Cavan Ventures Announces Significant New Rare Earth Assays

VANCOUVER, BRITISH COLUMBIA - Jan.17,2013 - CAVAN VENTURES INC. ("Cavan" or the "Company") announces today it has received significant rare earth element (REE) assays from its 2012 prospecting program at its 100% owned Pythonga Property, located approximately 15 kilometers west of the town of Maniwaki, Quebec. The property consists of 110 map staked claims covering an area of approximately 6,523 hectares. The claims are divided in three blocks: the East Block (35 claims), the Central Block (71 claims) and the SW block (4 claims).

The prospecting program was executed by the team of Magnor Exploration Inc. under the supervision of Dr. Christian Derosier, P.Geo, Cavan's Consulting Geologist and Qualified Person for the Pythonga Lake Rare Earth Element project. The program consisted of prospecting along recently-built timber roads, channel sampling, limited line cutting, limited radiometric survey and delimiting the future stripping areas. All this work has been conducted within the East Block boundaries.

A total of 42 channel samples were taken and assayed by ALS Minerals lab in North Vancouver, B.C. The method of analysis recommended by the exploration team and the laboratory for rare earth and trace elements uses the lithium metaborate/tetraborate fusion followed by Inductively Coupled Plasma (ICP) for the major oxides and by Inductively Coupled Plasma Mass Spectrometry (ICP-MS) for a series of 38 elements which include the REE's.

Most samples which returned appreciable REE values (higher than 0.20% TREE) were obtained from pink to red coarse-grained pegmatite that returned more than 400 counts per second (cps) with the radiometric field instrument. These samples were selected close to already known mineralization, or on their on strike extensions.

Sample P268092 was collected at a new location. This new discovery gave 390.1 ppm U, 1149 ppm Th and 13600 cps with the instrument. The "Frog" occurrence is in mafic gneiss mixed with some pegmatite dikes. The outcrop is 1-2m wide and was followed over 25m in length. This occurrence is open in both directions.

This new discovery as well as the new channel sampling increase the economic potential of the Pythonga REE project and justify a more aggressive exploration program which will be started as soon as the snow cover clears.

Mr. Peter P. Swistak, President of Cavan Ventures states, "The Pythonga REE project continues to reveal a real potential for economic rare earth mineralization. We are preparing a focused exploration campaign which will begin with geophysical surveys, a trenching and stripping phase, followed by a diamond drilling program."

 

 

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US Research Project Looks for Ways around Rare Earth Scarcity

 A team led by Ames Laboratory in the US is to undertake research into solutions to the shortage of materials that are essential in the manufacturing of renewable energy equipment.

The US Department of Energy has awarded the lab awarded a five-year, $120 million grant to establish an ‘energy innovation hub’ research centre in Iowa.

The centre will be named the Critical Materials Institute and will explore how the country’s clean energy industry can overcome the shortage of materials such as rare earth metals, which are used in solar panels and wind turbines.

David Danielson, Assistant Secretary for Energy Efficiency and Renewable said: “Rare earth metals and other critical materials are essential to manufacturing wind turbines, electric vehicles, advanced batteries and a host of other products that are essential to America’s energy and national security.

“The Critical Materials Institute will bring together the best and brightest research minds from universities, national laboratories and the private sector to find innovative technology solutions that will help us avoid a supply shortage that would threaten our clean energy industry as well as our security interests.”

In 2011, a DOE critical materials strategy reported that supply challenges for five rare earth metals – dysprosium, terbium, europium, neodymium and yttrium – may affect clean energy technology deployment in the coming years.

The centre will focus on developing technologies capable of making the best use of what materials are available and that eliminate the need for scarce materials altogether.

  

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Greenland Rare Earths: No Special Favours for EU

The prime minister of Greenland says he will not favour the EU over China or other investors when granting access to highly prized rare earth minerals.

Kuupik Kleist said it would not be fair "to protect others' interests more than protecting, for instance, China's".

Greenland, a vast autonomous Danish territory, is not in the EU, even though Denmark is.

Read more: Greenland Rare Earths: No Special Favours for EU

Jamaica Discovers Rare Earth Elements

Jamaica could become a major player in the rare-earth market, which is currently dominated by China.

According to Jamaica's minister of Science, Technology, Energy and Mining, Philip Paulwell, a recent survey carried out by Japanese researchers has found high concentrations of rare-earth elements in bauxite residue. Mind you, the Japanese should be pretty good at finding stuff in the dirt, since Japan doesn't really have any noteworthy natural resources.

In a report to Jamaica's Parliament, Paulwell pointed out that the researchers believe Jamaica's rare-earth elements could be efficiently extracted, indicating that commercial production could be possible. The discovery could potentially turn Jamaica's economy around.

"The government of Jamaica perceives the extraction of the rare-earth elements that are present in Jamaica to be an exciting new opportunity to earn much needed foreign exchange and create jobs," Paulwell told lawmakers.

AP reports that Nippon Light Metal, the company behind the survey, has already agreed to invest $3 million in buildings and equipment for the pilot project.

Rare-earth elements produced during the pilot project will be jointly owned by Jamaica and the company, while negotiations on full scale commercialisation are expected at a later date.

China currently dominates the rare-earth market and it has a virtual monopoly on supplying rare-earth elements to manufacturers. In recent years China scaled back exports, causing alarm among foreign companies and governments. In response, the US, EU and Japan filed formal complaints about China's decision to curtail exports of rare-earth minerals.

 

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Rare-Earth Elements in Jamaica's Red Mud

Jamaica may be able to benefit from newly found deposits of rare-earth elements that are key ingredients for smartphones, computers and numerous other high-tech goods, the Caribbean island's top mining official said Tuesday.

Science, Technology, Energy & Mining Minister Philip Paulwell said Japanese researchers believe they have found "high concentrations of rare-earth elements" in the country's red mud, or bauxite residue.

China is now the world's main supplier of rare-earth elements, which are minerals that play a critical role in making products from basic communication devices to high-tech military weaponry. Worried by that dominance, manufacturers around the globe have been spurring searches for other sources that could be profitably mined.

In a statement to Jamaica's Parliament, Paulwell said researchers from Japan's Nippon Light Metal Co. Ltd. believe rare-earth elements can be efficiently extracted in Jamaica, where a once-flourishing bauxite industry has fallen on hard times.

Paulwell touted the discovery as a potentially significant boon for the Caribbean island's chronically sputtering economy.

"We are at the starting line of an opportunity that has the potential to redefine Jamaica's economic prospects in a positive way," he told lawmakers. "... The government of Jamaica perceives the extraction of the rare-earth elements that are present in Jamaica to be an exciting new opportunity to earn much needed foreign exchange and create jobs."

A pilot program will establish the scope of any potential commercial project on Jamaica, which is about the size of the U.S. state of Connecticut. The environmental and planning agency has already authorized the pilot program but other government agencies still need to examine it.

Nippon Light Metal has agreed to invest $3 million in buildings and equipment for the pilot project while also being responsible for operating costs. Any rare-earth elements produced during this phase will be jointly owned by Jamaica and the Japanese company. Negotiations for commercialization are expected to occur at a later date.

China has built a virtual monopoly on supplying rare-earth elements to the world's manufacturers, thanks to cheap labor and low environmental standards. It alarmed companies around the world in recent years by reducing exports and at the same time building up its own industries, saying the curbing of rare earth exports was needed for environmental protection.

Last year, the World Trade Organization created a panel to evaluate China's rare earth exports after the U.S., the European Union and Japan complained about the curtailment of Chinese sales of rare earth minerals.

Rare earths aren't scarce, but few places exist with enough concentrations to mine profitably, and they are difficult to isolate in a purified form and require advanced technology to extract.

Jamaica had previously tried to get rare earth minerals from the country's red mud around bauxite mining grounds, but Paulwell said it faced major challenges in attempting to extract minerals from the bauxite tailings.

Last January, Nippon Light Metal approached Jamaica saying it had the capacity to extract rare-earth elements and wanted to evaluate the local red mud. Since then, it has done chemical research and successfully extracted some rare-earth elements, Paulwell said.

Representatives of the company could not immediately be reached for comment.

If the pilot project is a success, Nippon Light Metal hopes to extract 1,500 metric tons of rare-earth oxides annually, Paulwell said.

"It is clear that this resource presents an opportunity Jamaica must pursue, and which must be managed in such a way that Jamaica and Jamaicans benefit significantly," he said.

 

 

Rare Earth Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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