Springer Rare Earth Project

Springer Project is North America’s 7th largest Rare Earth Deposit located near Sudbury Ontario, Canada

2026 Mineral Resource Estimate ranks Springer in the top 10 largest Rare Earth Deposits with a significant upside potential for Gallium, a critical metal for semiconductor and defense applications. Springer has a potential to be in the top 5 largest Rare Earth Deposits in North America.

Resource Estimate (MRE)

176Mt REE Mineralization

119.5Mt @ 0.58% TREO Inf.
56.6Mt @ 0.70% TREO Ind.

Expansion Potential

200 – 300Mt Short Term Potential

Magnet Rare Earths

21% High Payable (Dy, Pr, Nd, Tb) in basket, with Ga add-on

Ranking (Tonnage)

7th Largest in North America

Resource Details & Grade Profile

Mineralization Continuity: Mineralization is continuous along a c. 800m strike length and the deposit remains open in all directions for significant expansion.

  • High-Grade TREO: 1.09% TREO over 351.1m, 0.95% TREO over 238.9m

  • High-Value Rare Earths: 90% of REEs are Neodymium, Praseodymium, Dysprosium and Terbium – high payable magnet metals.

  • 157.8 g/t Dy oxide and 26.2 g/t Tb oxide over 27.1m from 124.4 to 151.1m

  • High-Grade Gallium: 81 g/t Ga oxide over 131.9m of continuous drilling.

  • Mineral system suggests a ~10Mt Gallium exploration target

  • Mineralization at surface, remains open in all directions

The Gallium Opportunity

Gallium is an essential component for semiconductors, AI efficiency, and modern defense systems (radar, telecommunications).

While previous models focused solely on Rare Earths, recent analysis has identified Springer as a significant Gallium asset.

Unmodelled Potential: Thick zones of Gallium were intersected in historical drilling but never modelled.

Superior Grade: Intercepts include 87.5m returning 102.3 g/t Ga₂O₃. For comparison, this is higher than the average grade (47.7ppm) of the Cordero deposit, North America’s largest unmined Gallium deposit.

Exploration Target: Mineral system analysis suggests a potential >10 Mt Gallium resource exists on the property.

Close-up of a microchip labeled 'Ga' for Gallium on a circuit board, with green lighting.
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Access

Paved road to the property. 1 hour from Sudbury via Trans Canada Highway. 30 minutes from North Bay. Power lines run through the property.

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Power

Crystal Falls Power Generating Dam is 7 km from the resource.

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Logistics

Sturgeon Falls Dam and Railway station are 8.5 km from the project site.

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Community

MOU signed with Nipissing First Nation. Fostering constructive relationships with local First Nations communities.

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Government Support

Ontario announced $500M Critical Mineral Processing Fund. Federal Government $2B Critical Mineral Investment Fund.

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Roughrock REE Project

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Interactive Map

Explore every Volta project across Canada using the interactive map.

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