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Rara Terra Minerals (TSXV:RTX) announced results of the comprehensive geochemical soil survey over the magnetic anomalies, completed on its Lonnie joint venture project in central British Columbia during the months of September and October 2011.
As quoted in the press release:
Highlights:
Zone 1 – Vergil – Strong Niobium (Nb) and TREE+Y anomalies occur in this approximately 800 x 400 m zone. Niobium values up to 1003 ppm and TREE+Y values of up to 2225 ppm were obtained. These anomalies appear to be open to the north, west and south.
Zone 2 – Blue Dot – The highest value (TREE+Y = 8467 ppm) collected during the geochemical survey was taken on the western edge of a regional shear structure coincident with two small, adjacent magnetic lows that were specifically targetted for sampling on this survey. The corresponding niobium value for this sample was 223 ppm. A number of anomolous molybdenum showings (as high as 63 ppm) were also found in Zone 2.
Zone 3 – Lonnie South – This anomaly (approximately 200 x 500 m) is east and southeast of the historic Lonnie 1 showing. Peak values in these soils were 940 ppm for Nb and 6626 ppm for TREE+Y.
Zone 4 – Granite Creek West – An approximate 1000 x 300 m rare earth and niobium soil anomaly has been identified here. Peak values for TREE+Y in soil include 2206 ppm and 1430 ppm, while Nb values include 1438 ppm and 868 ppm. Anomalous values are coincident with magnetic highs.
Click here to read the Rara Terra Minerals (TSXV:RTX) press release
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