Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Now @$1.40... more time is need unless there is a complete market meltdown... in which case, all bets are off.
Bought TAS (AMEX) yesterday at 1.68. Waiting to see if she's going to get some support here or a dime or two lower. Some good long term buying opps in the REE's lately, imo. Might be a bit of a wait yet for them to come to fruition though.
+2.78% for the week that was...
Scoreboard for the week: +9.05%
Of REE sector interest from last month:
http://www.financialsense.com/financial-sense-newshour
Started another position today at 2.22. Looking for another nice run like the one we enjoyed the second half of 2010.
A European Strategic Metal Perspective:
http://www.tasmanmetals.com/s/European.asp
2 excerpts from the article:
"The EU is highly dependent on imports of strategically important raw materials which are increasingly affected by market distortions. In the case of high-tech metals, this dependence can even be considered critical in view of their economic value and high supply risks."
Tasman Metals Ltd's exploration project portfolio is uniquely placed in Europe, with the capacity to deliver rare earth metals to European consumers. Scandinavia is the principal mining region in the EU, with strong mining law, low taxes and infrastructure that is "second to none".
Link to projects overview:
http://www.tasmanmetals.com/s/Projects.asp
Tasman Lists on the NYSE-AMEX Under the Symbol "TAS"
November 30, 2011
http://www.tasmanmetals.com/s/NewsReleases.asp?ReportID=493834&_Type=News-Releases&_Title=Tasman-Lists-on-the-NYSE-AMEX-Under-the-Symbol-TAS
Vancouver, Canada -- Tasman Metals Ltd. ("Tasman" or the "Company") (TSXV -- TSM; Frankfurt - T61; Pink Sheets - TASXF). Mark Saxon, President & CEO, is pleased to announce that Tasman has been approved to list its common shares on the NYSE Amex beginning on December 2, 2011, under the ticker symbol "TAS".
The Company will continue to be listed on the TSX Venture Exchange ("TSX-V") under the ticker symbol "TSM."
"Tasman is excited to have its shares listed for trading on the NYSE Amex," stated Mr. Saxon. "It is the right time for the Company to take this positive step and we believe our shareholders will benefit from listing on the NYSE Amex. Tasman's Norra Karr project in Sweden is one of the world's largest heavy rare earth element projects, and the NYSE Amex listing will assist in drawing the investor attention that the project deserves."
"We welcome Tasman Metals Ltd. to the NYSE Euronext family of listed companies and onto the NYSE Amex," said Scott Cutler, Executive Vice President, NYSE Euronext. "Tasman Metals and its shareholders will benefit from superior market quality and technology, a broad array of issuer and investor services and a global brand association. We look forward to building a strong and lasting partnership with the Company and its shareholders."
On behalf of the Board,
"Mark Saxon"
Mark Saxon, President & CEO
Investor Information
www.tasmanmetals.com
1305 -- 1090 West Georgia St., Vancouver, BC, V6E 3V7
Company Contact: Jim Powell +1 (647) 478 8952
Investor Relation Consultants - Mining Interactive
Nick Nicolaas +1 (604) 657 4058
Email: info@tasmanmetals.com
Up close to 90% last week! Anybody know why???
Any news today? Have this on my watchlist and just noticed the huge bounce today.
Mickey Fulp Talks Energy & Rare Earths
http://www.resourceinvestor.com/News/2010/10/Pages/Mickey-Fulp-Talks-Energy--Rare-Earths.aspx?channel=7
TSM mentioned as one of his favorites.
Tasman Intersects Wide Intervals of Heavy Rare Earth Element and Zirconium Mineralization at Norra Kärr Project, Sweden
March 04, 2010
Tasman Intersects Wide Intervals of Heavy Rare Earth Element and Zirconium Mineralization at Norra Kärr Project, Sweden
--------------------------------------------------------------------------------
Including 108.1m averaging 0.74% TREO and 2.1% ZrO2
View News Release in PDF Format
Vancouver, Canada - Tasman Metals Ltd. ("Tasman" or the "Company") (TSXV - TSM). Mr Mark Saxon, President and CEO, is pleased to report assay results from the first five drill holes testing the Company's 100% owned Norra Kärr rare earth element (REE) - zirconium (Zr) project in Sweden. Four of the five drill holes intersected wide intervals of REE-Zr mineralization from surface to the depth of drilling, with two of the five drill holes terminating within mineralization. The tenor and scale of the Norra Kärr project are indicated by results which include 108.1m at 0.74% TREO (total rare earth oxide), 2.1% ZrO2 (zirconium oxide) with 52% of the TREO being heavy rare earth oxides (HREO).
This first drill program at the Norra Kärr project has discovered multiple intervals of REE and Zr mineralization, with grades ranging up to 1.21% TREO and 3.5% ZrO2 and mineralized thicknesses range up to 149.3m. Of most significance is the relative proportion of the high value HREO which range from 27.1% to 64.3% of the TREO and average 49%. Of particular note are the high values of Dy (dysprosium) which average 278 ppm and range from 82 ppm Dy2O3 to 586 ppm Dy2O3. Dysprosium is a high value HREO consumed in increasing volume in high strength permanent magnets that are critical to hybrid cars, electric motors and computer disk drives, with a recent price of $127 - $132 per kg of Dy2O3 (source: www.metalpages.com).
"Drilling of the previously untested Norra Kärr intrusion is showing higher TREO and Zr values than Tasman's surface sampling, and has intersected good grades of mineralization over wide intervals" said Mark Saxon, Tasman's President & CEO. "The Norra Kärr intrusion has a large surface expression and is now known to extend to at least 100m vertical depth, suggesting potential for a significant near surface tonnage. The relative enrichment of the more highly priced HREO will make an important contribution to the value of the Norra Kärr project as it develops. The low content of radioactive metals (averaging only 15 ppm U and 10 ppm Th in the mineralized intervals) is encouraging and will simplify potential future permitting, processing and mining options. We look forward to receiving results from the remainder of the program over the coming months."
A 15-hole diamond drilling program is nearing completion having tested the Norra Kärr intrusion on three 400m spaced sections over a strike length of 800m. The current 5 holes reported lie on the central section of drilling, at a drill spacing of 80m (see Figure 1).
The best results returned from the first 5 holes of the program representing 662.8m of drilling, calculated using a lower cut-off of 0.4% TREO are:
DRILL HOLE FROM TO LENGTH *TREO (%) **HREO (%) ZrO 2 (%)
NKA0901 33.90 38.85 4.95 0.59 39.9 1.20
NKA0902 0.50 23.50 23.00 0.57 50.8 1.96
35.55 45.55 12.35 0.79 57.9 2.03
NKA0903 16.60 95.45 78.85 0.56 45.0 1.59
NKA0904 2.55 151.80 149.25 0.61 45.8 1.69
NKA0905 43.30 152.10 108.10 0.74 52.9 2.10
including 127.55 143.1 15.55 0.94 46.6 1.92
*TREO is calculated as the sum of the oxides of the 14 rare earth elements (not Pm) and Y. **HREO is calculated as the sum of the oxides of Eu, Gd, Tb, Dy, Ho, Er, Tm, Yb, Lu and Y. Rare Earth Oxides with the greatest contribution to TREO at Norra Kärr are typically Y, La, Nd, Ce, Dy and Er.
Mineralization occurs within the Norra Kärr peralkaline nepheline syenite intrusion, which covers 350m x 1100m, first discovered in 1906, and subsequently test mined for nepheline, Zr and Hf. Better grades of mineralization in drilling appear associated with partially melted or pegmatitic intervals within the intrusion. REE bearing minerals include eudialyte, catapleite, britholite, fergusonite and mosandrite. Tasman recently engaged REE expert Dr Anthony Mariano to lead the Company's research into the distribution of the REE minerals and metals and gain data required for future metallurgical research. The project shows geological similarity to REE/Zr/Niobium (Nb) mines of the Lovozero province (Russia) and advanced projects at Kipawa Lake (Ontario), Strange Lake (Quebec) and Dubbo (Australia).
Norra Kärr is located in southern Sweden, 300km SW of the capital Stockholm and lies in mixed farming and forestry land. The site is well serviced by power, roads and water allowing all year round access, plus a local skilled community.
Sweden is the home of REE's, many of which were first discovered in a quarry in the village of Ytterby, near Stockholm. REE consumption is growing, being essential in the production of hybrid/electric cars, solar panels, wind turbines, compact fluorescent lighting, high-energy magnets, mobile phones and computers. Tasman hold numerous claims and claim applications across mining friendly regions in Scandinavia with potential for REE's, and is well placed as the European Union is actively supporting policies to promote the domestic supply of REE's to secure high-tech industry.
Tasman Metals Ltd will be represented at the annual PDAC conference held in Toronto from the 7th - 10th of March. Feel free to visit the Company at booth 2937. For more information regarding rare earth elements, see the Rare Metal Blog at www.treo.typepad.com/raremetalblog or Resource Stock Digest at http://strategicmetalstocks.resourcestockdigest.com/.
On behalf of the Board,
"Mark Saxon"
Mark Saxon, President & CEO
Investor Information
www.tasmanmetals.com
1305 - 1090 West Georgia St., Vancouver, BC, V6E 3V7
Company Contact: Mariana Bermudez +1 (604) 685 9316
Investor Relation Consultants - Mining Interactive
Nick Nicolaas +1 (604) 657 4058
Email: info@tasmanmetals.com
Samples submitted by Tasman Metals Ltd were analyzed by the ME-MS81 technique by ALS Chemex Ltd's laboratories in Pitea, Sweden and Vancouver, Canada, where duplicates, repeats, blanks and known standards were inserted according to standard industry practice. Where over-range for ME-MS81, Zr was determined using the ME-XRF10 technique. The qualified person for the Company's exploration projects, Mark Saxon, President and Chief Executive Officer of Tasman and a member of the Australasian Institute of Mining and Metallurgy and Australian Institute of Geoscientists, has reviewed and verified the contents of this release.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.
Forward Looking Statements. This Company news release contains certain "forward-looking" statements and information relating to the Company that are based on the beliefs of the Company's management as well as assumptions made by and information currently available to the Company's management. Such statements reflect the current risks, uncertainties and assumptions related to certain factors including, without limitations, competitive factors, general economic conditions, customer relations, relationships with vendors and strategic partners, the interest rate environment, governmental regulation and supervision, seasonality, technological change, changes in industry practices, and one-time events. Should any one or more of these risks or uncertainties materialize, or should any underlying assumptions prove incorrect, actual results may vary materially from those described herein.
Figure 1
Click to Enlarge
View News Release in PDF Format:
File: http://www.tasmanmetals.com/i/pdf/2010-03-04_NR.pdf
95 KB, approx. 19 seconds at 56.6Kbps
Tasman Acquires The Past Producing Korsnas REE-PB Mine, Finland
February 03, 2010
Vancouver, Canada -- Tasman Metals Ltd. ("Tasman" or the "Company") (TSXV - TSM). Mr Mark Saxon, President & CEO, announces staking of the historic Korsnas rare earth element (REE) -- lead (Pb) mine, located 350 km north of Helsinki in central western Finland (Figure 1). Tasman has acquired a 100% interest in the former mine by staking the Korsnas 1-4 claim applications that total 268 hectares, and 6,652 hectares of surrounding claim reservations. Applications for claims were submitted following a presentation to and discussion with local community leaders by Tasman's personnel.
The Korsnas REE-Pb mine was operated as a mixed open pit and underground operation by Outokumpu Oy from 1959 and closed in 1972 due to falling Pb prices. A REE concentrate was produced on site, proving the amenability of the ore for processing and providing an excellent basis for Tasman's future metallurgical research. The historic mine site has excellent infrastructure, lying only 1km from the Baltic coast with an excellent all weather road network and a skilled and well serviced local community. Outokumpu Oy's business focus at the time of mining was base metals and mining was therefore focused to maximize Pb, not REE grades and recoveries.
Korsnas was first identified in 1950 through the discovery of Pb sulphide-bearing glacial boulders. In the 1950's, the Geological Survey of Finland followed up the mineralized boulders with various geochemical and geophysical methods and diamond drilling which led to the discovery of the REE-Pb deposit in 1955. Between 1959 and 1972, Outokumpu Oy produced a total of 0.87 million tonnes of ore at a grade of 3.6% Pb and 0.83% REE's. This production estimate is based on a report titled "Outokumpu Oy:n Korsnäsin ja Petolahden kaivosten vaiheita" by Reino Himmi in 1975.
REE-Pb mineralization occurs within a north-south trending skarn zone comprised of coarse-grained calcite, feldspar, diopside, apatite, galena, scapolite, fluorite and barite hosted by a regional mica gneiss. The mined and drill defined ore body is approximately 20m thick, is known to trend over a strike length of greater than 300m, and extends from surface to a vertical depth of 175m. Ore resources remaining at the conclusion of mining have not yet been determined. It remains unknown to what extent mineralization continues along strike and at depth from the mined out areas.
Apatite, monazite and allanite are the principal REE minerals present at Korsnas, although the site is well known for numerous exotic rare earth element minerals. Based on limited sampling of rare earth element bearing minerals by Papunen et al. 1986 (Suomen malmigeologia), Ce, La and Nd comprise 80 -- 90 % of the REE's present, the balance consisting principally of Pr and Sm (see Table 1 for a full list of rare earth elements).
In addition to the Korsnas mine site, gravity, seismic refraction surveys and diamond drilling have been conducted by the Geological Survey of Finland and Outokumpu Oy within the claim reservations held 100% by Tasman that lie south of Korsnas. This work has indentified skarnified fault zones with the same mineralogy as Korsnas, plus numerous REE- and Pb- rich glacial boulders.
Tasman has access to all publically available exploration data and drill core from the Geological Survey of Finland and Outokumpu Oy. This information is currently being compiled and verified, the detail of which will be released as it comes to hand.
Mr Saxon states, "With the addition of the Korsnas to its portfolio, Tasman is in the unique position of securing title to a former REE producing mine. This is a key addition to Tasman's REE project portfolio within Scandinavia, and will become a focus of exploration during the coming year. The 13 year production history by Outokumpu provides a wealth of information and demonstrates that an REE concentrate can be produced from Korsnas ore. With an exploration program focused on REE's, the prospectivity, in combination with the infrastructure of the region, provides Tasman with excellent potential to quickly advance this exciting project."
REE consumption is growing, being essential in the production of hybrid/electric cars, solar panels, wind turbines, compact fluorescent lighting, high-energy magnets, mobile phones and computers. Tasman is well placed as the European Union is actively supporting policies to promote the domestic supply of REE's to secure high-tech industry.
For general discussion and commentary on the rare metals, please visit www.raremetalblog.com.
On behalf of the Board,
"Mark Saxon"
Mark Saxon, President & CEO
Investor Information
www.tasmanmetals.com
1305 -- 1090 West Georgia St., Vancouver, BC, V6E 3V7
Company Contact: Mariana Bermudez +1 (604) 685 9316
Investor Relation Consultants - Mining Interactive
Nick Nicolaas +1 (604) 657 4058
Email: info@tasmanmetals.com
Followers
|
3
|
Posters
|
|
Posts (Today)
|
0
|
Posts (Total)
|
21
|
Created
|
02/04/10
|
Type
|
Free
|
Moderators |
Tasman Metals Ltd (TSX.V : TSM) is a Canadian mineral exploration and development company focused on Strategic Metals in the European region.
Strategic metal demand is increasing, due to their unique properties that make them essential for high technology and environmentally-beneficial applications. Strategic metals include the 15 rare earth elements ("REE"), and also zirconium, yttrium and niobium. Since over 95% of REE supply is currently sourced from China, the EU is actively supporting policy to promote the domestic supply of strategic metals to secure high-tech industry. Wind turbines and hybrid vehicles like the Toyota Prius simply cannot be built without rare earth minerals.
Tasman's exploration portfolio is uniquely placed, with the capacity to deliver "high-tech" metals from politically stable, mining friendly jurisdictions with developed infrastructure.
NI43-101 Technical Reports:
Report on the Geology, Mineralization and Exploration Potential of the Norra Kärr Zirconium-REE Deposit, Gränna, Sweden.
Author: Mr John Nebocat, P.Eng
Technical Report For Seven Mineral Exploration Claims In Northern Sweden Including Calculation Of Current Mineral Resource Estimates For The Sautusvaara And Vieto Iron Properties
Author: Geoffrey Reed
Website: http://www.tasmanmetals.com/s/Home.asp
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |
Subscribe to Ad free and enjoy an ad-free experience
Try Now
Keep the Ads