Featured Rare Earth Companies

Rare Earth Results Positive at Galileo’s Glenover Project

Mining Weekly reported that drilling at Galileo Resources’ (LSE:GLR) Glenover rare earth project in Limpopo has yielded positive results.

Medallion’s Proposed Rare Earth Extraction Facility Can Be Operated Safely and Effectively

SENES Consultants Limited, an internationally-recognized energy, nuclear and environmental consultancy, concluded in a report that Medallion Resources Ltd.’s (TSXV: MDL) proposed plant can be operated safely and effectively, while complying with all major national and international mining and environmental safety standards.

325.31 m of 1.96% TREO, and 90.38 m of 2.21% TREO Intersected at the Ashram Deposit, Northern Quebec

Four drill holes were completed during the summer/fall exploration program at the Ashram Rare Earth Element Deposit, at the Eldor Project in northern Quebec. Commerce Resources Corp. (TSXV:CCE,FWB: D7H) announced that as drilling progresses north, significant REE mineralization continues to be intersected at surface down to considerable depths.

Lynas Raises Funds to Cover Increasing Costs

Australian Mining reported that Lynas Corp. (ASX:LYC) has secured additional money for its Malaysia-based rare earth plant.

Ucore in Favor of Alaska Budget Proposal

Mineweb reported that rare earth mine Ucore (TSXV:UCU) is happy about Alaska’s proposed budget, which emphasizes rare earth prospecting.

Montero Announces 14.51% TREO Over 3.03 Metres from Wigu Hill

Montero Mining and Exploration Ltd. (TSXV:MON) announced infill drilling results from the Tanzania-based Wigu Hill project.

Medallion Resources Receive Report from SENES Consultants Ltd

Medallion Resources Ltd.(TSXV:MDL) announced receiving a new report on its proposed large-scale monazite, rare-earth extraction facility. Medallion are currently sourcing rare-earth producers through purchase agreements and monazite- processing joint ventures. The SENES Consultants’ report states that the proposed extraction facility can be operated safely.

Arafura Shares Up 25% on Positive Results

NT News reported that shares of Arafura (ASX:ARU) surged after the company announced exploration results from the Nolans Bore rare earth project.

Rare Earth Mineral Sands Evaluates Nova Scotia Property

Daily Business Buzz reported that Rare Earth Mineral Sands Inc. sees potential in the sands of a Nova Scotia rare earth prospect.

Canasia Gets TSXV Approval on Gaspe Bay Option

Canasia Industries Corporation (TSXV:CAJ,OTC Pink:CANSF,FWB:45C) announced that the TSX Venture Exchange has approved its option agreement on the Quebec-based Gaspe Bay rare earth property.

David Newton Joins Stans Energy Corp as Vice President of Mining Operations.

David Newton has joined Stans Energy Corp (TSXV:HRE,OTCQX:HREEF) as Vice President of Mining Operations.

Lynas Shares Drop on Malaysia Hurdles

Sydney Morning Herald reported that shares of Lynas Corp. (ASX:LYC) fell as the company continued to deal with obstacles related to its Malaysian rare earth plant.

Solo International Acquires Philadelphia Rare Earth Prospect

Solo International Inc. (OTCQB:SLIO,OTC Pink:SLIO) announced its acquisition of the Quebec-based Philadelphia property.

Medallion Resources Appoints New Investor Relations Consultant

Medallion Resources Ltd.(TSXV:MDL) announced the appointment of Hamza Thindal Capital Corp. to mange the Company’s investor relations services. Hamza Thindal plan to develop a new investor relations and marketing program.

Zone 2 Rare Earth‐Uranium Deposit Extended with Broad Drill Intercepts

Greenland Minerals (ASX:GGG) announced results of the 2011 drilling at Zone 2 on the northern Ilimaussaq complex. Results continue to deliver broad, high‐grade intercepts of REE‐uranium mineralisation — clearly shaping up as a significant deposit, and is anticipated to lead to a substantial increase in the project’s overall resource base.

x