RE: 28/09/2126 Nov 2025 08:52
This comment from the link that I have just posted. It says 1% only surveyed so far of Tanbreez and gives valuation.
"According to Critical Metals, the Tanbreez rare earths were discovered in an orebody covering 8 km x 5 km, representing only 1% of the entire 4.7-billion-tonne host rock. Exploration is currently underway to further expand the resource in support of a bankable feasibility study.
Tanbreez rare earths project in Greenland boasts hits of ‘strategic value’
Earlier this year, the New York-headquartered miner released a preliminary economic assessment for the Tanbreeze project based on the current resource, showing a net present value (NPV) of approximately $3 billion (approximately $2.8 billion to $3.6 billion at discount rates of 15% and 12.5%, respectively, before tax), with an internal rate of return (IRR) of 180%."