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i never though like that either... but think about it
the Chinese don't want the markets to melt down... where would they send their consumer products to?
John Kaiser quote: " The Chinese are very clearly interested in seeing rare earth deposits developed outside of China to take the pressure off them to export what they consider a resource they need to hoard for the long term."
great info! post of the year :)
very good explanation about resources and reserves, NI43-101
http://www.kereport.com/videos/investingjuniorresourcestocks/1.html
very good explanation about resources and reserves, NI43-101
http://www.kereport.com/videos/investingjuniorresourcestocks/1.html
Creso will pay Sarissa CAN $95,000, as well as 25,000 common shares of Creso Resources Inc. stock, for one hundred percent interest of Sarissa's share of the St. Nicholas prospect located in the camp.
http://www.marketwire.com/press-release/Sarissa-Resources-Enters-Into-Agreement-With-Creso-Resources-Development-Sarissas-Uranium-756178.htm
Creso Resources again...
"Goldeye Options Claims to Creso Resources in Shining Tree Area"
http://www.kitco.com/pr/1267/article_03032010074109.pdf
longtimers will recall that in 2007 Sarissa sold some claims in the Elliot Lake camp to Creso Resources for cash and shares in Creso. Interesting that they seem to follow us... They are still a private company but planning to go public.
I've always suspected there is some kind of tie between Sarissa and Creso, who knows? just wild speculation
there are now 774,822,830 outstanding shares
got that from the fact sheet
http://www.sarissaresources.com/media/factsheet.pdf
wow this niobium deposit is a giant!
you are not kept in the dark
there is so much info at the website etc
press releases are not for keeping the share price up... unless you are a pump & dump living from promotion
just give it some time
quite stupid to sell at the bid with a market order on a penny stock
Live at PDAC: Teck Resources
http://watch.bnn.ca/commodities/march-2010/commodities-march-9-2010/#clip274267
http://www.bnn.ca/16214.html
BNN interviews and coverage at the PDAC
TSM on the TSX-V up 100% this morning
wow up 100% today!
buying
TSM on the tsx-v up 100% this morning! wonder what happened at the PDAC :)
TSM on the tsx-v up 100% this morning! wonder what happened at the PDAC :)
they won't be a JV candidate for sarissa
Buchanan and Scott are friends + Scott has worked for spire long ago
they shared the booth las time as well
booth 2400A.
shared with consolidated spire ventures
thanks for your efforts! great report :) did you manage to take any pics?
yep that's true
this could happen to srsr too:
TORONTO (SHfn) – General Moly (TSX: T.GMO, Stock Forum) shares soared 43% to $3.82 on Friday after the junior miner announced an investment and strategic relationship with Hanlong (USA) Mining Investment Inc., a wholly-owned subsidiary of China’s Sichuan Hanlong Group, that is anticipated to provide full project funding for the its 80% owned Mt. Hope molybdenum project in Nevada. Highlights included a $665 million bank loan from a Prime Chinese Bank to be procured and guaranteed by Hanlong at an anticipated rate of Libor plus 2%-4%, as well as an $80 million equity investment in General Moly through the purchase of 25% of the company's fully diluted shares, partially contingent upon completion of the $665 million bank loan.
nice! looking forward to hearing back from you
some pics would be cool too :)
lol look who's all active today
so who is going to the PDAC?
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 Intersects Wide Intervals of Heavy Rare Earth Element and Zirconium Mineralization at Norra Karr Project, Sweden - Mar 4 2010 1:15PM
http://www.kitco.com/pr/2376/article_03042010131523.pdf
yep, i bought AVL, TSM, WUC in anticipation :)
Keevil has been CEO of Spire 10 years ago or so
and Buchanan of Spire and Keevil are friends
didn't they stake more claims around the nemegosenda property around that time? they talked about it in a press release but im not sure it was around then...
else ask Merle
Consolidated Spire Ventures Ltd. 2400A
that's the one they are sharing again with
yes or a private placement
i would take part in that, a listing on the TSX-V would be ideal
that's where most of the juniors reside
perhaps make them an offer you will provide them 250k, but that is needs to be used to uplist?
i did :)
the market call interviews are really good too, about once a week they talk about juniors and resources companies
that is correct
more drilling is needed to bring all of the zone compliant
but also more drilling is required to upgrade from indicated or inferred resources to reserves (highest standard)
http://watch.bnn.ca/#clip267028
interesting interview "how to value junior miners"
also about NI43-101 compliance ;)
the resources of the block they drilled are NI43-101 compliant
when they talk about further drilling required to bring the D zone to compliant status, they mean they have to extend the grid to FULLY drill the zone to have it ALL compliant
right now only part of that zone is
in summary, you have xx m² D zone with a historical resource, and they have drilled x m² of that and made it NI43-101 compliant (inferred i think), now they need to drill the rest x m² and then all of the D zone will be compliant