Quantum Rare Earth Developments Receives Infill Drill Results

Quantum Rare Earth Developments Corp. (TSXV:QRE) reports results for two additional holes of the first of five drill holes from the spring/summer 2011 exploration program at the Elk Creek Niobium – REE project, located in southeastern Nebraska, USA.

The press release is quoted as saying:

Highlights from the current exploration include:

• NEC11-002: 179.18 m of 0.87% Nb₂O₅and 0.43% TREO*
  • Including 131.03 m of 1.02% Nb₂O₅and 0.48% TREO*
  • Including 34.16 m of 1.23% Nb₂O₅and 0.38% TREO*

• NEC11-003: 130.37 m of 0.58% Nb₂O₅and 0.48% TREO*
  • Including 34.16 m of 0.94% Nb₂O₅and 0.42% TREO*

(Results previously released July 27, 2011)

• NEC11-001:235.22 m of 0.73% Nb₂O₅and 0.43% TREO*,
  • including 54.13 m of 1.17% Nb₂O₅ and 0.46% TREO*

Management of Quantum are very pleased with the results as they provide additional information on areas of the deposit at depth where limited information was previously available, but also confirm the strong grade and size potential of the Niobium structure indicated by previous drilling by Molycorp.

Click here to access the entire news release. 

Click here to access Quantum’s company profile.(TSXV:QRE)