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Quebec Rare Earth Elements Acquires Additional Land Surrounding Lynx REE Project in Quebec, Canada
Toronto, Ontario--(Newsfile Corp. - November 27, 2023) - Quebec Rare Earth Elements Corp. (CSE: QREE) (the "Company") is pleased to announce the acquisition of
About this update from Quebec Rare Earth Elements Corp
[{"type":"text","content":" Toronto, Ontario--(Newsfile Corp. - November 27, 2023) - Quebec Rare Earth Elements Corp. (CSE: QREE) (the \"Company\") is pleased to announce the acquisition of additional lands abutting the Lynx REE project located in Quebec, Canada. The Lynx REE project is located 15 km north of Dolbeau-Mistassini and 90 km northwest of Saguenay, Quebec, and covers 2,034 Ha (20.3 sq. km). The additional property abutting Lynx was acquired by staking and covers a further 2,543 Ha (25.4 sq. km) for a total of 4,577 Ha (45.7 sq. km). See Figure 1 below for location of Lynx and Carcajou REE properties, close to Saguenay, QC, a major Regional Hub with daily flights to Montreal. Figure 1 – Location of Lynx and Carcajou REE Properties, Close to Saguenay, QC, Major Regional Hub Lynx REE Project Overview The Lynx REE Project covers a late mafic igneous intrusive plug covering an estimated area of 6km x 2km based on recent government geological mapping and airborne geophysical data (Figure 2). Sporadic outcropping exposures of the intrusive shows a coarse grained diopside-apatite-biotite mineralogy with minor amounts of carbonate, and titanite. The project has seen minimal historical work, limited to mapping and sampling. The limited historical work was completed by Tectonic Resources Inc, the vendors of the project. Samples taken returned interesting results, including up to 4,925 PPM of Total Rare Earth Oxides (TREO) with NdPr/TREO ratios of up to 0.3. In addition, a pegmatite dykes near the intrusive has returned up to 3.8% TREO. Figure 2: Lynx Project magnetic vertical gradient map with recent grab sample results. Lynx Project Location The Saguenay area is located within the Grenville Gneiss Province of the Canadian Shield. Two known carbonatite intrusives hosting niobium (Niobec) and rare earths elements (Crevier carbonatites), are located 80 km SE and 70km NW respectively from the Lynx property. The Lynx property and intrusive have direct access via well-maintained forestry roads from the near-by town of Dolbeau-Mistassini. Figure 3 below shows the Lynx REE property and its proximity to the existing Carcajou REE property. Figure 3 - Location of Lynx and Carcajou REE Properties Lynx has Excellent Potential for a REE Discovery Benoit Desormeaux, President & CEO, states ''With the increasing need for green energy sources to reduce CO2 emissions...