Gossan Resources Limited (TSX VENTURE:GSS)(FRANKFURT/FREIVERKEHR & XETRA:WKN 904435) has signed a Letter of Intent (LOI) with East Mining Company SA ("EMC") of Athens, Greece, to investigate and examine the possibilities of acquiring mineral projects within Europe, on a non-exclusive basis, and initially to assess three potential projects in Greece. Additional projects may be pursued.
Rare Earth Metals Inc. ("Rare Earth Metals", "RA" or the "Company") (TSX VENTURE:RA)(PINK SHEETS:RAREF)(OTCQX:RAREF) is pleased to report the completion of the initial drill program on the Lavergne REE Prospect.
AMERICAN VANADIUM CORP. has released and filed its National Instrument 43-101 compliant Technical Report to support the press release of September 12, 2011 entitled ‘American Vanadium Corp. Announces Positive Feasibility Study for Gibellini Vanadium Project’.
Subsitution is driving rare earth demand down, according to analyst Dudley Kingsnorth speaking at an industry conference in China. Kingsnorth is executive director of Industrial Minerals Company of Australia. Dudley told the Metal-Pages(TM) Minor Metals and Rare Earth Conference in Beijing last September that he is dropping projected demand of rare earth oxide per annum to 170,000 tonnes from a previous forecast of 195,000. For example manufacturers of rechargeable batteries may start using lithium ion materials instead of a nickel-metal hydrid, which uses the light rare earth lanthanum.
TORONTO, ONTARIO--(Marketwire - Sept. 27, 2011) - Latin American Minerals Inc. (TSX VENTURE:LAT) (the "Company") announces selected interim results from 2011 ground exploration program at the Chiriguelo Project, located in northern Paraguay near the border with Brazil. Recentrock and soil samples have detected a second Rare Earth Element (REE) target. Previous exploration at the project had delineated a significant niobium (Nb) target and the original Chiriguelo Rare Earth Element target. Carbonatites similar to Chiriguelo include the world's largest niobium deposits, the Araxá and Catalão mines in Brazil, and also large rare earth deposits such as Mountain Pass in California and Mount Weld in Australia.
Northern Graphite Corporation (TSX VENTURE:NGC)(OTCQX:NGPHF) is pleased to announce a significant increase in estimated resources on its Bissett Creek graphite project based on the results from a 51 hole, 2,927 meter drilling program.
THUNDER BAY, ONTARIO--(Marketwire - Sept. 8, 2011) - Rare Earth Metals Inc. ("Rare Earth Metals", "RA" or the "Company") (TSX VENTURE:RA)(PINK SHEETS:RAREF)(OTCQX:RAREF) is pleased to report preliminary Rare Earth Element results from three additional holes on the Two Tom Mineralized Zone at the Red Wine Property, located approximately 110 kilometers northeast of Churchill Falls in west central Labrador. The results include best intersections of 1.86% TREO over 121.5 meters within a larger zone of mineralization which assayed 1.46% TREO over 195.15 meters in drill hole DDH-TT-13, 1.82% TREO over 89 meters in drill hole DDH-TT-14, and 2.15% TREO over 120 meters within a larger zone of mineralization which assayed 1.68% TREO over 176.5 meters in drill hole DDH-TT-15b. The HREO/TREO ratios from these intersections range from 5.2% to 6.0%.
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THUNDER BAY, ONTARIO--(Marketwire - Sept. 6, 2011) - Rare Earth Metals Inc. ("Rare Earth Metals", "RA" or the "Company") (TSX VENTURE:RA)(OTCQX:RAREF)(PINK SHEETS:RAREF) is pleased to report preliminary Rare Earth Element results from drilling on the Dory Pond project area of the Red Wine property. The second hole of this drill program (DDH-B3N-03) was successful in testing an area defined by a number of Heavy Rare Earth anomalous prospect samples and resulted in an intersection of 1.55% TREO (HREO/TREO of 42.1%) over 21.0 meters within a wider intersection of 1.11% TREO (HREO/TREO of 41%) over 42.9 meters. Of particular importance are the high values in Dysprosium, Yttrium and Neodymium which compare favourably with other more advanced Heavy Rare Earth Deposits.
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 1, 2011) - Oceanic Iron Ore Corp. (TSX VENTURE:FEO)(OTCQX:FEOVF)(PINK SHEETS:FEOVF) (the "Company") is pleased to announce the fourth set of assay results from its 2011 resource verification program. The results of the new assays continue to correlate well to those reported historically. The latest results from twinned holes in Castle Mountain and Zones 2 and 4 are set out below. The Company remains on track to release a resource estimate and preliminary economic assessment in respect of the Hopes Advance project area by October of this year. VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 1, 2011) - Oceanic Iron Ore Corp. (TSX VENTURE:FEO)(OTCQX:FEOVF)(PINK SHEETS:FEOVF) (the "Company") is pleased to announce the fourth set of assay results from its 2011 resource verification...