Pele Mountain Resources, a leader in Canadian rare earth development, is focused on the sustainable development of its 100-percent owned Eco Ridge Mine Rare Earths and Uranium Project. Eco Ridge is located in Elliot Lake, the only Canadian mining camp to have ever achieved commercial rare earth production.

With well-understood geology, mineralogy, and metallurgy, excellent regional infrastructure, and strong local support, Eco Ridge is an ideal location for a safe, secure, and reliable long-term supply of critical rare earth and uranium.
Updated PEA for Eco Ridge Mine
Rare Earths and Uranium Project
  • $2.16-Billion Pre-Tax Cash Flow
  • $1.02-Billion NPV (10% Discount Rate)
  • 50% IRR
  • 67% of Project Revenue from REO
  • Majority of REO Revenue from Heavy REO
  • Significant Diversification from Uranium


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LATEST NEWS

May 15th, 2012
Pele Mountain Closes Highland Project Sale Agreement; Will Focus on Eco Ridge Mine Rare Earths and Uranium Project

April 17th, 2012
Pele Mountain Enters Agreement to Sell Highland Gold Projects; Will Focus on Eco Ridge Mine Rare Earths and Uranium Project

April 16th, 2012
Pele Mountain Announces Updated Preliminary Economic Assessment for Eco Ridge Mine Rare Earths and Uranium Project with $2.16-Billion Pre-Tax Cash Flow, $1.02-Billion NPV (10% Discount Rate), 50% IRR

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