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n**2
发帖数: 630 | | f**********g
发帖数: 2252 | 2 It's time to play again?
Rare Element Reports Additional REE Assays From Resource Areas and a New
Target Area
Now - EUR via Comtex
PR Newswire EuropeRare Element Resources Ltd. is pleased to announce rare
earth element (REE) assay results from an additional sixteen drill holes
completed during its 2010 core drilling program at the Company's 100% owned
Bear Lodge property, located in northeastern Wyoming, USA (Figure 1). Select
REE assay intervals are also reported from two reverse circulation (RC)
drill holes completed during the Company's 2010 Sundance gold exploration
program. Assays are pending for the final fifteen core holes. The current
results are from the Bull Hill Southwest resource area (14 core holes), the
Bull Hill NW resource area (two core holes), and a potential new target area
that may be the northwestern extension of the Whitetail Ridge target area (
2 RC holes). An updated NI 43-101-compliant resource estimate for the Bull
Hill SW and Bull Hill NW resource areas was completed in May, 2010. The
objectives of the 2010 drilling program were to expand the Bull Hill SW
oxide resource and upgrade the resource category, and to explore for
additional REE resources at the Bull Hill NW and Whitetail Ridge target
areas. Previous assay results from the Bull Hill SW resource area and the
Whitetail Ridge REE target area were reported in news releases dated 15
September and 9 November 2010, and 10 January 2011.
Highlights from the current group of assays include the following intercepts
Jim Clark, Vice President Exploration states: "The current assay set
includes some of the best results to date. The data show that the Bull Hill
SW deposit is open to the southeast, with excellent REE grades right up to
the limit of drilling. The results from drill hole RES10-33 demonstrate that
strong REE mineralization is present west of the West Bull Hill fault and
open up a significant area for further resource definition. We are excited
about the results from the two SUN reverse circulation holes. The SUN holes
were drilled in the Carbon gold target, some 1200 feet (366 m) from
Whitetail Ridge, and suggest that the Whitetail Ridge target area may be
larger than originally conceived. The current results will be incorporated
into our next NI 43-101 compliant resource estimate, planned for completion
early in the second quarter of 2011."
Drilling Results
The REE deposits in the Bear Lodge Mountains of northeastern Wyoming occur
within a large alkaline igneous complex that domes adjacent Paleozoic and
Mesozoic sedimentary rocks. The REE mineralization is hosted in dikes and
veins of carbonatitic intrusive bodies and their near-surface oxidized
equivalents (FMR). FMR refers to the major constituents of the highly
oxidized, former carbonatite dikes that occur in the depth range between the
surface and 300-500 feet (91 - 152 meters) beneath the surface- F (FeOx)-M
(MnOx)-R (REE minerals). A zone of partly oxidized carbonatite, termed
transitional carbonatite has variable thickness and occurs beneath the FMR
zone and above the deeper zone of unoxidized carbonatite.
REE assay values are reported by convention as the combined oxide
equivalents (REO) of the fifteen elements in the lanthanide series + yttrium
. The oxide equivalents are approximately 15.6% higher than the combined
metal assay values. The Bear Lodge project contains predominantly the "light
" REE (lanthanum, cerium, praseodymium, and neodymium), and economically
important quantities of several of the "heavy" REE (europium, dysprosium,
and terbium).
Bull Hill SW Resource Area
REE mineralization in the Bull Hill SW resource area is contained within
intrusive dikes, veins, and stockwork of FMR, transitional carbonatite, and
carbonatite that invade heterolithic intrusive breccia of the Bull Hill
diatreme. Stockwork refers to a rock cut by a network of small veins or
dikes that contain the mineralization. Much of the low-grade mineralization
(1-2.5% REO) within the Bull Hill area deposits occurs in stockworks. Most
of the REE mineralization in the current set of holes occurs within FMR
dikes and veins.
Nine of the holes reported here were drilled along a bearing of N45 E from a
series of sites on a resource evaluation grid established for the Bull Hill
SW deposit in conjunction with Ore Reserves Engineering, the Company's
resource estimation consultant (Figure 1). Four holes were drilled on the
grid along a bearing of S45 W, and one hole was drilled on a due east
bearing. The bearing, inclination, and significant assay intercepts from the
REE-mineralized sections for each of the drill holes are summarized in
Table 1 below.
Table 1. Summary of new REE-mineralized drill intercepts at the Bull Hill SW
Resource Area:
Drill hole RES10-29 (N45E, -55 ; t.d. 1,106 feet)
Drill Hole RES10-31 (N45E, -70 ; t.d. 796 feet)
Drill Hole RES10-33 (S45W, -60 ; t.d. 806 feet)
Drill Hole RES10-34 (N45E, -45 ; t.d. 755 feet)
Drill Hole RES10-36 (S45W, -45 ; t.d. 490 feet)
Drill Hole RES10-37 (S45W, -80 ; t.d. 431 feet)
Drill Hole RES10-38 (N45E, -60 ; t.d. 856 feet)
Drill Hole RES10-39 (S45W, -46.5 ; t.d. 490 feet)
Drill Hole RES10-40 (N45E, -70 ; t.d. 746 feet)
Drill Hole RES10-41 (N45E, -45 ; t.d. 646 feet)
Drill Hole RES10-48 (N45E, -70 ; t.d. 561 feet)
Drill Hole RES10-56 (N45E, -45 ; t.d. 419 feet)
Drill Hole RES10-58 (N45E, -70 ; t.d. 766 feet)
Drill Hole RES10-62 (N90E, -45 ; t.d. 393 feet)
The drilling results continue to demonstrate that the target FMR and
carbonatite bodies exhibit strong REE mineralization over a strike length of
more than 1400 feet (426m). Interpretive correlations of drill intercepts
suggest a structural bias toward vertical or near vertical dips and a
transitional change in strike from northwesterly to almost due north in the
northern part of the resource area. The results from drill holes RES10-56,
RES10-58, and RES10-62 indicate that significant widths of strong REE
mineralization continue to the southeast to the current limit of drilling,
and that the Bull Hill SW resource remains open in that direction.
Bull Hill NW Resource Area
REE mineralization in the Bull Hill NW resource area is contained within
intrusive dikes, veins, and stockwork of FMR, transitional carbonatite, and
carbonatite that invade trachytic and phonolitic intrusive rocks of the Bear
Lodge alkaline complex. Significant results from two exploration holes in
the Bull Hill NW resource/target areas are reported in Table 2.
Table 2. Summary of new REE-mineralized drill intercepts in the Bull Hill NW
Resource Area:
Drill Hole RES10-42 (S45W, -65 ; t.d. 777 feet)
Drill Hole RES10-43 (N90W, -45 ; t.d. 626 feet)
The results from the two Bull Hill NW drill holes show significant REE
mineralization in FMR/carbonatite dikes and stockwork. The structural
controls for the mineralized bodies remain incompletely understood in the
target area.
Potential New Target Area
Two reverse circulation drill holes completed during the Company's 2010
Sundance gold exploration program cut significant REE mineralization in FMR
vein material that intrudes trachytic and syenitic intrusive rocks. The
drill holes are located just south of the Carbon gold target and about 1,200
feet (366m) northwest of the Whitetail Ridge REE exploration target. The
REE mineralization may portend the northwestern extension of the Whitetail
Ridge system or, alternatively, a distinct FMR/carbonatite mineralized
system. REE-bearing intercepts from drill holes SUN-076 and SUN-079 are
given in Table 3. If this mineralization is a continuation of the Whitetail
Ridge dike system and the Bull Hill SW system, its total length may reach up
to 5000 feet (1500m) in length
Table 3. Summary of REE-mineralized intercepts in reverse circulation drill
holes from the 2010 Sundance gold exploration project:
Drill Hole SUN-076 (N45W, -45 ; t.d. 615 feet)
Drill Hole SUN-079 (S80W, -45 ; t.d. 775 feet)
Assaying and Quality Control
ALS Chemex conducted the assaying for the rare earth elements in their
Vancouver, British Columbia assay facility. ALS Chemex Vancouver is
accredited to ISO 9001 and operates according to ALS Group standards
consistent with ISO 17025 methods at other laboratories. The samples were
prepared and subjected to lithium metaborate fusion, followed by ICP
analysis and a mass spectroscopy finish.
Analytical quality is monitored through the use of randomly inserted quality
control samples, including standards, blanks, and duplicates, which are
blinded to the analytical laboratory. Results of the analyses at ALS Chemex
are evaluated continuously by the Company's QA/QC consultant, Dr Jeffrey
Jaacks, who is a Qualified Person according to National Instrument 43-101,
and the results indicate acceptable accuracy and precision. Blank analyses
also indicate no issues with carry-over contamination.
Option Grant
The Company has issued stock options to a director and officer and
consultants for a total of 403,000 options to purchase common shares of the
Company at an exercise price of $15.16 per share for a period of five years,
expiring on 11 January 2016, subject to the TSX Venture Exchange's approval
.
Figure 1. Drill hole locations: http://files.newswire.ca/675/Figure_1_Drill_Site_Locations.pdf
Rare Element Resources Ltd is a publicly traded mineral resource company
focused on exploration and development of rare-earth elements and gold on
the Bear Lodge property.
Rare-earth elements are key components of the green energy technologies and
other high-technology applications. Some of the major applications include
hybrid automobiles, plug-in electric automobiles, advanced wind turbines,
computer hard drives, compact fluorescent light bulbs, metal alloys,
additives in ceramics and glass, petroleum cracking catalysts, and a number
of critical military applications. China currently produces more than 95% of
the 130,000 metric tonnes of rare-earths consumed annually worldwide, and
China has been reducing its exports of rare earths each year. The rare-earth
market is growing rapidly, and is projected to accelerate if the green
technologies are implemented on a broad scale.
ON BEHALF OF THE BOARD Donald E. Ranta, PhD, PGeo, President & CEO
Donald E. Ranta, PhD, PGeo, serves the Board of Directors of the Company as
an internal, technically Qualified Person. Technical information in this
news release has been reviewed by Dr. Ranta and has been prepared in
accordance with Canadian regulatory requirements that are set out in
National Instrument 43-101. This news release was prepared by Company
management, who take full responsibility for content. Neither TSX Venture
Exchange nor its Regulation Services Provider (as that term is defined in
the policies of the TSX Venture Exchange) accepts responsibility for the
adequacy or accuracy of this release.
CONTACT: For information, refer to the Company's website atwww.
rareelementresources.com or contact:Mark T Brown, CFO, (604) 687-3520 ext
2********[email protected] E Ranta, (604) 687-3520 don@
rareelementresources.com | K**********r
发帖数: 2640 | | p********e
发帖数: 1960 | 4 老房, do you still hold your long-term position of AVL?
I am tempted | f**********g
发帖数: 2252 | 5 Followed.
【在 n**2 的大作中提到】
: rt
| f**********g
发帖数: 2252 | 6 Sold yersterday. Looks like it start again today. Bot some too.
I am not a good for long investment. Just a trader.
【在 p********e 的大作中提到】
: 老房, do you still hold your long-term position of AVL?
: I am tempted
| f**********g
发帖数: 2252 | 7 I want rest for a while. Trade again.
Cannot control my hands. sign. | f**********g
发帖数: 2252 | | n**2
发帖数: 630 | | f**********g
发帖数: 2252 | 10 It's time to play again?
Rare Element Reports Additional REE Assays From Resource Areas and a New
Target Area
Now - EUR via Comtex
PR Newswire EuropeRare Element Resources Ltd. is pleased to announce rare
earth element (REE) assay results from an additional sixteen drill holes
completed during its 2010 core drilling program at the Company's 100% owned
Bear Lodge property, located in northeastern Wyoming, USA (Figure 1). Select
REE assay intervals are also reported from two reverse circulation (RC)
drill holes completed during the Company's 2010 Sundance gold exploration
program. Assays are pending for the final fifteen core holes. The current
results are from the Bull Hill Southwest resource area (14 core holes), the
Bull Hill NW resource area (two core holes), and a potential new target area
that may be the northwestern extension of the Whitetail Ridge target area (
2 RC holes). An updated NI 43-101-compliant resource estimate for the Bull
Hill SW and Bull Hill NW resource areas was completed in May, 2010. The
objectives of the 2010 drilling program were to expand the Bull Hill SW
oxide resource and upgrade the resource category, and to explore for
additional REE resources at the Bull Hill NW and Whitetail Ridge target
areas. Previous assay results from the Bull Hill SW resource area and the
Whitetail Ridge REE target area were reported in news releases dated 15
September and 9 November 2010, and 10 January 2011.
Highlights from the current group of assays include the following intercepts
Jim Clark, Vice President Exploration states: "The current assay set
includes some of the best results to date. The data show that the Bull Hill
SW deposit is open to the southeast, with excellent REE grades right up to
the limit of drilling. The results from drill hole RES10-33 demonstrate that
strong REE mineralization is present west of the West Bull Hill fault and
open up a significant area for further resource definition. We are excited
about the results from the two SUN reverse circulation holes. The SUN holes
were drilled in the Carbon gold target, some 1200 feet (366 m) from
Whitetail Ridge, and suggest that the Whitetail Ridge target area may be
larger than originally conceived. The current results will be incorporated
into our next NI 43-101 compliant resource estimate, planned for completion
early in the second quarter of 2011."
Drilling Results
The REE deposits in the Bear Lodge Mountains of northeastern Wyoming occur
within a large alkaline igneous complex that domes adjacent Paleozoic and
Mesozoic sedimentary rocks. The REE mineralization is hosted in dikes and
veins of carbonatitic intrusive bodies and their near-surface oxidized
equivalents (FMR). FMR refers to the major constituents of the highly
oxidized, former carbonatite dikes that occur in the depth range between the
surface and 300-500 feet (91 - 152 meters) beneath the surface- F (FeOx)-M
(MnOx)-R (REE minerals). A zone of partly oxidized carbonatite, termed
transitional carbonatite has variable thickness and occurs beneath the FMR
zone and above the deeper zone of unoxidized carbonatite.
REE assay values are reported by convention as the combined oxide
equivalents (REO) of the fifteen elements in the lanthanide series + yttrium
. The oxide equivalents are approximately 15.6% higher than the combined
metal assay values. The Bear Lodge project contains predominantly the "light
" REE (lanthanum, cerium, praseodymium, and neodymium), and economically
important quantities of several of the "heavy" REE (europium, dysprosium,
and terbium).
Bull Hill SW Resource Area
REE mineralization in the Bull Hill SW resource area is contained within
intrusive dikes, veins, and stockwork of FMR, transitional carbonatite, and
carbonatite that invade heterolithic intrusive breccia of the Bull Hill
diatreme. Stockwork refers to a rock cut by a network of small veins or
dikes that contain the mineralization. Much of the low-grade mineralization
(1-2.5% REO) within the Bull Hill area deposits occurs in stockworks. Most
of the REE mineralization in the current set of holes occurs within FMR
dikes and veins.
Nine of the holes reported here were drilled along a bearing of N45 E from a
series of sites on a resource evaluation grid established for the Bull Hill
SW deposit in conjunction with Ore Reserves Engineering, the Company's
resource estimation consultant (Figure 1). Four holes were drilled on the
grid along a bearing of S45 W, and one hole was drilled on a due east
bearing. The bearing, inclination, and significant assay intercepts from the
REE-mineralized sections for each of the drill holes are summarized in
Table 1 below.
Table 1. Summary of new REE-mineralized drill intercepts at the Bull Hill SW
Resource Area:
Drill hole RES10-29 (N45E, -55 ; t.d. 1,106 feet)
Drill Hole RES10-31 (N45E, -70 ; t.d. 796 feet)
Drill Hole RES10-33 (S45W, -60 ; t.d. 806 feet)
Drill Hole RES10-34 (N45E, -45 ; t.d. 755 feet)
Drill Hole RES10-36 (S45W, -45 ; t.d. 490 feet)
Drill Hole RES10-37 (S45W, -80 ; t.d. 431 feet)
Drill Hole RES10-38 (N45E, -60 ; t.d. 856 feet)
Drill Hole RES10-39 (S45W, -46.5 ; t.d. 490 feet)
Drill Hole RES10-40 (N45E, -70 ; t.d. 746 feet)
Drill Hole RES10-41 (N45E, -45 ; t.d. 646 feet)
Drill Hole RES10-48 (N45E, -70 ; t.d. 561 feet)
Drill Hole RES10-56 (N45E, -45 ; t.d. 419 feet)
Drill Hole RES10-58 (N45E, -70 ; t.d. 766 feet)
Drill Hole RES10-62 (N90E, -45 ; t.d. 393 feet)
The drilling results continue to demonstrate that the target FMR and
carbonatite bodies exhibit strong REE mineralization over a strike length of
more than 1400 feet (426m). Interpretive correlations of drill intercepts
suggest a structural bias toward vertical or near vertical dips and a
transitional change in strike from northwesterly to almost due north in the
northern part of the resource area. The results from drill holes RES10-56,
RES10-58, and RES10-62 indicate that significant widths of strong REE
mineralization continue to the southeast to the current limit of drilling,
and that the Bull Hill SW resource remains open in that direction.
Bull Hill NW Resource Area
REE mineralization in the Bull Hill NW resource area is contained within
intrusive dikes, veins, and stockwork of FMR, transitional carbonatite, and
carbonatite that invade trachytic and phonolitic intrusive rocks of the Bear
Lodge alkaline complex. Significant results from two exploration holes in
the Bull Hill NW resource/target areas are reported in Table 2.
Table 2. Summary of new REE-mineralized drill intercepts in the Bull Hill NW
Resource Area:
Drill Hole RES10-42 (S45W, -65 ; t.d. 777 feet)
Drill Hole RES10-43 (N90W, -45 ; t.d. 626 feet)
The results from the two Bull Hill NW drill holes show significant REE
mineralization in FMR/carbonatite dikes and stockwork. The structural
controls for the mineralized bodies remain incompletely understood in the
target area.
Potential New Target Area
Two reverse circulation drill holes completed during the Company's 2010
Sundance gold exploration program cut significant REE mineralization in FMR
vein material that intrudes trachytic and syenitic intrusive rocks. The
drill holes are located just south of the Carbon gold target and about 1,200
feet (366m) northwest of the Whitetail Ridge REE exploration target. The
REE mineralization may portend the northwestern extension of the Whitetail
Ridge system or, alternatively, a distinct FMR/carbonatite mineralized
system. REE-bearing intercepts from drill holes SUN-076 and SUN-079 are
given in Table 3. If this mineralization is a continuation of the Whitetail
Ridge dike system and the Bull Hill SW system, its total length may reach up
to 5000 feet (1500m) in length
Table 3. Summary of REE-mineralized intercepts in reverse circulation drill
holes from the 2010 Sundance gold exploration project:
Drill Hole SUN-076 (N45W, -45 ; t.d. 615 feet)
Drill Hole SUN-079 (S80W, -45 ; t.d. 775 feet)
Assaying and Quality Control
ALS Chemex conducted the assaying for the rare earth elements in their
Vancouver, British Columbia assay facility. ALS Chemex Vancouver is
accredited to ISO 9001 and operates according to ALS Group standards
consistent with ISO 17025 methods at other laboratories. The samples were
prepared and subjected to lithium metaborate fusion, followed by ICP
analysis and a mass spectroscopy finish.
Analytical quality is monitored through the use of randomly inserted quality
control samples, including standards, blanks, and duplicates, which are
blinded to the analytical laboratory. Results of the analyses at ALS Chemex
are evaluated continuously by the Company's QA/QC consultant, Dr Jeffrey
Jaacks, who is a Qualified Person according to National Instrument 43-101,
and the results indicate acceptable accuracy and precision. Blank analyses
also indicate no issues with carry-over contamination.
Option Grant
The Company has issued stock options to a director and officer and
consultants for a total of 403,000 options to purchase common shares of the
Company at an exercise price of $15.16 per share for a period of five years,
expiring on 11 January 2016, subject to the TSX Venture Exchange's approval
.
Figure 1. Drill hole locations: http://files.newswire.ca/675/Figure_1_Drill_Site_Locations.pdf
Rare Element Resources Ltd is a publicly traded mineral resource company
focused on exploration and development of rare-earth elements and gold on
the Bear Lodge property.
Rare-earth elements are key components of the green energy technologies and
other high-technology applications. Some of the major applications include
hybrid automobiles, plug-in electric automobiles, advanced wind turbines,
computer hard drives, compact fluorescent light bulbs, metal alloys,
additives in ceramics and glass, petroleum cracking catalysts, and a number
of critical military applications. China currently produces more than 95% of
the 130,000 metric tonnes of rare-earths consumed annually worldwide, and
China has been reducing its exports of rare earths each year. The rare-earth
market is growing rapidly, and is projected to accelerate if the green
technologies are implemented on a broad scale.
ON BEHALF OF THE BOARD Donald E. Ranta, PhD, PGeo, President & CEO
Donald E. Ranta, PhD, PGeo, serves the Board of Directors of the Company as
an internal, technically Qualified Person. Technical information in this
news release has been reviewed by Dr. Ranta and has been prepared in
accordance with Canadian regulatory requirements that are set out in
National Instrument 43-101. This news release was prepared by Company
management, who take full responsibility for content. Neither TSX Venture
Exchange nor its Regulation Services Provider (as that term is defined in
the policies of the TSX Venture Exchange) accepts responsibility for the
adequacy or accuracy of this release.
CONTACT: For information, refer to the Company's website atwww.
rareelementresources.com or contact:Mark T Brown, CFO, (604) 687-3520 ext
2********[email protected] E Ranta, (604) 687-3520 don@
rareelementresources.com | | | K**********r
发帖数: 2640 | | p********e
发帖数: 1960 | 12 老房, do you still hold your long-term position of AVL?
I am tempted | f**********g
发帖数: 2252 | 13 Followed.
【在 n**2 的大作中提到】
: rt
| f**********g
发帖数: 2252 | 14 Sold yersterday. Looks like it start again today. Bot some too.
I am not a good for long investment. Just a trader.
【在 p********e 的大作中提到】
: 老房, do you still hold your long-term position of AVL?
: I am tempted
| f**********g
发帖数: 2252 | 15 I want rest for a while. Trade again.
Cannot control my hands. sign. | f**********g
发帖数: 2252 | |
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