Quantum Samples 3.32% TREO and Confirms Zones of Parallel Mineralization at Archie Lake

Quantum Rare Earth Developments Corp. (TSXV:QRE,OTCQX:QREDF,FRANKFURT:BR3) announces results for the 2010 exploration of the Archie Lake Rare Earth Project, located in northern Saskatchewan.

The press release is quoted as saying:

Highlights from the 2010 exploration include:

confirmation of the geophysical signature associated with the rare earth element (REE) bearing horizon, and identification of new target locations;

samples from northerly extensions of the mineralized horizon return peak results of 3.32% total rare earth oxide (TREO); and

Identification of new locations of anomalous REE mineralization associated with parallel trends, with peak values of 0.73% TREO from surface outcrops.

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