At the halfway point, 2010 has not been kind to junior rare earth companies, many of which have watched their stock prices fall. But, with China restricting exports interest in developing new resources is growing.
Rare Earth Metals Inc.(TSX VENTURE:RA) has received preliminary metallurgical/mineralogical test work results on the Clay- Howells Iron-REE-Nb Deposit, in the Kapuskasing area of Northern Ontario, being carried out by Xstrata Process Support in Sudbury, ON.
Theaureport.com reported REEs Explained:
RockBridge Resources Inc. (TSX VENTURE:RBE) announced the results of sample analysis resulting from saw cut sampling of the #12 and other historic showings along with additional sampling from its Cross Hills Newfoundland property.
HUDSON RESOURCES INC. (TSX VENTURE:HUD) announcd that it has completed the first phase of the 2010 drill program and has received assay results for the first 8 of 19 holes from the Sarfartoq Rare Earth Element (REE) Project in Western Greenland.
Marketoracle.co.uk reported on Rare Earth Metals Investing Explained :
Bolero Resources Corp. (TSX VENTURE:BRU)(FRANKFURT:U7N1) announced that multiple scintillometer anomalies have been identified on the north east portion of its Carbonatite Syndicate Rare Earth Claim Group located 80km north east of Prince George, BC.
Artha Resources Corporation (TSX VENTURE:AHC) announced that the company continues to make significant progress on its Argentinean exploration projects.
Great Western Minerals Group Ltd. (TSX VENTURE:GWG) (OTCQX:GWMGF) (PINK SHEETS:GWMGF) announced that it has extended the expiry date of an aggregate of 750,000 common share purchase warrants originally issued on June 27, 2008 in connection with the acquisition of Less Common Metals Limited.
Sillenger Exploration Corp. (OTCQB: SLGX) (OTCBB: SLGX) announced that its company information will be made available via Standard & Poor’s Market Access Program, an information distribution service that enables subscribing publicly traded companies to have their company information disseminated to users of Standard & Poor’s Advisor Insight.
Wednesday, June 30, 2010