Developing critical resources for the green economy
Critical Minerals: Neodymium & Praseodymium
Widely in demand
Neodymium (Nd) and Praseodymium (Pr) are used to make high strength & high performance magnets used in high-performance, low-weight and small size electric motors and generators.
key to our future interconnectivity
Smart solutions to clean energy sourcing, and efficient power transmission. 93% of all Electric Vehicle (EV) motors are permanent magnet traction motors.
Efficient & Reliable
The forecasted increase in wind power supply will almost fully substitute the decline in the coal-based power supply. High-performance materials are essential for reliable e-mobility and renewable energy generation
Rare Earth Metals Availability
More than 80% of all refined rare earths
products are currently produced in China. Countries around the world are actively seeking rare earth resources outside of China as trade disputes and political tensions rise.
Market Potential
Other use cases include computers, robotics, brake energy recapture, and medical technology. Nd is a key rare earth element (along with Praseodymium) to the high-growth, hi-tech markets that support a circular economy.
Accelerating market demand
Highly dependant markets
Supply Gap
Market Needs
Quality
High tech products need high quality materials.
Volume
High growth E-Tech markets demand high volumes.
Ex-China
Geopolitical monopolies need global supply diversification.
Transparency
Free market need value chain transparency.
ESG Standards
Sustainable supply needs high level ESG standards.
Speed to Market
Market supply deficit needs rapid project development.
Electric Vehicles
Wind energy
Computing
MEdical Equipment
Our clean energy future will be electric, renewable, and sustainable
Smart solutions to clean energy sourcing and efficient power transmission will be key to our future interconnectivity.
High performance materials are essential for reliable e-mobility and renewable energy generation.
Neodymium (Nd) and Praseodymium (Pr) are key rare earth elements to hi-tech markets that support a circular economy.
Eureka is A monazite hosted
rare earth element project in Namibia
Investor Information:
17 Additional targets on EPL 6762 have been identified and are being explored. The recent purchase of EPL 8748 that gained 100% of the Eureka Dome have added ~200% more exploration opportunities.
Attractive deposit characteristics – well constrained deposit, low depth, enriched REE grades with a high proportion of Nd & Pr.
Easy physical processability – conventional REE ore mineral of consistently low thorium content, won by simple gravitational and magnetic methods.
Project accessibility - flat topography, sparsely populated, close proximity to major highway and Walvis Bay container port, on-site water and electricity access, in a favourable mining jurisdiction.
Investor Information:
17 Additional targets on EPL 6762 have been identified and are being explored. The recent purchase of EPL 8748 that gained 100% of the Eureka Dome have added ~200% more exploration opportunities.
Attractive deposit characteristics – well constrained deposit, low depth, enriched REE grades with a high proportion of Nd & Pr.
Easy physical processability – conventional REE ore mineral of consistently low thorium content, won by simple gravitational and magnetic methods.
Project accessibility - flat topography, sparsely populated, close proximity to major highway and Walvis Bay container port, on-site water and electricity access, in a favourable mining jurisdiction.
Project Highlights
Exploration
Simple mineralogy
Simple operations
& logistics management
easy physical processability
A monazite hostedrare earth element project in Namibia
17 Additional targets on EPL 6762 have been identified and are being explored. The recent purchase of EPL 8748 that gained 100% of the Eureka Dome have added ~200% more exploration opportunities.
Attractive deposit characteristics – well constrained deposit, low depth, enriched REE grades with a high proportion of Nd & Pr.
Easy physical processability – conventional REE ore mineral of consistently low thorium content, won by simple gravitational and magnetic methods.
Project accessibility - flat topography, sparsely populated, close proximity to major highway and Walvis Bay container port, on-site water and electricity access, in a favourable mining jurisdiction.
Exploration update
E-Tech Resources Confirms Rare Earth Mineralization in Over 90% of Trenches at Eureka Property in Namibia
E-Tech announced the successful completion of its trenching and sampling program at the Eureka project in Namibia. The program revealed significant rare earth oxide mineralization across multiple locations within Exclusive Prospecting License (“EPL”) 6762.
Highlights:
- The trenching program results continue to confirm the Company’s new exploration model.
- Early results support the concept of a large-scale, stratigraphic, and structural corridor within the Eureka Dome which hosts the rare earth mineralization (see news release: February 6, 2024).
- Four out of the five new targets confirmed rare earth mineralization.
- 18 out of the 19 focussed trenches (639 meters) intercepted rare earth elements bearing monazite mineralization similar to that found in the Eureka Central discovery deposit.
Exploration update
E-Tech Resources Inc. Ramps up Exploration Activities and Engages Gecko Namibia and Flightec Namibia
Announcing the engagement of Gecko Namibia (Pty) Ltd. (“Gecko”) and Flightec Namibia (“Flightec”) to support ongoing exploration and development activities on its 100% owned Eureka project.
E-Tech has evaluated the results of the current exploration program and is now expanding its activities to include a Phase 1 Ultra-high resolution UAV-borne magnetic survey. This survey is planned to be conducted by Flightec later this year.
Development Update
E-Tech Resources enters into MOU to evaluate deployment of Novamera’s Surgical Mining Technologies at Eureka Project
Halifax, Nova Scotia-(Newsfile Corp. – September 27, 2023) – E-Tech Resources Inc. (TSXV: REE) (FSE: K2i) (“E-Tech” or the “Company“), a rare earth element exploration and development company which owns 100% of the Eureka Project in Namibia (the “Project“), is pleased to announce that it has signed a Memorandum of Understanding (“MOU“) with Novamera Inc. (“Novamera“) to evaluate the use of surgical mining and Novamera’s technologies as the extraction method for the Project. The MOU sets out a series of milestones that include a conceptual surgical mining economic desktop evaluation (commencing immediately), Guidance Tool calibration activities and a bulk sample. The parties are planning to initiate these activities over the next twelve months.
E-Tech Resources expands Mineral Landholdings at the Eureka REE Project
E-Tech has entered into a definitive agreement (the “Purchase Agreement“) to acquire an 85% interest in exclusive prospecting license 8748 (“EPL 8748“)
EPL 8748 is located in the Erongo Mining Corridor of Namibia which lies adjacent to, and surrounds the Company’s 100% owned exclusive prospecting license 6762 (“EPL 6762“).
EPL 8748 (165.2 km2) contains a significant portion of the prospective Eureka Dome, the geological feature hosting the mineralised REE bearing carbonatites of which Zones 1 to 4 (~1 km2) on EPL 6762 form part.
The Dome is ~12.5 km long (NE) and ~6 km wide (NW), ~56 km2. Approximately a third (~20.7 km2) of the Dome falls within the EPL 6762 boundary whereas the remaining proportion (~35.3 km2) falls on the adjoining license EPL 8748
Project Highlights
Shallow, high grade deposit
Simple mineralogy
Simple operations
& logistics management
easy physical processability
Upcoming Highlights
2022
Feb 2022
Second Drill Campaign Results
Zone 1,2,3 & 4
40 holes drilled,
37 intercepted
More assays to come
Q2 - Q3 2022
Magnetic survey program totaling 1060 line-km’s
Wide-spread ground radiometric survey totaling 1224 line-km’s
Widespread mapping program covering entire prospective area, approx. 11,200 points.
Q4 2022
Establishing geological characteristics of Eureka deposit that will lead to new target identification
Onwards
Drilling Campaigns & Updated
Mineral Resource Estimate (MRE)
Upcoming Highlights
2022
Q4 2022
Establishing geological characteristics of Eureka deposit that will lead to new target identification.
2023
Q1 2023
Drill Campaign 4 on 17 newly identified targets.
Expanding Mineral Landholdings at Eureka by acquiring the adjacent EPL8748 property.
Q2 2023
Soil sampling program on 17 newly identified targets.
Apply for an Environmental Clearance Certificate (ECC).
Q3 onwards
Restructure Exploration program to identify newly identified targets .
Focus on Exploration, Resource expansion, Processing and creating a Development plan.
During this period the Company will conduct non-invasive exploration activities on newly acquired EPL8748.
Upcoming Highlights
2022
Q2 - Q3 2022
Magnetic survey program totaling 1060 line-km’s
Wide-spread ground radiometric survey totaling 1224 line-km’s
Widespread mapping program covering entire prospective area, approx. 11,200 points.
2022
Q4 2022
Establishing geological characteristics of Eureka deposit that will lead to new target identification
2023
Q1 2023
Drill Campaign 4 on 17 newly identified targets
Expanding Mineral Landholdings at Eureka by acquiring the adjacent EPL8748 property.
Q1 2023
Drilling Campaigns
Apply for an Environmental Clearance Certificate (ECC). During this period the Company will conduct non-invasive exploration activities on newly acquired EPL8748.
News Releases
REE investing & benchmarking
Coverage report
Coverage report by Trevor Davis, January 2023
E-Tech Resources Inc. is pleased to announce that Numus Financial has released a Market Analysis Report on the company. This report features expert analysis and insights, giving investors valuable background information to make informed decisions about their investment opportunities.