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    Lynas Increases Mineral Resource Estimate at Mount Weld

    Written by Investing News Network
    |
    Jan. 18, 2012 01:16PM PST

    Mining Weekly reported that Lynas Corp. (ASX:LYC) has revised and increased its mineral resource estimate for the Mount Weld project by more than a third.

    Mining Weekly reported that Lynas Corp. (ASX:LYC) has revised and increased its mineral resource estimate for the Mount Weld project by more than a third.

    As quoted in the market news:

    The project is now estimated to host a mineral resource of some 23.9-million tons, grading 7% rare-earth oxide, for a total of 1.9-million tons of rare-earth oxide.

    Click here to read the full Mining Weekly report.

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