- York Harbour Metals (TSXV:YORK) reported encouraging findings in its latest Bottom Brook Rare Earth Elements project analysis
- The analysis, conducted on 13 grab samples collected from the Bottom Brook project, unveiled promising results that shed light on the potential of the site
- The presence of thorite, commonly intergrown with monazite, suggests that radiometric geophysical surveys could prove effective in exploring for this mineralization
- York Harbour Metals stock last traded at $0.14 per share
York Harbour Metals (TSXV:YORK) reported encouraging findings in its latest Bottom Brook Rare Earth Elements (REE) project analysis.
Located in Newfoundland and Labrador, the encouraging findings from the project’s mineral liberation analysis – scanning electron microprobe (MLA-SEM), signifies a significant milestone in the company’s exploration efforts and has sparked interest among investors and stakeholders.
The analysis, conducted on 13 grab samples collected from the project, unveiled promising results that shed light on the potential of the site. These samples were processed into thin sections before being subjected to analysis at the Memorial University of Newfoundland and Labrador’s Core Research Equipment and Instrument Training Network (CREAIT) MLA-SEM laboratory. While the lab lacks accreditation, it boasts a reputable status within the research community, instilling confidence in the reliability of the findings.
Key highlights from the Terra Rosetta Inc. report, derived from the MLA-SEM analysis, provide valuable insights into the mineralization at the Bottom Brook REE project:
High REE content: Field sample G4 returned an impressive 35.98 per cent Area Total REE as mapped in thin section by MLA-SEM. This substantial concentration underscores the project’s potential for significant rare earth element extraction.
Prominent monazite presence: Monazite, identified as the primary REE-bearing mineral in the Bottom Brook showings, holds immense promise because of its known amenability to well-established metallurgical processing methods. This bodes well for the feasibility of extracting rare earth elements from the site.
Significance of thorite: The presence of thorite, commonly intergrown with monazite, suggests radiometric geophysical surveys could prove effective in exploring for this mineralization. This insight opens avenues for further exploration and delineation of mineral resources within the project area.
Comparative analysis: Dr. Derek H.C. Wilton, PhD., P.Geo, FGC (a Fellow of Geoscientists Canada), an expert in the field, noted that the Bottom Brook REE mineralization closely resembles the Steenkampskraal monazite deposit in South Africa. Drawing parallels with a renowned deposit underscores the potential significance of the Bottom Brook project within the global rare earth elements market.
York Harbour Metals is an exploration and development company advancing two high-grade projects in Newfoundland and Labrador.
York Harbour Metals Inc. stock (TSXV:YORK) last traded at $0.14 per share. The stock has given back 60.50 per cent year-over-year, but has gained 55.56 per cent since 2024 began.
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