I have just updated the list of projects on the TMR Advanced Rare-Earth Projects Index, to reflect two new rare-earth mineral resource estimates, which were announced within the past month or so. I also made some other updates. The specifics:
- Geomega Resources Inc. (TSX.V:GMA) announced an NI-43-101-compliant mineral-resource estimate for its Montviel (Core Zone) project in Quebec, Canada, on September 29, 2011. According to the associated press release, 183.9 Mt of the resource is at the Indicated level @ 1.45 wt% TREO, and 66.7 Mt is at the Inferred level @ 1.46 wt% TREO (both at a cut-off grade of 1.0 wt%).
- Rare Earth Metals Inc. (TSX.V:RA, OTCQX:RAREF) announced an NI-43-101-compliant mineral-resource estimate for its Clay-Howells project in Canada, on September 27, 2011. According to the associated press release, 8.477 Mt of the resource is at the Inferred level @ 0.73 wt% TREO (at a cut-off grade of 0.6 wt%).
- I have also updated the pricing used in the Index data, to reflect the average monthly prices for September 2011 and the moving three-year average price for separated rare-earth oxides.
FYI, TMR is now tracking a total of 393 rare-earth development projects associated with 244 different companies in 35 different countries.
You can access the updated details via the Index page.
One last reminder: Jack and I are hosting the TMR Rare Earths Boot Camp in Toronto next week – during October 31 – November 1, 2011. This will be an intensive, two-day educational program for technical, financial, investment and policy-making professionals, focused on teaching the fundamentals of the rare-earths sector. The event features a world-class, independent expert faculty, who will draw from their decades of experience to teach specific aspects of the rare-earths lifecycle, at a level that everyone can understand.
We have a handful of places left – for the details, click on the link on the upper right-hand side of this page, or visit http://www.rareearthsbootcamp.com to get more details and to register.