Quebec green-lights Mt Monger drilling to unlock Pomme REE potential

Mt Monger has pressed go on maiden drilling at its Pomme rare earth elements and niobium project after securing the required permit from the Quebec Ministry of Natural Resources and Forests.

The diamond drilling program, which is expected to begin in May, will provide a first pass evaluation of the carbonatite complex,and define the overall geology of the carbonatite intrusion as well as assess the grade and continuity of the REE- niobium mineralisation.

Mt Monger Resources (ASX:MTM) is keen to get to grips with Pomme as it is a known carbonatite intrusion with limited historical drilling highlighting REE and niobium enrichment.

This is further supported by its proximity to Geomega Resources’ world-class Montviel REE-niobium deposit which has a current Indicated and Inferred Resource of 266Mt at 1.45% total rare earth oxides (TREO) and 0.14% niobium, which also shares similar geology and mineralisation.

Other exploration

The company is waiting on results of a high-resolution drone magnetic survey over the extent of the interpreted Pomme carbonatite.

This 220 line km survey will provide detailed data to assist with modelling of the mineralisation response and may potentially assist an exploration vector as magnetics can be progressively correlated with the underlying geology.

Carbonatites are major sources of both REE and niobium globally and are characterised by significant enrichment in light REE including valuable neodymium and praseodymium, which are used to produce permanent magnets that are found in electric vehicle motors and wind turbines.

This article was developed in collaboration with Mt Monger Resources, a Stockhead advertiser at the time of publishing.

This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.