Quantum Rare Earth Developments Corp. (TSXV: QRE) – Initiating Coverage; Large Scale Niobium Potential in Nebraska

Fundamental Research Corp. | July 19, 2010 | 7:32 am

Investment Highlights

  • Quantum Rare Earth Developments Corp. is a Vancouver, British Columbia based junior exploration company trading on the TSXV under the symbol QRE. • The company’s primary focus is  exploration and development of niobium and rare earth properties in North America and Australia.
  • The company’s focus, Elk Creek, hosts a historic resource of 39.4 million tons of 0.82% Nb2O5 and the US geological survey believes the property may host one of the world’s largest resources of niobium and rare earth elements.
  • Over 100 diamond drill core holes have been put into the Elk Creek Carbonatite complex. All core has been stored at the University of Nebraska and is accessible to company geologists.

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