PROJECT
Equador Niobium Project
Rio Grande do Norte State, Brazil
OVERVIEW
Summit Minerals’ Equador Niobium Project is located in the Borborema Pegmatitic Province, on the boarder of Rio Grande do Norte State and Paraiba in Northeastern Brazil, an area that is renowned for tantalum, REE’s and beryllium. The Equador Project is located close to existing infrastructure, with direct access to energy and water, and has a road running directly to the project from a major local highway (20km away). Brazil is the world’s leading niobium producer accounting for 91% of Global active Niobium reserves and 88% of Global niobium production
PROJECT HIGHLIGHTS
Total project area covers approximately 534 hectares.
Proximity to established infrastructure, including water, power, roads and ports, facilitating efficient transportation and logistics
Summit has commenced a systematic exploration program at the Equador Niobium project to defining initial priority drill targets
Exceptional initial grades in Niobium (Nb2O5) and partial rare earth oxide (PREO) were produced in panned concentrates from pegmatite and sediment samples, including:
- 303,400ppm or 30.34% (Nb2O5) + 15,130ppm PREO or 1.513% PREO. (SID 100/24)
Exploration will be on focused geological mapping, outcrop & sub crop channel sampling, trenching, and pitting
Experienced Brazilian geological team dispatched to commence systematic exploration.
Field exploration program is ongoing with widespread mapping of new pegmatite occurrences, rock chip samples continuously being collected, previously unmapped artisanal mines are also being located and utilized for further exploration
A pegmatite outcrop at the Eqaudor Project.
