Texas Rare Earth Resources Corp. (OTC Pink:TRER) a heavy rare earths exploration and development company, announced to shareholders a mineral property overview and updated assessment of its Round Top project.
Dan Gorski, CEO of Texas Rare Earth Resources, commented:
There is tremendous untapped rare earth element value within our Round Top Property. Our metallurgical research is moving forward at an accelerating pace and we are confident that a practical and economically viable flow sheet will be developed. We also are confident that because Round Top contains a high percentage (70%) of the less abundant ‘heavy’ rare earth elements, principally Dysprosium and Yttrium that this deposit, if and when developed, will in time replace the depleting South China clay deposits as the principal source of these strategically vital metals. Texas Rare Earth will be systematically providing the market with new research, analysis, economic developments and strategic initiatives going forward.