Stans Energy Corp. (HREEF)

[Kidela]

Stans Energy Corp is already gaining significant recognition as one of the leading Heavy Rare Earth companies outside of China. This recognition comes from their favourable and very high ratio of Heavy to Light Rare Earths that is unlike many other projects around the world.

In addition to their Heavy to Light REE ratio, Stans already has: a mining license; an exclusive option on a HREE processing facility 40 km away; and an existing and extensive infrastructure in place at their mine site. This infrastructure was used to support their open pit mine site during the first 30 years of production. Under the soviet method of mining, their Kutessay II REE mine is estimated to have a 75 year mine life. Stans is working on a design that will scale up their production at the site by over three times as compared to the soviet design. Accurate mine life estimates will be reported once a feasibility study is completed in 2011.

However, today the company pulled the covers back to unveil another tremendous asset they hold for their shareholders. Stans has announced that they have undertaken the process to carry out an important JORC study on their potentially very large Beryllium deposit called Kalesay.

Stans also owns a very important mining licence for the Kalesay Beryllium Deposit that they acquired in December of 2009. The Kalesay Deposit is located just 200 metres (m) east of their Kutessay II past-producing rare earth mine. This means that all of the existing infrastructure that helps to make their REE deposit so attractive could also be used for the Beryllium Deposit as well. This would definitely reduce the company’s capital development costs which are factored into any future feasibility study.

Given the historical tonnage estimates at the site (which the JORC will quantify) and the current market price of Beryllium, Stans Energy’s Beryllium deposit could end up being worth several billions of dollars.

For full details, head over to: http://www.kidela.com/stans-energy-corp/jorc-kalesay-beryllium-deposit