Australian Shares Sparty's Blog
Comments on this blog should never be taken as investment advice
Posts on this website are general "tips" and nothing more than that and should never be used to make an investment or trading decision. All information should be carefully cross-checked against official sources for accuracy.
Main Forum•Greenland Energy and Minerals benefaction breakthroughs
-
One of the primary requirements for operating success is the development of a robust method to separate out the various target elements in a resource deposit. Some would argue that this is even more important for a REE deposit. In the case of ASX:GGG who have the world's largest JORC code REE resource with very high uranium, zinc credits it was a vital priority and today's press release suggests that they are achieving mightily and importantly for the investor the market hasn't understood or noticed what they have achieved.
"Independent Investment Research Commences Coverage on Greenland Minerals Greenland Minerals and Energy Ltd (GGG), is a mineral exploration and development company, focused solely on Greenland, one of the world's last natural resource frontiers. Recently the company announced several key high value events that will see it emerge as a global leader in the production of Rare Earth and Uranium, with the market yet to fully understand the implications that come from these developments. The company's flagship project is the 100% owned, Kvanefjeld, a true tier 1 super-giant deposit that is shaping up as one of the largest uranium resources in the world, that is also a rare earth resource of immense strategic importance. With a significant uranium production capacity, the project importantly has the capacity to cost-effectively produce significant quantities of rare earth concentrates, as well as producing a high-grade zinc concentrate. The project is well-located near existing infrastructure in south Greenland and is only a few kilometers from tidewater, with the fjord system providing an ideal natural harbor, accessible year-round. To read full research click here "
