Benjamin River
Company:
Great Western Minerals Group Limited
Commodities:
Rare Earth Element
Percent ownership:
100
Dev stage:
Prospecting
Gps coordinates:
46.96825759544244,-66.62109375
Description:
The Benjamin River rare earth element project is located approximately 53 km west of Bathurst, New Brunswick. The property consists of 493 claim blocks covering 114 sq km and hosts a heavy rare earth element enriched, apatite-diopside-magnetite vein.
Access to the property is via paved highway and logging road. Additional infrastructure includes a railroad within 10 km, ports within 50 km, and power lines also within 2 km.
The heavy rare earth elements such as dysprosium are critical to the production of high temperature permanent magnets used in hybrid vehicles.
Country:
Canada
Province:
New Brunswick