A major resource of specialty metals and rare earths has been discovered in a wide fluorite-bearing vein in the southern Yukon by Dodgex, a private company in Whitehorse.
Representative sampling of outcrops along 610 metres of strike length have defined 1.5 million tonnes containing 0.15% yttrium oxide, 0.62% niobium oxide, 1.10% zircon, 0.03% hafnium oxide and 1.37% rare earth oxides, dominantly cerium, lanthanum and neodymium.
The company hopes to bring the deposit into production in late 1994. Road access and the deposit’s proximity to the community of Ross River, Y.T., will result in low infrastructure costs.
Dodgex is seeking venture capital to develop the deposit.
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