U.S. Rare Earth discovery in the North Fork area of high-grade rare earth mine
- Details
- Category: Rare Earth News
- Published on Friday, 22 November 2013 13:35
U.S. RE Corporation issued a statement last week, the North Fork of the rare earth minerals bit up 10.3%. Rare earth oxides such as key oxide, dysprosium oxide , europium oxide, terbium oxide, yttrium oxide and neodymium grade of 1.2-1.4 % . U.S. rare earths in Idaho, Montana and Colorado have mine .
The company CEO Kevin Cassidy said the company right from the first phase of the drilling program data obtained discover very satisfied. Prove that the company where 25,000 acres of mining area rich in critical and heavy rare earth oxides .
On Thursday the company's share price rose to $ 2.95 . This week the company stock prices rose 6.5% . October , when the U.S. rare earth companies are located in Last Chance to carry out drilling projects, there are four holes to be explored.
U.S. Rare Earth Company believes Idaho North Fork region has a rich potential for significant rare earth mine . The findings raise the level of North Yorkshire assets and expects this year to begin the second phase of the drilling work .
North Fork ore source system and the Lemhi Pass in Last Chance Mine different deposition is regarded as an important opportunity to enhance the region 's critical centralized processing of rare earth potential. Discussion will also underground structure , the average grade and tonnage for evaluation.
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