Quantum Rare Earth Developments Corp. (TSXV:QRE) announced REE results for the remaining two holes of the spring/summer exploration program at the Elk Creek niobium – rare earth project, Nebraska, USA.
The press release is quoted as saying:
REE results have been finalized for drill holes NEC11-004, located approximately 2.5 kilometres east of the Niobium Deposit; and NEC11-005, located approximately 1 kilometre ENE of the Niobium Deposit.
Highlights from the current exploration include:
NEC11-004: 236.19 m of 2.10% TREO*
Including 68.18 m of 3.32% TREO*
NEC11-005: 433.97 m of 0.92% TREO*
Including 164.85 m of 1.21% TREO*
Drill hole NEC11-004 was drilled at a -55° inclination at a direction of 080° to a depth of 465.73 metres in the area of the Eastern REE Anomaly. The Eastern REE Anomaly is located approximately 2.5 kilometres to the east of the Elk Creek Niobium Deposit. The hole was collared 160 metres to the south-east and drilled in the direction of historic hole EC-93 which contains 155.5 metres of 2.70% TREO, including 54.9 m of 3.30% TREO (previously announced, March 7, 2011).