Sheep Creek Property

The Sheep Creek Project represents a highly-unique rare earth property that can be mined with minimal damage to the environment. The Company’s ores are low in radioactive elements, particularly Thorium, which is commonly associated with most rare earth deposits worldwide.. The low radioactivity means that permitting, mining, extraction and processing will be simpler, and most importantly, environmentally safer.

 

The USCM deposits contain at least thirteen of the “critical risk” minerals defined by the current administration (Cerium, Dysprosium, Europium, Gadolinium, Gallium, Lanthanum, Neodymium, Niobium, Praseodymium, Scandium, Strontium, Terbium, and Yttrium). Gallium, also present at Sheep Creek, is commonly used in production of computers and defense systems, and currently represents the highest supply risk of any US critical element.

 

USCM’s goal is to continue to develop the property, which the company believes are rich in rare earth minerals and other critical materials. USCM is looking for strategic partners who have the capital and expertise to mine the properties and extract the critical materials within the properties. This includes the US Government, existing mining companies, and US corporations that are in need of a supply of rare earths and other critical materials such as Gallium, Strontium, and Niobium.

 

The individuals who comprise USCM’s Management have many years of experience researching and exploring for critical minerals, and have extensive experience domestically with rare earths in Montana and Idaho. They have been quoted in national and international press, and have generated US Geological Survey ( USGS)  and private sector rare earth  publications that are still being widely referenced and circulated today.  As a team, the USCM Management roster represents a fortuitous confluence of experienced professionals with extensive knowledge as it relates to rare earth and critical mineral occurrences within the U.S. in general, but particularly within the overall district and the Sheep Creek carbonates particularly. This serendipitously collective history among USCM principals and geologists demonstrates a shared conviction in the merits of further developing the rare earths deposit at Sheep Creek.

 

Along these lines, USCM has been working closely with Professor Chris Gammons and his geologic team at Montana Technological University (Montana Tech) in Butte. Coincidentally, Dr. Gammons has also been studying the Sheep Creek area for years. The group from Montana Tech will be assisting the USCM geological team in assembling and organizing recently collected mineral samples and geological data, and in mapping the properties by surface and aerial reconnaissance.

 

In addition to mapping and database assembly, the Company intends to conduct magnetic analysis and drilling, to confirm chemical data that has been generated independently, from 4 different analyses, including that of the Boeing Corporation

”There are significant indications of the presence of rare earths. The absorption features of rare earths are clearly visible in a number of samples and largely corroborate the chemical data for these areas.”
BOEING CORPORATION HYPERSPECTRAL ANALYSIS REPORT

USCM is beginning radiometric and aeromagnetic surveying, which will be helpful in selecting drill targets for Spring 2022 drilling. Based on chemical assays, hyperspectral analysis, and historical information, USCM principals and geologists firmly believe that the properties have strong indications of substantial resources of rare earth elements. The low levels of radioactive thorium in the deposits will allow for streamlined environmental permitting and a more economical mining process.

The average TREE (Total Rare Earth Elements) at Sheep Creek is 8.7%*. 
Ancylite-(Ce) samples from Sheep Creek have an average grade of 19.51% rare-earth oxide* *Act Labs

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