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.