Elissa Resources fka ELI

[canucklehead80]

Elissa President Paul McKenzie on Nevada REE drilling commencement

Elissa Resources Ltd TSXV:ELI announced that it has begun Phase 1 drilling on the Lopez trend of its Thor heavy and light rare earth element project in southern Nevada. A minimum of 1,500 metres will be drilled, and the company anticipates the program to be completed within 1Q 2012. The project is located approximately 28 kilometres east of Molycorp Minerals’ Mountain Pass REE mine.

President/CEO Paul McKenzie tells ResourceClips.com, “We’ve had this project for over a year, and we picked it up on nothing more than a theory. It was intriguing to us because of its proximity to Molycorp’s flagship Mountain Pass deposit. That it was in the state of Nevada made it all the more intriguing. But when we got on the ground after acquiring it, it very quickly became a compelling property, and with every visit it became more and more so.

Read the rest of this article. http://www.http://resourceclips.com/2012/01/16/elissa-president-paul-mckenzie-on-nevada-ree-drilling-commencement/