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Rare Earth Metals Options Strategic Claims in the Red Wine Complex

Investing News Network
Sep. 03, 2010 05:32PM PST
Rare Earth Investing

Rare Earth Metals Inc. (CVE:RA) announced that it has added to its land holdings in the Red Wine/Letitia Lake area of west central Labrador through the completion of an option agreement with Zimtu Capital Corp., Gary Lewis, Aubrey Budgell and Neh Pinseni covering additional mining claims totaling 508 claim units.

Rare Earth Metals Inc. (TSXV:RA) announced that it has added to its land holdings in the Red Wine/Letitia Lake area of west central Labrador through the completion of an option agreement with Zimtu Capital Corp., Gary Lewis, Aubrey Budgell and Neh Pinseni covering additional mining claims totaling 508 claim units.

The press release is quoted as saying:

Rare Earth Metals is a well funded company with a focus on exploring for Rare Earth Element deposits. The company presently has two advanced projects in Ontario and Newfoundland and Labrador, all exhibiting multi element potential (REEs, Niobium, Beryllium, Zirconium and Iron Ore) and proximity to available infrastructure.

Click here to access the entire press release

Click here to access Rare Earth Metals Inc. Corporate Site

tsxv-ra zimtu-capital-corp
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