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    Greenland Minerals Reports Initial Resource Estimate

    Written by Investing News Network
    |
    Mar. 21, 2012 08:38AM PST

    Greenland Minerals and Energy Limited(ASX:GGG) announced an initial 242 million tonne resource estimate. The resource estimate is for the Company’s multi-element Zone 2 deposit.

    Greenland Minerals and Energy Limited(OTCQX:GDLNF, ASX:GG) announced an initial 242 million tonne resource estimate. The resource estimate is for the Company’s multi-element Zone 2 deposit.

    Highlights include:

    • Zone 2 inferred mineral resource of 242 Million tonnes (Mt)* @ 304 ppm U3O8, 1.1 % total rare earth oxide (TREO)**, 0.26% zinc
    • Zone 2 contained metal inventory of 162 Mlbs U3O8, 2.67 Mt TREO *
    • Global metal inventory* now 512 Mlbs U3O8 (increase of 46%) and 9.2 Mt TREO (increase of 39%); 1.98 Mt zinc

    Click here to read the Greenland Minerals and Energy Limited (ASX:GGG) press release


    Click here to see the Greenland Minerals and Energy Limited (ASX:GGG) profile

    asx:ggggreenland minerals and energyotcqx:gdlnf
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