Critical Elements Corporation is a Canadian mining exploration company whose objective is to create value for its shareholders by acquiring promising projects that can be brought into production in the short term. The Company is focused on the rare metals and rare earths, particularly tantalum. It has achieved its objective with the Rose tantalum-lithium project, which is currently at the advanced exploration stage. Based on the work programs developed and positive results, Critical Elements Corporation is aiming to put the Rose project into production rapidly. Rose is one of several promising projects in this sector, most notably the rare earths projects in the Rocky Mountains of British Columbia and the rare earths and tantalum-niobium projects in Quebec. The Company looks for projects that could increase its tantalum resources and enable it to become the largest tantalum producer in North America.
Tantalum, Lithium, Niobium and Rare Earths,
|Main categories of lithium use include batteries for mobile electronic devices, hybrid/electric vehicles, solar and wind generation accumulators, glass and ceramics.|
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ROSE TANTALUM-LITHIUMThe pre-tax IRR is estimated at 33% and the NPV at $488 million at a discount rate of 8%.
Indicated Resource of 1,429,075 tonnes at 6.31 g/t Au for a total of 289,890 ounces.
|ROCKY MOUNTAINS RARE EARTHS|
|QUEBEC RARE EARTHS |
To 4.06% TREE, 2100 ppm Ta2O5, 2.63 Nb2O5
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