EL CAMPO PROSPECT – Rock-chip Geochemistry
Highlights
- The Mojave Project consists of three areas: The North Block comprised of 164 claims totalling 14.9km², South Block comprising of 32 claims totalling 3.5km², and the El Campo Prospect comprising of five (5) claims totalling 0.34km²;
- Five (5) of the 25 rock-chip samples collected at the El Campo Prospect returned high grade TREO results of 3.74% to 9.49% within a 6-metre-wide mineralised zone;
- The Mojave North Block lies 1.4 km to the north-east of the Mountain Pass Open Pit Mine, the largest rare-earth element (REE) mine in the U.S;
- The Mojave Project has potential to host numerous REE deposits. Rare earth elements (REE) are indispensable for the functioning of modern society, powering technological innovations and enabling advancements in renewable energy, electronics, and defence systems;
- The Mojave Project is located on California’s south-eastern border with Nevada, USA;
The Mojave Project is positioned next to one of the highest-grade REE mines in the world and multiple significant carbonatite REE veins have been identified. 13 targets, 19 interpreted geophysical features and 4 REE mineral prospects have been identified for field review.
ESM has also entered into an option agreement pursuant to which it has the option to acquire 100% of five (5) mineral claims totalling 0.34 km² which comprise the El Campo Prospect.
The El Campo Prospect has produced high grade samples with five of the twenty-five rock-chip samples collected, returning TREO results with assays up to 9.49%. These samples were collected from outcrops of syenite, shonkinite and carbonatite comprising a 6-meter-wide mineralised zone.
Occurrences of dykes of mid-Proterozoic intrusive rocks including syenite, shonkinite and carbonatite have been documented in the El Campo claim blocks and are interpreted to also be found in the North and South blocks. The Proterozoic carbonatite terrane at Mountain Pass hosts the largest resource of REE’s in North America.
The close proximity of the El Campo Prospect to the Mountain Pass Mine and high-grade rockchip samples provides strong potential for further significant REE discoveries within the exploration package