Kameelburg Niobium Assays Reveal Up To 9.03 % Nb2O5
Niobium is an essential and rather expensive metal used in a wide range of industrial applications, and Kameelburg Resource Corp., an emerging niobium development company in Western Canada, recently announced encouraging assay results from its Kameelburg property in British Columbia.
The Niobium assays from the bulk sample collected at Kameelburg returned results ranging from 0.8% to 9.03% Nb2O5 (niobium pentoxide). These results confirm the presence of niobium ore in the area, along with other minerals such as vanadium, yttrium, and tantalum contained in the host rock. The company believes this initial sample to be a good indication of just how delivery of such ore to concentrate could be economically feasible and commercially viable.
Niobium, also called Columbium, is a chemical element that has been traditionally used as an alloying element in steel. It provides strength, corrosion resistance, and increases the strength-to-weight ratio, making it an ideal material for aerospace and defense industry applications. It is also used in many other industries ranging from automotive to electronics to medical.
This new discovery could help Kameelburg become the latest entrant in the global niobium supply chain – an industry currently dominated by countries such as China, Australia, and Brazil. With the niobium prices steadily rising over the years, Kameelburg’s timing could not be better for entry into this market.
Naturally, Kameelburg will have to meet several requirements mandated by the Canadian government before it can commence production. The company will need to secure appropriate permits, carry out feasibility studies, and comply with environmental regulations. Until these and other requirements have been met, Kameelburg will have to bide its time before it can tap into this lucrative market opportunity.
However, with the findings from the niobium assays from Kameelburg serving as a good indication of what could be achieved, it looks like the company may be headed in the right direction. Be sure to stay tuned as Kameelburg prepares to set sail in the niobium market.