Rare Earth Industries Acquires Past-Producing Tantalum-Beryllium Mine

Seymour Ventures’ (TSXV:SEY) 100% owned subsidiary Rare Earth Industries secures a past-producing tantalum exploration property in Fremont County, Colorado.

The press release is quoted as saying:

The Phantom Pegmatite contains known tantalum, niobium, and beryllium mineralization, as reported in the US Geological Survey Professional Paper #227. A small artisanal mining operation in 1962 shipped tantalite-enriched beryl concentrate to the government-owned smelting facility in Custer, South Dakota, as reported in the February 1994 edition of the Mining Journal. The Bureau of Mines Information Circular 8298 described the occurrence as being 2,500 feet long and 65 to 200 feet wide. Depth extensions of the mineralization are not known.

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