare Earth Malagasy S.A.R.L. (TREM) in the Ampasindava Peninsula, NW Madagascar. The area hosts an under-saturated (alkaline) igneous volcanic complex with a unique abundance of Rare Earth Elements (REE) including Tantalum, Niobium, Zirconium, Haffnium, Tin and Uranium in hard rock. This is an independent geological evaluation report, and as such, serves only to comment on the geological setting, initial appraisal and relative economic value and status of exploration and mineralisation on the property reviewed. This report is based upon data from previous company exploration reports, market reports and statements, market research along with personal knowledge and field experience of the deposit. A bibliography of references used is shown at the end of this report. | |
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