Tasman Applies For Mining Lease Over Nora Karr REE Project

Tasman Metals Ltd (TSXV:TSM) announced the submission of the application for a mining lease over the heavy rare earth element and zirconium Norra Karr project in Sweden. The application is expected to be processed in the next 6 months, a particularly notable accomplishment considering Norra Karr was unknown as a REE mining project when Tasman its first drilling program in 2009.

As quoted in the press release:

Norra Karr is one of the largest and most economically robust projects amongst its peers, due to the high contribution of the high value critical REE’s (dysprosium (Dy), yttrium (Y), neodymium (Nd), terbium (Tb)). Substantial capital and operating cost benefits are provided by the existing infrastructure and the simple mineralogy that allows ambient temperature and pressure processing.  Norra Karr’s proximity and easy road access to European markets stands as a unique operating advantage for the project.

President and CEO of Tasman, Mark Saxon, commented:

Submitting this Mine Lease application is a major step forward in the development of our flagship Norra Karr project. The location of this project in Sweden, with a simple and well tested Mining Act, easy all year round operating conditions and excellent existing infrastructure has allowed progress to be made at a fast pace. I congratulate and thank Tasman’s staff and the consultants at Golder Associates for their assistance in achieving this milestone so early in the life of the Company.

Click here to read the full press release.