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Tantalus Rare Earths AG
Summary
| Project: | Tantalus | |
|---|---|---|
| Deposit: | Tantalus | |
| Location: | Madagascar | |
| Commodities: | Rare Earth | |
| Date: | 12/17/2014 | |
| Report Code: | NI43-101 | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 17-12-2014: Tantalus Rare Earths AG announces a Resource Estimation report for its Tantalus deposit at the Tantalus project. Updated mineral resource estimate for project. Tantalus Rare Earths AG (‘Tantalus’ or ‘the Company’) holds the exploration licence | |
| Resources: | (Resource, M+I): 197.68Mt @ 897ppm TREO for 177383t TREO contained | |
| CP/QP: | [Resources]: Yann Camus (SGS Canada Inc.) | |
| ABSTRACT: | Tantalus Rare Earths AG (‘Tantalus’ or ‘the Company’) holds the exploration licences grant PR 6698 in the province of Antsiranana, Madagascar. Tantalus has mandated SGS Canada Inc. – Geostat Office (hereafter “SGS Geostat”) to complete a resource estimate technical report for the PR 6698 licenses (“The Project”). This report presents a technical review of the geology and the mineralization on the property. It includes a summary of previous work, a detailed description of the new geological work carried out by Tantalus, updated resource estimation, and a series of recommendations to advance this project. Site visits of the Property were completed by Claude Bisaillon, Eng, SGS Geological Engineer, between 26 April and May 3, 2013, and September 12 and September 28, 2013. A third site visit was conducted by Guy Desharnais Ph.D., P.Geo. between November 28 and December 8, 2013. License grant PR 6698 is situated approximately 40 km south-west of Ambanja and covers an area of 300 km² in the Antsiranana province. The project is currently held 100% by Tantalum Rare Earth Malagasy SARL in Madagascar, a wholly owned subsidiary of Tantalus.Access to the Property is by road from Ambanja or by boat from Nosy Be. | |
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