Quantum Rare Earth Developments Expands Niobium Resource at Elk Creek
Quantum Rare Earth Developments declared on Tuesday that it has found encouraging assay results at 2 holes from the spring / summer 2011 exploration program at its Elk Creek property. The Elk Creek project is located in south-eastern Nebraska.
Out of the five hole drilling program the second and third holes namely NEC11-002 and NEC11-003 were drilled in the north-western portion of the Elk Creek niobium deposit at depth and in the south-eastern region of the mineralization.
The assay results from the second holes said that 179.18 metres grading 0.87% niobium pentoxide and 0.43% total rare earth oxides (TREO), including 131.03 metres of 1.02% niobium pentoxide and 0.48% TREO, and 1.23% niobium pentoxide and 0.38% TREO over 34.16 metres, was found in hole NEC11-002.
Results for the third hole NEC11-003 gave 130.37 metres grading 0.58% niobium pentoxide and 0.48% TREO, including 0.94% niobium pentoxide and 0.42% TREO over 34.16 metres. The results provide additional information about the deposit at a depth which was unknown so far.
The drilling campaign had been designed as an in-fill and step-out campaign and that is just what did it. The results will now upgrade the resource estimate to the indicated category, to expand the known niobium resource at the property.
Written by
Joel relocated to Australia in 1995 from the United Kingdom and spent five years working in the mining industry as an exploration geotechnician. His role involved utilizing GIS mapping and CAD software. Upon transitioning to the North Coast of NSW, Australia, Joel embarked on a career as a graphic designer at a well-known consultancy firm. Subsequently, he established a successful web services business catering to companies across the eastern seaboard of Australia. It was during this time that he conceived and launched News-Medical.Net. Joel has been an integral part of AZoNetwork since its inception in 2000. Joel possesses a keen interest in exploring the boundaries of technology, comprehending its potential impact on society, and actively engaging with AI-driven solutions and advancements.
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