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Rare Earth Minerals Reports New Discovery on Greenland Licenses

Teresa Matich
Oct. 14, 2014 09:53AM PST
Rare Earth Investing

Rare Earth Minerals Plc (AIM:REM) has identified a new Rare Earth Element (REE) discovery on its exploration licenses in Greenland.

Rare Earth Minerals Plc (AIM:REM) has identified a new Rare Earth Element (REE) discovery on its exploration licenses in Greenland.

According to the press release:

· 16 samples were re-submitted for full suite of REE analyses with results exceeding the Company’s expectations.
· 5 of 16 samples exceeded 7,000 ppm Total Rare Earth Oxides (“TREO”) with a further two exceeding 2,000 ppm TREO, with the highest value being 18,179 ppm (1.82%).
· These results included three significant neodymium oxide (Nd2O3) assays which contained 2,928 ppm of Nd2O3.
· Samples were taken from the target area which previously reported mineralised samples of zinc, manganese, silver and gold.

Click here to read the Rare Earth Minerals Plc (AIM:REM) press release

aim:rem rare earth minerals
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