Minerals including gold, silver, platinum, moly, copper, coal & REE
Top 10
Ranked top 10 mining jurisdiction in US by Fraser Institute.
Long History
Long history of mining dating back to 1864 (state moto: Oro Plata).
Sheep Creek
Sheep Creek is one of the highest-grade light rare earth projects known within the US. It Is located in Ravalli County, SW Montana.
4,500 acres
223 Contiguous claims, approximately 4,500 acres.
300 meters
Over 50 carbonatite dikes up to three meters wide can be followed for more than 300 meters along strike.
75%
Agreement to earn up to 75% corporate equity in newly formed US Rare Elements Corp.
High Grade
Across 51 historical samples, the average rare earth elements content was 6.8%, with peaks up to 18.0%, including 2.4% neodymium. The average neodymium and praseodymium content was 0.9%, while thorium levels averaged 200ppm, staying below the 500ppm permitting threshold.
Source: (1) Reference US Critical Metals Corp. press release darted July 25th, 2022
Critical metals
Elements include neodymium, praseodymium, gallium, niobium. Critical inputs in the creation of electric vehicle batteries, various technologies, and military and defense applications.
Source: (1) Reference US Critical Metals Corp. press release darted July 25th, 2022
Sheep Creek represents a district scale opportunity to develop resources & reserves within the US. Project located in the heart of the district known for rare earth elements.
Regional Geology
Carbonatites occur in an amphibolite grade metamorphic package composed of gneiss, schist, migmatite, pegmatite and amphibolite.
Rock units occur in SW Montana and extend to the SE into Idaho where similar REE mineralization occurs in the Mineral Hill District.
Regional Activity
Sheep Creek occurs within a NNW trending belt of rare metal mineral occurrences and alkalic igneous complexes along the Montana Idaho border. Referred to as the Montana Idaho Alkalic Belt (MIAB).
Belt hosts Th, REE, Ti, and Nb deposits in SW Montana and adjacent Idaho including the carbonatite dikes at Sheep Creek and Mineral Hill (ID), along with the Th and REE veins at Diamond Creek, Lemhi Pass and northern Tendoy Mountains.
Exploration Plan
Historic sampling confirms high grade mineralization within historic property area. Completed detailed mapping and sampling (above and below ground) over historic claims. Results pending.
Sediment Sampling
Program from streams conducted over the entire claim block. Results pending.
Sampling
And mapping of recently staked claim blocks to define additional drill targets.
Drill Targets
Being refined. Initial drill area will be focused on historic claims.
File Operation Plan
With Forest Service. Project previously permitted.
US controls only 1.7% of total world-wide rare earth reserves yet is expected to account for a significant amount of demand for the unplanned new supply requirements needed to fuel the EV and national defense industries.