Verde to Start Exploring Merapoh Rare Earth Mine

Verde Resources, Inc. (OTCBB:VRDR) said today it is ready to commence exploration at its rare earth elements Merapoh Mine and has engaged SRK Consulting to guide the exploration and feasibility evaluation.

As quoted in the press release:

Recent samples taken from the Merapoh Mine in Pahang, Malaysia and assayed at SGS Tianjin Mineral Laboratory have indicated the existence of 15 rare earth oxides. Among them are eight of the more valuable heavy rare earth elements–terbium oxide (Tb4O7), dysprosium oxide (Dy2O3), holmium oxide (Ho2O3), erbium oxide (Er2O3), thulium oxide (Tm2O3), ytterbium oxide (Yb2O3), lutetium oxide (Lu2O3) and yttrium oxide (Y2O3).

Read the full press release by Verde Resources, Inc. (OTCBB:VRDR)