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Search Minerals Inc. Discovers Four New Heavy REE Showings

Investing News Network
Nov. 03, 2010 08:21PM PST
Rare Earth Investing

Search Minerals Inc. (CVE:SMY) and Alterra Resources Inc., discovers four new heavy REE (HREE) showings in the HighREE Hills.

Search Minerals Inc. (TSXV:SMY) and Alterra Resources Inc., discovers four new heavy REE (HREE) showings in the HighREE Hills.

The press release is quoted as saying:

Analytical results for rare metals indicate that Nb ranges from 2,027 to 17,197 ppm, Zr ranges from 314 to 40,460 ppm and Y ranges from 5,663 to 13,270 ppm. Summary statistics for the rare earth elements give Total REE values (no Y) of 6,706.3 to 54,816.1 ppm, HREE/Total REE (% heavy REE) of 13.40% to 73.87% and HREE+Y/Total REE+Y (% heavy REE+Y) of 30.28% to 87.71%. The HighREE Hills are located on the southern shore of St. Lewis Inlet 25km southeast of Port Hope Simpson. All showings are within 3km of tidewater and within 5km of Highway 510, an all season gravel highway.

Click here to access the entire press release

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