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    REE Results from Kirrin’s Grevet Property Include 20% TREO

    Investing News Network
    Oct. 12, 2011 06:33AM PST
    Rare Earth Investing

    Kirrin Resources Inc. (TSXV:KYM) announced analytical results from the second round of sampling at its Grevet REE property in northwestern Quebec.

    Kirrin Resources Inc. (TSXV:KYM) announced analytical results from the second round of sampling at its Grevet REE property in northwestern Quebec.

    As quoted in the press release:

    These include 20% total rare earth oxides (TREO), comprising almost 100% LREO (see Note 1), in a grab sample from a carbonatite dykelet. This is a re-sampling of a 2010 location which returned 14% TREO. An additional four samples from other showings within the Grevet property assayed >10% TREO and 14 samples ran between 1.0% and 10% TREO. These REE grades confirm the prospectivity of the Grevet REE property to host REE-bearing carbonatite deposits.

    Kirrin Resources President and CEO, Derek Moran said:

     “We are gaining a better understanding of REE prospectivity at Grevet. Sampling shows that elevated REE in carbonatite exists throughout the property. We find this particularly encouraging in the context of the recessive nature of large carbonatite occurrences. It is also important to note Grevet’s attraction in relation to infrastructure: there is a Provincial road providing direct access, a CN railroad line transecting the property, and power available 25 km southwest at Lebel-sur-Quévillon.”

    Click here to read the Kirrin Resources (TSXV:KYM) press release. 

    Click here to view the Kirrin Resources (TSXV:KYM) profile.

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