Company and Claim Development
The company acquired 8 new lithium-tantalum claims in James Bay, Quebec, Canada. The block of 8 new claims share a 12 km boundary which is on three sides with the Rose Lithium Tantalum Property of Critical Elements Corp. The new Lac Fire property was staked to strategically cover ground that may be on strike and have similar geology to the Rose Lithium Tantalum Resource.
In the fall of 2015 SourcingLink.net the most recent exploration program at the Ashram Property and vicinity has resulted in the discovery of a new carbonatite occurrence with anomalous rare earth metal values. The new occurrence is bordering on the claims of Commerce Resources who have completed a positive Preliminary Economic Assessment on the Eldor Rare Earth Project. The project is located about 130 kilometers south of Kuujjuaq, Quebec.
The industry appears to be poised for significant growth in the near future. Read below for some of the applications that utilizes rare earth elements and metals (REE’s) and the company management team.
Please read recent research report: Cohen Grassroots Research, Inc. Report
Also, to view a great illustration of the importance of REE’s click on the link below to see a CBS News 60 minutes report about rare earth elements. Be sure and watch all 3 segments of the video report, certainly the second segment entitled Modern Devices under China’s grip, and the third video segment entitled U.S. Weaponry dependent on China, and you will likely be very impressed with how important REE’s are now, and will be going forward. (Be patient as it takes a minute or so to load).
Rare Earth Metals
Rare Earth Elements (“REEs”) or Rare Earth Metals (“REMs) are a group of seventeen chemically similar metals that includes the elements scandium and yttrium and the lanthanide elements. The five critical rare earth elements, neodymium (most important because neodymium is used in permanent magnets), europium, terbium, dysprosium and yttrium.
Rare earths are an indispensable input to high-technology applications, including electric and hybrid vehicles, battery technology, wind turbines, cell phones, tablets, high definition televisions as well as other consumer electronics.
Refer to the Department of Defense and the Frank-Dodd Act of 2010
Hybrid Technology and Rare Earth Metals
Dysprosium for the Clean Technology Sector
Europium & Terbium For CFL’s & LED Screens
Yttrium for Satellite and Defense Missiles
Management & Leadership Team
Mr. Wagner has spent the last few years establishing relationships in the basic materials industry, along with the mining and oil and gas industries. Mr. Wagner is an instrumental member and we are excited to have him as a part of the team at SourcingLink.net.
He graduated from the University of Colorado and currently resides in San Francisco, CA.
Chuck offers securities through Concorde Investment Services, LLC (CIS), member FINRA/SIPC. Sourcinglink.net is independent of CIS.
Check the background of this investment professional on FINRA BrokerCheck
Mani Pirouzbakht GG,
was appointed as the Chief Operating Officer of SourcingLink.net and a member of the Board of Directors. Mr. Pirouzbakht’s previous experience includes performing feasibility studies for mineral deposits, conducted research on exploring specific avenues leading to introduction of new fields in active mines. Mr. Pirouzbakht assisted in interpreting geochemical data and provided estimation map of ore deposits by geochemical and geostatistical approaches, proved geological maps by GIS, prepared technical reports for Aalikav Zagros Consulting Engineers Co. Pirouzbakht has a Master of Science degree, Mining Engineering (Exploration), Bachelor of Science , Mining Engineering (Exploration)
was appointed as a member of the Board of Directors. Her experience includes project coordinator handling 10-20 projects simultaneously with consistent positive feedback for GM Casting House, Inc, Chicago, IL. Ms. Chan holds a Bachelors Degree from AI of Chicago.