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Rare Earth Metals Announces Lavergne-Springer Resource Estimate

Investing News Network
May. 10, 2012 06:38PM PST
Rare Earth Investing

Rare Earth Metals Inc. (TSXV:RA,OTCQX:RAREF,OTC Pink:RAREF) announced a resource estimate of 4.167 million tonnes grading at 1.14% at the Ontario-based Lavergne-Springer property.

Rare Earth Metals Inc. (TSXV:RA,OTCQX:RAREF,OTC Pink:RAREF) announced a resource estimate of 4.167 million tonnes grading at 1.14% at the Ontario-based Lavergne-Springer property.

As quoted in the press release:

Mineral resources were modeled by Tetra Tech and reported at a number of different Total Rare Earth Oxide (TREO) cut-off grades, with a base-case resource estimated using a TREO cut-off of 0.9%. At this cut-off, Lavergne – Springer hosts an Indicated Mineral Resource of 4.2 million tonnes grading 1.14% TREO and an Inferred Mineral Resource of 12.7 million tonnes grading 1.17% TREO.

Click here for the Rare Earth Metals Inc. (TSXV:RA) press release.

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