- Tactical Resources (RARE) has introduced the Peak Project
- The Peak project is located 68 miles southeast of El Paso, Texas
- Initial test work has shown REE enrichment in the tailings with further metallurgy and mineralogy work ongoing
- The company is planning an extensive sampling and testing program to further evaluate REE opportunity potential
- Tactical Resources is a Canada-based mineral exploration and development company focused on rare earth elements
- Tactical Resources Corp. (RARE) is down 3.23 per cent on the day, trading at C$0.90 per share at 2:45 pm ET
Tactical Resources (RARE) has introduced the Southwestern Texas-based Peak Project.
The Peak project, found within the Sierra Blanca Complex, is located 68 miles southeast of El Paso, Texas and two miles southeast of the Round Top Rare Earth Element (REE) project owned by Texas Minerals Resources Corporation & USA Rare Earth.
The project is located within the Sierra Blanca Quarry which is currently operational in the production of ballast (fill) material for the Union Pacific railway. Tactical Resources has an offtake agreement that offers access to tailings material produced as part of the quarry operations.
Initial test work has shown REE enrichment in the tailings with further metallurgy and mineralogy work ongoing. The company intends to move forward with an extensive sampling and testing program to further evaluate REE opportunity potential.
Company CEO, Ranjeet Sundher commented on the news.
“Given the ongoing global uncertainty and news regarding the increasing demand for domestic production of critical minerals, we are confident that if the materials at our Peak asset prove out at commercial grades, the accessibility alone would provide a scenario offering a path to production.”
Tactical Resources is a Canada-based mineral exploration and development company focused on rare earth elements (REE).
Tactical Resources Corp. (RARE) is down 3.23 per cent on the day, trading at C$0.90 per share at 2:45 pm ET.
