Home » Summit to Acquire Transformational Brazilian Niobium, Rare Earth & Lithium Portfolio

Summit to Acquire Transformational Brazilian Niobium, Rare Earth & Lithium Portfolio

Summit to Acquire Transformational Brazilian Niobium, Rare Earth & Lithium Portfolio

HIGHLIGHTS

NIOBIUM AND REE PACKAGE HIGHLIGHTS

JUAZEIRINHO ASSAYS (Niobium & REE)

EQUADOR ASSAYS (Niobium + REE)

LITHIUM PACKAGE HIGHLIGHTS

Summit Managing Director, Gower He, commented:

“We are extremely pleased to acquire these highly prospective projects. We anticipate acquiring these niobium, REE and lithium projects will enhance our company’s status as a critical mineral explorer and developer.

Over the last few months, we have assessed many options for project acquisition and have chosen these highly prospective and large-scale projects within the established mining-friendly jurisdiction of Brazil. Additionally, Brazil, being a relatively geopolitically neutral jurisdiction, should provide us with unrestricted access to global off-take and funding options, giving our projects the best chance of success within the macro environment.

In addition to some of the strong historical grades, we received great observational reports from our recently completed on-site DD, from which we await rock chip and soil assay results. Expansive exploration programs are already being planned as we look to rapidly develop our projects, giving ourselves the highest chance of success.

I would like to personally thank all our loyal shareholders for their ongoing support. We look forward to regularly informing the market of our progress.”

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