U.S. Critical Materials Corp. announced that rare earth samples taken from 125 feet underground confirm over 10% (100,000 ppm) of total rare earth oxides (TREO), including high levels of neodymium and praseodymium. These rare earth readings far exceed any other domestic rare earth resource. The results included channel samples from 2 underground adits (tunnels) unsealed in October 2022 and sampled in November 2022. These adits are dug up to 400 feet horizontally and are 125 feet below the surface. The analytical results were obtained from Activation Labs, Ancaster, Canada.
The U.S. Critical Materials claims at Sheep Creek, Montana, contains twelve (12) essential critical minerals needed for the world’s evolution toward electrification and a sustainable economy.” In addition to high grades of rare earth, remarkably, the underground data continues to show a low thorium level below 500 parts per million (ppm). This will negate the need for an NRC permit and make extraction and processing easier, faster, and less damaging to the environment
Jim Hedrick, US Critical Materials President and former rare earth commodity specialist for the United States Geological Survey (USGS), stated, “The combination of high-grade rare earth, low thorium, and carbonatites 125 feet below the surface is a geological phenomenon that does not exist in other reported U.S. deposits. Throughout my career independently evaluating rare earth properties within the U.S., I have never encountered a property with the grades generated by Sheep Creek. I firmly believe that this project will continue to produce exceptional results and further our objective of opening a new district-scale rare earth destination to address U.S. industry and government’s critical rare earth needs.”