Tela Ming South Australia project is a high grade heavy rare earths

ACB News " Sino Finance Online " reported: the color of shares shareholding base metals explorer Tela Ming Australia Australia Limited : Disclosure today (Terramin, ASX TZN), a wholly-owned owned mine in South Australia Kapunda-Fruro found massive rare earth mine , high value HREE prominent, is expected to significantly enhance the economic value .

Macao and China Finance Online database shows Tela Ming as a base metals producer in Australia with multiple domestic and overseas mineral projects , including in Adelaide Angas Zinc Mine tenements , Algeria Tala Hamza zinc mine project and is located in South Australia 's Eyre Peninsula Menninnie zinc project , with an annual output of zinc and lead of more than 25 tons. China Nonferrous Metal Construction Corporation (NFC, referred to the color of shares , stock code : 000758 ) holds a 17.93% stake in the company .

The company Kapunda-Fruro recent exploration activities found in the project area , there are indications that the HREE mineralization in quartz veins associated with the local copper -containing . Tela Ming said in a statement that the project confirmed copper quartz vein segment containing a high density heavy REE (HREE). A sample of the total rare earth oxide content of over 20% , which contain praseodymium , neodymium, europium and other heavy REE grades were up 5.54 percent , 1.42 percent and 0.20 percent . Scandium content of up to 335ppm. HREE unit value is much higher than the more common light rare earth elements .

The main producing countries affected by the recent Chinese export quota restrictions affect the price of rare earth elements rose sharply . Medium and long term , as demand hybrid cars, wind turbines , medical lasers, fiber and other high-tech products increased, the strategic position of rare earths as an important industrial raw materials will continue to highlight .

Tela Ming , president Gines (Martin Janes) said that this is the first time such a high -grade rare earth elements found in the project area , the future will continue to strengthen the exploration, further assessment of the distribution of rare earth ore . HERR mineral discovery will greatly enhance the economic value of the project Kapunda-Fruro with特拉明copper exploration in the local complement .

Kapunda-Fruro project is located in the northern part of the history of South Lofty Ranges Copper Mountain area, 80 km from Port Adelaide , in the Tela Ming mine recently acquired land EL5262, a total area of ​​624 square kilometers , the region also has gold exploration potential. Gines said that early 2014 will focus on the Kapunda-Fruro exploration operations , but later this year, will re- survey the history of gold mining land mines .


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