Commencement of Drilling South Bay Nickel Discovery
2/24/04
Rare Earth Metals Corp. is pleased to announce that drilling has commenced on its South Bay Nickel Property near Leaf Rapids Manitoba.
Further to a news release dated February 5, 2004 announcing the anticipated starting date of February 10, 2004, had not been met due to mechanical breakdown and crew availability. These unforeseen circumstances have now been rectified and drilling is underway. A second rig has been transported to the property and will be operational within the next few days. The program will be completed within the perceived time frame with the utilization of two drill rigs and is expected to take approximately two and one half weeks.
Additionally drilling has commenced at the Assean Lake Gold property in Manitoba, a second rig has been mobilized to the property and will be operational within the next few days.
Assay results from these two programs will be disseminated as they become available.
For additional information please visit our updated web site, www.rareearthmetals.net
On behalf of the board;
Andrew Cook, CEO, Director
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