Rare Earth Minerals Seeks Greenland Rare Earth Exploration Licence

Rare Earth Minerals said it has applied to Greenland authorities for a strategic 38 sq km mineral exploration licence.

It said the licence's northeast boundary was about 500m from a Greenland Minerals and Energy licence that hosted the Kvanefjeld rare earth element, uranium and zinc deposit.

Chief executive David Lenigas said: "This is a very strategic block in Greenland as it immediately abuts the world class Kvanefjeld rare earth/uranium/zinc deposit.

"We have been active in Greenland for some time securing acreage around the Greenland Minerals rare earth oxides deposits," he said.

"We see this whole regional play as becoming more valuable as GGG gets closer to completing their feasibility study."
 

 

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