Quantum Rare Earth Developments Initiates Metallurgical Testing of the Elk Creek Niobium Deposit

Quantum Rare Earth Developments Corp. (TSXV:QRE) reports the beginning of metallurgical testing on samples from the Elk Creek, Nebraska Niobium and Rare Earth element project.

The press release is quoted as saying:

Recent drill results confirm the high-grade and size potential of the Niobium Mineralization at Elk Creek, as indicated by previous drilling by Molycorp. This work resulted in a NI43-101 compliant inferred resource estimate in excess of 80 million tonnes grading 0.62% Nb₂O₅ , containing approximately 490,000,000 kg’s of Nb₂O₅ (see NR April 28, 2011).

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