Australian Rare Earth Site Generates Investor Interest
Mar. 21, 2012 11:17AM PST
Rare Earth InvestingMineweb reported that a heavy rare earth site in Australia has considerable potential for Northern Minerals (OTC Pink:NHMI).
Mineweb reported that a heavy rare earth site in Australia has considerable potential for Northern Minerals (OTC Pink:NHMI).
As quoted in the market news:
All in all Northern Minerals reckons its finds are the most valuable known rare earths deposits in the world in terms of in situ content – the only other one seen as anywhere near as valuable by this measure being China’s Jiangxi ionic clay deposits. It is early days for the company yet and there is obviously much work still to be done to define and prove up the extent of the deposits found to date.