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    Uranium Resources Reports Rare Earths in Tanzania

    Investing News Network
    Dec. 20, 2011 02:36PM PST
    Company News

    Uranium Resources (LSE:URA) reported on the rare earth elements potential of its Gundua prospect.

    Uranium Resources (LSE:URA) reported on the rare earth elements potential of its Gundua prospect.

    As quoted in the press release:

    Surface sampling undertaken during the programme demonstrated elevated REE values throughout the project area and one grab sample showed over 4.28% REE (over 4.22% Light REE and 0.06% Heavy REE).

    Uranium Resources’ Managing Director, Alex Gostevskikh said:

    We are pleased to confirm the prospectivity of Gundua for REEs and look forward to executing the 2012 field programme. . . Whilst Gundua provides a target of merit for further field work, we remain focussed on developing our flagship Mtonya roll-front uranium project and the Lukimwa and Foxy uranium prospects.

    Click here to read the Uranium Resources (LSE:URA) press release.

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