Resource estimates for neodymium-rich rare-earth-element exploration project

About this project

client
Great Western Minerals Group
location
Saskatchewan
cost
$70,000 (Barr's fees)
completion date
2014

Great Western Minerals Group hired Barr to complete a resource estimate for its rare-earth-element project at Hoidas Lake in northern Saskatchewan, Canada. Exploration drilling at the site provided the opportunity to upgrade the deposit to a classified resource, a fundamental step toward developing mining activities at Hoidas Lake. The project had a compressed schedule and required mobilization on short notice before winter conditions prevented air travel to the remote site. 

The resulting resource-estimate technical report, which complied with Canadian National Instrument 43-101, was provided to the client to submit to the Canadian Securities Administration and the Toronto Stock Exchange, which is required before mining companies issue statements about economic resources to investors. Exploration and further mine development are now proceeding at the Hoidas Lake property, and Barr is providing ongoing due-diligence work for subsequent investor statements posted on the Great Western Minerals Group website.

Key team members

Lyall Workman

Vice President
Senior Mining Consultant

Phil Solseng

Vice President

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