Critical Elements Corporation
TSX CRE  0.12    0.00  |  FRANKFURT F12   0.105    -0.042  |  OTCQX CRECF   0.10    0.00
May 23, 2013  |  Français  |  中文  |  日本

                                                                                                                                                                                                                                                                                                                                A recent financial analysis of the Rose Project based on price forecasts of US$260/kg ($118/lb) for Ta2O5 contained in a tantalite concentrate and US$6,000/t for lithium carbonate (Li2CO3) show an after-tax Internal Rate of Return (IRR) of an estimated 25% for the Rose Project, with an estimated Net Present Value (NPV) of CA$279 million at an 8% discount rate. The payback period is estimated at 4.1 years. The pre-tax IRR is estimated at 33% and the NPV at $488 million at a discount rate of 8%.

Overview

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.

Development project

Rose Tantalum-Lithium
ROSE TANTALUM-LITHIUM
The pre-tax IRR is estimated at 33% and the NPV at $488 million at a discount rate of 8%.

Exploration projects

Croinor and Matchi-manitouCROINOR
AND MATCHI-MANITOU
Indicated Resource of 1,429,075 tonnes at 6.31 g/t Au for a total of 289,890 ounces.
Rare EarthsROCKY MOUNTAINS RARE EARTHS
Rocky Mountains,
British Columbia...
Quebec Terres RaresQUEBEC RARE EARTHS
To 4.06% TREE, 2100 ppm Ta2O5, 2.63 Nb2O5
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