Operations

Samon Project (uranium, rare earth elements, and iron ore)

The Samon licence covers an area of 28 square kilometers, and is located around 20 kilometres north-west of the Jokkmokk municipality. The licence is prospective for two separate targets.

At the south of the licence is an area with radioactive boulders and outcrops of fractured acid metavolcanic rock containing up to 3.5% thorium and 0.05% uranium, which was discovered by prospectors in the 1970's and subsequently confirmed by Swedish Geological Survey geologists. Further exploration was recommended, but was never undertaken.

All Star Minerals has identified the location of the boulders, and undertaken scintillometer traverses over the area, which have confirmed the presence of radioactive outcrops and boulders over an area of about 1,500 x 500 metres. In addition to thorium and uranium mineralization, the boulders have returned phosphates of rare earths, including cerium and yttrium.

The target at the south of Samon is a carbonatite, which are very rare and unique rock types, which host most of the largest rare earth element deposits in the world such as the Bayan-Obo mine in China, the largest rare earth mine in the world, and the Mountain Pass mine in California, America.

The second target at Samon is at the north of the licence, where a strong magnetic anomaly across a continuous area of 750,000 square metres has been identified. The anomaly has the potential to be an iron ore (magnetite) deposit.