Product Description
Geology and Mineralization: The property covers the part of the
Lake Bonneville paleo-beaches. The Lake Bonneville basin, of which
the Great Salt Lake basin is a post Pleistocene remnant, is part of
the US Basin and Range geological province which occupies most of
the States of California, Nevada and Utah. The general region of
Lake Bonneville has been an inland sea for as much as *5 million
years. During most of this time Bonneville Basin has been occupied
by inland lakes of various sizes, at times reaching one thousand
feet deep and covering *0,**0 square miles. The detrital deposits
on the property relate directly to three of the highest recorded
lake levels. During the **0,**0 to *0,**0 year period of pronounced
glaciations and inter-glacial flooding, erosion of the Deep Creek
granitic highlands, west and adjacent to the paleo-shorelines,
provided detrital feed for the paleo-beaches of Bonneville Lake
basin. Granite grit, containing magnetite and associated heavy
minerals, including rare earth-bearing minerals, became feed for
the beaches. This erosional debris was distributed, worked and
re-worked as the shorelines advanced and receded.
Iron and rare earth mineralization have been known to exist on the
property for at least *0 years, but there has been very little
geology or systematic exploration carried out. Company
personnel have carried out limited random sampling of the surface
material and obtained above assay results.
Rare Earth Minerals are described by US Geology Survey
Division as cerium, dysprosium, erbium, europium,
gadolinium, holmium, lanthanum, lutetium, neodymium, praseodymium,
samarium, terbium, thulium, ytterbium, yttrium, ferrocerium,
monazite, bastnasite, mischmetal and principal economic sources of
rare earths are the minerals bastnaesite, monazite, and loparite
and the lateritic ion-adsorption clays.
The rare earths are a relatively abundant group of *7 elements
composed of scandium, yttrium, and the lanthanides. The elements
range in crustal abundance from cerium, the *5th most abundant
element of the *8 common elements in the Earth's crust at *0 parts
per million, to thulium and lutetium, the least abundant rare-earth
elements at about 0.5 part per million. The elemental forms of rare
earths are iron gray to silvery lustrous metals that are typically
soft, malleable, and ductile and usually reactive, especially at
elevated temperatures or when finely divided. The rare earths'
unique properties are used in a wide variety of
applications.
The tonnage potential of these deposits could be huge. As an
example, the property is one quarter mile square includes an
area of approximately **0 acres taken to an average depth of **0
feet, could contain in the order of *7,**0,**0 tons of material.
Based on the early sampling, this could represent between *0
million tonnes and *5 million tonnes of base metals and rare earth
minerals. With current world consumption at **0,**0 tonnes, the
resource could meet this level of demand for up to **0
years.
The Company is very pleased with the assay results from assay
Company that once more reaffirm properties have the potential of
containing as yet undiscovered large deposits of economic
commercial indicated reserves of valuable metals and rare
earth minerals. The assay report is consistent and supportive of
the second assay report and assay conclusions which now gives way
to implementing exploration on our properties.
Company assay results in part are as follows: Gold 1.3 ppm,
Silver 4.5 ppm, Aluminum *0.1%, Magnesium 5.*6%, Titanium 2.*3%,
Iron *8.4%, Calcium *2.9%, Silicon, *6.0% as well as Phosphorus,
Copper, Chromium, Antimony, Vanadium, Zinc.
The Utah properties contain 6 of *9 base and rare earth minerals
the United States imports **0% and are totally dependent on an
unbroken supply for our defenses. All of these minerals are vital
to industrial and military interests. To be more specific the
properties contain all of the *0 distinct base metals and Rare
Earth minerals determined to be Strategic and Critical to the
Defense of the United States in ***8 report to Congress by the
National Materials Advisory Board. The Department of Defense, the
OSD and NDS have confirmed these findings.
| Country: |
USA |
| Model No: |
Gold Mine Production
|
| FOB Price: |
2500 / Acre (Negotiable)
Get Latest Price
|
| Place of Origin: |
Utah |
| Price for Minimum Order: |
2500 per Acre |
| Minimum Order Quantity: |
20 Acre |
| Packaging Detail: |
20 to 160 Acres |
| Delivery Time: |
1 day |
| Supplying Ability: |
1120 Acre per Day |
| Payment Type: |
Other, PayPal, Money Gram, Western Union, D/P, D/A, L/C, T/T |
| Product Group : |
- |
