Ivanhoe’s Kipushi zinc mine in DRC officially reopens
The restart marked exactly a century since the mine first went into production.
Seymour Ventures’ (TSX VENTURE:SEY)(FRANKFURT:3CK1)(WKN:A1C08G) wholly owned subsidiary Rare Earth Industries Ltd. (REI) is pleased to announce that it has commenced the exploration work program on the Mt. Bisson and Xeno rare earth properties, located in the Omineca Mining Division, approximately 50 kilometers NW of Mackenzie in central BC. REI has the right to earn a 60% interest in the properties from Paget Minerals by spending $1,050,000 over three years to develop the property, including $350,000 in 2011.
The initial discovery of rare earth element mineralization on the Mount Bisson property was made by Halleran in 1986 with total rare earth element (TREE) contents as high as 13.5 wt.% in grab samples from the Laura occurrence. Recent exploration conducted on the property by Paget Minerals, from 2007-2010, has confirmed the historical exploration, revealing the widespread dissemination of various rare earth bearing minerals including allanite, titanite, apatite and rare-earth element-bearing epidote.
