CUX 0.00% 0.6¢ crossland strategic metals ltd

big on heavy re, low on projected costs, page-13

  1. 15,535 Posts.
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    Good summary ddzx, CUX very spec but don't lose sight of the potentially low capex and fast track to market. Guess the economics will be best judged by the potential off take partner.

    Haven't looked at any detail yet but noticed Ucore is doing something similar, might make an interesting comparison:

    "Ucore is also developing an REE deposit at the upper Kilolitna River using alluvial mining techniques such as gravity separation. Ucore said that assays from REE concentrate which HREE made up for 15-25% TREO. If the quality of the resource isn’t appetizing enough, the alluvial nature of the deposit give Ucore an additional advantage. The ore is deposited in sand, rocks located along a river. There is no need to dig deep or to leave giant pits behind;"

    http://proedgewire.com/rare-earth-intel/ucore-a-frontrunner-in-the-search-for-a-long-term-us-based-ree-resource/
 
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