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Kvanefjeld is a large scale rare earth project with the potential to become the most significant western world producer of rare earths. The project is centred on the globally unique Ilimaussaq Alkaline Complex in southern Greenland. To date over 1 billion tonnes of mineral resources (JORC-code compliant) have been delineated in the project area, across three different zones – Kvanefjeld, Sørensen and Zone 3. Mineralization is hosted by a rock-type called lujavrite, and is enriched in rare earths, uranium, and zinc.


Kvanefjeld has a number of unique attributes:



  • Massive bulk resources, mostly outcropping.

  • Location, <10 km from tidewater, with year-round direct shipping access.

  • The ores are conducive to simple, cost-competitive processing.


Collectively, these attributes can potentially make Kvanefjeld a globally significant supplier of rare earths for many decades. Kvanefjeld will consist of a mine, a concentrator and refinery. The concentrator will produce a mineral concentrate containing 20-25% rare earth oxide, a zinc concentrate and fluorspar. The refinery circuit will produce high-purity intermediate rare earth products, and uranium as a by-product.


Rare earth products are forecast to generate over 80% of the project's revenue, with uranium, zinc and fluorspar by-products contributing to the balance.


THE ILIMAUSSAQ COMPLEX

Sitting behind the town of Narsaq in southern Greenland is the Ilimaussaq alkaline complex, a unique geological setting.  Economically, the most important rock unit forms an undulating, horizontal layer several hundred metres thick that is strongly enriched in rare earth elements, uranium, lithium, zirconium, zinc and fluorine. This rock called lujavrite, persists for over 50 square km, and forms the basis of the project (more).


Mineral resource estimates have been established at three locations within the project area; Kvanefjeld, Sørensen, and Zone 3. Each resource represents outcropping, or near-surface expressions, of the lujavrite seam. Resource estimates are compliant with the Australian Joint Ore Reserve Committee code, 2012, and were prepared by SRK Consulting. To date, over a billion tonnes of mineral resources have been established. The resource contains one of the largest inventories of rare earth elements and uranium globally (11.1 million tonnes of rare earth oxide, 593 million pounds U3O8). The resource table, as of February 2015, can be viewed (here).


 
 [Note: Ill-advised anti-uranium mining natives are against the development of this project (more). Also, a Chinese company holds an interest in Greenland Minerals ...(more]


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