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 : |
- |
