Mining Info

Rare Earth Element Property For Sale

 Pat Property

 

Project Details

Commodity:  Rare Earth
Location:  Canada
Terms:  For Sale, Lease Purchase Option
Price:  Contact Vendor

Summary:
The BC Geological Survey Branch ranks the Big Bend region (mainly Kootenay Terrane) among the top ten percent in the province for metallic and industrial mineral deposit discovery potential. The area is well serviced by grid electric power, mainline roads and logging roads. The Pat REE property is adjacent to the north boundary of the Columbia Belle property that hosts a known high-grade SEDEX zinc, lead/copper silver occurrence as well as a limestone deposit in Badshot Formation rocks.

Location and Access:
The Pat Rare Earth Element property is located in the Big Bend region of Southeastern British Columbia approximately 120km north of Revelstoke, B.C., Canada. Revelstoke, a city of 8,600, is a transportion hub (major rail and roads) and a resource center. The Pat property is immediately adjacent to the Columbia Belle Property that is listed on this MineListings.com website. Paved highway 23 is just east of the Property and logging roads and clear-cut areas transect the Property. BCHydro's 2800MWe Mica hydro electric dam is only 17km to the north of the Property.

Description:
The Property was acquired by MTO acquistion for its Rare Earth Element potential. Two RGS samples were taken as stream silts in the area (north and south drainages into Pat Creek) and both were highly elevated in REEs (see MapPlace RGS No. 82M775264 and No. 82M775265). Carbonatite-hosted deposits of Rare Earth Elements are known to occur within this Columbia Mountain region so these anomalous silts warrant detailed follow-up.

Geology:
The Big Bend area stratigraphy ranges in age from Upper Proterozoic to Mid Paleozoic and was formed by long periods of intermittent extensional tectonism along the western margin of North America creating chemical and detrital deposition within a marine environment with coeval formation of volcanic and intrusive (heat centers) rocks along spreading centers. This action created the formation of Besshi-style and more distal massive sulfide style deposits (VMS and SEDEX) within the Horsethief, Hamill and Lardeau Groups of the Columbia Mountains. This type of geological formation is also permissive for development of carbonatites, often a source of Rare Earth Elements.

History:
The Big Bend Region has a long history of mineral exploration and mine development dating to the Mid 1800's when a gold rush occurred into Kirbyville near the Goldstream River. Since that time development of roads, rail and hydro power in the area has resulted in many metallic and industrial mineral occurrences being discovered. Recent interest in Rare Earth Elements is resulting in renewed interest in prospecting for and development of these REE resources in the region.

Additional Information:

Contact: John Chapman
Telephone: (604) 536-8356
Email: jacms1@telus.net
Website:

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