InvestorsHub Logo
Followers 133
Posts 14659
Boards Moderated 0
Alias Born 06/28/2009

Re: None

Tuesday, 05/15/2012 4:22:19 PM

Tuesday, May 15, 2012 4:22:19 PM

Post# of 95
Looks like LBSR found REE's at Hay Mountain.... smile

http://ih.advfn.com/p.php?pid=nmona&article=52420737&symbol=LBSR

A surprising presence of rare earth elements (REE) has been defined over a large area. This was completely unexpected and justifies further study. The REEs we assayed for are among the 17 REEs now known, are strongly anomalous, and are scandium, yttrium, lanthanum, and cerium. The other 13 known REEs were not included in our assay process. In due course we will re-assay the samples for these additional REEs. Rare earth elements are critical to various civilian and military hardware and are commercially important. (Wikipedia: "Rare Earth Elements")

The REEs are clearly related to a satellite image anomaly as well as geochemical anomalies of: iron, uranium, thorium, copper, silver, gold, lead, zinc, nickel, gallium, mercury, potassium, manganese and molybdenum. These elements are commonly associated with REE occurrences. This anomaly covers almost 9 square miles.

We are not sure of the meaning of the presence of these Rare Earth Elements (REEs) but the association of the elements named in 3 above justifies further studies.

We do not believe the REEs are part of the porphyry system because they are separated in a different area for the most part.

Join the InvestorsHub Community

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.