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    Search Minerals Inc. Discovers Heavy Rare Earth Element Mineralization in the Port Hope Simpson REE District, Labrador

    Investing News Network
    Jul. 28, 2010 12:37PM PST
    Rare Earth Investing

    Search Minerals Inc. (TSX VENTURE:SMY) and its wholly owned subsidiary, Alterra Resources Inc., have discovered heavy rare earth element-enriched (HREE) mineralization on the Island Prospect in the Port Hope Simpson (PHS) REE district in SE Labrador.

    Search Minerals Inc. (TSX VENTURE:SMY) and its wholly owned subsidiary, Alterra Resources Inc., have discovered heavy rare earth element-enriched (HREE) mineralization on the Island Prospect in the Port Hope Simpson (PHS) REE district in SE Labrador.

    The press release is quoted as saying:

    The Island Prospect has rare metal-enriched mineralization including HREE (e.g., Dy up to 3,780 and Er up to 2,330 ppm), Zr (up to 32,790 ppm), Y (up to 19,480 ppm) and Nb (up to 20,300 ppm); and The Fox Harbour zone, contains rare metal-enriched peralkaline volcanic units, with sampling returning high Zr (up to 19,330), high Y (up to 1,490 ppm) and high LREE (e.g., Ce up to 6,800 ppm).

    Click here to access the entire press release

    Click here to access Search Minerals Inc. Corporate Site

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