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Carmanah Minerals Acquires Hare Hill Pluton, Adjacent to York Harbor's Bottom Brook Rare Earth Project
February 15th, 2023 – TheNewswire - Vancouver, B.C. – Carmanah Minerals Corp. (CSE:CARM), (“Carmanah” or the “Company”) is pleased to announce the acquisition o
About this update from Skull Ridge Gold Corp.
[{"type":"text","content":"February 15th, 2023 – TheNewswire - Vancouver, B.C. – Carmanah Minerals Corp. (CSE:CARM), (“Carmanah” or the “Company”) is pleased to announce the acquisition of the Hare Hill Pluton Rare Earth Project covering 162 claims totaling 4050 hectares in Central Newfoundland. The property is directly contiguous to the recent “Bottom Brook Acquisition” by York Harbour Metals Inc., the Hare Hill area is quickly becoming recognized for its rare earth potential. The project is also adjacent to Falcon Gold and Marvel Discovery’s Baie Verte Brompton Projects. The Hare Hill Complex is a peralkaline granite system located proximal to the Baie Verte Brompton Line, a terrane bounding fault that separates the Humber zone from the Dunnage zone. Peralkaline granites are differentiated felsic igneous rocks that have a higher molecular proportion of combined sodium and potassium than aluminum. An association of rare earth element (REE) occurrences with peralkaline granite systems are well documented, and examples include the Strange Lake REE Deposit in Quebec and Labrador. The Hare Hill granites are emplaced at the boundary between Fleur de Lys Supergroup gneiss and Humber Zone anorthosite. The Hare Hill granitic system is prospective for Rare-earth mineralization, as recently reported by York Harbour Metals whose grab rock samples returned total rare earth oxide grades (TREO) grades between 3.45% and 21.63% TREO. Previously, Kirrin Resources Inc. reported drilling results that included 4.47% TREO over 5.64m core lengths and 1.16% TREO over 15.3m core lengths on the Bottom Brook project in February 2011. On Dec 20, 2022, the Honourable Seamus O’Regan Jr., federal Minister of Labour, and MP for St. John’s South-Mount Pearl, announced an investment of $5.2 million over the next three years for the Government of Newfoundland and Labrador to deliver two new critical mineral initiatives focused on geoscience and exploration activities. The announcement was made on behalf of the Honourable Ginette Petitpas Taylor, federal Minister of Official Languages and Minister responsible for ACOA. In addition, the Honourable Andrew Parsons, Minister of Industry, Energy and Technology, confirmed $4.6 million in support through its existing Junior Exploration Assistance program and in-kind supports over three years. These investments support an airbor...