Critical Elements Corporation (CVE:CRE) provided an update on the work program at its BC Tantalum, Niobium & Rare Earths Elements property, including a new discovery of in-situ molybdenite, colombite or allanite and phosphate mineralization.
The press release is quoted as saying:
The airborne survey is now complete and the Company has received preliminary airborne Mag and radiometrics data from Aeroquest, and is actively using this data to plan traverses for Hiren, Trident, Kin and IRC.
To date, the program has consisted of the collection of silt-stream samples for the Kin, Trident and Hiren properties. The silt program went very well, with an average sample density of 1.6 silts per square kilometre, resulting in a total of 312 silt samples. A portable XRF was used at the field camp to analyse the silt samples, and greatly assisted the direction of the 2011 field traverses.
Critical Elements’ President and CEO, Jean-Sébastien Lavallée said:
“I am very pleased with how the program is progressing and the quality of the mineralization we are encountering.”