Business
NAMIBIA RARE EARTHS INC. DRILLING PROGRAM AT LOFDAL PROGRESSING ON SCHEDULE
Jun. 16, 2011 (Canada NewsWire Group) -- HALIFAX, June 16, 2011 /CNW/ - Namibia Rare Earths I...
About this update from Namibia Critical Metals Inc.
[{"type":"text","content":"\n\n\n Jun. 16, 2011 (Canada NewsWire Group) -- \n\n#ReleaseContent TABLE\n{\n BORDER-COLLAPSE: collapse\n}\nTR.cnwUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTR.cnwDoubleUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTR.cnwBoldUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px solid\n}\nTD.cnwUnderlinedCell\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTD.cnwDoubleUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTD.cnwBoldUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px solid\n}\n#ReleaseContent TABLE.cnwBorderedTable TD\n{\n BORDER-RIGHT: black 1px solid;\n PADDING-RIGHT: 2px;\n BORDER-TOP: black 1px solid;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n BORDER-LEFT: black 1px solid;\n PADDING-TOP: 2px;\n BORDER-BOTTOM: black 1px solid;\n BORDER-COLLAPSE: collapse\n}\n#ReleaseContent TABLE TD\n{\n PADDING-RIGHT: 2px;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n PADDING-TOP: 2px\n}\n\n\nHALIFAX, June 16, 2011 /CNW/ - Namibia Rare Earths Inc. ("Namibia Rare\n Earths" or the "Company") (TSX: NRE) announced today that the 7,500\n meter drilling program on its Lofdal Rare Earth Project in Namibia (see\n press release May 18, 2011) is progressing on schedule. The field team\n has already completed 957 meters of diamond drilling in 14 holes on the\n first four of eighteen drill targets within the 200 km2 Lofdal Carbonatite Complex (Figure 1). Sampling is progressing well\n with the first two shipments of core samples delivered to the\n Activation Laboratories preparation facility in Windhoek, Namibia.\n First results are expected to be released by end of July, 2011.\n\n\nThe first drill targets at Lofdal are testing areas of significant heavy rare earth (HREE) enrichment1 (Table 1) based on surface sampling of outcrops in Area 4 and in Area 5\n (Figure 2) with two diamond drills. One drill has been deployed to the\n 800 meter long east-west trending structure in Area 4 where HREE\n enrichment of 96% carrying up to 4,400 ppm dysprosium has been sampled\n at surface. The second rig is drilling in Area 5 along a 1.6 kilometer\n long northeast trending structure where HREE enrichment of 72% carrying\n up to 3,540 ppm dysprosium has been sampled. Geologists report zones of\n interest from drilling based on alteration over widths of 1-10 meters,\n similar to what was documented by geologic...