Regency Mines has initiated a review of its Motzfeldt Multi-Element Project, covering the Motzfeldt Centre, Greenland, and contained within its license 2014/01.
This was with a view to conducting further work that will give a comprehensive understanding of the composition and economic potential of the Motzfeldt Centre, most of which remains unexplored or lightly explored.
- The Motzfeldt Centre Project includes a previously notified JORC Inferred Mineral Resource of 340Mt @ 120ppm Ta2O5, 4,600ppm ZrO2, 1,850ppm Nb2O5 and 2,600 ppm total rare earth oxides
- Resource contains a significant Tantalum Resource
- Other areas within the license with potential for mineralisation little explored
- Globally significant scale of existing Resource indicates further potential.