Total Rare Earth Oxide Content Of Over 56%
Auxico Resources Canada Inc. (CSE: AUAG) has made what it believes is a significant discovery of high-value rare earth ore in Colombia, with a total rare earth content of 56.87%.
Subsequent to a sampling programme on 23 pits, samples from the company-controlled property were sent to Canada and analysed by Coalia Research Institute in Thetford Mines. The rare earth metals tested included Cerium, Neodymium, Lanthanum, Praseodymium, Samarium, Gadolinium, Dysprosium, Yttrium, Ytterbium, Erbium and Hafniu.
The company also discovered tantalum, niobium, scandium and selected rare earths from another pit on the property.
Furthermore, test results on a sample from a different pit on the property resulted with 47% of tin content, along with tantalum, niobium, scandium and rare earth credits.
The pitting program was conducted on the property subsequent to a satellite imagery interpretation study which identified in excess of 20 priority exploration targets that are in the process of being sampled.
