Grants and Contributions:

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Title:

Nechalacho Rare Earth Demonstration Project

Agreement Number:

2021-CN-000709

Agreement Value:

$1,261,579.00

Agreement Date:

May 1, 2020 - Mar 31, 2022

Description:

A two-year project to demonstrate the economic feasibility of rare earth element (REE) oxide extraction technology in the Northwest Territories’ (NWT) mining sector. CRC will use a sensor-based ore sorting process that will concentrate REE oxides on-site before shipping for further processing. This mechanically-based process results in a lowered environmental impact due to the elimination of tailing ponds that accompany metal mining. CRC will leverage the project results to expand this demonstration into full scale extraction and sorting operations. The project site has already undergone an environmental assessment before the Mackenzie Valley Environmental Impact Review Board, and was granted approval for a full-scale expansion. CRC has established a partnership with Det’on Cho Management LP, the economic arm of the Yellowknives Dene First Nation, for the completion of this project.

Organization:

Canadian Northern Economic Development Agency

Expected Results:

As a result of the project, Cheetah will have developed the production capacity to concentrate REE oxides for export from the NWT for downstream processing. The project will create 22 jobs, expand 5 jobs and maintain an additional 2 jobs.

Location:

YELLOWKNIFE, Northwest Territories, CA X1A 1P8

Reference Number:

0780-2020-2021-Qrt4-0000013

Agreement Type:

Contribution

Report Type:

Grants and Contributions

Recipient Type:

For-profit organization

Recipient's Legal Name:

CHEETAH RESOURCE CORPORATION

Federal Riding Name:

Northwest Territories

Federal Riding Number:

61001

Program:

Inclusive Diversification and Economic Advancement in the North (IDEANorth)

Program Purpose:

Inclusive Diversification and Economic Advancement in the North (IDEANorth) makes foundational investments in economic infrastructure, sector development and capacity building to help position Northerners in the territories to take advantage of Canada's innovation economy. The IDEANorth program focuses on four priority areas: economic growth and sector development; business scale-up, productivity and innovation; small-scale economic infrastructure development; and foundational economic infrastructure.