Manicouagan Minerals Announces Positive REE Results

Manicouagan Minerals Inc. (TSXV:MAM) announced Rare Earth Elements (REE) assay results from its Cloridorme property located in the Gaspé Peninsula of Quebec.

As quoted in the press release:

Between June 10 and 22,  2012,  a  geological  sampling  program was  completed  on Manicouagan’s  101 claim Eastern  Block which is contiguous to the east of Orbite  Aluminae’s Grande-Vallée property and on strike with its Marin deposit. Thirty nine (39) samples returned significant values of alumina, 17.01% to 22.68% Al2O3. Five (5)  of these  samples  (3  from  outcrops  of  red  mudstones  and  two from the green mudstones), were analyzed by ALS Canada Ltd. of Val d’Or for REE.

Manicouagan’s  CEO, Brian  Carter, said:

We are pleased to have begun the drilling program and the REE assay results and initial drilling indications support our enthusiasm for the Cloridorme property.

To view the whole press release, click here.