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Grades increasing with exceptional heavy rare earth enrichment at Lofdal for Namibia Rare Earths
HALIFAX, Sept. 15, 2011 /CNW/ - Namibia Rare Earths Inc. ("Namibia Rare Earths" or the "Compa...
About this update from Namibia Critical Metals Inc.
[{"type":"text","content":"\n\n\n\n\n\nHALIFAX, Sept. 15, 2011 /CNW/ - Namibia Rare Earths Inc. (\"Namibia Rare\n Earths\" or the \"Company\") (TSX: NRE) is pleased to report on additional\n drill results from the Lofdal Rare Earth Project in Namibia, which have\n extended the zone of exceptional heavy rare earth (\"HREE\") enrichment1 in Area 4 accompanied by significant increases in grade. Drilling in Area 4 has intersected mineralization over a strike length\n of 500 meters highlighted by an intersection of 1.28% total rare earth\n oxides (\"TREO\") over 16.0 meters with 82.6% HREE enrichment, including\n 6.18% TREO over 2.0 meters with 98.4% HREE enrichment. The zone is open along strike and at depth, and drilling continues.\n Additional exploration results are reported from Area 5 and from the\n first holes drilled at the Emanya light rare earth target. Results from\n the first 24 holes were reported on August 3, 2011 and results from an\n additional 24 holes are reported here (Figure 1).\n\n\nInitial testing of induced polarization (\"IP\") geophysical anomalies in\n Area 5 have confirmed a correlation with sulphide and magnetite-rich\n lithologies that are, in part associated with REE mineralization.\n Additional IP surveys are on-going, including the first surveys in Area\n 4. An initial representative suite of polished thin sections from\n mineralized core samples from Areas 4 and 5 has been shipped to the\n United States for petrographic studies by Dr. James Clarke of Applied\n Petrographics to identify and characterize the REE minerals. It is\n believed that xenotime is the primary HREE-bearing mineral at Lofdal.\n It is anticipated that this first phase of exploration drilling will be\n completed by the end of September, 2011.\n\n\nThe Company is also pleased to announce the appointment of Franck\n Bizouerne as Exploration Manager for Namibia Rare Earths. Mr. Bizouerne\n has over 14 years of exploration experience in Africa including senior\n project management positions and is now based in Windhoek.\n\n\nSummary of Latest Drill Results\n\n\nSignificant rare earth (\"REE\") mineralization was intersected in all 8\n holes reporting from Area 4 (Figure 2) with the best intercepts\n (expressed as % total rare earth oxides \"TREO\") as follows:\n\n\n1.28% TREO over 16.00 meters with 82.6% HREE enrichment (including 6.18%\n TREO over 2.00 meters wi...