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Rare Earth Metals Inc. (TSXV:RA,OTCQX:RAREF,PTC Pink:RAREF) announced the resource estimate for its Labrador-based Two Tom deposit.
Rare Earth Metals Inc. (TSXV:RA,OTCQX:RAREF,PTC Pink:RAREF) announced the resource estimate for its Labrador-based Two Tom deposit.
As quoted in the press release:
Mineral resources were modeled by Tetra Tech and reported at eight different Total Rare Earth Oxide (TREO) cut-off grades, with a base-case resource estimated using a TREO cut-off of 0.60%. At this cut-off, Two Tom hosts an Inferred Mineral Resource of 40.6 million tonnes grading 1.18% TREO, .26% Nb205 and 0.18% BeO, with 6.0% of the TREO being the HREO.
Click here for the Rare Earth Metals Inc. (TSXV:RA) press release.
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