Quantum Commences 2010 Exploration Program at the Archie Lake Property

Quantum Rare Earth Developments Corp. (TSXV:QRE) reports its plans for the 2010 exploration program at the Archie Lake Rare Earth Property, northern Saskatchewan.

The 2009 exploration confirmed mineralization in all trench and pit locations with one chip sample returning a peak value of 29.9% TREE (total lanthanides and yttrium) (Semi-Quantitative Analysis). A total of five samples exceeded Acme’s detection limits for one to four of the lanthanides (Ce, La, Nd, and Pr). Of all 36 samples analyzed, a total of 18 samples exceed 2% TREE, six exceed 5% TREE with three exceeding 10% TREE. The sample with peak value is comprised of nearly 60% monazite representing a highly mineralized pod within the overall zone.

For complete news release, click here.

For Quatum Rare Earth’s company profile, click here.