Issue link: http://resourceworld.uberflip.com/i/855838
52 www.resourceworld.com A U G U S T / S E P T E M B E R 2 0 1 7 450 km northwest of Windhoek, northwest Namibia. The project has the potential to produce an average of 1,500 tonnes/year of separated rare earth oxides which would generate after tax cumulative cash flow of US $259 million with a NPV (10%) of US $148 million and an IRR of 42%. The PEA indicates that there is considerable potential to expand resources and recommended additional drilling be carried out to provide for an extended mine life in conjunction with a six-month prefeasibility study program. Eagle Plains Resources Ltd. [EPL-TSXV] holds the Ice River REE/niobium prospect in the Rocky Mountain Rare Metal Belt (RMRMB) 45 km east of Golden, eastern British Columbia where a channel sample returned 2.5 metres grading 2.4% TREO at the Buttress Peak anomaly. Critical Elements Corp. [CRE-TSX; CRECF-OTCQX; F12-FSE] reported nine rock samples collected in 2010 from the IRC Project had three of the samples returning greater than 0.20% TREO. The best sample, a zeolite altered syenite, returned 0.30% TREO and 0.52% Nb 2 O 5 . The claims are adjacent to the Eagle Plains Ice River ground. Critical Elements also has encouraging assays from the KIN and Trident properties, also along the RMRMB. Canadian International Minerals Inc. [CIN-TSXV] holds the Weechida Niobium/REE property (37.3 metres of 1.43% TREO) along the RMRMB adjacent to the Spectrum Mining (private) Weechida Project that hosts 11.3 million tonnes of 2.5% TREO. Fieldex Exploration Inc. is currently halted pending comple- tion of a reverse takeover by Indenergie Inc. The Fieldex mineral properties will be spun out into a new company that will include its 100%-owned Kipawa-Lac Sairs REE property in northwest Québec. In 2010, drill hole LS-10-19 hole returned 1.51% ZrO 2 and 62.30% HREO+Y2O 3 /TREO over 62 metres. Steenkampskraal Holdings owns the Steenkampskraal rare earths mine in the Western Cape, South Africa which expects to have total sales value of about US $43 million per year, a total cost of about US $26 million per year and a gross profit around US $17 million per year. Mkango Resources Ltd. [MKA-TSXV; AIM] plans to start operations at its Songwe Hill Mine in Malawi within three years. By 2021, the company hopes to be producing 3,000 tonnes of rare earths per year. Dr. David Trueman, director, said Cascadero Copper Corp. [CCD-TSXV] has been drilling its 100%-owned, very unique, Taron cesium property in Salta Province, Argentina. Cesium is not part of the rare earths; however, there is only one element separat- ing it from the REEs. Assays and data from the Taron program will be used in the preparation of an NI 43-101 Preliminary Economic Analysis Report. Widely-spaced drilling and trenching show a potentially large resource of cesium. Metallurgical test work conducted by SGS Lakefield Research on two bulk samples in 2006 demonstrated amenability to inexpensive processing with ~90% cesium recoveries (patented 2016). Taron is on the rail line between Antofagasta, Chile and the City of Salt, Argentina. Cascadero has several other projects in Argentina and one in British Columbia. n IBK Capital Corp. This announcement appears as a matter of record only. $13,000,000 The Undersigned Acted as Financial Advisor to Augustine Ventures Inc. in Connection with this Transaction. February 2017 Has been acquired by For complete transaction details, visit www.ibkcapital.com In an all share transaction value at