Berlin property holds 24,000m+ of historical drilling
Resource and expansion possible as existing exploration data covers just 3 km of known 10.5 km
Significant rare earth by-product revenue contributing to strong cash-cost potential
Fully situated in mining-friendly Caldas Department, with modern infrastructure nearby and skilled local labor force
Metallurgical studies indicate high recovery potential
Mining-Centric Workforce
University of Caldas – Primary Mining School
Supplier and Satellite offices nearby
Established resource, open for expansion and an aggressive exploration program
High volume by-product potential to contribute significant revenue and profit margin expansion
Berlin exploration property from 24,000m+ of historical drilling
Historical resource expansion possible as existing exploration data covers just 3km of known 10.5km long trend
By-product revenue (vanadium, phosphate, neodymium and other rare earths) contributing to strong cash-cost potential
Fully situated in mining-friendly Caldas Department, with modern infrastructure nearby and skilled local labor force
Metallurgical studies indicate high recovery potential
Well-maintained core shack & previously drilled core in place for reference & reassessment from 24,000m+ drilling program
Strongly preserved drill core from historical drill programs
Existing relationships with landowners & local farmers providing support for project restart
Longstanding corporate and administrative relationships have accelerated completion of environmental, technical studies
Preliminary metallurgical testing has demonstrated exceptional results, with phosphate recoveries reaching 97%, revealing the potential for by-products to generate over $1 billion in value. This opens up significant opportunities for the region’s agricultural market, as well as for export throughout Central and South America. Additionally, the contribution from non-uranium output could lead to industry-leading, negative cash costs, positioning the project as a highly competitive player in the market.
| Category | Tonnes | Grade | Contained |
|---|---|---|---|
| Indicated | |||
| U3O8 | 0.3 MMt | 0.11% U3O8 | 1.5 MMlbs |
| Indicated | |||
| U3O8 | 8.1 MMt | 0.11% U3O8 | 19.9 MMlbs |
| Phosphate | 8.1 MMt | 9.30% P2O5 | 0.8 MMt |
| Vanadium | 8.1 MMt | 0.50 V2O5 | 97 MMlbs |
| Yttrium | 8.1 MMt | 500ppm | 4.3 MMt |
| Neodymium | 8.1 MMt | 100ppm | 0.88 MMt |
| Nickel | 8.1 MMt | 0.23% | 45 MMlbs |
| Moly | 8.1 MMt | 600ppm | 12 MMlbs |
Vast network of university students to participate in ongoing exploration and mining partnerships
For major mining equipment entities and subcontractors
Paved roads, telecommunications and various power sources
Mining and exploration talent, legal, finance and other expertise