Megado Minerals (ASX:MEG)
www.megadominerals.comWe are an ASX listed mining exploration company focused on critical minerals in the U.S.A. Critical minerals are defined by the U.S. government as those essential to national security and/or economic development. In 2022, 50 minerals were identified as critical. The North Fork Rare Earth Project (North Fork) is focused on a group of critical minerals known as Rare Earth Elements (REE). REE are a group of 15 elements referred to as the lanthanide series in the periodic table of elements. Scandium (Sc) and Yttrium (Y) are also identified as REE because they exhibit similar properties to lanthanides and are found in similar ore bodies. REE are referred to as either ‘Light’ or ‘Heavy’ depending upon their atomic weights. The North Fork Project is located 40 km north-west of Salmon in the Salmon‐Challis National Forest, Lemhi County, Idaho. The North Project includes 499 unpatented mining lode claims covering approximately 10,309 acres (42 km2). The claims include historically known areas of anomalous rare earth mineralization in the North Fork ‘mineralized trend’. This mineralized trend is a north‐south oriented belt approximately 2.9 km wide and 30 km long running from the Indianola Ranger station on the Salmon River northwest into Montana.
Read moreWe are an ASX listed mining exploration company focused on critical minerals in the U.S.A. Critical minerals are defined by the U.S. government as those essential to national security and/or economic development. In 2022, 50 minerals were identified as critical. The North Fork Rare Earth Project (North Fork) is focused on a group of critical minerals known as Rare Earth Elements (REE). REE are a group of 15 elements referred to as the lanthanide series in the periodic table of elements. Scandium (Sc) and Yttrium (Y) are also identified as REE because they exhibit similar properties to lanthanides and are found in similar ore bodies. REE are referred to as either ‘Light’ or ‘Heavy’ depending upon their atomic weights. The North Fork Project is located 40 km north-west of Salmon in the Salmon‐Challis National Forest, Lemhi County, Idaho. The North Project includes 499 unpatented mining lode claims covering approximately 10,309 acres (42 km2). The claims include historically known areas of anomalous rare earth mineralization in the North Fork ‘mineralized trend’. This mineralized trend is a north‐south oriented belt approximately 2.9 km wide and 30 km long running from the Indianola Ranger station on the Salmon River northwest into Montana.
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