Tasman Metals Provides Update on Sweden Heavy Rare Earths Project

Tasman Metals (TSXV:TSM,FWB:T61,NYSE MKT:TAS) has completed a drill program to collected a bulk metallurgical sample from its Norra Karr project in Sweden. The company also stated that it is nearing completion of a pre-feasibility study for the project, with results expected to be released in January.

As quoted in the press release:

The recent diamond drill program has delivered approximately 8 tonnes of large diameter core that will be used for additional metallurgical test work during 2015. The cost of this drill program was borne by the EURARE project, of which Tasman is a research partner.

An array of shallow holes each 83.7mm in diameter and up to 12m in length was drilled across an area approximately 250m x 550m. The Norra Karr REE deposit begins at surface with a width of 350m, a length of 800m lying typically beneath less than 1 metre of soil cover, making representative sample collection by such drilling both simple and cost effective.

Tasman president and CEO, Mark Saxon, said:

The collection of this large metallurgical sample places Tasman in a good position for the ongoing optimization of our process flowsheet during 2015. We certainly appreciate the funding contribution of the European Commission via the EURARE project for this work, and their on-going interest in development of a European REE supply chain.

Click here to read the Tasman Metals (TSXV:TSM,FWB:T61,NYSE,MKT:TAS) press release