Canada Rare Earth Secures Right to Acquire Majority Ownership of World Class Tin and Essential Minerals Bom Futuro Project ...Middle East

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Canada Rare Earth Secures Right to Acquire Majority Ownership of World Class Tin and Essential Minerals Bom Futuro Project
source : canadian news today ( Middle East ) () 30
Vancouver, British Columbia–(Newsfile Corp. – August 28, 2023) – Canada Rare Earth Corp. (TSXV: LL) (“Canada Rare Earth” or “the “Company”) is pleased to announce obtaining the right to increase its ownership in the Bom Futuro tailings property in the state of Rondonia, Brazil to a controlling 52% and to become the operator of the project. Certain highlights of the Bom Futuro property include: Permit issued for extraction activities; 70 million tons of tailings accumulated from 25 years of tin mining by the Paranapanema Company and artisanal operators; The tailings contain multiple essential, critical and commercially saleable minerals including tin/cassiterite, ilmenite, zircon and rare

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