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STEENKAMPSKRAAL MINING PERMIT ISSUED BY SOUTH AFRICAN GOVERNMENT
STEENKAMPSKRAAL MINING PERMIT ISSUED BY SOUTH AFRICAN GOVERNMENT.
About this update from Great Western Minerals Group Ltd
[{"type":"text","content":"GREAT WESTERN MINERALS GROUP LTD. NEWS RELEASE TSX Venture Symbol: GWG CUSIP: 39141Y 10 3OTCQX: GWMGF STEENKAMPSKRAAL MINING PERMIT ISSUED BY SOUTH AFRICAN GOVERNMENT June 3, 2010 - Saskatoon, Canada. Great Western Minerals Group Ltd. (\"GWMG\", TSX:V - GWG) and Rare Earth Extraction Co. Limited (“Rareco”) of Stellenbosch, South Africa are very pleased to announce that the Department of Mineral Resources of South Africa has granted a New Order Mining Right to a subsidiary of Rareco with respect to the Steenkampskraal Monazite Mine. Trevor Blench, Chairman of Rare Earth Extraction Co. today stated, “Rareco is pleased to announce that the Department of Mineral Resources has granted a New Order Mining Right to Steenkampskraal Monazite Mine (Pty.) Ltd. (SMM), situated in the Western Cape Province of South Africa. Rareco and Great Western Minerals Group Ltd. of Saskatoon, Canada, plan to bring Steenkampskraal into production as one of the first new Rare Earth mines outside of China.” “We are exceptionally pleased with the New Order Mining Permit for Steenkampskraal,” stated GWMG President and CEO Jim Engdahl. “This is a critical step in enabling GWMG and Rareco to bring the Steenkampskraal mine back into production as one of the first new Rare Earth mines outside of China. We project Steenkampskraal to be one of the highest grade Rare Earth mines in the world and therefore one of the world’s lowest cost producers.” As well, Mohamed Madhi, Chairman of Areva South Africa and Advisory Board Member of GWMG stated, “The granting of this mining right represents a significant milestone for South Africa and GWMG. For South Africa it signals the establishment of Rare Earth mining activity and the development of related industries arising from the beneficiation of Rare Earth metals resulting in new skills and competencies. These will ultimately ...