Teresa had an early introduction to mining through her father’s career as a geophysicist. As a toddler, she was carted through interior British Columbia to various mineral exploration sites, including what eventually became Hedley’s Mascot Gold Mine. Her father changed careers long ago, but Teresa retained an interest in geology, and is keen to learn more about the different factors affecting resource commodity markets.
An avid writer and voracious reader, Teresa recently graduated from the University of British Columbia where she majored in English Literature. Since then she has pursued writing in many forms, including novel writing, freelance ghost writing, and blogging for The Breakfast Courier, a startup company in Vancouver. When she is not writing, Teresa can be found on the ski hill or volunteering in local schools.
At Cambridge House International’s 2015 Vancouver Resource Investment Conference, Resource Investing News spoke with Greg Beischer, CEO of Millrock Resources and a member of the Alaska Minerals Commission.
Lately there have been several new discoveries of rare earths mineralization, and at least one company has expanded mineralization at its project through additional drilling. The news is encouraging in that while rare earths are not actually very rare in terms of distribution in the Earth’s crust, it’s difficult to find deposits that are economically mineable.
Serabi Gold (TSX:SBI,LSE:SRB) reported that underground development intersected the main vein at its Sao Chico project, and sample results returned an average true width of 3.6 meters at 42 grams per tonne of gold.
Matamec Explorations (TSXV:MAT,OTCQX:MHREF) announced that it will create a joint venture with Ressources Quebec (RQ). Under the terms of the agreement, RQ will acquire a 28 percent interest in the Kipawa heavy rare earths deposit for a payment of roughly $3 million to the joint venture.
Colt Resources (TSXV:GTP) announced the first drill results from its Miguel Vacas copper project in Portugal. The company drilled two inclined holes to test mineralization in the vicinity of a previously mined pit in the area.
Reuters reported that Chile is considering public-private partnerships for the development of lithium projects, although the state would keep control of the mineral. Chile is the second largest producer of lithium globally.
Ucore Rare Metals (TSXV:UCU,OTCQX:UURAF) reported that assay results from its 2014 drill program at the Bokan-Dotson Ridge heavy rare earth element project have indicated mineralization at a greater depth than the existing resource at the project.