Motzfeldt - A Multi Element Project

The Motzfeldt Project is a multi-element style deposit that is primarily being targeted for tantalum (Ta), niobium (Nb), and rare earth elements (REE), though zircon, uranium and thorium are also present in the mineralised zone.

Production of a number of minerals from the project would allow market risk to be spread, as minerals such as Ta, Nb and the REE’s have different supply and demand drivers. Multiple products also allows mining, processing and fixed costs to costs to be split across the range of minerals produced.

Tantalum and niobium have a strong geochemical coherence and, almost without exception, occur together. Tantalum is a relatively rare element in nature although it is widely distributed at low concentrations.