Norra Kärr Project Flaws

The Norra Kärr PEA Technical Report contains significant disclosure deficiencies.
The Preliminary Economic Assessment of the Norra Kärr Rare Earth Elements Deposit and Potential Byproducts, Sweden, contains misleading information regarding the estimate of mineral resources from Ilimaussaq and Lovozero’s properties.

As defined in Part 3 section 3.3

Companion Policy 43-101CP

As defined in Part 3, section 3.3 of the companion policy 43-101CP, the Qualified Person (QP) did not:

  • Disclose if they have been able to verify the estimate.
  • Caution investors that there is no assurance similar results will be achieved on the property that is the subject of the technical report.

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