Tasman Metals Announces First Resource Estimate for Olserum REE Project

Tasman Metals Ltd. (TSXV:TSM) provided the first resource estimate for their Olserum heavy rare earth element project in Sweden.

As quoted in the press release:

Highlights

• At a 0.4% TREO cut off,  Indicated Resource of 4.5 M tonnes @ 0.60% TREO and an Inferred Resource of 3.3 M tonnes @ 0.63% TREO;
• Higher value heavy REE’s comprise 34% of the total REE content at Olserum;
• The 5 critical REE’s (dysprosium, terbium, europium, neodymium, yttrium) comprise 38% – 40% of the REE content;
• Simple xenotime and monazite mineralogy, both with established processing flow sheets;
• Tasman now holds two NI43-101 compliant REE resources

Tasmnan’s President and CEO, Mark Saxon, said:

With the completion of this resource statement at Olserum, Tasman is now 100% owner of two heavy REE enriched NI 43-101 compliant resource projects in Sweden, both highly-significant on a global scale.

To view the whole press release, click here.