- Tactical Resources Corp. (RARE) has begun work toward advancing a preliminary economic assessment (PEA) at its Peak Project
- The company has engaged consulting firm Forte Dynamics Inc. to take the Peak Project from its current state to a completed PEA
- The PEA work plan development efforts include a full assessment of data being compiled to complete a proposed NI 43-101 technical report
- Tactical Resources (RARE) is trading steady at C$0.77 at 09:35 am ET
Tactical Resources Corp. (RARE) has begun work toward advancing a preliminary economic assessment (PEA) at its Peak Project.
To begin the PEA planning process, the company has engaged the services of Forte Dynamics Inc., a consulting and engineering firm that specializes in open pit resource and reserve modelling, mine planning, blasting analysis, metallurgy, process design, recovery modelling, detailed engineering, as well as procurement and construction management services.
The PEA work plan development efforts include a full assessment of data being compiled to complete a proposed NI 43-101 technical report.
Forte is developing a plan to take the Peak Project from its current state to a completed PEA and proposes to incorporate all previous work and metallurgical testing data to conduct a gap analysis and provide recommendations to advance the project.
The company CEO Ranjeet Sundher said the team moved to add expert investigative horsepower to this REE project.
“Given our early property estimation and the fact our location is just two miles southeast of the Round Top Rare Earth Element project owned by the joint Texas Minerals Resources Corporation and USA Rare Earth operation, we felt it prudent to act decisively. This led to the recently announced strategic decision to amend our agreement with the owners of the Sierra Blanca quarry to strengthen our offtake position and include the option to acquire the entire project area.”
Located in Hudspeth County, Texas, the Peak Project is found within the Sierra Blanca Quarry, an active cut rock operation which serves as the source of raw mineralized material for the Peak Project.
Tactical Resources is focused on becoming a premier North American developer of REE products to meet domestic supply chain needs.
Tactical Resources Corp. (RARE) is a mineral exploration and development company focused on rare earth elements based in Vancouver, British Columbia, and holds interests in the Peak Project in western Texas, Quebec, and Northern Saskatchewan.
Tactical Resources (RARE) is trading steady at C$0.77 at 09:35 am ET.
